VNET Stock Overview
An investment holding company, provides hosting and related services in China. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
VNET Group, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$3.76 |
| 52 Week High | US$4.50 |
| 52 Week Low | US$1.39 |
| Beta | -0.28 |
| 11 Month Change | 7.43% |
| 3 Month Change | 93.81% |
| 1 Year Change | 33.81% |
| 33 Year Change | -67.86% |
| 5 Year Change | -45.82% |
| Change since IPO | -80.00% |
Recent News & Updates
Is VNET Group (NASDAQ:VNET) Using Debt In A Risky Way?
Nov 20
Market Might Still Lack Some Conviction On VNET Group, Inc. (NASDAQ:VNET) Even After 28% Share Price Boost
Oct 11VNET: Turning Bullish On Results Beat And Favorable Outlook (Rating Upgrade)
Aug 28Recent updates
Is VNET Group (NASDAQ:VNET) Using Debt In A Risky Way?
Nov 20Market Might Still Lack Some Conviction On VNET Group, Inc. (NASDAQ:VNET) Even After 28% Share Price Boost
Oct 11VNET: Turning Bullish On Results Beat And Favorable Outlook (Rating Upgrade)
Aug 28VNET: Still A Hold Considering Guidance And Debt Maturity
Mar 29VNET Group gains after report buyout firms said to be considering bids
Oct 18VNET Group: Potential Buyout From Founder
Sep 28Vnet climbs after receiving non-binding acquisition bid from founder
Sep 13VNET Slashes Expansion Plans As Private Equity Buyout Remains In Play
Sep 0621Vianet Group Q2 2022 Earnings Preview
Aug 29Chinese data center company Vnet jumps on report of possible rival takeover offer
Jul 27VNET Group: Significant Upside Based On Structural IDC Tailwinds And Government Support
Jun 15Shareholder Returns
| VNET | US IT | US Market | |
|---|---|---|---|
| 7D | 9.9% | -2.3% | -1.2% |
| 1Y | 33.8% | 15.3% | 30.4% |
Return vs Industry: VNET exceeded the US IT industry which returned 15.3% over the past year.
Return vs Market: VNET exceeded the US Market which returned 30.4% over the past year.
Price Volatility
| VNET volatility | |
|---|---|
| VNET Average Weekly Movement | 13.8% |
| IT Industry Average Movement | 7.5% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: VNET's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: VNET's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 3,038 | Josh Chen | www.vnet.com |
VNET Group, Inc., an investment holding company, provides hosting and related services in China. The company 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; and 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. It also provides 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.
VNET Group, Inc. Fundamentals Summary
| VNET fundamental statistics | |
|---|---|
| Market cap | US$987.77m |
| Earnings (TTM) | -US$361.11m |
| Revenue (TTM) | US$1.06b |
0.9x
P/S Ratio-2.8x
P/E RatioIs VNET overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VNET income statement (TTM) | |
|---|---|
| Revenue | CN¥7.68b |
| Cost of Revenue | CN¥6.24b |
| Gross Profit | CN¥1.43b |
| Other Expenses | CN¥4.05b |
| Earnings | -CN¥2.62b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Nov 21, 2024
| Earnings per share (EPS) | -9.80 |
| Gross Margin | 18.67% |
| Net Profit Margin | -34.08% |
| Debt/Equity Ratio | 160.5% |
How did VNET perform over the long term?
See historical performance and comparison