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VNET Group
Stock Price
$3.5
2024-10-29
Market Capitalization
$962.5 M
2024-10-29
Revenue
¥8.3 B
FY, 2024
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
Table of Contents
Key People
Alvin Shiqi Wang, Chief Executive Officer of Wholesale IDC
Tim Chen, Chief Financial Officer
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
VNET Group Financials
Summary Financials
- Revenue (FY, 2024)
- ¥8.3B
- Gross profit (FY, 2024)
- ¥1.9B
- Net income (FY, 2024)
- ¥240.5M
- Cash (FY, 2024)
- ¥1.5B
- EBIT (FY, 2024)
- ¥802.8M
- Enterprise value
- $12.9B