VNET Group Inc
VNET Group Inc operates in various business sectors.
VNET Group Inc (217A) - Total Assets
Latest total assets as of June 2024: €29.12 Billion EUR
Based on the latest financial reports, VNET Group Inc (217A) holds total assets worth €29.12 Billion EUR as of June 2024.
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.
VNET Group Inc - Total Assets Trend (2018–2023)
This chart illustrates how VNET Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
VNET Group Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
VNET Group Inc's total assets of €29.12 Billion consist of 32.3% current assets and 67.7% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 7.4% |
| Accounts Receivable | €1.90 Billion | 6.3% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €1.99 Billion | 6.5% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2018–2023)
This chart illustrates how VNET Group Inc'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: VNET Group Inc's current assets represent 32.3% of total assets in 2023, a decrease from 42.0% in 2018.
- Cash Position: Cash and equivalents constituted 7.4% of total assets in 2023, down from 21.2% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, a decrease from 12.0% in 2018.
- Asset Diversification: The largest asset category is intangible assets at 6.5% of total assets.
VNET Group Inc Competitors by Total Assets
Key competitors of VNET Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
VNET Group Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - VNET Group Inc generates 0.24x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - VNET Group Inc is currently not profitable relative to its asset base.
VNET Group Inc - 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 | 0.87 | 0.67 | 1.10 |
| Quick Ratio | 0.87 | 0.67 | 1.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-1.10 Billion | € -3.64 Billion | € 652.75 Million |
VNET Group Inc - Advanced Valuation Insights
This section examines the relationship between VNET Group Inc'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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 12.8% |
| Total Assets | €30.39 Billion |
| Market Capitalization | $91.41K USD |
Valuation Analysis
Below Book Valuation: The market values VNET Group Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: VNET Group Inc's assets grew by 12.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for VNET Group Inc (2018–2023)
The table below shows the annual total assets of VNET Group Inc from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €30.39 Billion | +12.76% |
| 2022-12-31 | €26.95 Billion | +16.68% |
| 2021-12-31 | €23.10 Billion | +19.21% |
| 2020-12-31 | €19.37 Billion | +35.73% |
| 2019-12-31 | €14.27 Billion | +28.01% |
| 2018-12-31 | €11.15 Billion | -- |