VNET Net Tangible Assets from 2010 to 2024

VNET Stock  USD 3.75  0.58  13.39%   
VNET Group Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets will likely drop to about 2.8 B in 2024. Net Tangible Assets is the total assets of VNET Group DRC minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2013-12-31
Previous Quarter
B
Current Value
B
Quarterly Volatility
1.7 B
 
Yuan Drop
 
Covid
Check VNET Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VNET Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 B, Interest Expense of 214.8 M or Selling General Administrative of 471.2 M, as well as many indicators such as Price To Sales Ratio of 0.39, Dividend Yield of 3.0E-4 or PTB Ratio of 0.48. VNET financial statements analysis is a perfect complement when working with VNET Group Valuation or Volatility modules.
  
Check out the analysis of VNET Group Correlation against competitors.

Latest VNET Group's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of VNET Group DRC over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. VNET Group's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in VNET Group's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

VNET Net Tangible Assets Regression Statistics

Arithmetic Mean2,492,987,080
Coefficient Of Variation60.96
Mean Deviation1,217,544,556
Median3,172,271,000
Standard Deviation1,519,636,285
Sample Variance2309294.4T
Range5.7B
R-Value0.63
Mean Square Error1514259.3T
R-Squared0.39
Significance0.01
Slope212,508,414
Total Sum of Squares32330122.1T

VNET Net Tangible Assets History

20242.8 B
20233.6 B
20223.2 B
20214.7 B
20203.6 B
20193.3 B
20183.6 B

About VNET Group Financial Statements

VNET Group shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although VNET Group investors may analyze each financial statement separately, they are all interrelated. The changes in VNET Group's assets and liabilities, for example, are also reflected in the revenues and expenses on on VNET Group's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Tangible Assets3.6 B2.8 B

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Additional Tools for VNET Stock Analysis

When running VNET Group's price analysis, check to measure VNET Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy VNET Group is operating at the current time. Most of VNET Group's value examination focuses on studying past and present price action to predict the probability of VNET Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VNET Group's price. Additionally, you may evaluate how the addition of VNET Group to your portfolios can decrease your overall portfolio volatility.