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
More VNET financial trends
VNET RevenueVNET Net incomeVNET Net marginVNET Gross profitVNET Gross marginVNET Operating incomeVNET Operating marginVNET Operating cash flowVNET Free cash flowVNET Capital expendituresVNET Stock buybacksVNET Dividends paidVNET Total assetsVNET Total liabilitiesVNET Shareholders’ equityVNET overview →