VNET Group (VNET) - Net Assets

Net assets on the balance sheet as of June 2024 : C$1.22 B

According to VNET Group's latest financial reports the company has C$1.22 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

VNET Group - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$1.37 B	-9.01%
2021-12-31	$C$1.50 B	11.94%
2020-12-31	$C$1.34 B	38.91%
2019-12-31	$C$0.97 B	-8.74%
2018-12-31	$C$1.06 B	5.84%
2017-12-31	$C$1.00 B	-15.57%
2016-12-31	$C$1.19 B	37.71%
2015-12-31	$C$0.86 B	107.23%
2014-12-31	$C$0.41 B	-4.14%
2013-12-31	$C$0.43 B	44.08%
2012-12-31	$C$0.30 B	11.76%
2011-12-31	$C$0.27 B	533.98%
2010-12-31	$C$42.62 M	-128.46%
2009-12-31	$-C$0.15 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Equinix EQIX	C$16.68 B	1,265.88%	🇺🇸 USA
Baidu BIDU	C$50.95 B	4,070.43%	🇨🇳 China

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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VNET Group (VNET) - Net assets

Net assets on the balance sheet as of June 2024 : C$1.22 B