VNET Group, Inc. (VNET)

USD 3.58

(-9.14%)

Annual Income Statements

(In CNY)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 7.41 Billion 7.06 Billion 6.18 Billion 4.82 Billion 3.78 Billion 3.4 Billion
Cost of Revenue 6.12 Billion 5.7 Billion 4.75 Billion 3.75 Billion 2.84 Billion 2.45 Billion
Gross Profit 1.29 Billion 1.35 Billion 1.43 Billion 1.07 Billion 939.44 Million 944.87 Million
Operating Expenses 3.26 Billion 1.23 Billion 1.3 Billion 877.78 Million 705.07 Million 721.29 Million
Selling, General and Administrative Expenses 808.05 Million 954.86 Million 1.09 Billion 770.12 Million 621.58 Million 634.81 Million
Research and Development Expenses 322.22 Million 306.84 Million 188.48 Million 112.89 Million 88.79 Million 92.1 Million
Other Expenses 2.13 Billion -24.6 Million 18.39 Million -5.22 Million -5.3 Million 53.93 Million
Cost and Expenses 9.38 Billion 6.94 Billion 6.05 Billion 4.63 Billion 3.55 Billion 3.17 Billion
Operating Income -1.97 Billion 166.08 Million -261.92 Million 198.22 Million -452.47 Million 237.47 Million
Interest Expense 312.17 Million 273.3 Million 334.95 Million 380.6 Million 345.95 Million 236.06 Million
Income Tax Expense 114.37 Million 133.46 Million 111.4 Million 109.33 Million 5.43 Million 24.41 Million
Earnings before Tax -2.48 Billion -630.45 Million 665.17 Million -2.58 Billion -125.25 Million 24.31 Million
Net Income -2.64 Billion -763.91 Million 500.09 Million -2.69 Billion -130.69 Million -205.06 Million
Earnings Per Share Basic -17.60 -5.17 3.42 -22.54 -1.17 -1.82
Earnings Per Share Diluted -17.60 -5.17 -2.16 -22.52 -1.17 -1.82
Weighted Average Shares Outstanding 150.19 Million 147.8 Million 151.93 Million 119.41 Million 111.47 Million 112.45 Million
Weighted Average Shares Outstanding (Diluted) 150.19 Million 147.8 Million 151.93 Million 119.48 Million 111.47 Million 112.45 Million
Gross Margin 0.17 0.19 0.23 0.22 0.25 0.28
EBIT Margin -0.05 0.25 0.16 -0.48 0.08 0.09
Profit Margin -0.36 -0.11 0.08 -0.56 -0.03 -0.06
EBITDA -366.56 Million 1.71 Billion 1.4 Billion 7.61 Million 1 Billion 858.18 Million
Earnings Before Tax Margin -0.27 0.02 -0.04 0.04 -0.12 0.07

Income Statement Charts