VNET Group, Inc. (VNET) Financial Ratio Screen

NASDAQ Technology China USD 1865M
RATIOS FAIL*
Automated financial screen · activity assessed separately
VNET Group, Inc. (VNET) is potentially non-compliant in the automated ratio model. The company's debt ratio of 63.2% exceeds the 30% MSCI new-inclusion threshold relative to total assets. VNET Group, Inc. operates in the Technology sector.

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MSCI new-inclusion financial-ratio snapshot

VNET financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
63.2%
Fail vs 30%
Cash ratio
13.2%
Pass vs 30%
Receivables + cash
21.8%
Pass vs 30%
Impermissible income
0.4%
Pass vs 5%

Calculation date: 2026-08-31. Financial period used: December 2025. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria not metAt least one available ratio exceeds its threshold
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2025Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Information Technology Services) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: VNET Group, Inc., an investment holding company, provides data center hosting and related services in China. The company offers managed hosting services comprising managed retail services, such as colocation services that dedicate data center space to house customers' servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; interconnectivity services that allow customers to connect their servers; and value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and standby server services. It also provides cloud services that allow customers to run applications over the internet using IT infrastructure; and VPN services that extend customers' private networks by setting up connections through the public internet. In addition, the company offers server administration services, including operating system support and assistance with updates, server monitoring, server backup and restoration, server security evaluation, firewall services, and disaster recovery services. It serves information technology and cloud services, communications and social networking, gaming and entertainment, e-commerce, automobile, financial services, and blue-chip and small-to-mid-sized enterprises; government agencies; individuals; and telecommunication carriers. The company was formerly known as 21Vianet Group, Inc. and changed its name to VNET Group, Inc. in October 2021. VNET Group, Inc. was founded in 1996 and is headquartered in Beijing, China.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 63.2%
/ 30%
13.2%
/ 30%
21.8%
/ 30%
0.38%
/ 5%
RATIOS FAIL*
FTSE 63.2%
/ 33%
13.2%
/ 33%
21.8%
/ 50%
0.38%
/ 5%
RATIOS FAIL*

Financial Highlights

EPS
$-1.25
P/B Ratio
3.1
EV/EBITDA
9.8
EV: $32.1B
Revenue
$9.9B
Growth: 14.2%
Beta
0.3
Low volatility
Current Ratio
1.0

Profitability

Gross Margin 20.5%
Operating Margin 8.2%
Net Margin -6.2%
Return on Equity (ROE) -4.7%
Return on Assets (ROA) 1.2%

Cash Flow & Balance Sheet

Operating Cash Flow$1.9B
Free Cash Flow-$5.9B
Total Debt$28.2B
Debt-to-Equity309.2
Current Ratio1.0
Total Assets$44.6B

Price & Trading

Last Close$6.64
50-Day MA$7.48
200-Day MA$9.14
Avg Volume5.1M
Beta0.3
52-Week Range
$6.17
$14.48

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-08-30 for the financial period December 2025. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About VNET Group, Inc. (VNET)

CEO
Mr. Wen Teng
Employees
2,784
Sector
Technology
Industry
Information Technology Services
Country
China
Exchange
NASDAQ
Market Cap (listing currency)
USD 1865M
Currency
USD

VNET Group, Inc., an investment holding company, provides data center hosting and related services in China. The company offers managed hosting services comprising managed retail services, such as colocation services that dedicate data center space to house customers' servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; interconnectivity services that allow customers to connect their servers; and value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and standby server services. It also provides cloud services that allow customers to run applications over the internet using IT infrastructure; and VPN services that extend customers' private networks by setting up connections through the public internet. In addition, the company offers server administration services, including operating system support and assistance with updates, server monitoring, server backup and restoration, server security evaluation, firewall services, and disaster recovery services. It serves information technology and cloud services, communications and social networking, gaming and entertainment, e-commerce, automobile, financial services, and blue-chip and small-to-mid-sized enterprises; government agencies; individuals; and telecommunication carriers. The company was formerly known as 21Vianet Group, Inc. and changed its name to VNET Group, Inc. in October 2021. VNET Group, Inc. was founded in 1996 and is headquartered in Beijing, China.

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Frequently Asked Questions

Is VNET Group, Inc. (VNET) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is VNET Group, Inc.'s debt ratio?

VNET Group, Inc.'s debt ratio is 63.2% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are VNET Group, Inc.'s key financial metrics?

VNET Group, Inc. has a market capitalization of USD 1865M in its listing currency, and revenue of $9.9B. The company maintains a gross margin of 20.5% and a net margin of -6.2%. Return on equity stands at -4.7%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: December 2025. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.