VNET Group (VNET) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$1.54 Billion

According to VNET Group's latest financial reports the company has NZ$1.54 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	$NZ$1.59 B	-8.7%
2021-12-31	$NZ$1.74 B	19.15%
2020-12-31	$NZ$1.46 B	31.81%
2019-12-31	$NZ$1.11 B	-4.35%
2018-12-31	$NZ$1.16 B	3.28%
2017-12-31	$NZ$1.12 B	-11.98%
2016-12-31	$NZ$1.27 B	40.61%
2015-12-31	$NZ$0.90 B	98.14%
2014-12-31	$NZ$0.45 B	-7.78%
2013-12-31	$NZ$0.49 B	35.12%
2012-12-31	$NZ$0.36 B	8.21%
2011-12-31	$NZ$0.34 B	516.7%
2010-12-31	$NZ$55.19 M	-128.2%
2009-12-31	$-NZ$0.2 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Equinix EQIX	NZ$23.30 B	1,411.20%	🇺🇸 USA
Baidu BIDU	NZ$64.30 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$1.54 Billion