VNET Group, Inc. (VNET)

VNET Group Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,796	2,244	2,661	1,372	2,710	1,808
Short-Term Investments	87.87	390.76	59.65	68.89	317.65	381.25
Cash & Short-Term Investments	1,884	2,634	2,721	1,441	3,028	2,190
Cash Growth	-24.87%	-3.19%	88.78%	-52.40%	38.28%	-17.17%
Accounts Receivable	2,148	1,716	1,765	1,425	848.38	708.73
Other Receivables	-	1,127	770.71	1,114	890.52	835.36
Receivables	2,148	2,907	2,914	2,556	1,821	1,618
Prepaid Expenses	2,674	1,345	988.47	942.99	884.16	878.16
Restricted Cash	338.85	2,855	327.67	327.77	270.45	478.87
Other Current Assets	-	82.93	101.08	55.55	52.47	63.77
Total Current Assets	7,044	9,823	7,052	5,324	6,056	5,228
Property, Plant & Equipment	18,666	17,037	15,468	12,962	9,432	6,665
Long-Term Investments	816.42	757.95	242.19	98.24	135.52	169.65
Goodwill	-	-	1,364	1,340	994.99	989.53
Other Intangible Assets	1,934	1,986	2,073	1,238	913.57	643.75
Long-Term Deferred Tax Assets	285.2	247.64	196.1	168	185.48	209.37
Other Long-Term Assets	373.03	534.2	552.07	1,966	1,657	368.04
Total Assets	29,119	30,386	26,948	23,095	19,374	14,274
Accounts Payable	726.83	696.18	720.03	500.94	290.75	305.15
Accrued Expenses	2,718	971.41	767.77	489.01	339.06	329.99
Short-Term Debt	941.34	386.07	-	-	34	234.5
Current Portion of Long-Term Debt	1,110	4,932	1,022	384.16	2,124	943.65
Current Portion of Leases	956.13	895.97	880.55	852.03	856.12	716.43
Current Income Taxes Payable	61.93	35.2	42.02	43.77	29.03	48.03
Current Unearned Revenue	97.41	103.54	98.72	57.77	65.32	60.22
Other Current Liabilities	1,531	3,417	2,801	2,852	2,384	1,831
Total Current Liabilities	8,143	11,437	6,332	5,180	6,122	4,469
Long-Term Debt	8,450	6,883	8,909	6,482	3,901	2,140
Long-Term Leases	4,739	4,430	3,953	3,404	1,334	2,222
Long-Term Unearned Revenue	260.88	145.11	2.67	2.29	4.1	5.91
Long-Term Deferred Tax Liabilities	698.16	688.36	682.58	348.4	299.09	202.57
Other Long-Term Liabilities	283.75	287.16	87.17	77.57	816.44	2.44
Total Liabilities	22,574	23,872	19,967	15,494	12,476	9,042
Common Stock	0.11	0.11	0.06	0.06	0.06	0.05
Additional Paid-In Capital	17,261	17,291	15,240	15,198	13,083	9,203
Retained Earnings	-11,059	-10,936	-8,292	-7,516	-7,161	-3,978
Treasury Stock	-173.43	-326.95	-349.52	-349.52	-349.52	-349.52
Comprehensive Income & Other	-20.08	-14.34	11.02	-90.44	-55.54	77.9
Total Common Equity	6,008	6,014	6,610	7,242	5,517	4,953
Minority Interest	536.12	499.97	372.24	358.77	332.55	278.56
Shareholders' Equity	6,545	6,514	6,982	7,601	6,897	5,232
Total Liabilities & Equity	29,119	30,386	26,948	23,095	19,374	14,274
Total Debt	16,196	17,528	14,764	11,122	8,249	6,257
Net Cash (Debt)	-14,312	-14,893	-12,043	-9,681	-5,221	-4,067
Net Cash Per Share	-68.83	-99.16	-81.48	-63.72	-43.70	-36.48
Filing Date Shares Outstanding	265.78	263.21	148.45	148.02	143.68	113.33
Total Common Shares Outstanding	265.78	257.4	148.45	148.02	136.33	113.33
Working Capital	-1,098	-1,614	720.19	144.13	-66.35	759.16
Book Value Per Share	22.61	23.37	44.52	48.93	40.47	43.71
Tangible Book Value	4,075	4,029	3,172	4,665	3,609	3,320
Tangible Book Value Per Share	15.33	15.65	21.37	31.52	26.47	29.29
Machinery	-	7,886	6,696	5,136	3,910	2,925
Construction In Progress	-	3,444	2,770	3,239	2,142	1,234
Leasehold Improvements	-	5,821	4,819	3,303	2,610	1,459

Source: S&P Capital IQ. Standard template. Financial Sources.