GDS Holdings Ltd (GDS): Long-Term Debt

Annual figures by period end, from SEC filings.

Restated years: each year's figure is from the latest filing that reports it. The company later restated the year ended 2023-12-31 (for example after a spin-off or a discontinued operation), while the year before it was last reported on the old basis. Changes across those points are marked n/c (not comparable), and growth rates are not computed across them.

25.90B CNY

As of 2025-12-31

2015-12-31 Long-Term Debt (CNY) 2025-12-31

Period ended	Long-Term Debt	Change YoY	Source filing
2025-12-31	25.90B CNY	+5.9%	2026-04-29, Balance as of period end
2024-12-31	24.45B CNY	-3.2%	2026-04-29, Balance as of period end
2023-12-31	25.25B CNY	n/c	2025-04-28, Balance as of period end
2022-12-31	25.49B CNY	+30.1%	2024-04-29, Balance as of period end
2021-12-31	19.59B CNY	+70.5%	2023-04-04, Balance as of period end
2020-12-31	11.49B CNY	+31.0%	2022-04-28, Balance as of period end
2019-12-31	8.77B CNY	+51.1%	2021-04-12, Balance as of period end
2018-12-31	5.80B CNY	+53.2%	2020-04-17, Balance as of period end
2017-12-31	3.79B CNY	+99.5%	2019-03-13, Balance as of period end
2016-12-31	1.90B CNY	+80.2%	2018-03-29, Balance as of period end
2015-12-31	1.05B CNY	n/a	2017-04-19, Balance as of period end

Long-Term Debt at similar companies

Companies with the same SEC industry code (Services-Computer Programming, Data Processing, Etc.), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

Company	Year ended	Long-Term Debt	Change YoY
GDS Holdings Ltd (GDS)	2025-12-31	25.90B CNY	+5.9%
Baidu, Inc. (BIDU)	2025-12-31	41.31B CNY	+14.7%
VNET Group, Inc. (VNET)	2025-12-31	13.64B CNY	+48.4%

Compare GDS, BIDU, VNET side by side · Screen every company in Services-Computer Programming, Data Processing, Etc. ↗