New Risk • Jun 16
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.7% Last year net profit margin: 5.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (2.7% net profit margin). Market cap is less than US$100m (UK£19.2m market cap, or US$25.8m). Board Change • Jun 12
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Stella Panu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • Jun 11
First half dividend increased to UK£0.02 Dividend of UK£0.02 is 100% higher than last year. Ex-date: 18th June 2026 Payment date: 31st July 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 1.3% over the next 3 years. However, it would need to fall by 58% to increase the payout ratio to a potentially unsustainable range. Announcement • Jun 10
Vianet Group plc Appoints Craig Roy Brocklehurst as Director, Effective June 1, 2026 Vianet Group plc announced the appointment of Mr. Craig Roy Brocklehurst as director, effective June 1, 2026. The company confirmed that the person named has consented to act as a director. Service Address: Vianet Group Surtees Business Park, Surtees Way, Stockton on Tees, United Kingdom, TS18 3HR. Country/State Usually Resident: United Kingdom. Date of Birth: February 1976. Nationality: British. Announcement • May 02
Vianet Group plc Proposes Final Dividend Increase for Fiscal Year Ended 31 March 2026 Vianet Group plc proposed final dividend: Increased to 2.0 pence per share, demonstrating confidence in the Group's financial position and future prospects. Total dividend for FY26 (ended 31 March 2026): 2.4 pence per share (interim: 0.4 pence paid January 2026), representing an 85% increase on FY25's total dividend of 1.3 pence per share, reflecting the Board's progressive dividend policy and growing confidence in the business. New Risk • Apr 29
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 8.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 8.9% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (UK£18.0m market cap, or US$24.4m). Reported Earnings • Dec 07
First half 2026 earnings released: EPS: UK£0.008 (vs UK£0.001 in 1H 2025) First half 2026 results: EPS: UK£0.008 (up from UK£0.001 in 1H 2025). Revenue: UK£7.51m (flat on 1H 2025). Net income: UK£229.0k (up UK£211.0k from 1H 2025). Profit margin: 3.1% (up from 0.2% in 1H 2025). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Nov 04
Vianet Group plc to Report First Half, 2026 Results on Dec 02, 2025 Vianet Group plc announced that they will report first half, 2026 results on Dec 02, 2025 Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. Independent Non-Executive Director Stella Panu was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 12
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: UK£0.029 (up from UK£0.027 in FY 2024). Revenue: UK£15.0m (down 1.0% from FY 2024). Net income: UK£857.0k (up 7.0% from FY 2024). Profit margin: 5.7% (up from 5.3% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 30%. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Jun 10
Vianet Group plc, Annual General Meeting, Jul 16, 2025 Vianet Group plc, Annual General Meeting, Jul 16, 2025. Buy Or Sell Opportunity • Jun 09
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to UK£0.74. The fair value is estimated to be UK£0.62, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 2.8% in a year. Earnings are forecast to decline by 19% in the next year. Buy Or Sell Opportunity • May 09
Now 20% overvalued Over the last 90 days, the stock has fallen 13% to UK£0.76. The fair value is estimated to be UK£0.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 2.8% in a year. Earnings are forecast to decline by 19% in the next year. New Risk • May 04
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.6% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Market cap is less than US$100m (UK£19.8m market cap, or US$26.4m). Announcement • Apr 24
Vianet Group plc to Report Fiscal Year 2025 Results on Jun 10, 2025 Vianet Group plc announced that they will report fiscal year 2025 results on Jun 10, 2025 Major Estimate Revision • Feb 01
Consensus EPS estimates fall by 63% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from UK£17.1m to UK£15.7m. EPS estimate also fell from UK£0.059 per share to UK£0.022 per share. Net income forecast to shrink 19% next year vs 23% growth forecast for Electronic industry in the United Kingdom . Consensus price target of UK£2.10 unchanged from last update. Share price fell 13% to UK£0.89 over the past week. New Risk • Jan 30
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 15% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (UK£29.8m market cap, or US$37.1m). Buy Or Sell Opportunity • Jan 13
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to UK£1.09. The fair value is estimated to be UK£1.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 13% in a year. Earnings are forecast to grow by 82% in the next year. Announcement • Dec 05
Vianet Group plc (AIM:VNET) commences an Equity Buyback Plan for 2,941,816 shares, representing 10% of its issued share capital, under the authorization approved on July 18, 2024. Vianet Group plc (AIM:VNET) commences share repurchases on December 4, 2024, under the program mandated by the shareholders in the Annual General Meeting held on July 18, 2024. As per the mandate, the company is authorized to repurchase up to 2,941,816 shares, representing 10% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.1 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange AIM All-Share List for the five business days immediately preceding the day on which the ordinary share is contracted to be purchased. The purpose of the program is to reduce the share capital of the company. The shares repurchased will be cancelled. The program will be funded from the company's existing cash resources. The authority shall expire on the earlier of July 17, 2025 or at the conclusion of the next Annual General Meeting of the company.
On December 3, 2024, the company announced a share repurchase program. Under the program, the company will repurchase its own shares. The purpose of the program is to reduce the registered share capital of the company. The repurchased shares will be cancelled. The program will be funded from the Company's existing cash resources. As of December 3, 2024, the company had 29,438,164 issued shares. Buy Or Sell Opportunity • Sep 20
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 8.0% to UK£1.22. The fair value is estimated to be UK£1.00, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 13% in a year. Earnings are forecast to grow by 119% in the next year. New Risk • Jun 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (UK£33.2m market cap, or US$42.0m). Announcement • Jun 22
Vianet Group plc, Annual General Meeting, Jul 18, 2024 Vianet Group plc, Annual General Meeting, Jul 18, 2024. Location: one surtees way, surtees business park, ts18 3hr, stockton on tees United Kingdom Reported Earnings • Jun 13
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: UK£0.027 (up from UK£0.006 in FY 2023). Revenue: UK£15.2m (up 7.5% from FY 2023). Net income: UK£801.0k (up 398% from FY 2023). Profit margin: 5.3% (up from 1.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 75%. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Jun 13
Vianet Group plc Proposes Final Dividend for the Year Ended 31 March 2024, Payable on 2 August 2024 Vianet Group plc announced that for the full-year dividend, the Board proposes 0.75 pence per share (FY 2023: 0.50 pence), payable on 2 August 2024 to shareholders on the register on 21 June 2024.. New Risk • May 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (UK£33.4m market cap, or US$42.3m). Announcement • Apr 28
Vianet Group plc to Report Fiscal Year 2024 Results on Jun 11, 2024 Vianet Group plc announced that they will report fiscal year 2024 results on Jun 11, 2024 Announcement • Dec 14
Vianet Group plc (AIM:VNET) commences an Equity Buyback Plan for 2,955,891 shares, representing 10% of its issued share capital, under the authorization approved on September 5, 2023. Vianet Group plc (AIM:VNET) commences share repurchases on December 13, 2023, under the program mandated by the shareholders in the Annual General Meeting held on September 5, 2023. As per the mandate, the company is authorized to repurchase up to 2,955,891 shares, representing 10% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.1 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange AIM All-Share List for the five business days immediately preceding the day on which the ordinary share is contracted to be purchased. The purpose of the program is to reduce the share capital of the company. The shares repurchased will be cancelled. The program will be funded from the company's existing cash resources. The authority shall expire on the earlier of September 5, 2024 or at the conclusion of the next Annual General Meeting of the company. As of November 7, 2023, the company had 29,558,914 issued shares and no shares in treasury. Major Estimate Revision • Dec 13
Consensus EPS estimates fall by 15% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from UK£16.5m to UK£15.2m. EPS estimate also fell from UK£0.019 per share to UK£0.016 per share. Net income forecast to grow 194% next year vs 61% growth forecast for Electronic industry in the United Kingdom. Consensus price target of UK£2.10 unchanged from last update. Share price was steady at UK£0.80 over the past week. New Risk • Jul 21
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (UK£24.6m market cap, or US$31.7m). Reported Earnings • Jul 19
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: UK£0.006 (in line with FY 2022). Revenue: UK£14.1m (up 6.8% from FY 2022). Net income: UK£161.0k (down 14% from FY 2022). Profit margin: 1.1% (down from 1.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 64%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 2% per year. Price Target Changed • Jun 14
Price target increased by 7.8% to UK£1.73 Up from UK£1.60, the current price target is an average from 2 analysts. New target price is 104% above last closing price of UK£0.84. Stock is down 1.2% over the past year. The company is forecast to post earnings per share of UK£0.015 for next year compared to UK£0.0065 last year. Announcement • Jun 05
Vianet Group plc to Report Q4, 2023 Results on Jun 13, 2023 Vianet Group plc announced that they will report Q4, 2023 results on Jun 13, 2023 Reported Earnings • Dec 07
First half 2023 earnings released: UK£0.003 loss per share (vs UK£0.011 loss in 1H 2022) First half 2023 results: UK£0.003 loss per share (improved from UK£0.011 loss in 1H 2022). Revenue: UK£7.18m (up 13% from 1H 2022). Net loss: UK£77.0k (loss narrowed 77% from 1H 2022). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Dave Coplin was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Jun 17
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: UK£0.007 (up from UK£0.068 loss in FY 2021). Revenue: UK£13.2m (up 58% from FY 2021). Net income: UK£187.0k (up UK£2.14m from FY 2021). Profit margin: 1.4% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 42%. Over the next year, revenue is forecast to grow 19%, compared to a 8.5% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Director Dave Coplin was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Dec 10
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: UK£0.012 loss per share (up from UK£0.049 loss in 1H 2021). Revenue: UK£6.34m (up 56% from 1H 2021). Net loss: UK£333.0k (loss narrowed 76% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 16
Full year 2021 earnings released: UK£0.067 loss per share (vs UK£0.086 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: UK£8.37m (down 49% from FY 2020). Net loss: UK£1.96m (down 180% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Mar 04
New 90-day high: UK£0.86 The company is up 1.0% from its price of UK£0.86 on 04 December 2020. The British market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period. Is New 90 Day High Low • Jan 13
New 90-day low: UK£0.61 The company is down 8.0% from its price of UK£0.67 on 15 October 2020. The British market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 29
New 90-day low: UK£0.63 The company is down 30% from its price of UK£0.90 on 30 September 2020. The British market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 9.0% over the same period. Reported Earnings • Dec 11
First half 2021 earnings released: UK£0.049 loss per share The company reported a poor first half result with weaker earnings, revenues and control over expenses. First half 2021 results: Revenue: UK£4.07m (down 52% from 1H 2020). Net loss: UK£1.41m (down 183% from profit in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Oct 22
New 90-day low: UK£0.64 The company is down 31% from its price of UK£0.93 on 24 July 2020. The British market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 8.0% over the same period. Is New 90 Day High Low • Sep 28
New 90-day low: UK£0.90 The company is down 5.0% from its price of UK£0.95 on 30 June 2020. The British market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 5.0% over the same period. 