it's quite easy:
[root@dhcp0-95 ~]# cat /proc/vz/vestat
Version: 2.2
                VEID                 user                 nice               system               uptime                 idle                 strv               uptime                 used               maxlat               totlat             numsched
                 100                 1634                    0                 1712            343011435     1277332114762816                    0      638679179771038          16971458021                 4921           5633592426               145722
                   1               157635                    0                29103            488618806     1818929923633445                    0      909796661898187         512196984005                 4858          50362877628              2524559
                 101                  759                    0                 1844            488627361     1819537209544684                    0      909812591751777          33663331702                 4529          10257230389               713559
                 103                  765                    0                 1468            488628230     1819533866071061                    0      909814208459884          28408677122                 5117          11686660006               712016
                 105                 4522                    0                 5088            488628270     1819572969105220                    0      909814283772065          22621645151                 4949           7557632985               125350
- column 1 "VEID": VE id 
- column 2 "user", 3 "nice", 4 "system", 5 "uptime" - corresponding std user/nice/system/uptime values in jiffies to standalone linux /proc/stat. Note, there is no "idle" time here, since it can't be calculated this way.
the next group comes in cycles units:
- column 6 "idle" - idle time, 7 "strv" - not used, 8 "uptime" - uptime in cycles, 9 "used" - used time by VE across all CPUs in cycles
the next group is scheduling latency statistics in cycles:
- column 10 "maxlat" - max latency in cycles meaning how long VE process has to wait before it actually got CPU time.
- column 11/12 "totlat/numsched", i.e. divide 11 on 12 to get average scheduling latency.
you can also read:
[root@dhcp0-95 ~]# cat /proc/vz/stats
Version: 2.6
cycles_per_jiffy: 1860831
jiffies_per_second: 1000
to understand how many cycles and jiffies are per second.