VNET

VNET Group Inc DRC

VNET.US vnet.com
6.38
-0.14 (-2.15%)
USD · NASDAQ
52-week range
5.91
14.48
Trading at 5% of the 52-week range
Market Cap
1.86B
P/E Ratio
0.00
Forward P/E
11.30
Book Value
2.13
Div. Yield
N/A
% Institutions
63.60%
% Insiders
0.00%

1 Year

-19.5%

3 Year

+99.4%

10 Year

-25.9%
Description

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; interconnectivity services that allow customers to connect their servers; and value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and standby server services. It also provides cloud services that allow customers to run applications over the internet using IT infrastructure; and VPN services that extend customers' private networks by setting up connections through the public internet. In addition, the company offers server administration services, including operating system support and assistance with updates, server monitoring, server backup and restoration, server security evaluation, firewall services, and disaster recovery services. It serves information technology and cloud services, communications and social networking, gaming and entertainment, e-commerce, automobile, financial services, and blue-chip and small-to-mid-sized enterprises; government agencies; individuals; and telecommunication carriers. The company was formerly known as 21Vianet Group, Inc. and changed its name to VNET Group, Inc. in October 2021. VNET Group, Inc. was founded in 1996 and is headquartered in Beijing, China.

Company Information

Company Name
VNET Group Inc DRC
Sector
Technology
Industry
Information Technology Services
Exchange
NASDAQ
ISIN: US90138A1034
CIK: 0001508475
CUSIP: 90138A103
Currency: USD
Full Time Employees: 2,784
Phone: 86 10 8456 2121
Website: vnet.com
Fiscal Year End: December
IPO Date: Apr 21, 2011
Description:

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; interconnectivity services that allow customers to connect their servers; and value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and standby server services. It also provides cloud services that allow customers to run applications over the internet using IT infrastructure; and VPN services that extend customers' private networks by setting up connections through the public internet. In addition, the company offers server administration services, including operating system support and assistance with updates, server monitoring, server backup and restoration, server security evaluation, firewall services, and disaster recovery services. It serves information technology and cloud services, communications and social networking, gaming and entertainment, e-commerce, automobile, financial services, and blue-chip and small-to-mid-sized enterprises; government agencies; individuals; and telecommunication carriers. The company was formerly known as 21Vianet Group, Inc. and changed its name to VNET Group, Inc. in October 2021. VNET Group, Inc. was founded in 1996 and is headquartered in Beijing, China.

Address:

Guanjie Building, Beijing, China, 100016

People

Directors & Officers

Name Title Year Born
Mr. Sheng Chen Co-Founder & Executive Chairman 1969
Ms. Xinyuan Liu Head of Director of Investor NA
Mr. Derek Li Group Executive VP & General Counsel NA
Ms. Xiao Liu Rotating President & Group Executive VP 1981
Mr. Shiqi Wang Rotating President & Group Senior VP 1976
Mr. Ju Ma Group Executive VP & Rotating President NA
Mr. Wen Teng Rotating Chief Executive Officer NA
Mr. Kun Yan Group Executive Vice President NA
Mr. Xiaomang Li Group Senior Vice President NA
Mr. Zhihua Zhang Group Senior VP & Head of Operations Finance 1983

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Mar 23, 2026 David Lifeng Chen N/A Sale 83.54K $1.51 $126.15K

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
Point72 Asset Management, L.P. 16.11M Mar 31, 2026 5.66% $0.17 37.92%
Triata Capital Limited 11.76M Jun 30, 2026 4.13% $16.08 5.15%
Blackstone Inc 10.40M Mar 31, 2026 3.65% $0.34 0.00%
Millennium Management LLC 8.77M Jun 30, 2026 3.08% $0.03 68.52%
NORGES BANK 8.53M Jun 30, 2026 3.00% $0.01 9.89%
Morgan Stanley - Brokerage Accounts 7.09M Mar 31, 2026 2.49% $0.00 -31.37%
Balyasny Asset Management LLC 6.79M Mar 31, 2026 2.39% $0.07 67.63%
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 5.86M Mar 31, 2026 2.06% $0.07 53.14%
UBS Group AG 5.74M Mar 31, 2026 2.02% $0.01 72.35%
The Goldman Sachs Group Inc 4.70M Mar 31, 2026 1.65% $0.00 1,276.12%
Oasis Management Co. Ltd 4.62M Mar 31, 2026 1.62% $2.26 33.92%
BlackRock Inc 3.57M Mar 31, 2026 1.25% $0.00 4.92%
D. E. Shaw & Co LP 3.53M Jun 30, 2026 1.24% $0.01 39.73%
Temasek Holdings Ltd. 3.53M Jun 30, 2026 1.24% $0.08 143.81%
Pinpoint Asset Management (Singapore) Pte. Ltd. 3.37M Jun 30, 2026 1.18% $5.50 6,381.93%
Tiger Pacific Capital LP 2.91M Jun 30, 2026 1.02% $10.72 279.77%
RIMA MANAGEMENT, LLC 2.78M Mar 31, 2026 0.98% $0.77 211.70%
Manufacturers Life Insurance Co 2.62M Mar 31, 2026 0.92% $0.02 20.35%
Vanguard Capital Management, LLC 2.04M Mar 31, 2026 0.72% $0.00 0.00%
CoreView Capital Management Ltd 1.99M Jun 30, 2026 0.70% $2.92 0.00%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Global X Data Center & Dgtl Infrs ETF 9.02M 3.17% ▲ 0.00% Aug 31, 2026
2 KraneShares CSI China Internet ETF 5.89M 2.07% ▼ 1.13% Aug 31, 2026
3 Jupiter Merian Glb Eq Abs Rt I USD Acc 5.42M 1.90% ▲ 4.34% Jun 30, 2026
4 Carmignac Emergents A EUR Acc 2.74M 0.96% ▲ 0.00% Jun 30, 2026
5 iShares Core MSCI Emerging Markets ETF 1.62M 0.57% ▲ 0.00% Aug 31, 2026
6 Global X DtCenterREITs&DgtlInfrasETF$Acc 1.47M 0.52% ▲ 0.00% Aug 28, 2026
7 American Funds SMALLCAP World A 1.45M 0.51% ▲ 0.00% Jun 30, 2026
8 Carmignac Pf Emergents F EUR Acc 1.38M 0.48% ▲ 0.00% Jun 30, 2026
9 East Capital Global EM Sustainable A EUR 1.05M 0.37% ▼ 30.47% Jul 31, 2026
10 Fidelity China Special Situations Ord 1.00M 0.35% ▲ 0.00% May 31, 2026

Financial Highlights

Market Cap: $1.86B
EBITDA: $3.28B
PEG Ratio: $0.45
Book Value: $2.13
Earnings/Share: $-1.23
Profit Margin: -6.24%
Operating Margin: 8.25%
ROA (TTM): 1.17%
ROE (TTM): -4.70%
Revenue (TTM): $10.74B
Revenue/Share (TTM): $39.19
Earnings Growth (YOY): 133.30%
Revenue Growth (YOY): 14.20%

Valuation Metrics

Enterprise Value: $5.42B
Trailing P/E: 0.00
Forward P/E: 11.30

Shares Statistics

Shares Outstanding: 279.56M
Shares Float: 64.06M
% Insiders: 0.00%
% Institutions: 63.60%
Short % Float: 24.16%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$9.68B
Cost of Goods Sold
adjust
$-7.55B
Gross Profit
subtotal
$2.13B
SG&A
adjust
$-1.02B
R&D
adjust
$-254.02M
Other Operating Expense
adjust
$-122.86M
Operating Income
subtotal
$732.04M
Other / Non-Operating Items
adjust
$-981.82M
Net Income
subtotal
$-249.78M

Earnings Per Share (EPS) History

Financial Ratios

📦 Raw API Data (JSON Explorer)

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