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SCHEDULE I FINANCIAL INFORMATION FOR PARENT COMPANY | 12 Months Ended
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Dec. 31, 2023
SCHEDULE I FINANCIAL INFORMATION FOR PARENT COMPANY |
SCHEDULE I FINANCIAL INFORMATION FOR PARENT COMPANY | ADDITIONAL FINANCIAL INFORMATION — FINANCIAL STATEMENTS SCHEDULE I H WORLD GROUP LIMITED FINANCIAL INFORMATION FOR PARENT COMPANY BALANCE SHEETS (Renminbi in millions, except share and per share data, unless otherwise stated) ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ |  | 2022 |  | 2023 |  | 2023
​ | ​ | ​ | ​ | ​ | ​ | US$’ in millions
​ | ​ | ​ | ​ | ​ | ​ | (Note 2)
Assets | ​ | ​ | ​ | ​ | ​ | ​
Current assets: | ​ | ​ | ​ | ​ | ​ | ​
Cash and cash equivalents |  | 1,204 |  | 4,382 |  | 617
Short-term investments |  | 87 |  | 576 |  | 81
Other current assets |  | 8 |  | 24 |  | 3
Total current assets |  | 1,299 |  | 4,982 |  | 701
Investment in and amount due from subsidiaries |  | 12,390 |  | 15,760 |  | 2,220
Total assets |  | 13,689 |  | 20,742 |  | 2,921
Liabilities and equity | ​ | ​ | ​ | ​ | ​ | ​
Current liabilities: | ​ | ​ | ​ | ​ | ​ | ​
Short-term debt |  | 453 |  | 3,537 |  | 498
Dividends payable |  | — |  | 2,085 |  | 294
Amount due to subsidiaries |  | 858 |  | 2,897 |  | 408
Accrued expenses and other current liabilities |  | 181 |  | 88 |  | 12
Total current liabilities |  | 1,492 |  | 8,607 |  | 1,212
Long-term debt |  | 3,463 |  | — |  | —
Other non-current liabilities | ​ | 5 | ​ | — | ​ | —
Total liabilities |  | 4,960 |  | 8,607 |  | 1,212
Equity: | ​ | ​ | ​ | ​ | ​ | ​
Ordinary shares (US$0.00001 par value per share; 80,000,000,000 shares authorized; 3,265,433,590 and 3,210,392,530 shares issued as of December 31, 2022 and 2023, and 3,112,413,730 and 3,159,046,350 shares outstanding as of December 31, 2022 and 2023, respectively) |  | 0 |  | 0 |  | 0
Treasury shares (153,019,860 and 51,346,180 shares as of December 31, 2022 and 2023, respectively) |  | (441) |  | (906) |  | (128)
Additional paid-in capital |  | 10,138 |  | 11,861 |  | 1,671
Retained earnings |  | (1,200) |  | 794 |  | 112
Accumulated other comprehensive income |  | 232 |  | 386 |  | 54
Total equity |  | 8,729 |  | 12,135 |  | 1,709
Total liabilities and equity |  | 13,689 |  | 20,742 |  | 2,921
​ ​ ADDITIONAL FINANCIAL INFORMATION — FINANCIAL STATEMENTS SCHEDULE I H WORLD GROUP LIMITED FINANCIAL INFORMATION FOR PARENT COMPANY STATEMENTS OF COMPREHENSIVE INCOME (Renminbi in millions, unless otherwise stated) ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years Ended December 31,
​ |  | 2021 |  | 2022 |  | 2023 |  | 2023
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | US$’ in millions
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (Note 2)
Operating costs and expenses: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
General and administrative expenses |  | 110 |  | 93 |  | 154 |  | 22
Total operating costs and expenses |  | 110 |  | 93 |  | 154 |  | 22
Loss from operations |  | (110) |  | (93) |  | (154) |  | (22)
Interest income |  | 8 |  | 15 |  | 69 |  | 10
Interest expense |  | 128 |  | 130 |  | 122 |  | 17
Foreign exchange loss |  | (3) |  | (223) |  | (108) |  | (16)
Other income, net |  | 15 |  | 6 |  | 61 |  | 9
Loss from fair value changes of equity securities, net |  | (2) |  | (1) |  | (15) |  | (2)
(Loss) income in investment in subsidiaries |  | (245) |  | (1,395) |  | 4,354 |  | 613
Net (loss) income attributable to H World Group Limited |  | (465) |  | (1,821) |  | 4,085 |  | 575
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Other comprehensive (loss) income, net of tax |  | (86) |  | 191 |  | 154 |  | 22
Comprehensive (loss) income |  | (551) |  | (1,630) |  | 4,239 |  | 597
​ ​ ADDITIONAL FINANCIAL INFORMATION — FINANCIAL STATEMENTS SCHEDULE I H WORLD GROUP LIMITED FINANCIAL INFORMATION FOR PARENT COMPANY CONDENSED STATEMENTS OF CASH FLOWS (Renminbi in millions, unless otherwise stated) ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years Ended December 31,
​ |  | 2021 |  | 2022 |  | 2023 |  | 2023
​ | ​ | ​ | ​ | ​ | ​ | ​ |  | US$’ in millions
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (Note 2)
Net cash provided by (used in) operating activities |  | 9 |  | (136) |  | (133) |  | (21)
Investing activities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Loans to subsidiaries |  | (1,050) |  | (750) |  | (987) |  | (139)
Repayment of loans by subsidiaries |  | — |  | 4,165 |  | 2,061 |  | 290
Purchase of investments |  | (34) |  | — |  | (803) |  | (113)
Proceeds from maturity/sale of investments |  | — |  | — |  | 301 |  | 42
Net cash (used in) provided by investing activities |  | (1,084) |  | 3,415 |  | 572 |  | 80
Financing activities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Proceeds from issuance of ordinary shares in Hong Kong public offering | ​ | — | ​ | — | ​ | 1,973 | ​ | 278
Proceeds from termination of Capped Call | ​ | — | ​ | 86 | ​ | — | ​ | —
Payment of ordinary share issuance costs | ​ | (15) | ​ | (0) | ​ | (9) | ​ | (1)
Net settlement on shares repurchased for withholding taxes related to share-based awards | ​ | 50 | ​ | — | ​ | — | ​ | —
Payment of repurchases of ordinary shares | ​ | (0) | ​ | (334) | ​ | (848) | ​ | (119)
Loans from subsidiaries | ​ | — | ​ | 798 | ​ | 2,574 | ​ | 364
Repayment of loans from subsidiaries | ​ | — | ​ | — | ​ | (540) | ​ | (76)
Net proceeds from issuance of ordinary shares upon exercise of option |  | 1 |  | — |  | — |  | —
Proceeds from short-term bank borrowings |  | — |  | 453 |  | — |  | —
Repayment of short-term bank borrowings |  | — | ​ | — | ​ | (439) | ​ | (62)
Repayment of convertible senior notes | ​ | (0) | ​ | (3,406) | ​ | (0) | ​ | (0)
Dividends paid |  | — |  | (416) |  | — |  | —
Net cash provided by (used in) financing activities |  | 36 |  | (2,819) |  | 2,711 |  | 384
Effect of exchange rate changes on cash and cash equivalents |  | (272) |  | 163 |  | 28 |  | 4
Net (decrease) increase in cash and cash equivalents |  | (1,311) |  | 623 |  | 3,178 |  | 447
Cash, cash equivalents at the beginning of the year |  | 1,892 |  | 581 |  | 1,204 |  | 170
Cash, cash equivalents at the end of the year |  | 581 |  | 1,204 |  | 4,382 |  | 617
​ The accompanying notes are an integral part of these consolidated financial statements ​ ADDITIONAL FINANCIAL INFORMATION — FINANCIAL STATEMENTS SCHEDULE I H WORLD GROUP LIMITED FINANCIAL INFORMATION FOR PARENT COMPANY Note to Schedule I Schedule I has been provided pursuant to the requirements of Rule 12-04(a) and 5-04-(c) of Regulation S-X, which require condensed financial information as to the financial position, change in financial position and results of operations of a parent company as of the same dates and for the same periods for which audited consolidated financial statements have been presented when the restricted net assets of consolidated subsidiaries exceed 25 percent of consolidated net assets as of the end of the most recently completed fiscal year. The condensed financial information has been prepared using the same accounting policies as set out in the accompanying consolidated financial statements except that the equity method has been used to account for investments in its subsidiaries. Such investments in subsidiaries are presented on the balance sheets as investment in subsidiaries and the profit of the subsidiaries is presented as income in investment in subsidiaries. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. The footnote disclosures contain supplemental information relating to the operations of the Company and, as such, these statements should be read in conjunction with the notes to the accompanying consolidated financial statements. As of December 31, 2023, there are no material contingencies, mandatory dividend, and significant provision of long-term obligation or guarantee of the Company, except for those which have separately disclosed in the consolidated financial statements.

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 205 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04(Schedule I)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480922/205-10-S99-6 Reference 3: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481231/810-10-45-11 + Details
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