GDS Holdings 대차대조표 건전성
재무 건전성 기준 점검 1/6
GDS Holdings 의 총 주주 지분은 CN¥32.4B 이고 총 부채는 CN¥38.4B, 이는 부채 대 자기자본 비율을 118.3% 로 가져옵니다. 총자산과 총부채는 각각 CN¥84.1B 및 CN¥51.7B 입니다. GDS Holdings 의 EBIT는 CN¥2.0B 이며 이자보상배율은 1.3 입니다. CN¥14.8B 의 현금 및 단기 투자금을 보유하고 있습니다.
핵심 정보
118.34%
부채/자본 비율
CN¥38.39b
부채
| 이자보상배율 | 1.3x |
| 현금 | CN¥14.82b |
| 자본 | CN¥32.44b |
| 총부채 | CN¥51.69b |
| 총자산 | CN¥84.13b |
최근 재무 건전성 업데이트
업데이트 없음
Recent updates
내러티브 업데이트 • May 16
GDS: Governance Shift And New Guidance Will Drive Future Upside Potential
Analysts have made a marginal upward adjustment to their price target on GDS Holdings to $56.93 from $56.89, citing updated assumptions around the discount rate, revenue growth, profit margin, and a future P/E of 142.86x. What's in the News Board meeting scheduled for May 19, 2026, to approve unaudited financial results for the first quarter ended March 31, 2026 (company announcement).내러티브 업데이트 • Apr 28
GDS: Governance Shift Will Support Future Upside Potential
Analysts have raised their price target for GDS Holdings to $56.89 from $53.72, citing updated assumptions for revenue growth, profit margins, and future P/E that are incorporated into their fair value models. What's in the News GDS issued earnings guidance for 2026, with total revenues expected in the range of RMB 12,400 million to RMB 12,900 million, which implies a year on year change of approximately 8.5% to 12.8% based on the company’s own comparison.
내러티브 업데이트 • Apr 13
GDS: 2026 Guidance And Preferred Equity Raise Will Support Upside
Analysts have modestly raised their price target on GDS Holdings to $71.22 from $68.63, citing updated assumptions around revenue growth, profit margins, and a revised framework for future P/E. What's in the News GDS issued earnings guidance for 2026, with total revenues expected in a range of RMB 12,400 million to RMB 12,900 million, which the company states implies a year on year increase of about 8.5% to 12.8% (Corporate guidance).
내러티브 업데이트 • Mar 30
GDS: Higher Control Concentration And Costly Preferred Shares Will Pressure Shares
Analysts have raised their price target on GDS Holdings by roughly $3, reflecting updated views on fair value, growth assumptions, and future P/E expectations, even as projected profit margins are revised lower. What's in the News GDS issued earnings guidance for 2026, with total revenues expected in a range of RMB 12,400 million to RMB 12,900 million, which implies a projected year on year change of roughly 8.5% to 12.8% (Corporate Guidance).분석 기사 • Mar 30
GDS Holdings (NASDAQ:GDS) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Despite announcing strong earnings, GDS Holdings Limited's ( NASDAQ:GDS ) stock was sluggish. We think that the market...내러티브 업데이트 • Mar 16
GDS: Governance Shift And Preferred Financing Will Support Future Upside Potential
Analysts have nudged their price target on GDS Holdings higher to about $53.72 from roughly $52.89. This reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E levels.내러티브 업데이트 • Mar 02
GDS: New Preferred Deal And Governance Changes Will Support Upside
Analysts have made a small upward adjustment to their GDS Holdings price target to $52.89 from $52.73, reflecting updated assumptions related to fair value, discount rate, revenue growth, profit margin and future P/E. What's in the News GDS Holdings closed a private placement of Series B Redeemable Convertible Preferred Shares on February 6, 2026, raising gross proceeds of US$300,000,000, with participation from Chinese institutional investors including new investor Huatai Capital Investment Limited (Key Developments).내러티브 업데이트 • Feb 16
GDS: 300MW 2025 Leasing And 2026 Installs Will Support Upside
Narrative Update Analysts have adjusted their fair value estimate for GDS Holdings from $48.30 to $52.73, citing updated assumptions on discount rates, long term revenue growth, profit margins, and future P/E expectations following recent mixed 3Q25 results and steady 2025 guidance. Analyst Commentary Bullish and bearish analysts are reading the same mixed 3Q25 update and 2025 guidance in very different ways, which shows up directly in how they think about fair value and upside versus execution risk.내러티브 업데이트 • Feb 02
GDS: 2025 Leasing And 2026 Installs Will Support Earnings Upside
Narrative Update The analyst price target for GDS Holdings is adjusted to US$68.63 from US$63.03 as analysts factor in higher modeled revenue growth, improved profit margins, a lower discount rate, and a reduced future P/E assumption supported by recent Street research that includes mixed 3Q25 results with maintained 2025 guidance and a new Outperform initiation. Analyst Commentary Bullish analysts are signaling constructive sentiment on GDS Holdings, even where price targets are adjusted, with the focus staying on execution against guidance and long term growth potential.분석 기사 • Jan 31
GDS Holdings Limited's (NASDAQ:GDS) 28% Share Price Surge Not Quite Adding Up
GDS Holdings Limited ( NASDAQ:GDS ) shareholders have had their patience rewarded with a 28% share price jump in the...내러티브 업데이트 • Jan 19
GDS: Execution Risk Around 300MW 2025 Leasing Will Pressure Shares
Analysts have slightly reduced their price targets on GDS Holdings, with recent moves such as TD Cowen trimming its target to US$37 and a new Outperform initiation at Macquarie with a US$46.70 target, reflecting updated views on mixed 3Q25 results, maintained 2025 guidance, expectations for 300MW of 2025 leasing, and higher installs in 2026. Analyst Commentary Recent Street research shows a mixed but cautious tone around GDS Holdings, with some bearish analysts trimming expectations even as others initiate coverage with constructive views.내러티브 업데이트 • Jan 05
GDS: 2025 Leasing And 2026 Installs Will Drive Shares Higher
Our updated view trims the analyst price target for GDS Holdings by about US$1, reflecting analysts' mixed reactions to recent 3Q25 results, maintained 2025 guidance, and expectations for 300MW of 2025 leasing with higher 2026 installs that support a more moderate profit and P/E outlook. Analyst Commentary Bullish Takeaways Bullish analysts point to the maintained 2025 guidance and planned 300MW of 2025 leasing as key supports for the current valuation framework, suggesting the existing plan is intact despite mixed 3Q25 results.내러티브 업데이트 • Dec 14
GDS: 2025 Leasing Pipeline Will Support Long-Term Earnings Upside
Analysts have nudged their fair value estimate for GDS Holdings modestly higher, from about $61.83 to $63.03. They cited supportive Street research that highlights solid long term revenue growth prospects, despite a slightly lower near term price target and mixed quarterly results.Seeking Alpha • Dec 04
GDS Holdings: China Demand Is At An Inflection Point
Summary GDS Holdings remains a top China AI infrastructure play, with a reiterated buy rating, driven by inflecting demand and easing chip constraints. Q3 results confirm accelerating AI-driven bookings, robust EBITDA growth, and a shift from defensive to aggressive business expansion in China. The C-REIT structure enables near self-funding growth, with new data centers generating 11–12% cash yields and IRRs exceeding 20%. Consensus underestimates GDS’s growth potential; I expect revenue acceleration and valuation upside as the C-REIT arbitrage is realized. Read the full article on Seeking Alpha내러티브 업데이트 • Nov 14
GDS: Profit Margins And Net Debt Will Drive Shares Higher
Analysts have raised their price target for GDS Holdings from $47.44 to $48.21 per share. They cite updated projections that reflect slightly improved profit margins and lower expected net debt following recent developments.내러티브 업데이트 • Aug 27
900MW Land In China Will Expand AI Data Centers
GDS Holdings’ consensus price target has increased to $47.25 as analysts cite improved balance sheet strength from asset-backed deals and a REIT IPO, anticipated dual-primary listing in Hong Kong, and resumed high-end chip shipments in China as catalysts for higher valuation and growth. Analyst Commentary Bullish analysts cite improved valuation and balance sheet strength following asset-backed securities deals and a commercial real estate investment trust (C-REIT) IPO, which reduced net debt.분석 기사 • Jun 29
GDS Holdings Limited's (NASDAQ:GDS) Shares Climb 27% But Its Business Is Yet to Catch Up
GDS Holdings Limited ( NASDAQ:GDS ) shares have had a really impressive month, gaining 27% after a shaky period...분석 기사 • May 27
There May Be Underlying Issues With The Quality Of GDS Holdings' (NASDAQ:GDS) Earnings
GDS Holdings Limited's ( NASDAQ:GDS ) stock was strong after they recently reported robust earnings. We did some...Seeking Alpha • Mar 12
GDS Holdings: Capped International Expansion Due To High Financial Leverage
Summary GDS Holdings Limited has seen a 600% stock appreciation due to its data center developments in China, but it remains unprofitable with a $600 million loss in 2024. Despite revenue growth and improved margins, GDS's high debt levels and significant interest expenses hinder profitability, leading to a sell rating. The company's aggressive expansion in China and Southeast Asia is funded by increasing debt, raising concerns about future financial stability and potential shareholder dilution. Shares are overvalued, trading at exorbitant multiples, and are expected to correct significantly if upcoming financial reports do not show positive bottom-line results. Read the full article on Seeking AlphaSeeking Alpha • Feb 24
GDS Holdings: AI Boom Fuels Rally, But Monetization Risks Remain (Rating Upgrade)
Summary GDS Holdings shares have surged due to bullish sentiment on China's AI sector, driven by DeepSeek's cost-effective AI model and Alibaba-Apple partnership. We upgrade GDS to Hold from Sell, citing balanced risk-reward and the need for more evidence of domestic demand stabilization. DeepSeek's AI applications and increased data center capex by major CSPs like Alibaba and Tencent could benefit GDS significantly. Concerns remain about AI monetization in China, competitive pricing pressures, and potential deceleration in revenue growth impacting GDS's profitability. Read the full article on Seeking Alpha
새로운 내러티브 • Dec 23
Surging AI Demand And Global Expansion Will Boost The Company's Earnings Growth
Surge in AI demand and strategic positioning in Tier 1 markets are driving growth and enhancing future revenue prospects through hyperscale campuses.Seeking Alpha • Nov 20
GDS Holdings: From AI Darling To Cash-Burning Nomad
Summary GDS Holdings Limited's Q3 2024 revenue and EPS met expectations, but margin pressures, AI impact skepticism, and high international capex are key concerns. Despite strong YTD performance, international growth faces headwinds from elevated capex, competition, and regulatory risks, impacting execution. China's growth is stagnant due to soft demand, delayed AI impact, and customer churn, with increased power costs reducing EBITDA margins. Valuing GDS at $12.69/share implies a 31% downside; we remain cautious due to growth stagnation, delayed AI impact, and high capex. Read the full article on Seeking AlphaSeeking Alpha • Aug 22
GDS Holdings: Multiple Positives (Rating Upgrade)
Summary GDS Holdings Limited anticipates that its EBITDA growth can accelerate from +4.7% in Q1 and +6.2% in Q2 to +9.2% for the full year. GDS Holdings' international segment saw its revenue jump by +690.2% YoY in Q2 2024, and the company expects to raise its full-year 2024 capital expenditure guidance for its international business. The company's net debt-to-EBITDA metric declined from 7.7 times for Q1 2024 to 7.2 times in Q2 2024, and it has plans to further reduce its financial leverage. I have upgraded my rating for GDS Holdings Limited stock to a Buy, considering the multiple positive read-throughs from the company's recent disclosures. Read the full article on Seeking AlphaSeeking Alpha • Jun 13
GDS Holdings: A Datacenter Play That Hasn't Been Overbought... Yet
Summary GDS Holdings is a leading high-performance data developer and provider in China, with a unique cloud computing platform and a track record of outperformance. The company has demonstrated significant growth and expansion, with a strong customer base consisting of leading companies in data services. GDS stock is currently undervalued, with a target price of $11.78, representing a 41.74% upside from the current trading price. Read the full article on Seeking AlphaSeeking Alpha • May 25
GDS: Eyes On Domestic And International Businesses
Summary The Q1 2024 results for the company's Mainland Chinese or domestic data center business were uninspiring, with low-single digit percentage revenue and EBITDA expansion on an adjusted basis. GDS' international data center business revenue grew strongly in the first quarter, and the outlook for this segment is good, as evidenced by the upsized equity financing. I have kept my existing Hold rating for GDS unchanged after analyzing the prospects for both the company's domestic and international businesses. Read the full article on Seeking AlphaSeeking Alpha • Mar 12
GDS Preparing To Spin Off Its Global Business?
Summary GDS is aiming to raise up to $600 million by selling part of its fast-growing global unit that operates data centers in Malaysia and plans to enter Indonesia. The funding would give a small group of global investors a majority of the global operation’s stock, potentially paving the way for the unit’s spinoff. The company announced in December that it had secured a 1.27 billion ringgit ($271 million) green financing facility from a group of major Malaysian lenders. Read the full article on Seeking AlphaSeeking Alpha • Feb 20
GDS: Fundraising And Q4 Results Preview
Summary A slower pace of EBITDA growth for GDS in Q4 2023 is likely, given the unfavorable demand-supply environment for China's data center market. The conclusion of the fundraising process for the company's international business in time to come could possibly translate into lower financial leverage and higher valuations for the stock. A Hold rating for GDS is maintained following a consideration of the company's expected Q4 2023 financial performance and the international business' fundraising process. Read the full article on Seeking Alpha재무 상태 분석
단기부채: GDS 의 단기 자산 ( CN¥23.6B )이 단기 부채( CN¥12.6B ).
장기 부채: GDS의 단기 자산(CN¥23.6B)이 장기 부채(CN¥39.1B)를 충당하지 못합니다.
부채/자본 비율 추이 및 분석
부채 수준: GDS 의 순부채 대 자기자본 비율( 72.6% )은 높음으로 간주됩니다.
부채 감소: GDS의 부채 대비 자본 비율은 지난 5년 동안 60.1%에서 118.3%로 증가했습니다.
부채 범위: GDS 의 부채는 영업 현금 흐름 ( 7.9% )에 의해 잘 갚지 않음입니다.
이자 보장: GDS 의 부채에 대한 이자 지급은 EBIT(1.3x 적용 범위)만큼 잘 덮이지 않음입니다.
대차대조표
건전한 기업 찾아보기
기업 분석 및 재무 데이터 상태
| 데이터 | 최종 업데이트 (UTC 시간) |
|---|---|
| 기업 분석 | 2026/05/21 07:14 |
| 종가 | 2026/05/21 00:00 |
| 수익 | 2026/03/31 |
| 연간 수익 | 2025/12/31 |
데이터 소스
당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.
| 패키지 | 데이터 | 기간 | 미국 소스 예시 * |
|---|---|---|---|
| 기업 재무제표 | 10년 |
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| 분석가 컨센서스 추정치 | +3년 |
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| 시장 가격 | 30년 |
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| 지분 구조 | 10년 |
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| 경영진 | 10년 |
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| 주요 개발 | 10년 |
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* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.
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산업 및 섹터 지표
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분석가 소스
GDS Holdings Limited는 37명의 분석가가 다루고 있습니다. 이 중 18명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
| 분석가 | 기관 |
|---|---|
| Nathan Crossett | Berenberg |
| Huiqun Li | BofA Global Research |
| Yishi Chen | CCB International Securities Limited |