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Updated 1m ago
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GDS Holdings LimitedSEHK:9698 Stock Report

Market Cap HK$50.9b
Updated 1m ago
Share Price
n/a
1Y-6.1%
7D5.9%
1D1.1%
Portfolio Value
​
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GDS Holdings Limited

SEHK:9698 Stock Report

Market Cap: HK$50.9b

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

GDS Holdings (9698) Stock Overview

Engages in the development and operation of data centers in the People's Republic of China. More details

9698 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance5/6
Financial Health1/6
Dividends0/6

Rewards

Price-To-Earnings ratio (11.9x) is below the IT industry average (24.1x)

Revenue is forecast to grow 12.16% per year

Earnings grew by 1220.1% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 60.3% per year for the next 3 years

Interest payments are not well covered by earnings


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HK$
Current Price
HK$31.5284.6% undervalued intrinsic discount
%/yr
Decrease
Increase
PastFuture-4b22b2016201920222025202620282031Revenue CN¥21.8bEarnings CN¥6.5b
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GDS Holdings Limited Competitors

SUNeVision Holdings

Symbol: SEHK:1686
Market cap: HK$23.2b

Cloud Factory Technology Holdings

Symbol: SEHK:2512
Market cap: HK$1.3b

SenseTime Group

Symbol: SEHK:20
Market cap: HK$56.1b

Kingdee International Software Group

Symbol: SEHK:268
Market cap: HK$27.6b

Price History & Performance

Summary of share price highs, lows and changes for GDS Holdings
Historical stock prices
Current Share PriceUS$31.52
52 Week HighUS$46.94
52 Week LowUS$27.32
Beta0.43
1 Month Change3.48%
3 Month Change-2.90%
1 Year Change-6.08%
3 Year Change187.59%
5 Year Change-45.37%
Change since IPO-62.02%

Recent News & Updates

Recent updates

Shareholder Returns

9698HK ITHK Market
7D5.9%-4.0%-0.3%
1Y-6.1%-12.4%-4.5%

Return vs Industry: 9698 exceeded the Hong Kong IT industry which returned -12.4% over the past year.

Return vs Market: 9698 underperformed the Hong Kong Market which returned -4.5% over the past year.

Price Volatility

Is 9698's price volatile compared to industry and market?
9698 volatility
9698 Average Weekly Movement8.3%
IT Industry Average Movement10.8%
Market Average Movement7.6%
10% most volatile stocks in HK Market15.1%
10% least volatile stocks in HK Market3.7%

Stable Share Price: 9698 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 9698's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20012,434William Huangwww.gds-services.com

GDS Holdings Limited, together with its subsidiaries, engages in the development and operation of data centers in the People's Republic of China. It provides colocation services comprising critical facilities space, customer-available power, racks, and cooling; managed hosting services, including business continuity and disaster recovery, network management, data storage, system security, operating system, database, and server middleware services; managed cloud services; and consulting services. The company serves cloud service providers, large Internet companies, financial institutions, telecommunications carriers and IT service providers, large domestic private sector, and multinational corporations.

GDS Holdings Limited Fundamentals Summary

How do GDS Holdings's earnings and revenue compare to its market cap?
9698 fundamental statistics
Market capHK$50.89b
Earnings (TTM)HK$4.28b
Revenue (TTM)HK$14.34b
11.9x
P/E Ratio
3.5x
P/S Ratio

Is 9698 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
9698 income statement (TTM)
RevenueCN¥12.26b
Cost of RevenueCN¥9.22b
Gross ProfitCN¥3.05b
Other Expenses-CN¥611.31m
EarningsCN¥3.66b

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)18.26
Gross Margin24.85%
Net Profit Margin29.83%
Debt/Equity Ratio117.8%

How did 9698 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 12:16
End of Day Share Price 2026/09/10 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

GDS Holdings Limited is covered by 37 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan CrossettBerenberg
Huiqun LiBofA Global Research
Yishi ChenCCB International Securities Limited

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