VNET Group (VNET) - Net Assets

Net assets on the balance sheet as of June 2024 : A$1.38 Billion

According to VNET Group's latest financial reports the company has A$1.38 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	$A$1.48 B	-9.59%
2021-12-31	$A$1.64 B	19.63%
2020-12-31	$A$1.37 B	28.58%
2019-12-31	$A$1.06 B	-3.37%
2018-12-31	$A$1.10 B	8.1%
2017-12-31	$A$1.02 B	-16.67%
2016-12-31	$A$1.22 B	43.82%
2015-12-31	$A$0.85 B	94.44%
2014-12-31	$A$0.43 B	-4.16%
2013-12-31	$A$0.45 B	57.26%
2012-12-31	$A$0.29 B	12.54%
2011-12-31	$A$0.25 B	518.04%
2010-12-31	$A$41.92 M	-126.49%
2009-12-31	$-A$0.16 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Equinix EQIX	A$20.93 B	1,411.20%	🇺🇸 USA
Baidu BIDU	A$57.78 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 : A$1.38 Billion