VNET Historical Income Statement

VNET Stock

USD 3.74 0.59 13.63%

Historical analysis of VNET Group income statement accounts such as Depreciation And Amortization of 1.9 B, Interest Expense of 214.8 M, Selling General Administrative of 471.2 M or Selling And Marketing Expenses of 229.1 M can show how well VNET Group DRC performed in making a profits. Evaluating VNET Group income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of VNET Group's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining VNET Group DRC latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether VNET Group DRC is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VNET Group DRC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

About VNET Income Statement Analysis

VNET Group DRC Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to VNET Group shareholders. The income statement also shows VNET investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

VNET Group Income Statement Chart

At this time, VNET Group's Depreciation And Amortization is comparatively stable compared to the past year. Other Operating Expenses is likely to gain to about 9.9 B in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 229.1 M in 2024.

Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit Total Operating Expenses

Total Revenue

Total revenue comprises all receipts VNET Group DRC generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of VNET Group DRC minus its cost of goods sold. It is profit before VNET Group operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most accounts from VNET Group's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into VNET Group DRC current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VNET Group DRC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

	2021	2022	2023	2024 (projected)
Interest Expense	335.0M	273.3M	312.2M	214.8M
Depreciation And Amortization	1.3B	1.6B	1.8B	1.9B

Interest Expense Depreciation And Amortization

VNET Group income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Minority Interest	Net Income From Continuing Ops	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.49	0.5	0.38	0.75	0.68	0.9	-0.45	-0.68	0.88	0.25	0.9	0.81	-0.58	-0.29	-0.64	0.88	-0.39	-0.08	0.61	-0.46	-0.65	0.91
Interest Expense	0.49		0.83	0.71	0.81	0.89	0.63	-0.2	-0.27	0.52	0.22	0.69	0.45	-0.4	-0.31	-0.43	0.51	0.23	-0.35	0.25	-0.63	-0.71	0.49
Selling General Administrative	0.5	0.83		0.87	0.82	0.88	0.66	-0.28	-0.22	0.63	0.29	0.72	0.48	-0.25	-0.13	-0.26	0.44	0.25	-0.19	0.16	-0.71	-0.44	0.48
Selling And Marketing Expenses	0.38	0.71	0.87		0.68	0.69	0.57	-0.33	-0.32	0.6	0.03	0.6	0.46	-0.34	-0.16	-0.32	0.29	0.3	-0.25	0.01	-0.51	-0.18	0.33
Total Revenue	0.75	0.81	0.82	0.68		0.96	0.82	-0.35	-0.38	0.8	0.39	0.88	0.63	-0.44	-0.26	-0.47	0.69	0.01	-0.2	0.4	-0.73	-0.62	0.85
Gross Profit	0.68	0.89	0.88	0.69	0.96		0.76	-0.23	-0.25	0.71	0.46	0.83	0.54	-0.31	-0.2	-0.36	0.67	0.02	-0.17	0.4	-0.7	-0.65	0.73
Other Operating Expenses	0.9	0.63	0.66	0.57	0.82	0.76		-0.69	-0.73	0.97	0.07	0.99	0.94	-0.67	-0.24	-0.7	0.72	-0.1	-0.11	0.28	-0.7	-0.61	0.84
Operating Income	-0.45	-0.2	-0.28	-0.33	-0.35	-0.23	-0.69		0.76	-0.66	0.49	-0.58	-0.84	0.63	0.03	0.59	-0.08	0.01	-0.05	0.38	0.46	0.15	-0.42
Ebit	-0.68	-0.27	-0.22	-0.32	-0.38	-0.25	-0.73	0.76		-0.66	0.54	-0.62	-0.87	0.86	0.39	0.87	-0.47	0.11	0.22	-0.1	0.3	0.37	-0.53
Research Development	0.88	0.52	0.63	0.6	0.8	0.71	0.97	-0.66	-0.66		0.14	0.95	0.9	-0.6	-0.19	-0.63	0.67	-0.18	-0.05	0.27	-0.63	-0.44	0.84
Ebitda	0.25	0.22	0.29	0.03	0.39	0.46	0.07	0.49	0.54	0.14		0.21	-0.22	0.47	0.17	0.41	0.39	-0.3	0.19	0.58	-0.13	-0.26	0.37
Cost Of Revenue	0.9	0.69	0.72	0.6	0.88	0.83	0.99	-0.58	-0.62	0.95	0.21		0.87	-0.61	-0.27	-0.65	0.76	-0.08	-0.16	0.36	-0.74	-0.66	0.87
Total Operating Expenses	0.81	0.45	0.48	0.46	0.63	0.54	0.94	-0.84	-0.87	0.9	-0.22	0.87		-0.71	-0.15	-0.74	0.58	-0.13	0.0	0.11	-0.54	-0.45	0.72
Income Before Tax	-0.58	-0.4	-0.25	-0.34	-0.44	-0.31	-0.67	0.63	0.86	-0.6	0.47	-0.61	-0.71		0.75	0.99	-0.39	-0.16	0.64	-0.03	0.52	0.47	-0.49
Total Other Income Expense Net	-0.29	-0.31	-0.13	-0.16	-0.26	-0.2	-0.24	0.03	0.39	-0.19	0.17	-0.27	-0.15	0.75		0.74	-0.27	-0.26	0.95	-0.19	0.39	0.42	-0.23
Net Income	-0.64	-0.43	-0.26	-0.32	-0.47	-0.36	-0.7	0.59	0.87	-0.63	0.41	-0.65	-0.74	0.99	0.74		-0.48	-0.1	0.61	-0.13	0.51	0.53	-0.54
Income Tax Expense	0.88	0.51	0.44	0.29	0.69	0.67	0.72	-0.08	-0.47	0.67	0.39	0.76	0.58	-0.39	-0.27	-0.48		-0.29	-0.09	0.84	-0.34	-0.73	0.79
Minority Interest	-0.39	0.23	0.25	0.3	0.01	0.02	-0.1	0.01	0.11	-0.18	-0.3	-0.08	-0.13	-0.16	-0.26	-0.1	-0.29		-0.51	-0.38	-0.47	-0.03	-0.31
Net Income From Continuing Ops	-0.08	-0.35	-0.19	-0.25	-0.2	-0.17	-0.11	-0.05	0.22	-0.05	0.19	-0.16	0.0	0.64	0.95	0.61	-0.09	-0.51		-0.04	0.43	0.35	-0.05
Tax Provision	0.61	0.25	0.16	0.01	0.4	0.4	0.28	0.38	-0.1	0.27	0.58	0.36	0.11	-0.03	-0.19	-0.13	0.84	-0.38	-0.04		0.01	-0.55	0.56
Interest Income	-0.46	-0.63	-0.71	-0.51	-0.73	-0.7	-0.7	0.46	0.3	-0.63	-0.13	-0.74	-0.54	0.52	0.39	0.51	-0.34	-0.47	0.43	0.01		0.55	-0.54
Net Interest Income	-0.65	-0.71	-0.44	-0.18	-0.62	-0.65	-0.61	0.15	0.37	-0.44	-0.26	-0.66	-0.45	0.47	0.42	0.53	-0.73	-0.03	0.35	-0.55	0.55		-0.62
Reconciled Depreciation	0.91	0.49	0.48	0.33	0.85	0.73	0.84	-0.42	-0.53	0.84	0.37	0.87	0.72	-0.49	-0.23	-0.54	0.79	-0.31	-0.05	0.56	-0.54	-0.62

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VNET Group Account Relationship Matchups

VNET Group income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	171.9K	989.0M	1.3B	1.6B	1.8B	1.9B
Interest Expense	346.0M	380.6M	335.0M	273.3M	312.2M	214.8M
Selling General Administrative	415.3M	535.1M	842.4M	642.9M	541.9M	471.2M
Selling And Marketing Expenses	206.3M	235.0M	255.4M	311.9M	266.2M	229.1M
Total Revenue	3.8B	4.8B	6.2B	7.1B	7.4B	3.8B
Gross Profit	939.4M	1.1B	1.4B	1.4B	1.3B	851.8M
Other Operating Expenses	3.6B	4.6B	6.1B	6.9B	9.4B	9.9B
Operating Income	(452.5M)	198.2M	(261.9M)	166.1M	(2.0B)	(1.9B)
Ebit	319.6M	(981.4M)	133.4M	121.2M	(2.2B)	(2.1B)
Research Development	88.8M	112.9M	188.5M	306.8M	322.2M	338.3M
Ebitda	319.7M	7.6M	1.4B	1.7B	(366.6M)	(348.2M)
Cost Of Revenue	2.8B	3.8B	4.8B	5.7B	6.1B	6.4B
Total Operating Expenses	705.1M	877.8M	1.3B	1.2B	3.3B	3.4B
Income Before Tax	(125.3M)	(2.6B)	665.2M	(630.5M)	(2.5B)	(2.4B)
Total Other Income Expense Net	327.2M	(2.7B)	643.9M	(751.6M)	(511.9M)	(486.3M)
Net Income	(130.7M)	(2.7B)	500.1M	(763.9M)	(2.6B)	(2.5B)
Income Tax Expense	5.4M	109.3M	111.4M	133.5M	114.4M	120.1M
Minority Interest	278.6M	332.5M	(15.0M)	(14.0M)	(34.0M)	(32.3M)
Net Income Applicable To Common Shares	(182.3M)	(3.2B)	494.3M	(776.0M)	(698.4M)	(733.3M)
Net Income From Continuing Ops	(181.2M)	(2.7B)	515.1M	(762.0M)	(231.3M)	(242.9M)
Tax Provision	5.4M	109.3M	111.4M	133.5M	63.8M	48.2M
Interest Income	54.6M	31.7M	31.9M	31.6M	37.4M	34.0M
Net Interest Income	(291.3M)	(348.9M)	(303.1M)	(241.7M)	(268.9M)	(282.3M)
Reconciled Depreciation	772.2M	989.0M	1.3B	1.6B	1.8B	1.2B

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VNET Historical Income Statement

About VNET Income Statement Analysis

VNET Group Income Statement Chart

Total Revenue

Gross Profit

Total Operating Expenses

VNET Group income statement Correlations

VNET Group Account Relationship Matchups

High Positive Relationship

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VNET Group income statement Accounts

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Cost Of Revenue	+ 0.99	Other Operating Expenses
Net Income	+ 0.99	Income Before Tax
Research Development	+ 0.97	Other Operating Expenses
Gross Profit	+ 0.96	Total Revenue
Cost Of Revenue	+ 0.95	Research Development
Net Income From Continuing Ops	+ 0.95	Total Other Income Expense Net

Total Operating Expenses	- 0.87	Ebit
Total Operating Expenses	- 0.84	Operating Income
Net Income	- 0.74	Total Operating Expenses
Interest Income	- 0.74	Cost Of Revenue
Net Interest Income	- 0.73	Income Tax Expense
Ebit	- 0.73	Other Operating Expenses