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VNET Group NasdaqGS:VNET Stock Report

Last Price

US$1.86

Market Cap

US$478.7m

7D

10.7%

1Y

-39.4%

Updated

18 Mar, 2024

Data

Company Financials +

VNET Group, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for VNET Group
Historical stock prices
Current Share PriceUS$1.86
52 Week HighUS$4.19
52 Week LowUS$1.39
Beta-0.30
1 Month Change18.47%
3 Month Change-39.90%
1 Year Change-39.41%
3 Year Change-94.36%
5 Year Change-77.59%
Change since IPO-90.11%

Recent News & Updates

Recent updates

VNET Group gains after report buyout firms said to be considering bids

Oct 18

VNET Group: Potential Buyout From Founder

Sep 28

Vnet climbs after receiving non-binding acquisition bid from founder

Sep 13

VNET Slashes Expansion Plans As Private Equity Buyout Remains In Play

Sep 06

21Vianet Group Q2 2022 Earnings Preview

Aug 29

Chinese data center company Vnet jumps on report of possible rival takeover offer

Jul 27

VNET Group: Significant Upside Based On Structural IDC Tailwinds And Government Support

Jun 15

VNET Finally Gets Some Respect From Unsolicited Suitor

Apr 12

VNET Group: A Speculative Investment Makes Sense

Feb 10

These 4 Measures Indicate That VNET Group (NASDAQ:VNET) Is Using Debt Extensively

Dec 13
These 4 Measures Indicate That VNET Group (NASDAQ:VNET) Is Using Debt Extensively

Is VNET Group, Inc. (NASDAQ:VNET) Trading At A 38% Discount?

Nov 22
Is VNET Group, Inc. (NASDAQ:VNET) Trading At A 38% Discount?

VNET Group (NASDAQ:VNET) Is Experiencing Growth In Returns On Capital

Nov 01
VNET Group (NASDAQ:VNET) Is Experiencing Growth In Returns On Capital

21Vianet Looks For New Chapter With Name Change

Oct 11

Here's Why 21Vianet Group (NASDAQ:VNET) Has A Meaningful Debt Burden

Aug 30
Here's Why 21Vianet Group (NASDAQ:VNET) Has A Meaningful Debt Burden

A Look At The Intrinsic Value Of 21Vianet Group, Inc. (NASDAQ:VNET)

Aug 09
A Look At The Intrinsic Value Of 21Vianet Group, Inc. (NASDAQ:VNET)

Shareholder Returns

VNETUS ITUS Market
7D10.7%-0.5%-0.1%
1Y-39.4%42.7%28.4%

Return vs Industry: VNET underperformed the US IT industry which returned 42.7% over the past year.

Return vs Market: VNET underperformed the US Market which returned 28.4% over the past year.

Price Volatility

Is VNET's price volatile compared to industry and market?
VNET volatility
VNET Average Weekly Movement10.5%
IT Industry Average Movement8.3%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: VNET's share price has been volatile over the past 3 months.

Volatility Over Time: VNET's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
19993,293Jeff Donghttps://www.vnet.com

VNET Group, Inc., an investment holding company, provides hosting and related services in China. It offers managed hosting services consisting of managed retail services, such as colocation services that dedicate data center space to house customers’ servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; interconnectivity services that allow customers to connect their servers; value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and backup server services; cloud services that allow customers to run applications over the internet using IT infrastructure; and VPN Services that extend customers’ private networks by setting up connections through the public internet. The company also provides server administration services, such as operating system support and assistance with updates, server monitoring, server backup and restoration, server security evaluation, firewall services, and disaster recovery services.

VNET Group, Inc. Fundamentals Summary

How do VNET Group's earnings and revenue compare to its market cap?
VNET fundamental statistics
Market capUS$478.70m
Earnings (TTM)-US$36.86m
Revenue (TTM)US$1.03b

0.5x

P/S Ratio

-13.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VNET income statement (TTM)
RevenueCN¥7.40b
Cost of RevenueCN¥6.07b
Gross ProfitCN¥1.33b
Other ExpensesCN¥1.60b
Earnings-CN¥265.29m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Mar 27, 2024

Earnings per share (EPS)-1.03
Gross Margin17.98%
Net Profit Margin-3.59%
Debt/Equity Ratio163.1%

How did VNET perform over the long term?

See historical performance and comparison
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