VNET Group (VNET) Stock Price

VNET Group Price

🇨🇳NASDAQ·CLOSED
8.91CNY
Market closed
Today +/-
Today %

VNET Group (VNET) Stock | ISIN US90138A1034 | WKN A1H9DT. The current VNET Group stock price is 8.91 CNY (2026). Revenue is 11.88 B CNY. Net income is 636.07 M CNY. The P/E ratio is 24.41. Market capitalization is 14.38 B CNY. VNET Group operates in the Information technology sector.

VNET Group stock price

Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of VNET Group over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how VNET Group stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing VNET Group's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

VNET Group Stock Price History
DateVNET Group Price
Access this data via the Eulerpool API

VNET Group Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2009
313.6 M CNY
27.1 M CNY
-5.9 M CNY
Jan 1, 2010
525.2 M CNY
-232.8 M CNY
-255.4 M CNY
Jan 1, 2011
1.02 B CNY
14.9 M CNY
18.4 M CNY
Jan 1, 2012
1.52 B CNY
80.9 M CNY
56.3 M CNY
Jan 1, 2013
1.97 B CNY
41.8 M CNY
-48.2 M CNY
Jan 1, 2014
2.88 B CNY
-114.7 M CNY
-348.5 M CNY
Jan 1, 2015
3.63 B CNY
-284.2 M CNY
-428.1 M CNY
Jan 1, 2016
3.64 B CNY
-447.2 M CNY
-633.6 M CNY
Jan 1, 2017
3.39 B CNY
-200.3 M CNY
-772.7 M CNY
Jan 1, 2018
3.4 B CNY
237.5 M CNY
-205.1 M CNY
Jan 1, 2019
3.79 B CNY
182.2 M CNY
-182.3 M CNY
Jan 1, 2020
4.83 B CNY
198.2 M CNY
-2.71 B CNY
Jan 1, 2021
6.19 B CNY
133.4 M CNY
494.3 M CNY
Jan 1, 2022
7.07 B CNY
121.2 M CNY
-776 M CNY
Jan 1, 2023
7.41 B CNY
-100.02 M CNY
-2.64 B CNY

VNET Group Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 10, 2026, 8:39 PM
 
REVENUE (M CNY)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M CNY)
NET INCOME (M CNY)
NET INCOME GROWTH (%)
SHARES (M)
DOCUMENTS
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales VNET Group generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue VNET Group retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare VNET Group's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares VNET Group has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against VNET Group's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

VNET Group stock margins

The VNET Group margin analysis displays the gross margin, EBIT margin, as well as the profit margin of VNET Group. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for VNET Group.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2009
26.88 %
8.64 %
-1.88 %
Jan 1, 2010
24.43 %
-44.33 %
-48.63 %
Jan 1, 2011
27.09 %
1.46 %
1.8 %
Jan 1, 2012
27.93 %
5.31 %
3.69 %
Jan 1, 2013
26.28 %
2.13 %
-2.45 %
Jan 1, 2014
28.16 %
-3.99 %
-12.12 %
Jan 1, 2015
23.49 %
-7.82 %
-11.78 %
Jan 1, 2016
19.55 %
-12.28 %
-17.4 %
Jan 1, 2017
22.35 %
-5.9 %
-22.78 %
Jan 1, 2018
27.78 %
6.98 %
-6.03 %
Jan 1, 2019
24.79 %
4.81 %
-4.81 %
Jan 1, 2020
22.28 %
4.1 %
-56.1 %
Jan 1, 2021
23.23 %
2.16 %
7.99 %
Jan 1, 2022
19.23 %
1.72 %
-10.98 %
Jan 1, 2023
17.44 %
-1.35 %
-35.67 %

VNET Group Stock Revenue, EBIT, Earnings per Share

The VNET Group earnings per share therefore indicates how much revenue VNET Group has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2009
1.72 CNY
0.15 CNY
-0.03 CNY
Jan 1, 2010
7.35 CNY
-3.26 CNY
-3.57 CNY
Jan 1, 2011
3.22 CNY
0.05 CNY
0.06 CNY
Jan 1, 2012
4.27 CNY
0.23 CNY
0.16 CNY
Jan 1, 2013
5.4 CNY
0.11 CNY
-0.13 CNY
Jan 1, 2014
7.17 CNY
-0.29 CNY
-0.87 CNY
Jan 1, 2015
7.39 CNY
-0.58 CNY
-0.87 CNY
Jan 1, 2016
5.9 CNY
-0.72 CNY
-1.03 CNY
Jan 1, 2017
5.04 CNY
-0.3 CNY
-1.15 CNY
Jan 1, 2018
5.04 CNY
0.35 CNY
-0.3 CNY
Jan 1, 2019
5.67 CNY
0.27 CNY
-0.27 CNY
Jan 1, 2020
6.74 CNY
0.28 CNY
-3.78 CNY
Jan 1, 2021
6.79 CNY
0.15 CNY
0.54 CNY
Jan 1, 2022
7.97 CNY
0.14 CNY
-0.88 CNY
Jan 1, 2023
8.23 CNY
-0.11 CNY
-2.93 CNY

VNET Group business model & stock analysis

21Vianet Group Inc. was founded in 1999 and is a leading company in the field of cloud-based internet services in China. The company offers its customers a range of solutions, including cloud computing, data centers, and network services.

VNET Group SWOT Analysis

Strengths

21Vianet Group Inc is a leading carrier-neutral internet data center services provider in China. The company's strong market presence and extensive network of data centers give it a competitive advantage.

21Vianet Group Inc has established strong partnerships with major global cloud service providers, enabling it to offer a wide range of services to its customers. This diversification strengthens its revenue streams and enhances its position in the market.

Weaknesses

One of the weaknesses of 21Vianet Group Inc is its heavy reliance on third-party partners for certain services. This dependency poses potential risks and could affect the company's ability to deliver reliable services to its customers.

The company faces intense competition in the data center services industry, which could impact its market share and profitability. It needs to continuously innovate and differentiate itself to stay ahead in the competitive landscape.

Opportunities

The growing demand for cloud computing and internet services in China presents significant opportunities for 21Vianet Group Inc. As more businesses adopt cloud solutions, the company can capitalize on this trend and expand its customer base.

The government's initiatives for digital transformation and data sovereignty regulations also create opportunities for 21Vianet Group Inc. By complying with these regulations and offering secure and compliant solutions, the company can attract more customers and strengthen its position in the market.

Threats

The regulatory environment in China can be challenging, with strict rules and regulations governing the internet and data services industry. Changes in regulations or government policies could significantly impact the operations and profitability of 21Vianet Group Inc.

As the data center services industry becomes more competitive, price pressures may arise, leading to reduced margins for the company. It needs to effectively manage costs and differentiate its services to mitigate this threat.

VNET Group Eulerpool Fair Value

VNET Group historical P/E ratio, EBIT multiple, and P/S ratio

VNET Group annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

VNET Group shares outstanding

The number of shares was VNET Group in 2025 — This indicates how many shares 1.742 B is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2009
182.5 M base_Shares
Jan 1, 2010
71.5 M base_Shares
Jan 1, 2011
316.8 M base_Shares
Jan 1, 2012
356.8 M base_Shares
Jan 1, 2013
364.4 M base_Shares
Jan 1, 2014
401.3 M base_Shares
Jan 1, 2015
492.1 M base_Shares
Jan 1, 2016
617.2 M base_Shares
Jan 1, 2017
672.8 M base_Shares
Jan 1, 2018
674.7 M base_Shares
Jan 1, 2019
668.8 M base_Shares
Jan 1, 2020
716.9 M base_Shares
Jan 1, 2021
911.6 M base_Shares
Jan 1, 2022
886.8 M base_Shares
Jan 1, 2023
901.14 M base_Shares
Price targets and forecasts for VNET Group are not yet available.

VNET Group Earnings Estimates

VNET Group Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
5/26/2026-0.24CNY2.73 BCNY2026 Q1
3/10/2026-0.52CNY2.7 BCNY2025 Q4
11/20/2025-0.29CNY-CNY2025 Q3
11/13/20240.02CNY2.05 BCNY2024 Q3
5/22/2024-0.04CNY-CNY2024 Q1
3/19/2024-2CNY-CNY2023 Q4
11/20/2023-0.29CNY-CNY2023 Q3
3/28/2023-1.63CNY2.07 BCNY2022 Q4
11/22/2022-0.59CNY1.85 BCNY2022 Q3
8/30/2022-0.37CNY1.74 BCNY2022 Q2

EESG©

Eulerpool ESG Scorecard© for the VNET Group stock

65/100
63
Environment
79
Social
53
Governance
E

Environment

20
Scope 1 - Direct Emissions27,891.96
Scope 2 - Indirect emissions from purchased energy1,064,264.59
Scope 3 - Indirect emissions within the value chain815,150.53
Total CO₂ emissions1,092,156.55
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees28
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

VNET Group shareholder structure

% Name
0.75738%
Triata Capital Limited
Triata Capital Limited
0.64443%
Blackstone Tactical Opportunities Advisors L.L.C.
Blackstone Tactical Opportunities Advisors L.L.C.
0.60453%
Infini Capital Management Ltd.
Infini Capital Management Ltd.
0.57326%
Morgan Stanley & Co. LLC
Morgan Stanley & Co. LLC
0.48662%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
0.35622%
Oxbow Capital Management (HK) Limited
Oxbow Capital Management (HK) Limited
0.34723%
Chen (Sheng)
Chen (Sheng)
0.2161%
Oasis Management Company Ltd.
Oasis Management Company Ltd.
0.20711%
BNP Paribas Securities Corp. North America
BNP Paribas Securities Corp. North America
0.20269%
Two Sigma Investments, LP
Two Sigma Investments, LP
...

VNET Group Executives and Management Board

SC

Mr. Sheng Chen

(56)

Executive Co-Chairman of the Board, Interim Chief Executive Officer, Founder · since 2024

JZ

Mr. Jianbiao Zhu

(51)

Executive Co-Chairman of the Board · since 2024

QW

Mr. Qiyu Wang

(47)

Chief Financial Officer

LC

Mr. Lifeng Chen

(57)

Independent Director

SS

Mr. Sean Shao

(68)

Independent Director

VNET Group Supply Chain

Frequently asked questions about VNET Group

The business model of 21Vianet Group Inc involves providing carrier-neutral internet data center services, as well as managed network services in China. As one of the leading providers in the country, 21Vianet offers a comprehensive range of hosting and related value-added services to its customers. The company focuses on operating extensive data centers that are strategically located in various regions in China to serve a wide range of industries. By offering reliable and secure data center solutions, 21Vianet enables businesses to efficiently store, process, and deliver their digital assets, ensuring a seamless online presence and optimal performance for their operations.

All fundamentals and in-depth analysis of VNET Group

Our stock analysis for VNET Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of VNET Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.