VNET Group (VNET) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$7.00 Billion

According to VNET Group's latest financial reports the company has HK$7.00 Billion 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	$HK$7.90 B	-14.96%
2021-12-31	$HK$9.30 B	13.46%
2020-12-31	$HK$8.19 B	40.56%
2019-12-31	$HK$5.83 B	-4.49%
2018-12-31	$HK$6.10 B	-2.23%
2017-12-31	$HK$6.24 B	-9.07%
2016-12-31	$HK$6.86 B	42.38%
2015-12-31	$HK$4.82 B	72.95%
2014-12-31	$HK$2.78 B	-12.05%
2013-12-31	$HK$3.17 B	35.03%
2012-12-31	$HK$2.34 B	13.83%
2011-12-31	$HK$2.06 B	522.64%
2010-12-31	$HK$0.33 B	-130.07%
2009-12-31	$-HK$1.11 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Equinix EQIX	HK$105.81 B	1,411.20%	🇺🇸 USA
Baidu BIDU	HK$292.00 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 : HK$7.00 Billion