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VNET Group, Inc. (VNET)

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CIK 0001508475 · Nasdaq · Services-Computer Programming, Data Processing, Etc.

  • Sector Services

Key ratios (year ended 2025-12-31)

-3.7%
Return on year-end equity

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Latest selected filing: Form 6-K (current report) · 2026-09-21

Headquarters locality: Beijing · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

Period ended2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenuen/an/an/an/an/an/a3.79B CNY3.40B CNY3.39B CNY3.64B CNY
Cost of Revenuen/an/an/an/an/an/a2.85B CNY2.46B CNY2.63B CNY2.93B CNY
Gross Profit2.19B CNY1.83B CNY1.29B CNY1.36B CNY1.44B CNY1.08B CNY939.45M CNY944.87M CNY758.41M CNY712.14M CNY
R&D Expense261.13M CNY246.61M CNY322.22M CNY306.84M CNY188.49M CNY112.89M CNY88.79M CNY92.11M CNY149.14M CNY149.34M CNY
Operating Income780.30M CNY669.44M CNY-1.97B CNY121.16M CNY21.31M CNY116.60M CNY182.23M CNY237.48M CNY-1.37B CNY-840.20M CNY
Depreciation & Amortization2.13B CNY1.60B CNY1.81B CNY1.60B CNY1.27B CNY988.98M CNY772.21M CNY634.61M CNY667.10M CNYn/a
EBITDA2.91B CNY2.27B CNY-163.56M CNY1.72B CNY1.29B CNY1.11B CNY954.44M CNY872.09M CNY-701.44M CNYn/a
Net Income-251.84M CNY183.20M CNY-2.64B CNY-775.95M CNY500.10M CNY-2.71B CNY-182.29M CNY-205.06M CNY-772.73M CNY-633.60M CNY
EPS (Diluted)-0.16 CNY0.02 CNY-2.93 CNY-0.87 CNY-0.36 CNY-4.47 CNY-0.27 CNY-0.30 CNY-1.36 CNY-1.37 CNY
Total Assets44.59B CNY32.36B CNY30.39B CNY26.95B CNY23.10B CNY19.37B CNY14.27B CNY11.15B CNY9.91B CNY12.42B CNY
Total Liabilities36.03B CNY25.44B CNY23.87B CNY19.97B CNY15.49B CNY12.48B CNY9.04B CNY5.79B CNY4.71B CNY5.57B CNY
Long-Term Debt13.64B CNY9.19B CNY5.84B CNYn/an/an/an/an/an/an/a
Shareholders' Equity6.85B CNY6.92B CNY6.51B CNY6.98B CNY7.60B CNY6.90B CNY5.23B CNY5.36B CNY5.20B CNY6.15B CNY
Cash & Equivalents5.52B CNY1.49B CNY2.24B CNY2.66B CNY1.37B CNY2.71B CNY1.81B CNY2.36B CNY1.95B CNY1.30B CNY
Operating Cash Flow1.92B CNY2.01B CNY2.06B CNY2.44B CNY1.39B CNY714.24M CNY802.92M CNY704.97M CNY487.20M CNY57.57M CNY
Capital Expenditures7.66B CNY4.92B CNY2.97B CNY3.00B CNY2.69B CNY2.47B CNY1.25B CNY435.22M CNY396.00M CNY574.50M CNY
Free Cash Flow-5.74B CNY-2.92B CNY-903.97M CNY-555.39M CNY-1.30B CNY-1.76B CNY-445.91M CNY269.75M CNY91.20M CNY-516.93M CNY
Share Repurchases17.20M CNYn/an/an/a1.70B CNY130.47M CNY11.84M CNYn/a133.07M CNY42.66M CNY
Weighted Average Diluted Shares1.61B1.74B901.14M886.82M911.59M716.89M668.83M674.73M672.84M617.17M
EPS (Basic)-0.16 CNY0.11 CNY-2.93 CNY-0.87 CNY0.57 CNY-4.47 CNY-0.27 CNY-0.30 CNY-1.36 CNY-1.37 CNY

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