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CONSOLIDATED STATEMENTS OF OPERATIONS - CNY (¥)
¥ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
CONSOLIDATED STATEMENTS OF OPERATIONS      
Net revenue ¥ 5,738,972 ¥ 4,122,405 ¥ 2,792,077
Cost of revenue (4,188,521) (3,079,679) (2,169,636)
Gross profit 1,550,451 1,042,726 622,441
Operating expenses      
Selling and marketing expenses (134,937) (129,901) (110,570)
General and administrative expenses (702,524) (411,418) (329,601)
Research and development expenses (40,049) (21,627) (13,915)
Income from operations 672,941 479,780 168,355
Other income (expenses):      
Interest income 29,011 53,017 19,213
Interest expenses (1,316,506) (968,693) (656,186)
Foreign currency exchange gain (loss), net (21,038) (6,000) 20,306
Government grants 27,050 9,898 3,217
Gain from purchase price adjustment 55,154    
Others, net 4,952 5,565 5,436
Loss before income taxes (548,436) (426,433) (439,659)
Income tax benefits (expenses) (120,778) (15,650) 9,391
Net loss (669,214) (442,083) (430,268)
Net loss attributable to redeemable non-controlling interests 2,807    
Net loss attributable to GDS Holdings Limited shareholders (666,407) (442,083) (430,268)
Accretion to redemption value of redeemable non-controlling interests (18,627)    
Net loss available to GDS Holdings Limited shareholders (685,034) (442,083) (430,268)
Change in redemption value of redeemable preferred shares   (17,760)  
Cumulative dividend on redeemable preferred shares (52,709) (40,344)  
Net loss available to GDS Holdings Limited ordinary shareholders ¥ (737,743) ¥ (500,187) ¥ (430,268)
Loss per ordinary share      
Basic and diluted ¥ (0.59) ¥ (0.45) ¥ (0.43)
Weighted average number of ordinary share outstanding      
Basic and diluted 1,253,559,523 1,102,953,366 990,255,959