H World Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	12,360	10,386	7,474	6,946	3,583	5,116
Short-Term Investments	3,310	4,894	3,603	2,189	1,788	2,589
Cash & Short-Term Investments	15,670	15,280	11,077	9,135	5,371	7,705
Cash Growth	44.21%	37.94%	21.26%	70.08%	-30.29%	-29.50%
Accounts Receivable	787	723	817	755	1,113	521
Other Receivables	237	272	297	210	178	149
Total Trade Receivables	1,024	995	1,114	965	1,291	670
Inventory	52	57	60	59	70	88
Other Current Assets	1,055	1,103	964	1,897	2,446	1,090
Total Current Assets	17,801	17,435	13,215	12,056	9,178	9,553
Net Property, Plant & Equipment	32,007	32,762	33,120	34,107	38,000	39,439
Other Intangible Assets	4,895	5,028	4,776	5,280	5,278	5,385
Goodwill	5,339	5,428	5,221	5,318	5,195	5,132
Long-Term Investments	1,373	1,369	2,316	2,564	1,945	1,965
Other Long-Term Assets	2,748	2,752	3,904	4,207	1,911	1,795
Total Assets	64,163	64,774	62,552	63,532	61,507	63,269
Accounts Payable	1,045	1,149	1,057	1,096	1,242	1,165
Accrued Expenses	6,139	7,281	6,020	4,890	3,494	2,847
Short-Term Debt	3,749	5,337	880	4,049	3,288	6,232
Current Portion of Leases	3,526	3,537	3,542	3,654	3,814	3,669
Unearned Revenue	1,844	1,823	1,822	1,637	1,308	1,366
Other Current Liabilities	2,768	-	-	2,085	-	-
Total Current Liabilities	19,071	19,127	13,321	17,411	13,146	15,279
Long-Term Debt	2,438	479	4,546	1,265	6,635	3,565
Long-Term Leases	26,046	26,716	26,477	26,912	30,150	30,696
Other Long-Term Liabilities	5,507	5,494	5,937	5,695	2,773	2,685
Total Long-Term Liabilities	33,991	32,689	36,960	33,872	39,558	36,946
Total Liabilities	53,062	51,816	50,281	51,283	52,704	52,225
Treasury Stock	-575	-662	-274	-906	-441	-107
Additional Paid-in Capital	9,653	9,653	9,620	11,861	10,138	9,964
Accumulated Other Comprehensive Income	194	199	382	386	232	41
Retained Earnings	1,675	3,614	2,449	794	-1,200	1,037
Total Common Shareholders' Equity	10,947	12,804	12,177	12,135	8,729	10,935
Minority Interest	154	154	94	114	74	109
Shareholders' Equity	11,101	12,958	12,271	12,249	8,803	11,044
Total Liabilities & Equity	64,163	64,774	62,552	63,532	61,507	63,269
Total Debt	35,759	36,069	35,445	35,880	43,887	44,162
Net Cash (Debt)	-20,089	-20,789	-24,368	-26,745	-38,516	-36,457
Net Cash Per Share	-61.72	-64.02	-74.33	-79.80	-123.80	-117.07
Book Value	10,947	12,804	12,177	12,135	8,729	10,935
Book Value Per Share	33.63	39.43	37.14	36.21	28.06	35.11
Tangible Book Value	713	2,348	2,180	1,537	-1,744	418
Tangible Book Value Per Share	2.19	7.23	6.65	4.59	-5.61	1.34

SEC Filings: 10-K · 10-Q