VNET Group, Inc. ADR
VNET Group, Inc. ADR is an internet data center services company focused on carrier- and cloud-neutral infrastructure in China. VNET Group provides data center hosting, colocation, managed hosting, interconnectivity, cloud services, and business VPN solutions that support the reliability, security, and performance of customers’ digital operations. Its services are used by internet companies, government entities, blue-chip enterprises, and small and mid-sized businesses across a range of industries. The company plays a central role in enabling enterprise connectivity and data management for organizations that need secure, scalable IT infrastructure. VNET Group is headquartered in Beijing, China, and operates as a key participant in the country’s internet services and infrastructure market.
$3.92
-$0.49 (-11.02%)
EOD Oct 16, 2026
Operating margin is thin at 7.84%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 20.5%, still solid.
Negative free cash flow of -¥5.95B. The business is consuming cash, not generating it.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
¥10.74B
▲ +20.5% YoY
Net Income (TTM)
-¥415M
▼ -153.7% YoY
Op. Margin
7.77%
▼ -0.3pp YoY
ROIC
1.26%
▼ -0.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-¥7.36B
▼ -90.5% YoY
Op. Cash Flow (TTM)
¥1.94B
▲ +38.6% YoY
Net Debt
¥22.27B
Cash & Equiv.
¥5.90B
3Y CAGR: +12.1%
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Is VNET Group, Inc. ADR (VNET) overvalued?
VNET Group, Inc. ADR (VNET)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, VNET Group, Inc. ADR scores 30/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
Is VNET Group, Inc. ADR a high-quality business?+
VNET Group, Inc. ADR scores 30 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 7.8% operating margin and a 1.3% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Is VNET Group, Inc. ADR a good stock to buy right now?+
That depends on valuation and quality together, not either alone. you should weigh VNET's valuation and scores 30/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.