Recent News
Dec 8, 2025 — Several outlets reported a consensus analyst recommendation of “Buy” across covering brokers. Dec 13–29, 2025 — multiple research notes and media items recorded rating moves and price-target updates, including at least one upgrade to “Buy” and later coverage noting mixed analyst actions. Dec 28, 2025 — an institutional filing showed Swedbank AB trimmed its position in H World Group. Dec 29, 2025 — market commentary highlighted HTHT’s strong 2025 performance versus peers and revised analyst outlooks. (All headlines dated on or after Nov 21, 2025.)
Technical Analysis
ADX sits at 22.1, indicating an emerging directional strength that supports the view of a developing trend rather than a fully established one; that emerging strength aligns with the near-term bullish bias implied by momentum indicators.
DI+ stands at 28.94 and shows an increasing trend, a bullish directional signal; DI- peaked and reversed at 17.28, which also registers as bullish under a peak-and-reverse interpretation for DI-.
MACD equals 1.24 with the MACD line above the signal line (signal = 0.92) and an increasing MACD trend; the cross and rising MACD indicate bullish momentum continuity for the immediate horizon.
MRO reads 31.97 and trends higher; the positive MRO indicates current price sits above the regression target, implying potential mean reversion pressure that could limit upside from current levels.
RSI at 60.81 and rising signals constructive momentum without reaching overbought territory; the indicator supports further upside but warns against extended short-term strength without volume confirmation.
Price action shows the close at $54.13 above the 12-day and 26-day EMAs (12-day EMA $52.30, 26-day EMA $50.95) and well above the 200-day average ($39.88); short-term averages trending up reinforce the momentum view.
Bollinger context places the close just below the 1× upper band ($54.18), indicating price trading near the short-term upside boundary; that positioning suggests limited immediate room before a consolidation or pullback if buying pressure fades.
Volume of 761,163 trails the 10‑day and 200‑day averages (≈1.93M and ≈1.76M), signaling lighter participation on recent moves—a cautionary input for the sustainability of the current advance.
Fundamental Analysis
Profitability: EBIT equals $2,229,000,000 and EBIT margin stands at 32.02%, above the industry peer mean of 26.54% and the industry peer median of 24.46%, reflecting superior operating profitability on a trailing basis. Operating margin at 29.42% and gross margin at 41.65% further corroborate robust margin structure.
Growth: Total revenue reached $6,961,000,000 with revenue growth year‑over‑year of 74.11% and a QoQ change of -56.43%, showing strong annual expansion but a large sequential swing; YoY revenue strength pairs with negative QoQ movement that requires monitoring for seasonality or one‑off effects.
Earnings and cash flow: Reported EPS equals $4.76, matching estimates with an EPS surprise of 0.1%. Net income totaled $1,469,000,000. Free cash flow amounts to $1,493,000,000 with a free-cash-flow yield of 1.26% and a free-cash-growth dynamic that skews negative on the most recent quarter-over-quarter measure.
Leverage and coverage: Total debt equals $37,161,000,000 producing a debt/EBITDA ratio of 14.58 and debt/equity of 312.80%; despite elevated leverage metrics, interest-coverage stands at 25.92, indicating ample ability to service interest expense from operating earnings.
Liquidity and balance-sheet posture: Cash and short-term investments total $13,156,000,000 and cash resources exceed short-term debt materially; current ratio and quick ratio around 0.85 show a working-capital structural shortfall versus a neutral 1.0 benchmark but cash holdings mitigate immediate liquidity risk.
Capital efficiency and returns: Return on equity measures 12.37%, above the industry peer mean of roughly 0.88% and far above the industry peer median (negative in the supplied peer set), showing above-average shareholder return generation on book capital. Asset turnover at 0.108 remains below the industry peer mean of 0.209, pointing to lower revenue per unit of asset base.
Valuation cross‑checks: Trailing PE sits at 8.09 while forward PE rises to 69.23, producing a wide gap between trailing and forward multiples; price/sales at 17.02 and an enterprise multiple of 55.93 further reflect elevated market-valuations relative to earnings and enterprise cash-flow metrics. The current valuation as determined by WMDST: over‑valued.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-09-30 |
| REPORT DATE: | 2025-11-17 |
| NEXT REPORT DATE: | 2026-02-16 |
| CASH FLOW | Begin Period Cash Flow | $ 10.5 B |
| Operating Cash Flow | $ 1.7 B | |
| Capital Expenditures | $ -204.00 M | |
| Change In Working Capital | $ -240.00 M | |
| Dividends Paid | $ -1.77 B | |
| Cash Flow Delta | $ -3.25 B | |
| End Period Cash Flow | $ 7.3 B | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 7.0 B | |
| Forward Revenue | $ 2.2 B | |
| COSTS | ||
| Cost Of Revenue | $ 4.1 B | |
| Depreciation | $ 319.0 M | |
| Depreciation and Amortization | $ 319.0 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 4.9 B | |
| PROFITABILITY | ||
| Gross Profit | $ 2.9 B | |
| EBITDA | $ 2.5 B | |
| EBIT | $ 2.2 B | |
| Operating Income | $ 2.0 B | |
| Interest Income | $ 60.0 M | |
| Interest Expense | $ 86.0 M | |
| Net Interest Income | $ -26.00 M | |
| Income Before Tax | $ 2.1 B | |
| Tax Provision | $ 648.0 M | |
| Tax Rate | 30.238 % | |
| Net Income | $ 1.5 B | |
| Net Income From Continuing Operations | $ 1.5 B | |
| EARNINGS | ||
| EPS Estimate | $ 4.76 | |
| EPS Actual | $ 4.76 | |
| EPS Difference | $ 0.00 | |
| EPS Surprise | 0.1 % | |
| Forward EPS | $ 0.60 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 63.6 B | |
| Intangible Assets | $ 10.7 B | |
| Net Tangible Assets | $ 1.2 B | |
| Total Current Assets | $ 15.5 B | |
| Cash and Short-Term Investments | $ 13.2 B | |
| Cash | $ 7.1 B | |
| Net Receivables | $ 972.0 M | |
| Inventory | $ 61.0 M | |
| Long-Term Investments | $ 1.6 B | |
| LIABILITIES | ||
| Accounts Payable | $ 915.0 M | |
| Short-Term Debt | $ 6.0 B | |
| Total Current Liabilities | $ 18.3 B | |
| Net Debt | — | |
| Total Debt | $ 37.2 B | |
| Total Liabilities | $ 51.5 B | |
| EQUITY | ||
| Total Equity | $ 11.9 B | |
| Retained Earnings | $ 2.4 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 3.86 | |
| Shares Outstanding | 3.077 B | |
| Revenue Per-Share | $ 2.26 | |
| VALUATION | Market Capitalization | $ 118.5 B |
| Enterprise Value | $ 142.5 B | |
| Enterprise Multiple | 55.927 | |
| Enterprise Multiple QoQ | 9.087 % | |
| Enterprise Multiple YoY | 12.493 % | |
| Enterprise Multiple IPRWA | high: 189.281 mean: 77.704 median: 68.864 HTHT: 55.927 low: -31.078 |
|
| EV/R | 20.472 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 5.349 | |
| Asset To Liability | 1.233 | |
| Debt To Capital | 0.758 | |
| Debt To Assets | 0.585 | |
| Debt To Assets QoQ | 0.29 % | |
| Debt To Assets YoY | 3966.273 % | |
| Debt To Assets IPRWA | high: 1.606 median: 0.734 mean: 0.718 HTHT: 0.585 low: 0.003 |
|
| Debt To Equity | 3.128 | |
| Debt To Equity QoQ | 0.651 % | |
| Debt To Equity YoY | 4154.665 % | |
| Debt To Equity IPRWA | high: 13.542 HTHT: 3.128 mean: -0.337 median: -1.275 low: -13.223 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 9.975 | |
| Price To Book QoQ | 15.781 % | |
| Price To Book YoY | 10.108 % | |
| Price To Book IPRWA | high: 22.128 HTHT: 9.975 median: 0.913 mean: -0.955 low: -22.92 |
|
| Price To Earnings (P/E) | 8.091 | |
| Price To Earnings QoQ | 2.706 % | |
| Price To Earnings YoY | -76.239 % | |
| Price To Earnings IPRWA | high: 357.224 mean: 104.776 median: 93.318 HTHT: 8.091 low: -85.409 |
|
| PE/G Ratio | 0.66 | |
| Price To Sales (P/S) | 17.023 | |
| Price To Sales QoQ | 4.482 % | |
| Price To Sales YoY | -0.218 % | |
| Price To Sales IPRWA | high: 30.539 median: 18.759 mean: 17.558 HTHT: 17.023 low: 0.325 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 69.233 | |
| Forward PE/G | 5.645 | |
| Forward P/S | 63.437 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 0.054 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.108 | |
| Asset Turnover Ratio QoQ | 6.645 % | |
| Asset Turnover Ratio YoY | 4.831 % | |
| Asset Turnover Ratio IPRWA | high: 0.723 mean: 0.209 median: 0.165 HTHT: 0.108 low: 0.056 |
|
| Receivables Turnover | 7.658 | |
| Receivables Turnover Ratio QoQ | 1.295 % | |
| Receivables Turnover Ratio YoY | 1.221 % | |
| Receivables Turnover Ratio IPRWA | high: 44.676 mean: 9.56 HTHT: 7.658 median: 2.76 low: 1.042 |
|
| Inventory Turnover | 66.049 | |
| Inventory Turnover Ratio QoQ | 5.622 % | |
| Inventory Turnover Ratio YoY | 7.792 % | |
| Inventory Turnover Ratio IPRWA | HTHT: 66.049 high: 62.262 median: 36.65 mean: 32.856 low: 0.468 |
|
| Days Sales Outstanding (DSO) | 11.916 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | -7.942 | |
| Cash Conversion Cycle Days QoQ | 3.595 % | |
| Cash Conversion Cycle Days YoY | -16.811 % | |
| Cash Conversion Cycle Days IPRWA | high: 77.037 mean: 4.232 median: 4.037 HTHT: -7.942 low: -73.834 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | -2.506 | |
| CapEx To Revenue | -0.029 | |
| CapEx To Depreciation | -0.639 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 12.6 B | |
| Net Invested Capital | $ 18.6 B | |
| Invested Capital | $ 18.6 B | |
| Net Tangible Assets | $ 1.2 B | |
| Net Working Capital | $ -2.78 B | |
| LIQUIDITY | ||
| Cash Ratio | 0.719 | |
| Current Ratio | 0.848 | |
| Current Ratio QoQ | 4.919 % | |
| Current Ratio YoY | -3.286 % | |
| Current Ratio IPRWA | high: 3.125 mean: 1.013 median: 1.0 HTHT: 0.848 low: 0.031 |
|
| Quick Ratio | 0.845 | |
| Quick Ratio QoQ | 4.922 % | |
| Quick Ratio YoY | -3.107 % | |
| Quick Ratio IPRWA | high: 3.071 median: 0.991 mean: 0.946 HTHT: 0.845 low: 0.027 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 14.584 | |
| Cost Of Debt | 0.16 % | |
| Interest Coverage Ratio | 25.919 | |
| Interest Coverage Ratio QoQ | 6.291 % | |
| Interest Coverage Ratio YoY | 14.763 % | |
| Interest Coverage Ratio IPRWA | high: 37.175 HTHT: 25.919 mean: 5.749 median: 5.363 low: -5.084 |
|
| Operating Cash Flow Ratio | 0.095 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 21.353 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 0.829 | |
| Dividend Payout Ratio | 1.206 | |
| Dividend Rate | $ 0.58 | |
| Dividend Yield | 0.015 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | -1.894 % | |
| Revenue Growth | 8.326 % | |
| Revenue Growth QoQ | -56.431 % | |
| Revenue Growth YoY | 74.111 % | |
| Revenue Growth IPRWA | high: 15.034 % HTHT: 8.326 % median: 1.195 % mean: 1.054 % low: -13.106 % |
|
| Earnings Growth | 12.264 % | |
| Earnings Growth QoQ | -82.719 % | |
| Earnings Growth YoY | -116.696 % | |
| Earnings Growth IPRWA | high: 114.563 % HTHT: 12.264 % mean: 5.168 % median: 0.94 % low: -175.0 % |
|
| MARGINS | ||
| Gross Margin | 41.646 % | |
| Gross Margin QoQ | 0.082 % | |
| Gross Margin YoY | 1.506 % | |
| Gross Margin IPRWA | high: 86.593 % mean: 42.235 % HTHT: 41.646 % median: 40.094 % low: 8.241 % |
|
| EBIT Margin | 32.021 % | |
| EBIT Margin QoQ | -7.272 % | |
| EBIT Margin YoY | 18.618 % | |
| EBIT Margin IPRWA | high: 52.4 % HTHT: 32.021 % mean: 26.542 % median: 24.455 % low: -25.213 % |
|
| Return On Sales (ROS) | 29.421 % | |
| Return On Sales QoQ | 5.797 % | |
| Return On Sales YoY | 8.987 % | |
| Return On Sales IPRWA | high: 47.382 % HTHT: 29.421 % mean: 27.167 % median: 24.789 % low: -27.119 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 1.5 B | |
| Free Cash Flow Yield | 1.26 % | |
| Free Cash Flow Yield QoQ | -46.588 % | |
| Free Cash Flow Yield YoY | -6.667 % | |
| Free Cash Flow Yield IPRWA | high: 10.115 % mean: 1.377 % HTHT: 1.26 % median: 1.118 % low: -12.37 % |
|
| Free Cash Growth | -39.555 % | |
| Free Cash Growth QoQ | -106.314 % | |
| Free Cash Growth YoY | 46.668 % | |
| Free Cash Growth IPRWA | high: 271.747 % mean: 51.699 % median: 29.31 % HTHT: -39.555 % low: -516.758 % |
|
| Free Cash To Net Income | 1.016 | |
| Cash Flow Margin | 24.953 % | |
| Cash Flow To Earnings | 1.182 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.03 | |
| Return On Assets (ROA) | 2.289 % | |
| Return On Assets QoQ | -6.342 % | |
| Return On Assets YoY | 11.932 % | |
| Return On Assets IPRWA | high: 8.233 % mean: 2.997 % median: 2.639 % HTHT: 2.289 % low: -8.455 % |
|
| Return On Capital Employed (ROCE) | 4.926 % | |
| Return On Equity (ROE) | 0.124 | |
| Return On Equity QoQ | -2.676 % | |
| Return On Equity YoY | 17.84 % | |
| Return On Equity IPRWA | high: 0.405 HTHT: 0.124 mean: 0.009 median: -0.016 low: -0.352 |
|
| DuPont ROE | 12.225 % | |
| Return On Invested Capital (ROIC) | 8.375 % | |
| Return On Invested Capital QoQ | 0.528 % | |
| Return On Invested Capital YoY | -144.336 % | |
| Return On Invested Capital IPRWA | high: 14.004 % HTHT: 8.375 % mean: 6.734 % median: 6.625 % low: -1.956 % |
|