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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,525	2,244	2,661	1,372	2,710	1,808
Short-Term Investments	15.88	390.76	59.65	68.89	317.65	381.25
Cash & Short-Term Investments	1,541	2,634	2,721	1,441	3,028	2,190
Cash Growth	-42.99%	-3.19%	88.78%	-52.40%	38.28%	-17.17%
Accounts Receivable	2,179	1,716	1,765	1,425	848.38	708.73
Other Receivables	-	1,127	770.71	1,114	890.52	835.36
Receivables	2,179	2,907	2,914	2,556	1,821	1,618
Prepaid Expenses	2,666	1,345	988.47	942.99	884.16	878.16
Restricted Cash	556.27	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	6,942	9,823	7,052	5,324	6,056	5,228
Property, Plant & Equipment	19,566	17,037	15,468	12,962	9,432	6,665
Long-Term Investments	798.64	757.95	242.19	98.24	135.52	169.65
Goodwill	-	-	1,364	1,340	994.99	989.53
Other Intangible Assets	1,937	1,986	2,073	1,238	913.57	643.75
Long-Term Deferred Tax Assets	309.39	247.64	196.1	168	185.48	209.37
Other Long-Term Assets	372.38	534.2	552.07	1,966	1,657	368.04
Total Assets	29,925	30,386	26,948	23,095	19,374	14,274
Accounts Payable	728.36	696.18	720.03	500.94	290.75	305.15
Accrued Expenses	2,528	971.41	767.77	489.01	339.06	329.99
Short-Term Debt	907.17	386.07	-	-	34	234.5
Current Portion of Long-Term Debt	1,317	4,932	1,022	384.16	2,124	943.65
Current Portion of Leases	982.74	895.97	880.55	852.03	856.12	716.43
Current Income Taxes Payable	51.55	35.2	42.02	43.77	29.03	48.03
Current Unearned Revenue	95.89	103.54	98.72	57.77	65.32	60.22
Other Current Liabilities	1,753	3,417	2,801	2,852	2,384	1,831
Total Current Liabilities	8,364	11,437	6,332	5,180	6,122	4,469
Long-Term Debt	8,876	6,883	8,909	6,482	3,901	2,140
Long-Term Leases	4,757	4,430	3,953	3,404	1,334	2,222
Long-Term Unearned Revenue	265.94	145.11	2.67	2.29	4.1	5.91
Long-Term Deferred Tax Liabilities	703.39	688.36	682.58	348.4	299.09	202.57
Other Long-Term Liabilities	98.46	287.16	87.17	77.57	816.44	2.44
Total Liabilities	23,065	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	17,257	17,291	15,240	15,198	13,083	9,203
Retained Earnings	-10,741	-10,936	-8,292	-7,516	-7,161	-3,978
Treasury Stock	-163.07	-326.95	-349.52	-349.52	-349.52	-349.52
Comprehensive Income & Other	-16.09	-14.34	11.02	-90.44	-55.54	77.9
Total Common Equity	6,336	6,014	6,610	7,242	5,517	4,953
Minority Interest	524.37	499.97	372.24	358.77	332.55	278.56
Shareholders' Equity	6,861	6,514	6,982	7,601	6,897	5,232
Total Liabilities & Equity	29,925	30,386	26,948	23,095	19,374	14,274
Total Debt	16,840	17,528	14,764	11,122	8,249	6,257
Net Cash (Debt)	-15,300	-14,893	-12,043	-9,681	-5,221	-4,067
Net Cash Per Share	-64.37	-99.16	-81.48	-63.72	-43.70	-36.48
Filing Date Shares Outstanding	267.14	263.21	148.45	148.02	143.68	113.33
Total Common Shares Outstanding	267.14	257.4	148.45	148.02	136.33	113.33
Working Capital	-1,421	-1,614	720.19	144.13	-66.35	759.16
Book Value Per Share	23.72	23.37	44.52	48.93	40.47	43.71
Tangible Book Value	4,400	4,029	3,172	4,665	3,609	3,320
Tangible Book Value Per Share	16.47	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.