21Vianet Group
Market Cap
US$3.3b
Last Updated
2020/11/25 23:49 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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential with imperfect balance sheet.
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
Stable Share Price: VNET is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: VNET's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
31.8%
VNET
5.0%
US IT
2.8%
US Market
1 Year Return
331.7%
VNET
27.8%
US IT
19.7%
US Market
Return vs Industry: VNET exceeded the US IT industry which returned 27.8% over the past year.
Return vs Market: VNET exceeded the US Market which returned 19.7% over the past year.
Shareholder returns
| VNET | Industry | Market | |
|---|---|---|---|
| 7 Day | 31.8% | 5.0% | 2.8% |
| 30 Day | 31.0% | 10.2% | 8.0% |
| 90 Day | 28.9% | 3.9% | 6.8% |
| 1 Year | 331.7%331.7% | 29.1%27.8% | 22.4%19.7% |
| 3 Year | 335.5%335.5% | 101.2%93.3% | 47.3%37.5% |
| 5 Year | 44.2%44.2% | 177.5%158.1% | 93.6%72.3% |
Long-Term 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
14 hours ago | Simply Wall St
21Vianet Group, Inc. Beat Analyst Profit Forecasts, And Analysts Have New Estimates4 weeks ago | Simply Wall St
Do Institutions Own 21Vianet Group, Inc. (NASDAQ:VNET) Shares?1 month ago | Simply Wall St
21Vianet Group, Inc. (NASDAQ:VNET) Is Expected To Breakeven In The Near FutureValuation
Is 21Vianet Group undervalued compared to its fair value and its price relative to the market?
1.06x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: VNET ($29.96) is trading above our estimate of fair value ($13.06)
Significantly Below Fair Value: VNET is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: VNET is unprofitable, so we can't compare its PE Ratio to the US IT industry average.
PE vs Market: VNET is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VNET's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VNET is good value based on its PB Ratio (1.1x) compared to the US IT industry average (3.9x).
Next Steps
Future Growth
How is 21Vianet Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
40.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VNET is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: VNET is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: VNET's is expected to become profitable in the next 3 years.
Revenue vs Market: VNET's revenue (3.3% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: VNET's revenue (3.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VNET's Return on Equity is forecast to be low in 3 years time (5.4%).
Next Steps
Past Performance
How has 21Vianet Group performed over the past 5 years?
-2.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VNET is currently unprofitable.
Growing Profit Margin: VNET is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VNET is unprofitable, and losses have increased over the past 5 years at a rate of 2% per year.
Accelerating Growth: Unable to compare VNET's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VNET is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (3.2%).
Return on Equity
High ROE: VNET has a negative Return on Equity (-41.33%), as it is currently unprofitable.
Next Steps
Financial Health
How is 21Vianet Group's financial position?
Financial Position Analysis
Short Term Liabilities: VNET's short term assets ($7.7B) exceed its short term liabilities ($5.3B).
Long Term Liabilities: VNET's short term assets ($7.7B) do not cover its long term liabilities ($8.1B).
Debt to Equity History and Analysis
Debt Level: VNET's debt to equity ratio (150.1%) is considered high.
Reducing Debt: VNET's debt to equity ratio has increased from 70.7% to 150.1% over the past 5 years.
Balance Sheet
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.
Stable Cash Runway: VNET has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if VNET has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is 21Vianet Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VNET's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VNET's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VNET's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VNET's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VNET's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.9yrs
Average management tenure
CEO
Alvin Wang (43 yo)
2.42yrs
Tenure
Mr. Shiqi Wang is known as Alvin., has been President of 21Vianet Group, Inc. since February 5, 2018 and as serves as its Chief Executive Officer since June 30, 2018. Mr. Wang serves as Vice President of T...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman | 21.83yrs | no data | 6.03% $ 199.5m | |
| Group CEO & President | 2.42yrs | no data | no data | |
| Chief Financial Officer | 2.83yrs | no data | no data | |
| Chief Operating Officer | 1yr | no data | no data | |
| Investor Relations Director | no data | no data | no data | |
| Senior Vice President | 0.75yr | no data | no data | |
| Senior VP and GM of East & South China Business | 0.83yr | no data | no data | |
| Senior VP and GM of North China Business | 0.92yr | no data | no data | |
| President of Cloud Business Unit | 0.67yr | no data | no data | |
| Executive Chairman of Retail IDC Business Group | 0.42yr | no data | no data | |
| Chief Strategy Officer | 0.25yr | no data | no data | |
| 2.83yrs | no data | no data |
0.9yrs
Average Tenure
46yo
Average Age
Experienced Management: VNET's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman | 21.83yrs | no data | 6.03% $ 199.5m | |
| Independent Director | 10.08yrs | no data | 0.28% $ 9.1m | |
| Independent Director | 8.08yrs | no data | no data | |
| Independent Director | 5.25yrs | no data | no data | |
| Director | 3.92yrs | no data | no data | |
| Director | 3.17yrs | no data | no data | |
| Independent Director | 5.5yrs | no data | no data | |
| Chairman of Strategic Advisory Board & Independent Director | 2.5yrs | no data | no data |
5.4yrs
Average Tenure
54yo
Average Age
Experienced Board: VNET's board of directors are considered experienced (5.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18.3%.
Top Shareholders
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$3.308b
- Shares outstanding: 132.92m
- 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 | SPONSORED ADS A | US | USD | Apr 2011 |
| 217A | DB (Deutsche Boerse AG) | Yes | SPONSORED ADS A | 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 | 2020/11/25 23:49 |
| End of Day Share Price | 2020/11/25 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.