VNET Group, Inc. (VNET) Return on equity 2016–2019
VNET Group, Inc. (VNET) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-3.7%FY2019 · since FY2016: -10.3% → -3.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2019 | -3.7% | +0.3 pp |
| FY2018 | -4.0% | +11.3 pp |
| FY2017 | -15.3% | -5.0 pp |
| FY2016 | -10.3% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice