VNET Group, Inc.

NasdaqGS:VNET Stock Report

Market Cap: US$1.1b

VNET Group Balance Sheet Health

Financial Health criteria checks 0/6

VNET Group has a total shareholder equity of CN¥6.9B and total debt of CN¥11.1B, which brings its debt-to-equity ratio to 161.8%. Its total assets and total liabilities are CN¥29.9B and CN¥23.1B respectively. VNET Group's EBIT is CN¥91.7M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥1.5B.

Key information

161.8%

Debt to equity ratio

CN¥11.10b

Debt

Interest coverage ratio0.2x
CashCN¥1.54b
EquityCN¥6.86b
Total liabilitiesCN¥23.06b
Total assetsCN¥29.93b

Recent financial health updates

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

Financial Position Analysis

Short Term Liabilities: VNET's short term assets (CN¥6.9B) do not cover its short term liabilities (CN¥8.4B).

Long Term Liabilities: VNET's short term assets (CN¥6.9B) do not cover its long term liabilities (CN¥14.7B).

Debt to Equity History and Analysis

Debt Level: VNET's net debt to equity ratio (139.3%) is considered high.

Reducing Debt: VNET's debt to equity ratio has increased from 63.6% to 161.8% 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 less than a year of cash runway 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.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 22:37
End of Day Share Price 2024/12/30 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 29 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
Gregory MillerCanaccord Genuity