Vnet (VNET) Asset Writedowns and Impairment (2014 - 2024)
Vnet's (VNET) quarterly Asset Writedowns and Impairment came in at -$379000.0 in Q2 2024, down 131.12% year-over-year from $1.2 million in Q3 2023, and down 152.86% quarter-over-quarter from $717000.0 in Q1 2024.
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Analysis
Vnet (VNET) Asset Writedowns and Impairment (2014 - 2024) Analysis & Trends
Vnet has disclosed Asset Writedowns and Impairment across 11 years of filings, most recently posting -$379000.0 for Q2 2024.
- In Q2 2024, Asset Writedowns and Impairment fell 131.12% year-over-year to -$379000.0; the TTM figure through Jun 2024 stood at -$1.2 million (up 70.76% YoY), while the FY2025 annual figure was -$14.7 million, down 199.4% from the prior year.
- Asset Writedowns and Impairment came in at -$379000.0 for Q2 2024 at Vnet, down from $717000.0 in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $1.2 million in Q2 2023 to a low of -$6.1 million in Q4 2022.
- Average Asset Writedowns and Impairment over 5 years is -$402463.6, with a median of $4500.0 recorded in 2020.
- Year-over-year, Asset Writedowns and Impairment jumped 1700.0% in 2020 and tumbled 3685.71% in 2022.
- Over 5 years, Asset Writedowns and Impairment stood at $202000.0 in 2020, then plunged by 179.6% to -$160789.1 in 2021, then tumbled by 3685.71% to -$6.1 million in 2022, then surged by 99.89% to -$7000.0 in 2023, then tumbled by 5314.29% to -$379000.0 in 2024.
- Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were -$379000.0 in Q2 2024, $717000.0 in Q1 2024, and -$7000.0 in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | -379,000.00 |
| Mar 31, 2024 | 717,000.00 |
| Dec 31, 2023 | -7,000.00 |
| Sep 30, 2023 | -1.52 Mn |
| Jun 30, 2023 | 1.22 Mn |
| Mar 31, 2023 | 357,000.00 |
| Dec 31, 2022 | -6.09 Mn |
| Sep 30, 2022 | 435,000.00 |
| Jun 30, 2022 | 126,000.00 |
| Mar 31, 2022 | 415,000.00 |
| Dec 31, 2021 | -160,789.06 |
| Sep 30, 2021 | -542,000.00 |
| Jun 30, 2021 | -1.17 Mn |
| Mar 31, 2021 | -60,628.35 |
| Dec 31, 2020 | 202,000.00 |
| Sep 30, 2020 | 16,000.00 |
| Dec 31, 2019 | -154,000.00 |
| Sep 30, 2019 | -1,000.00 |
| Jun 30, 2019 | -67,000.00 |
| Mar 31, 2019 | -3,000.00 |