VNET Group Past Earnings Performance
Past criteria checks 2/6
VNET Group's earnings have been declining at an average annual rate of -3.2%, while the IT industry saw earnings growing at 5.5% annually. Revenues have been growing at an average rate of 14% per year. VNET Group's return on equity is 3.6%, and it has net margins of 2.2%.
Key information
-3.2%
Earnings growth rate
11.0%
EPS growth rate
| IT Industry Growth | 22.4% |
| Revenue growth rate | 14.0% |
| Return on equity | 3.6% |
| Net Margin | 2.2% |
| Last Earnings Update | 31 Dec 2024 |
Recent past performance updates
Recent updates
VNET Group, Inc. (NASDAQ:VNET) Stock Rockets 32% But Many Are Still Ignoring The Company
Mar 12
VNET Group: REIT Injection And Capex Growth Are The Major Positives
Feb 28An Intrinsic Calculation For VNET Group, Inc. (NASDAQ:VNET) Suggests It's 31% Undervalued
Feb 16Returns On Capital Signal Tricky Times Ahead For VNET Group (NASDAQ:VNET)
Jan 20VNET Group, Inc.'s (NASDAQ:VNET) Shares Leap 26% Yet They're Still Not Telling The Full Story
Dec 04VNET: Riding AI Waves While Retail IDC Anchors The Ship
Nov 25Is 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 29Revenue & Expenses Breakdown
How VNET Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 24 | 8,259 | 183 | 1,031 | 247 |
| 30 Sep 24 | 7,911 | -2,248 | 1,303 | 271 |
| 30 Jun 24 | 7,677 | -2,617 | 1,265 | 299 |
| 31 Mar 24 | 7,505 | -2,913 | 1,279 | 318 |
| 31 Dec 23 | 7,413 | -2,644 | 1,177 | 322 |
| 30 Sep 23 | 7,395 | -265 | 868 | 326 |
| 30 Jun 23 | 7,322 | -640 | 890 | 318 |
| 31 Mar 23 | 7,226 | -784 | 955 | 314 |
| 31 Dec 22 | 7,065 | -776 | 990 | 307 |
| 30 Sep 22 | 6,930 | -745 | 1,193 | 286 |
| 30 Jun 22 | 6,676 | -163 | 1,158 | 266 |
| 31 Mar 22 | 6,448 | 670 | 1,133 | 228 |
| 31 Dec 21 | 6,190 | 494 | 1,116 | 188 |
| 30 Sep 21 | 5,793 | -511 | 892 | 168 |
| 30 Jun 21 | 5,478 | -570 | 857 | 140 |
| 31 Mar 21 | 5,125 | -3,149 | 806 | 125 |
| 31 Dec 20 | 4,829 | -3,203 | 773 | 113 |
| 30 Sep 20 | 4,529 | -2,181 | 694 | 96 |
| 30 Jun 20 | 4,264 | -2,348 | 655 | 92 |
| 31 Mar 20 | 4,008 | -327 | 635 | 87 |
| 31 Dec 19 | 3,789 | -182 | 623 | 89 |
| 30 Sep 19 | 3,643 | -280 | 630 | 87 |
| 30 Jun 19 | 3,532 | -240 | 647 | 89 |
| 31 Mar 19 | 3,472 | -232 | 647 | 93 |
| 31 Dec 18 | 3,401 | -205 | 634 | 92 |
| 30 Sep 18 | 3,265 | 566 | 612 | 98 |
| 30 Jun 18 | 3,281 | -779 | 673 | 112 |
| 31 Mar 18 | 3,331 | -782 | 749 | 133 |
| 31 Dec 17 | 3,393 | -915 | 814 | 149 |
| 30 Sep 17 | 3,528 | -2,042 | 981 | 158 |
| 30 Jun 17 | 3,610 | -801 | 1,060 | 156 |
| 31 Mar 17 | 3,642 | -801 | 1,116 | 146 |
| 31 Dec 16 | 3,642 | -844 | 1,110 | 149 |
| 30 Sep 16 | 3,725 | -490 | 1,052 | 152 |
| 30 Jun 16 | 3,681 | -418 | 990 | 152 |
| 31 Mar 16 | 3,637 | -466 | 952 | 151 |
| 31 Dec 15 | 3,634 | -420 | 960 | 143 |
| 30 Sep 15 | 3,505 | -486 | 952 | 141 |
| 30 Jun 15 | 3,359 | -384 | 901 | 137 |
| 31 Mar 15 | 3,151 | -301 | 778 | 131 |
| 31 Dec 14 | 2,876 | -356 | 781 | 122 |
| 30 Sep 14 | 2,568 | -179 | 624 | 103 |
| 30 Jun 14 | 2,154 | -68 | 387 | 84 |
| 31 Mar 14 | 2,117 | -212 | 488 | 87 |
Quality Earnings: VNET has a large one-off gain of CN¥172.1M impacting its last 12 months of financial results to 31st December, 2024.
Growing Profit Margin: VNET became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VNET has become profitable over the past 5 years, growing earnings by -3.2% per year.
Accelerating Growth: VNET has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: VNET has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (-7.8%).
Return on Equity
High ROE: VNET's Return on Equity (3.6%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/12 04:47 |
| End of Day Share Price | 2025/03/12 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
VNET Group, Inc. is covered by 28 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.
| Analyst | Institution |
|---|---|
| James Ratcliffe | Barclays |
| Daley Li | BofA Global Research |
| Gregory Miller | Canaccord Genuity |