VNET Group
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. VNET Group's past years’ income statements indicate that its last revenue has increased compared to the previous period by 5% to $7,412,930,000. Profit margin reached -36%. Total operating expenses were $3,263,386,000.
Profit Margin
| 2014 | 2.87B | -348.48M | -12.11% |
|---|---|---|---|
| 2015 | 3.63B | -428.09M | -11.78% |
| 2016 | 3.64B | -817M | -22.43% |
| 2017 | 3.39B | -772.73M | -22.78% |
| 2018 | 3.40B | -205.06M | -6.03% |
| 2019 | 3.78B | -130.69M | -3.45% |
| 2020 | 4.82B | -2.69B | -55.73% |
| 2021 | 6.18B | 500.09M | 8.08% |
| 2022 | 7.06B | -763.91M | -10.81% |
| 2023 | 7.41B | -2.64B | -35.67% |
VNET Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 7.41B | 7.06B | 6.18B | 4.82B | 3.78B | 3.40B | 3.39B | 3.64B | 3.63B | 2.87B |
Cost of revenue | 6.12B | 5.70B | 4.75B | 3.75B | 2.84B | 2.45B | 2.63B | 2.92B | 2.78B | 2.06B |
Gross profit | 1.29B | 1.35B | 1.43B | 1.07B | 939.44M | 944.87M | 758.41M | 712.13M | 853.75M | 810.14M |
Operating exp. | ||||||||||
Research and development | 322.22M | 306.84M | 188.48M | 112.89M | 88.79M | 92.10M | 149.14M | 149.33M | 142.83M | 121.67M |
Selling and marketing | 266.20M | 311.91M | 255.4M | 235.01M | 206.30M | 172.17M | 256.68M | 352.92M | 359.46M | 287.22M |
Total operating expenses | 3.26B | 1.23B | 1.30B | 877.78M | 705.07M | 721.29M | 957.76M | 1.25B | 1.09B | 902.21M |
Operating income | -1.97B | 166.08M | -261.92M | 198.22M | -452.47M | 237.47M | -1.36B | -840.19M | -284.23M | -114.7M |
Other income (expenses), net | -511.89M | -796.54M | 927.09M | -2.69B | 327.21M | -8.37M | 306.94M | -261.03M | -69.21M | -197.10M |
Income before tax | -2.48B | -630.45M | 665.17M | -2.58B | -125.25M | 24.31M | -1.06B | -979.1M | -353.44M | -311.80M |
Income tax expense | 114.37M | 133.46M | 111.40M | 109.33M | 5.43M | 24.41M | -90.17M | -11.16M | 47.83M | 16.67M |
Net income | -2.64B | -763.91M | 500.09M | -2.69B | -130.69M | -205.06M | -772.73M | -817M | -428.09M | -348.48M |
Earnings per share | ||||||||||
Basic EPS | -17.6 | -5.17 | 3.42 | -22.54 | -1.17 | -1.82 | -6.89 | -7.94 | -5.22 | -5.22 |
Diluted EPS | -17.6 | -5.17 | -2.16 | -22.52 | -1.17 | -1.82 | -6.89 | -7.94 | -5.22 | -5.21 |
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