VNET Group Inc DRC
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- Market Cap.:
- $475.05 million
- Book Value:
- Revenue TTM:
- $7.32 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $1.36 billion
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
VNET Group Inc DRC had its IPO on 2011-04-21 under the ticker symbol VNET.
The company operates in the Technology sector and Information Technology Services industry. VNET Group Inc DRC has a staff strength of 3,293 employees.
Shares of VNET Group Inc DRC opened at $3.19 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $3.07 - $3.21, and closed at $3.08.
This is a -3.75% slip from the previous day's closing price.
A total volume of 412,314 shares were traded at the close of the day’s session.
In the last one week, shares of VNET Group Inc DRC have slipped by -14.92%.
VNET Group Inc DRC's Key Ratios
VNET Group Inc DRC has a market cap of $475.05 million, indicating a price to book ratio of 0.8096 and a price to sales ratio of 0.1118.
In the last 12-months VNET Group Inc DRC’s revenue was $7.32 billion with a gross profit of $1.36 billion and an EBITDA of $1.92 billion. The EBITDA ratio measures VNET Group Inc DRC's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, VNET Group Inc DRC’s operating margin was 2.7% while its return on assets stood at 0.46% with a return of equity of -8.6%.
In Q2, VNET Group Inc DRC’s quarterly earnings growth was a positive 133.3% while revenue growth was a positive 5.6%.
VNET Group Inc DRC’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $-0.6 per share while it has a forward price to earnings multiple of 2000 and a PEG multiple of -5.38. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into VNET Group Inc DRC’s profitability.
VNET Group Inc DRC stock is trading at a EV to sales ratio of 0.3526 and a EV to EBITDA ratio of 2.0467. Its price to sales ratio in the trailing 12-months stood at 0.1118.
VNET Group Inc DRC stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $28.82 billion
- Total Liabilities
- $11.20 billion
- Operating Cash Flow
- Capital Expenditure
- $404.99 million
- Dividend Payout Ratio
VNET Group Inc DRC ended 2023 with $28.82 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $28.82 billion while shareholder equity stood at $6.43 billion.
VNET Group Inc DRC ended 2023 with $0 in deferred long-term liabilities, $11.20 billion in other current liabilities, 60000.00 in common stock, $-8520454000.00 in retained earnings and $1.36 billion in goodwill. Its cash balance stood at $2.36 billion and cash and short-term investments were $2.51 billion. The company’s total short-term debt was $5,846,100,000 while long-term debt stood at $5.47 billion.
VNET Group Inc DRC’s total current assets stands at $7.56 billion while long-term investments were $755.63 million and short-term investments were $144.52 million. Its net receivables were $2.25 billion compared to accounts payable of $743.69 million and inventory worth $253.09 million.
In 2023, VNET Group Inc DRC's operating cash flow was $0 while its capital expenditure stood at $404.99 million.
Comparatively, VNET Group Inc DRC paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
VNET Group Inc DRC stock is currently trading at $3.08 per share. It touched a 52-week high of $6.83 and a 52-week low of $6.83. Analysts tracking the stock have a 12-month average target price of $5.25.
Its 50-day moving average was $2.99 and 200-day moving average was $3.88 The short ratio stood at 5.55 indicating a short percent outstanding of 0%.
Around 1329.4% of the company’s stock are held by insiders while 6678.7% are held by institutions.
Frequently Asked Questions About VNET Group Inc DRC
Similar Industry Stocks (Information Technology Services)
VNET Group, Inc., an investment holding company, provides hosting and related services in China. It offers managed hosting services consisting of managed retail services, such as colocation services that dedicate data center space to house customers’ servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; interconnectivity services that allow customers to connect their servers; value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and backup server services; cloud services that allow customers to run applications over the internet using IT infrastructure; and VPN Services that extend customers’ private networks by setting up connections through the public internet. The company also provides server administration services, such as operating system support and assistance with updates, server monitoring, server backup and restoration, server security evaluation, firewall services, and disaster recovery services. It serves information technology and cloud services, communications and social networking, gaming and entertainment, e-commerce, automobile, financial services, and blue-chip and small-to-mid-sized enterprises; government agencies; individuals; and telecommunication carriers. The company was formerly known as 21Vianet Group, Inc. and changed its name to VNET Group, Inc. in October 2021. VNET Group, Inc. was founded in 1999 and is headquartered in Beijing, the People’s Republic of China.