Is VNET Group, Inc. (VNET) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 699.1% / 30% | 57.7% / 30% | 129.6% / 30% | 0.34% / 5% | ✗ NOT HALAL |
| DJIM | 699.1% / 33% | 57.7% / 33% | 129.6% / 33% | 0.34% / 5% | ✗ NOT HALAL |
| MSCI | 55.9% / 33% | 4.6% / 33% | 10.4% / 33% | 0.34% / 5% | ✗ NOT HALAL |
| S&P | 699.1% / 33% | 57.7% / 33% | 129.6% / 33% | 0.34% / 5% | ✗ NOT HALAL |
| FTSE | 55.9% / 33% | 4.6% / 33% | 10.4% / 50% | 0.34% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 22.0% | |
| Operating Margin | 5.7% | |
| Net Margin | -2.5% | |
| Return on Equity (ROE) | -1.7% | |
| Return on Assets (ROA) | 1.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $2.0B |
| Free Cash Flow | -$3.1B |
| Total Debt | $18.1B |
| Debt-to-Equity | 319.1 |
| Current Ratio | 0.9 |
| Total Assets | $32.4B |
Price & Trading
| Last Close | $8.71 |
| 50-Day MA | $10.76 |
| 200-Day MA | $9.19 |
| Avg Volume | 6.7M |
| Beta | 0.0 |
|
52-Week Range
$4.65
| |
About VNET Group, Inc. (VNET)
VNET Group, Inc., an investment holding company, provides hosting and related services in China. The company offers managed hosting services consisting of 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, such as 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?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), VNET Group, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is VNET Group, Inc.'s debt ratio?
VNET Group, Inc.'s debt ratio is 699.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 55.9%.
What are VNET Group, Inc.'s key financial metrics?
VNET Group, Inc. has a market capitalization of $2.3B. The company maintains a gross margin of 22.0% and a net margin of -2.5%. Return on equity stands at -1.7%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
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.