VNET Group (VNET) Construction in Progress: 2011-2024

Historic Construction in Progress for Group (VNET) over the last 14 years, with Dec 2024 value amounting to $630.5 million.

  • Group's Construction in Progress rose 31.81% to $630.5 million in Q4 2024 from the same period last year, while for Dec 2024 it was $630.5 million, marking a year-over-year increase of 31.81%. This contributed to the annual value of $630.5 million for FY2024, which is 29.37% up from last year.
  • Per Group's latest filing, its Construction in Progress stood at $630.5 million for FY2024, which was up 29.37% from $487.4 million recorded in FY2023.
  • In the past 5 years, Group's Construction in Progress ranged from a high of $630.5 million in FY2024 and a low of $324.0 million during FY2020.
  • Moreover, its 3-year median value for Construction in Progress was $487.4 million (2023), whereas its average is $502.5 million.
  • In the last 5 years, Group's Construction in Progress surged by 55.03% in 2021 and then declined by 22.44% in 2022.
  • Group's Construction in Progress (Yearly) stood at $324.0 million in 2020, then soared by 55.03% to $502.2 million in 2021, then decreased by 22.44% to $389.5 million in 2022, then grew by 25.12% to $487.4 million in 2023, then increased by 29.37% to $630.5 million in 2024.