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Last $17.97 USD
Change Today +1.22 / 7.28%
Volume 1.8M
VNET On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 8:10 PM 08/27/15 All times are local (Market data is delayed by at least 15 minutes).

21vianet group inc-adr (VNET) Snapshot

Open
$16.65
Previous Close
$16.75
Day High
$18.75
Day Low
$16.65
52 Week High
08/28/14 - $30.95
52 Week Low
09/10/14 - $14.23
Market Cap
1.6B
Average Volume 10 Days
1.2M
EPS TTM
$-5.04
Shares Outstanding
76.0M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for 21VIANET GROUP INC-ADR (VNET)

21vianet group inc-adr (VNET) Related Businessweek News

No Related Businessweek News Found

21vianet group inc-adr (VNET) Details

21Vianet Group, Inc. provides carrier-neutral Internet data center services to Internet companies, government entities, blue-chip enterprises, and small- to mid-sized enterprises in the People’s Republic of China. It offers hosting and related services to house servers and networking equipment in its data centers, and connects them through a data transmission network; and other hosting related value-added services. The company’s hosting and related services include managed hosting services that offer data center space to customers’ servers and networking equipment and provide tailored server administration services; and interconnectivity services that allow customers to connect their servers with Internet backbones and other networks through its border gateway protocol network or single-line, dual-line, or multiple-line network. Its hosting and related services also comprises content delivery network services; cloud services that enable businesses to run their applications over the Internet using its IT infrastructure; virtual private network services; and value-added services, such as firewall, server load balancing, data backup and recovery, data center management, server management, and backup server services. In addition, the company provides traffic charts and analysis, gateway monitoring for servers, domain name system setup, defense mechanism against distributed denial of service attacks, basic setting of switches and routers, and virus protections; managed network services that allow customers to transmit data across the Internet through its hosting area network and data transmission network; route optimization services; and wired broadband services. As of December 31, 2014, it operated 16 self-built and 73 partnered data centers located in approximately 30 cities in China with 21,522 cabinets. It has strategic partnerships with Microsoft Corporation and IBM. The company was founded in 1999 and is headquartered in Beijing, the People’s Republic of China.

5,356 Employees
Last Reported Date: 04/10/15
Founded in 1999

21vianet group inc-adr (VNET) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

21vianet group inc-adr (VNET) Key Developments

21Vianet Group, Inc. Announces Management Changes

21Vianet Group, Inc. announced that its Board of Directors has appointed Mr. Sean Shao as an independent director, effective on August 24, 2015. Mr. Shao will also serve as a member and the chairman of the Audit Committee of the Board. Mr. Terry Wang, the chief financial officer of the company, has resigned as a director of the board, a member of the Compensation Committee and chair of the Audit Committee. Mr. Kenneth Chung-Hou Tai, who has served as an independent director since October 2012, will replace Mr. Wang as a member of the Compensation Committee. As Mr. Sean Shao has been appointed as the chairman of the Audit Committee, the Board has also appointed Mr. Shao as a member of the Special Committee and Mr. Steve Zhang will resign from the Special Committee. The Board has also established a Strategy Committee to review and oversee the company's long term strategic plans and has appointed Mr. Zhang to lead the efforts of the Strategy Committee. Mr. Zhang will also continue to serve as an independent director of the Board. Mr. Sean Shao currently also serves as independent director and chairman of the audit committee of: Trina Solar Limited; Jumei International Holding Ltd.; LightInTheBox Holdings Co. Ltd. and UTStarcom Holdings Corp.

21Vianet Group, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter of 2015; Revises Earnings Guidance for the Full Year 2015

21Vianet Group, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total net revenues of RMB 866,107,000 against RMB 658,017,000 a year ago. Operating loss was RMB 81,072,000 against operating profit of RMB 23,918,000 a year ago. Loss before income taxes was RMB 134,740,000 against RMB 59,005,000 a year ago. Consolidated net loss was RMB 141,831,000 against RMB 59,465,000 a year ago. Net loss attributable to ordinary shareholders was RMB 145,146,000 against RMB 62,221,000 a year ago. Basic and diluted loss per share was RMB 0.28 against RMB 0.16 a year ago. Basic and diluted loss per ADS share was RMB 1.68 against RMB 0.96 a year ago. Adjusted net loss was RMB 15,953,000 against adjusted net profit of RMB 23,224,000 a year ago. Adjusted EBITDA was RMB 149,351,000 against RMB 131,965,000 a year ago. Adjusted net loss attributable to the company's ordinary shareholders was RMB 19,268,000 against adjusted net profit attributable to the company's ordinary shareholders of RMB 20,468,000 a year ago. Adjusted basic and diluted loss per share was RMB 0.02 against adjusted basic and diluted earnings per share of RMB 0.05 a year ago. Adjusted basic and diluted loss per ADS share was RMB 0.12 against adjusted basic and diluted earnings per share of RMB 0.30 a year ago. Net cash used in operating activities was RMB 121,361,000. Purchases of property and equipment were RMB 232,069,000. Purchases of intangible assets were RMB 12,258,000. For the six months, the company reported total net revenues of RMB 1,726,894,000 against RMB 1,244,012,000 a year ago. Operating loss was RMB 125,312,000 against RMB 96,376,000 a year ago. Loss before income taxes was RMB 214,846,000 against RMB 202,879,000 a year ago. Consolidated net loss was RMB 230,500,000 against RMB 210,891,000 a year ago. Net loss attributable to ordinary shareholders was RMB 241,873,000 against RMB 213,995,000 a year ago. Basic and diluted loss per share was RMB 0.51 against RMB 0.53 a year ago. Basic and diluted loss per ADS share was RMB 3.06 against RMB 3.18 a year ago. Adjusted net profit was RMB 2,949,000 against RMB 56,223,000 a year ago. Adjusted EBITDA was RMB 316,267,000 against RMB 244,897,000 a year ago. Adjusted net loss attributable to the company's ordinary shareholders was RMB 8,424,000 against adjusted net profit attributable to the company's ordinary shareholders of RMB 53,119,000 a year ago. Adjusted basic and diluted loss per share was RMB 0.00 against adjusted basic and diluted earnings per share of RMB 0.13 a year ago. Adjusted basic and diluted loss per ADS share was RMB 0.00 against adjusted basic and diluted earnings per share of RMB 0.78 a year ago. For the third quarter of 2015, the company expects net revenues to be in the range of RMB 900 million to RMB 940 million, representing approximately 18% year-over-year growth at the mid-point. Adjusted EBITDA is expected to be in the range of RMB 146 million to RMB 166 million, representing approximately 1% year-over-year growth at the mid-point. For the full year 2015, the company has revised its outlook to reflect a softer-than-expected first half of 2015 results and some of the changing industry dynamics. The company now expects net revenues to be in the range of RMB 3.58 billion to RMB 3.68 billion, revised from prior guidance of RMB 3.91 billion to RMB 4.11 billion, representing approximately 26% growth over 2014 at the mid-point. Adjusted EBITDA for the full year 2015 is expected to be in the range of RMB 620 million to RMB 660 million, revised from prior guidance of RMB 760 million to RMB 860 million, representing approximately 15% growth over 2014 at the mid-point.

21Vianet Group, Inc. Announces Resignation of Philip Lin as the Executive Vice President of Strategy and Business Development

21Vianet Group, Inc. announced that Mr. Philip Lin recently resigned as the executive vice president of strategy and business development of the company, effectively immediately.

 

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Industry Analysis

VNET

Industry Average

Valuation VNET Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.4x
Price/Book 3.1x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.6x
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