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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