GDS-SW(09698.HK): 2026 Q1 Report - Profit Attributable to Shareholders stood at CNY 2.65 billion, YoY increase of 247.13%
NewTimeSpace News: May 20, 2026, GDS-SW(09698.HK) released its Q1 Report for the period ended December 31, 2026, Total Revenue stood at CNY 3.37 billion, increased by 23.65% YoY; Net Profit stood at CNY 2.65 billion, YoY increase of 247.1%; Profit Attributable to Shareholders stood at CNY 2.65 billion, YoY increase of 247.13%; Basic Earnings Per Share (EPS) stood at CNY 1.67.
In terms of profitability, GDS-SW Gross Profit changed from CNY 644.83 million in the same period last year to CNY 1.13 billion in the current period, increased by CNY 486.69 million; gross profit margin changed from 23.68% in the same period last year to 33.61% in the current period, increased by 9.93 percentage points; net profit changed from CNY 764.07 million in the same period last year to CNY 2.65 billion in the current period, increased by CNY 1.89 billion; net profit margin changed from 28.06% in the same period last year to 78.77% in the current period, increased by 50.71 percentage points.
In terms of earnings quality, GDS-SW Operating Profit changed from CNY 365.24 million in the same period last year to CNY 907.96 million in the current period, increased by CNY 542.72 million; Operating Profit Margin changed from 13.41% in the same period last year to 26.97% in the current period, increased by 13.55 percentage points; Net Cash Flow from Operating Activities changed from cash inflow of CNY 780.07 million in the same period last year to cash inflow of CNY 447.69 million in the current period, decreased by CNY 332.38 million; Ratio of Net Cash Flow from Operating Activities to Total Operating Revenue changed from 28.65% in the same period last year to 13.3% in the current period, decreased by 15.35 percentage points.
In terms of financial soundness, GDS-SW Debt-to-Asset Ratio changed from 66.73% in the same period last year to 61.44% in the current period, decreased by 5.28 percentage points; Total Equity changed from CNY 23.364 billion in the same period last year to CNY 29.322 billion in the current period, increased by CNY 5.96 billion; Cash and Cash Equivalents changed from CNY 7.779 billion in the same period last year to CNY 14.858 billion in the current period, increased by CNY 7.08 billion; Current Liabilities changed from CNY 8.41 billion in the same period last year to CNY 12.64 billion in the current period, increased by CNY 4.23 billion.
In terms of R&D investment focus, GDS-SW R&D Expenses changed from CNY 7.89 million in the same period last year to CNY 9.56 million in the current period, increased by CNY 1.67 million; R&D to Total Revenue Ratio changed from 0.29% in the same period last year to 0.28% in the current period, decreased by 0.01 percentage points.
NewTimeSpace Disclaimer:All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.
