NASDAQ$GDS

GDS Holdings Ltd-ADR · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

GDS Holdings reported Q4 2024 revenue of CNY 10.32B, net income of CNY 3.30B.

For Q4 2024, GDS Holdings reported Revenue was CNY 10.32B, net income was CNY 3.30B. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue CNY 10.32B for Q4 2024.
  • Net income CNY 3.30B.
  • MD&A highlights operating priorities, liquidity, and sector risks.

Headline financials

Total Revenue

¥10.3B

Previous: ¥354M+2818.6%
EPS (adj)

-¥0.13

Previous: -¥0.13+0.0%
Adjusted EBITDA

¥178M

No prior period
Adjusted EBITDA Margin

48.2%

No prior period
Area Utilized (sqm)

453.1K

No prior period
Utilization Rate

73.8%

No prior period
Gain on Deconsolidation

¥613M

No prior period
Net Income

¥3.3B

Previous: -¥440M+851.1%
Operating Income

¥282M

Previous: ¥10.4M+2606.1%
Gross Profit

¥79.2M

Previous: ¥43.4M+82.6%

Revenue & EPS history

GDS · Revenue · Quarterly

¥10.3B

Q4 2024+2,818.6%vs Q4 2023
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Forward guidance

Outlook reflects China consumption, travel recovery, and regulatory environment.

Tailwinds

  • Domestic demand recovery in core segments.
  • Cost control and platform diversification.

Headwinds

  • Macro and regulatory uncertainty in China.
  • FX translation affects reported USD results.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+0.3%

Avg return

Earnings day

-0.1%

Avg return

5 days after

-0.1%

Avg return

30 days after

62%

21 / 34 earnings

Positive

+23.2%

Q3 2018

Best reaction

-24.4%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+0.5%+3.0%-15.1%
Q2 2025+7.5%+5.1%+23.3%
Q4 2024-14.0%-20.2%-39.7%
Q1 2024-16.0%-16.8%-5.7%
Q4 2023-24.4%-20.5%-14.0%
Q3 2023+2.6%-1.3%-21.5%
Q2 2023+9.3%+11.8%+0.1%
Q1 2023-1.3%-2.8%+10.6%
Q4 2022+4.2%+3.1%+6.6%
Q3 2022-17.5%-21.0%+39.1%
Q2 2022+3.6%+11.9%-19.6%
Q1 2022+2.3%-4.2%-7.5%
Q4 2021+15.2%+2.6%-21.4%
Q3 2021+1.0%-6.6%-23.1%
Q2 2021-6.5%-10.5%+3.5%
Q1 2021-6.6%-10.6%+1.0%
Q4 2020+5.0%+1.3%-12.1%
Q3 2020-3.9%-5.7%-3.4%
Q2 2020-4.8%-3.8%-5.5%
Q1 2020-0.7%+1.4%+7.7%
Q4 2019+1.4%+5.4%+16.2%
Q3 2019+3.3%+5.4%+14.3%
Q2 2019+1.1%+5.5%+12.0%
Q1 2019+14.6%+13.2%+3.0%
Q4 2018+0.4%+1.6%+15.0%
Q3 2018+23.2%+26.9%+14.9%
Q2 2018-9.4%-4.3%+6.8%
Q1 2018+13.9%+16.8%+28.6%
Q4 2017-9.0%-5.0%-10.9%
Q3 2017+4.8%+8.7%+3.6%
Q2 2017+3.3%+1.0%+7.3%
Q1 2017+4.0%-0.1%-9.5%
Q4 2016+3.9%+3.9%+8.1%
Q3 2016-0.5%-0.1%-17.0%
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015

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