GDS Holdings Limited (HKG:9698)

GDS Holdings Ratios and Metrics

Market cap in millions HKD. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 5, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	70,661	54,431	35,877	13,576	30,637	68,730
Market Cap Growth	118.09%	51.72%	164.27%	-55.69%	-55.42%	-49.35%
Enterprise Value	109,320	92,374	88,525	58,026	69,749	96,395
Last Close Price	44.20	33.70	22.80	9.06	20.50	45.30
PE Ratio	70.92	54.63	10.07	-	-	-
PS Ratio	5.55	4.28	3.27	1.26	2.92	7.16
PB Ratio	2.29	1.76	1.42	0.61	1.12	2.16
P/TBV Ratio	3.13	2.41	2.10	1.00	1.82	3.62
P/OCF Ratio	18.87	14.54	17.39	5.97	9.65	46.61
EV/Sales Ratio	8.53	7.26	8.06	5.38	6.66	10.04
EV/EBITDA Ratio	14.20	16.72	18.95	12.63	16.04	24.84
EV/EBIT Ratio	33.22	55.14	72.47	65.66	84.98	137.89
Debt / Equity Ratio	1.71	1.71	1.88	2.19	1.85	1.46
Debt / EBITDA Ratio	8.74	8.74	9.09	9.40	10.28	10.60
Net Debt / Equity Ratio	1.17	1.17	1.55	1.82	1.49	1.07
Net Debt / EBITDA Ratio	6.56	6.56	8.34	8.79	9.38	8.80
Net Debt / FCF Ratio	-24.51	-24.51	-27.80	-26.95	-6.75	-3.21
Asset Turnover	0.15	0.15	0.14	0.13	0.13	0.12
Quick Ratio	2.53	2.53	1.23	1.21	1.05	0.89
Current Ratio	2.60	2.60	1.28	1.32	1.13	1.07
Return on Equity (ROE)	3.73%	3.73%	-3.52%	-17.72%	-4.41%	-4.53%
Return on Assets (ROA)	1.23%	1.23%	0.97%	0.67%	0.62%	0.55%
Return on Invested Capital (ROIC)	1.68%	1.68%	1.96%	1.37%	1.27%	1.28%
Return on Capital Employed (ROCE)	2.10%	2.10%	1.80%	1.20%	1.10%	1.00%
Earnings Yield	1.41%	1.94%	10.16%	-34.81%	-5.38%	-2.26%
FCF Yield	-2.09%	-2.71%	-3.90%	-11.04%	-19.72%	-15.50%
Payout Ratio	5.70%	5.70%	1.58%	-	-	-
Buyback Yield / Dilution	-11.49%	-11.49%	-0.47%	-0.26%	-0.79%	-15.90%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.