H World Group Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	10,532	7,524	7,710	5,086	5,141
Short-Term Investments	4,894	3,603	2,189	1,788	2,589
Cash & Short-Term Investments	15,426	11,127	9,899	6,874	7,730
Cash Growth	38.64%	12.40%	44.01%	-11.07%	-29.68%
Accounts Receivable	723	817	755	1,113	521
Other Receivables	359	411	394	312	367
Total Trade Receivables	1,082	1,228	1,149	1,425	888
Inventory	57	60	59	70	88
Other Current Assets	870	800	949	809	847
Total Current Assets	17,435	13,215	12,056	9,178	9,553
Net Property, Plant & Equipment	32,607	32,946	33,926	37,801	39,233
Other Intangible Assets	5,183	4,950	5,461	5,477	5,591
Goodwill	5,428	5,221	5,318	5,195	5,132
Long-Term Investments	1,369	2,316	2,564	1,945	1,965
Other Long-Term Assets	2,752	3,904	4,207	1,911	1,795
Total Assets	64,774	62,552	63,532	61,507	63,269
Accounts Payable	1,149	1,057	1,096	1,242	1,165
Accrued Expenses	6,090	5,207	4,328	2,994	2,429
Short-Term Debt	5,337	880	4,049	3,288	6,232
Current Portion of Leases	3,537	3,542	3,654	3,814	3,669
Unearned Revenue	1,823	1,822	1,637	1,308	1,366
Other Current Liabilities	1,191	813	2,647	500	418
Total Current Liabilities	19,127	13,321	17,411	13,146	15,279
Long-Term Debt	479	4,546	1,265	6,635	3,565
Long-Term Leases	26,716	26,477	26,912	30,150	30,696
Other Long-Term Liabilities	5,494	5,937	5,695	2,773	2,685
Total Long-Term Liabilities	32,689	36,960	33,872	39,558	36,946
Total Liabilities	51,816	50,281	51,283	52,704	52,225
Treasury Stock	-662	-274	-906	-441	-107
Additional Paid-in Capital	9,653	9,620	11,861	10,138	9,964
Accumulated Other Comprehensive Income	199	382	386	232	41
Retained Earnings	3,614	2,449	794	-1,200	1,037
Total Common Shareholders' Equity	12,804	12,177	12,135	8,729	10,935
Minority Interest	154	94	114	74	109
Shareholders' Equity	12,958	12,271	12,249	8,803	11,044
Total Liabilities & Equity	64,774	62,552	63,532	61,507	63,269
Total Debt	36,069	35,445	35,880	43,887	44,162
Net Cash (Debt)	-20,643	-24,318	-25,981	-37,013	-36,432
Net Cash Per Share	-63.57	-74.18	-77.52	-118.97	-116.99
Book Value	12,804	12,177	12,135	8,729	10,935
Book Value Per Share	39.43	37.14	36.21	28.06	35.11
Tangible Book Value	2,193	2,006	1,356	-1,943	212
Tangible Book Value Per Share	6.75	6.12	4.05	-6.25	0.68

Updated Mar 18, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q