VNET Group Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 18, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	3,352	1,265	739	839	1,315	4,611
Market Cap Growth	79.99%	71.32%	-11.99%	-36.20%	-71.47%	465.88%
Enterprise Value	6,493	3,521	2,719	2,528	2,720	5,149
Last Close Price	13.75	4.74	2.87	5.67	9.03	34.69
PE Ratio	-	54.94	-	-	16.91	-
Forward PE	130.53	44.60	-	-	-	116.50
PS Ratio	2.49	1.12	0.71	0.82	1.35	6.23
PB Ratio	4.58	1.34	0.80	0.83	1.10	4.36
P/TBV Ratio	8.17	2.20	1.30	1.83	1.79	8.34
P/OCF Ratio	16.54	4.61	2.54	2.37	6.02	42.15
PEG Ratio	-	5.30	5.30	5.30	5.30	5.30
EV/Sales Ratio	4.86	3.11	2.60	2.47	2.79	6.96
EV/EBITDA Ratio	15.25	11.33	11.29	10.15	12.33	28.32
EV/EBIT Ratio	53.49	38.39	-	143.91	129.52	169.60
Debt / Equity Ratio	3.59	2.67	2.69	2.12	1.46	1.20
Debt / EBITDA Ratio	6.83	5.88	7.13	6.13	5.65	4.95
Net Debt / Equity Ratio	2.97	2.44	2.29	1.73	1.27	0.76
Net Debt / EBITDA Ratio	7.43	7.45	8.72	7.01	6.91	4.40
Net Debt / FCF Ratio	-8.99	-5.79	-16.48	-21.68	-7.42	-2.97
Asset Turnover	0.26	0.26	0.26	0.28	0.29	0.29
Quick Ratio	0.60	0.51	0.48	0.83	0.77	0.78
Current Ratio	0.90	0.73	0.86	1.11	1.03	0.99
Return on Equity (ROE)	-6.58%	3.70%	-38.49%	-10.45%	7.11%	-44.20%
Return on Assets (ROA)	1.47%	1.33%	-0.22%	0.30%	0.39%	0.74%
Return on Invested Capital (ROIC)	2.96%	1.52%	-0.50%	0.67%	0.75%	1.85%
Return on Capital Employed (ROCE)	2.80%	2.90%	-0.50%	0.60%	0.70%	1.50%
Earnings Yield	-2.46%	1.98%	-50.48%	-13.40%	5.99%	-9.00%
FCF Yield	-10.89%	-31.60%	-17.26%	-9.59%	-15.60%	-5.84%
Buyback Yield / Dilution	-12.92%	-93.35%	-1.62%	2.72%	-27.16%	-7.18%

Updated Nov 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q