2022 Q4 Form 20-F Financial Statement

#000110465923050330 Filed on April 26, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021 Q4
Revenue $1.881B $7.065B $1.745B
YoY Change 7.75% 14.14% 29.45%
Cost Of Revenue $1.552B $5.707B $1.365B
YoY Change 13.68% 20.1% 29.56%
Gross Profit $328.4M $1.358B $380.0M
YoY Change -13.58% -5.55% 29.05%
Gross Profit Margin 17.46% 19.22% 21.77%
Selling, General & Admin $274.6M $990.3M $477.4M
YoY Change -42.49% -9.32% 88.65%
% of Gross Profit 83.62% 72.91% 125.65%
Research & Development $84.14M $306.8M $63.04M
YoY Change 33.47% 97.24% 49.5%
% of Gross Profit 25.62% 22.59% 16.59%
Depreciation & Amortization $449.5M $231.4M $352.8M
YoY Change 27.41% -81.75% 17.24%
% of Gross Profit 136.88% 17.04% 92.85%
Operating Expenses $345.7M $1.237B $540.5M
YoY Change -36.03% -5.18% 87.91%
Operating Profit -$17.37M $121.2M -$160.5M
YoY Change -89.18% -9.17% -2460.38%
Interest Expense -$23.63M -$742.3M $243.9M
YoY Change -109.69% -216.7% -127.82%
% of Operating Profit -612.71%
Other Income/Expense, Net -$15.51M -$9.271M $18.64M
YoY Change -183.2% 56.34% -684.29%
Pretax Income -$56.51M -$630.5M -$7.264M
YoY Change 677.92% -194.78% -99.25%
Income Tax $101.0K $133.5M $15.55M
% Of Pretax Income
Net Earnings -$64.24M -$776.0M -$27.28M
YoY Change 135.52% -255.16% -97.31%
Net Earnings / Revenue -3.42% -10.98% -1.56%
Basic Earnings Per Share -$0.13
Diluted Earnings Per Share -$0.07 -$0.88 -$31.35K
COMMON SHARES
Basic Shares Outstanding 886.8M
Diluted Shares Outstanding 886.8M

Balance Sheet

Concept 2022 Q4 2022 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.661B $2.661B $1.372B
YoY Change 93.91% 93.91% -54.19%
Cash & Equivalents $2.661B $2.661B $1.372B
Short-Term Investments $0.00
Other Short-Term Assets $2.475B $2.475B $2.378B
YoY Change 4.1% 75.12% 89.1%
Inventory
Prepaid Expenses $143.3M $943.0M
Receivables $1.764B $1.764B $1.406B
Other Receivables $152.1M $152.1M $168.0M
Total Short-Term Assets $7.052B $7.052B $5.324B
YoY Change 32.46% 32.46% -12.08%
LONG-TERM ASSETS
Property, Plant & Equipment $15.47B $15.47B $12.96B
YoY Change 19.34% 19.34% 37.42%
Goodwill $197.8M $1.340B
YoY Change -85.24% 34.64%
Intangibles $217.1M $2.282B
YoY Change -90.49% 47.02%
Long-Term Investments $242.2M $242.2M $98.24M
YoY Change 146.53% 146.53% -27.51%
Other Assets $1.324B $1.324B $2.471B
YoY Change -46.41% -46.41% 18.97%
Total Long-Term Assets $19.90B $19.90B $17.77B
YoY Change 11.96% 11.96% 33.43%
TOTAL ASSETS
Total Short-Term Assets $7.052B $7.052B $5.324B
Total Long-Term Assets $19.90B $19.90B $17.77B
Total Assets $26.95B $26.95B $23.10B
YoY Change 16.68% 16.68% 19.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $713.6M $713.6M $493.5M
YoY Change 44.6% 44.6% 70.53%
Accrued Expenses $3.085B $3.085B $1.293B
YoY Change 138.48% 138.48% 67.58%
Deferred Revenue $13.79M $55.70M
YoY Change -75.25%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $1.228B $1.228B $628.2M
YoY Change 95.49% 95.49% -75.15%
Total Short-Term Liabilities $6.332B $6.332B $5.180B
YoY Change 22.24% 22.24% -15.39%
LONG-TERM LIABILITIES
Long-Term Debt $9.957B $9.957B $7.602B
YoY Change 30.98% 30.98% 65.64%
Other Long-Term Liabilities $2.995B $2.995B $2.364B
YoY Change 26.7% 26.7% 61.25%
Total Long-Term Liabilities $12.95B $12.95B $9.966B
YoY Change 29.97% 29.97% 64.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.332B $6.332B $5.180B
Total Long-Term Liabilities $12.95B $12.95B $9.966B
Total Liabilities $20.34B $20.34B $15.85B
YoY Change 28.3% 28.3% 23.76%
SHAREHOLDERS EQUITY
Retained Earnings -$1.214B -$7.590B
YoY Change -84.01%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.610B $6.610B $7.242B
YoY Change
Total Liabilities & Shareholders Equity $26.95B $26.95B $23.10B
YoY Change 16.68% 16.68% 19.21%

Cashflow Statement

Concept 2022 Q4 2022 2021 Q4
OPERATING ACTIVITIES
Net Income -$64.24M -$776.0M -$27.28M
YoY Change 135.52% -255.16% -97.31%
Depreciation, Depletion And Amortization $449.5M $231.4M $352.8M
YoY Change 27.41% -81.75% 17.24%
Cash From Operating Activities $569.6M $353.8M $664.0M
YoY Change -14.22% -74.51% 133.94%
INVESTING ACTIVITIES
Capital Expenditures $915.6M $434.3M -$1.036B
YoY Change -188.37% -115.37% 33.28%
Acquisitions
YoY Change
Other Investing Activities -$417.8M -$458.6M -$100.7M
YoY Change 314.88% -51.55% -93.44%
Cash From Investing Activities -$1.333B -$516.0M -$1.137B
YoY Change 17.29% -86.32% -50.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $341.0K
YoY Change -99.97%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 11.01M 333.2M -1.743B
YoY Change -100.63% -65.56% 956.73%
NET CHANGE
Cash From Operating Activities 569.6M 353.8M 664.0M
Cash From Investing Activities -1.333B -516.0M -1.137B
Cash From Financing Activities 11.01M 333.2M -1.743B
Net Change In Cash -752.8M 185.7M -2.216B
YoY Change -66.02% -113.11% 1.03%
FREE CASH FLOW
Cash From Operating Activities $569.6M $353.8M $664.0M
Capital Expenditures $915.6M $434.3M -$1.036B
Free Cash Flow -$346.0M -$80.53M $1.700B
YoY Change -120.35% -101.91% 60.2%

Facts In Submission

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CY2021 vnet Proceeds From Collection Of Longterm Loans To Third Party
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CY2022 vnet Proceeds From Collection Of Longterm Loans To Third Party
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CY2022 us-gaap Payments To Acquire Longterm Investments
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CY2022 vnet Proceeds From Other Long Term Borrowings
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CY2021 vnet Repayments And Deposits For Other Long Term Borrowings
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CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 12pt 18pt;"><span style="font-style:italic;">(c)   Use of estimates</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:0pt;margin:0pt 0pt 12pt 18pt;">The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the period. Significant estimates and assumptions reflected in the Company’s financial statements include, but are not limited to, determining the valuation allowance for deferred tax assets, the fair value of convertible promissory notes, the fair value of assets acquired and liabilities assumed in acquisitions, the recoverability of long-lived assets and goodwill, and incremental borrowing rate of leases. Changes in facts and circumstances may result in revised estimates. Actual results could differ from those estimates, and as such, differences may be material to the consolidated financial statements.</p>
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2393000
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
18399000
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
35409000
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
5134000
CY2022Q4 vnet Deferred Government Grants
DeferredGovernmentGrants
916000
CY2020Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
8684000
CY2021Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
11422000
CY2022Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
15322000
CY2022Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
2221000
CY2022 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
39374000
CY2022 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
5709000
CY2022 vnet Percentage Of Interest In Limited Partnerships Apply Equity Method Of Accounting
PercentageOfInterestInLimitedPartnershipsApplyEquityMethodOfAccounting
0.03
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
81619000
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
109267000
CY2020 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
35793000
CY2021 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
106311000
CY2020 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
38654000
CY2020 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
7172000
CY2021 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
2956000
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
55695000
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
95078000
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
13785000
CY2021 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
103925000
CY2022 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
172328000
CY2020 us-gaap Advertising Expense
AdvertisingExpense
7779000
CY2021 us-gaap Advertising Expense
AdvertisingExpense
7272000
CY2022 us-gaap Advertising Expense
AdvertisingExpense
6829000
CY2022 us-gaap Advertising Expense
AdvertisingExpense
990000
CY2020 vnet Interest Expense And Amortization Cost Of Bonds
InterestExpenseAndAmortizationCostOfBonds
223785000
CY2021 vnet Interest Expense And Amortization Cost Of Bonds
InterestExpenseAndAmortizationCostOfBonds
133959000
CY2020 vnet Interest Expense And Amortization Cost Of Convertible Notes
InterestExpenseAndAmortizationCostOfConvertibleNotes
18880000
CY2021 vnet Interest Expense And Amortization Cost Of Convertible Notes
InterestExpenseAndAmortizationCostOfConvertibleNotes
25919000
CY2022 vnet Interest Expense And Amortization Cost Of Convertible Notes
InterestExpenseAndAmortizationCostOfConvertibleNotes
58350000
CY2022 vnet Interest Expense And Amortization Cost Of Convertible Notes
InterestExpenseAndAmortizationCostOfConvertibleNotes
8460000
CY2020 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
39424000
CY2022 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
24986000
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
130196000
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
124567000
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
104088000
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
15091000
CY2020 us-gaap Interest Costs Incurred
InterestCostsIncurred
412285000
CY2021 us-gaap Interest Costs Incurred
InterestCostsIncurred
388370000
CY2022 us-gaap Interest Costs Incurred
InterestCostsIncurred
334766000
CY2022 us-gaap Interest Costs Incurred
InterestCostsIncurred
48537000
CY2020 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
31676000
CY2021 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
53420000
CY2022 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
61461000
CY2022 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
8911000
CY2020 us-gaap Interest Expense
InterestExpense
380609000
CY2021 us-gaap Interest Expense
InterestExpense
334950000
CY2022 us-gaap Interest Expense
InterestExpense
273305000
CY2022 us-gaap Interest Expense
InterestExpense
39626000
CY2022Q4 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
167000
CY2021Q4 vnet Allowance For Doubtful Accounts And Notes Receivable Current
AllowanceForDoubtfulAccountsAndNotesReceivableCurrent
99620000
CY2020 vnet Appreciation Or Depreciation Of Functional Currency Of Entity And Its Subsidiaries And Variable Interest Entitys Against Reporting Currency By Percentage
AppreciationOrDepreciationOfFunctionalCurrencyOfEntityAndItsSubsidiariesAndVariableInterestEntitysAgainstReportingCurrencyByPercentage
-0.065
CY2021 vnet Appreciation Or Depreciation Of Functional Currency Of Entity And Its Subsidiaries And Variable Interest Entitys Against Reporting Currency By Percentage
AppreciationOrDepreciationOfFunctionalCurrencyOfEntityAndItsSubsidiariesAndVariableInterestEntitysAgainstReportingCurrencyByPercentage
-0.023
CY2022 vnet Appreciation Or Depreciation Of Functional Currency Of Entity And Its Subsidiaries And Variable Interest Entitys Against Reporting Currency By Percentage
AppreciationOrDepreciationOfFunctionalCurrencyOfEntityAndItsSubsidiariesAndVariableInterestEntitysAgainstReportingCurrencyByPercentage
0.092
CY2021Q4 vnet Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Operating Lease Right Of Use Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOperatingLeaseRightOfUseAssets
20929000
CY2021Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
1504669000
CY2022Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
1897111000
CY2022Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
275055000
CY2021Q4 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
948000
CY2022Q4 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
1151000
CY2022Q4 vnet Allowance For Doubtful Accounts And Notes Receivable Current
AllowanceForDoubtfulAccountsAndNotesReceivableCurrent
134569000
CY2022Q4 vnet Allowance For Doubtful Accounts And Notes Receivable Current
AllowanceForDoubtfulAccountsAndNotesReceivableCurrent
19511000
CY2021Q4 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
1405997000
CY2022Q4 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
1763693000
CY2022Q4 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
255711000
CY2019Q4 vnet Allowance For Doubtful Accounts And Notes Receivable Current
AllowanceForDoubtfulAccountsAndNotesReceivableCurrent
67828000
CY2020Q4 vnet Allowance For Doubtful Accounts And Notes Receivable Current
AllowanceForDoubtfulAccountsAndNotesReceivableCurrent
68921000
CY2021Q4 vnet Allowance For Doubtful Accounts And Notes Receivable Current
AllowanceForDoubtfulAccountsAndNotesReceivableCurrent
99620000
CY2021Q4 vnet Allowance For Doubtful Accounts And Notes Receivable Current
AllowanceForDoubtfulAccountsAndNotesReceivableCurrent
14444000
CY2021 vnet Accounts And Notes Receivable Additional Provision Due To Business Combination
AccountsAndNotesReceivableAdditionalProvisionDueToBusinessCombination
16256000
CY2020 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
2393000
CY2021 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
14990000
CY2022 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
34949000
CY2022 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
5067000
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
4040000
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
547000
CY2020Q4 vnet Allowance For Doubtful Accounts And Notes Receivable Current
AllowanceForDoubtfulAccountsAndNotesReceivableCurrent
68921000
CY2021Q4 vnet Allowance For Doubtful Accounts And Notes Receivable Current
AllowanceForDoubtfulAccountsAndNotesReceivableCurrent
99620000
CY2022Q4 vnet Allowance For Doubtful Accounts And Notes Receivable Current
AllowanceForDoubtfulAccountsAndNotesReceivableCurrent
134569000
CY2022Q4 vnet Allowance For Doubtful Accounts And Notes Receivable Current
AllowanceForDoubtfulAccountsAndNotesReceivableCurrent
19511000
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
942990000
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
988467000
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
143314000
CY2021Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
964262000
CY2022Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
620901000
CY2022Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
90022000
CY2021Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
68887000
CY2022Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
59653000
CY2022Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
8649000
CY2021Q4 vnet Loan To Third Parties Current
LoanToThirdPartiesCurrent
17492000
CY2022Q4 vnet Loan To Third Parties Current
LoanToThirdPartiesCurrent
376851000
CY2022Q4 vnet Loan To Third Parties Current
LoanToThirdPartiesCurrent
54638000
CY2021Q4 vnet Staff Advances Current
StaffAdvancesCurrent
1561000
CY2021Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
53991000
CY2022Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
98092000
CY2022Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
14225000
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2049911000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2147500000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
311361000
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
11183652000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
14866510000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2155442000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4206943000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5548663000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
804482000
CY2021Q4 vnet Property Plant And Equipment Net Excluding Construction In Progress
PropertyPlantAndEquipmentNetExcludingConstructionInProgress
6976709000
CY2022Q4 vnet Property Plant And Equipment Net Excluding Construction In Progress
PropertyPlantAndEquipmentNetExcludingConstructionInProgress
9317847000
CY2022Q4 vnet Property Plant And Equipment Net Excluding Construction In Progress
PropertyPlantAndEquipmentNetExcludingConstructionInProgress
1350960000
CY2021Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
3239407000
CY2022Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
2770348000
CY2022Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
401663000
CY2021Q4 vnet Tangible Asset Impairment
TangibleAssetImpairment
123697000
CY2022Q4 vnet Tangible Asset Impairment
TangibleAssetImpairment
123697000
CY2022Q4 vnet Tangible Asset Impairment
TangibleAssetImpairment
17934000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
10092419000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11964498000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1734689000
CY2020 us-gaap Depreciation
Depreciation
908387000
CY2021 us-gaap Depreciation
Depreciation
1164725000
CY2022 us-gaap Depreciation
Depreciation
1462550000
CY2022 us-gaap Depreciation
Depreciation
212050000
CY2020 us-gaap Depreciation
Depreciation
908387000
CY2021 us-gaap Depreciation
Depreciation
1164725000
CY2022 us-gaap Depreciation
Depreciation
1462550000
CY2022 us-gaap Depreciation
Depreciation
212050000
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
1954707000
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
2102896000
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
304891000
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
629927000
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
847449000
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
122869000
CY2021Q4 vnet Finance Lease Right Of Use Assets Net Excluding Construction In Progress
FinanceLeaseRightOfUseAssetsNetExcludingConstructionInProgress
1324780000
CY2022Q4 vnet Finance Lease Right Of Use Assets Net Excluding Construction In Progress
FinanceLeaseRightOfUseAssetsNetExcludingConstructionInProgress
1255447000
CY2022Q4 vnet Finance Lease Right Of Use Assets Net Excluding Construction In Progress
FinanceLeaseRightOfUseAssetsNetExcludingConstructionInProgress
182022000
CY2021Q4 vnet Finance Lease Right Of Use Asset Accumulated Impairment
FinanceLeaseRightOfUseAssetAccumulatedImpairment
-17377000
CY2022Q4 vnet Finance Lease Right Of Use Asset Accumulated Impairment
FinanceLeaseRightOfUseAssetAccumulatedImpairment
-18808000
CY2022Q4 vnet Finance Lease Right Of Use Asset Accumulated Impairment
FinanceLeaseRightOfUseAssetAccumulatedImpairment
-2727000
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
1307403000
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
1236639000
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
179295000
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1552460000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
614355000
CY2021 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
37770000
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
900335000
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2282473000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
744083000
CY2022 vnet Impairment Of Intangible Asset Finite Lived Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag
ImpairmentOfIntangibleAssetFiniteLivedStatementOfIncomeOrComprehensiveIncomeExtensibleEnumerationNotDisclosedFlag
true
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
41259000
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1497131000
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
217064000
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
72690000
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
94751000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
122470000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
17756000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
139191000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
20181000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
106304000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
15413000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
78978000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
11451000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
78978000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
11451000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
63847000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
9257000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
467298000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
67753000
CY2021Q4 vnet Land Use Rights
LandUseRights
368101000
CY2022Q4 vnet Land Use Rights
LandUseRights
617808000
CY2022Q4 vnet Land Use Rights
LandUseRights
89574000
CY2021Q4 vnet Land Use Rights Accumulated Amortization
LandUseRightsAccumulatedAmortization
30866000
CY2022Q4 vnet Land Use Rights Accumulated Amortization
LandUseRightsAccumulatedAmortization
41788000
CY2022Q4 vnet Land Use Rights Accumulated Amortization
LandUseRightsAccumulatedAmortization
6059000
CY2021Q4 vnet Land Use Rights Net
LandUseRightsNet
337235000
CY2022Q4 vnet Land Use Rights Net
LandUseRightsNet
576020000
CY2022Q4 vnet Land Use Rights Net
LandUseRightsNet
83515000
CY2021Q4 vnet Carrying Value Of Land Use Rights
CarryingValueOfLandUseRights
135821000
CY2022Q4 vnet Carrying Value Of Land Use Rights
CarryingValueOfLandUseRights
115895000
CY2022Q4 vnet Carrying Value Of Land Use Rights
CarryingValueOfLandUseRights
16803000
CY2020Q4 us-gaap Goodwill
Goodwill
994993000
CY2021Q4 us-gaap Goodwill
Goodwill
1339657000
CY2021Q4 us-gaap Goodwill
Goodwill
194232000
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
344664000
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
24534000
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
3557000
CY2021Q4 us-gaap Goodwill
Goodwill
1339657000
CY2022Q4 us-gaap Goodwill
Goodwill
1364191000
CY2022Q4 us-gaap Goodwill
Goodwill
197789000
CY2021Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
17137000
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
17137000
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
2485000
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
79506000
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
223457000
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
32398000
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1600000
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1600000
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
232000
CY2021Q4 us-gaap Long Term Investments
LongTermInvestments
98243000
CY2022Q4 us-gaap Long Term Investments
LongTermInvestments
242194000
CY2022Q4 us-gaap Long Term Investments
LongTermInvestments
35115000
CY2020Q4 us-gaap Equity Method Investment Aggregate Cost
EquityMethodInvestmentAggregateCost
140837000
CY2020 vnet Gain Loss Of Equity Method Investments
GainLossOfEquityMethodInvestments
-24170000
CY2020 vnet Amount Of Investment In Equity Investee
AmountOfInvestmentInEquityInvestee
116667000
CY2021 vnet Increase Decrease In Cost Of Investments In Equity Method Investments
IncreaseDecreaseInCostOfInvestmentsInEquityMethodInvestments
5000000
CY2021 vnet Increase Decrease In Share Equity Gain Loss In Equity Method Investments
IncreaseDecreaseInShareEquityGainLossInEquityMethodInvestments
-38666000
CY2021 vnet Increase Decrease In Disposal Gain Loss In Equity Method Investments
IncreaseDecreaseInDisposalGainLossInEquityMethodInvestments
-3495000
CY2021Q4 us-gaap Equity Method Investment Aggregate Cost
EquityMethodInvestmentAggregateCost
145837000
CY2021 vnet Gain Loss Of Equity Method Investments
GainLossOfEquityMethodInvestments
-62836000
CY2021 vnet Impairment Of Receivables From Equity Investees
ImpairmentOfReceivablesFromEquityInvestees
-3495000
CY2021 vnet Amount Of Investment In Equity Investee
AmountOfInvestmentInEquityInvestee
79506000
CY2021Q4 us-gaap Equity Method Investment Aggregate Cost
EquityMethodInvestmentAggregateCost
145837000
CY2021 vnet Gain Loss Of Equity Method Investments
GainLossOfEquityMethodInvestments
-62836000
CY2021 vnet Impairment Of Receivables From Equity Investees
ImpairmentOfReceivablesFromEquityInvestees
-3495000
CY2021 vnet Amount Of Investment In Equity Investee
AmountOfInvestmentInEquityInvestee
79506000
CY2022 vnet Increase Decrease In Cost Of Investments In Equity Method Investments
IncreaseDecreaseInCostOfInvestmentsInEquityMethodInvestments
213900000
CY2022 vnet Increase Decrease In Share Equity Gain Loss In Equity Method Investments
IncreaseDecreaseInShareEquityGainLossInEquityMethodInvestments
-1925000
CY2022 vnet Increase Decrease In Disposal Gain Loss In Equity Method Investments
IncreaseDecreaseInDisposalGainLossInEquityMethodInvestments
-71874000
CY2022Q4 us-gaap Equity Method Investment Aggregate Cost
EquityMethodInvestmentAggregateCost
258737000
CY2022 vnet Gain Loss Of Equity Method Investments
GainLossOfEquityMethodInvestments
-31785000
CY2022 vnet Impairment Of Receivables From Equity Investees
ImpairmentOfReceivablesFromEquityInvestees
3495000
CY2022 vnet Amount Of Investment In Equity Investee
AmountOfInvestmentInEquityInvestee
223457000
CY2022 vnet Amount Of Investment In Equity Investee
AmountOfInvestmentInEquityInvestee
32398000
CY2022Q4 vnet Estimated Recoverable Amount Of Investments Derecognized
EstimatedRecoverableAmountOfInvestmentsDerecognized
56642000
CY2022Q4 vnet Estimated Recoverable Amount Of Investments Derecognized
EstimatedRecoverableAmountOfInvestmentsDerecognized
8212000
CY2022 us-gaap Equity Method Investment Other Than Temporary Impairment
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3495000
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1704221000
CY2022Q4 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
293500000
CY2022Q4 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
42553000
CY2021 vnet Percentage Of Prepayments On Other Non Current Assets
PercentageOfPrepaymentsOnOtherNonCurrentAssets
0.87
CY2022 vnet Percentage Of Prepayments On Other Non Current Assets
PercentageOfPrepaymentsOnOtherNonCurrentAssets
0.53
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230805000
CY2022Q4 us-gaap Loans Payable To Bank Current
LoansPayableToBankCurrent
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CY2022Q4 us-gaap Loans Payable To Bank Current
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153353000
CY2022Q4 us-gaap Other Long Term Debt Current
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194079000
CY2022Q4 us-gaap Other Long Term Debt Current
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28139000
CY2021Q4 us-gaap Long Term Debt Current
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CY2022Q4 us-gaap Long Term Debt Current
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CY2022Q4 us-gaap Long Term Debt Current
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CY2021Q4 us-gaap Long Term Loans From Bank
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CY2022Q4 us-gaap Long Term Loans From Bank
LongTermLoansFromBank
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CY2022Q4 us-gaap Long Term Loans From Bank
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355607000
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CY2022Q4 us-gaap Debt Longterm And Shortterm Combined Amount
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CY2021Q4 vnet Liability Classified Share Based Payments
LiabilityClassifiedShareBasedPayments
55156000
CY2022Q4 vnet Liability Classified Share Based Payments
LiabilityClassifiedShareBasedPayments
131116000
CY2022Q4 vnet Liability Classified Share Based Payments
LiabilityClassifiedShareBasedPayments
19010000
CY2021Q4 vnet Payables For Office Supplies And Utilities
PayablesForOfficeSuppliesAndUtilities
54056000
CY2022Q4 vnet Payables For Office Supplies And Utilities
PayablesForOfficeSuppliesAndUtilities
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CY2022Q4 vnet Payables For Office Supplies And Utilities
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1217835000
CY2022Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
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CY2022Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
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458791000
CY2021Q4 vnet Long Term Borrowings
LongTermBorrowings
2599173000
CY2022Q4 vnet Long Term Borrowings
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3533876000
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LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
513977000
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LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
335999000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
48715000
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1338336000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
194040000
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PayablesForPurchaseOfPropertyEquipmentAndSoftwareCurrent
1464086000
CY2022Q4 vnet Payables For Purchase Of Property Equipment And Software Current
PayablesForPurchaseOfPropertyEquipmentAndSoftwareCurrent
1280742000
CY2022Q4 vnet Payables For Purchase Of Property Equipment And Software Current
PayablesForPurchaseOfPropertyEquipmentAndSoftwareCurrent
185690000
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288613000
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433376000
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62834000
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ShareConsiderationDueToOriginalShareholdersForBusinessCombination
214577000
CY2022Q4 vnet Share Consideration Due To Original Shareholders For Business Combination
ShareConsiderationDueToOriginalShareholdersForBusinessCombination
229323000
CY2022Q4 vnet Share Consideration Due To Original Shareholders For Business Combination
ShareConsiderationDueToOriginalShareholdersForBusinessCombination
33249000
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62498000
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66494000
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25092000
CY2022Q4 us-gaap Taxes Payable Current
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31706000
CY2022Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
4597000
CY2021Q4 vnet Amounts Due To Original Shareholders For Acquired Entities
AmountsDueToOriginalShareholdersForAcquiredEntities
21560000
CY2022Q4 vnet Amounts Due To Original Shareholders For Acquired Entities
AmountsDueToOriginalShareholdersForAcquiredEntities
21560000
CY2022Q4 vnet Amounts Due To Original Shareholders For Acquired Entities
AmountsDueToOriginalShareholdersForAcquiredEntities
3126000
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InterestPayableCurrent
35785000
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
5188000
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61051000
CY2022Q4 us-gaap Other Sundry Liabilities Current
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63284000
CY2022Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
9175000
CY2021Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
2298089000
CY2022Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
2410479000
CY2022Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
349487000
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y9M18D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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FinanceLeaseWeightedAverageRemainingLeaseTerm1
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CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P18Y10M24D
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OperatingLeaseWeightedAverageDiscountRatePercent
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CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0750
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FinanceLeaseWeightedAverageDiscountRatePercent
0.0727
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
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FinanceLeaseRightOfUseAssetAmortization
255458000
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
274052000
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
224140000
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
32497000
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FinanceLeaseInterestExpense
130196000
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
124567000
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
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CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
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OperatingLeaseCost
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CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
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CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
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CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
100214000
CY2020 us-gaap Lease Cost
LeaseCost
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CY2021 us-gaap Lease Cost
LeaseCost
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CY2022 us-gaap Lease Cost
LeaseCost
1019425000
CY2022 us-gaap Lease Cost
LeaseCost
147802000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
2637314000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
382375000
CY2022Q4 us-gaap Finance Lease Liability Payments Due After Year Five
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OperatingLeasePayments
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OperatingLeasePayments
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CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
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OperatingLeasePayments
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FinanceLeasePrincipalPayments
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LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
699299000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
101389000
CY2022Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
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CY2022Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
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LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
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FinanceLeaseLiabilityPaymentsDueYearTwo
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CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
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LesseeOperatingLeaseLiabilityPaymentsDueYearThree
569269000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
82536000
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Three
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CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
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LesseeOperatingLeaseLiabilityPaymentsDueYearFour
519993000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
75392000
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
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CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
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LesseeOperatingLeaseLiabilityPaymentsDueYearFive
394271000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
57164000
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CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
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FinanceLeaseLiabilityPaymentsDueAfterYearFive
235836000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
786763000
CY2022Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
2417582000
CY2022Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
350516000
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LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1846885000
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
267774000
CY2022Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1163682000
CY2022Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
168717000
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OperatingLeaseLiability
3579571000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
518989000
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
1253900000
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
181799000
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CY2022Q4 us-gaap Operating Lease Liability Current
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206260000
CY2022Q4 us-gaap Finance Lease Liability Current
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P5Y
CY2021 vnet Proceeds From Government Grants
ProceedsFromGovernmentGrants
0
CY2021 vnet Proceeds From Government Grants
ProceedsFromGovernmentGrants
0
CY2022 vnet Proceeds From Government Grants
ProceedsFromGovernmentGrants
5000000
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8501000
CY2020Q4 vnet Deferred Government Grants
DeferredGovernmentGrants
6174000
CY2021Q4 vnet Deferred Government Grants
DeferredGovernmentGrants
4368000
CY2022 vnet Social Insurance Contribution Plan Textblock
SocialInsuranceContributionPlanTextblock
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 12pt 0pt;">22.  MAINLAND CHINA EMPLOYEE CONTRIBUTION PLAN</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:0pt;margin:0pt 0pt 0pt 18pt;">As stipulated by the regulations of the PRC, full-time employees of the Company in the PRC participate in a government-mandated multiemployer defined contribution plan organized by municipal and provincial governments. Under the plan, certain pension benefits, medical care, unemployment insurance, employee housing fund and other welfare benefits are provided to employees. The Company is required to make contributions to the plan based on certain percentages of employees’ salaries. The total expenses for the plan were RMB77,982, RMB158,673 and RMB191,914 (US$27,825) for the years ended December 31, 2020, 2021 and 2022, respectively.</p>
CY2021 vnet Share Based Compensation Fair Value Of Shares Exercised During Period
ShareBasedCompensationFairValueOfSharesExercisedDuringPeriod
122000
CY2022 vnet Share Based Compensation Fair Value Of Shares Exercised During Period
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4000
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2336000
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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67000
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2000
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Nonvested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueNonvested
0
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55156000
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
75960000
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11013000
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2682000
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ShareBasedCompensation
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CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
320010000
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
118170000
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
17133000
CY2008Q1 vnet Enterprise Income Tax Rate
EnterpriseIncomeTaxRate
0.25
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-2570923000
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626508000
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-628530000
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16757000
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325000
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CY2022 us-gaap Deferred Income Tax Expense Benefit
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2593000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
109336000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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133464000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19350000
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0.25
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0.25
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626508000
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-628530000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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642731000
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-156627000
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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157133000
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
22782000
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
4117000
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
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