VNET Gross Profit from 2010 to 2024

VNET Stock  USD 3.69  0.06  1.60%   
VNET Group Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit will likely drop to about 851.8 M in 2024. Gross Profit is the profit VNET Group DRC makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-03-31
Previous Quarter
424.9 M
Current Value
491.7 M
Quarterly Volatility
109.1 M
 
Credit Downgrade
 
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 Gross Profit Growth Pattern

Below is the plot of the Gross Profit of VNET Group DRC over the last few years. 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. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. VNET Group's Gross Profit 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.
ViewLast Reported 1.36 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

VNET Gross Profit Regression Statistics

Arithmetic Mean822,585,487
Geometric Mean691,318,740
Coefficient Of Variation46.99
Mean Deviation289,862,321
Median851,791,306
Standard Deviation386,542,590
Sample Variance149415.2T
Range1.4B
R-Value0.87
Mean Square Error39558.4T
R-Squared0.75
Significance0.000027
Slope75,060,758
Total Sum of Squares2091812.4T

VNET Gross Profit History

2024851.8 M
20231.3 B
20221.4 B
20211.4 B
20201.1 B
2019939.4 M
2018944.9 M

Other Fundumenentals of VNET Group DRC

VNET Group Gross Profit component correlations

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0.960.550.91-0.950.680.79-0.160.990.890.850.870.90.93-0.260.97-0.570.40.580.470.380.680.93-0.920.04
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0.770.760.70.68-0.670.90.450.730.710.520.850.630.72-0.320.7-0.620.30.36-0.060.060.640.71-0.49-0.09
0.840.770.760.79-0.770.90.270.810.750.550.80.670.83-0.220.8-0.630.420.30.040.320.680.85-0.660.0
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0.31-0.190.30.47-0.4-0.060.04-0.760.410.410.70.230.490.20.130.380.190.070.480.040.140.37-0.560.04
0.310.070.370.38-0.40.060.32-0.350.360.220.150.130.270.47-0.040.37-0.280.140.130.040.180.48-0.460.15
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0.890.60.820.93-0.920.710.85-0.150.910.780.70.760.780.93-0.340.92-0.570.510.440.370.480.68-0.860.13
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0.140.280.180.04-0.21-0.090.00.060.10.130.17-0.030.080.09-0.080.12-0.250.2-0.150.040.150.190.13-0.26
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About VNET Group Financial Statements

VNET Group shareholders use historical fundamental indicators, such as Gross Profit, 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
Gross Profit1.3 B851.8 M
Gross Profit Margin 0.17  0.26 

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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.