VNETNasdaqServices-Computer Programming, Data Processing, Etc.
VNET Group, Inc.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 16, 2026
$3.88−0.04 (-1.02%)
Close on Oct 19, 2026
VNET statistics
Financials through Dec 31, 2025, price-based ratios appear once a share price is available, median of Services-Computer Programming, Data Processing, Etc. companies for comparison
Valuation
| Measure | VNET | Industry median |
|---|---|---|
| Market Cap | CN¥7.02B | CN¥961.81M |
| Enterprise Value | CN¥4.99B | CN¥359.35M |
| PB Ratio | 1.13 | 0.69 |
| P/TBV Ratio | 1.67 | 0.82 |
| P/OCF Ratio | 3.66 | 4.79 |
Enterprise value
| Measure | VNET | Industry median |
|---|---|---|
| EV / EBITDA | 1.72 | 8.41 |
| EV / EBIT | 6.39 | 5.57 |
Income (trailing twelve months)
| Measure | VNET | Industry median |
|---|---|---|
| Gross Profit | CN¥2.19B | CN¥727.69M |
| Operating Income | CN¥780.30M | -CN¥40.61M |
| Pretax Income | CN¥424.09M | CN¥6.00M |
| Net Income | -CN¥251.84M | CN¥1.13M |
| EBITDA | CN¥2.91B | CN¥706.00K |
| EPS (Diluted) | -0.16 CNY | 0.00 CNY |
Returns
| Measure | VNET | Industry median |
|---|---|---|
| Return on Equity (ROE) | -4.00% | 0.51% |
| Return on Assets (ROA) | -0.65% | 0.16% |
| Return on Invested Capital (ROIC) | 7.48% | -2.68% |
| Return on Capital Employed (ROCE) | 2.43% | -1.59% |
Growth
| Measure | VNET | Industry median |
|---|---|---|
| Net Income Growth (YoY) | -237.5% | -46.2% |
| EPS Growth (YoY) | -900.0% | -19.8% |
Balance sheet
| Measure | VNET | Industry median |
|---|---|---|
| Cash & Short-Term Investments | CN¥5.90B | CN¥1.52B |
| Total Debt | CN¥3.23B | CN¥130.47M |
| Net Cash (Debt) | CN¥2.67B | CN¥683.87M |
| Net Cash Per Share | 1.65 CNY | 1.84 CNY |
| Equity (Book Value) | CN¥6.22B | CN¥1.61B |
| Book Value Per Share | 3.83 CNY | 11.00 CNY |
| Tangible Book Value | CN¥4.21B | CN¥1.41B |
| Working Capital | -CN¥995.35M | CN¥700.54M |
Financial position
| Measure | VNET | Industry median |
|---|---|---|
| Current Ratio | 0.92 | 1.76 |
| Quick Ratio | 0.47 | 1.06 |
| Debt / Equity | 0.52 | 0.24 |
| Debt / EBITDA | 1.11 | 3.73 |
| Net Debt / EBITDA | -0.92 | -2.61 |
| Interest Coverage | 1.30 | -1.55 |
Cash flow (trailing twelve months)
| Measure | VNET | Industry median |
|---|---|---|
| Operating Cash Flow | CN¥1.92B | CN¥35.46M |
| Capital Expenditures | -CN¥7.66B | -CN¥35.72M |
| Free Cash Flow | -CN¥5.74B | -CN¥40.59M |
| FCF Per Share | -3.54 CNY | -0.02 CNY |
Efficiency
| Measure | VNET | Industry median |
|---|---|---|
| Profits Per Employee | -CN¥90.46K | CN¥6.72K |
| Employee Count | 2,784 | 829 |
Dividends and yields
| Measure | VNET | Industry median |
|---|---|---|
| Earnings Yield | -3.59% | 0.83% |
| FCF Yield | -81.7% | -4.94% |
| Buyback Yield | 0.24% | 0.53% |
| Shareholder Yield | 0.24% | 0.53% |
Shares
| Measure | VNET | Industry median |
|---|---|---|
| Shares Outstanding | 1,622,930,000 | 813,600,000 |
| Shares Change (YoY) | -7.47% | 0.53% |
| Shares Held by Institutions | 9.77% | 2.73% |
Taxes
| Measure | VNET | Industry median |
|---|---|---|
| Income Tax | CN¥557.51M | CN¥6.73M |
| Effective Tax Rate | 131.5% | 17.2% |
Scores
| Measure | VNET | Industry median |
|---|---|---|
| Altman Z-Score | -0.20 | 0.46 |
| Piotroski F-Score | 5 | 5 |
Calculated by StockData from VNET's SEC filings. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.