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VNET Group NasdaqGS:VNET Stock Report

Last Price

US$3.56

Market Cap

US$966.4m

7D

-10.8%

1Y

24.0%

Updated

20 Dec, 2024

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

VNET Group, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for VNET Group
Historical stock prices
Current Share PriceUS$3.56
52 Week HighUS$4.50
52 Week LowUS$1.39
Beta-0.20
1 Month Change-5.32%
3 Month Change4.09%
1 Year Change24.04%
3 Year Change-61.09%
5 Year Change-44.46%
Change since IPO-81.06%

Recent News & Updates

VNET Group, Inc.'s (NASDAQ:VNET) Shares Leap 26% Yet They're Still Not Telling The Full Story

Dec 04
VNET Group, Inc.'s (NASDAQ:VNET) Shares Leap 26% Yet They're Still Not Telling The Full Story

VNET: Riding AI Waves While Retail IDC Anchors The Ship

Nov 25

Is VNET Group (NASDAQ:VNET) Using Debt In A Risky Way?

Nov 20
Is VNET Group (NASDAQ:VNET) Using Debt In A Risky Way?

Recent updates

VNET Group, Inc.'s (NASDAQ:VNET) Shares Leap 26% Yet They're Still Not Telling The Full Story

Dec 04
VNET Group, Inc.'s (NASDAQ:VNET) Shares Leap 26% Yet They're Still Not Telling The Full Story

VNET: Riding AI Waves While Retail IDC Anchors The Ship

Nov 25

Is VNET Group (NASDAQ:VNET) Using Debt In A Risky Way?

Nov 20
Is VNET Group (NASDAQ:VNET) Using Debt In A Risky Way?

Market Might Still Lack Some Conviction On VNET Group, Inc. (NASDAQ:VNET) Even After 28% Share Price Boost

Oct 11
Market Might Still Lack Some Conviction On VNET Group, Inc. (NASDAQ:VNET) Even After 28% Share Price Boost

VNET: Turning Bullish On Results Beat And Favorable Outlook (Rating Upgrade)

Aug 28

VNET: Still A Hold Considering Guidance And Debt Maturity

Mar 29

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

Shareholder Returns

VNETUS ITUS Market
7D-10.8%-3.0%-3.5%
1Y24.0%13.5%22.1%

Return vs Industry: VNET exceeded the US IT industry which returned 13.5% over the past year.

Return vs Market: VNET exceeded the US Market which returned 22.1% over the past year.

Price Volatility

Is VNET's price volatile compared to industry and market?
VNET volatility
VNET Average Weekly Movement13.8%
IT Industry Average Movement8.6%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

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

FoundedEmployeesCEOWebsite
19963,038Josh Chenwww.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

How do VNET Group's earnings and revenue compare to its market cap?
VNET fundamental statistics
Market capUS$966.42m
Earnings (TTM)-US$308.18m
Revenue (TTM)US$1.08b

0.9x

P/S Ratio

-3.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VNET income statement (TTM)
RevenueCN¥7.91b
Cost of RevenueCN¥6.29b
Gross ProfitCN¥1.62b
Other ExpensesCN¥3.87b
Earnings-CN¥2.25b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-8.42
Gross Margin20.45%
Net Profit Margin-28.42%
Debt/Equity Ratio161.8%

How did VNET perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 02:27
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

VNET Group, Inc. is covered by 31 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James RatcliffeBarclays
Daley LiBofA Global Research
Eric ChuCanaccord Genuity