VNET Return On Tangible Assets from 2010 to 2024

VNET Stock  USD 3.75  0.58  13.39%   
VNET Group Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets will likely drop to -0.1 in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
(0.09)
Current Value
(0.1)
Quarterly Volatility
0.05172897
 
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 Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of VNET Group DRC over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. VNET Group's Return On 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.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

VNET Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.04)
Geometric Mean0.04
Coefficient Of Variation(116.40)
Mean Deviation0.04
Median(0.03)
Standard Deviation0.05
Sample Variance0
Range0.1785
R-Value(0.45)
Mean Square Error0
R-Squared0.20
Significance0.09
Slope(0.01)
Total Sum of Squares0.04

VNET Return On Tangible Assets History

2024 -0.0977
2023 -0.0931
2022 -0.0325
2021 0.0244
2020 -0.15
2019 -0.0103
2018 -0.0212

About VNET Group Financial Statements

VNET Group shareholders use historical fundamental indicators, such as Return On 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
Return On Tangible Assets(0.09)(0.10)

Thematic Opportunities

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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.