Financial Snapshot

Revenue
$10.53B
TTM
Gross Margin
19.77%
TTM
Net Earnings
-$4.213B
TTM
Current Assets
$14.31B
Q2 2024
Current Liabilities
$10.28B
Q2 2024
Current Ratio
139.19%
Q2 2024
Total Assets
$79.17B
Q2 2024
Total Liabilities
$56.61B
Q2 2024
Book Value
$22.56B
Q2 2024
Cash
P/E
-5.920
Nov 15, 2024 EST
Free Cash Flow
-$2.593B
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $9.957B $9.326B $7.819B $5.739B $4.122B $2.792B $1.616B $1.056B
YoY Change 6.76% 19.27% 36.24% 39.21% 47.65% 72.76% 53.05%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $9.957B $9.326B $7.819B $5.739B $4.122B $2.792B $1.616B $1.056B
Cost Of Revenue $8.034B $7.390B $6.039B $4.189B $3.080B $2.170B $1.208B $790.3M
Gross Profit $1.922B $1.936B $1.779B $1.550B $1.043B $622.4M $408.5M $265.7M
Gross Profit Margin 19.31% 20.76% 22.76% 27.02% 25.29% 22.29% 25.27% 25.16%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Selling, General & Admin $1.330B $1.336B $1.041B $716.9M $530.9M $432.9M $312.1M $293.5M
YoY Change -0.44% 28.24% 45.28% 35.03% 22.64% 38.7% 6.32%
% of Gross Profit 69.16% 68.99% 58.53% 46.24% 50.91% 69.54% 76.4% 110.48%
Research & Development $38.16M $35.81M $33.64M $36.37M $20.35M $13.34M $6.708M $8.376M
YoY Change 6.57% 6.44% -7.5% 78.72% 52.51% 98.91% -19.91%
% of Gross Profit 1.98% 1.85% 1.89% 2.35% 1.95% 2.14% 1.64% 3.15%
Depreciation & Amortization $3.520B $2.947B $2.617B $1.638B $1.142B $741.5M $378.1M $227.4M
YoY Change 19.43% 12.62% 59.72% 43.47% 54.01% 96.1% 66.32%
% of Gross Profit 183.09% 152.24% 147.06% 105.68% 109.52% 119.13% 92.57% 85.58%
Operating Expenses $1.368B $1.371B $1.210B $877.5M $562.9M $454.1M $326.2M $308.0M
YoY Change -0.26% 13.34% 37.88% 55.88% 23.97% 39.19% 5.91%
Operating Profit $554.7M $551.8M $569.5M $672.9M $479.8M $168.4M $82.23M -$42.37M
YoY Change 0.53% -3.12% -15.37% 40.26% 184.98% 104.74% -294.06%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Interest Expense -$1.940B $1.888B -$1.612B -$1.309B -$921.7M -$616.7M -$418.7M -$244.9M
YoY Change -202.74% -217.12% 23.19% 41.97% 49.46% 47.28% 71.0%
% of Operating Profit -349.68% 342.15% -283.03% -194.45% -192.1% -366.29% -509.19%
Other Income/Expense, Net $98.24M $1.912M $86.65M $32.00M $15.46M $8.653M $3.497M $2.501M
YoY Change 5037.81% -97.79% 170.77% 106.96% 78.7% 147.44% 39.82%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Pretax Income -$4.300B -$989.9M -$948.8M -$548.4M -$426.4M -$439.7M -$333.0M -$284.7M
YoY Change 334.41% 4.34% 72.99% 28.61% -3.01% 32.04% 16.95%
Income Tax -$14.78M $276.2M $242.5M $120.8M $15.65M -$9.391M -$6.076M -$8.315M
% Of Pretax Income
Net Earnings -$4.344B -$1.269B -$1.187B -$666.4M -$442.1M -$430.3M -$326.9M -$276.4M
YoY Change 242.32% 6.88% 78.15% 50.74% 2.75% 31.62% 18.27%
Net Earnings / Revenue -43.63% -13.61% -15.18% -11.61% -10.72% -15.41% -20.23% -26.18%
Basic Earnings Per Share -$2.96 -$1.03 -$0.90 -$0.59
Diluted Earnings Per Share -$2.96 -$1.03 -$817.1K -$531.6K -$400.8K -$434.5K -$416.7K -$924.2K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Cash & Short-Term Investments $7.711B $8.608B $9.968B $16.26B $5.811B $2.162B $1.873B $1.811B
YoY Change -10.43% -13.64% -38.69% 179.81% 168.82% 15.38% 3.43%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $512.6M $772.2M $2.534B $423.4M $263.8M $175.5M $103.6M $126.7M
YoY Change -33.61% -69.53% 498.49% 60.49% 50.36% 69.35% -18.23%
Inventory
Prepaid Expenses
Receivables $2.546B $2.406B $1.733B $1.480B $880.0M $536.8M $364.7M $198.9M
Other Receivables $214.4M $164.7M $229.1M $155.6M $130.0M $163.5M $112.3M $73.44M
Total Short-Term Assets $10.98B $11.95B $14.46B $18.32B $7.085B $3.037B $2.454B $2.210B
YoY Change -8.09% -17.37% -21.04% 158.57% 133.25% 23.77% 11.03%
Property, Plant & Equipment $52.94B $52.55B $44.65B $32.66B $19.98B $13.99B $8.166B $4.323B
YoY Change 0.73% 17.68% 36.74% 63.43% 42.78% 71.39% 88.89%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.762B $1.033B $1.937B $1.457B $1.238B $1.130B $315.7M $138.1M
YoY Change 167.52% -46.69% 32.93% 17.73% 9.53% 257.96% 128.5%
Total Long-Term Assets $63.46B $62.86B $57.17B $38.94B $24.41B $17.85B $10.69B $5.994B
YoY Change 0.95% 9.96% 46.81% 59.54% 36.75% 66.95% 78.37%
Total Assets $74.45B $74.81B $71.63B $57.26B $31.49B $20.89B $13.14B $8.204B
YoY Change
Accounts Payable $3.425B $3.093B $3.902B $3.657B $1.676B $1.508B $1.110B $513.5M
YoY Change 10.74% -20.73% 6.69% 118.21% 11.14% 35.81% 116.23%
Accrued Expenses $1.499B $990.1M $2.686B $1.370B $758.6M $387.7M $316.1M $163.3M
YoY Change 51.37% -63.13% 96.05% 80.58% 95.66% 22.67% 93.5%
Deferred Revenue
YoY Change
Short-Term Debt $674.0M $1.652B $4.640B $1.231B $397.2M $684.8M $462.9M $239.8M
YoY Change -59.21% -64.39% 276.98% 209.85% -41.99% 47.92% 93.07%
Long-Term Debt Due $3.382B $4.509B $2.007B $1.177B $963.0M $765.4M $425.5M $477.3M
YoY Change -25.01% 124.63% 70.55% 22.23% 25.81% 79.9% -10.86%
Total Short-Term Liabilities $8.305B $10.60B $13.47B $7.644B $4.000B $3.508B $2.423B $1.479B
YoY Change -21.67% -21.25% 76.16% 91.12% 14.02% 44.77% 63.81%
Long-Term Debt $43.04B $36.73B $29.11B $20.59B $14.83B $11.34B $5.763B $3.573B
YoY Change 17.17% 26.16% 41.38% 38.87% 30.74% 96.83% 61.28%
Other Long-Term Liabilities $2.982B $1.886B $2.423B $1.892B $1.056B $340.8M $358.9M $111.7M
YoY Change 58.1% -22.15% 28.05% 79.26% 209.71% -5.04% 221.29%
Total Long-Term Liabilities $46.02B $38.62B $31.54B $22.49B $15.88B $11.68B $6.122B $3.685B
YoY Change 19.17% 22.45% 40.26% 41.55% 35.96% 90.85% 66.13%
Total Liabilities $54.49B $50.75B $46.20B $30.71B $20.14B $15.36B $8.669B $5.217B
YoY Change 7.38% 9.84% 50.43% 52.51% 31.07% 77.22% 66.16%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Basic Shares Outstanding 1.468B 1.464B 1.453B 1.254B
Diluted Shares Outstanding 1.468B 1.464B 1.453B 1.254B
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $24.941 Billion

About

GDS Holdings Ltd. engages in developing and operating data centers in China. The company is headquartered in Shanghai, Shanghai and currently employs 2,345 full-time employees. The company went IPO on 2016-11-02. The firm is neutral to operators and cloud service providers, which enables its customers to access all the major telecommunications networks in China, as well as Chinese and global public clouds which it hosts in many of its facilities. The company offers colocation and managed services, including direct private connection to public clouds, a service platform for managing hybrid clouds, and where required, the resale of public cloud services. The company also provides outsourced data center services. Its customers, which consist of cloud service providers, Internet companies, financial institutions, telecommunications carriers, information technology (IT) service providers, large enterprises and public services customers. The firm mainly conducts its businesses in the Chinese market.

Industry: Services-Computer Programming, Data Processing, Etc. Peers: