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Last $20.20 USD
Change Today +0.06 / 0.30%
Volume 579.7K
VNET On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

21vianet group inc-adr (VNET) Snapshot

Open
$20.19
Previous Close
$20.14
Day High
$20.48
Day Low
$20.15
52 Week High
07/2/14 - $32.34
52 Week Low
09/10/14 - $14.23
Market Cap
1.7B
Average Volume 10 Days
664.9K
EPS TTM
$-4.66
Shares Outstanding
69.9M
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

Datacastle Enters into OEM Agreement with 21Vianet for Cloud-Based Endpoint Data Protection in China

Datacastle announced it has signed a multi-year agreement with 21Vianet to allow 21Vianet to resell the Datacastle RED solution for laptop, desktop and tablet data protection. The new 21Vianet offering will be sold under the 21Vianet brand and will be offered as a Microsoft Azure, cloud-based solution in China. Datacastle protects enterprises from ransomware extortion, data loss and data breach with simplified and scalable endpoint backup and data protection. Datacastle RED's hybrid cloud deployment option with Microsoft Azure enables enterprises to rapidly experience LAN-speed performance with the assurance of offsite, cloud-based recoverability and mobile access. 21Vianet provides the world class reliable and safety cloud services to the business in China. It enables the global solution providers, such as Datacastle, to quickly enter into the China market without the headaches of localization, qualification, local support, etc. It also enables the customers in China to have the access to the solutions through 21Vianet's strong channel networks.

21Vianet Group, Inc. and Microsoft Corporation Extend Commercial Operator Agreement on Public Cloud Services

21Vianet Group, Inc. announced that the 21Vianet and Microsoft Corporation have extended the commercial operator agreement to provide Microsoft's premier commercial cloud services Windows Azure and Office 365 in China. The renewal agreement extends the term of the Microsoft China services commercial operator agreement by four years until December 31, 2018. Pursuant to the renewal agreement, 21Vianet will continue to fully operate and further expand Windows Azure and Office 365 service offerings in China to support the anticipated growth during the effective period of the renewal agreement.

21Vianet Group, Inc. Announces Unaudited Consolidated Financial Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the First Quarter and Full Year 2015

21Vianet Group, Inc. announced unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2014. Net revenues increased by 56.4% to RMB 853.9 million from RMB 545.9 million in the comparative period in 2013. Adjusted EBITDA increased by 55.7% to RMB 160.1 million from RMB 102.9 million in the comparative period in 2013. Net loss for the fourth quarter of 2014 was RMB 155.5 million compared with a net loss of RMB 3.9 million in the comparative period in 2013. Adjusted net profit for the fourth quarter of 2014 was RMB 7.1 million compared with RMB 41.0 million in the comparative period in 2013. Adjusted net profit in the fourth quarter of 2014 excludes share-based compensation expenses of RMB 68.9 million, amortization of intangible assets derived from acquisitions of RMB 49.0 million, changes in the fair value of contingent purchase consideration payable and related deferred tax impact of RMB 44.8 million in the aggregate. Diluted loss per ordinary share for the fourth quarter of 2014 was RMB 0.44, which represents the equivalent of RMB 2.64 per American Depositary Share (ADS). Each ADS represents six ordinary shares. Adjusted diluted loss per share for the fourth quarter of 2014 was RMB 0.03, which represents the equivalent of RMB 0.18 per ADS. Operating loss was $106.3 million against operating profit of $13.1 million a year ago. Loss before income taxes was $153.3 million against $12.4 million a year ago. Net loss attributable to ordinary shareholders was $174.1 million against $4.3 million a year ago. Net cash generated from operating activities was RMB 111.8 million. Purchases of property and equipment was RMB 191.1 million and purchases of intangible assets was RMB 18.2 million. For the full year, net revenue increased by 46.3% to RMB 2.88 billion from RMB 1.97 billion in the prior year. Adjusted EBITDA for the full year increased by 52.9% to RMB 558.9 million from RMB 365.6 million in the prior year. Adjusted net profit for the full year was RMB 79.4 million compared with RMB 120.5 million in the prior year. Adjusted net profit in the full year excludes share-based compensation expense of RMB 233.7 million, amortization of intangible assets derived from acquisitions of RMB 106.9 million, and changes in the fair value of contingent purchase consideration payable and related deferred tax assets of RMB 25.6 million. Adjusted diluted earnings per share for the full year of 2014 was RMB 0.14, which represents the equivalent of RMB 0.84 per ADS. Operating loss was $114.7 million against operating profit of $41.8 million a year ago. Loss before income taxes was $311.8 million against $36.7 million a year ago. Net loss attributable to ordinary shareholders was $348.5 million against profit of $48.2 million a year ago. For the first quarter of 2015, the company expects net revenues to be in the range of RMB 883 million to RMB 925 million, representing approximately 54% growth year-over-year at the mid point. Adjusted EBITDA is expected to be in the range of RMB 162 million to RMB 182 million, representing approximately 52% 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.

 

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Industry Analysis

VNET

Industry Average

Valuation VNET Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.9x
Price/Book 3.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.3x
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