Pulling SEC filings + quote and writing the call…

H World Group Ltd
Next earnings Aug 18, 2026 · consensus $0.54 EPS, $6.94B rev
Fast-growing Chinese hotel operator with strong profit growth, but distorted ADS-vs-share valuation math makes a confident price call unsafe.
Middling fundamentals and a rich price (~79% above fair value) leave little margin of safety — a wait-and-see.
Sources: SEC EDGAR (CIK 0001483994, latest 4 filed 2026-06-02) · EODHD · analysis by claude-code · as of 6/21/2026, 8:46:01 PM.
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H World (formerly Huazhu) is China's leading economy-and-midscale hotel operator, and the underlying fundamentals are strong. FY2025 revenue grew 10.5% to $3.62B, operating income jumped 36.7% to $975M, and net income surged 73.7% to $726M. Operating cash flow rose 16.3% to $1.20B and cash climbed 45.0% to $1.49B, while long-term debt was cut 89.1% to $68.0M. Returns are robust given the asset-light franchising model, and the profit trajectory is clearly improving.
The risks, catalysts, 12-month price target and the cited SEC figures behind this rating — with Pro.
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| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $2.01B | $2.01B | $3.08B | $3.27B | $3.62B |
| Gross profit | — | — | — | — | — |
| Operating income | $26.0M | -$43.0M | $662M | $713M | $975M |
| Net income | -$73.0M | -$264M | $575M | $418M | $726M |
| Diluted EPS | -$0.02 | -$0.08 | $0.18 | $0.13 | $0.23 |
| Net margin | -3.6% | -13.1% | 18.7% | 12.8% | 20.1% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
1074 tracked peers · median
Source: EODHD. Yield = trailing-12-month dividends ÷ price.
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.
| 2026-06-02 | Jin Hui Chief Executive Officer | Tax | 390K @ $44.37 | $17.3M |
| 2026-06-02 | Jin Hui Chief Executive Officer | Tax | 570K @ $44.37 | $25.3M |
| 2026-05-31 | Jin Hui Chief Executive Officer | Exercise | 950K | |
| 2026-05-31 | Jin Hui Chief Executive Officer | Exercise | 1.56M | |
| 2026-05-31 | JI QI Director | Exercise | 1.01M | |
| 2026-05-15 | Zheng Jie Director | Exercise | 308K | |
| 2026-03-27 | Jin Hui Chief Executive Officer | Tax | 31.2K @ $50.36 | $1.57M |
| 2026-03-26 | Jin Hui Chief Executive Officer | Exercise | 148K | |
| 2026-03-20 | Hee Theng Fong Director | Sell | 31.6K @ $50.96 | $1.61M |