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v3.25.0.1

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY ¥ in Thousands, $ in Thousands | Ordinary shares CNY (¥) shares | Ordinary shares USD ($) shares | Treasury stock CNY (¥) | Treasury stock USD ($) | Additional paid-in capital CNY (¥) | Additional paid-in capital USD ($) | Accumulated other comprehensive loss CNY (¥) | Accumulated other comprehensive loss USD ($) | Statutory reserves CNY (¥) | Statutory reserves USD ($) | Accumulated deficit CNY (¥) | Accumulated deficit USD ($) | Total VNET Group, Inc. shareholders' equity CNY (¥) | Total VNET Group, Inc. shareholders' equity USD ($) | Noncontrolling interest CNY (¥) | Noncontrolling interest USD ($) | CNY (¥) | USD ($)
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Beginning Balance (in shares) at Dec. 31, 2022 | shares | 890,714,046 | 890,714,046 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance at Dec. 31, 2022 | ¥ 60 |  | ¥ (349,523) |  | ¥ 15,239,926 |  | ¥ 11,022 |  | ¥ 77,996 |  | ¥ (8,369,868) |  | ¥ 6,609,613 |  | ¥ 372,243 |  | ¥ 6,981,856 |
Consolidated net loss |  |  |  |  |  |  |  |  |  |  | (201,048) |  | (201,048) |  | 27,167 |  | (173,881) |
Contribution by noncontrolling interest |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 116,996 |  | 116,996 |
Acquistion of noncontrolling interest |  |  |  |  | (27,200) |  |  |  |  |  |  |  | (27,200) |  | (30,472) |  | (57,672) |
Share-based compensation |  |  |  |  | 12,396 |  |  |  |  |  |  |  | 12,396 |  |  |  | 12,396 |
Reissuance of treasury stock for share option exercise and restricted share units vested shares | shares | 912,966 | 912,966 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Reissuance of treasury stock for share option exercise and restricted share units vested |  |  | 6,335 |  | (6,335) |  |  |  |  |  |  |  |  |  |  |  |  |
Restricted share units vested (shares) | shares | 2,397,543 | 2,397,543 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Settlement of restricted share units by reissuance of treasury stock (in shares) | shares | (2,397,543) | (2,397,543) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign exchange difference |  |  |  |  |  |  | (1,487) |  |  |  |  |  | (1,487) |  |  |  | (1,487) |
Ending Balance (in shares) at Sep. 30, 2023 | shares | 891,627,012 | 891,627,012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending balance at Sep. 30, 2023 | ¥ 60 |  | (343,188) |  | 15,218,787 |  | 9,535 |  | 77,996 |  | (8,570,916) |  | 6,392,274 |  | 485,934 |  | 6,878,208 |
Beginning Balance (in shares) at Dec. 31, 2023 | shares | 1,544,391,006 | 1,544,391,006 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance at Dec. 31, 2023 | ¥ 107 |  | (326,953) |  | 17,291,312 |  | (14,343) |  | 80,615 |  | (11,016,323) |  | 6,014,415 |  | 499,968 |  | 6,514,383 |
Consolidated net loss |  |  |  |  |  |  |  |  |  |  | 194,296 |  | 194,296 |  | 50,677 |  | 244,973 |
Issuance of ordinary shares, net of issurance cost (in shares) | shares | 34,744,206 | 34,744,206 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Issuance of ordinary shares, net of issurance cost | ¥ 2 |  |  |  | (2) |  |  |  |  |  |  |  |  |  |  |  |  |
Acquistion of noncontrolling interest |  |  |  |  | 1,152 |  |  |  |  |  |  |  | 1,152 |  |  |  | 1,152 |
Appropriation of dividend |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (26,272) |  | (26,272) |
Share-based compensation |  |  |  |  | 105,104 |  |  |  |  |  |  |  | 105,104 |  |  |  | 105,104 |
Shares from bonus conversion (in shares) | shares | 12,766,902 | 12,766,902 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Shares from bonus conversion |  |  |  |  | 23,269 |  |  |  |  |  |  |  | 23,269 |  |  |  | 23,269 |
Appropriation of statutory reserves |  |  |  |  |  |  |  |  | 13,661 |  | (13,661) |  |  |  |  |  |  |
Reissuance of treasury stock for share option exercise and restricted share units vested shares | shares | 23,618,106 | 23,618,106 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Reissuance of treasury stock for share option exercise and restricted share units vested |  |  | 163,880 |  | (163,880) |  |  |  |  |  |  |  |  |  |  |  |  |
Restricted share units vested (shares) | shares | 10,918,032 | 10,918,032 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Settlement of restricted share units by reissuance of treasury stock (in shares) | shares | (23,684,934) | (23,684,934) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value due to instrument-specific credit changes |  |  |  |  |  |  | (7,109) |  |  |  |  |  | (7,109) |  |  |  | (7,109) | $ (1,013)
Unrealized gain on available-for-sale debt securities |  |  |  |  |  |  | 28 |  |  |  |  |  | 28 |  |  |  | 28 | 4
Foreign exchange difference |  |  |  |  |  |  | 5,336 |  |  |  |  |  | 5,336 |  |  |  | 5,336 |
Ending Balance (in shares) at Sep. 30, 2024 | shares | 1,602,753,318 | 1,602,753,318 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending balance at Sep. 30, 2024 | ¥ 109 | $ 16 | ¥ (163,073) | $ (23,238) | ¥ 17,256,955 | $ 2,459,096 | ¥ (16,088) | $ (2,293) | ¥ 94,276 | $ 13,434 | ¥ (10,835,688) | $ (1,544,073) | ¥ 6,336,491 | $ 902,942 | ¥ 524,373 | $ 74,723 | ¥ 6,860,864 | $ 977,665

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