Company Analysis

H World Group Limited (HTHT)

Nasdaq: HTHT · Hotels & Motels · Shanghai, CN · filing with the SEC since 2010
Grade6.6
◀ Past 5.9● Present 6.3▶ Future 7.8
1 est.

The grade of H World Group Limited

Nine metrics read from its own filings, by tense
Headline grade
6.6/10
◀ Past5.930% of the headline
● Present6.340% of the headline
▶ Future7.830% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.9/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
6.8/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 68th percentile among 28 sector filers · read for itself

From the record

H World Group Limited's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.7/10

What has it actually done, year after year?

+18.4% a year over 10 filed years; profitable in 7 of 10.

weight 45% of this tense · 67th percentile among 27 sector filers · read for its customers

From the record

H World Group Limited's 10 filed years say what it did: revenue went from CNY 2.4 billion in fiscal 2011 to CNY 25 billion in fiscal 2025, up 18.4% a year; it rose in 8 of 9 years; the deepest fall was 9% from fiscal 2019 to fiscal 2020; net income was positive in 7 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span18.4%top 17% of its family
  • the share of years revenue rosetop 26% of its family
  • the share of filed years with a profitbottom 39% of its family
  • the deepest fall from a revenue peak9.1%top 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
2.8/10

How has it treated the people who own it?

Share count grew 1.4% a year. 43% of cash flow returned. Insiders: 1 sales, 0 purchases.

weight 22% of this tense · 28th percentile among 23 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, H World Group Limited's diluted share count grew about 1.4% a year, and dividends and buybacks returned about 43% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 1 sale and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 15% of its family
  • cash returned against operating cash flowbottom 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.3/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
4.8/10

Is it financially healthy right now?

ROE 39%: 39¢ of profit per shareholder dollar. Leverage 80%: owes 80¢ per asset dollar.

weight 33% of this tense · 48th percentile among 26 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, H World Group Limited earned about 39 cents of profit for every dollar of shareholders' money. Leverage: it owed about 80 cents per dollar of assets, and net share issuance: its share count shrank 0.9% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 35% of its family
  • return on equitytop 34% of its family
  • the share count against the year beforebottom 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
8.0/10

How strong is its position in its industry?

top 20% of 27 in its family; net margin 20.1%.

weight 45% of this tense · 80th percentile among 27 sector filers · read for its customers

From the record

H World Group Limited's standing among 27 graded names in its industry family: revenue of CNY 25 billion in fiscal 2025 is not ranked by size, since the family reports in another currency; a net margin of 20.1% ranks in the top 9%; revenue growth of 22.2% a year over the last 3 filed years ranks in the top 31% (its annual reports).

What it rests on

  • net margin20.1%top 9% of its family
  • three-year revenue growth22.2%top 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.0/10

What are the people in charge doing?

SI estimate 5.0/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 21 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-13 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 21 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-13 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 21 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: H World Group Limited's leadership is put at 5.0 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-13 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 21 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

7.8/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
9.4/10

How much room does it have to grow?

top 6% of 26 in its family for room to expand.

weight 22% of this tense · 94th percentile among 26 sector filers · read for itself

From the record

H World Group Limited's room to grow, from the newest filed statements (fiscal 2025): cash of CNY 10 billion against debt of CNY 479 million leaves 15.3% of its assets as net cash, top 9% of its family; cash from operations less capital spending is 33.1% of revenue (top 2%) (its annual report).

What it rests on

  • cash less debt against assets15.3%top 9% of its family
  • cash from operations less capital spending against revenue33.1%top 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.7/10

What could actually drive growth from here?

top 23% of 27 in its family for growth drivers.

weight 45% of this tense · 77th percentile among 27 sector filers · read for its customers

From the record

H World Group Limited's growth drivers, from the filed years to fiscal 2025: revenue grew 22.2% a year over the last three filed years against 18.4% over all 10, speeding up (top 35% of its family); the newest year grew 5.9% (top 31%); capital spending grew 55.8% a year (top 2%) (its annual reports). H World Group Limited reported 3 product lines in fiscal 2025: Leased and Owned Hotels at CNY 13 billion (51%), Manachised and Franchised Hotels at CNY 12 billion (46%), Service Other at CNY 668 million (3%); 2 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+3.8 points a yeartop 35% of its family
  • the newest year's revenue growth5.9%top 31% of its family
  • three-year growth of capital spending55.8%top 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.7/10

Did its newest year beat what its own record pointed to?

top 33% of 27 in its family for expectations against reality.

weight 33% of this tense · 67th percentile among 27 sector filers · read for its shareholders

From the record

H World Group Limited's newest year against its own record: revenue of CNY 25 billion in fiscal 2025 came in 19.3% below the CNY 31 billion its prior three years' pace pointed to (bottom 31% of its family); net income of CNY 5.1 billion against a prior three-year average of CNY 1.8 billion (top 9%); a net margin of 20.1% against 6.1% before (top 20%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-19.3%bottom 31% of its family
  • net income against the prior three years' average+187%top 9% of its family
  • net margin against its prior average+14.0 pointstop 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton HTHT · research, not advice