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VNET Group financials data including stock price, CreditSafe score, income statement, balance sheet, cash flow, and acquistions and subsidiaries.
Stock Price
$3.5
2024-10-29
Market Capitalization
$962.5 M
2024-10-29
Revenue
¥9.9 B
FY, 2025
CreditSafe Score
?
Score changed on Jun 29, 2026
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Learn moreFinancial Statements
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.4B | 3.8B | 4.8B | 6.2B | 7.1B | 7.4B | 8.3B | 9.9B |
| Cost of goods sold | 1.9B | 2.1B | 2.8B | 3.5B | 4.2B | 4.4B | 4.9B | 5.7B |
| Gross profit | 1.6B | 1.7B | 2.0B | 2.6B | 2.9B | 3.1B | 3.5B | 4.2B |
| Gross profit margin, % | 43.8% | 41.6% | 42.7% | 41.4% | 41.8% | 42.0% | 42.5% | |
| Operating expense total | 681.2M | 659.5M | 825.4M | 1.2B | 1.2B | 1.0B | 1.1B | 1.2B |
| Depreciation and amortization | 634.6M | 767.6M | 1.1B | 1.4B | 1.6B | 3.7B | 1.6B | 2.1B |
| EBITDA | 872.1M | 1.0B | 1.2B | 1.4B | 1.7B | 2.1B | 2.4B | 3.0B |
| EBITDA margin, % | 26.4% | 24.5% | 22.8% | 24.7% | 27.8% | 28.5% | 30.0% | |
| EBIT | 296.3M | 246.2M | 105.8M | 56.7M | 147.3M | (1.6B) | 802.6M | 1.4B |
| EBIT margin, % | 6.5% | 2.2% | 0.9% | 2.1% | -21.5% | 9.7% | 14.0% | |
| Interest income | 45.2M | 54.6M | 31.7M | 31.9M | 31.6M | 41.8M | 28.0M | 37.4M |
| Interest expense | 236.1M | 346.0M | 380.6M | 335.0M | 273.3M | 312.2M | 401.0M | 598.6M |
| Pre tax profit | 24.3M | (125.3M) | (2.6B) | 665.2M | (630.5M) | (2.5B) | 474.7M | 417.2M |
| Income tax expense | 24.4M | 5.4M | 109.3M | 111.4M | 133.5M | 114.4M | 234.2M | 557.5M |
| Net Income | (94.0K) | (130.7M) | (2.7B) | 553.8M | (763.9M) | (2.6B) | 240.5M | (140.3M) |
Acquisitions & Subsidiaries
| Company name | Date | Deal size |
|---|---|---|
| Lorem | Dec 23, 2021 | $40.0M |
| Ipsum | Jan 18, 2022 | $30.0M |
| Lorem Ipsum | Feb 18, 2022 | $25.0M |
| Dolor | Oct 21, 2021 | $60.0M |
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