VNET Group Inc
VNET Group Inc operates in various business sectors.
VNET Group Inc (217A) - Net Assets
Latest net assets as of June 2024: €6.54 Billion EUR
Based on the latest financial reports, VNET Group Inc (217A) has net assets worth €6.54 Billion EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€29.12 Billion) and total liabilities (€22.57 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €6.54 Billion |
| % of Total Assets | 22.48% |
| Annual Growth Rate | 3.97% |
| 5-Year Change | 24.52% |
| 10-Year Change | N/A |
| Growth Volatility | 14.92 |
VNET Group Inc - Net Assets Trend (2018–2023)
This chart illustrates how VNET Group Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for VNET Group Inc (2018–2023)
The table below shows the annual net assets of VNET Group Inc from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €6.51 Billion | -6.70% |
| 2022-12-31 | €6.98 Billion | -8.15% |
| 2021-12-31 | €7.60 Billion | +10.20% |
| 2020-12-31 | €6.90 Billion | +31.84% |
| 2019-12-31 | €5.23 Billion | -2.45% |
| 2018-12-31 | €5.36 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to VNET Group Inc'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 717829100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €17.03 Billion | 283.17% |
| Total Equity | €6.01 Billion | 100.00% |
VNET Group Inc Competitors by Market Cap
The table below lists competitors of VNET Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
United Corporations Limited
TO:UNC
|
$91.41K |
|
Karbon Capital Partners Corp. Class A Ordinary Shares
NASDAQ:KBON
|
$91.42K |
|
ChitogenX Inc.
OTCQB:CHNXF
|
$91.44K |
|
ODFJELL DRILL
MU:OD3
|
$91.47K |
|
Vivanco Gruppe AG
F:VG0K
|
$91.37K |
|
CALTAGIRONE SPA EO 1
F:QCG
|
$91.36K |
|
BBVA Capital Privado FCR
MC:CAPRI
|
$91.32K |
|
M Evo Global Acquisition Corp II Units
NASDAQ:MEVOU
|
$91.31K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VNET Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 6,609,613,000 to 6,014,415,000, a change of -595,198,000 (-9.0%).
- Net loss of 2,643,836,000 reduced equity.
- New share issuances of 2,129,440,000 increased equity.
- Other factors decreased equity by 80,802,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.64 Billion | -43.96% |
| Share Issuances | €2.13 Billion | +35.41% |
| Other Changes | €-80.80 Million | -1.34% |
| Total Change | €- | -9.01% |
Book Value vs Market Value Analysis
This analysis compares VNET Group Inc'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: 2.35x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.21x to 2.35x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €7.55 | €9.15 | x |
| 2019-12-31 | €7.28 | €9.15 | x |
| 2020-12-31 | €8.03 | €9.15 | x |
| 2021-12-31 | €8.15 | €9.15 | x |
| 2022-12-31 | €7.42 | €9.15 | x |
| 2023-12-31 | €3.89 | €9.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VNET Group Inc 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): -43.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -35.67%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 5.05x
- Recent ROE (-43.96%) is below the historical average (-22.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -4.03% | -6.03% | 0.31x | 2.19x | €-714.49 Million |
| 2019 | -37.90% | -44.02% | 0.30x | 2.88x | €-2.37 Billion |
| 2020 | -41.27% | -56.11% | 0.25x | 2.95x | €-3.37 Billion |
| 2021 | 6.91% | 8.08% | 0.27x | 3.19x | €-224.12 Million |
| 2022 | -11.74% | -10.98% | 0.26x | 4.08x | €-1.44 Billion |
| 2023 | -43.96% | -35.67% | 0.24x | 5.05x | €-3.25 Billion |
Industry Comparison
This section compares VNET Group Inc's net assets metrics with peer companies in the same industry.
No peer company data available for comparison.