GDS Holdings Limited (GDS) Q3 2024 Earnings Call Transcript Summary
GDS Holdings Limited (GDS) Q3 2024 Earnings Call Transcript Summary
International segment revenue increased by 42% in Q3 2024, with adjusted EBITDA increasing by 15% quarter-on-quarter.The following is a summary of the GDS Holdings Limited (GDS) Q3 2024 Earnings Call Transcript:
以下是萬國數據（GDS）2024年第三季度業績會交流總結:
Financial Performance:
財務表現：
GDS Holdings reported a revenue growth of 18% and adjusted EBITDA growth of 15% year-on-year in Q3 2024.
In the China segment, revenue increased by 6.1%, and adjusted EBITDA increased by 3.6% year-on-year.
International segment revenue increased by 42% in Q3 2024, with adjusted EBITDA increasing by 15% quarter-on-quarter.
萬國數據報告顯示，2024年第三季度營業收入增長18%，調整後的EBITDA增長15%。
在中國板塊，營業收入同比增長6.1%，調整後的EBITDA同比增長3.6%。
國際板塊營業收入在2024年第三季度增長42%，調整後的EBITDA同比增長15%。
Business Progress:
業務進展：
GDS Holdings expanded into new markets including Thailand, where it is pioneering the first hyperscale data center project in the region.
Launched a new international business entity as a standalone platform to capitalize on AI-driven demand in the data center sector.
Achieved the highest organic area utilization increase, driven by AI demand, particularly in tier 1 markets.
Net additional area utilized for the full year 2024 is expected to be around 60,000 square meters, matching the peak year of 2020.
GDSI raised $1 billion from the issuance of Series B convertible preferred shares to boost capacity for AI technology.
萬國數據擴展到包括泰國在內的新市場，致力於在該地域板塊開啓首個超大規模idc概念項目。
推出了全新的國際業務實體，作爲獨立平台，以滿足idc概念板塊中基於人工智能需求的機會。
在人工智能需求推動下，在一線市場取得了最高的有機區域利用率增長。
預計2024年全年新增利用面積將達到約60,000平方米，與2020年的峯值相匹配。
萬國數據通過發行b輪可轉換優先股籌集了10億美元，以增加人工智能技術的能力。
Opportunities:
機會：
AI demand is creating opportunities for significant expansion in tier 1 markets and hyperscale campuses around Beijing, Shanghai, Shenzhen, and Guangzhou.
The establishment of a China REIT strategy aims to increase liquidity, lower cost of equity, recycle capital, and better capture new sales opportunities as AI demand grows.
人工智能需求爲在北京、上海、深圳和廣州等一線市場以及超大規模校園的顯著擴張創造了機會。
建立中國REIT策略旨在增加流動性、降低權益成本、回收資本，並在人工智能需求增長的同時更好地抓住新的銷售機會。
Risks:
風險：
The volatility in MSR (Monthly Service Revenue) per square meter and power tariffs impacts revenue growth and adjusted EBITDA margin in China.
Higher required CapEx for accelerated international expansion and Chinese market demands may impact financial commitments and cash flows.
中國每月服務收入每平方米和電力費率的波動影響了營業收入增長和調整後的EBITDA利潤率。
加速國際擴張和中國市場需求增加的資本支出可能會影響財務承諾和現金流。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
