H World Group Limited (HTHT)

H World Group Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2020	FY 2018
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2020	Dec 31, 2018
Net Income	3,102	4,131	-1,849	-2,204	727
Depreciation & Amortization	1,332	1,414	1,456	1,362	891
Stock-Based Compensation	322	143	87	122	83
Other Adjustments	3,328	2,026	3,312	2,648	1,317
Change in Receivables	-95	296	-621	35	-36
Changes in Inventories	-	-	-	0	-14
Changes in Accounts Payable	-	-	-	31	38
Changes in Accrued Expenses	873	1,535	570	399	288
Changes in Income Taxes Payable	251	62	82	94	48
Changes in Unearned Revenue	467	576	-19	-52	114
Changes in Other Operating Activities	-2,062	-2,509	-1,454	-1,826	-46
Operating Cash Flow	7,518	7,674	1,564	609	3,049
Operating Cash Flow Growth	-2.03%	390.67%	156.81%	-80.03%	24.30%
Capital Expenditures	-883	-894	-1,049	-1,745	-1,115
Purchases of Intangible Assets	-15	-7	-4	-31	-138
Purchases of Investments	-4,017	-3,509	-401	-1,702	-4,959
Proceeds from Sale of Investments	2,563	2,972	937	396	177
Payments for Business Acquisitions	-	0	-57	-5,060	-496
Proceeds from Business Divestments	-	-	-	4	8
Other Investing Activities	113	-39	52	37	113
Investing Cash Flow	-2,239	-1,477	-522	-8,101	-6,345
Short-Term Debt Issued	77	745	4,249	1,658	928
Short-Term Debt Repaid	-367	-3,436	-1,935	-1,993	-128
Net Short-Term Debt Issued (Repaid)	-290	-2,691	2,314	-335	800
Long-Term Debt Issued	562	424	2,852	5,234	4,275
Long-Term Debt Repaid	-213	-2,402	-5,819	-9,205	-799
Net Long-Term Debt Issued (Repaid)	349	-1,978	-2,967	-3,971	3,476
Issuance of Common Stock	-	1,973	-	6,019	14
Repurchase of Common Stock	-1,172	-848	-334	-	-
Net Common Stock Issued (Repurchased)	-1,172	1,125	-334	6,019	14
Common Dividends Paid	-3,480	-	-416	-678	-
Other Financing Activities	-911	-176	9	-152	-62
Financing Cash Flow	-5,504	-3,720	-1,394	883	4,248
Effect of Exchange Rate Changes on Cash and Cash Equivalents	30	164	297	-300	-24
Net Cash Flow	-195	2,641	-55	-6,909	928
Free Cash Flow	6,635	6,780	515	-1,136	1,934
Free Cash Flow Growth	-2.14%	1216.51%	-	-	18.36%
FCF Margin	27.77%	30.98%	3.72%	-11.14%	19.22%
Free Cash Flow Per Share	20.24	20.23	1.66	-3.88	63.70
Levered Free Cash Flow	3,085	-400	-2,888	-8,235	5,196
Unlevered Free Cash Flow	3,379	3,837	-745.89	-3,264	1,591

Updated Nov 17, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q