VNET Group (VNET) - Net Assets

Net assets on the balance sheet as of June 2024 : S$1.19 Billion

According to VNET Group's latest financial reports the company has S$1.19 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	$S$1.35 B	-15.84%
2021-12-31	$S$1.61 B	15.27%
2020-12-31	$S$1.39 B	38.57%
2019-12-31	$S$1.00 B	-5.23%
2018-12-31	$S$1.06 B	-0.36%
2017-12-31	$S$1.06 B	-16.6%
2016-12-31	$S$1.28 B	45.6%
2015-12-31	$S$0.88 B	85.28%
2014-12-31	$S$0.47 B	-8.3%
2013-12-31	$S$0.51 B	39.84%
2012-12-31	$S$0.37 B	7.71%
2011-12-31	$S$0.34 B	527.22%
2010-12-31	$S$54.85 M	-127.49%
2009-12-31	$-S$0.2 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Equinix EQIX	S$18.08 B	1,411.20%	🇺🇸 USA
Baidu BIDU	S$49.90 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 : S$1.19 Billion