H World Group Limited (HTHT) — Financial statements
Income statement, balance sheet, and cash flow for H World Group Limited — annual and quarterly history with growth and margin analysis.
| Metric (CNY Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 24,618↑3.0% | 23,891↑9.2% | 21,882↑57.9% | 13,862↑8.4% | 12,787 | |
| Cost of Revenue | 14,921↑6.3% | 14,031↓2.2% | 14,341↑17.0% | 12,260↑8.6% | 11,286 | |
| Gross Profit | 9,696↓1.7% | 9,860↑30.8% | 7,541↑370.7% | 1,602↑6.7% | 1,501 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 2,262↓9.8% | 2,508↑18.5% | 2,117↑26.4% | 1,675↑8.3% | 1,547 | |
| Selling & Marketing Expenses | 1,270↑8.0% | 1,176↑9.7% | 1,072↑74.9% | 613↓4.4% | 641 | |
| SG&A Expenses | 3,532↓4.1% | 3,684↑15.5% | 3,189↑39.4% | 2,288↑4.6% | 2,188 | |
| Other Expenses | -96↓109.9% | 976↑369.6% | -362↑7.7% | -392↑53.9% | -851 | |
| Operating Expenses | 3,436↓26.3% | 4,660↑64.8% | 2,827↑49.1% | 1,896↑41.8% | 1,337 | |
| Total Costs & Expenses | 18,357↓1.8% | 18,691↑8.9% | 17,168↑21.3% | 14,156↑12.1% | 12,623 | |
| Operating Results | ||||||
| Operating Income | 6,261↑20.4% | 5,200↑10.3% | 4,714↑1703.4% | -294↓279.3% | 164 | |
| Depreciation & Amortization | 1,158↓13.1% | 1,332↓5.8% | 1,414↓2.9% | 1,456↓3.1% | 1,503 | |
| EBITDA | 7,418↑14.9% | 6,455↓9.7% | 7,148↑2659.8% | 259↓82.7% | 1,500 | |
| EBIT | 6,261↑22.2% | 5,123↓10.7% | 5,734↑579.0% | -1,197↓39800.0% | -3 | |
| Interest & Other Income | ||||||
| Net Interest Income | -111↓2.7% | -108↑21.2% | -137↑57.5% | -322↓1.9% | -316 | |
| Interest Income | 217↑3.3% | 210↓15.3% | 248↑185.1% | 87↓2.2% | 89 | |
| Interest Expense | 328↑3.1% | 318↓17.4% | 385↓5.9% | 409↑1.0% | 405 | |
| Non-Operating Income | 0.00↓100.0% | 77↑107.5% | -1,020↓213.0% | 903↑440.7% | 167 | |
| Other Income / Expenses | 817↑287.4% | -436↓170.2% | 621↑146.1% | -1,348↓113.3% | -632 | |
| Income Before Tax | 7,078↑48.6% | 4,764↓10.7% | 5,335↑424.9% | -1,642↓250.9% | -468 | |
| Income Tax Expense | 2,102↑26.5% | 1,662↑38.0% | 1,204↑481.6% | 207↑1625.0% | 12 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 4,976↑60.4% | 3,102↓24.9% | 4,131↑323.4% | -1,849↓285.2% | -480 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 4,942↑62.1% | 3,048↓25.4% | 4,085↑325.3% | -1,813↓289.9% | -465 | |
| Bottom-Line Net Income | 4,942↑62.1% | 3,048↓25.4% | 4,085↑324.3% | -1,821↓291.6% | -465 | |
| EPS (Basic) | 16.10↑64.3% | 9.80↓23.4% | 12.80↑320.7% | -5.80↓286.7% | -1.50 | |
| EPS (Diluted) | 15.20↑58.3% | 9.60↓23.2% | 12.50↑311.9% | -5.90↓293.3% | -1.50 | |
| Weighted Average Shares | 307↓1.4% | 312↓4.3% | 326↑4.6% | 311↑0.4% | 310 | |
| Weighted Average Diluted Shares | 325↓0.9% | 328↓2.2% | 335↑7.7% | 311↓0.1% | 311 | |
* All figures in Millions of CNY, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.