VNET Group, Inc. (VNET) Gross margin 2016–2019
VNET Group, Inc. (VNET) gross margin by fiscal year — reported gross profit divided by reported revenue.
24.8%FY2019 · since FY2016: 19.6% → 24.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2019 | 24.8% | -3.0 pp |
| FY2018 | 27.8% | +5.4 pp |
| FY2017 | 22.4% | +2.8 pp |
| FY2016 | 19.6% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice