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CONSOLIDATED STATEMENTS OF OPERATIONS - CNY (¥)
¥ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CONSOLIDATED STATEMENTS OF OPERATIONS      
Net revenue ¥ 7,818,681 ¥ 5,738,972 ¥ 4,122,405
Cost of revenue (6,039,252) (4,188,521) (3,079,679)
Gross profit 1,779,429 1,550,451 1,042,726
Operating expenses      
Selling and marketing expenses (148,614) (134,937) (129,901)
General and administrative expenses (1,021,950) (702,524) (411,418)
Research and development expenses (39,343) (40,049) (21,627)
Income from operations 569,522 672,941 479,780
Other income (expenses):      
Interest income 50,445 29,011 53,017
Interest expenses (1,654,737) (1,316,506) (968,693)
Foreign currency exchange loss, net (7,644) (21,038) (6,000)
Government grants 88,209 27,050 9,898
Gain from purchase price adjustment 7,010 55,154  
Others, net (1,557) 4,952 5,565
Loss before income taxes (948,752) (548,436) (426,433)
Income tax expenses (242,461) (120,778) (15,650)
Net income (1,191,213) (669,214) (442,083)
Net loss attributable to non-controlling interests 1,403    
Net loss attributable to redeemable non-controlling interests 2,592 2,807  
Net loss attributable to GDS Holdings Limited shareholders (1,187,218) (666,407) (442,083)
Accretion to redemption value of redeemable non-controlling interests (77,644) (18,627)  
Net loss available to GDS Holdings Limited shareholders (1,264,862) (685,034) (442,083)
Change in redemption value of redeemable preferred shares     (17,760)
Cumulative dividend on redeemable preferred shares (49,073) (52,709) (40,344)
Net loss available to GDS Holdings Limited ordinary shareholders ¥ (1,313,935) ¥ (737,743) ¥ (500,187)
Loss per Class A and Class B ordinary share      
Loss per Class A and Class B ordinary share, basic ¥ (0.90) ¥ (0.59) ¥ (0.45)
Loss per Class A and Class B ordinary share, diluted ¥ (0.90) ¥ (0.59) ¥ (0.45)
Weighted average number of ordinary share outstanding      
Weighted average number of ordinary share outstanding, basic 1,452,906,722 1,253,559,523 1,102,953,366
Weighted average number of ordinary share outstanding, diluted 1,452,906,722 1,253,559,523 1,102,953,366