Update date
31 Dec 2025
Shareable Research Card
This metric view shows GDS - GDS Holdings Ltd liabilities, current history from SEC company facts.
Use it to verify the latest reported value, compare nearby periods, and jump to a cross-company ranking when a curated insight exists.
Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Values may differ by reporting period and company taxonomy.
Return Loop
This metric history becomes more useful after the next quarterly or annual filing because the latest reported value, period, and company comparison context can all change.
Metric freshness comes from the latest SEC company fact available for this taxonomy tag and the paired company facts page.
Latest update
Latest reported liabilities, current: ¥7,128,359,000. Open the source-backed page to compare this metric with the newest filing-backed context.
Update date
31 Dec 2025
Page type
Metric history
Latest period
Q4 2025
SEC-backed company facts were refreshed from filings filed on 29 Apr 2026.
Benchmark Context
GDS Holdings Ltd sits in the top quarter of the current liabilities, current sample.
Compared with
Compared with 120 companies reporting liabilities, current in CNY. This keeps the comparison on the same metric and unit family.
Why this is notable
This is about 6.3x the current sample midpoint. Liabilities, Current is down about 21% versus the comparable prior period.
Peer comparisons use the same metric and compatible units only. Latest reported periods may differ across companies, so open each company page before drawing conclusions.
Save this filer page
Create a free account to keep this page in your watchlists. After verification, we will save it automatically and open your saved research list.
Financial Metric Page
Latest period: Q4 2025. Period end: 31 Dec 2025. Units: CNY. Frequency: quarterly.
Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.
Source: SEC company facts
Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Reporting periods may differ by company.
Direct filing link is shown only when a matched SEC filing document is available for this metric context.
Compare latest available Liabilities, Current levels across SEC-reporting companies, then open each company metric page for SEC-backed verification. Reporting periods may differ by company.
GDS Holdings Ltd appears at rank #23 in the latest comparison sample.
| Rank | Company | Latest value | Report period | Next step |
|---|---|---|---|---|
| 1 | Alibaba Group Holding Ltd (baba) | ¥476,398,000,000 | Instant - 31 Mar 2026 | Open Alibaba Group Holding Ltd Liabilities, Current |
| 2 | JD.com, Inc. (jd) | ¥306,072,000,000 | Instant - 31 Dec 2025 | Open JD.com, Inc. Liabilities, Current |
| 3 | PDD Holdings Inc. (pdd) | ¥213,737,168,000 | Instant - 31 Dec 2025 | Open PDD Holdings Inc. Liabilities, Current |
| 4 | Baidu, Inc. (bidu) | ¥86,328,000,000 | Instant - 31 Dec 2025 | Open Baidu, Inc. Liabilities, Current |
| 5 | NIO Inc. (nio) | ¥78,582,563,000 | Instant - 31 Dec 2025 | Open NIO Inc. Liabilities, Current |
| 6 | Trip.com Group Ltd (tcom) | ¥78,169,000,000 | Instant - 31 Dec 2025 | Open Trip.com Group Ltd Liabilities, Current |
Compare periods with the same frequency first, then use YoY and TTM series to confirm whether changes are structural or one-off.
| Period | Value | YoY Chg | Change % | Date | Report | Filed | Fiscal Year | Fiscal Period |
|---|---|---|---|---|---|---|---|---|
| Q4 2025 | ¥7,128,359,000 | -¥1,949,739,000 | -21% | 31 Dec 2025 | 20-F | 29 Apr 2026 | 2025 | FY |
| Q4 2024 | ¥9,078,098,000 | +¥772,622,000 | +9.3% | 31 Dec 2024 | 20-F | 29 Apr 2026 | 2025 | FY |
| Q4 2023 | ¥8,305,476,000 | -¥2,297,899,000 | -22% | 31 Dec 2023 | 20-F | 28 Apr 2025 | 2024 | FY |
| Q4 2022 | ¥10,603,375,000 | -¥2,861,868,000 | -21% | 31 Dec 2022 | 20-F | 29 Apr 2024 | 2023 | FY |
| Q4 2021 | ¥13,465,243,000 | +¥5,821,422,000 | +76% | 31 Dec 2021 | 20-F | 04 Apr 2023 | 2022 | FY |
| Q4 2020 | ¥7,643,821,000 | +¥3,644,307,000 | +91% | 31 Dec 2020 | 20-F | 28 Apr 2022 | 2021 | FY |
| Q2 2020 | ¥6,468,154,000 | 30 Jun 2020 | 6-K | 19 Oct 2020 | 2020 | Q2 | ||
| Q4 2019 | ¥3,999,514,000 | +¥491,635,000 | +14% | 31 Dec 2019 | 20-F | 12 Apr 2021 | 2020 | FY |
| Q3 2019 | ¥3,578,291,000 | 30 Sep 2019 | 6-K | 04 Dec 2019 | 2019 | Q3 | ||
| Q4 2018 | ¥3,507,879,000 | +¥1,084,808,000 | +45% | 31 Dec 2018 | 20-F | 17 Apr 2020 | 2019 | FY |
| Q4 2017 | ¥2,423,071,000 | +¥943,850,000 | +64% | 31 Dec 2017 | 20-F | 13 Mar 2019 | 2018 | FY |
| Q3 2017 | ¥1,906,446,000 | 30 Sep 2017 | 6-K | 23 Jan 2018 | 2017 | Q3 | ||
| Q4 2016 | ¥1,479,221,000 | +¥554,172,000 | +60% | 31 Dec 2016 | 20-F | 29 Mar 2018 | 2017 | FY |
| Q4 2015 | ¥925,049,000 | 31 Dec 2015 | 20-F | 19 Apr 2017 | 2016 | FY |