21Vianet Group
Market Cap
US$929.5m
Last Updated
2019/09/23 00:50 UTC
Data Sources
Company Financials +
Executive Summary
21Vianet Group, Inc. provides carrier and cloud-neutral Internet data center services to Internet companies, government entities, blue-chip enterprises, and small-to mid-sized enterprises in the People’s Republic of China.
Snowflake
Fundamentals
Excellent balance sheet and overvalued.
Risks
- 21Vianet Group is covered by less than 3 analysts.
Similar Companies
Share Price & News
How has 21Vianet Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-4.8%
VNET
-0.8%
US IT
-0.6%
US Market
1 Year Return
-17.6%
VNET
13.7%
US IT
0.7%
US Market
VNET underperformed the IT industry which returned 13.4% over the past year.
VNET underperformed the Market in United States of America which returned 0.7% over the past year.
Share holder returns
| VNET | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.8% | -0.8% | -0.6% |
| 30 Day | 8.4% | 0.1% | 4.9% |
| 90 Day | 9.0% | 1.7% | 1.7% |
| 1 Year | -17.6%-17.6% | 14.9%13.7% | 3.0%0.7% |
| 3 Year | 1.1%1.1% | 95.0%86.9% | 44.8%35.4% |
| 5 Year | -54.2%-54.2% | 143.9%119.3% | 62.0%44.3% |
Price Volatility Vs. Market
How volatile is 21Vianet Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Introducing 21Vianet Group (NASDAQ:VNET), The Stock That Tanked 74%1 month ago | Simply Wall St
21Vianet Group (NASDAQ:VNET) Takes On Some Risk With Its Use Of Debt2 months ago | Simply Wall St
What Kind Of Share Price Volatility Should You Expect For 21Vianet Group, Inc. (NASDAQ:VNET)?Valuation
Is 21Vianet Group undervalued based on future cash flows and its price relative to the stock market?
1.32x
Price to Book (PB) ratio
Intrinsic Value Based on Future Cash Flows
Unable to calculate intrinsic value for 21Vianet Group to establish if it is available at moderate discount.
Unable to calculate intrinsic value for 21Vianet Group to establish if it is available at substantial discount.
Price Based on Earnings
21Vianet Group is loss making, we can't compare its value to the US IT industry average.
21Vianet Group is loss making, we can't compare the value of its earnings to the United States of America market.
Price Based on Expected Growth
Unable to calculate PEG ratio for 21Vianet Group, we can't assess if its growth is good value.
Price Based on Value of Assets
21Vianet Group is good value based on assets compared to the US IT industry average.
Next Steps
Future Growth
How is 21Vianet Group expected to perform in the next 1 to 3 years based on estimates from 2 analysts?
10.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
21Vianet Group's revenue is expected to grow by 19% yearly, however this is not considered high growth (20% yearly).
21Vianet Group is not considered high growth as it is expected to be loss making for the next 1-3 years.
21Vianet Group's revenue growth is expected to exceed the United States of America market average.
Unable to compare 21Vianet Group's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
Unable to compare 21Vianet Group's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Earnings per Share Growth Estimates
Future Return on Equity
21Vianet Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has 21Vianet Group performed over the past 5 years?
-6.1%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
21Vianet Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
Unable to compare 21Vianet Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
Unable to compare 21Vianet Group's 1-year growth to the US IT industry average as it is not currently profitable.
Return on Equity
It is difficult to establish if 21Vianet Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
Return on Assets
21Vianet Group used its assets less efficiently than the US IT industry average last year based on Return on Assets.
Return on Capital Employed
It is difficult to establish if 21Vianet Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Next Steps
Financial Health
How is 21Vianet Group's financial position?
Financial Position Analysis
21Vianet Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
21Vianet Group's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
21Vianet Group's level of debt (61.1%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (108.3% vs 61.1% today).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 1.7x debt.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Whilst loss making 21Vianet Group has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
Whilst loss making 21Vianet Group has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -113% per year.
Next Steps
Dividend
What is 21Vianet Group's current dividend yield, its reliability and sustainability?
Dividend Yield and Payments Analysis
Unable to evaluate 21Vianet Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate 21Vianet Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Unable to perform a dividend volatility check as 21Vianet Group has not reported any payouts.
Unable to verify if 21Vianet Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to Shareholders
Unable to calculate sustainability of dividends as 21Vianet Group has not reported any payouts.
Future Payout to Shareholders
No need to calculate the sustainability of 21Vianet Group's dividends in 3 years as they are not expected to pay a notable one for United States of America.
Next Steps
Management
What is the CEO of 21Vianet Group's salary, the management and board of directors tenure and is there insider trading?
1.7yrs
Average management tenure
CEO
Shiqi Wang (43yo)
1.3yrs
Tenure
Mr. Shiqi Wang has been President of 21Vianet Group, Inc. since February 5, 2018 and as serves as its CEO since June 30, 2018. Mr. Wang serves as Vice President of TUS Digital Group, a subsidiary of TUS Ho ...
Management Age and Tenure
1.7yrs
Average Tenure
50yo
Average Age
The average tenure for the 21Vianet Group management team is less than 2 years, this suggests a new team.
Board Age and Tenure
4.2yrs
Average Tenure
53yo
Average Age
The tenure for the 21Vianet Group board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
Josh Chen (50yo)
Co-Founder & Executive Chairman
- Tenure: 20.7yrs
Feng Liu (47yo)
VP and GM of Marketing & Infrastructure Operation
- Tenure: 0.7yrs
Terry Wang (59yo)
- Tenure: 1.7yrs
Steve Zhang (55yo)
- Tenure: 1.3yrs
Wing-Dar Ker (58yo)
President of Microsoft Cloud Business Unit
- Tenure: 5.9yrs
Sharon Liu (38yo)
Chief Financial Officer
- Tenure: 1.7yrs
Shiqi Wang (43yo)
CEO & President
- Tenure: 1.3yrs
Rene Jiang
Investor Relations Director
- Tenure: 0yrs
Board Members
Yoshihisa Ueno (56yo)
Independent Director
- Tenure: 8.9yrs
Kenneth Tai (68yo)
Independent Director
- Tenure: 6.9yrs
Josh Chen (50yo)
Co-Founder & Executive Chairman
- Tenure: 20.7yrs
Sean S. Shao (62yo)
Independent Director
- Tenure: 4.1yrs
Tao Zou (44yo)
Independent Director
- Tenure: 2.8yrs
Wenbin Chen (48yo)
Director
- Tenure: 2yrs
Erhfei Liu (61yo)
Independent Director
- Tenure: 4.3yrs
Yao Li (50yo)
Chairman of Strategic Advisory Board & Independent Director
- Tenure: 1.3yrs
Company Information
21Vianet Group, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: 21Vianet Group, Inc.
- Ticker: VNET
- Exchange: NasdaqGS
- Founded: 1999
- Industry: Internet Services and Infrastructure
- Sector: Software
- Market Cap: US$929.488m
- Shares outstanding: 112.39m
- Website: https://www.21vianet.com
Number of Employees
Location
- 21Vianet Group, Inc.
- Guanjie Building Southeast
- 1st Floor
- Beijing
- 100016
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VNET | NasdaqGS (Nasdaq Global Select) | Yes | SPON ADR EA REPR 6 ORD SHS | US | USD | Apr 2011 |
| 217A | DB (Deutsche Boerse AG) | Yes | SPON ADR EA REPR 6 ORD SHS | DE | EUR | Apr 2011 |
Biography
21Vianet Group, Inc. provides carrier and cloud-neutral Internet data center services to Internet companies, government entities, blue-chip enterprises, and small-to mid-sized enterprises in the People’s R ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/23 00:50 |
| End of Day Share Price | 2019/09/20 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.