VNET Income Before Tax vs Operating Income Analysis

VNET Stock  USD 1.95  0.05  2.63%   
VNET Group financial indicator trend analysis is much more than just breaking down VNET Group DRC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VNET Group DRC is a good investment. Please check the relationship between VNET Group Income Before Tax and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VNET Group DRC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Income Before Tax vs Operating Income

Income Before Tax vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VNET Group DRC Income Before Tax account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between VNET Group's Income Before Tax and Operating Income is 0.63. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income in the same time period over historical financial statements of VNET Group DRC, assuming nothing else is changed. The correlation between historical values of VNET Group's Income Before Tax and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of VNET Group DRC are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Before Tax i.e., VNET Group's Income Before Tax and Operating Income go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on VNET Group income statement and is an important metric when analyzing VNET Group DRC profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Operating Income

Operating Income is the amount of profit realized from VNET Group DRC operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of VNET Group DRC is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from VNET Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VNET Group DRC current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VNET Group DRC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Enterprise Value is likely to gain to about 18.9 B in 2024, whereas Selling General Administrative is likely to drop slightly above 471.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.4B1.3B851.8M
Total Revenue6.2B7.1B7.4B3.8B

VNET Group fundamental ratios Correlations

0.980.980.950.740.990.970.96-0.970.770.660.990.530.940.020.780.830.960.390.860.990.960.950.840.880.93
0.980.990.950.610.990.940.99-0.970.710.570.980.460.97-0.120.680.740.980.280.791.00.980.930.850.870.92
0.980.990.960.630.990.950.99-0.970.720.540.980.410.97-0.070.690.750.970.280.790.990.980.920.870.890.93
0.950.950.960.580.940.940.94-0.940.660.520.920.430.96-0.140.650.660.880.140.720.960.970.950.970.850.96
0.740.610.630.580.670.710.55-0.690.760.820.730.690.530.440.960.950.620.740.920.620.550.720.450.590.64
0.990.990.990.940.670.950.98-0.980.710.590.990.450.94-0.080.730.790.980.370.830.990.970.920.830.850.92
0.970.940.950.940.710.950.91-0.950.70.670.950.530.9-0.010.770.80.90.40.820.950.930.940.860.810.93
0.960.990.990.940.550.980.91-0.950.680.470.960.360.97-0.160.620.690.970.220.740.990.980.890.850.870.9
-0.97-0.97-0.97-0.94-0.69-0.98-0.95-0.95-0.67-0.64-0.97-0.5-0.920.15-0.77-0.81-0.94-0.35-0.85-0.97-0.97-0.93-0.85-0.79-0.94
0.770.710.720.660.760.710.70.68-0.670.640.770.490.680.450.760.810.740.430.810.730.640.710.530.850.63
0.660.570.540.520.820.590.670.47-0.640.640.630.910.480.260.840.80.580.630.790.570.50.70.410.490.58
0.990.980.980.920.730.990.950.96-0.970.770.630.480.920.050.770.830.980.430.860.980.950.910.80.890.9
0.530.460.410.430.690.450.530.36-0.50.490.910.480.410.20.720.640.450.430.640.450.390.640.360.390.51
0.940.970.970.960.530.940.90.97-0.920.680.480.920.41-0.190.60.650.920.090.70.970.980.930.90.870.95
0.02-0.12-0.07-0.140.44-0.08-0.01-0.160.150.450.260.050.2-0.190.270.28-0.020.560.21-0.07-0.23-0.06-0.260.24-0.19
0.780.680.690.650.960.730.770.62-0.770.760.840.770.720.60.270.970.670.650.970.680.640.770.530.60.72
0.830.740.750.660.950.790.80.69-0.810.810.80.830.640.650.280.970.760.70.980.740.690.770.510.650.72
0.960.980.970.880.620.980.90.97-0.940.740.580.980.450.92-0.020.670.760.380.790.980.940.870.740.880.85
0.390.280.280.140.740.370.40.22-0.350.430.630.430.430.090.560.650.70.380.640.280.160.26-0.040.230.14
0.860.790.790.720.920.830.820.74-0.850.810.790.860.640.70.210.970.980.790.640.790.740.80.590.680.75
0.991.00.990.960.620.990.950.99-0.970.730.570.980.450.97-0.070.680.740.980.280.790.980.930.870.890.93
0.960.980.980.970.550.970.930.98-0.970.640.50.950.390.98-0.230.640.690.940.160.740.980.930.910.830.96
0.950.930.920.950.720.920.940.89-0.930.710.70.910.640.93-0.060.770.770.870.260.80.930.930.90.820.97
0.840.850.870.970.450.830.860.85-0.850.530.410.80.360.9-0.260.530.510.74-0.040.590.870.910.90.760.92
0.880.870.890.850.590.850.810.87-0.790.850.490.890.390.870.240.60.650.880.230.680.890.830.820.760.78
0.930.920.930.960.640.920.930.9-0.940.630.580.90.510.95-0.190.720.720.850.140.750.930.960.970.920.78
Click cells to compare fundamentals

VNET Group Account Relationship Matchups

VNET Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.3B19.4B23.1B26.9B30.4B31.9B
Short Long Term Debt Total5.7B8.2B11.1B14.8B17.2B18.0B
Other Current Liab1.2B1.7B2.4B2.5B3.2B3.3B
Total Current Liabilities4.5B6.1B5.2B6.3B11.4B12.0B
Total Stockholder Equity5.0B6.6B7.2B6.6B6.0B4.3B
Property Plant And Equipment Net6.7B9.4B13.0B15.5B17.0B17.9B
Current Deferred Revenue1.1B1.1B1.1B1.3B1.7B1.8B
Net Debt3.9B5.5B9.7B12.1B14.9B15.7B
Retained Earnings(4.0B)(7.2B)(7.6B)(8.4B)(11.0B)(10.5B)
Accounts Payable296.3M289.4M493.5M713.6M696.2M367.3M
Cash1.8B2.7B1.4B2.7B2.2B1.6B
Non Current Assets Total9.0B13.3B17.8B19.9B20.6B21.6B
Cash And Short Term Investments2.2B3.0B1.4B2.7B2.6B1.9B
Net Receivables958.8M922.8M1.6B1.9B2.9B3.1B
Common Stock Shares Outstanding111.5M119.5M151.9M147.8M150.2M101.0M
Liabilities And Stockholders Equity14.3B19.4B23.1B26.9B30.4B31.9B
Non Current Liabilities Total4.6B6.4B10.3B13.6B12.4B13.1B
Other Current Assets1.6B1.9B2.0B2.1B80.4M76.4M
Other Stockholder Equity8.9B12.7B14.8B14.9B17.0B8.6B
Total Liab9.0B12.5B15.5B20.0B23.9B25.1B
Property Plant And Equipment Gross6.7B9.4B13.0B15.5B24.6B25.9B
Total Current Assets5.2B6.1B5.3B7.1B9.8B10.3B
Accumulated Other Comprehensive Income138.4M18.9M(16.0M)89.0M66.3M39.4M
Short Term Debt1.9B3.0B1.2B1.9B5.9B6.2B
Intangible Assets643.7M915.9M1.2B2.1B2.0B2.1B
Other Liab956.8M1.1B428.3M772.4M888.3M932.7M
Other Assets577.4M1.8B2.1B748.2M860.4M571.7M
Long Term Debt2.1B3.9B6.5B8.9B6.9B7.2B
Short Term Investments363.9M285.9M68.9M59.7M356.8M311.0M
Property Plant Equipment6.7B9.4B13.0B15.5B17.8B18.7B
Non Currrent Assets Other368.0M1.7B2.0B552.1M534.2M574.5M
Inventory478.9M270.5M327.8M327.7M4.2B4.4B
Net Tangible Assets3.3B3.6B4.7B3.2B3.6B2.8B
Long Term Investments169.7M135.5M98.2M242.2M757.9M795.8M
Short Long Term Debt1.2B2.2B384.2M1.0B5.0B5.2B

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When determining whether VNET Group DRC is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if VNET Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Vnet Group Drc Stock. Highlighted below are key reports to facilitate an investment decision about Vnet Group Drc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VNET Group DRC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the VNET Group DRC information on this page should be used as a complementary analysis to other VNET Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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Is VNET Group's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VNET Group. If investors know VNET will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VNET Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.333
Earnings Share
(2.43)
Revenue Per Share
49.357
Quarterly Revenue Growth
0.009
Return On Assets
(0)
The market value of VNET Group DRC is measured differently than its book value, which is the value of VNET that is recorded on the company's balance sheet. Investors also form their own opinion of VNET Group's value that differs from its market value or its book value, called intrinsic value, which is VNET Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VNET Group's market value can be influenced by many factors that don't directly affect VNET Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VNET Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if VNET Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VNET Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.