← VNET Group, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $186.9m | $299.7m | $343.0m | $259.8m | $415.4m | $215.4m | $385.9m | $316.0m | $204.5m | $789.9m | |
| Prepaid Expense and Other Assets, Current | $111.9m | $143.5m | $168.4m | $232.4m | $286.0m | $321.7m | $311.4m | $334.6m | $382.2m | $320.5m | |
| Short-term Investments | $40.0m | $84.4m | $35.6m | $52.3m | $43.8m | — | — | $50.3m | $0 | $54.2m | |
| Inventory, Net | $638k | $109k | $267k | — | — | — | — | — | — | — | |
| Assets, Current | $749.2m | $652.5m | $680.4m | $751.0m | $928.1m | $835.5m | $1.0b | $1.4b | $934.4m | $1.6b | |
| Property, Plant and Equipment, Net | $544.7m | $510.2m | $586.3m | $781.9m | $1.2b | $1.6b | $1.7b | $1.8b | $2.4b | $3.3b | |
| Goodwill | $252.9m | $152.1m | $143.9m | $142.1m | $152.5m | $210.2m | $197.8m | — | $0 | — | |
| Intangible Assets, Net (Excluding Goodwill) | $140.8m | $61.6m | $51.7m | $59.0m | $100.9m | $141.3m | $217.1m | $194.8m | $192.3m | $286.7m | |
| Operating Lease, Right-of-Use Asset | — | — | — | $175.5m | $203.1m | $450.3m | $508.0m | $565.1m | $632.7m | $696.6m | |
| Other Assets, Noncurrent | $21.2m | $12.5m | $25.2m | $39.9m | $230.0m | $307.2m | $80.0m | $75.1m | $52.2m | $182.4m | |
| Additional Financial Items | |||||||||||
| Assets | $1.8b | $1.5b | $1.6b | $2.1b | $3.0b | $3.6b | $3.9b | $4.3b | $4.4b | $6.4b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | — | $62.9m | $69.3m | $95.4m | $97.8m | $109.9m | $123.3m | $137.6m | |
| Operating Lease, Liability, Noncurrent | — | — | — | $83.2m | $98.9m | $358.4m | $421.2m | $460.7m | $517.8m | $572.1m | |
| Deferred Revenue, Current | $46.1m | $8.6m | $8.4m | — | — | — | — | — | — | — | |
| Deferred Revenue, Noncurrent | $9.0m | — | — | — | — | — | — | — | — | — | |
| Long-term Debt, Current Maturities | — | — | — | $38.4m | $32.8m | $60.3m | $70.2m | $753.3m | $2.0b | $3.2b | |
| Liabilities, Current | $630.0m | $272.9m | $318.7m | $641.9m | $938.2m | $812.9m | $918.1m | $1.6b | $1.3b | $1.8b | |
| Deferred Income Tax Liabilities, Net | — | — | — | $29.1m | $45.8m | $54.7m | $99.0m | $97.0m | $100.6m | $120.2m | |
| Long Term Debt | — | — | — | — | — | — | — | — | $9.2b | $13.6b | |
| Deferred Tax Liabilities, Net | — | — | — | — | $17.4m | $28.3m | $70.5m | $440.7m | $427.8m | $588.8m | |
| Liabilities | $802.3m | $723.5m | $841.8m | $1.3b | $1.9b | $2.4b | $2.9b | $3.4b | $3.5b | $5.2b | |
| Redeemable Noncontrolling Interest, Equity, Carrying Amount | $100.8m | — | $0 | — | — | — | — | — | — | $244.8m | |
| Stockholders’ equity: | |||||||||||
| Preferred Stock, Value, Issued | — | — | — | — | $160.5m | — | — | — | — | — | |
| Additional Paid in Capital | $1.3b | $1.4b | $1.3b | $1.3b | $2.0b | $2.4b | $2.2b | $2.4b | $2.4b | $2.5b | |
| Retained Earnings (Accumulated Deficit) | ($413.2m) | ($557.8m) | ($558.2m) | ($580.1m) | ($1.1b) | ($1.2b) | ($1.2b) | ($1.6b) | ($1.5b) | ($1.6b) | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $17.0m | ($411k) | $12.5m | $11.2m | ($8.5m) | ($14.2m) | $1.6m | ($2.0m) | ($2.5m) | $6.6m | |
| Stockholders' Equity Attributable to Parent | $882.2m | $776.1m | $740.9m | $711.5m | $1.0b | $1.1b | $958.3m | $847.1m | $872.1m | $889.2m | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $3.7m | $23.3m | $39.1m | $40.0m | $51.0m | $56.3m | $54.0m | $70.4m | $76.0m | $90.7m | |
| Liabilities and Equity | $1.8b | $1.5b | $1.6b | $2.1b | $3.0b | $3.6b | $3.9b | $4.3b | $4.4b | $6.4b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.