VNET Group (VNET) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$1.45 B

According to VNET Group's latest financial reports the company has NZ$1.45 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	$NZ$1.59 B	-8.46%
2021-12-31	$NZ$1.74 B	18.45%
2020-12-31	$NZ$1.47 B	32.45%
2019-12-31	$NZ$1.11 B	-4.46%
2018-12-31	$NZ$1.16 B	3.23%
2017-12-31	$NZ$1.12 B	-11.98%
2016-12-31	$NZ$1.27 B	40.45%
2015-12-31	$NZ$0.91 B	98.6%
2014-12-31	$NZ$0.45 B	-7.94%
2013-12-31	$NZ$0.49 B	34.74%
2012-12-31	$NZ$0.36 B	8.58%
2011-12-31	$NZ$0.34 B	514.23%
2010-12-31	$NZ$55.41 M	-128.11%
2009-12-31	$-NZ$0.2 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Equinix EQIX	NZ$19.88 B	1,265.88%	🇺🇸 USA
Baidu BIDU	NZ$60.71 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 : NZ$1.45 B