VNET Group, Inc. (VNET) stock
VNETNasdaqServices-Computer Programming, Data Processing, Etc.
$2.98−0.11 (-3.56%)
Close on Nov 13, 2026Market cap $806.06MP/E –Yield –
VNET r&d expenses
Research and development expenses are spending on new products and technology.
VNET's R&D Expenses for the twelve months ending Dec 31, 2024 was CN¥246.61M, down 23.5% year over year. For fiscal 2025 it was CN¥261.13M, up 5.9% from the year before. Over ten years it grew 6.2% a year on average. The highest annual figure on record is CN¥322.22M in fiscal 2023.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | CN¥261.13M | +5.9% |
| FY2024 | Dec 31, 2024 | CN¥246.61M | -23.5% |
| FY2023 | Dec 31, 2023 | CN¥322.22M | +5.0% |
| FY2022 | Dec 31, 2022 | CN¥306.84M | +62.8% |
| FY2021 | Dec 31, 2021 | CN¥188.49M | +67.0% |
| FY2020 | Dec 31, 2020 | CN¥112.89M | +27.1% |
| FY2019 | Dec 31, 2019 | CN¥88.79M | -3.6% |
| FY2018 | Dec 31, 2018 | CN¥92.11M | -38.2% |
| FY2017 | Dec 31, 2017 | CN¥149.14M | -0.1% |
| FY2016 | Dec 31, 2016 | CN¥149.34M | +4.6% |
| FY2015 | Dec 31, 2015 | CN¥142.84M | +17.4% |
| FY2014 | Dec 31, 2014 | CN¥121.68M | +56.3% |
| FY2013 | Dec 31, 2013 | CN¥77.83M | +21.7% |
| FY2012 | Dec 31, 2012 | CN¥63.93M | +84.5% |
| FY2011 | Dec 31, 2011 | CN¥34.66M | +73.9% |
| FY2010 | Dec 31, 2010 | CN¥19.92M | +161.9% |
| FY2009 | Dec 31, 2009 | CN¥7.61M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q4 FY2024 | Dec 31, 2024 | CN¥56.10M | – |
| Q4 FY2023 | Dec 31, 2023 | CN¥80.67M | – |
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