Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $17.24 USD
Change Today -0.294 / -1.68%
Volume 382.1K
VNET On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 12:40 PM 05/28/15 All times are local (Market data is delayed by at least 15 minutes).

21vianet group inc-adr (VNET) Snapshot

Open
$17.20
Previous Close
$17.53
Day High
$17.36
Day Low
$17.10
52 Week High
07/2/14 - $32.34
52 Week Low
09/10/14 - $14.23
Market Cap
1.1B
Average Volume 10 Days
736.3K
EPS TTM
$-3.87
Shares Outstanding
57.8M
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 Board Changes

In May 2015, 21Vianet Group, Inc. appointed Mr. Erfei Liu and Mr. Steve Zhenqing Zhang as new independent directors to its board of directors, effective on May 26, 2015. Ms. Hongwei Jenny Lee, will step down from the board due to personal reasons, also effective on May 26, 2015. From 1999 to 2012, Mr. Liu was Chairman of Merrill Lynch China initially and Country Executive of Bank of America Merrill Lynch after 2009. In addition to his various investment banking responsibilities, he was also in charge of the firm's private equity business in Greater China from 2006 to 2010. Prior to joining Merrill Lynch, Mr. Liu worked as head of Asia for Goldman Sachs, Morgan Stanley, Smith Barney and Indosuez. Mr. Steve Zhenqing Zhang served as AsiaInfo's President and CEO for nine years from 2005 to 2014 and currently serves as the vice chairman of AsiaInfo. Mr. Steve Zhenqing Zhang will also serve as a member of the nomination and corporate governance committee. Mr. Kenneth Chung-Hou Tai, who has served as an independent director since October 2012, will replace Ms. Hongwei Jenny Lee as a member of the audit committee. Mr. Hongjiang Zhang, who has served as an independent director since January 2015, will replace Ms. Hongwei Jenny Lee as a member of the compensation committee.

21Vianet Group, Inc. Announces Unaudited Consolidated Financial Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter of 2015 and Full Year 2015

21Vianet Group, Inc. announced unaudited consolidated financial results for the first quarter ended March 31, 2015. For the quarter, the company’s net revenues for the first quarter of 2015 increased by 46.8% to RMB 860.107 million from RMB 585.995 million in the comparative period in 2014. Operating loss was RMB 44.240 million against RMB 120.294 million a year ago. Loss before income taxes was RMB 80.106 million against RMB 143.874 million a year ago. Net loss attributable to ordinary shareholders was RMB 96.727 million or RMB 0.23 per basic and diluted share, which represents the equivalent of RMB 1.38 per ADS against RMB 151.774 million or RMB 0.38 per basic and diluted share, which represents the equivalent of RMB 0.2.28 per ADS a year ago. Net cash generated from operating activities was RMB 111,810 million against RMB 111,778 million a year ago. Purchases of property and equipment were RMB 305.648 million against RMB 191.087 million a year ago. Purchases of intangible assets were RMB 16.335 million against RMB 18,181 million a year ago. Adjusted EBITDA for the first quarter of 2015 increased by 47.8% to RMB 166.9 million from RMB 112.9 million in the comparative period in 2014. Adjusted net profit attributable to the company's ordinary shareholders for the first quarter of 2015 was RMB 10.844 million compared with RMB 32.651 million in the comparative period in 2014. Adjusted diluted earnings per share for the first quarter of 2015 was RMB 0.02, which represents the equivalent of RMB 0.12 per ADS against RMB 0.08, which represents the equivalent of RMB 0.48 per ADS a year ago. For the second quarter of 2015, the company expects net revenues to be in the range of RMB 886 million to RMB 922 million, representing approximately 37% growth year-over-year at the mid-point. Adjusted EBITDA is expected to be in the range of RMB 152 million to RMB 172 million, representing approximately 23% growth year-over-year at the mid-point. For the full year 2015, the company now expects net revenues to be in the range of RMB 3.91 billion to RMB 4.11 billion, representing approximately 39% growth over 2014 at the mid-point. Adjusted EBITDA for the full year 2015 is expected to be in the range of RMB 760 million to RMB 860 million, representing approximately 45% growth over 2014 at the mid-point. CapEx plan will be RMB 900 million to RMB 1 billion.

21Vianet Group, Inc. Presents at Jefferies 2015 Global Technology, Media and Telecom Conference, May-13-2015 10:30 AM

21Vianet Group, Inc. Presents at Jefferies 2015 Global Technology, Media and Telecom Conference, May-13-2015 10:30 AM. Venue: Mandarin Oriental Brickell, Miami, Florida, United States.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
VNET:US $17.24 USD -0.294

VNET Competitors

Market data is delayed at least 15 minutes.

Company Last Change
China Telecom Corp Ltd $5.24 HKD -0.22
China Unicom Hong Kong Ltd $13.46 HKD -0.44
ChinaCache International Holdings Ltd $13.55 USD -0.37
Dr Peng Telcom & Media Group Co Ltd CNY41.41 CNY -2.96
Wangsu Science & Technology Co Ltd CNY54.61 CNY 0.00
View Industry Companies
 

Industry Analysis

VNET

Industry Average

Valuation VNET Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.8x
Price/Book 3.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact 21VIANET GROUP INC-ADR, please visit www.21vianet.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.