21Vianet (VNET) Balance Sheet

9.245
+0.435+4.94%

Trading Mar 25 10:18 ET

2.49BMarket Cap-66.51P/E (TTM)

Quarterly+Annual

YOY

Hide blank lines

(FY)Dec 31, 2025

(Q4)Dec 31, 2025

(Q3)Sep 30, 2025

(Q2)Jun 30, 2025

(Q1)Mar 31, 2025

(FY)Dec 31, 2024

(Q4)Dec 31, 2024

(Q3)Sep 30, 2024

(Q2)Jun 30, 2024

(Q1)Mar 31, 2024

Assets

Current assets

Cash, cash equivalents and short term investments

295.51%5.9B

208.24%4.75B

120.94%4.16B

122.77%3.97B

-42.61%1.49B

-42.99%1.54B

-24.87%1.88B

-38.87%1.78B

-Cash and cash equivalents

270.10%5.52B

129.73%3.5B

62.48%2.92B

121.57%3.95B

-33.48%1.49B

-43.58%1.52B

-23.99%1.8B

-38.87%1.78B

-Short-term investments

--379.2M

7,746.81%1.25B

1,315.92%1.24B

--21.49M

--0

--15.88M

-39.20%87.87M

--0

Receivables

-20.98%2.65B

18.14%2.57B

21.87%2.62B

6.41%2.41B

15.42%3.36B

-7.29%2.18B

-4.68%2.15B

0.57%2.27B

-Accounts receivable

20.43%2.22B

18.06%2.2B

22.94%2.22B

4.11%2.03B

-3.06%1.85B

-10.92%1.86B

-10.80%1.8B

-3.58%1.95B

-Loans receivable

----

593.88%40.16M

----

-Notes receivable

----

-67.93%280K

----

-Accrued interest receivable

----

1.50%540K

----

-Taxes receivable

----

45.69%1.32B

----

-Related party accounts receivable

27.66%429.41M

18.63%376.79M

16.30%401.72M

20.46%382.73M

21.33%336.36M

21.90%317.62M

48.55%345.41M

36.65%317.72M

-Recievables adjustments allowances

----

-0.61%-189.5M

----

Prepaid assets

----

-3.67%1.33B

----

Restricted cash

20.19%656.01M

-3.51%536.75M

35.26%458.32M

479.28%1.77B

-80.88%545.8M

73.39%556.27M

33.88%338.85M

-5.93%306.31M

Other current assets

2,230.14%2.24B

16.36%3.1B

9.96%2.94B

20.24%2.98B

19.64%96.2M

4.47%2.67B

5.17%2.67B

-3.41%2.48B

Total current assets

67.91%11.45B

57.91%10.96B

44.49%10.18B

62.96%11.14B

-30.57%6.82B

-12.41%6.94B

-6.77%7.04B

-15.22%6.84B

Non current assets

Net PPE

26.62%27.65B

39.41%27.28B

33.48%24.92B

31.24%23.39B

28.16%21.83B

14.88%19.57B

14.66%18.67B

10.24%17.82B

-Gross PPE

-8.86%27.65B

39.41%27.28B

33.48%24.92B

31.24%23.39B

23.17%30.33B

14.88%19.57B

14.66%18.67B

10.24%17.82B

-Accumulated depreciation

----

-11.96%-8.5B

----

Goodwill and other intangible assets

32.37%2.87B

46.87%2.84B

46.86%2.84B

41.30%2.77B

9.27%2.17B

-42.71%1.94B

-43.30%1.93B

-42.87%1.96B

-Other intangible assets

32.37%2.87B

46.87%2.84B

46.86%2.84B

41.30%2.77B

9.27%2.17B

-3.93%1.94B

-5.51%1.93B

-5.11%1.96B

Investments and advances

33.72%1.06B

1.14%807.77M

-1.56%803.69M

3.62%788.12M

4.85%794.69M

6.72%798.64M

8.05%816.42M

214.25%760.55M

Related parties assets

27.66%429.41M

18.63%376.79M

16.30%401.72M

20.46%382.73M

21.33%336.36M

21.90%317.62M

48.55%345.41M

36.65%317.72M

Financial assets

65.26%11.19M

----

--16.31M

--6.77M

----

Non current deferred assets

-17.95%251.57M

23.66%382.59M

22.65%349.81M

21.65%309.43M

23.82%306.62M

2.84%309.39M

32.69%285.2M

24.45%254.36M

Other non current assets

206.03%1.3B

190.14%1.08B

66.49%621.05M

-18.45%422M

-20.64%423.97M

-27.80%372.38M

-37.80%373.03M

-7.94%517.46M

Total non current assets

29.78%33.14B

40.94%32.39B

33.78%29.53B

29.93%27.69B

24.19%25.54B

4.49%22.98B

3.83%22.07B

3.44%21.31B

Total assets

37.82%44.59B

44.88%43.35B

36.37%39.71B

37.95%38.83B

6.49%32.36B

0.02%29.93B

1.05%29.12B

-1.81%28.15B

Liabilities

Current liabilities

Payables

-69.21%1.31B

24.28%1.41B

3.45%1.21B

0.38%1.21B

29.58%4.26B

-2.51%1.13B

2.63%1.17B

62.51%1.21B

-accounts payable

4.60%741.88M

3.08%750.81M

3.79%754.37M

5.10%813.34M

1.88%709.26M

-4.85%728.36M

-2.27%726.83M

8.95%773.85M

-Total tax payable

30.55%154.34M

-12.51%45.1M

-28.69%44.16M

-9.84%48.75M

67.48%118.22M

25.73%51.55M

63.42%61.93M

78.26%54.07M

-Due to related parties current

16.93%415.89M

73.14%614.47M

8.06%409.64M

-7.75%351.97M

-0.11%355.68M

-0.75%354.9M

6.37%379.07M

10,332.70%381.52M

-Other payable

----

42.14%3.08B

----

Current accrued expenses

4,753.72%5.46B

83.40%4.64B

43.08%3.89B

27.61%3.74B

-44.64%112.48M

-1.79%2.53B

1.40%2.72B

22.92%2.93B

Current debt and capital lease obligation

46.02%4.55B

50.79%4.3B

49.13%3.92B

67.27%3.75B

-46.78%3.12B

-50.64%2.85B

-55.04%2.63B

-62.58%2.24B

-Current debt

60.85%3.23B

60.71%3B

62.97%2.73B

95.01%2.58B

-59.51%2.01B

-61.49%1.87B

-66.32%1.67B

-73.98%1.32B

-Current capital lease obligation

19.15%1.32B

31.93%1.3B

24.92%1.19B

27.22%1.17B

23.68%1.11B

6.34%982.74M

8.66%956.13M

1.96%916.67M

Current deferred liabilities

-23.74%1.12B

-1.28%1.83B

-12.26%1.43B

-17.01%1.42B

-13.78%1.47B

8.69%1.85B

6.00%1.63B

1.17%1.71B

Current liabilities

33.22%12.45B

45.54%12.17B

28.28%10.45B

25.11%10.11B

-18.31%9.34B

-25.44%8.36B

-27.30%8.14B

-25.14%8.08B

Non current liabilities

Long term debt and capital lease obligation

49.32%22.36B

64.02%22.36B

54.81%20.42B

59.18%19.87B

32.38%14.98B

25.23%13.63B

34.20%13.19B

27.16%12.48B

-Long term debt

72.98%16.72B

85.63%16.48B

73.41%14.65B

76.66%14.2B

40.41%9.67B

39.45%8.88B

54.39%8.45B

50.28%8.04B

-Long term capital lease obligation

6.27%5.64B

23.69%5.88B

21.65%5.76B

27.52%5.66B

19.89%5.31B

5.20%4.76B

8.83%4.74B

-0.54%4.44B

Non current deferred liabilities

9.17%1.1B

15.99%1.12B

16.54%1.12B

36.33%1.14B

20.97%1.01B

13.93%969.33M

20.85%959.04M

8.57%837.76M

Derivative product liabilities

----

--0

--185.3M

--185.18M

Other non current liabilities

10.09%118.73M

9.54%107.85M

12.94%98.46M

Total non current liabilities

46.54%23.58B

60.48%23.59B

49.97%21.64B

55.25%21.12B

29.42%16.09B

24.32%14.7B

34.77%14.43B

27.44%13.6B

Total liabilities

41.65%36.03B

55.06%35.76B

42.15%32.09B

44.01%31.23B

6.55%25.44B

0.09%23.06B

3.04%22.57B

0.99%21.69B

Shareholders'equity

Share capital

0.00%112K

2.75%112K

4.67%112K

81.67%109K

-common stock

0.00%112K

2.75%112K

4.67%112K

81.67%109K

Retained earnings

-2.45%-11.13B

-5.50%-11.43B

0.22%-11.12B

0.95%-11.1B

1.42%-10.86B

-23.72%-10.84B

-30.74%-11.14B

-35.18%-11.2B

Paid-in capital

0.36%17.36B

-0.10%17.24B

0.51%17.35B

-0.36%17.34B

0.04%17.3B

13.35%17.26B

13.41%17.26B

13.86%17.4B

Less: Treasury stock

10.62%179.09M

9.82%179.09M

-6.65%161.89M

-50.25%161.89M

-50.48%161.89M

0.73%163.07M

-50.38%173.43M

-6.89%325.43M

Gains losses not affecting retained earnings

83.05%162.69M

47.80%115.56M

61.03%97.47M

59.50%95.69M

34.11%88.88M

-10.67%78.19M

-26.00%60.53M

-23.50%59.99M

Total stockholders'equity

-2.32%6.22B

-9.33%5.75B

2.69%6.17B

4.07%6.18B

5.84%6.37B

-0.87%6.34B

-6.59%6.01B

-11.76%5.94B

Noncontrolling interests

322.77%2.35B

251.75%1.84B

170.41%1.45B

170.02%1.43B

10.99%554.92M

7.91%524.37M

12.78%536.12M

12.66%527.95M

Total equity

23.75%8.56B

10.62%7.59B

16.43%7.62B

17.63%7.6B

6.24%6.92B

-0.25%6.86B

-5.25%6.54B

-10.17%6.46B

Currency Unit

CNY

Accounting Standards

US-GAAP

Audit Opinions

Unqualified Opinion

	(FY)Dec 31, 2025	(Q4)Dec 31, 2025	(Q3)Sep 30, 2025	(Q2)Jun 30, 2025	(Q1)Mar 31, 2025	(FY)Dec 31, 2024	(Q4)Dec 31, 2024	(Q3)Sep 30, 2024	(Q2)Jun 30, 2024	(Q1)Mar 31, 2024
Assets
Current assets
Cash, cash equivalents and short term investments	295.51%5.9B	295.51%5.9B	208.24%4.75B	120.94%4.16B	122.77%3.97B	-42.61%1.49B	-42.61%1.49B	-42.99%1.54B	-24.87%1.88B	-38.87%1.78B
-Cash and cash equivalents	270.10%5.52B	270.10%5.52B	129.73%3.5B	62.48%2.92B	121.57%3.95B	-33.48%1.49B	-33.48%1.49B	-43.58%1.52B	-23.99%1.8B	-38.87%1.78B
-Short-term investments	--379.2M	--379.2M	7,746.81%1.25B	1,315.92%1.24B	--21.49M	--0	--0	--15.88M	-39.20%87.87M	--0
Receivables	-20.98%2.65B	-20.98%2.65B	18.14%2.57B	21.87%2.62B	6.41%2.41B	15.42%3.36B	15.42%3.36B	-7.29%2.18B	-4.68%2.15B	0.57%2.27B
-Accounts receivable	20.43%2.22B	20.43%2.22B	18.06%2.2B	22.94%2.22B	4.11%2.03B	-3.06%1.85B	-3.06%1.85B	-10.92%1.86B	-10.80%1.8B	-3.58%1.95B
-Loans receivable	----	----	----	----	----	593.88%40.16M	593.88%40.16M	----	----	----
-Notes receivable	----	----	----	----	----	-67.93%280K	-67.93%280K	----	----	----
-Accrued interest receivable	----	----	----	----	----	1.50%540K	1.50%540K	----	----	----
-Taxes receivable	----	----	----	----	----	45.69%1.32B	45.69%1.32B	----	----	----
-Related party accounts receivable	27.66%429.41M	27.66%429.41M	18.63%376.79M	16.30%401.72M	20.46%382.73M	21.33%336.36M	21.33%336.36M	21.90%317.62M	48.55%345.41M	36.65%317.72M
-Recievables adjustments allowances	----	----	----	----	----	-0.61%-189.5M	-0.61%-189.5M	----	----	----
Prepaid assets	----	----	----	----	----	-3.67%1.33B	-3.67%1.33B	----	----	----
Restricted cash	20.19%656.01M	20.19%656.01M	-3.51%536.75M	35.26%458.32M	479.28%1.77B	-80.88%545.8M	-80.88%545.8M	73.39%556.27M	33.88%338.85M	-5.93%306.31M
Other current assets	2,230.14%2.24B	2,230.14%2.24B	16.36%3.1B	9.96%2.94B	20.24%2.98B	19.64%96.2M	19.64%96.2M	4.47%2.67B	5.17%2.67B	-3.41%2.48B
Total current assets	67.91%11.45B	67.91%11.45B	57.91%10.96B	44.49%10.18B	62.96%11.14B	-30.57%6.82B	-30.57%6.82B	-12.41%6.94B	-6.77%7.04B	-15.22%6.84B
Non current assets
Net PPE	26.62%27.65B	26.62%27.65B	39.41%27.28B	33.48%24.92B	31.24%23.39B	28.16%21.83B	28.16%21.83B	14.88%19.57B	14.66%18.67B	10.24%17.82B
-Gross PPE	-8.86%27.65B	-8.86%27.65B	39.41%27.28B	33.48%24.92B	31.24%23.39B	23.17%30.33B	23.17%30.33B	14.88%19.57B	14.66%18.67B	10.24%17.82B
-Accumulated depreciation	----	----	----	----	----	-11.96%-8.5B	-11.96%-8.5B	----	----	----
Goodwill and other intangible assets	32.37%2.87B	32.37%2.87B	46.87%2.84B	46.86%2.84B	41.30%2.77B	9.27%2.17B	9.27%2.17B	-42.71%1.94B	-43.30%1.93B	-42.87%1.96B
-Other intangible assets	32.37%2.87B	32.37%2.87B	46.87%2.84B	46.86%2.84B	41.30%2.77B	9.27%2.17B	9.27%2.17B	-3.93%1.94B	-5.51%1.93B	-5.11%1.96B
Investments and advances	33.72%1.06B	33.72%1.06B	1.14%807.77M	-1.56%803.69M	3.62%788.12M	4.85%794.69M	4.85%794.69M	6.72%798.64M	8.05%816.42M	214.25%760.55M
Related parties assets	27.66%429.41M	27.66%429.41M	18.63%376.79M	16.30%401.72M	20.46%382.73M	21.33%336.36M	21.33%336.36M	21.90%317.62M	48.55%345.41M	36.65%317.72M
Financial assets	65.26%11.19M	65.26%11.19M	----	----	--16.31M	--6.77M	--6.77M	----	----	----
Non current deferred assets	-17.95%251.57M	-17.95%251.57M	23.66%382.59M	22.65%349.81M	21.65%309.43M	23.82%306.62M	23.82%306.62M	2.84%309.39M	32.69%285.2M	24.45%254.36M
Other non current assets	206.03%1.3B	206.03%1.3B	190.14%1.08B	66.49%621.05M	-18.45%422M	-20.64%423.97M	-20.64%423.97M	-27.80%372.38M	-37.80%373.03M	-7.94%517.46M
Total non current assets	29.78%33.14B	29.78%33.14B	40.94%32.39B	33.78%29.53B	29.93%27.69B	24.19%25.54B	24.19%25.54B	4.49%22.98B	3.83%22.07B	3.44%21.31B
Total assets	37.82%44.59B	37.82%44.59B	44.88%43.35B	36.37%39.71B	37.95%38.83B	6.49%32.36B	6.49%32.36B	0.02%29.93B	1.05%29.12B	-1.81%28.15B
Liabilities
Current liabilities
Payables	-69.21%1.31B	-69.21%1.31B	24.28%1.41B	3.45%1.21B	0.38%1.21B	29.58%4.26B	29.58%4.26B	-2.51%1.13B	2.63%1.17B	62.51%1.21B
-accounts payable	4.60%741.88M	4.60%741.88M	3.08%750.81M	3.79%754.37M	5.10%813.34M	1.88%709.26M	1.88%709.26M	-4.85%728.36M	-2.27%726.83M	8.95%773.85M
-Total tax payable	30.55%154.34M	30.55%154.34M	-12.51%45.1M	-28.69%44.16M	-9.84%48.75M	67.48%118.22M	67.48%118.22M	25.73%51.55M	63.42%61.93M	78.26%54.07M
-Due to related parties current	16.93%415.89M	16.93%415.89M	73.14%614.47M	8.06%409.64M	-7.75%351.97M	-0.11%355.68M	-0.11%355.68M	-0.75%354.9M	6.37%379.07M	10,332.70%381.52M
-Other payable	----	----	----	----	----	42.14%3.08B	42.14%3.08B	----	----	----
Current accrued expenses	4,753.72%5.46B	4,753.72%5.46B	83.40%4.64B	43.08%3.89B	27.61%3.74B	-44.64%112.48M	-44.64%112.48M	-1.79%2.53B	1.40%2.72B	22.92%2.93B
Current debt and capital lease obligation	46.02%4.55B	46.02%4.55B	50.79%4.3B	49.13%3.92B	67.27%3.75B	-46.78%3.12B	-46.78%3.12B	-50.64%2.85B	-55.04%2.63B	-62.58%2.24B
-Current debt	60.85%3.23B	60.85%3.23B	60.71%3B	62.97%2.73B	95.01%2.58B	-59.51%2.01B	-59.51%2.01B	-61.49%1.87B	-66.32%1.67B	-73.98%1.32B
-Current capital lease obligation	19.15%1.32B	19.15%1.32B	31.93%1.3B	24.92%1.19B	27.22%1.17B	23.68%1.11B	23.68%1.11B	6.34%982.74M	8.66%956.13M	1.96%916.67M
Current deferred liabilities	-23.74%1.12B	-23.74%1.12B	-1.28%1.83B	-12.26%1.43B	-17.01%1.42B	-13.78%1.47B	-13.78%1.47B	8.69%1.85B	6.00%1.63B	1.17%1.71B
Current liabilities	33.22%12.45B	33.22%12.45B	45.54%12.17B	28.28%10.45B	25.11%10.11B	-18.31%9.34B	-18.31%9.34B	-25.44%8.36B	-27.30%8.14B	-25.14%8.08B
Non current liabilities
Long term debt and capital lease obligation	49.32%22.36B	49.32%22.36B	64.02%22.36B	54.81%20.42B	59.18%19.87B	32.38%14.98B	32.38%14.98B	25.23%13.63B	34.20%13.19B	27.16%12.48B
-Long term debt	72.98%16.72B	72.98%16.72B	85.63%16.48B	73.41%14.65B	76.66%14.2B	40.41%9.67B	40.41%9.67B	39.45%8.88B	54.39%8.45B	50.28%8.04B
-Long term capital lease obligation	6.27%5.64B	6.27%5.64B	23.69%5.88B	21.65%5.76B	27.52%5.66B	19.89%5.31B	19.89%5.31B	5.20%4.76B	8.83%4.74B	-0.54%4.44B
Non current deferred liabilities	9.17%1.1B	9.17%1.1B	15.99%1.12B	16.54%1.12B	36.33%1.14B	20.97%1.01B	20.97%1.01B	13.93%969.33M	20.85%959.04M	8.57%837.76M
Derivative product liabilities	----	----	----	----	----	--0	--0	--0	--185.3M	--185.18M
Other non current liabilities	10.09%118.73M	10.09%118.73M	9.54%107.85M	9.54%107.85M	9.54%107.85M	9.54%107.85M	9.54%107.85M	12.94%98.46M	12.94%98.46M	12.94%98.46M
Total non current liabilities	46.54%23.58B	46.54%23.58B	60.48%23.59B	49.97%21.64B	55.25%21.12B	29.42%16.09B	29.42%16.09B	24.32%14.7B	34.77%14.43B	27.44%13.6B
Total liabilities	41.65%36.03B	41.65%36.03B	55.06%35.76B	42.15%32.09B	44.01%31.23B	6.55%25.44B	6.55%25.44B	0.09%23.06B	3.04%22.57B	0.99%21.69B
Shareholders'equity
Share capital	0.00%112K	0.00%112K	2.75%112K	2.75%112K	2.75%112K	4.67%112K	4.67%112K	81.67%109K	81.67%109K	81.67%109K
-common stock	0.00%112K	0.00%112K	2.75%112K	2.75%112K	2.75%112K	4.67%112K	4.67%112K	81.67%109K	81.67%109K	81.67%109K
Retained earnings	-2.45%-11.13B	-2.45%-11.13B	-5.50%-11.43B	0.22%-11.12B	0.95%-11.1B	1.42%-10.86B	1.42%-10.86B	-23.72%-10.84B	-30.74%-11.14B	-35.18%-11.2B
Paid-in capital	0.36%17.36B	0.36%17.36B	-0.10%17.24B	0.51%17.35B	-0.36%17.34B	0.04%17.3B	0.04%17.3B	13.35%17.26B	13.41%17.26B	13.86%17.4B
Less: Treasury stock	10.62%179.09M	10.62%179.09M	9.82%179.09M	-6.65%161.89M	-50.25%161.89M	-50.48%161.89M	-50.48%161.89M	0.73%163.07M	-50.38%173.43M	-6.89%325.43M
Gains losses not affecting retained earnings	83.05%162.69M	83.05%162.69M	47.80%115.56M	61.03%97.47M	59.50%95.69M	34.11%88.88M	34.11%88.88M	-10.67%78.19M	-26.00%60.53M	-23.50%59.99M
Total stockholders'equity	-2.32%6.22B	-2.32%6.22B	-9.33%5.75B	2.69%6.17B	4.07%6.18B	5.84%6.37B	5.84%6.37B	-0.87%6.34B	-6.59%6.01B	-11.76%5.94B
Noncontrolling interests	322.77%2.35B	322.77%2.35B	251.75%1.84B	170.41%1.45B	170.02%1.43B	10.99%554.92M	10.99%554.92M	7.91%524.37M	12.78%536.12M	12.66%527.95M
Total equity	23.75%8.56B	23.75%8.56B	10.62%7.59B	16.43%7.62B	17.63%7.6B	6.24%6.92B	6.24%6.92B	-0.25%6.86B	-5.25%6.54B	-10.17%6.46B
Currency Unit	CNY	CNY	CNY	CNY	CNY	CNY	CNY	CNY	CNY	CNY
Accounting Standards	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP
Audit Opinions	--	--	--	--	--	Unqualified Opinion	--	--	--	--

On March 25 Eastern Time, according to Fars News, an Iranian media outlet, Iran stated that it would not accept a ceasefire and would not en Show More

富哥搞钱

Feb 28 17:22

Breaking! The US and Israel jointly bombed Iran. What will be the stock market trend next week?

牛牛課堂

Mar 4 17:09

Long-term answers | Your account on the left shrinks, while your right hand is chased by the times — Be the person that no bombardment can ever wipe out.