VNET Group (VNET) - Net Assets

Net assets on the balance sheet as of June 2024 : $0.90 B

According to VNET Group's latest financial reports the company has $0.90 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	$$1.01 B	-15.13%
2021-12-31	$$1.19 B	12.8%
2020-12-31	$$1.05 B	41.21%
2019-12-31	$$0.74 B	-3.97%
2018-12-31	$$0.77 B	-2.45%
2017-12-31	$$0.79 B	-9.75%
2016-12-31	$$0.88 B	42.31%
2015-12-31	$$0.62 B	73.08%
2014-12-31	$$0.35 B	-12.07%
2013-12-31	$$0.40 B	34.98%
2012-12-31	$$0.30 B	14.06%
2011-12-31	$$0.26 B	523.87%
2010-12-31	$$42.58 M	-129.96%
2009-12-31	$-$0.15 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Equinix EQIX	$12.30 B	1,265.88%	🇺🇸 USA
Baidu BIDU	$37.56 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 : $0.90 B