Vianet Group Plc (VNET) - Net Assets
Based on the latest financial reports, Vianet Group Plc (VNET) has net assets worth GBX26.77 Million GBX (≈ $3.26K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX33.69 Million ≈ $4.10K USD) and total liabilities (GBX6.91 Million ≈ $840.99 USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how tangible is Vianet Group Plc's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX26.77 Million |
| % of Total Assets | 79.48% |
| Annual Growth Rate | 10.88% |
| 5-Year Change | 4.04% |
| 10-Year Change | 10.36% |
| Growth Volatility | 70.04 |
Vianet Group Plc - Net Assets Trend (2005–2026)
This chart illustrates how Vianet Group Plc's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Vianet Group Plc to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Vianet Group Plc (2005–2026)
The table below shows the annual net assets of Vianet Group Plc from 2005 to 2026. For live valuation and market cap data, see Vianet Group Plc (VNET) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | GBX26.77 Million ≈ $3.26K |
-1.35% |
| 2025-03-31 | GBX27.14 Million ≈ $3.30K |
-0.18% |
| 2024-03-31 | GBX27.19 Million ≈ $3.31K |
+4.72% |
| 2023-03-31 | GBX25.97 Million ≈ $3.16K |
+0.90% |
| 2022-03-31 | GBX25.73 Million ≈ $3.13K |
-0.25% |
| 2021-03-31 | GBX25.80 Million ≈ $3.14K |
-6.80% |
| 2020-03-31 | GBX27.68 Million ≈ $3.37K |
+8.30% |
| 2019-03-31 | GBX25.56 Million ≈ $3.11K |
+2.18% |
| 2018-03-31 | GBX25.01 Million ≈ $3.04K |
+3.10% |
| 2017-03-31 | GBX24.26 Million ≈ $2.95K |
-0.90% |
| 2016-03-31 | GBX24.48 Million ≈ $2.98K |
-1.16% |
| 2015-03-31 | GBX24.77 Million ≈ $3.01K |
-0.74% |
| 2014-03-31 | GBX24.95 Million ≈ $3.04K |
+6.77% |
| 2013-03-31 | GBX23.37 Million ≈ $2.84K |
+0.65% |
| 2012-03-31 | GBX23.22 Million ≈ $2.82K |
+3.47% |
| 2011-03-31 | GBX22.44 Million ≈ $2.73K |
+6.63% |
| 2010-03-31 | GBX21.04 Million ≈ $2.56K |
+4.90% |
| 2009-03-31 | GBX20.06 Million ≈ $2.44K |
+51.31% |
| 2008-03-31 | GBX13.26 Million ≈ $1.61K |
+13.21% |
| 2007-03-31 | GBX11.71 Million ≈ $1.42K |
+328.50% |
| 2006-03-31 | GBX2.73 Million ≈ $332.53 |
-10.68% |
| 2005-03-31 | GBX3.06 Million ≈ $372.27 |
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Equity Component Analysis
This analysis shows how different components contribute to Vianet Group Plc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 302.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX11.30 Million | 42.20% |
| Common Stock | GBX2.84 Million | 10.61% |
| Other Comprehensive Income | GBX863.00K | 3.22% |
| Other Components | GBX11.77 Million | 43.96% |
| Total Equity | GBX26.77 Million | 100.00% |
Vianet Group Plc Competitors by Market Cap
The table below lists competitors of Vianet Group Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Develop North PLC
LSE:DVNO
|
$229.45K |
|
IXICO PLC
LSE:IXI
|
$229.49K |
|
GEOLOGICA RESOURCE CORP.
F:862
|
$230.54K |
|
Atlas Corp
NASDAQ:ATCOL
|
$231.98K |
|
First Merchants Corporation Depository Shares
NASDAQ:FRMEP
|
$226.20K |
|
Lawfinance Ltd
AU:LAW
|
$225.95K |
|
Ellwee AB
ST:ELLWEE
|
$224.35K |
|
GO METALS CORP.
F:47GA
|
$223.95K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vianet Group Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 27,142,000 to 26,775,000, a change of -367,000 (-1.4%).
- Net income of 410,000 contributed positively to equity growth.
- Dividend payments of 403,000 reduced retained earnings.
- Share repurchases of 449,000 reduced equity.
- Other comprehensive income increased equity by 863,000.
- Other factors decreased equity by 783,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX410.00K | +1.53% |
| Dividends Paid | GBX403.00K | -1.51% |
| Share Repurchases | GBX449.00K | -1.68% |
| Other Comprehensive Income | GBX863.00K | +3.22% |
| Other Changes | GBX-783.00K | -2.92% |
| Total Change | GBX- | -1.35% |
Book Value vs Market Value Analysis
This analysis compares Vianet Group Plc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 70.70x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 27.70x to 70.70x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | GBX2.38 | GBX66.00 | x |
| 2006-03-31 | GBX2.13 | GBX66.00 | x |
| 2007-03-31 | GBX0.57 | GBX66.00 | x |
| 2008-03-31 | GBX0.52 | GBX66.00 | x |
| 2009-03-31 | GBX0.75 | GBX66.00 | x |
| 2010-03-31 | GBX0.71 | GBX66.00 | x |
| 2011-03-31 | GBX0.75 | GBX66.00 | x |
| 2012-03-31 | GBX0.81 | GBX66.00 | x |
| 2013-03-31 | GBX0.86 | GBX66.00 | x |
| 2014-03-31 | GBX0.92 | GBX66.00 | x |
| 2015-03-31 | GBX0.92 | GBX66.00 | x |
| 2016-03-31 | GBX0.90 | GBX66.00 | x |
| 2017-03-31 | GBX0.88 | GBX66.00 | x |
| 2018-03-31 | GBX0.90 | GBX66.00 | x |
| 2019-03-31 | GBX0.91 | GBX66.00 | x |
| 2020-03-31 | GBX0.96 | GBX66.00 | x |
| 2021-03-31 | GBX0.89 | GBX66.00 | x |
| 2022-03-31 | GBX0.88 | GBX66.00 | x |
| 2023-03-31 | GBX0.90 | GBX66.00 | x |
| 2024-03-31 | GBX0.91 | GBX66.00 | x |
| 2025-03-31 | GBX0.91 | GBX66.00 | x |
| 2026-03-31 | GBX0.93 | GBX66.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vianet Group Plc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.69%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.26x
- Recent ROE (1.53%) is below the historical average (10.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 45.04% | 15.04% | 1.91x | 1.56x | GBX1.07 Million |
| 2006 | 36.55% | 9.02% | 0.57x | 7.12x | GBX725.70K |
| 2007 | 12.44% | 8.70% | 0.93x | 1.53x | GBX285.90K |
| 2008 | 21.59% | 16.77% | 0.68x | 1.88x | GBX1.54 Million |
| 2009 | 17.15% | 18.04% | 0.60x | 1.57x | GBX1.43 Million |
| 2010 | 14.56% | 15.45% | 0.65x | 1.46x | GBX960.60K |
| 2011 | 10.83% | 10.01% | 0.73x | 1.48x | GBX187.10K |
| 2012 | 9.73% | 9.83% | 0.76x | 1.30x | GBX-62.80K |
| 2013 | 8.26% | 9.15% | 0.68x | 1.33x | GBX-406.90K |
| 2014 | 12.56% | 17.09% | 0.59x | 1.25x | GBX637.80K |
| 2015 | 5.21% | 6.96% | 0.59x | 1.27x | GBX-1.19 Million |
| 2016 | 4.15% | 7.12% | 0.47x | 1.23x | GBX-1.43 Million |
| 2017 | 4.66% | 7.92% | 0.48x | 1.22x | GBX-1.30 Million |
| 2018 | 7.23% | 12.42% | 0.42x | 1.39x | GBX-692.40K |
| 2019 | 9.70% | 15.81% | 0.46x | 1.32x | GBX-75.90K |
| 2020 | 8.78% | 14.93% | 0.47x | 1.24x | GBX-337.10K |
| 2021 | -7.58% | -23.36% | 0.25x | 1.31x | GBX-4.53 Million |
| 2022 | 0.73% | 1.42% | 0.40x | 1.29x | GBX-2.39 Million |
| 2023 | 0.26% | 0.47% | 0.43x | 1.26x | GBX-2.53 Million |
| 2024 | 2.95% | 5.28% | 0.43x | 1.29x | GBX-1.92 Million |
| 2025 | 3.16% | 5.70% | 0.44x | 1.25x | GBX-1.86 Million |
| 2026 | 1.53% | 2.69% | 0.45x | 1.26x | GBX-2.27 Million |
Industry Comparison
This section compares Vianet Group Plc's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $242,063,712
- Average return on equity (ROE) among peers: 24.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vianet Group Plc (VNET) | GBX26.77 Million | 45.04% | 0.26x | $228.26K |
| Capita PLC (CPI) | $915.50 Million | 25.77% | 4.37x | $371.92 Million |
| CPPGroup Plc (CPP) | $16.27 Million | -2.34% | 2.27x | $67.31K |
| Christie Group plc (CTG) | $675.00K | 227.11% | 6.30x | $444.35K |
| De La Rue PLC (DLAR) | $-66.60 Million | 0.00% | 0.00x | $3.18 Million |
| DSW Capital PLC (DSW) | $7.59 Million | 1.11% | 0.13x | $122.31K |
| Franchise Brands PLC (FRAN) | $3.90 Million | 13.43% | 0.50x | $3.38 Million |
| GenIP PLC (GNIP) | $1.27 Million | -69.71% | 0.28x | $9.91K |
| Inspired Plc (INSE) | $24.62 Million | 10.29% | 1.29x | $134.49K |
| Intertek Group PLC (ITRK) | $1.44 Billion | 23.90% | 1.49x | $108.41 Million |
| Johnson Service Group Plc (JSG) | $72.51 Million | 16.21% | 0.73x | $7.22 Million |
About Vianet Group Plc
Vianet Group plc provides smart, cloud-based, and Internet of Things solutions to the hospitality, unattended retail vending, and remote asset management sectors in the United Kingdom, the rest of Europe, the United States, and Canada. It operates in two segments: Smart Zones and Smart Machines. The company offers Beverage Metrics, a beverage and bar management solution and draught beer managemen… Read more