Company: GDHLF
Filing Date: 2025-05-29
Form Type: 424B5
Source: 0001104659-25-053912
Chunk: 42

Company: GDS Holdings Ltd
Filing Date: 2025-05-29
Form: 424B5
Chunk 42
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 ​ | ​ | ​   | ​ |    148,918 | ​ | ​ | ​ |               ​ | ​ |  1,079,123 | ​ | ​ | ​ | ​   | ​ |    148,707 | ​ | ​ |
| Total GDS Holdings Limited shareholders’ equity | ​ | ​ |                  ​ | ​ | 18,893,460 | ​ | ​ | ​ |    ​ | ​ | 22,458,046 | ​ | ​ | ​ | ​   | ​ |  3,094,801 | ​ | ​ | ​ |               ​ | ​ | 23,232,701 | ​ | ​ | ​ | ​   | ​ |  3,201,552 | ​ | ​ |

Key Financial Metrics We monitor the following key financial metrics to help us evaluate growth trends, establish budgets, measure the effectiveness of our business strategies and assess operational efficiencies:

| ​                                  
 ​                                  | ​ 
 ​ | ​ 
 ​ | Year Ended December 31, 
 2022                    |   |         |   | ​ | ​ | 2023 |   |         |   | ​ | ​ | 2024 |   |       |   | ​ 
 ​ | ​ 
 ​ | Three Months EndedMarch 31, 
 2024                        |   |         |   | ​ | ​ | 2025 |   |       |   | ​ 
 ​ |
|:-----------------------------------|:--|:--|:------------------------|:--|:--------|:--|:--|:--|:-----|:--|:--------|:--|:--|:--|:-----|:--|:------|:--|:--|:--|:----------------------------|:--|:--------|:--|:--|:--|:-----|:--|:------|:--|:--|
| Other Consolidated Financial Data: | ​ | ​ | ​                       | ​ | ​       | ​ | ​ | ​ | ​    | ​ | ​       | ​ | ​ | ​ | ​    | ​ | ​     | ​ | ​ | ​ | ​                           | ​ | ​       | ​ | ​ | ​ | ​    | ​ | ​     | ​ | ​ |
| Gross margin(1)                    | ​ | ​ | ​                       | ​ | 21.1%   | ​ | ​ | ​ | ​    | ​ |