VNET Group, Inc. (VNET)
NASDAQ: VNET · Real-Time Price · USD
8.94
+0.09 (1.02%)
At close: Dec 5, 2025, 4:00 PM EST
8.88
-0.06 (-0.67%)
After-hours: Dec 5, 2025, 7:59 PM EST
VNET Group Balance Sheet
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Cash & Equivalents | 3,503 | 1,492 | 2,244 | 2,661 | 1,372 | 2,710 | Upgrade
|
| Short-Term Investments | 1,246 | 53.95 | 390.76 | 59.65 | 68.89 | 317.65 | Upgrade
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| Cash & Short-Term Investments | 4,749 | 1,546 | 2,634 | 2,721 | 1,441 | 3,028 | Upgrade
|
| Cash Growth | 208.24% | -41.30% | -3.19% | 88.78% | -52.40% | 38.28% | Upgrade
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| Accounts Receivable | 2,575 | 1,656 | 1,716 | 1,765 | 1,425 | 848.38 | Upgrade
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| Other Receivables | - | 1,581 | 1,127 | 770.71 | 1,114 | 890.52 | Upgrade
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| Receivables | 2,575 | 3,355 | 2,907 | 2,914 | 2,556 | 1,821 | Upgrade
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| Prepaid Expenses | 3,102 | 1,270 | 1,345 | 988.47 | 942.99 | 884.16 | Upgrade
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| Restricted Cash | 536.75 | 545.8 | 2,855 | 327.67 | 327.77 | 270.45 | Upgrade
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| Other Current Assets | - | 102.69 | 82.93 | 101.08 | 55.55 | 52.47 | Upgrade
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| Total Current Assets | 10,963 | 6,820 | 9,823 | 7,052 | 5,324 | 6,056 | Upgrade
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| Property, Plant & Equipment | 27,277 | 21,835 | 17,037 | 15,468 | 12,962 | 9,432 | Upgrade
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| Long-Term Investments | 791.35 | 794.69 | 757.95 | 242.19 | 98.24 | 135.52 | Upgrade
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| Goodwill | - | - | - | 1,364 | 1,340 | 994.99 | Upgrade
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| Other Intangible Assets | 2,844 | 2,170 | 1,986 | 2,073 | 1,238 | 913.57 | Upgrade
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| Long-Term Deferred Tax Assets | 382.59 | 306.62 | 247.64 | 196.1 | 168 | 185.48 | Upgrade
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| Other Long-Term Assets | 1,097 | 430.74 | 534.2 | 552.07 | 1,966 | 1,657 | Upgrade
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| Total Assets | 43,355 | 32,357 | 30,386 | 26,948 | 23,095 | 19,374 | Upgrade
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| Accounts Payable | 750.81 | 709.26 | 696.18 | 720.03 | 500.94 | 290.75 | Upgrade
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| Accrued Expenses | 4,635 | 903.4 | 971.41 | 767.77 | 489.01 | 339.06 | Upgrade
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| Short-Term Debt | 1,654 | 944.56 | 386.07 | - | - | 34 | Upgrade
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| Current Portion of Long-Term Debt | 1,965 | 1,420 | 4,932 | 1,022 | 384.16 | 2,124 | Upgrade
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| Current Portion of Leases | 1,296 | 1,108 | 895.97 | 880.55 | 852.03 | 856.12 | Upgrade
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| Current Income Taxes Payable | 45.1 | 69.57 | 35.2 | 42.02 | 43.77 | 29.03 | Upgrade
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| Current Unearned Revenue | 146.57 | 94.56 | 103.54 | 98.72 | 57.77 | 65.32 | Upgrade
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| Other Current Liabilities | 1,679 | 4,094 | 3,417 | 2,801 | 2,852 | 2,384 | Upgrade
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| Total Current Liabilities | 12,172 | 9,343 | 11,437 | 6,332 | 5,180 | 6,122 | Upgrade
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| Long-Term Debt | 16,476 | 9,665 | 6,883 | 8,909 | 6,482 | 3,901 | Upgrade
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| Long-Term Leases | 5,884 | 5,312 | 4,430 | 3,953 | 3,404 | 1,334 | Upgrade
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| Long-Term Unearned Revenue | 220.64 | 273.82 | 145.11 | 2.67 | 2.29 | 4.1 | Upgrade
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| Long-Term Deferred Tax Liabilities | 903.64 | 734.4 | 688.36 | 682.58 | 348.4 | 299.09 | Upgrade
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| Other Long-Term Liabilities | 107.85 | 107.85 | 287.16 | 87.17 | 77.57 | 816.44 | Upgrade
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| Total Liabilities | 35,765 | 25,436 | 23,872 | 19,967 | 15,494 | 12,476 | Upgrade
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| Common Stock | 0.11 | 0.11 | 0.11 | 0.06 | 0.06 | 0.06 | Upgrade
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| Additional Paid-In Capital | 17,240 | 17,299 | 17,291 | 15,240 | 15,198 | 13,083 | Upgrade
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| Retained Earnings | -11,309 | -10,753 | -10,936 | -8,292 | -7,516 | -7,161 | Upgrade
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| Treasury Stock | -179.09 | -161.89 | -326.95 | -349.52 | -349.52 | -349.52 | Upgrade
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| Comprehensive Income & Other | -6.89 | -18.5 | -14.34 | 11.02 | -90.44 | -55.54 | Upgrade
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| Total Common Equity | 5,745 | 6,366 | 6,014 | 6,610 | 7,242 | 5,517 | Upgrade
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| Minority Interest | 1,845 | 554.92 | 499.97 | 372.24 | 358.77 | 332.55 | Upgrade
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| Shareholders' Equity | 7,590 | 6,921 | 6,514 | 6,982 | 7,601 | 6,897 | Upgrade
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| Total Liabilities & Equity | 43,355 | 32,357 | 30,386 | 26,948 | 23,095 | 19,374 | Upgrade
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| Total Debt | 27,276 | 18,450 | 17,528 | 14,764 | 11,122 | 8,249 | Upgrade
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| Net Cash (Debt) | -22,527 | -16,903 | -14,893 | -12,043 | -9,681 | -5,221 | Upgrade
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| Net Cash Per Share | -83.93 | -58.21 | -99.16 | -81.48 | -63.72 | -43.70 | Upgrade
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| Filing Date Shares Outstanding | 268.95 | 269.03 | 263.21 | 148.45 | 148.02 | 143.68 | Upgrade
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| Total Common Shares Outstanding | 268.95 | 268.93 | 257.4 | 148.45 | 148.02 | 136.33 | Upgrade
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| Working Capital | -1,210 | -2,523 | -1,614 | 720.19 | 144.13 | -66.35 | Upgrade
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| Book Value Per Share | 21.36 | 23.67 | 23.37 | 44.52 | 48.93 | 40.47 | Upgrade
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| Tangible Book Value | 2,901 | 4,196 | 4,029 | 3,172 | 4,665 | 3,609 | Upgrade
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| Tangible Book Value Per Share | 10.79 | 15.60 | 15.65 | 21.37 | 31.52 | 26.47 | Upgrade
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| Machinery | - | 9,582 | 7,890 | 6,696 | 5,136 | 3,910 | Upgrade
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| Construction In Progress | - | 4,529 | 3,444 | 2,770 | 3,239 | 2,142 | Upgrade
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| Leasehold Improvements | - | 6,040 | 5,821 | 4,819 | 3,303 | 2,610 | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.