Craft

VNET Group

Stock Price

$2.7

2023-12-01

Market Capitalization

$400.7 M

2023-12-01

Revenue

¥7.1 B

FY, 2022

VNET Group Summary

Company Summary

Overview
VNET Group (also known as 21Vianet Group, 北京世纪互联宽带数据中心有限公司) is a data center services provider. It offers hosting, cloud, business VPN, planning and consultation, design, construction, verification, and other solutions.
Type
Public
Status
Active
Founded
1996
HQ
Beijing, CN | view all locations
Website
https://www.vnet.com/en/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Jeff Dong

    Jeff Dong, Chief Executive Officer

    • Alvin Shiqi Wang

      Alvin Shiqi Wang, Chief Executive Officer of Wholesale IDC

    • Tim Chen

      Tim Chen, Chief Financial Officer

    • Johnny Qihang Liu

      Johnny Qihang Liu, President of Cloud Business Unit

      Operating MetricsView all

      Monthly Recurring Revenue per Cabinet

      ¥9.5K
      2.7%

      Q1, 2023

      Cabinets Utilization Rate

      56.5%
      3.7%

      Q1, 2023

      Data Centers

      143
      37.5%

      Q4, 2022

      LocationsView all

      10 locations detected

      • Beijing, Bei Jing Shi HQ

        China

        Guanjie, No.10, Jiuxianqiao East Road, Chaoyang District

      • Chengdu, Si Chuan Sheng

        China

        No.166, Kehua Middle Road, Wuhou District

      • Guangzhou, Guang Dong Sheng

        China

        4/F, Tower A, Guangdian Pingyun Plaza, No.163, Pingyun Road, Tianhe District

      • Hangzhou, Zhe Jiang Sheng

        China

        Block C, Huaxing Times Square, No.478 Wen San Road, West Lake District,

      • Ningbo, Zhe Jiang Sheng

        China

        Block D, No.750, Chuangyuan Road, High-tech Zone

      • Shanghai, Shang Hai Shi

        China

        Building 5, No.100, Hulan West Road, Baoshan District

      and 4 others

      VNET Group Financials

      Summary Financials

      Revenue (Q1, 2023)
      ¥1.8B
      Gross profit (Q1, 2023)
      ¥817.4M
      Net income (Q1, 2023)
      ¥103.7M
      Cash (Q1, 2023)
      ¥2.9B
      EBIT (Q1, 2023)
      ¥110.4M
      Enterprise value
      $9.2B

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