VNET Group (FRA:217A) Short-Term Capital Lease Obligation : €149 Mil (As of Mar. 2025)

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What is VNET Group Short-Term Capital Lease Obligation?

VNET Group's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was €149 Mil.

VNET Group's quarterly Short-Term Capital Lease Obligation increased from Sep. 2024 (€125 Mil) to Dec. 2024 (€145 Mil) and increased from Dec. 2024 (€145 Mil) to Mar. 2025 (€149 Mil).

VNET Group's annual Short-Term Capital Lease Obligation declined from Dec. 2022 (€119 Mil) to Dec. 2023 (€115 Mil) but then increased from Dec. 2023 (€115 Mil) to Dec. 2024 (€145 Mil).

VNET Group Short-Term Capital Lease Obligation Historical Data

The historical data trend for VNET Group's Short-Term Capital Lease Obligation 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 Short-Term Capital Lease Obligation Chart

VNET Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Short-Term Capital Lease Obligation

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107.62

118.39

119.23

115.07

145.35

VNET Group Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															117.11	122.44	125.13	145.35	148.81

VNET Group Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

VNET Group Short-Term Capital Lease Obligation Related Terms

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VNET Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » VNET Group Inc (FRA:217A) » Definitions » Short-Term Capital Lease Obligation

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Traded in Other Exchanges

VNET:USA 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 the end of March 2025, it had 51,960 retail cabinets with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 573 MW of wholesale capacity in service with a further 377 MW under construction and a further 670 MW held for future development.

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