XML 38 R23.htm IDEA: XBRL DOCUMENT v3.23.1
SEGMENT
 12 Months Ended
Dec. 31, 2022
SEGMENT  
SEGMENT

15. SEGMENT

The Group’s chief operating decision maker (“CODM”) has been identified as the chief executive officer. CODM regularly reviews the operating data, EBITDA, which is defined as earnings before interest income, interest expense, income tax expense (benefit) and depreciation and amortization. Therefore, in January 2020, the Group modified its operating segment structure to be two operating segments which are legacy Huazhu and legacy DH as a result of a change in the way management intends to evaluate results and allocate resources within the Group. In identifying its reportable segments, the Group assesses nature of operating segments and evaluates the operating results of each reporting segments. Both operating segments meet the quantitative thresholds and should be considered as two reportable segments.

The following table provides a summary of the Group’s operating segment results for the years ended December 31, 2021 and 2022. The Group presents segment information after elimination of intercompany transactions.

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Years Ended December 31,

​

​

2020

​

2021

​

2022

​

    

Legacy Huazhu

    

Legacy DH

    

Total

    

Legacy Huazhu

    

Legacy DH

    

Total

    

Legacy Huazhu

    

Legacy DH

    

Total

Total revenues

 

8,664

    

1,532

 

10,196

 

11,247

 

1,538

   

12,785

 

10,655

 

3,207

 

13,862

EBITDA

​

736

​

(1,367)

​

(631)

​

1,827

​

(461)

​

1,366

​

282

​

(118)

​

164

Interest income

 

​

​

​

 

119

 

​

 

​

​

89

 

​

 

​

 

87

Interest expense

 

​

​

​

 

533

 

​

 

​

​

405

 

​

 

​

 

409

Income tax expense (benefit)

 

​

​

​

 

(215)

 

​

 

​

​

12

 

​

 

​

 

207

Depreciation and amortization

 

​

​

​

 

1,362

 

​

 

​

​

1,503

 

​

 

​

 

1,456

Net (loss) income attributable to H World Group Limited

 

​

​

​

​

(2,192)

​

​

​

​

​

(465)

​

​

​

​

​

(1,821)

​

The following table presents total assets for operating segments, reconciled to consolidated amounts:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

As of December 31,

​

​

2021

​

2022

​

    

Legacy Huazhu

    

Legacy DH

    

Total

    

Legacy Huazhu

    

Legacy DH

    

Total

Total assets

    

45,353

 

17,916

 

63,269

 

43,729

 

17,778

 

61,507

​

The following tables represent revenues and property and equipment, net, intangible assets, net, right-of-use assets, land use rights, net and goodwill by geographical region.

Revenues:

​

​

​

​

​

​

​

Years Ended December 31,

​

    

2021

    

2022

China

 

11,231

 

10,637

Germany

 

1,263

 

2,458

All others

 

291

 

767

Total

 

12,785

 

13,862

​

Property and equipment, net, intangible assets, net, right-of-use assets, land use rights, net and goodwill:

​

​

​

​

​

​

​

As of December 31,

​

    

2021

    

2022

China

    

33,143

    

31,684

Germany

 

13,884

 

13,501

All others

 

2,929

 

3,288

Total

 

49,956

 

48,473

​

Other than China and Germany, there were no countries that individually represented more than 10% of the total revenue and certain long lived assets for the years ended and as of December 31, 2021 and 2022.