VNET Group, Inc. financial metrics

Latest SEC-reported values and YoY changes across profitability, balance sheet, and share metrics. Latest period: Q4 2024.

Symbol
VNET on Nasdaq
Location
Beijing, China
Latest financial report
20-F - Q4 2024 - 25 Apr 2025

Balance Sheet

Metric Latest value YoY change
Cash and Cash Equivalents, at Carrying Value $204,463,000 -35%
Assets, Current $934,358,000 -32%
Deferred Income Tax Assets, Net $42,007,000 20%
Property, Plant and Equipment, Net $2,358,669,000 29%
Operating Lease, Right-of-Use Asset $632,692,000 12%
Intangible Assets, Net (Excluding Goodwill) $192,318,000 -1.3%
Goodwill ¥0
Other Assets, Noncurrent $52,214,000 -30%
Assets $4,432,897,000 3.6%
Employee-related Liabilities, Current ¥471,262,000 -1.3%
Contract with Customer, Liability, Current $12,033,000 -11%
Liabilities, Current $1,280,044,000 -21%
Deferred Income Tax Liabilities, Net $100,613,000 3.8%
Operating Lease, Liability, Noncurrent $517,761,000 12%
Liabilities $3,484,749,000 3.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax $2,535,000 -25%
Retained Earnings (Accumulated Deficit) $1,487,799,000 4.1%
Stockholders' Equity Attributable to Parent $872,124,000 3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $948,148,000 3.3%
Liabilities and Equity $4,432,897,000 3.6%

Additional Metrics

Metric Latest value YoY change
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $285,106,000 -59%
Deferred Tax Assets, Valuation Allowance ¥952,541,000 -0.34%
Operating Lease, Liability ¥4,679,111,000 16%
Lessee, Operating Lease, Liability, to be Paid ¥6,681,661,000 13%
Operating Lease, Liability, Current $123,275,000 12%
Lessee, Operating Lease, Liability, to be Paid, Year Two ¥835,798,000 13%
Lessee, Operating Lease, Liability, to be Paid, Year One ¥930,138,000 15%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount ¥2,002,550,000 6.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three ¥689,972,000 1.5%
Unrecognized Tax Benefits ¥63,273,000 -1.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four ¥663,968,000 22%
Additional Paid in Capital $2,369,911,000 -2.7%
Deferred Tax Assets, Net of Valuation Allowance ¥1,737,432,000 9.1%