21Vianet Group, Inc. (Filer) CIK: 0001508475 (see all company filings) IRS No. Among other things, quotations from management in this announcement as well as 21Vianet’s strategic and operational plans contain forward-looking statements. 21Vianet Group Inc. ADR proxy SEC filings breakout by MarketWatch. As such, while we advance into 2020, we remain confident in our ability to meet the deadlines of our three-year growth plan for the year, emboldened by our growth prospects, and determined to help advance the industry going forward.”. 2014-04-10. 21vianet group inc (vnet): * 21vianet group, inc. reports unaudited third quarter 2020 financial results. This page includes all SEC registration details as well as a list of all … Fundamental company data provided by Morningstar and Zacks Investment Research. Adjusted EBITDA margin was 23.8% in the first quarter of 2020, compared to 29.1% in the same period of 2019 and 25.2% in the fourth quarter of 2019. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Want to see which stocks are moving? 21Vianet Group, Inc. (VNET) SEC Filing 20-F Annual report for the fiscal year ending Tuesday, December 31, 2019. 21Vianet Group Inc. ADR all SEC filings breakout by MarketWatch. Mr. Alvin Wang, Chief Executive Officer and President of the Company, stated, “During the first quarter of 2020, we delivered solid financial and operating results despite the immediate challenges of the coronavirus pandemic. Beijing, 100016 . MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Going forward, we will continue to invest in line with our three-year growth plan while closely monitoring the market landscape to capitalize on those opportunities that we judge to have attractive returns and enhance our growth trajectory.”. Learn more. EX-99.1 Exhibit 99.1 21Vianet Group, Inc. * sees fy 2020 revenue rmb 4.8 billion to rmb 4.82 billion. For the second quarter of 2020, the Company expects net revenues to be in the range of RMB1,140 million to RMB1,160 million. © American Consumer News, LLC dba MarketBeat® 2010-2020. Do Not Sell My Information. 1) * 21Vianet Group, Inc. (Name of Issuer) … The Company makes no representation that the RMB or USD amounts referred could be converted into USD or RMB, as the case may be, at any particular rate or at all. Utilization rate for newly-built and ramp-up IDCs delivered since 2019 improved to 12.3% in the first quarter of 2020, compared to 8.6% in the fourth quarter of 2019. : 001-35126 | … Learn everything you need to know about successful options trading with this three-part video course. And you can see how his strategy works here. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: 21Vianet’s goals and strategies; 21Vianet’s expansion plans; the expected growth of the data center services market; expectations regarding demand for, and market acceptance of, 21Vianet’s services; 21Vianet’s expectations regarding keeping and strengthening its relationships with customers; 21Vianet’s plans to invest in research and development to enhance its solution and service offerings; and general economic and business conditions in the regions where 21Vianet provides solutions and services. All rights reserved. ADJUSTED CASH GROSS PROFIT (non-GAAP): Adjusted cash gross profit, which is defined as gross profit excluding depreciation, amortization, and share-based compensation expenses, was RMB417.1 million (US$58.9 million) in the first quarter of 2020, compared to RMB406.7 million in the first quarter of 2019 and RMB425.9 million in the fourth quarter of 2019. Hedge funds. Adjustments to the consolidated financial statements may be identified when audit work has been performed for the Company’s year-end audit, which could result in significant differences from this preliminary unaudited condensed financial information. Identify stocks that meet your criteria using seven unique stock screeners. (Amount in thousands of Renminbi (“RMB”) and US dollars (“US$”)), Prepaid expenses and other current assets, Operating lease right-of-use assets, net, Current portion of long-term bank borrowings, Current portion of finance lease liabilities, Current portion of deferred government grant, Current portion of operating lease liabilities, Non-current portion of finance lease liabilities, Non-current portion of deferred government grant, Non-current portion of operating lease liabilities, Total 21Vianet Group, Inc. shareholders’ equity, Total liabilities and shareholders’ equity, (Amount in thousands of Renminbi (“RMB”) and US dollars (“US$”) except for number of shares and per share data), Impairment of receivables from equity investees, Gain (loss) before income taxes and (loss) gain from equity method investments, (Loss) gain from equity method investments, Net (gain) loss attributable to noncontrolling interest, Net gain (loss) attributable to ordinary shareholders, Shares used in profit (loss) per share computation, Profit (loss) per ADS (6 ordinary shares equal to 1 ADS). * Shares used in (loss) profit per share/ADS computation were computed under weighted average method. The Company will hold a conference call at 8:00 P.M. on Thursday, May 14, 2020, U.S. Eastern Time, or 8:00 A.M. on Friday, May 15, 2020, Beijing Time, to discuss the financial results. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Export data to Excel for your own analysis. Compound utilization rate in the first quarter of 2020 fell to 60.4% from 65.6% in the fourth quarter of 2019, mainly due to the continuous delivery of additional cabinets in the first quarter of 2020. The increase was mainly attributable to increased share-based compensation expenses. 20-F YoY Changes. 21Vianet provides hosting and related services, cloud services, and business VPN services, improving the reliability, security and speed of its customers' Internet infrastructure. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. Rmb1,160 million Group Inc. 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