VNET Group (VNET) - Net Assets

Net assets on the balance sheet as of June 2024 : A$1.35 B

According to VNET Group's latest financial reports the company has A$1.35 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	$A$1.48 B	-9.32%
2021-12-31	$A$1.64 B	19.54%
2020-12-31	$A$1.37 B	28.82%
2019-12-31	$A$1.06 B	-3.73%
2018-12-31	$A$1.10 B	8.06%
2017-12-31	$A$1.02 B	-16.67%
2016-12-31	$A$1.22 B	43.81%
2015-12-31	$A$0.85 B	94.84%
2014-12-31	$A$0.43 B	-4.36%
2013-12-31	$A$0.45 B	56.9%
2012-12-31	$A$0.29 B	12.8%
2011-12-31	$A$0.25 B	516.01%
2010-12-31	$A$42.06 M	-126.46%
2009-12-31	$-A$0.16 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Equinix EQIX	A$18.45 B	1,265.88%	🇺🇸 USA
Baidu BIDU	A$56.34 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$1.35 B