GDS Holdings Limited

GDS Holdings Limited

GDS
GDS Holdings LimitedUS flagNASDAQ Global Market
33.48
USD
+0.92
- -
6.53BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.1
4.65
11.12
16.61
22.56
29.9
36.63
43.05
50.63
53.3
55.98
60.15
62.82
Basic EPS, GAAP
-0.88
-0.7
-6.41
-3.36
-3.48
-3.5
-4.71
-7.23
-8.25
-23.67
18.28
4.71
14.41
Free Cash Flow per Basic Share
-1.46
-5.38
-11.76
-19.88
-35.55
-33.57
-50.4
-47.79
-29.19
-7.41
-7.14
-6.99
-7.39
Dividend per Share
- -
- -
0.81
- -
- -
0.18
0.42
0.27
0.28
0.29
0.29
0.28
- -
Book Value per Share
-3.2
-3.85
-9.04
-12.18
-13.05
-14.92
-17.38
-21.53
-28.29
-51.6
-32.78
-26.8
-12.72
Tangible Book Value per Share
-23.53
-27.14
16.06
26
20.44
44.85
131.76
82.51
81.89
67.9
87.85
111.56
124.25
Basic Weighted Avg Shares
151
151
95
97
124
138
157
182
183
184
184
190
192
Sales/Revenue/Turnover
468
704
1,056
1,616
2,792
4,122
5,739
7,819
9,268
9,782
10,322
11,432
12,076
Operating Margin (%)
-15.12
0.38
-3.8
5.28
6.14
11.88
12.2
8.41
8.86
9.1
11.42
13.44
17.22
Depreciation Expense
83
145
227
378
742
1,142
1,659
2,657
3,221
3,475
3,353
3,568
3,543
Net Income, GAAP
-130
-99
-276
-327
-430
-442
-685
-1,265
-1,459
-4,290
3,425
950
2,835
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
65.87
109.47
Profit Margin (%)
-27.76
-14.01
-26.18
-20.23
-15.41
-10.72
-11.94
-16.18
-15.74
-43.85
33.19
8.31
23.48
Working Capital
-152
262
731
31
-470
3,085
10,675
999
1,348
2,678
2,535
11,419
10,947
LT Debt
739
2,032
3,573
5,763
11,343
15,539
22,136
30,997
38,347
40,761
39,364
43,765
37,711
Total Equity
-17
-341
2,986
4,476
5,522
10,294
25,687
24,938
24,185
20,124
23,669
27,737
32,442
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.73
-0.27
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
3.69
6.01
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
3,409
3,759
9,475
LT Borrowings
35,182
35,508
30,883
LT Finance Leases
8,373
8,257
6,828
Preferred Equity and Hybrid Capital
1,068
1,057
3,119
Shares Outstanding
1,603
1,603
1,603
Market Capitalization
51,766
46,392
53,438

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
17,261
18,547
23,583
Cash, Cash Equivalents & STI
13,444
14,974
14,822
Accounts Receivable, Net
2,868
2,467
2,957
Inventories
- -
- -
- -
Total Current Liabilities
6,868
7,128
12,636
Payables & Accruals
3,459
3,256
3,160
ST Debt
3,409
3,759
9,475
Deferred Revenue
- -
114
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-65.58%
2.42%
17.19%
Free Cash Flow
20.84%
-21.09%
0.89%
Net Income, GAAP
32.99%
8.39%
-72.28%
Sales/Revenue/Turnover
33.94%
15.32%
10.76%
Total Cash Common Dividend
- -
19.21%
187.3%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,432
2,580
2,620
1,903
10,322
2025
2,723
2,900
2,887
2,922
11,432
2026
3,367
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.96
-1.35
-1.12
22.51
18.28
2025
4.04
-0.46
3.7
-2.47
4.71
2026
13.51
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
- -
- -
- -
0.29
2025
0.07
- -
- -
- -
0.28
2026
- -
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
Wei Huang
Full Time Employees
2,276
Sector
Technology
Industry
Information Technology Services
Address
Building C, Sunland International Shanghai People's Republic of China 200137
IPO Date
Nov 2, 2016
Business
GDS Holdings Limited develops and operates high-performance data centers primarily in China. The company provides colocation services, including critical facilities space, customer-available power, racks, cooling, and physical security; managed hosting services, such as server management, operating system installation, and maintenance; managed cloud services through direct private connections to major public cloud platforms; interconnection services for low-latency connectivity between data centers and cloud providers; and high-performance computing solutions optimized for intensive workloads in finance, research, and manufacturing. GDS serves large internet companies, cloud service providers, financial institutions, telecommunications carriers, and government entities, with operations focused on key markets in China including Shanghai, Beijing, Shenzhen, Chengdu, and Suzhou Kunshan. Founded in 2001 and headquartered in Pudong, Shanghai, China, the company listed on Nasdaq in 2016 and the Hong Kong Stock Exchange in 2020. In recent developments, GDS completed a US$1.0 billion Series B equity raise for its international affiliate, GDS International (rebranded as DayOne), led by investors including Coatue Management and The Baupost Group to fund up to 1 GW of data center capacity outside mainland China, primarily in Singapore-Johor-Batam; secured approval for an initial public offering of its China REIT on the Shanghai Stock Exchange involving data center asset transactions; and reported Q2 2025 financial results with 12.4% revenue growth and reduced net loss. GDS International, established in 2022 with headquarters in Singapore, handles non-China assets and underwent equity dilution to 35.6% GDS ownership following the Series B closing in late 2024.

Company News

MCPAPIChat
  • A Look at GDS Holdings Ltd (GDS) After 4.1% Gain -- GF Value $21.41 vs Price $36.15

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of GDS Holdings Limited - GDS

  • GDS Holdings: Stay Buy Rated As Underlying Orders Continue To Grow

  • A Look at GDS Holdings Ltd (GDS) After 3.9% Gain -- GF Value $21.43 vs Price $36.92

  • GDS Plans To Spend Up To 50B Yuan As AI Data Center Demand Booms

  • Is the Options Market Predicting a Spike in GDS Holdings Stock?

  • GDS to Hold Annual General Meeting on June 25, 2026

  • Are Business Services Stocks Lagging GDS Holdings (GDS) This Year?

  • GDS Holdings Ltd (GDS) Stock Up 3.9% but GF Value Says Overvalued -- GF Score: 72/100

  • Triata Capital Dumps Nearly 2M Shares of This AI Stock

  • Here's Why GDS Holdings (GDS) is Poised for a Turnaround After Losing 18.4% in 4 Weeks

  • GDS Holdings: Navigating The Structural Time Lag Of China's AI Infrastructure Boom

  • GDS Holdings (GDS) Q1 Earnings and Revenues Beat Estimates

  • GDS Q1 Earnings Call Highlights

  • GDS Announces Resignation and Appointment of Independent Director and Audit Committee Chair

  • GDS Holdings Limited Reports First Quarter 2026 Results

  • GDS Was Already Up 47% — Pinpoint Tripled Its Stake Anyway

  • GDS Holdings (GDS) Moves 6.9% Higher: Will This Strength Last?

  • Is GDS Holdings (GDS) Stock Outpacing Its Business Services Peers This Year?

  • A.I.S. Resources engages Geo Data Solutions GDS Inc. to Complete Airborne Magnetic and VLF-EM Geophysical Surveys at its Pocologan Project, New Brunswick