1. People's Republic of China Stocks

  2. •

    Consumer Cyclical

  3. •

    Travel Lodging
H World Group Limited

H World Group Limited

1179.HK
H World Group LimitedHK flagHong Kong Stock Exchange
33.84
HKD
+0.34
- -
104.07BMarket Cap
H World Group Limited
1179.HK
(Hong Kong Stock Exchange)

Recent

price

33.84

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.88
0.93
1.33
1.7
1.99
2.3
2.39
2.95
3.57
3.94
3.48
4.11
4.46
6.87
7.67
8.24
8.6
Revenue per Share
0.11
0.05
0.07
0.11
0.12
0.17
0.28
0.44
0.25
0.62
-0.75
-0.15
-0.59
1.28
0.98
1.65
1.63
Basic EPS, GAAP
0.03
-0.13
-0.12
- -
0.21
0.44
0.56
0.58
0.66
0.62
-0.4
-0.11
0.16
2.13
2.13
2.46
2.84
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
0.1
0.11
- -
0.23
0.23
- -
0.13
- -
1.12
1.27
1.49
Dividend per Share
0.88
0.93
1.01
1.14
1.28
1.37
1.94
2.13
2.18
2.49
3.53
3.39
2.8
3.84
3.95
4.17
4.58
Book Value per Share
0.84
0.88
0.94
1.07
1.22
1.27
1.76
0.79
0.53
0.96
0.06
0.07
-0.62
0.43
0.65
0.71
1.24
Tangible Book Value per Share
1,985
2,419
2,433
2,452
2,490
2,505
2,751
2,793
2,817
2,843
2,927
3,114
3,111
3,183
3,115
3,071
3,093
Basic Weighted Avg Shares
1,738
2,250
3,225
4,169
4,965
5,775
6,573
8,229
10,063
11,212
10,196
12,785
13,862
21,882
23,891
25,307
26,603
Sales/Revenue/Turnover
14.74
4.76
6.81
9.13
7.84
10.41
12.79
17.33
23.29
18.8
-12.25
1.28
-2.12
21.56
21.77
26.95
28.78
Operating Margin (%)
172
237
348
463
571
661
695
789
891
991
1,362
1,503
1,456
1,414
1,332
1,257
1,231
Depreciation Expense
216
115
175
280
307
437
782
1,228
716
1,769
-2,192
-465
-1,821
4,085
3,048
5,080
5,036
Net Income, GAAP
20.52
17.36
23.18
26.98
27.34
30.77
26.65
22.35
40.85
24.95
- -
- -
- -
22.51
34.59
29.59
32.12
Effective Tax Rate (%)
12.41
5.1
5.42
6.71
6.19
7.56
11.9
14.92
7.12
15.78
-21.5
-3.64
-13.14
18.67
12.76
20.07
18.93
Profit Margin (%)
840
380
-158
-360
-124
74
1,209
1,990
1,005
969
2,353
-5,726
-3,968
-5,355
-106
-1,692
3,060
Working Capital
- -
- -
- -
- -
- -
- -
- -
4,922
8,812
26,580
40,401
34,261
36,785
28,177
31,023
27,195
29,698
LT Debt
2,125
2,256
2,491
2,828
3,219
3,441
5,416
6,234
6,319
7,500
11,432
11,044
8,803
12,249
12,271
12,958
14,235
Total Equity
16.95
3.98
6.96
10.2
9.09
11.46
12.6
12.76
9.94
5.07
- -
- -
- -
7.14
6.95
9.66
10.32
Return on Invested Capital (%)
17.89
5.12
7.2
10.4
10.37
12.5
16.84
15.24
6.21
6.52
- -
- -
- -
8.6
6.68
10.92
10.61
Return on Capital (%)
19.52
5.26
7.42
10.6
10.19
13.14
17.71
21.18
11.57
26.1
-23.43
-4.18
-18.52
39.16
25.07
40.67
38.39
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
8,874
7,275
4,536
LT Borrowings
479
2,438
3,315
LT Finance Leases
26,716
26,046
26,383
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,072
3,075
3,075
Market Capitalization
101,844
105,806
88,886

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
17,435
17,801
17,761
Cash, Cash Equivalents & STI
15,280
15,670
15,564
Accounts Receivable, Net
723
787
839
Inventories
57
52
52
Total Current Liabilities
19,127
19,071
14,701
Payables & Accruals
8,430
9,952
8,161
ST Debt
8,874
7,275
4,536
Deferred Revenue
1,823
1,844
2,004

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.62%
4.25%
5.6%
Free Cash Flow
79.87%
182.43%
13.91%
Net Income, GAAP
-5.26%
-14.05%
66.67%
Sales/Revenue/Turnover
17.05%
21.36%
5.93%
Total Cash Common Dividend
- -
- -
12.27%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,278
6,148
6,442
6,023
23,891
2025
5,395
6,426
6,961
6,525
25,307
2026
5,996
7,121
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.21
0.34
0.41
0.02
0.98
2025
0.29
0.5
0.48
0.38
1.65
2026
0.27
0.5
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.67
- -
0.45
- -
1.12
2025
- -
0.7
0.58
- -
1.27
2026
- -
0.9
- -
- -
- -
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Business
H World Group Limited is a leading multi-brand hotel operator and franchisor primarily engaged in the development, leasing, manachising, and franchising of hotels across economy, midscale, upper midscale, upscale, and luxury segments; its core offerings include owned and leased hotels, franchised properties, and management services under an extensive portfolio of over 30 brands such as HanTing Hotel, JI Hotel, Orange Hotel, Crystal Orange Hotel, Elan Hotel, Hi Inn Hotel, Joya Hotel, Blossom House, Manxin Hotel, Madison Hotel, CitiGO Hotel, Starway Hotel, NiHao Hotel, CJIA Apartment, Suisse Place, Steigenberger Hotels & Resorts, Steigenberger Icons, MAXX by Steigenberger, IntercityHotel, and Zleep Hotels, alongside franchise partnerships with Accor brands including Ibis, Novotel, and Mercure. Founded in 2005 and headquartered in Shanghai's Jiading District, China, the company operates predominantly in the People's Republic of China with a growing international footprint in Europe, Singapore, and other regions through its Legacy Huazhu and Legacy DH segments, managing over 12,700 hotels with more than 1.2 million rooms as of September 2025. Recent developments include accelerated network expansion with over 2,400 new hotels opened by Legacy-Huazhu in 2024 exceeding initial targets, a 42% year-over-year increase in new Chinese hotel openings during Q3 2024 to 774 properties, completion of the full acquisition of Deutsche Hospitality in January 2020 for integration of its European brands, a secondary listing on the Hong Kong Stock Exchange in September 2020 under ticker 1179.HK, a name change from Huazhu Hotels Group to H World Group Limited in 2022 to reflect its global identity, and a milestone achievement of 10,000 hotels in 2024 supported by a light-asset franchise model that now constitutes approximately 90% of its portfolio, alongside total shareholder returns of US$767 million in 2024 through dividends and share repurchases.