H World Group revenue and financials
Secondary listing. The primary listing is H World Group · NASDAQ (USD)
$33.12Change from previous close: +1.04%Absolute change: +$0.34
In the fiscal year ended December 2025, H World Group reported revenue of ¥25.31B (+5.93% year over year). Net income was ¥5.08B, a net margin of 20.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +5.93%
- 2025 vs 2024
- Net income growth
- +66.67%
- 2025 vs 2024
- Net margin
- 20.1%
- 2024: 12.8%
Financial data
Amounts in millions of CNY; per-share values in CNY; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 64,774 | 62,552 | 63,532 | 61,507 | 9,927 | 65,155 | 52,983 | 23,993 | 17,508 | 9,993 |
| Current assets | 17,435 | 1,810 | 12,056 | 9,178 | 9,553 | 1,975 | 18,256 | 1,014 | 5,761 | 4,175 |
| Cash and equivalents | 10,386 | 1,024 | 978 | 3,583 | 5,116 | 1,077 | 465 | 4,262 | 3,475 | 3,235 |
| Short-term investments | 4,894 | 3,603 | 2,189 | 1,788 | — | — | — | — | — | — |
| Receivables | 1,082 | 1,228 | 1,149 | 1,425 | — | — | — | — | — | — |
| Inventory | 57.0 | 60.0 | 59.0 | 70.0 | — | — | — | — | — | — |
| Net property, plant and equipment | 32,607 | 32,946 | 33,926 | 37,801 | — | — | — | — | — | — |
| Goodwill | 776 | 715 | 5,318 | 5,195 | 805 | 764 | 2,657 | 2,630 | 2,265 | 172 |
| Other intangible assets | 5,183 | 4,950 | 5,461 | 5,477 | — | — | — | — | — | — |
| Long-term investments | 1,369 | 2,316 | 2,564 | 1,945 | — | — | — | — | — | — |
| Current liabilities | 19,127 | 1,825 | 2,450 | 13,146 | 2,397 | 1,614 | 17,287 | 5,969 | 3,771 | 2,966 |
| Accounts payable | 1,020 | 983 | 1,019 | 1,171 | — | — | — | — | — | — |
| Long-term debt | 479 | 623 | 1,265 | 6,635 | 3,565 | 10,856 | 8,084 | 8,812 | 4,922 | — |
| Total debt | 36,069 | 35,445 | 35,880 | 43,887 | — | — | — | — | — | — |
| Total liabilities | 51,816 | 6,889 | 51,283 | 7,641 | 8,195 | 53,723 | 6,533 | 17,674 | 11,274 | 659 |
| Total equity (incl. minority) | 12,958 | 12,271 | 12,249 | 8,803 | — | — | — | — | — | — |
| Retained earnings | 3,614 | 2,449 | 794 | -1,200 | — | — | — | — | — | — |
| Minority interest | 154 | 94.0 | 114 | 74.0 | — | — | — | — | — | — |