Analysts are now conflicted on Chinese stocks after an epic run over the past few weeks.Chinese stocks are once again in the limelight today, as analysts debate how much farther the rally could run and as treasuries bounced after a blowout jobs report on Friday. Shares of the electric-car maker Li Auto (LI 2.82%) and data center operator GDS Holdings (GDS 0.95%) traded 2% and 1.5% higher, respectively. Meanwhile, the e-commerce company PDD Holdings (PDD -2.17%) had fallen nearly 2%, despite an analyst upgra ...

SHANGHAI, China, Aug. 27, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China and South East Asia, today announced the release of its 2023 Environmental, Social and Governance (“ESG”) report, detailing the Company’s ongoing sustainability efforts and its ESG performance. In a significant development, GDS is delighted to announce that, through implementing a diverse strateg ...

文章核心观点 - 公司最新一季度财报业绩超预期,收入和亏损均好于分析师预期 [2][3][5] - 公司重申了全年收入和调整EBITDA的指引 [6] 公司业绩总结 - 第二季度收入同比增长14%,达到28.3亿元人民币(3.97亿美元),剔除一次性收入后增长率达18% [3] - 净亏损略有扩大,达到2.32亿元人民币(3.3亿美元),每股亏损1.30元人民币(0.18美元) [4] - 上述收入和亏损数据均好于分析师预期 [5] 公司指引 - 公司重申了2024年全年收入将达到113.4亿-117.6亿元人民币(159亿-165亿美元),调整EBITDA为49.5亿-51.5亿元人民币(69.4亿-72.2亿美元)的指引 [6] - 公司未提供净利润指引 [6]

GDS Holdings (NASDAQ:GDS) just reported results for the second quarter of 2024.GDS Holdings reported earnings per share of -18 cents. This was above the analyst estimate for EPS of -26 cents.The company reported revenue of $388.92 million.This was 0.12% worse than the analyst estimate for revenue of $389.37 million.InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per sh ...

财务数据和关键指标变化 - 公司在2Q 2024实现了18%的收入增长和15%的调整后EBITDA增长,这一增长率在当前市场环境下相当可观 [10] - 公司中国业务的两个关键财务目标是:1)稳定增长EBITDA,2)实现经营活动现金流为正,这将创造显著的股权价值并推动股价复苏 [11] 各条业务线数据和关键指标变化 - 中国业务在2Q 2024收入增长8.9%,调整后EBITDA增长4.3%,主要由于总使用面积增加10.2% [20][21] - 国际业务在2Q 2024收入增长24%,调整后EBITDA增长80%,IT功率使用量增加28兆瓦 [22] 各个市场数据和关键指标变化 - 中国业务中,约70%的新需求来自AI相关需求,其余30%来自互联网公司和传统云业务 [37][39] - 中国宏观经济环境对公司业务需求没有直接影响,反而公司客户持续加大AI相关投资 [39][40] - 公司在马来西亚Johor市场是第一进入者,未来3年内仍将享有先发优势,未来5年内该市场容量将持续增长 [60][61] 公司战略和发展方向及行业竞争 - 公司中国业务采取选择性接单策略,聚焦于可快速交付的大客户订单,以最小化增量资本支出 [11][14] - 公司国际业务在新加坡-柔佛-巴淡岛地区快速崛起,已成为全球最大的数据中心市场之一,公司在该区域处于领先地位 [15][16] - 公司计划在中国设立首个上市基础设施房地产投资信托(REIT),将为公司带来流动性和杠杆改善 [25][31][64] 管理层对经营环境和未来前景的评论 - 中国业务正在稳定,国际业务增长强劲,公司整体业绩表现出色 [10] - 中国业务将保持稳定的EBITDA增长和正现金流,国际业务未来2年内将实现大规模产能交付和收入增长 [11][17][48] - 公司在新加坡-柔佛-巴淡岛地区的先发优势将持续3年以上,该区域市场容量将持续增长 [60][61] 其他重要信息 - 公司已完成国际业务首轮外部股权融资,并计划进行第二轮融资 [43][44] - 公司正在推进在中国A股上市基础设施REIT,有望在明年获得监管批准 [31][64] 问答环节重要的提问和回答 问题1 **Yang Liu 提问** 询问公司在中国推进REIT的具体计划,包括时间进度、预期估值、投资者构成等 [29][30] **Daniel Newman 回答** 公司已选定一个稳定的项目作为REIT的种子资产,预计明年获得监管批准后一年内完成REIT发行,预计规模约20亿人民币。REIT将吸引包括战略投资者在内的多类投资者,有望显著提升公司中国业务的估值 [31][32][33][34] 问题2 **Frank Louthan 提问** 询问公司中国业务中AI相关需求占比及宏观经济对需求的影响 [36][37] **William Huang 回答** 公司中国业务中约70%需求来自AI相关需求,剩余30%来自互联网公司和传统云业务。宏观经济环境对公司需求没有直接影响,反而客户持续加大AI相关投资 [39][40] 问题3 **Sara Wang 提问** 询问公司国际业务未来融资计划,包括近期和中期 [42][43] **Daniel Newman 回答** 公司计划在今年底前完成国际业务第二轮股权融资,规模可能与首轮类似。之后可能考虑引入mezz debt等方式优化资本结构,同时也在当地银行层面获得项目贷款 [44][45]

GDS Holdings (GDS) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to loss of $0.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 28%. A quarter ago, it was expected that this company would post a loss of $0.33 per share when it actually produced a loss of $0.27, delivering a surprise of 18.18%.Over the last four quarters, the company has surpassed conse ...

Exhibit 99.1 Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") and Hong Kong Securities Clearing Company Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. GDS Holdings Limited** (the "Company") is controll ...

业绩总结 - 公司2Q24总收入同比增长17.7%，达到2826.4百万元[5] - 公司2Q24调整后的EBITDA同比增长14.9%，达到1312.2百万元[5] - 公司2Q24总净收入为2,826,369千人民币，同比增长17.7%，环比增长7.6%[27] - 公司2Q24调整后的毛利为1,451,457千人民币，同比增长16.2%，环比增长6.1%[27] - 公司2Q24调整后的EBITDA为1,312,194千人民币，同比增长14.9%，环比增长10.9%[27] 用户数据 - 公司新客户承诺的总面积增加了18.7%，达到756,992平方米[5] - 公司新客户承诺的总面积增加了93,321平方米（224兆瓦）[5] - 公司总使用面积达到462,673平方米，同比增长20.9%[5] - 公司GDS 2Q24在服务中的面积为630963平方米，较上季度增加4754平方米[54] - 公司GDS 2Q24在建面积为226272平方米，较上季度增加53735平方米[54] 未来展望 - 公司GDS预计FY24总收入将达到11340-11760百万人民币，同比增长13.9%-18.1%[44] - 公司GDS预计FY24调整后EBITDA将达到4950-5150百万人民币，同比增长7.0%-11.4%[44] 新产品和新技术研发 - 公司MSR (2Q24)为每平方米约135美元[35] 市场扩张和并购 - 公司中国市场数据中心总容量为69.8万平方米，其中租赁占比为49.5%、自有占比为41.1%、BOT占比为8.5%、第三方占比为0.9%[61] - 公司国际市场数据中心总容量为159.2万平方米，其中自有占比为99.4%、第三方占比为0.6%[62] 负面信息 - 公司GDSH 2Q24净债务为35419.0百万人民币，较上季度增加469.5百万人民币[40] - 公司GDSI 2Q24净债务为3339.3百万人民币，较上季度减少2169.3百万人民币[42]

SHANGHAI, China, Aug. 21, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China and South East Asia, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Net revenue increased by 14.3% year-over-year (“Y-o-Y”) to RMB2,826.4 million (US$388.9 million) in the second quarter of 2024 (2Q2023: RMB2,47 ...

The company received a bullish pre-earnings lift from a pundit.A significant price-target raise from an analyst led to significant gains for GDS Holdings' (GDS -4.30%) U.S. listed stock on Monday. The Chinese data center company saw its American depositary shares (ADS) rise by an even 10% on the day as a result. That percentage was nearly 10 times the gain of the S&P 500 index, which closed just short of 1% higher.A massive liftWell before market open that day, Jefferies prognosticator Edison Lee made quite ...