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VNET

Vnet Group Inc

$1.69

Earnings Summary

Revenue
$1898.48Mn
Net Profits
$-2442.79Mn
Net Profit Margins
-128.67%

Highlights

Revenue:

Vnet Group Inc’s revenue jumped 5.13% since last year same period to $1898.48Mn in the Q1 2024. On a quarterly growth basis, Vnet Group Inc has generated 0% jump in its revenue since last 3-months.

Net Profits:

Vnet Group Inc’s net profit fell -3068.4% since last year same period to $-2442.79Mn in the Q1 2024. On a quarterly growth basis, Vnet Group Inc has generated 0% jump in its net profits since last 3-months.

Net Profit Margins:

Vnet Group Inc’s net profit margin fell -2923.46% since last year same period to -128.67% in the Q1 2024. On a quarterly growth basis, Vnet Group Inc has generated 0% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Vnet Group Inc post its latest quarter earnings

EPS Estimate Current Quarter
-0.02
EPS Estimate Current Year
-0.02

Highlights

EPS Estimate Current Quarter:

Vnet Group Inc’s earning per share (EPS) estimates for the current quarter stand at -0.02 - a 88.89% jump from last quarter’s estimates.

EPS Estimate Current Year:

Vnet Group Inc’s earning per share (EPS) estimates for the current year stand at -0.02.

Key Ratios

Key ratios of the Vnet Group Inc post its Q1 2024 earnings

Return on Assets (ROA)
-0
Return on Equity (ROE)
-0.38

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Vnet Group Inc’s return on assets (ROA) stands at -0.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Vnet Group Inc’s return on equity (ROE) stands at -0.38.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2023-05-24
-0.64
0.42
165.63%
2023-12-31
-0.18
-2.19
-1116.67%
2023-11-15
-0.52
-2.88
-453.85%
2023-06-30
-0.39
-1.56
-300%