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Yum China Holdings, Inc. (9987.HK)

HKD350.40 +2.00 (+0.57%)
CN HKSE Consumer Cyclical Restaurants
Address Yum China Building 200030
Shanghai, CN
CEO Joey Wat
IPO 2020-09-10
ISIN US98850P1093

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Also trades on Deutsche Börse · 0YU.DE (EUR) Hong Kong Stock Exchange · 9987.HK (HKD) London Stock Exchange · 0M30.L (USD) New York Stock Exchange · YUMC (USD)
Description

Yum China Holdings, Inc. stands as a prominent restaurant corporation in China, dedicated to the ownership, management, and franchising of a broad array of dining establishments throughout the country. Its operations are primarily structured around two significant divisions: KFC and Pizza Hut. The company's extensive brand portfolio includes well-known names like KFC, Pizza Hut, Little Sheep, Huang Ji Huang, Lavazza, COFFii & JOY, Taco Bell, and East Dawning, collectively catering to diverse culinary tastes with offerings such as fried chicken, pizza, hot pot, simmer pots, Italian and specialty coffees, Mexican-inspired dishes, and authentic Chinese cuisine. In addition to its restaurant ventures, Yum China oversees V-Gold Mall, a dedicated mobile e-commerce platform. This online retail channel provides a variety of goods, from electronics, home goods, and kitchen accessories to general merchandise, alongside convenient ready-to-eat meals like fried rice, steak, and pasta, and coffee capsules. By March 31, 2022, the enterprise had cultivated a vast presence, operating 12,117 restaurants across approximately 1,700 cities. Yum China Holdings, Inc. was established in 2016 and maintains its corporate headquarters in Shanghai, China.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
HKD350.40 +2.00 (+0.57%)
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Volume Profile
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Liquidity & share structure
Average Volume
852.7K
Beta
0.09
Float Shares
337.08M
Free Float %
96.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.08% -1.42% -4.89% -14.00% +3.43% +1.36% +6.44% -21.94% -22.00% -4.25% -4.25%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (14 ratings, all time) Buy
Price Targets & DCF
Current price
350.40
DCF (Unlevered) 1,469.31 +319.3%
DCF (Levered) 630.20 +79.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 4 0
Buy 21 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.88
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Restaurants: +7.4%
    +4.4% Q1'26: +9.8% (vs Q1'25)
  • EPS growth Restaurants: +14.8%
    +7.7% Q1'26: +13.0% (vs Q1'25)
  • FCF margin FCF growth · Restaurants: +21.6%
    +4.3% Q1'26: +12.4% (vs Q1'25)
  • EBIT margin Restaurants: +6.1%
    +11.5% Q1'26: +14.6% (vs Q1'25)
  • ROIC Restaurants: +6.2%
    +14.1% Q1'26: +21.3% (vs Q1'25)
  • Share dilution Restaurants: +0.0%
    -4.9% Q1'26: -6.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Restaurants: 0.72×
    1.30× Q1'26: 0.79× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.12) × ERP
WACC = 88% × Ke + 12% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 1,441.66 Current price: 350.40
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
28 Rev. Ana.
10 EPS Ana.
Dec 2027
30 Rev. Ana.
11 EPS Ana.
Dec 2028
14 Rev. Ana.
5 EPS Ana.
Revenue
6.75B
est: 6.80B (-0.7%)
7.77B
est: 7.04B (+10.3%)
8.42B
est: 8.36B (+0.6%)
8.78B
est: 8.73B (+0.5%)
8.26B
est: 8.13B (+1.7%)
9.85B
est: 9.92B (-0.7%)
9.57B
est: 9.81B (-2.5%)
10.98B
est: 10.84B (+1.3%)
11.30B
est: 11.34B (-0.4%)
11.80B
est: 11.70B (+0.8%)
12.65B
12.29B – 13.05B
+8.1% YoY
13.40B
12.77B – 14.28B
+6.0% YoY
14.20B
13.66B – 14.90B
+6.0% YoY
EBITDA
1.05B
est: 927.82M (+13.6%)
1.17B
est: 961.51M (+21.7%)
1.28B
est: 1.14B (+11.7%)
1.29B
est: 1.19B (+8.3%)
1.16B
est: 1.11B (+4.5%)
1.25B
est: 1.35B (-7.7%)
1.17B
est: 1.34B (-12.4%)
1.59B
est: 1.48B (+7.2%)
1.68B
est: 2.16B (-22.5%)
1.81B
est: 2.23B (-19.0%)
2.41B
2.34B – 2.49B
+8.1% YoY
2.56B
2.43B – 2.72B
+6.0% YoY
2.71B
2.60B – 2.84B
+6.0% YoY
EBIT
652.00M
est: 405.35M (+60.8%)
761.00M
est: 420.07M (+81.2%)
830.00M
est: 498.66M (+66.4%)
863.00M
est: 520.57M (+65.8%)
709.00M
est: 484.59M (+46.3%)
734.00M
est: 591.62M (+24.1%)
658.00M
est: 585.01M (+12.5%)
1.13B
est: 646.21M (+75.3%)
1.20B
est: 2.60B (-53.9%)
1.36B
est: 2.68B (-49.4%)
2.90B
2.82B – 2.99B
+8.1% YoY
3.08B
2.93B – 3.28B
+6.0% YoY
3.26B
3.13B – 3.42B
+6.0% YoY
Net Income
502.00M
est: 473.41M (+6.0%)
398.00M
est: 553.16M (-28.1%)
708.00M
est: 593.66M (+19.3%)
713.00M
est: 690.47M (+3.3%)
784.00M
est: 594.09M (+32.0%)
990.00M
est: 581.29M (+70.3%)
442.00M
est: 438.82M (+0.7%)
827.00M
est: 750.31M (+10.2%)
911.00M
est: 858.83M (+6.1%)
929.00M
est: 928.68M (+0.0%)
1.07B
1.01B – 1.12B
+15.6% YoY
1.20B
1.10B – 1.33B
+11.5% YoY
1.32B
1.26B – 1.41B
+10.5% YoY
SGA
822.00M
est: 608.51M (+35.1%)
897.00M
est: 630.61M (+42.2%)
859.00M
est: 748.58M (+14.7%)
896.00M
est: 781.48M (+14.7%)
846.00M
est: 727.47M (+16.3%)
987.00M
est: 888.14M (+11.1%)
960.00M
est: 878.22M (+9.3%)
1.04B
est: 970.09M (+6.9%)
568.00M
est: 894.97M (-36.5%)
581.00M
est: 922.92M (-37.0%)
997.98M
969.88M – 1.03B
+8.1% YoY
1.06B
1.01B – 1.13B
+6.0% YoY
1.12B
1.08B – 1.18B
+6.0% YoY
EPS
1.37
est: 1.21 (+12.9%)
1.03
est: 1.42 (-27.4%)
1.84
est: 1.52 (+20.9%)
1.89
est: 1.77 (+6.8%)
2.01
est: 1.52 (+31.9%)
2.35
est: 1.49 (+57.7%)
1.05
est: 1.13 (-6.7%)
1.97
est: 1.92 (+2.4%)
2.35
est: 2.31 (+1.5%)
2.52
est: 2.50 (+0.7%)
2.89
2.71 – 3.03
+15.6% YoY
3.23
2.98 – 3.60
+11.5% YoY
3.56
3.39 – 3.79
+10.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-05-08 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-05-07 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-05-06 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-05-05 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-05-04 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-04-30 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-04-29 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-04-28 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-04-27 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-24 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-23 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-22 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-21 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-20 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-17 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-16 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-15 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.27B
OE per share TTM
3.49
Owner's Yield
0.97%
Maintenance CapEx ratio
5.72%
Maint CapEx / Avg PPE
43.3%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
9.7K
Shares Outstanding
351.20M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Joey Wat Chief Executive Officer & Executive Director 70M female
Adrian Ding Chief Financial Officer 15M male
Duoduo Huang Chief Supply Chain Officer 11M male
Leila Zhang Chief Technology Officer 7M female
Jerry Ding Chief People Officer 2M male
Chen Maggie Chief Customer Officer female
Hui Huang Joint Company Secretary female
Ling Zhang Joint Company Secretary female
Pingping Liu Chief Legal Officer female
Xueling Lu Controller & Principal Accounting Officer female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits