China Tracker - Details for 21Vianet Group (VNET)

 21Vianet Group
Shares Outstanding (MRQ): 53.72 mill
New Shares / Dilution (TTM): 13.00 mill31.93%
Cash (MRQ): 225.61 mill54.61%
Account Receivables (MRQ): 11.57 mill2.80%
Account Receivables (Q/Q): 0.00 mill0.00% 
Long-Term Debt (MRQ): 35.37 mill8.56% 
Revenue Growth (Q/Q): 62.00% 
Revenue Growth (Y/Y): 130.85%
Net Income Growth (Q/Q): 165.62% 
Net Income Growth (Y/Y): 388.89%
EPS Growth (Y/Y): 270.58%
Net Margin (Q/Q): 15.4% (9.4%)6.00% 
Net Margin (Y/Y): 15.4% (7.3%)8.10% 
EPS | P/E (2 MRQ Projection): $0.2432.62
CFPS | P/CF (2 MRQ Projection): $0.2333.51
Price/Sales (2 MRQ Projection): 4.27
Price/Book (MRQ): 1.62 
Auditor: Ernst & Young
 
 Forward Projections (Fiscal Year)
EPS | P/E (Estimates updated 2012-10-21): $0.7110.83
 Basic Facts and History (show more)
Reporting Type: U.S. Company (10-K Filings) 
Going Public: IPO on 2011-04-21 
IPO Price: $15.00 (-48.74% since IPO)

 Business Outlook

For the second quarter of 2011, the Company expects net revenues to be in the range of RMB216 million to RMB220 million and adjusted EBITDA to be in the range of RMB43 million to RMB45 million. "We are pleased that we have successfully completed our IPO to become a NASDAQ-listed public company. With the additional liquidity, we believe we are well-capitalized to deliver revenue growth compared to the prior quarter target by executing upon our internet infrastructure and services offerings expansion efforts. Our high utilization rates, low churn rates and stable customer base also give us increased confidence that we are well-positioned financially, operationally and strategically to capitalize upon China's dramatic internet and data growth opportunities."

(Source: Globe Newswire, 2011-06-01)

 Analyst Coverage (show more)
2011-08-04BarclaysReiterationEqual Weight$15.00
2011-08-04Morgan StanleyReiterationOverweightn/a
2011-08-01J.P. MorganReiterationOverweight$19.00
2011-07-11J.P. MorganInitiationOverweight$19.00
2011-06-01Piper JaffrayInitiationOverweight$14.00

VNET is currently followed by 4 analysts. 3 give the stock a positive rating, 1 rate it neutral and 0 give it a negative rating. The average price target is 16.00, which implies 108.06% upside from current price.


    see all Analyst Ratings
VNET
Telecommunications
SCORE
3
READ: Score Cards Explained
SAFETY/RISK SCORE
MODERATE SAFETY
DETAILS: Safety/Risk Model for VNET
Current Price:  $7.69
F10k Day (2011-04-21): -56.68%$17.75
2011 Close: -15.96%$9.15
High (2012-05-07): -43.59%$13.63
Low (2012-08-21): -10.69%$8.61
Exchange: NMS
Market Capitalization: 413.10 mill
Total Shares: 53.72 mill
Float: 64,975,000.00 mill
Avg Volume: 204.30 k
Short Interest: 1.37 mill
Short Ratio: 49.75%6.7 d
Last Quarter: 2010-12-31
Revenue (MRQ): 29.89 mill
Net Income (MRQ): 4.60 mill
Op. Cash Flow (MRQ): 3.08 mill
all financial data provided without warranty