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VNET Group, Inc. (VNET) Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions of CNY, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
Revenues-3.5-13.01,696.73,401.03,392.73,641.83,634.42,876.4
            Revenue growth-73.2%-100.8%-50.1%0.2%-6.8%0.2%26.3%46.3%
Cost of goods sold-1,441.5-1,089.053.72,456.22,634.32,929.62,780.62,066.3
Gross profit1,438.01,076.01,643.0944.9758.4712.1853.8810.1
            Gross margin-41145.4%-8258.0%96.8%27.8%22.4%19.6%23.5%28.2%
Sales and marketing255.4235.0206.3172.2256.7352.9359.5287.2
Research and development188.5112.988.892.1149.1149.3142.8121.7
General and administrative842.4535.1415.3462.6520.0639.6568.7483.4
EBITA312.7281.8202.7133.8-310.4-134.3-91.112.3
            EBITA margin-8947.2%-2162.6%11.9%3.9%-9.1%-3.7%-2.5%0.4%
Amortization of intangibles94.872.771.068.1143.6184.0184.1127.7
EBIT218.0209.1131.765.6-454.0-318.3-275.2-115.4
            EBIT margin-6236.1%-1604.7%7.8%1.9%-13.4%-8.7%-7.6%-4.0%
Pre-tax income626.5-2,570.9-175.8-162.3-1,007.8-943.1-353.4-311.8
Income taxes111.4109.35.424.4-90.2-11.247.816.7
            Tax rate17.8%   8.9%1.2%  
Net income500.1-2,709.3-182.3-205.1-772.7-633.6-428.1-348.5
            Net margin-14309.0%20793.1%-10.7%-6.0%-22.8%-17.4%-11.8%-12.1%
 
Diluted EPS$0.55($3.78)($0.27)($0.30)($1.15)($1.03)($0.87)($0.87)
Shares outstanding (diluted)911.6716.9668.8674.7672.8617.2492.1401.3
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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