Below are the financial statements of H World Group, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of CNY | 2024 | 2023 | 2022 |
---|---|---|---|
Revenues | — | — | — |
Leased and owned hotels | 13,843a | 13,796a | 9,148a |
Manachised and franchised hotels | 9,498a | 7,694a | 4,405a |
Others | 550a | 392a | 309a |
Total revenues | 23,891a | 21,882a | 13,862a |
Operating costs and expenses | — | — | — |
Hotel operating costs | -15,285a | -14,341a | -12,260a |
Other operating costs | -31a | -34a | -62a |
Selling and marketing expenses | -1,176a | -1,072a | -613a |
General and administrative expenses | -2,508a | -2,086a | -1,675a |
Pre-opening expenses | -50a | -35a | -95a |
Total operating costs and expenses | -19,050a | -17,568a | -14,705a |
Goodwill impairment loss | 0a | -4a | 0a |
Other operating income, net | 359a | 404a | 549a |
(Loss) income from operations | 5,200a | 4,714a | -294a |
Interest income | 210a | 248a | 87a |
Interest expense | -318a | -385a | -409a |
Other income, net | 51a | 573a | 10a |
(Loss) gain from fair value changes of equity securities, net | -66a | 109a | -359a |
Foreign exchange (loss) gain, net | -272a | 90a | -641a |
(Loss) income before income taxes | 4,805a | 5,349a | -1,606a |
Income tax expense | -1,662a | -1,204a | -207a |
Loss from equity method investments | -41a | -14a | -36a |
Net (loss) income | 3,102a | 4,131a | -1,849a |
Less: net (loss) income attributable to noncontrolling interest | 54a | 46a | -28a |
Net (loss) income attributable to H World Group Limited | 3,048a | 4,085a | -1,821a |
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