VNET Group Inc
VNET Group Inc operates in various business sectors.
VNET Group Inc (217A) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.062x
Based on the latest financial reports, VNET Group Inc (217A) has a cash flow conversion efficiency ratio of 0.062x as of June 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€405.20 Million) by net assets (€6.54 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
VNET Group Inc - Cash Flow Conversion Efficiency Trend (2018–2023)
This chart illustrates how VNET Group Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
VNET Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of VNET Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
United Corporations Limited
TO:UNC
|
-0.001x |
|
Karbon Capital Partners Corp. Class A Ordinary Shares
NASDAQ:KBON
|
N/A |
|
ChitogenX Inc.
OTCQB:CHNXF
|
-0.005x |
|
ODFJELL DRILL
MU:OD3
|
N/A |
|
Vivanco Gruppe AG
F:VG0K
|
0.164x |
|
CALTAGIRONE SPA EO 1
F:QCG
|
N/A |
|
BBVA Capital Privado FCR
MC:CAPRI
|
N/A |
|
M Evo Global Acquisition Corp II Units
NASDAQ:MEVOU
|
N/A |
Annual Cash Flow Conversion Efficiency for VNET Group Inc (2018–2023)
The table below shows the annual cash flow conversion efficiency of VNET Group Inc from 2018 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €6.51 Billion | €2.06 Billion | 0.317x | -9.37% |
| 2022-12-31 | €6.98 Billion | €2.44 Billion | 0.350x | +91.41% |
| 2021-12-31 | €7.60 Billion | €1.39 Billion | 0.183x | +76.34% |
| 2020-12-31 | €6.90 Billion | €714.24 Million | 0.104x | -37.29% |
| 2019-12-31 | €5.23 Billion | €863.82 Million | 0.165x | +25.61% |
| 2018-12-31 | €5.36 Billion | €704.97 Million | 0.131x | -- |