Compare
Baidu, Inc. vs GDS Holdings Ltd vs VNET Group, Inc.
| Latest fiscal year | Baidu, Inc. BIDU | GDS Holdings Ltd GDS | VNET Group, Inc. VNET |
|---|---|---|---|
| Year ended | 2025-12-31 | 2025-12-31 | 2025-12-31 |
| Revenue | 129.08B CNY | 11.43B CNY | n/a |
| Revenue growth (YoY) | -3.0% | +10.8% | n/a |
| Gross margin | 43.9% (computed) | 22.6% | n/a |
| Operating margin | -4.5% | -0.5% | n/a |
| Net margin | 4.3% | 8.3% | n/a |
| Net income | 5.59B CNY | 949.64M CNY | -251.84M CNY |
| EPS (Diluted) | n/a | 0.55 CNY | -0.16 CNY |
| Operating cash flow | -3.01B CNY | 3.37B CNY | 1.92B CNY |
| Free cash flow | -15.09B CNY | -1.33B CNY | -5.74B CNY |
| Cash & equivalents | 24.61B CNY | 14.31B CNY | 5.52B CNY |
| Total assets | 449.16B CNY | 80.00B CNY | 44.59B CNY |
| Total liabilities | 159.43B CNY | 52.26B CNY | 36.03B CNY |
| Shareholders' equity | 266.33B CNY | 25.78B CNY | 6.85B CNY |
| Return on year-end equity | 2.1% | 3.7% | -3.7% |
| Shares outstanding | n/a | n/a | n/a |
Revenue, most recent five fiscal years
| Fiscal year | Baidu, Inc. | GDS Holdings Ltd | VNET Group, Inc. |
|---|---|---|---|
| Latest | 129.08B CNY Ended 2025-12-31 | 11.43B CNY Ended 2025-12-31 | 3.79B CNY Ended 2019-12-31 |
| 1 year earlier | 133.12B CNY Ended 2024-12-31 | 10.32B CNY Ended 2024-12-31 | 3.40B CNY Ended 2018-12-31 |
| 2 years earlier | 134.60B CNY Ended 2023-12-31 | 9.78B CNY Ended 2023-12-31 | 3.39B CNY Ended 2017-12-31 |
| 3 years earlier | 123.67B CNY Ended 2022-12-31 | 9.27B CNY Ended 2022-12-31 | 3.64B CNY Ended 2016-12-31 |
| 4 years earlier | 124.49B CNY Ended 2021-12-31 | 7.82B CNY Ended 2021-12-31 | 3.63B CNY Ended 2015-12-31 |