VNET Group Inc DRC (VNET) - Net Assets
Based on the latest financial reports, VNET Group Inc DRC (VNET) has net assets worth $8.83 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($44.62 Billion) and total liabilities ($35.79 Billion). 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 VNET Group Inc DRC (VNET) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $8.83 Billion |
| % of Total Assets | 19.79% |
| Annual Growth Rate | 46.23% |
| 5-Year Change | 16.28% |
| 10-Year Change | 28.41% |
| Growth Volatility | 2687.73 |
VNET Group Inc DRC - Net Assets Trend (2009–2025)
This chart illustrates how VNET Group Inc DRC's net assets have evolved over time, based on quarterly financial data. Also explore VNET Group Inc DRC total assets for the complete picture of this company's asset base.
Annual Net Assets for VNET Group Inc DRC (2009–2025)
The table below shows the annual net assets of VNET Group Inc DRC from 2009 to 2025. For live valuation and market cap data, see VNET Group Inc DRC (VNET) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $8.83 Billion | +22.74% |
| 2024-12-31 | $7.19 Billion | +8.15% |
| 2023-12-31 | $6.65 Billion | -3.38% |
| 2022-12-31 | $6.88 Billion | -9.35% |
| 2021-12-31 | $7.59 Billion | +10.28% |
| 2020-12-31 | $6.89 Billion | +32.90% |
| 2019-12-31 | $5.18 Billion | -3.73% |
| 2018-12-31 | $5.38 Billion | +1.94% |
| 2017-12-31 | $5.28 Billion | -23.22% |
| 2016-12-31 | $6.88 Billion | +41.74% |
| 2015-12-31 | $4.85 Billion | +62.58% |
| 2014-12-31 | $2.98 Billion | +17.24% |
| 2013-12-31 | $2.55 Billion | +33.07% |
| 2012-12-31 | $1.91 Billion | +13.00% |
| 2011-12-31 | $1.69 Billion | -25.26% |
| 2010-12-31 | $2.27 Billion | +11115.03% |
| 2009-12-31 | $20.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to VNET Group Inc DRC'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 decreased by 1006451174600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $112.07K | 0.00% |
| Other Comprehensive Income | $162.79 Million | 2.62% |
| Other Components | $17.19 Billion | 276.29% |
| Total Equity | $6.22 Billion | 100.00% |
VNET Group Inc DRC Competitors by Market Cap
The table below lists competitors of VNET Group Inc DRC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ternium Argentina SA
BA:TXAR
|
$2.20 Billion |
|
ODFJELL DRILL.LTD. DL-01
F:OD3
|
$2.20 Billion |
|
Hilltop Holdings Inc
NYSE:HTH
|
$2.20 Billion |
|
Autohome Inc
NYSE:ATHM
|
$2.20 Billion |
|
SolarEdge Technologies Inc
NASDAQ:SEDG
|
$2.20 Billion |
|
Shanghai Flyco Electrical Appliance Co Ltd
SHG:603868
|
$2.20 Billion |
|
LDR Turizm AS
IS:LIDER
|
$2.20 Billion |
|
China National Gold Group Gold Jewellery Co Ltd
SHG:600916
|
$2.20 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VNET Group Inc DRC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,365,507,538 to 6,222,404,000, a change of -143,103,538 (-2.2%).
- Net loss of 249,775,315 reduced equity.
- Other comprehensive income increased equity by 73,924,483.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-249.78 Million | -4.01% |
| Other Comprehensive Income | $73.92 Million | +1.19% |
| Other Changes | $32.75 Million | +0.53% |
| Total Change | $- | -2.25% |
Book Value vs Market Value Analysis
This analysis compares VNET Group Inc DRC'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: 0.36x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 30.98x to 0.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $0.27 | $8.34 | x |
| 2010-12-31 | $133.19 | $8.34 | x |
| 2011-12-31 | $31.62 | $8.34 | x |
| 2012-12-31 | $31.56 | $8.34 | x |
| 2013-12-31 | $41.34 | $8.34 | x |
| 2014-12-31 | $32.46 | $8.34 | x |
| 2015-12-31 | $48.91 | $8.34 | x |
| 2016-12-31 | $59.55 | $8.34 | x |
| 2017-12-31 | $45.56 | $8.34 | x |
| 2018-12-31 | $45.36 | $8.34 | x |
| 2019-12-31 | $43.96 | $8.34 | x |
| 2020-12-31 | $54.82 | $8.34 | x |
| 2021-12-31 | $47.61 | $8.34 | x |
| 2022-12-31 | $44.08 | $8.34 | x |
| 2023-12-31 | $40.00 | $8.34 | x |
| 2024-12-31 | $21.92 | $8.34 | x |
| 2025-12-31 | $23.16 | $8.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VNET Group Inc DRC 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): -4.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.58%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 7.17x
- Recent ROE (-4.01%) is above the historical average (-20.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -184.42% | -1.89% | 0.90x | 108.17x | $-6.24 Million |
| 2010 | -11.94% | -48.63% | 0.19x | 1.26x | $-469.28 Million |
| 2011 | 1.10% | 1.81% | 0.42x | 1.45x | $-148.52 Million |
| 2012 | 3.00% | 3.70% | 0.51x | 1.59x | $-131.22 Million |
| 2013 | -1.92% | -2.45% | 0.31x | 2.49x | $-299.27 Million |
| 2014 | -16.05% | -12.11% | 0.30x | 4.38x | $-565.58 Million |
| 2015 | -10.67% | -11.78% | 0.33x | 2.71x | $-829.24 Million |
| 2016 | -10.34% | -17.40% | 0.29x | 2.03x | $-1.25 Billion |
| 2017 | -15.13% | -22.78% | 0.34x | 1.96x | $-1.28 Billion |
| 2018 | -4.02% | -6.03% | 0.30x | 2.19x | $-715.18 Million |
| 2019 | -3.72% | -4.81% | 0.27x | 2.88x | $-672.30 Million |
| 2020 | -41.36% | -56.11% | 0.25x | 2.95x | $-3.36 Billion |
| 2021 | 6.91% | 8.08% | 0.27x | 3.19x | $-223.27 Million |
| 2022 | -12.12% | -10.98% | 0.27x | 4.08x | $-1.44 Billion |
| 2023 | -44.01% | -35.67% | 0.24x | 5.05x | $-3.24 Billion |
| 2024 | 2.88% | 2.22% | 0.26x | 5.08x | $-453.35 Million |
| 2025 | -4.01% | -2.58% | 0.22x | 7.17x | $-872.02 Million |
Industry Comparison
This section compares VNET Group Inc DRC's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $994,464,162
- Average return on equity (ROE) among peers: 2.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VNET Group Inc DRC (VNET) | $8.83 Billion | -184.42% | 4.05x | $2.20 Billion |
| Accenture plc (ACN) | $2.68 Billion | 35.12% | 2.34x | $110.67 Billion |
| Alithya Group Inc (ALYAF) | $26.79 Million | -22.19% | 1.46x | $89.55 Million |
| Applied Digital Corporation (APLD) | $3.63 Million | -76.89% | 0.16x | $7.31 Billion |
| ARB IOT Group Limited Ordinary Shares (ARBB) | $318.84 Million | 8.10% | 0.24x | $8.21 Million |
| ASGN Inc (ASGN) | $1.38 Billion | 12.69% | 1.14x | $904.39 Million |
| Aurora Innovation Inc (AUR) | $1.99 Billion | -40.10% | 0.13x | $8.73 Billion |
| BigBearai Holdings Inc (BBAI) | $11.68 Million | 53.50% | 0.37x | $1.87 Billion |
| Broadridge Financial Solutions Inc (BR) | $745.80 Million | 25.77% | 2.80x | $18.21 Billion |
| BIT Mining Limited (BTCM) | $133.56 Million | 13.10% | 0.18x | $18.91 Million |
| CACI International Inc (CACI) | $2.67 Billion | 17.16% | 1.32x | $11.34 Billion |
About VNET Group Inc DRC
VNET Group, Inc., an investment holding company, provides hosting and related services in China. The company offers managed hosting services consisting of managed retail services, such as colocation services that dedicate data center space to house customers' servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; interconnectivity servi… Read more