VNET Group Inc DRC

Company Profile

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.

Stock update

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

2000

Trailing PE

0

PEG

-5.38

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

$0

Capital Expenditure

$404.99 million

Dividend Payout Ratio

0%

VNET Group Inc DRC ended 2024 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 2024 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 2024, 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 2024.

Other key metrics

Current Trading Price

$3.08

52-Week High

$6.83

52-Week Low

$2.53

Analyst Target Price

$5.25

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.