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VNET Group (VNET Group) Other Long Term Assets : $109 Mil (As of Dec. 2023)


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What is VNET Group Other Long Term Assets?

VNET Group's other long-term assets for the quarter that ended in Dec. 2023 was $109 Mil.

VNET Group's quarterly other long-term assets increased from Jun. 2023 ($114 Mil) to Sep. 2023 ($114 Mil) but then stayed the same from Sep. 2023 ($114 Mil) to Dec. 2023 ($109 Mil).

VNET Group's annual other long-term assets declined from Dec. 2021 ($335 Mil) to Dec. 2022 ($107 Mil) but then increased from Dec. 2022 ($107 Mil) to Dec. 2023 ($109 Mil).

VNET Group Other Long Term Assets Historical Data

The historical data trend for VNET Group's Other Long Term Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

VNET Group Other Long Term Assets Chart

VNET Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Long Term Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.32 281.70 335.00 107.31 109.50

VNET Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Other Long Term Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 107.31 111.23 113.76 114.43 109.50

VNET Group Other Long Term Assets Calculation

GuruFocus lists Investments And Advances, Intangible Assets, Property, Plant and Equipment and Other Long Term Assets under the "Total Long-Term Assets" section.

Other Long Term Assets includes following items:
Investment in Properties
Non-current Accounts Receivable
Non-current Note Receivables
Non-current Deferred Assets
Non-current Prepaid Assets
Defined Pension Benefit
Other (too numerous to list)
Some companies can do choose to report each of these items separately. Yet, there are a variety of Other Long Term Assets which are simply too numerous to list.

VNET Group (VNET Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » VNET Group Inc (NAS:VNET) » Definitions » Other Long Term Assets
Comparable Companies
CTLP DMRC HCKT IBEX CNDT INOD III BBAI UIS NOTE ACN NSE:TCS IBM NSE:INFY FI NSE:HCLTECH CTSH XPAR:CAP FIS CDW
Traded in Other Exchanges
217A:Germany
Address
No. 10 Jiuxianqiao East Road, Guanjie Building Southeast 1st Floor, Chaoyang District, Beijing, CHN, 100016
Website
https://www.vnet.com
VNET started as AsiaCloud in 1999 and moved to the data center business with its first self-developed data center opening in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At end-September 2023 it had 84,608 self-built cabinets with the majority in Beijing, Shanghai, and the Greater Bay area. It also operated partnered data centers with around 4,314 cabinets and had 476 MW of wholesale capacity contracted or under a memorandum of understanding.