Financial Statements

VNET Group, Inc. (VNET)

$5.25

-0.04 (-0.76%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) -7,235-4,038-3,838-3,629-
Net Income 500-2,709-182-205-773
Stock Dividends -855-487-18-4-2,857
Dividend Paid -----
Retained Earnings -7,590-7,235-4,038-3,838-3,629

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 9,4326,6654,0313,319-
Annual Depreciation 6,3565,2703,9341,1653,734
Capital Expenditure -2,826-2,503-1,300-453-415
Net PPE 12,9629,4326,6654,0313,319

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -990990990995
New Purchases -918-352-446-328-70
Intangible and Goodwill 9909909909951,340

VNET Group, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes VNET Group, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.