VNET Group (VNET Group) Change In Prepaid Assets : $-53 Mil (TTM As of Dec. 2023)

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What is VNET Group Change In Prepaid Assets?

VNET Group's Change In Prepaid Assets for the quarter that ended in Dec. 2023 was $-1 Mil. It means VNET Group's Prepaid Assets declined by $1 Mil from Sep. 2023 to Dec. 2023 .

VNET Group's Change In Prepaid Assets for the fiscal year that ended in Dec. 2023 was $-51 Mil. It means VNET Group's Prepaid Assets declined by $51 Mil from Dec. 2022 to Dec. 2023 .

VNET Group Change In Prepaid Assets Historical Data

The historical data trend for VNET Group's Change In Prepaid 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.

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VNET Group Change In Prepaid Assets Chart

VNET Group Annual Data

Trend

Dec14

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Dec20

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Dec23

Change In Prepaid Assets

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-46.80

-17.91

11.56

89.21

-51.23

VNET Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Prepaid Assets	Get a 7-Day Free Trial															18.18	-54.99	9.86	-6.63	-1.27

VNET Group Change In Prepaid Assets Calculation

Change In Prepaid Assets is any increase or decrease between periods of the prepaid assets.

Change In Prepaid Assets for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-53 Mil.

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VNET Group (VNET Group) Business Description

Industry

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Comparable Companies

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.