profit from every $100 of sales.
$0$100
VNET Group
$3.49+16.33% today
-64.4% in 1 year
1-year low $2.981-year high $14.03
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What VNET Group sold, what it kept, and what it did with the cash.
Sales went from CN¥7.07 billion in 2022 to CN¥9.95 billion in 2025, with -CN¥257 million of profit last year.
SalesProfit
VNET Group vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| VNET Group | No profit yet | ||
 IBM | 22.1× · Fair price | ||
 Accenture | 17.9× · Fair price | ||
 Tata Consultancy Services | 18.2× · Fair price | ||
 Infosys | 15.1× · Fair price |
AI analysis
An AI analyst reads VNET Group's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 7,065 | 7,413 | 8,259 | 9,949 | |
| 1,358 | 1,292 | 1,832 | 2,192 | |
| 121 | -100 | 669 | 780 | |
| 1,239 | -367 | 2,474 | 3,142 | |
| -776 | -2,644 | 183 | -257 | |
| -5.22 | -17.58 | 0.12 | -0.96 | |
| 19.2% | 17.4% | 22.2% | 22.0% | |
| 1.7% | -1.3% | 8.1% | 7.8% | |
| -11.0% | -35.7% | 2.2% | -2.6% |
Balance sheet
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 26,948 | 30,386 | 32,357 | 44,594 |
| Cash | 2,661 | 2,244 | 1,492 | 5,524 |
| Total debt | 14,764 | 17,172 | 17,505 | 28,168 |
| Total liabilities | 19,967 | 23,872 | 25,436 | 36,030 |
| 6,610 | 6,014 | 6,366 | 6,218 | |
| 148 | 150 | 290 | 271 | |
| -1.3% | -7.4% | 2.9% | 2.3% | |
| -11.7% | -44.0% | 2.9% | -4.1% |
Cash flow
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2,440 | 2,063 | 2,005 | 1,919 | |
| 3,101 | 3,061 | 5,128 | 7,867 | |
| -660 | -997 | -3,123 | -5,949 | |
| Dividends paid | – | – | – | – |
| 0 | 0 | 0 | 17 | |
| 118 | 35 | 149 | 26 |
Valuation
- –
- 14.5×
- –
- 3.0×
- 0.7×
- –
- 9.3×
- -89.6%
- -3.9%
- 0.0%
Profitability
- 22.0%
- 7.8%
- -2.6%
- 28.9%
- -0.7%
- -2.5%
- -4.3%
- -0.6%
- 2.3%
- 2.6%
Growth
- +12.1%
- –
- −90.5%
- –
- +16.8%
Financial health
- 7.2×
- 4.33
- 60.4%
- 1.3×
- 0.92
- 0.92
- 0.22
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 20%of 974
Bottom 48%of 975
Top 43%of 982
Bottom 1%of 985
What analysts expect
- Average price target
- $23.55
- Range
- $23.55 – $23.55
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Mar 16, 2026 | -0.00 | 0.04 | −103.6% |
| Nov 20, 2025 | 0.02 | 0.02 | +0.0% |
| Aug 21, 2025 | -0.01 | 0.02 | −150.0% |
| May 28, 2025 | -0.12 | -0.01 | −1,100.0% |
| Mar 12, 2025 | -0.01 | 0.03 | −133.3% |
| Nov 20, 2024 | 0.06 | 0.03 | +100.0% |
| Aug 27, 2024 | 0.06 | 0.02 | +157.2% |
| May 29, 2024 | -0.12 | -0.02 | −414.4% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
10No pass
Benjamin Graham
4No pass
Philip Fisher
21No pass
Peter Lynch
23No pass
Joel Greenblatt
2No pass
Charlie Munger
7No pass
Terry Smith
18No pass
Questions about VNET Group
Is VNET Group a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the VNET Group AI analysis
What does VNET Group do?
VNET Group, Inc., an investment holding company, provides hosting and related services in China. It is in Information Technology Services, based in Beijing, China, with 2,784 employees.
Does VNET Group pay a dividend?
No. VNET Group does not pay a dividend at the moment; in 2025 it returned $17.2 million to shareholders by buying back its own shares.
Is VNET Group stock halal?
No. VNET Group does not pass our halal screen: its debt is 424% of its market value, at or above the 33% limit. How we check
How has VNET Group stock done over the past year?
Down 64.4% over the past twelve months, to $3.49. It traded between $2.98 and $14.03 and is 75.1% below its high.
Who are VNET Group's competitors?
The largest listed companies in the same industry are IBM, Accenture, Tata Consultancy Services and Infosys. The peers table on this page compares their profit, growth and price with VNET Group's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.