VNET Group's revenue per share for the
three
months ended in Sep. 2023 was $1.75.
VNET Group's revenue per share for the trailing twelve months (TTM) ended in Sep. 2023 was $6.78.
Warning Sign:
VNET Group Inc revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue Per Share Growth Rate of VNET Group was -2.80% per year.
During the past 3 years, the average Revenue Per Share Growth Rate was 12.30% per year.
During the past 5 years, the average Revenue Per Share Growth Rate was 10.10% per year.
During the past 10 years, the average Revenue Per Share Growth Rate was 1.90% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate.
The historical rank and industry rank for VNET Group's Revenue per Share or its related term are showing as below:
VNET'
s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -13.9 Med: 10.4 Max: 39.6
Current: 12.3
During the past 13 years, VNET Group's highest 3-Year average Revenue Per Share Growth Rate was 39.60% per year. The lowest was -13.90% per year. And the median was 10.40% per year.
VNET's 3-Year Revenue Growth Rate is ranked better than 58.66% of 2448
companies
in the Software industry
Industry Median: 8.8
vs VNET: 12.30
VNET Group Revenue per Share Historical Data
The historical data trend for VNET Group's Revenue per Share 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.
Competitive Comparison of VNET Group's Revenue per Share
For the Information Technology Services subindustry, VNET Group's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
VNET Group's PS Ratio Distribution in the Software Industry
For the Software industry and Technology sector, VNET Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where VNET Group's PS Ratio falls into.
VNET Group Revenue per Share Calculation
Revenue per Share is the amount of Revenue per outstanding share of the company's stock.
Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.
VNET Group's Revenue Per Share for the fiscal year that ended in Dec. 2022 is calculated as
Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.78
* 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 (NAS:VNET) Revenue per Share Explanation
In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.
Peter Lynch categorized companies according to their revenue growth:
His favorite companies are stalwart, those growing between 10-20% a year.
Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.
Be Aware
Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.
VNET Group Revenue per Share Related Terms
Thank you for viewing the detailed overview of VNET Group's Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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