VNET Group Inc
NASDAQ:VNET
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VNET Group Inc
Gross Margin
VNET Group Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | CN |
| Market Cap | 1B USD |
| Gross Margin |
19%
|
| Country | CA |
| Market Cap | 136.4B USD |
| Gross Margin |
51%
|
| Country | US |
| Market Cap | 56.9B USD |
| Gross Margin |
68%
|
| Country | US |
| Market Cap | 35.8B USD |
| Gross Margin |
78%
|
| Country | US |
| Market Cap | 27.4B USD |
| Gross Margin |
64%
|
| Country | US |
| Market Cap | 24.3B USD |
| Gross Margin |
74%
|
| Country | US |
| Market Cap | 17.4B USD |
| Gross Margin |
88%
|
| Country | US |
| Market Cap | 16B USD |
| Gross Margin |
51%
|
| Country | US |
| Market Cap | 14B USD |
| Gross Margin |
60%
|
| Country | US |
| Market Cap | 13B USD |
| Gross Margin |
76%
|
| Country | IL |
| Market Cap | 11.7B USD |
| Gross Margin |
68%
|
VNET Group Inc
Glance View
VNET Group, Inc. is a holding company, which engages in the provision of carrier-neutral internet data center services. The company is headquartered in Beijing, Beijing. The company went IPO on 2011-04-21. The firm hosts its customers' servers and networking equipment and provides interconnectivity. The firm also provides managed network services to enable customers to deliver data across the Internet through its data transmission network and smart routing technology. The firm provides value-added services, such as content delivery network services, virtual private network services and last-mile wired broadband services. The company offers public cloud services, private cloud and hybrid services. The firm also offers container-based data center service. The firm's service offerings include hosting and related services, and managed network services. The firm provides hosting and related services to house servers and networking equipment in its data centers and connects them through its data transmission network, and offers other hosting related value-added services.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on VNET Group Inc's most recent financial statements, the company has Gross Margin of 18.7%.
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