Yum China Holdings Inc - Understand $yumc stock

$YUMC Market Cap: $13.34 Billion

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Financial Snapshot

Revenue

$11.04B

TTM

Gross Margin

41.62%

TTM

Net Earnings

$840.0M

TTM

Current Assets

$3.281B

Q2 2024

Current Liabilities

$2.678B

Q2 2024

Current Ratio

122.52%

Q2 2024

Total Assets

$11.57B

Q2 2024

Total Liabilities

$5.086B

Q2 2024

Book Value

$6.482B

Q2 2024

Cash

$1.043B

Q2 2024

P/E

15.88

Sep 18, 2024 EST

Free Cash Flow

$656.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$10.98B	$9.569B	$9.853B	$8.263B	$8.776B	$8.415B	$7.769B	$6.752B	$6.909B	$6.934B	$6.905B	$6.898B	$5.566B
YoY Change	14.72%	-2.88%	19.24%	-5.85%	4.29%	8.32%	15.06%	-2.27%	-0.36%	0.42%	0.1%	23.93%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$10.98B	$9.569B	$9.853B	$8.263B	$8.776B	$8.415B	$7.769B	$6.752B	$6.909B	$6.934B	$6.905B	$6.898B	$5.566B
Cost Of Revenue	$6.305B	$5.504B	$5.719B	$4.705B	$4.931B	$4.635B	$5.829B	$5.610B	$5.931B	$6.029B	$3.618B	$3.571B	$2.837B
Gross Profit	$4.673B	$4.065B	$4.134B	$3.558B	$3.845B	$3.780B	$1.940B	$1.142B	$978.0M	$905.0M	$3.287B	$3.327B	$2.729B
Gross Profit Margin	42.57%	42.48%	41.96%	43.06%	43.81%	44.92%	24.97%	16.91%	14.16%	13.05%	47.6%	48.23%	49.03%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Selling, General & Admin	$3.390B	$3.194B	$3.225B	$2.703B	$2.859B	$2.850B	$2.740B	$2.688B	$2.781B	$2.804B	$2.703B	$2.546B	$2.025B
YoY Change	6.14%	-0.96%	19.31%	-5.46%	0.32%	4.01%	1.93%	-3.34%	-0.82%	3.74%	6.17%	25.73%
% of Gross Profit	72.54%	78.57%	78.01%	75.97%	74.36%	75.4%	141.24%	235.38%	284.36%	309.83%	82.23%	76.53%	74.2%
Research & Development	$6.000M	$6.000M	$6.000M	$3.000M	$4.000M	$4.000M	$5.000M	$5.000M	$5.000M	$5.000M
YoY Change	0.0%	0.0%	100.0%	-25.0%	0.0%	-20.0%	0.0%	0.0%	0.0%
% of Gross Profit	0.13%	0.15%	0.15%	0.08%	0.1%	0.11%	0.26%	0.44%	0.51%	0.55%
Depreciation & Amortization	$453.0M	$602.0M	$516.0M	$450.0M	$428.0M	$445.0M	$409.0M	$402.0M	$425.0M	$411.0M	$394.0M
YoY Change	-24.75%	16.67%	14.67%	5.14%	-3.82%	8.8%	1.74%	-5.41%	3.41%	4.31%
% of Gross Profit	9.69%	14.81%	12.48%	12.65%	11.13%	11.77%	21.08%	35.2%	43.46%	45.41%	11.99%
Operating Expenses	$3.538B	$6.000M	$6.000M	$3.000M	$4.000M	$4.000M	$5.000M	$5.000M	$5.000M	$5.000M	$2.763B	$2.489B	$2.026B
YoY Change	58866.67%	0.0%	100.0%	-25.0%	0.0%	-20.0%	0.0%	0.0%	0.0%	-99.82%	11.01%	22.85%
Operating Profit	$1.135B	$629.0M	$1.386B	$961.0M	$901.0M	$941.0M	$778.0M	$634.0M	$488.0M	$3.000M	$524.0M	$838.0M	$703.0M
YoY Change	80.45%	-54.62%	44.22%	6.66%	-4.25%	20.95%	22.71%	29.92%	16166.67%	-99.43%	-37.47%	19.2%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Interest Expense	$120.0M	$61.00M	$64.00M	$196.0M	$162.0M	$63.00M	$89.00M	$71.00M	$44.00M	$40.00M	$30.00M	$8.000M	$9.000M
YoY Change	96.72%	-4.69%	-67.35%	20.99%	157.14%	-29.21%	25.35%	61.36%	10.0%	33.33%	275.0%	-11.11%
% of Operating Profit	10.57%	9.7%	4.62%	20.4%	17.98%	6.7%	11.44%	11.2%	9.02%	1333.33%	5.73%	0.95%	1.28%
Other Income/Expense, Net	-$2.000M	-$97.00M	-$43.00M		$0.00	$0.00	$0.00	$21.00M
YoY Change	-97.94%	125.58%					-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Pretax Income	$1.226B	$687.0M	$1.392B	$1.108B	$1.003B	$950.0M	$803.0M	$666.0M	$496.0M	$17.00M	$234.0M	$854.0M	$714.0M
YoY Change	78.46%	-50.65%	25.63%	10.47%	5.58%	18.31%	20.57%	34.27%	2817.65%	-92.74%	-72.6%	19.61%
Income Tax	$329.0M	$207.0M	$369.0M	$295.0M	$260.0M	$214.0M	$379.0M	$156.0M	$168.0M	$54.00M	$135.0M	$181.0M	$169.0M
% Of Pretax Income	26.84%	30.13%	26.51%	26.62%	25.92%	22.53%	47.2%	23.42%	33.87%	317.65%	57.69%	21.19%	23.67%
Net Earnings	$827.0M	$442.0M	$990.0M	$784.0M	$713.0M	$708.0M	$398.0M	$498.0M	$323.0M	-$7.000M	$126.0M	$662.0M	$529.0M
YoY Change	87.1%	-55.35%	26.28%	9.96%	0.71%	77.89%	-20.08%	54.18%	-4714.29%	-105.56%	-80.97%	25.14%
Net Earnings / Revenue	7.53%	4.62%	10.05%	9.49%	8.12%	8.41%	5.12%	7.38%	4.68%	-0.1%	1.82%	9.6%	9.5%
Basic Earnings Per Share	$1.99	$1.05	$2.34	$2.01	$1.89	$1.84	$1.03	$1.35	$0.89	-$0.02
Diluted Earnings Per Share	$1.97	$1.04	$2.28	$1.95	$1.84	$1.79	$1.00	$1.35	$0.89	-$0.02	$328.9K	$1.728M	$1.381M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Cash & Short-Term Investments	$2.600B	$3.152B	$3.996B	$4.263B	$1.657B	$1.388B	$1.264B	$964.0M	$425.0M	$238.0M
YoY Change	-17.51%	-21.12%	-6.26%	157.27%	19.38%	9.81%	31.12%	126.82%	78.57%
Cash & Equivalents	$1.128B	$1.130B	$1.136B	$1.158B	$1.046B	$1.266B	$1.059B	$885.0M	$425.0M	$238.0M
Short-Term Investments	$1.472B	$2.022B	$2.860B	$3.105B	$611.0M	$122.0M	$205.0M	$79.00M
Other Short-Term Assets	$339.0M	$166.0M	$176.0M	$129.0M	$93.00M	$128.0M	$122.0M	$120.0M	$109.0M	$90.00M
YoY Change	104.22%	-5.68%	36.43%	38.71%	-27.34%	4.92%	1.67%	10.09%	21.11%
Inventory	$424.0M	$417.0M	$432.0M	$398.0M	$380.0M	$307.0M	$297.0M	$268.0M	$189.0M	$260.0M
Prepaid Expenses
Receivables	$68.00M	$64.00M	$67.00M	$99.00M	$88.00M	$80.00M	$79.00M	$74.00M	$76.00M	$60.00M
Other Receivables	$0.00	$141.0M	$45.00M	$47.00M	$41.00M	$49.00M	$40.00M	$0.00	$0.00	$0.00
Total Short-Term Assets	$3.431B	$3.940B	$4.716B	$4.936B	$2.259B	$1.952B	$1.802B	$1.426B	$799.0M	$648.0M
YoY Change	-12.92%	-16.45%	-4.46%	118.5%	15.73%	8.32%	26.37%	78.47%	23.3%
Property, Plant & Equipment	$4.527B	$4.337B	$4.863B	$3.929B	$3.579B	$1.615B	$1.691B	$1.647B	$1.841B	$2.001B
YoY Change	4.38%	-10.82%	23.77%	9.78%	121.61%	-4.49%	2.67%	-10.54%	-8.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.597B	$1.131B	$515.0M	$85.00M	$89.00M	$81.00M	$95.00M	$71.00M	$61.00M	$52.00M
YoY Change	41.2%	119.61%	505.88%	-4.49%	9.88%	-14.74%	33.8%	16.39%	17.31%
Other Assets	$394.0M	$143.0M	$165.0M	$577.0M	$432.0M	$354.0M	$314.0M	$416.0M	$308.0M	$340.0M
YoY Change	175.52%	-13.33%	-71.4%	33.56%	22.03%	12.74%	-24.52%	35.06%	-9.41%
Total Long-Term Assets	$8.600B	$7.886B	$8.507B	$5.939B	$4.691B	$2.658B	$2.485B	$2.301B	$2.402B	$2.609B
YoY Change	9.05%	-7.3%	43.24%	26.6%	76.49%	6.96%	8.0%	-4.2%	-7.93%
Total Assets	$12.03B	$11.83B	$13.22B	$10.88B	$6.950B	$4.610B	$4.287B	$3.727B	$3.201B	$3.257B
YoY Change
Accounts Payable	$2.164B	$727.0M	$830.0M	$708.0M	$623.0M	$619.0M	$420.0M	$480.0M	$454.0M	$501.0M
YoY Change	197.66%	-12.41%	17.23%	13.64%	0.65%	47.38%	-12.5%	5.73%	-9.38%
Accrued Expenses	$1.002B	$986.0M	$1.131B	$962.0M	$819.0M	$369.0M	$389.0M	$337.0M	$350.0M	$415.0M
YoY Change	1.62%	-12.82%	17.57%	17.46%	121.95%	-5.14%	15.43%	-3.71%	-15.66%
Deferred Revenue
YoY Change
Short-Term Debt	$168.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$5.000M	$5.000M	$3.000M	$2.000M	$2.000M			$1.000M	$1.000M	$2.000M
YoY Change	0.0%	66.67%	50.0%	0.0%				0.0%	-50.0%
Total Short-Term Liabilities	$2.422B	$2.166B	$2.383B	$2.067B	$1.736B	$1.253B	$1.024B	$1.004B	$948.0M	$1.040B
YoY Change	11.82%	-9.11%	15.29%	19.07%	38.55%	22.36%	1.99%	5.91%	-8.85%
Long-Term Debt	$44.00M	$42.00M	$40.00M	$28.00M	$26.00M	$25.00M	$28.00M	$28.00M	$34.00M	$34.00M
YoY Change	4.76%	5.0%	42.86%	7.69%	4.0%	-10.71%	0.0%	-17.65%	0.0%
Other Long-Term Liabilities	$2.056B	$2.068B	$2.453B	$2.082B	$1.946B	$290.0M	$356.0M	$252.0M	$234.0M	$229.0M
YoY Change	-0.58%	-15.7%	17.82%	6.99%	571.03%	-18.54%	41.27%	7.69%	2.18%
Total Long-Term Liabilities	$2.100B	$2.110B	$2.493B	$2.110B	$1.972B	$315.0M	$384.0M	$280.0M	$268.0M	$263.0M
YoY Change	-0.47%	-15.36%	18.15%	7.0%	526.03%	-17.97%	37.14%	4.48%	1.9%
Total Liabilities	$5.626B	$5.344B	$6.167B	$4.669B	$3.873B	$1.737B	$1.522B	$1.350B	$1.280B	$1.369B
YoY Change	5.28%	-13.35%	32.08%	20.55%	122.97%	14.13%	12.74%	5.47%	-6.5%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Basic Shares Outstanding	416.0M	421.0M	422.0M	390.0M	377.0M	384.0M	387.0M	368.0M	363.8M	363.8B
Diluted Shares Outstanding	420.0M	425.0M	434.0M	402.0M	388.0M	395.0M	398.0M	369.0M	363.8M	363.8B
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $13.338 Billion

About Yum China Holdings Inc

Yum China Holdings, Inc. engages in the business of franchising and owning entities that own and operate restaurants. The company is headquartered in Shanghai, Shanghai and currently employs 155,000 full-time employees. The company went IPO on 2016-10-17. The firm operates its business through three segments. The Kentucky Fried Chicken (KFC) segment operates quick-service restaurant (QSR), mainly providing original recipe chicken and other chicken products, beef burgers, pork, seafood, rice dishes, congees, fresh vegetables, desserts, coffee, tea and other products. The Pizza Hut segment operates casual dining restaurant (CDR), which mainly offering multiple dayparts, including breakfast, lunch, afternoon tea and dinner. The products include various types of pizzas, steaks, pasta, rice dishes and other entrees, appetizers, beverages and desserts. The Other segment mainly operate offline stores and e-commerce business, including Taco Bell, Lavasa, Little Sheep, Huang Ji Huang, COFFii&JOY, East Dawning and other different brands. The firm operates its businesses in the domestic market.

Industry: Retail-Eating Places Peers: Luckin Coffee Inc