Huazhu Group Ltd (HTHT) - Net Assets
Based on the latest financial reports, Huazhu Group Ltd (HTHT) has net assets worth $12.02 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($63.55 Billion) and total liabilities ($51.53 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Huazhu Group Ltd total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $12.02 Billion |
| % of Total Assets | 18.92% |
| Annual Growth Rate | 32.31% |
| 5-Year Change | 7.34% |
| 10-Year Change | 256.64% |
| Growth Volatility | 50.62 |
Huazhu Group Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Huazhu Group Ltd's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see Huazhu Group Ltd market cap and net worth.
Annual Net Assets for Huazhu Group Ltd (2007–2024)
The table below shows the annual net assets of Huazhu Group Ltd from 2007 to 2024. Explore Huazhu Group Ltd (HTHT) cash conversion ratio to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $12.27 Billion | +0.18% |
| 2023-12-31 | $12.25 Billion | +39.15% |
| 2022-12-31 | $8.80 Billion | -20.29% |
| 2021-12-31 | $11.04 Billion | -3.39% |
| 2020-12-31 | $11.43 Billion | +52.43% |
| 2019-12-31 | $7.50 Billion | +18.69% |
| 2018-12-31 | $6.32 Billion | -2.40% |
| 2017-12-31 | $6.47 Billion | +19.54% |
| 2016-12-31 | $5.42 Billion | +57.41% |
| 2015-12-31 | $3.44 Billion | +6.90% |
| 2014-12-31 | $3.22 Billion | +13.82% |
| 2013-12-31 | $2.83 Billion | +13.54% |
| 2012-12-31 | $2.49 Billion | +10.40% |
| 2011-12-31 | $2.26 Billion | +6.14% |
| 2010-12-31 | $2.13 Billion | +135.55% |
| 2009-12-31 | $902.26 Million | +3185.56% |
| 2008-12-31 | $-29.24 Million | -127.81% |
| 2007-12-31 | $105.15 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Huazhu Group Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 260083897500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.45 Billion | 20.11% |
| Other Comprehensive Income | $382.00 Million | 3.14% |
| Other Components | $9.35 Billion | 76.75% |
| Total Equity | $12.18 Billion | 100.00% |
Huazhu Group Ltd Competitors by Market Cap
The table below lists competitors of Huazhu Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ASSOC. BR. FOODS ADR 1
F:AFO2
|
$15.67 Billion |
|
BK OF IREL.UNSP.ADR/1 EO1
F:BIRB
|
$15.70 Billion |
|
SK Holdings Co Ltd
KO:034730
|
$15.70 Billion |
|
BANC.DE.SA.A ADR2/EO-125
F:BDS
|
$15.71 Billion |
|
Zhejiang Nhu Co Ltd
SHE:002001
|
$15.65 Billion |
|
W P Carey Inc
NYSE:WPC
|
$15.64 Billion |
|
Shenwan Hongyuan Group Co Ltd
SHE:000166
|
$15.63 Billion |
|
Sands China Ltd
F:599A
|
$15.62 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Huazhu Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,135,000,000 to 12,177,000,000, a change of 42,000,000 (0.3%).
- Net income of 3,048,000,000 contributed positively to equity growth.
- Dividend payments of 3,529,313,303 reduced retained earnings.
- Share repurchases of 1,172,000,000 reduced equity.
- Other comprehensive income decreased equity by 4,000,000.
- Other factors increased equity by 1,699,313,303.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.05 Billion | +25.03% |
| Dividends Paid | $3.53 Billion | -28.98% |
| Share Repurchases | $1.17 Billion | -9.62% |
| Other Comprehensive Income | $-4.00 Million | -0.03% |
| Other Changes | $1.70 Billion | +13.96% |
| Total Change | $- | 0.35% |
Book Value vs Market Value Analysis
This analysis compares Huazhu Group Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.37x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 67.22x to 1.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $0.76 | $50.92 | x |
| 2008-12-31 | $-0.22 | $50.92 | x |
| 2009-12-31 | $0.51 | $50.92 | x |
| 2010-12-31 | $9.02 | $50.92 | x |
| 2011-12-31 | $9.12 | $50.92 | x |
| 2012-12-31 | $9.98 | $50.92 | x |
| 2013-12-31 | $11.29 | $50.92 | x |
| 2014-12-31 | $12.72 | $50.92 | x |
| 2015-12-31 | $13.39 | $50.92 | x |
| 2016-12-31 | $19.09 | $50.92 | x |
| 2017-12-31 | $21.97 | $50.92 | x |
| 2018-12-31 | $20.34 | $50.92 | x |
| 2019-12-31 | $24.25 | $50.92 | x |
| 2020-12-31 | $38.70 | $50.92 | x |
| 2021-12-31 | $35.11 | $50.92 | x |
| 2022-12-31 | $28.06 | $50.92 | x |
| 2023-12-31 | $36.21 | $50.92 | x |
| 2024-12-31 | $37.14 | $50.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Huazhu Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 25.03%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.76%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 5.14x
- Recent ROE (25.03%) is above the historical average (4.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -108.56% | -47.44% | 0.28x | 8.13x | $-121.91 Million |
| 2008 | 0.00% | -17.82% | 0.53x | 0.00x | $-132.63 Million |
| 2009 | 45.22% | 3.38% | 0.80x | 16.80x | $33.14 Million |
| 2010 | 10.20% | 12.41% | 0.57x | 1.44x | $4.14 Million |
| 2011 | 5.11% | 5.10% | 0.64x | 1.57x | $-109.78 Million |
| 2012 | 7.09% | 5.42% | 0.74x | 1.76x | $-71.63 Million |
| 2013 | 9.94% | 6.71% | 0.80x | 1.84x | $-1.72 Million |
| 2014 | 9.55% | 6.19% | 0.80x | 1.92x | $-14.35 Million |
| 2015 | 12.73% | 7.56% | 0.75x | 2.24x | $93.59 Million |
| 2016 | 14.48% | 11.90% | 0.66x | 1.85x | $242.04 Million |
| 2017 | 19.07% | 14.92% | 0.47x | 2.71x | $584.13 Million |
| 2018 | 11.60% | 7.12% | 0.42x | 3.89x | $98.60 Million |
| 2019 | 23.97% | 15.78% | 0.21x | 7.18x | $1.03 Billion |
| 2020 | -18.29% | -20.33% | 0.15x | 5.81x | $-3.21 Billion |
| 2021 | -4.25% | -3.64% | 0.20x | 5.79x | $-1.56 Billion |
| 2022 | -20.77% | -13.08% | 0.23x | 7.05x | $-2.69 Billion |
| 2023 | 33.66% | 18.67% | 0.34x | 5.24x | $2.87 Billion |
| 2024 | 25.03% | 12.76% | 0.38x | 5.14x | $1.83 Billion |
Industry Comparison
This section compares Huazhu Group Ltd's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $442,219,484
- Average return on equity (ROE) among peers: 0.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Huazhu Group Ltd (HTHT) | $12.02 Billion | -108.56% | 4.29x | $15.67 Billion |
| Atour Lifestyle Holdings Limited American Depositary Shares (ATAT) | $1.19 Billion | 8.41% | 3.01x | $4.31 Billion |
| Choice Hotels International Inc (CHH) | $-113.80 Million | 0.00% | 0.00x | $4.63 Billion |
| Civeo Corp (CVEO) | $237.00 Million | -7.20% | 0.71x | $359.39 Million |
| GreenTree Hospitality Group Ltd (GHG) | $2.13 Billion | 4.16% | 1.22x | $82.78 Million |
| Hyatt Hotels Corporation (H) | $640.00 Million | 32.97% | 0.30x | $6.85 Billion |
| Hilton Worldwide Holdings Inc (HLT) | $-3.69 Billion | 0.00% | 0.00x | $72.90 Billion |
| The Intergroup Corporation (INTG) | $4.60 Million | -32.61% | 7.22x | $59.65 Million |
| Marriott International Inc (MAR) | $3.57 Billion | 7.75% | 1.32x | $83.82 Billion |
| Pharmhouse Corp (PHSE) | $6.47 Million | -5.32% | 0.02x | $63.79 Million |
About Huazhu Group Ltd
H World Group Limited develops leased and owned, manachised, and franchised hotels in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison H… Read more