2022 Q4 Form 20-F Financial Statement

#000110465923041218 Filed on April 04, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021 Q4
Revenue $2.404B $9.326B $2.187B
YoY Change 9.9% 19.27% 34.06%
Cost Of Revenue $1.916B $7.390B $1.700B
YoY Change 12.7% 22.36% 41.49%
Gross Profit $488.0M $1.936B $487.3M
YoY Change 0.16% 8.79% 13.31%
Gross Profit Margin 20.3% 20.76% 22.28%
Selling, General & Admin $329.0M $1.336B $322.8M
YoY Change 1.91% 28.24% 21.8%
% of Gross Profit 67.41% 68.99% 66.26%
Research & Development $9.986M $35.81M $12.42M
YoY Change -19.61% 6.44%
% of Gross Profit 2.05% 1.85% 2.55%
Depreciation & Amortization $820.4M $2.947B $739.2M
YoY Change 10.99% 12.62% 54.51%
% of Gross Profit 168.11% 152.24% 151.7%
Operating Expenses $339.0M $1.371B $335.3M
YoY Change 1.11% 13.34% 21.87%
Operating Profit $149.0M $551.8M $152.0M
YoY Change -1.95% -3.12% -1.89%
Interest Expense -$472.1M $1.888B -$446.8M
YoY Change 5.68% -217.12% 14.43%
% of Operating Profit -316.75% 342.15% -293.91%
Other Income/Expense, Net $30.97M $1.912M $37.19M
YoY Change -16.73% -97.79% 388.3%
Pretax Income -$99.86M -$989.9M -$250.6M
YoY Change -60.15% 4.34% 9.95%
Income Tax $78.04M $276.2M $62.33M
% Of Pretax Income
Net Earnings -$194.4M -$1.269B -$315.9M
YoY Change -38.46% 6.88% 17.02%
Net Earnings / Revenue -8.09% -13.61% -14.44%
Basic Earnings Per Share -$1.03
Diluted Earnings Per Share -$0.13 -$1.03 -$216.4K
COMMON SHARES
Basic Shares Outstanding 1.464B
Diluted Shares Outstanding 1.464B

Balance Sheet

Concept 2022 Q4 2022 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.608B $8.608B $9.968B
YoY Change -13.64% -13.64% -38.69%
Cash & Equivalents $8.882B $12.03B
Short-Term Investments
Other Short-Term Assets $427.3M $772.2M $2.534B
YoY Change -83.14% -69.53% 498.49%
Inventory
Prepaid Expenses $186.8M $202.7M
Receivables $2.406B $2.406B $1.733B
Other Receivables $164.7M $164.7M $229.1M
Total Short-Term Assets $11.95B $11.95B $14.46B
YoY Change -17.37% -17.37% -21.04%
LONG-TERM ASSETS
Property, Plant & Equipment $52.55B $52.55B $44.65B
YoY Change 17.68% 17.68% 36.74%
Goodwill $7.077B $7.077B
YoY Change 0.0% 172.55%
Intangibles $1.048B $1.283B
YoY Change -18.32%
Long-Term Investments
YoY Change
Other Assets $664.6M $1.033B $1.937B
YoY Change -65.68% -46.69% 32.93%
Total Long-Term Assets $62.86B $62.86B $57.17B
YoY Change 9.96% 9.96% 46.81%
TOTAL ASSETS
Total Short-Term Assets $11.95B $11.95B $14.46B
Total Long-Term Assets $62.86B $62.86B $57.17B
Total Assets $74.81B $74.81B $71.63B
YoY Change 4.44% 4.44% 25.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.093B $3.093B $3.902B
YoY Change -20.73% -20.73% 6.69%
Accrued Expenses $1.017B $990.1M $2.825B
YoY Change -64.01% -63.13% 90.61%
Deferred Revenue $156.1M $90.99M
YoY Change 71.59%
Short-Term Debt $1.652B $1.652B $0.00
YoY Change -64.39%
Long-Term Debt Due $1.972B $4.509B $6.647B
YoY Change -70.34% 124.63% 176.07%
Total Short-Term Liabilities $10.60B $10.60B $13.47B
YoY Change -21.25% -21.25% 76.16%
LONG-TERM LIABILITIES
Long-Term Debt $23.52B $36.73B $29.11B
YoY Change -19.22% 26.16% 41.38%
Other Long-Term Liabilities $268.3M $1.886B $2.423B
YoY Change -88.93% -22.15% 28.05%
Total Long-Term Liabilities $23.79B $38.62B $31.54B
YoY Change -24.58% 22.45% 40.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.60B $10.60B $13.47B
Total Long-Term Liabilities $23.79B $38.62B $31.54B
Total Liabilities $50.63B $50.75B $46.20B
YoY Change 9.59% 9.84% 50.43%
SHAREHOLDERS EQUITY
Retained Earnings -$5.180B -$3.911B
YoY Change 32.45%
Common Stock $29.05B $28.98B
YoY Change 0.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $23.02B $24.07B $25.43B
YoY Change
Total Liabilities & Shareholders Equity $74.81B $74.81B $71.63B
YoY Change 4.44% 4.44% 25.1%

Cashflow Statement

Concept 2022 Q4 2022 2021 Q4
OPERATING ACTIVITIES
Net Income -$194.4M -$1.269B -$315.9M
YoY Change -38.46% 6.88% 17.02%
Depreciation, Depletion And Amortization $820.4M $2.947B $739.2M
YoY Change 10.99% 12.62% 54.51%
Cash From Operating Activities $907.9M $2.858B $406.1M
YoY Change 123.57% 137.9% 29.91%
INVESTING ACTIVITIES
Capital Expenditures $4.466B $7.847B -$2.495B
YoY Change -278.99% -179.42% -1.35%
Acquisitions
YoY Change
Other Investing Activities $2.335B -$1.140B -$234.6M
YoY Change -1095.5% -70.08% 8.65%
Cash From Investing Activities -$2.131B -$11.27B -$2.730B
YoY Change -21.93% -17.65% -0.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.082M
YoY Change -99.99%
Debt Paid & Issued, Net $1.348B
YoY Change -73.97%
Cash From Financing Activities 860.0M 4.856B 4.118B
YoY Change -79.12% -40.19% -68.6%
NET CHANGE
Cash From Operating Activities 907.9M 2.858B 406.1M
Cash From Investing Activities -2.131B -11.27B -2.730B
Cash From Financing Activities 860.0M 4.856B 4.118B
Net Change In Cash -363.1M -3.144B 1.795B
YoY Change -120.23% -28.06% -83.2%
FREE CASH FLOW
Cash From Operating Activities $907.9M $2.858B $406.1M
Capital Expenditures $4.466B $7.847B -$2.495B
Free Cash Flow -$3.558B -$4.989B $2.901B
YoY Change -222.65% -145.02% 2.08%

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CY2021 gds Redeemable Noncontrolling Interest Accretion To Redemption Value Adjustment
RedeemableNoncontrollingInterestAccretionToRedemptionValueAdjustment
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CY2021 gds Net Income Loss Available To Stockholders
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CY2022 gds Net Income Loss Available To Stockholders
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CY2022 us-gaap Preferred Stock Dividends Income Statement Impact
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CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2022 gds Comprehensive Income Loss Net Of Tax Attributable To Non Redeemable Noncontrolling Interest
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ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest
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CY2022 gds Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interest
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CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2021 gds Comprehensive Income Net Of Tax Excluding Redeemable Non Controlling Interest
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CY2022 gds Comprehensive Income Net Of Tax Excluding Redeemable Non Controlling Interest
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RedeemableNoncontrollingInterestAccretionToRedemptionValueAdjustment
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CY2022 gds Adjustments To Additional Paid In Capital Increase Decrease In Redemption Value Of Redeemable Non Controlling Interests
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CY2021 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
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ProfitLoss
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ProfitLoss
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AmortizationOfDebtIssuanceAndCommitmentCostAndDebtDiscount
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CY2022 gds Amortization Of Debt Issuance And Commitment Cost And Debt Discount
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CY2020 us-gaap Depreciation And Amortization
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CY2021 us-gaap Depreciation And Amortization
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CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
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CY2020 gds Operating Leases Prepaid Land Use Rights
OperatingLeasesPrepaidLandUseRights
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CY2021 gds Operating Leases Prepaid Land Use Rights
OperatingLeasesPrepaidLandUseRights
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CY2022 gds Operating Leases Prepaid Land Use Rights
OperatingLeasesPrepaidLandUseRights
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CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
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CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
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CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
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CY2020 us-gaap Share Based Compensation
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CY2022 gds Gain Loss From Purchase Price Adjustment
GainLossFromPurchasePriceAdjustment
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IncomeLossFromEquityMethodInvestments
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IncomeLossFromEquityMethodInvestments
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CY2022 us-gaap Income Loss From Equity Method Investments
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CY2021 us-gaap Provision For Doubtful Accounts
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CY2022 us-gaap Provision For Doubtful Accounts
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DeferredIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2020 us-gaap Increase Decrease In Accounts Receivable
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CY2022 us-gaap Increase Decrease In Accounts Receivable
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CY2020 gds Increase Decrease In Value Added Tax Recoverable
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CY2022 gds Increase Decrease In Value Added Tax Recoverable
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CY2020 us-gaap Increase Decrease In Prepaid Expense
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IncreaseDecreaseInPrepaidExpense
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CY2021 us-gaap Increase Decrease In Other Current Assets
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CY2020 us-gaap Increase Decrease In Other Noncurrent Assets
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CY2021 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
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CY2022 us-gaap Increase Decrease In Other Noncurrent Assets
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CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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IncreaseDecreaseInAccountsPayable
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CY2022 us-gaap Increase Decrease In Accounts Payable
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CY2021 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
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CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
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CY2020 us-gaap Increase Decrease In Contract With Customer Liability
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CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
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CY2022 us-gaap Increase Decrease In Contract With Customer Liability
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CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
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CY2022 us-gaap Increase Decrease In Other Noncurrent Liabilities
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CY2021 us-gaap Increase Decrease In Operating Lease Liability
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CY2022 us-gaap Increase Decrease In Operating Lease Liability
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PaymentsForDepositsAndPrepaymentsOnPotentialAcquisitions
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CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Proceeds From Issuance Of Secured Debt
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CY2022 us-gaap Proceeds From Issuance Of Secured Debt
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CY2022 gds Preferred Stock Convertible Threshold Trading Days
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CY2020 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
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CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
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CY2022 us-gaap Repayments Of Long Term Debt
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CY2021 gds Payment Of Issuance Cost And Commitment Cost Of Borrowings
PaymentOfIssuanceCostAndCommitmentCostOfBorrowings
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CY2022 gds Payment Of Issuance Cost And Commitment Cost Of Borrowings
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CY2021 us-gaap Proceeds From Stock Options Exercised
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CY2020 us-gaap Proceeds From Issuance Of Common Stock
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CY2022 us-gaap Proceeds From Convertible Debt
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PaymentsOfDividendsPreferredStockAndPreferenceStock
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CY2021 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
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CY2022 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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CY2020 us-gaap Proceeds From Minority Shareholders
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CY2021 us-gaap Proceeds From Minority Shareholders
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CY2022 gds Proceeds From Sale Of Equity Interests Of Subsidiaries
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CY2020 gds Payment Under Finance Lease And Other Financing Obligations
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CY2021 gds Payment Under Finance Lease And Other Financing Obligations
PaymentUnderFinanceLeaseAndOtherFinancingObligations
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CY2022 gds Payment Under Finance Lease And Other Financing Obligations
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ProceedsFromOtherFinancingArrangements
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CY2020 gds Payment For Purchase Of Property And Equipment Through Vendor Financing
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CY2021 gds Payment For Purchase Of Property And Equipment Through Vendor Financing
PaymentForPurchaseOfPropertyAndEquipmentThroughVendorFinancing
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CY2022 gds Payment For Purchase Of Property And Equipment Through Vendor Financing
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CY2020 us-gaap Payment For Contingent Consideration Liability Financing Activities
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CY2021 us-gaap Payment For Contingent Consideration Liability Financing Activities
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CY2022 us-gaap Payment For Contingent Consideration Liability Financing Activities
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CY2022 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
593801000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
20143661000
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
8119155000
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4856318000
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-566874000
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-95542000
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
416198000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
10519667000
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4466562000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3144301000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5973262000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16492929000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12026367000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16492929000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12026367000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8882066000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
1113443000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
1538974000
CY2022 us-gaap Interest Paid Net
InterestPaidNet
1803013000
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
211612000
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
252071000
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
343349000
CY2020 gds Non Cash Effect Of Acquisition Of Subsidiaries
NonCashEffectOfAcquisitionOfSubsidiaries
718546000
CY2021 gds Non Cash Effect Of Acquisition Of Subsidiaries
NonCashEffectOfAcquisitionOfSubsidiaries
2044575000
CY2022 gds Non Cash Effect Of Acquisition Of Subsidiaries
NonCashEffectOfAcquisitionOfSubsidiaries
7644000
CY2020 gds Share Based Compensation Arrangement By Share Based Payment Award Liability Settlement With Restricted Shares Award Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardLiabilitySettlementWithRestrictedSharesAwardValue
10089000
CY2021 gds Share Based Compensation Arrangement By Share Based Payment Award Liability Settlement With Restricted Shares Award Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardLiabilitySettlementWithRestrictedSharesAwardValue
11147000
CY2022 gds Share Based Compensation Arrangement By Share Based Payment Award Liability Settlement With Restricted Shares Award Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardLiabilitySettlementWithRestrictedSharesAwardValue
13719000
CY2020 gds Conversion Of Convertible Bonds
ConversionOfConvertibleBonds
65000
CY2022 gds Other Receivable Obtained From Non Controlling Shareholders For Capital Contribution
OtherReceivableObtainedFromNonControllingShareholdersForCapitalContribution
10362000
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><span style="font-style:italic;font-weight:bold;">(b)   </span><span style="font-style:italic;font-weight:bold;">Use of estimates</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 18pt;">The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant items subject to such estimates and assumptions include, but are not limited to, the fair values of assets acquired and liabilities assumed and the consideration transferred in a business combination, the realization of deferred income tax assets, the fair value of share-based compensation awards, the recoverability of long-lived assets, 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>
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12026367000
CY2019Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
52441000
CY2020 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
20384000
CY2020 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
4084000
CY2020Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
76909000
CY2021 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
22745000
CY2021 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
6227000
CY2021 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
998000
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
104883000
CY2022 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
4382000
CY2022 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
6366000
CY2022 us-gaap Asset Retirement Obligation Foreign Currency Translation Gain Loss
AssetRetirementObligationForeignCurrencyTranslationGainLoss
158000
CY2022 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
3978000
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
111811000
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8882066000
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
12759000
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2022 us-gaap Derivatives Reporting Of Derivative Activity
DerivativesReportingOfDerivativeActivity
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;padding-left:18pt;text-indent:-18pt;margin:0pt 0pt 12pt 0pt;"><span style="font-style:italic;font-weight:bold;">(q)   </span><span style="font-style:italic;font-weight:bold;">Derivative financial instruments</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 18pt;">Derivative financial instruments are recognized initially at fair value. At the end of each reporting period, the fair value is remeasured. The gain or loss on remeasurement to fair value is recognized immediately in profit or loss.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 18pt;">The Company entered into interest rate swap contracts primarily for the purpose to manage the interest rate risk for the long-term borrowings. The Company has elected not to apply hedge accounting to these derivative instruments and recognized all derivatives on the Company’s consolidated balance sheets at fair value. The Company estimates the fair value of its interest rate swap contracts using a pricing model based on market observable inputs. Fair value gains or losses associated with interest rate swap contracts are recorded within interest expenses in the Company’s consolidated statements of operations. Cash received or paid for realized gains or losses associated with interest rate swap contracts are included in operating cash flows in the consolidated statements of cash flows. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 18pt;">For further information on derivative financial instruments, see Note 16 below.</p>
CY2021 us-gaap Interest Expense
InterestExpense
1654737000
CY2022 us-gaap Interest Expense
InterestExpense
1887887000
CY2020 us-gaap Advertising Expense
AdvertisingExpense
14778000
CY2021 us-gaap Advertising Expense
AdvertisingExpense
15043000
CY2022 us-gaap Advertising Expense
AdvertisingExpense
8639000
CY2020 us-gaap Interest Costs Incurred
InterestCostsIncurred
1402015000
CY2021 us-gaap Interest Costs Incurred
InterestCostsIncurred
1805434000
CY2022 us-gaap Interest Costs Incurred
InterestCostsIncurred
2084565000
CY2020 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
85509000
CY2021 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
150697000
CY2022 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
196678000
CY2020 us-gaap Interest Expense
InterestExpense
1316506000
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
197119000
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
186313000
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;padding-left:18pt;text-indent:-18pt;margin:0pt 0pt 12pt 0pt;"><span style="font-style:italic;font-weight:bold;">(cc) </span><span style="font-style:italic;font-weight:bold;">Concentration of credit risk</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 18pt;">Financial instruments that potentially expose the Company to concentrations of credit risk consist principally of cash, restricted cash, and accounts receivable. The Company’s investment policy requires cash and restricted cash to be placed with high-quality financial institutions and to limit the amount of credit risk from any one issuer. The Company regularly evaluates the credit standing of the counterparties or financial institutions.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 18pt;">The Company conducts credit evaluations on its customers prior to transfer the control of goods or services. The assessment of customer creditworthiness is primarily based on historical collection records, research of publicly available information and customer on-site visits by senior management. Based on this analysis, the Company determines what credit terms, if any, to offer to each customer individually. If the assessment indicates a likelihood of collection risk, the Company will not deliver the services or sell the products to the customer. Otherwise the Company will require the customer to pay cash, post letters of credit to secure payment or to make significant down payments. Historically, credit losses on accounts receivable have been insignificant.</p>
CY2021Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
43954000
CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
115860000
CY2021Q4 us-gaap Cash
Cash
9968109000
CY2022Q4 us-gaap Cash
Cash
8608131000
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
2014304000
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
158075000
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AccountsReceivableGross
1744810000
CY2022Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
2426753000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
12124000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
20728000
CY2021Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
1732686000
CY2022Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
2406025000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
133000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2163000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
12124000
CY2020 gds Accounts Receivable Credit Loss Expense
AccountsReceivableCreditLossExpense
2032000
CY2021 gds Accounts Receivable Credit Loss Expense
AccountsReceivableCreditLossExpense
10070000
CY2022 gds Accounts Receivable Credit Loss Expense
AccountsReceivableCreditLossExpense
7744000
CY2020 gds Allowance For Doubtful Accounts Foreign Exchange Impact
AllowanceForDoubtfulAccountsForeignExchangeImpact
2000
CY2021 gds Allowance For Doubtful Accounts Foreign Exchange Impact
AllowanceForDoubtfulAccountsForeignExchangeImpact
109000
CY2022 gds Allowance For Doubtful Accounts Foreign Exchange Impact
AllowanceForDoubtfulAccountsForeignExchangeImpact
-860000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2163000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
12124000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
20728000
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
135900000
CY2022 gds Increase In Contract With Customer Liability
IncreaseInContractWithCustomerLiability
49933000
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
185833000
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
44908000
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
29703000
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
96084000
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
104640000
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
122378000
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.250
CY2022 gds Revenue Remaining Performance Obligations
RevenueRemainingPerformanceObligations
1525645000
CY2022 gds Revenue Remaining Performance Obligations
RevenueRemainingPerformanceObligations
1296684000
CY2022 gds Revenue Remaining Performance Obligations
RevenueRemainingPerformanceObligations
1137459000
CY2022 gds Revenue Remaining Performance Obligations
RevenueRemainingPerformanceObligations
1004562000
CY2022 gds Revenue Remaining Performance Obligations
RevenueRemainingPerformanceObligations
735522000
CY2022 gds Revenue Remaining Performance Obligations
RevenueRemainingPerformanceObligations
2298037000
CY2022 gds Revenue Remaining Performance Obligations
RevenueRemainingPerformanceObligations
7997909000
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
39814361000
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
45370990000
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
6425293000
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
9269587000
CY2021Q4 gds Property And Equipment Net Excluding Construction In Process
PropertyAndEquipmentNetExcludingConstructionInProcess
33389068000
CY2022Q4 gds Property And Equipment Net Excluding Construction In Process
PropertyAndEquipmentNetExcludingConstructionInProcess
36101403000
CY2021Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
7234435000
CY2022Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
10827984000
CY2021Q4 gds Property And Equipment Net Including Construction In Process
PropertyAndEquipmentNetIncludingConstructionInProcess
40623503000
CY2022Q4 gds Property And Equipment Net Including Construction In Process
PropertyAndEquipmentNetIncludingConstructionInProcess
46929387000
CY2022Q4 gds Accumulated Impairment Long Lived Asset Held For Use
AccumulatedImpairmentLongLivedAssetHeldForUse
12759000
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
40623503000
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
46916628000
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
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CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
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CY2020 us-gaap Depreciation
Depreciation
1543130000
CY2021 us-gaap Depreciation
Depreciation
2399451000
CY2022 us-gaap Depreciation
Depreciation
2947200000
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilities
159592000
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
922295000
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
786858000
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
2783257000
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
1133760000
CY2020 us-gaap Depreciation
Depreciation
1543130000
CY2021 us-gaap Depreciation
Depreciation
2399451000
CY2022 us-gaap Depreciation
Depreciation
2947200000
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1657682000
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1658046000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
375046000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
610337000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1282636000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1047709000
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
68688000
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
192486000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
235292000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
233766000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
226908000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
212596000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
206405000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
78483000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
89551000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1047709000
CY2021Q4 gds Finance Lease And Other Financing Obligations Assumed In Business Combination Current And Non Current
FinanceLeaseAndOtherFinancingObligationsAssumedInBusinessCombinationCurrentAndNonCurrent
1362103000
CY2020 gds Adjustments To Goodwill Remeasurement Of Acquired Assets And Liabilities
AdjustmentsToGoodwillRemeasurementOfAcquiredAssetsAndLiabilities
-55462000
CY2021 gds Adjustments To Goodwill Remeasurement Of Acquired Assets And Liabilities
AdjustmentsToGoodwillRemeasurementOfAcquiredAssetsAndLiabilities
16608000
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
2974715000
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
224307000
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
412380000
CY2021Q4 gds Prepaid Land Use Rights Noncurrent Gross
PrepaidLandUseRightsNoncurrentGross
716492000
CY2022Q4 gds Prepaid Land Use Rights Noncurrent Gross
PrepaidLandUseRightsNoncurrentGross
28246000
CY2021Q4 gds Prepaid Land Use Rights Accumulated Amortization
PrepaidLandUseRightsAccumulatedAmortization
81539000
CY2022Q4 gds Prepaid Land Use Rights Accumulated Amortization
PrepaidLandUseRightsAccumulatedAmortization
5244000
CY2021Q4 gds Prepaid Land Use Rights Noncurrent
PrepaidLandUseRightsNoncurrent
634953000
CY2022Q4 gds Prepaid Land Use Rights Noncurrent
PrepaidLandUseRightsNoncurrent
23002000
CY2020Q4 us-gaap Goodwill
Goodwill
2596393000
CY2021Q4 us-gaap Goodwill
Goodwill
7076505000
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
4463504000
CY2021 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
16608000
CY2021Q4 us-gaap Goodwill
Goodwill
7076505000
CY2022Q4 us-gaap Goodwill
Goodwill
7076505000
CY2020 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
1660685000
CY2021 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
5230362000
CY2020 gds Business Combination Consideration Transferred Effective Settlement Of Pre Existing Relationships Prior To Combination
BusinessCombinationConsiderationTransferredEffectiveSettlementOfPreExistingRelationshipsPriorToCombination
-31229000
CY2021 gds Business Combination Consideration Transferred Effective Settlement Of Pre Existing Relationships Prior To Combination
BusinessCombinationConsiderationTransferredEffectiveSettlementOfPreExistingRelationshipsPriorToCombination
20000000
CY2020Q4 gds Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net Other Assets And Liabilities Assumed
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNetOtherAssetsAndLiabilitiesAssumed
-547815000
CY2021Q4 gds Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net Other Assets And Liabilities Assumed
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNetOtherAssetsAndLiabilitiesAssumed
-256650000
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
449600000
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
689800000
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Liabilities
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CY2022Q4 gds Contractual Obligations Estimated Construction Costs
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2022Q4 us-gaap Convertible Debt Fair Value Disclosures
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CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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CY2020 gds Share Based Compensation Arrangement By Share Based Payment Award Options Exercised In Period Weighted Average Grant Date Fair Value
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CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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CY2022 us-gaap Allocated Share Based Compensation Expense
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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CY2021 us-gaap Current Federal Tax Expense Benefit
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CY2022 us-gaap Current Federal Tax Expense Benefit
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CY2020 us-gaap Current Foreign Tax Expense Benefit
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CY2020 us-gaap Current Income Tax Expense Benefit
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CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2022 us-gaap Current Income Tax Expense Benefit
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CY2021 us-gaap Deferred Federal State And Local Tax Expense Benefit
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CY2022 us-gaap Deferred Federal State And Local Tax Expense Benefit
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CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
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CY2020 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2020 gds Effective Income Tax Rate Reconciliation Nontaxable Foreign Entities Percent
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CY2021 gds Effective Income Tax Rate Reconciliation Nontaxable Foreign Entities Percent
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CY2022 gds Effective Income Tax Rate Reconciliation Nontaxable Foreign Entities Percent
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2020 gds Effective Income Tax Rate Reconciliation At Preferential Treatments
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CY2021 gds Effective Income Tax Rate Reconciliation At Preferential Treatments
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CY2022 gds Effective Income Tax Rate Reconciliation At Preferential Treatments
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CY2020 gds Effective Income Tax Rate Reconciliation Permanent Differences
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CY2021 gds Effective Income Tax Rate Reconciliation Permanent Differences
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CY2022 gds Effective Income Tax Rate Reconciliation Permanent Differences
EffectiveIncomeTaxRateReconciliationPermanentDifferences
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CY2020 gds Effective Income Tax Rate Reconciliation Expiration Of Unused Net Operating Losses
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CY2021 gds Effective Income Tax Rate Reconciliation Expiration Of Unused Net Operating Losses
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CY2022 gds Effective Income Tax Rate Reconciliation Expiration Of Unused Net Operating Losses
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
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CY2020 gds Effective Income Tax Rate Reconciliation Gain From Purchase Price Adjustment Percent
EffectiveIncomeTaxRateReconciliationGainFromPurchasePriceAdjustmentPercent
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CY2021 gds Effective Income Tax Rate Reconciliation Gain From Purchase Price Adjustment Percent
EffectiveIncomeTaxRateReconciliationGainFromPurchasePriceAdjustmentPercent
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CY2022 gds Effective Income Tax Rate Reconciliation Gain From Purchase Price Adjustment Percent
EffectiveIncomeTaxRateReconciliationGainFromPurchasePriceAdjustmentPercent
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2020 gds Effective Income Tax Rate Reconciliation Return Of Provision Adjustments On Permanent Differences Percent
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CY2021 gds Effective Income Tax Rate Reconciliation Return Of Provision Adjustments On Permanent Differences Percent
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CY2022 gds Effective Income Tax Rate Reconciliation Return Of Provision Adjustments On Permanent Differences Percent
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CY2020 us-gaap Effective Income Tax Rate Continuing Operations
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CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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CY2022 us-gaap Effective Income Tax Rate Continuing Operations
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CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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CY2021Q4 gds Deferred Tax Assets Government Subsidy
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CY2022Q4 gds Deferred Tax Assets Government Subsidy
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CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Asset Retirement Obligations
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Asset Retirement Obligations
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CY2021Q4 gds Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Operating Lease Liabilities
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CY2022Q4 gds Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Operating Lease Liabilities
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CY2021Q4 gds Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Finance Lease And Other Financing Obligations
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CY2022Q4 gds Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Finance Lease And Other Financing Obligations
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CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2021Q4 gds Deferred Tax Assets Other Non Current Assets
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CY2022Q4 gds Deferred Tax Assets Other Non Current Assets
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CY2021Q4 gds Deferred Tax Assets Other Non Current Liabilities
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CY2022Q4 gds Deferred Tax Assets Other Non Current Liabilities
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CY2021Q4 us-gaap Deferred Tax Assets Gross
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CY2022Q4 us-gaap Deferred Tax Assets Gross
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CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2021Q4 us-gaap Deferred Tax Assets Net
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CY2022Q4 us-gaap Deferred Tax Assets Net
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CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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CY2021Q4 gds Deferred Tax Liabilities Prepaid Land Use Rights
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CY2022Q4 gds Deferred Tax Liabilities Prepaid Land Use Rights
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CY2021Q4 gds Deferred Tax Liabilities Operating Lease Right Of Use Assets
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CY2022Q4 gds Deferred Tax Liabilities Operating Lease Right Of Use Assets
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CY2021Q4 gds Deferred Tax Liabilities Other Current Assets
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CY2022Q4 gds Deferred Tax Liabilities Other Current Assets
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CY2021Q4 us-gaap Deferred Income Tax Liabilities
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CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
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CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
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CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
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CY2021Q4 us-gaap Deferred Income Tax Assets Net
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CY2022Q4 us-gaap Deferred Income Tax Assets Net
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CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
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CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
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CY2021Q4 gds Deferred Tax Liabilities Net Deferred Tax Asset
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CY2022Q4 gds Deferred Tax Liabilities Net Deferred Tax Asset
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CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
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CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
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CY2020 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2021 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
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CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
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CY2022Q4 us-gaap Deferred Income Tax Assets Net
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CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2022Q4 us-gaap Amount Of Restricted Net Assets For Consolidated And Unconsolidated Subsidiaries
AmountOfRestrictedNetAssetsForConsolidatedAndUnconsolidatedSubsidiaries
24955657000
CY2021Q4 gds Amount Of Non Distributable General Reserve Fund For Consolidated And Unconsolidated Subsidiaries
AmountOfNonDistributableGeneralReserveFundForConsolidatedAndUnconsolidatedSubsidiaries
66098000
CY2022Q4 gds Amount Of Non Distributable General Reserve Fund For Consolidated And Unconsolidated Subsidiaries
AmountOfNonDistributableGeneralReserveFundForConsolidatedAndUnconsolidatedSubsidiaries
146856000
CY2020 us-gaap Profit Loss
ProfitLoss
-669214000
CY2021 us-gaap Profit Loss
ProfitLoss
-1191213000
CY2022 us-gaap Profit Loss
ProfitLoss
-1266118000
CY2021 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
-1403000
CY2022 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
3427000
CY2020 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-2807000
CY2021 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-2592000
CY2022 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-655000
CY2020 gds Redeemable Noncontrolling Interest Accretion To Redemption Value Adjustment
RedeemableNoncontrollingInterestAccretionToRedemptionValueAdjustment
18627000
CY2021 gds Redeemable Noncontrolling Interest Accretion To Redemption Value Adjustment
RedeemableNoncontrollingInterestAccretionToRedemptionValueAdjustment
77644000
CY2022 gds Redeemable Noncontrolling Interest Accretion To Redemption Value Adjustment
RedeemableNoncontrollingInterestAccretionToRedemptionValueAdjustment
10801000
CY2022 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-178982000
CY2020 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
52709000
CY2021 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
49073000
CY2022 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
51212000
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-737743000
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1313935000
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1509885000
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1253559523
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1253559523
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1452906722
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1452906722
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1464447843
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1464447843
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.59
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.59
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.90
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.90
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.03
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.03
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
77951817
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
75456769
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
184260560
CY2022 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2020 gds Number Of Suppliers
NumberOfSuppliers
2
CY2021 gds Number Of Suppliers
NumberOfSuppliers
1
CY2022 gds Number Of Suppliers
NumberOfSuppliers
1
CY2021Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
24144000
CY2022Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
16995000

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