HTHT Earnings Prediction
The chart below shows how HTHT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, HTHT sees a +1.34% change in stock price 10 days leading up to the earnings, and a +1.12% change 10 days following the report. On the earnings day itself, the stock moves by -1.30%. This data can give you a slight idea of what to expect for the next quarter's release.
HTHT Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
899.40M
3.61%
5.93%
Gross Margin
41.03%
-3.55%
4.38%
Operating Margin
26.75%
-11.89%
4.61%
Net Margin
20.06%
-6.70%
13.98%
EPS
0.05
-16.67%
0.00%
No Data Available
HTHT Earnings Analysis
H World Group Limited American Depositary Shares Corporation (HTHT.O) Earnings Conference Call
Positive
Room Count Increase: In the third quarter of 2024, the overall number of rooms increased 20% Y-o-Y to close to 1.1 million compared with 886,000 rooms a year ago.
Q3 2024 Turnover Growth: Total turnover for the third quarter of 2024 was RMB 26 billion, representing an 11% Y-o-Y increase, of which Legacy-Huazhu's hotel turnover grew 11% Y-o-Y to RMB 24 billion, and the Legacy base DH turnover grew 8% Y-o-Y to RMB 2.1 billion.
Hotel Revenue Increase: In the third quarter of 2024, our hotel revenue for the group increased 2.4% Y-o-Y to RMB 6.4 billion, in line with our guidance.
Hotel Segment Expansion: As of the end of the third quarter, the number of up-mid segment hotels in operation exceeded 800, up 33% year-over-year, and the number of hotels in the pipeline reached 487, up 36% year-over-year.
Strong Cash Position: As of the end of September 2024, the group had RMB 9.3 billion cash, cash equivalent, restricted cash and time deposits and was in a solid net cash position of RMB 4 billion, including time deposits.
Negative
RevPAR and ADR Decline: In the third quarter of 2024, Legacy-Huazhu's RevPAR decreased 8.1% year-over-year to RMB 256, with ADR down 7% year-over-year to RMB 301 from high base last year.
Occupancy Rate Stability: Despite our rapid hotel network expansion, our occupancy rates still maintained at a healthy 84.9%, declined only marginally by 1 percentage point.
Hotel Closures Update: In the third quarter, we closed 217 hotels excluding the low-quality soft economy brand and Hanting 1.0 version, we closed 123 hotels.
Hotel Pipeline Update: As of the end of the third quarter, the number of hotels in the pipeline decreased slightly year-over-year and quarter-over-quarter to 2,899 mainly due to the rapid opening pace in the third quarter as well as the cleanup some of the pipelines.
EBITDA Decline Year-Over-Year: In the third quarter, our adjusted EBITDA decreased 9.5% year-over-year to RMB 2.1 billion.
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HTHT Earning Call Sentiment
H World Group Limited (HTHT) Q3 2024 Earnings Call Transcript
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00:00
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HTHT.O
1.2%Positive
The earnings call presents a mixed picture. While there are positive elements like the increase in total turnover and shareholder returns, there are significant challenges such as declining RevPAR, restructuring costs, and economic factors affecting profitability. The Q&A section reveals concerns about RevPAR trends and operational adjustments, but management's optimistic guidance on future growth and strategic shifts provide a balanced outlook. The overall sentiment is neutral, as the positive shareholder return plan and optimistic long-term guidance offset the short-term financial challenges and risks.
