VNET Group, Inc.
VNET Nasdaq· Services-Computer Programming, Data Processing, Etc.
Last close · Oct 23, 2026
$3.72
KIRA · Stoqly’s AI analyst, in plain words
- VNET Group, Inc. lost $35.0M in fiscal 2025.
- Free cash flow was −$798M in fiscal 2025, — of revenue.
- VNET Group, Inc. returned $2.4M to shareholders in fiscal 2025. The diluted share count fell 7.5%.
- VNET Group, Inc. owes $1.4B more than it holds in cash, about 3.4 years of operating profit.
Market cap
$998M
P/E
—
Revenue
—
Net income
−$35.0M
Free cash flow
−$798M
Operating margin
—
VNET Group, Inc. in 30 seconds · fiscal 2025
Does it make a profit?
−$35.0M
No. It lost money last year.
Is debt under control?
3.4x
Heavy. Repaying its debt would take 3.4 years of operating profit.
How healthy are the accounts?
4 / 7
Mixed. It passes 4 of 7 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What VNET Group, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Apr 16, 2026
- Legal name
- VNET Group, Inc.
- CIK
- 0001508475
VNET Group, Inc. · VNET
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Net income | $77.5M | −$115M | −$373M | $25.5M | −$35.0M |
| Diluted EPS | −$0.33 | −$0.78 | −$2.48 | $0.02 | −$0.13 |
| Cash | |||||
| Cash from operations | $215M | $362M | $291M | $279M | $267M |
| Capital expenditure | $417M | $445M | $419M | $684M | $1.1B |
| Free cash flow | −$202M | −$82.5M | −$128M | −$406M | −$798M |
| Share buybacks | $264M | — | — | — | $2.4M |
| Share count change | 27.2% | −2.7% | 1.6% | 93.3% | −7.5% |
| Debt and strength | |||||
| Cash and short-term investments | $216M | $386M | $366M | $204M | $843M |
| Debt incl. finance leases | $275M | $252M | $1.0B | $1.5B | $2.2B |
| Shareholders' equity | $1.1B | $958M | $847M | $872M | $888M |
| Net debt / EBITDA | 0.3x | −0.5x | — | 4.1x | 3.4x |
| Current ratio | 1.0x | 1.1x | 0.9x | 0.7x | 0.9x |
| Interest coverage | 0.1x | 0.4x | −6.3x | 1.7x | 1.3x |
| Returns and quality | |||||
| Return on capital | 0.3% | 2.2% | −16.9% | 3.1% | 3.5% |
| Return on equity | 7.2% | −11.0% | −41.4% | 3.0% | −4.0% |
| Return on tangible equity | 9.8% | −21.2% | −57.3% | 3.4% | −5.9% |
| Piotroski F-score | 5 | 4 | 2 | 4 | 4 |
| Altman Z'' | −0.5 | −0.5 | −1.7 | −1.2 | −0.7 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.2M
3 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
VNET Group, Inc. · VNET
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $3.72 a share, the company is worth $998M.
Source: SEC EDGAR XBRL filings (CIK 0001508475). Data updated October 24, 2026. Filed in CNY under US GAAP and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only — not investment advice. Check the original filings before relying on any figure.