Business description: H World Group Limited

H World Group Ltd is a holding company primarily engaged in the operation of multi-brand hotels. The Company operates its business through two segments, including Legacy Huazhu segment and Legacy DH segment. The hotels primarily include economy hotels such as HanTing Hotel, Ni Hao Hotel and Hi Inn, midscale hotels such as JI Hotel, Orange Hotel and Starway Hotel, upper midscale hotels such as Crystal Orange Hotel, IntercityHotel and Manxin Hotel, upscale hotels such as Joya Hotel, Blossom House and Steigenberger Hotels & Resorts, as well as luxury hotels such as Steigenberger Icons and Song Hotel. The Company operates its hotels through three models, including leased and owned model, franchised model and manachised model. The Company primarily operates its business in the domestic market, as well as overseas markets such as Tunisia, Egypt, the UAE, Oman, Saudi Arabia and Singapore.

Number of employees: 26,458

Sales by Activity: H World Group Limited

Fiscal Period: December 2021 (CNY) 2022 (CNY) 2023 (CNY) 2024 (CNY) 2025 (CNY)

H World China

11.25B 10.66B 17.44B 19.03B 20.54B

H World International

1.54B 3.21B 4.46B 4.88B 4.79B

Elimination

- - -27M -19M -22M

Geographical breakdown of sales: H World Group Limited

Fiscal Period: December 2021 (CNY) 2022 (CNY) 2023 (CNY) 2024 (CNY) 2025 (CNY)

China

11.23B 10.64B 17.39B 18.98B 20.5B

Germany

1.26B 2.46B 3.32B 3.54B 3.4B

ALL Others

291M 767M 1.16B 1.36B 1.41B

Executive Committee: H World Group Limited

Manager TitleAgeSince
Chief Executive Officer 48 30/09/2021
Director of Finance/CFO 46 17/03/2026
General Counsel - 31/07/2014
Director of Finance/CFO 55 30/11/2022

Composition of the Board of Directors: H World Group Limited

Director TitleAgeSince
Director/Board Member 58 03/01/2007
Chairman 59 31/07/2009
Director/Board Member 71 19/07/2020
Director/Board Member 51 22/07/2020
Director/Board Member - 14/08/2025
Director/Board Member 52 14/08/2025

Shareholders: H World Group Limited

NameStocks%Valuation
Capital Research & Management Co. (International Investors)
3.938 %
12,200,747 3.938 % 548 M $
JPMorgan Investment Management, Inc.
3.749 %
11,616,661 3.749 % 521 M $
Schroder Investment Management (Hong Kong) Ltd.
2.937 %
9,101,227 2.937 % 409 M $
Invesco Advisers, Inc.
2.829 %
8,765,296 2.829 % 393 M $
First Sentier Investors RQI Pty Ltd.
2.818 %
8,730,201 2.818 % 392 M $
NameStocks%Valuation
23.43 %
726,075,860 23.43 % 3 250 M $
8.387 %
259,863,980 8.387 % 1 163 M $
7.117 %
220,494,460 7.117 % 987 M $
Capital Research & Management Co. (World Investors)
4.686 %
145,197,790 4.686 % 650 M $
0.3158 %
9,784,090 0.3158 % 44 M $

Company details: H World Group Limited

H World Group Ltd.

No. 1299 Fenghua Road

201803, Shanghai

+86 21 6195 2011

http://www.hworld.com
address H World Group Limited(HTHT)

Group companies: H World Group Limited

NameCategory and Sector
Financial Conglomerates
Financial Conglomerates
Hotels/Resorts/Cruise lines

Hotels & Motels

Change 5-day change 1-year change 3-year change Capi.($)
+0.39%-2.44%+24.01%-1.49% 12.64B
-1.68%-4.70%-13.69%+6.39% 5.88B
-1.08%-4.08%-10.83%+2.24% 5.62B
+0.52%-3.52%-23.00%-30.05% 5.23B
+0.10%-2.36%-18.42%-9.52% 4.95B
+1.74%-0.03%-9.17%+77.08% 4.43B
-0.21%-2.09%+18.93%+95.84% 3.95B
+1.63%-2.01%-19.15%-60.90% 2.64B
-0.66%-1.59%-3.37%+59.50% 2.28B
-0.34%-2.93%+3.79%+102.96% 1.96B
Average +0.04%-2.40%-5.09%+24.21% 4.96B
Weighted average by Cap. +0.02%-2.43%-1.33%+14.60%
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
18
Last Close Price
278.74CNY
Average target price
404.40CNY
Spread / Average Target
+45.08%

Quarterly revenue - Rate of surprise

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