8月20日，万国数据(GDS)盘中上涨2.22%，截至21:44，报32.29美元/股，成交1111.6万美元，总市值 66.64亿美元。 财务数据显示，截至2025年03月31日，万国数据收入总额27.23亿人民币，同比增长11.96%；归母净利 润7.63亿人民币，同比增长320.64%。 大事提醒： 8月20日，万国数据将于(美东)盘前披露2025财年中报（数据来源于纳斯达克官网，预计披露日期为美 国当地时间，实际披露日期以公司公告为准）。 资料显示，万国数据控股有限公司(纳斯达克股票代码:GDS;港交所股票代码:9698)是中国及东南亚地区 领先的高性能数据中心运营商和服务商。公司的数据中心分布于对高性能数据中心需求广泛的中国核心 经济枢纽地区。为了满足客户更广泛的需求,公司还根据客户的选择在非一线城市地区建设和运营数据 中心。公司的数据中心规模大,电力供应充沛、密度高且高效,所有关键系统均具备多重冗余。公司中立 于运营商及云服务提供商,客户可自由选择与主要电信运营商连接,以及接入托管于公司数据中心的多家 云服务提供商。万国数据可为客户提供托管和管理服务,包括与领先的公有云进行直接私有连接、独特 创新 ...

格隆汇8月20日｜万国数据(9698.HK)公告，2025年第二季度净收入29亿元，同比增长12.4%；净亏损 7060万元，较去年同期的2.32亿元有所收窄；经调整EBITDA为13.72亿元，同比增长11.2%。截至2025 年6月30日，签约及预签约的总面积为66.4万平方米，同比增加8.1%。计费面积为47.92万平方米，同比 增加14.1%。运营面积为61.81万平方米，同比增加6.5%。 ...

于2025年上半年，实现净收入约56.23亿元，同比增长12.2%;毛利约13.34亿元，同比增长22.71%;归属于 万国数据控股有限公司普通股股东的净利润为约6.64亿元，同比扭亏为盈。 万国数据主席兼首席执行官黄伟先生表示："我们严谨的执行力推动了又一个季度稳健的运营及财务业 绩。我们在持续加速交付积压订单的同时，仍保持对新订单的筛选策略。我们的C-REIT在上海证券交 易所的成功首次公开发售标志着一个关键战略里程碑。展望下半年，在人工智能演进的势头带动下，我 们已做好在一线市场捕捉新商机的準备。" 首席财务官Dan Newman先生表示："于2025年第二季度，我们的收入及经调整EBITDA同比增长12.4% 及11.2%，经调整EBITDA利润率为47.3%。在融资方面，我们通过发行新的可转换优先票据及股权融资 筹集所得款项净额676百万美元。我们新建立的C-REIT平台为我们提供了更高的融资灵活性。我们仍然 专注于为我们的业务合作伙伴及股东创造可持续的长期价值。" 万国数据-SW(09698)公布2025年第二季度业绩，净收入同比增加12.4%至29亿元。毛利为约6.89亿元， 同比增加21.8% ...

Group 1 - GDS Holdings reported a quarterly loss of $0.06 per share, better than the Zacks Consensus Estimate of a loss of $0.11, and improved from a loss of $0.18 per share a year ago, representing an earnings surprise of +45.45% [1] - The company posted revenues of $404.87 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 3.48%, and compared to year-ago revenues of $388.92 million [2] - GDS Holdings shares have increased approximately 33% since the beginning of the year, outperforming the S&P 500's gain of 9% [3] Group 2 - The earnings outlook for GDS Holdings is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The estimate revisions trend for GDS Holdings was favorable ahead of the earnings release, resulting in a Zacks Rank 1 (Strong Buy) for the stock, indicating expected outperformance in the near future [6] - The current consensus EPS estimate for the upcoming quarter is -$0.13 on revenues of $402.1 million, and -$0.12 on revenues of $1.59 billion for the current fiscal year [7] Group 3 - The Technology Services industry, to which GDS Holdings belongs, is currently ranked in the top 38% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this sector [8] - Another company in the same industry, Full Truck Alliance Co. Ltd. Sponsored ADR, is expected to report quarterly earnings of $0.16 per share, reflecting a year-over-year change of +23.1% [9] - Full Truck Alliance Co. Ltd. Sponsored ADR's revenues are anticipated to be $432.22 million, representing a 13.6% increase from the year-ago quarter [10]

香港交易及結算所有限公司、香港聯合交易所有限公司（「香港聯交所」）及香港中央結算有限公 司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不就因 本公告全部或任何部分內容所產生或因依賴該等內容而引致的任何損失承擔任何責任。 萬國數據控股有限公司*（「本公司」）以不同投票權控制。股東及有意投資者務請留意投資不同 投票權架構公司的潛在風險，特別是不同投票權受益人的利益未必總與股東整體利益一致，而 不論其他股東如何投票，不同投票權受益人會對股東決議案的結果有重大影響。我們的美國存 託股（每股美國存託股代表八股A類普通股）於美國納斯達克全球市場上市，股份代號為GDS。 GDS Holdings Limited 萬國數據控股有限公司* （於開曼群島以GDS Holdings Limited的名稱註冊成立及以不同投票權控制的有限公司，並以 GDS WanGuo Holdings Limited於香港經營業務） （股份代號：9698） 2025年第二季度業績公告 我們謹此宣佈截至2025年6月30日止三個月及六個月的未經審計財務業績（「業績 公告」）。我們亦根據香港聯合交易所有限公司證券上市規則（ ...

GDS (GDS) Q2 2025 Earnings Call August 20, 2025 08:00 AM ET Company ParticipantsLaura Chen - Head Investor RelationsWilliam Huang - Founder, Chairman of the Board & CEODaniel Newman - CFOYang Liu - Executive DirectorFrank Louthan - Managing DirectorEdison Lee - Head - HK/China Tech, Telecom & Software ResearchGokul Hariharan - Managing DirectorConference Call ParticipantsXinyi Wang - Equity Research Analyst - Greater China Telecom & Data CenterOperatorHello, ladies and gentlemen. Thank you for standing by f ...

Financial Data and Key Metrics Changes - Revenue increased by 12.4% year on year, while adjusted EBITDA grew by 11.2% [7][17] - Adjusted EBITDA margin for Q2 2025 was 47.3%, down from 47.8% in Q2 2024 [18] - Net debt to LQA adjusted EBITDA decreased from 6.6 times at the end of Q1 2025 to 6.1 times at the end of Q2 2025 [24][25] Business Line Data and Key Metrics Changes - Gross new bookings in Q2 2025 were 23,000 square meters, primarily from traditional internet and cloud businesses [10] - DayOne added 246 megawatts of new commitments in Q2 2025, bringing total power committed by customers to over 780 megawatts [15][28] Market Data and Key Metrics Changes - The utilization rate reached 77.5% in Q2 2025 [8] - The implied cap rate for the C REITs IPO was below 5%, indicating favorable market conditions for asset monetization [8] Company Strategy and Development Direction - The company is focusing on asset monetization strategies, having successfully completed a C REITs IPO and a data center ABS transaction [8][14] - The company aims to develop 900 megawatts of power land for future development in Tier one markets, anticipating significant AI-driven demand [12][13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in AI-driven demand over the medium to long term, despite current uncertainties in chip supply [11] - The company is prepared for future growth opportunities and has established a strong capital recycling strategy [14][75] Other Important Information - The company raised net proceeds of $676 million through convertible bonds and equity offerings, strengthening its balance sheet [7] - CapEx guidance was adjusted down from RMB 4.3 billion to RMB 2.7 billion due to proceeds from the Sea REIT transaction [22][23] Q&A Session Summary Question: Future strategy in asset monetization in China - Management indicated that asset monetization remains highly accretive for shareholders and is essential for future growth opportunities [31][32] Question: Development targets for DayOne - The company targets adding at least 500 megawatts annually, with a commitment to the market of at least 300 megawatts [35][36] Question: Customer profile and workloads - The customer base includes traditional internet companies and cloud service providers, with a mix of CPU and GPU workloads [40][41] Question: Impact of deconsolidation on guidance - Management acknowledged that deconsolidation of the C REIT will materially impact EBITDA but chose not to adjust revenue and EBITDA guidance at this time [63][64] Question: Growth expectations for next year - The company expects a reacceleration in revenue and EBITDA growth in Q2 and Q3 next year, driven by significant capacity deliveries [68][70] Question: AI orders and chip supply - Management noted that chip supply issues are currently limiting stronger bookings, but they remain optimistic about future demand [72][75]

Financial Performance - Total net revenue grew by 124% year-over-year to RMB 2,9003 million ($4049 million)[8] - Adjusted EBITDA grew by 112% year-over-year to RMB 1,3718 million ($1915 million) with a margin of 473%[8] - The company obtained RMB 4,451 million ($6213 million) of new debt financing/refinancing facilities[8] - The company raised net proceeds of $676 million in aggregate through CB and equity new issuance[8] Data Center Capacity and Utilization - New customer commitments (net) reached +14,398 sqm[8] - Total area committed increased by 81% year-over-year to 663,959 sqm[8] - Additional area utilized (net) was +16,763 sqm[8] - Total area utilized reached 479,186 sqm, a +141% year-over-year increase, resulting in a utilization rate of 775%[8] - Capacity in service reached 618,060 sqm with a total IT power of 1,326 MW[29] Backlog and Delivery - Backlog at 2Q25 was 184,773 sqm with approximately 35% scheduled for delivery in 2H25, 35% in FY26, and 30% thereafter[16] DayOne Updates - DayOne's net revenue reached $855 million, with an adjusted EBITDA of $297 million and an adjusted EBITDA margin of 347%[64] - DayOne's utilized IT power reached 213 MW[31] FY25 Business Outlook - The company projects revenue between RMB 11,290 million and RMB 11,590 million, implying a year-over-year growth of 94% - 123%[63] - Adjusted EBITDA is expected to be between RMB 5,190 million and RMB 5,390 million, representing a year-over-year increase of 64% - 105%[63] - Updated Capex (After ABS & C-REIT) is expected to be ~RMB 2,700 million, a (103%) decrease[63]

SHANGHAI, China, Aug. 20, 2025 (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, today announced its unaudited financial results for the second quarter ended June 30, 2025. Gross profit was RMB688.9 million (US$96.2 million) in the second quarter of 2025, a 21.8% increase over the same period last year of RMB565.7 million. Gross profit margin was 23.8% in the second quarter ...

来源：视频滚动新闻 美股周二盘前，万国数据涨3%。该公司将于美东时间8月20日(明日)盘前发布财报。机构预期万国数据 2025Q2预计实现营收28.38亿元，同比增加0.40%；预期每股收益-0.70元，亏损同比缩窄46.07%。 ...