VNET (VNET Group) Issuance of Debt: $1,897 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

VNET VNET Group Inc VNET
57 GF Score
Price $7.01
GF Value $4.37
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is VNET Group Issuance of Debt?

VNET Group VNET -2.84% 57 Issuance of Debt is $1,897 Mil as of Mar. 2026. GuruFocus rates VNET with a GF Score™ of 57/100 and a GF Value™ of $4.37 (Significantly Overvalued). The stock has 8 warning signs investors should review.

VNET Group's Issuance of Debt for the three months ended in Mar. 2026 was $952 Mil.

VNET Group's Issuance of Debt for the trailing twelve months (TTM) ended in Mar. 2026 was $1,897 Mil.


VNET Group Issuance of Debt Related Terms


VNET Group Issuance of Debt Historical Data

* Premium members only.

The historical data trend for VNET Group's Issuance of Debt 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.

VNET Group Issuance of Debt Chart

VNET Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Issuance of Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 885.32 426.66 450.12 779.73 1,716.43

VNET Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Issuance of Debt 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 686.67 -553.36 262.21 1,235.92 951.83
VNET
57GF Score
VNET Group Inc VNET
Issuance of Debt is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VNET Group Issuance of Debt Calculation

Issuance of Debt represents all the cash inflow from debt, including both long-term debt and short-term debt.

Issuance of Debt for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,897 Mil.

* 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.

Frequently Asked Questions Learn more about Issuance of Debt →
What does a Issuance of Debt of $1,897 Mil mean?
VNET Group (VNET) has a Issuance of Debt of $1,897 Mil as of Mar. 2026. Issuance of Debt is all the cash inflow from debt, including both long-term debt and short-term debt. View historical data on VNET Group and its competitors.
Is VNET Group's Issuance of Debt too high?
VNET Group's current Issuance of Debt is $1,897 Mil. Overall, VNET Group has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VNET Group's Issuance of Debt compare to INOD and SHAZ?
VNET Group's Issuance of Debt of $1,897 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Issuance of Debt for a Software company?
A good Issuance of Debt depends on the Software industry context. However, Issuance of Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Issuance of Debt mean?
A high Issuance of Debt can signal that a stock is expensive relative to its fundamentals. Issuance of Debt is all the cash inflow from debt, including both long-term debt and short-term debt. View historical data on VNET Group and its competitors. VNET Group's current Issuance of Debt is $1,897 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VNET Group stock overvalued right now?
Based on GuruFocus' analysis, VNET Group (VNET) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.37, compared to a current price of $7.01 — trading 60.4% above its estimated fair value. The current Issuance of Debt is $1,897 Mil. VNET Group's overall GF Score™ is 57/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Issuance of Debt calculated?
Issuance of Debt is calculated from a company's financial statements. For VNET Group (VNET), the current Issuance of Debt is $1,897 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is VNET Group (VNET) Overvalued in 2026?

Based on GuruFocus' analysis, VNET Group stock appears to be overvalued. The current stock price of $7.01 is trading 60.4% above its estimated GF Value™ of $4.37. GuruFocus considers VNET Group to be Significantly Overvalued.

Key valuation signals for VNET:

  • Issuance of Debt: $1,897 Mil
  • GF Value™: $4.37 vs. price of $7.01 (60.4% above fair value)
  • GF Score™: 57/100 with 8 warning signs

No single metric tells the full story. See the VNET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VNET Group Business Description

Other Exchanges 217A:Germany
Address No. 10 Jiuxianqiao East Road, Guanjie Building Southeast 1st Floor, Chaoyang District, Beijing, CHN, 100016
VNET started as AsiaCloud in 1999 and moved into the data center business, opening its first self-developed data center 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 the end of December 2025, it had 49,863 retail cabinets, with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 889 MW of wholesale capacity in service, with a further 452 MW under construction and a further 840 MW held for future development.
57GF Score

Get the complete analysis for VNET

Issuance of Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.01
Price
$4.37
GF Value