VNET Group Past Earnings Performance
Past criteria checks 0/6
VNET Group's earnings have been declining at an average annual rate of -5.2%, while the IT industry saw earnings growing at 14.2% annually. Revenues have been growing at an average rate of 17.5% per year.
Key information
-5.2%
Earnings growth rate
0.6%
EPS growth rate
| IT Industry Growth | 22.4% |
| Revenue growth rate | 17.5% |
| Return on equity | -39.9% |
| Net Margin | -35.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
VNET: 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 15VNET Finally Gets Some Respect From Unsolicited Suitor
Apr 12VNET Group: A Speculative Investment Makes Sense
Feb 10These 4 Measures Indicate That VNET Group (NASDAQ:VNET) Is Using Debt Extensively
Dec 13
Is VNET Group, Inc. (NASDAQ:VNET) Trading At A 38% Discount?
Nov 22VNET Group (NASDAQ:VNET) Is Experiencing Growth In Returns On Capital
Nov 0121Vianet Looks For New Chapter With Name Change
Oct 11Revenue & Expenses BreakdownBeta
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 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 |
| 31 Dec 13 | 1,967 | -48 | 341 | 78 |
| 30 Sep 13 | 1,839 | -1 | 319 | 74 |
| 30 Jun 13 | 1,721 | 24 | 305 | 71 |
Quality Earnings: VNET is currently unprofitable.
Growing Profit Margin: VNET is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VNET is unprofitable, and losses have increased over the past 5 years at a rate of 5.2% per year.
Accelerating Growth: Unable to compare VNET's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VNET is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (0.4%).
Return on Equity
High ROE: VNET has a negative Return on Equity (-39.87%), as it is currently unprofitable.