VNET Group Inc DRC (VNET) - Total Assets
Based on the latest financial reports, VNET Group Inc DRC (VNET) holds total assets worth $49.12 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check total reinvestment intensity of VNET Group Inc DRC to assess the company's total reinvestment commitment from operating cash flow.
VNET Group Inc DRC - Total Assets Trend (2009–2025)
This chart illustrates how VNET Group Inc DRC's total assets have evolved over time, based on quarterly financial data. Explore how much of VNET Group Inc DRC's assets are long-term investments to see how much of total assets are deployed in long-term investments.
VNET Group Inc DRC - Asset Composition Analysis
Current Asset Composition (December 2025)
VNET Group Inc DRC's total assets of $49.12 Billion consist of 25.7% current assets and 74.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.9% |
| Accounts Receivable | $3.83 Billion | 8.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.87 Billion | 6.4% |
| Goodwill | $2.01 Billion | 4.5% |
Asset Composition Trend (2009–2025)
This chart illustrates how VNET Group Inc DRC's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see VNET market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: VNET Group Inc DRC's current assets represent 25.7% of total assets in 2025, a decrease from 61.6% in 2009.
- Cash Position: Cash and equivalents constituted 13.9% of total assets in 2025, down from 24.0% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, an increase from 7.0% in 2009.
- Asset Diversification: The largest asset category is accounts receivable at 8.6% of total assets.
VNET Group Inc DRC Competitors by Total Assets
Key competitors of VNET Group Inc DRC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hand Enterprise Solutions Co
SHE:300170
|
China | CN¥6.48 Billion |
|
ArcSoft Corp Ltd
SHG:688088
|
China | CN¥3.03 Billion |
|
Beijing Jetsen Tech Co
SHE:300182
|
China | CN¥11.39 Billion |
|
Wavestone S.A.
PA:WAVE
|
France | €934.48 Million |
|
Strait Innovation Internet Co Ltd
SHE:300300
|
China | CN¥1.10 Billion |
|
Guangdong Weide Information Technology Co. Ltd. A
SHG:688171
|
China | CN¥968.34 Million |
|
Malam Team
TA:MLTM
|
Israel | ILA2.68 Billion |
|
DB INC
KO:012030
|
Korea | ₩932.35 Billion |
VNET Group Inc DRC - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.99 | 1.10 | 1.37 |
| Quick Ratio | 0.99 | 1.09 | 1.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-165.58 Million | $1.03 Billion | $2.15 Billion |
VNET Group Inc DRC - Advanced Valuation Insights
This section examines the relationship between VNET Group Inc DRC's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.03 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | 37.9% |
| Total Assets | $44.62 Billion |
| Market Capitalization | $2.45 Billion USD |
Valuation Analysis
Below Book Valuation: The market values VNET Group Inc DRC's assets below their book value (0.05x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: VNET Group Inc DRC's assets grew by 37.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for VNET Group Inc DRC (2009–2025)
The table below shows the annual total assets of VNET Group Inc DRC from 2009 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $44.62 Billion | +37.92% |
| 2024-12-31 | $32.36 Billion | +6.60% |
| 2023-12-31 | $30.35 Billion | +14.27% |
| 2022-12-31 | $26.56 Billion | +15.15% |
| 2021-12-31 | $23.07 Billion | +19.33% |
| 2020-12-31 | $19.33 Billion | +36.90% |
| 2019-12-31 | $14.12 Billion | +26.46% |
| 2018-12-31 | $11.17 Billion | +11.39% |
| 2017-12-31 | $10.02 Billion | -19.30% |
| 2016-12-31 | $12.42 Billion | +14.43% |
| 2015-12-31 | $10.85 Billion | +14.25% |
| 2014-12-31 | $9.50 Billion | +51.77% |
| 2013-12-31 | $6.26 Billion | +109.75% |
| 2012-12-31 | $2.98 Billion | +22.93% |
| 2011-12-31 | $2.43 Billion | -10.25% |
| 2010-12-31 | $2.71 Billion | +679.16% |
| 2009-12-31 | $347.18 Million | -- |
About VNET Group Inc DRC
VNET Group, Inc., an investment holding company, provides data center hosting and related services in China. The company offers managed hosting services comprising 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; interconnectiv… Read more