
Yum China Holdings Inc
NYSE:YUMC

Income Statement
Earnings Waterfall
Yum China Holdings Inc
Revenue
|
11.3B
USD
|
Cost of Revenue
|
-6.6B
USD
|
Gross Profit
|
4.7B
USD
|
Operating Expenses
|
-3.5B
USD
|
Operating Income
|
1.2B
USD
|
Other Expenses
|
-290m
USD
|
Net Income
|
911m
USD
|
Income Statement
Yum China Holdings Inc
Aug-2016 | May-2017 | Aug-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||
Revenue |
3 471
N/A
|
3 477
+0%
|
3 632
+4%
|
5 853
+61%
|
6 327
+8%
|
6 501
+3%
|
8 415
+29%
|
8 498
+1%
|
8 554
+1%
|
8 661
+1%
|
8 776
+1%
|
8 226
-6%
|
8 004
-3%
|
8 033
+0%
|
8 263
+3%
|
9 066
+10%
|
9 615
+6%
|
9 821
+2%
|
9 853
+0%
|
9 964
+1%
|
9 641
-3%
|
9 772
+1%
|
9 569
-2%
|
9 818
+3%
|
10 344
+5%
|
10 573
+2%
|
10 978
+4%
|
11 019
+0%
|
11 044
+0%
|
11 201
+1%
|
11 303
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 694)
|
(1 701)
|
(1 789)
|
(2 985)
|
(3 307)
|
(3 525)
|
(4 635)
|
(4 710)
|
(4 788)
|
(4 865)
|
(4 931)
|
(4 705)
|
(4 594)
|
(4 603)
|
(4 705)
|
(5 077)
|
(5 363)
|
(5 595)
|
(5 719)
|
(5 836)
|
(5 687)
|
(5 639)
|
(5 504)
|
(5 579)
|
(5 864)
|
(6 050)
|
(6 305)
|
(6 404)
|
(6 437)
|
(6 541)
|
(6 578)
|
|
Gross Profit |
1 777
N/A
|
1 776
0%
|
1 843
+4%
|
2 868
+56%
|
3 020
+5%
|
2 976
-1%
|
3 780
+27%
|
3 788
+0%
|
3 766
-1%
|
3 796
+1%
|
3 845
+1%
|
3 521
-8%
|
3 410
-3%
|
3 430
+1%
|
3 558
+4%
|
3 989
+12%
|
4 252
+7%
|
4 226
-1%
|
4 134
-2%
|
4 128
0%
|
3 954
-4%
|
4 133
+5%
|
4 065
-2%
|
4 239
+4%
|
4 480
+6%
|
4 523
+1%
|
4 673
+3%
|
4 615
-1%
|
4 607
0%
|
4 660
+1%
|
4 725
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||
Operating Expenses |
(1 402)
|
(1 358)
|
(1 397)
|
(2 154)
|
(2 251)
|
(2 247)
|
(2 950)
|
(2 931)
|
(2 916)
|
(2 922)
|
(2 968)
|
(2 850)
|
(2 796)
|
(2 797)
|
(2 827)
|
(3 013)
|
(3 168)
|
(3 273)
|
(3 357)
|
(3 463)
|
(3 417)
|
(3 422)
|
(3 310)
|
(3 282)
|
(3 371)
|
(3 435)
|
(3 538)
|
(3 524)
|
(3 508)
|
(3 505)
|
(3 524)
|
|
Selling, General & Administrative |
(1 365)
|
(1 323)
|
(1 362)
|
(2 095)
|
(2 183)
|
(2 175)
|
(2 850)
|
(2 830)
|
(2 816)
|
(2 818)
|
(2 859)
|
(2 738)
|
(2 678)
|
(2 675)
|
(2 703)
|
(2 888)
|
(3 043)
|
(3 145)
|
(3 225)
|
(3 336)
|
(3 292)
|
(3 304)
|
(3 194)
|
(3 159)
|
(3 241)
|
(3 294)
|
(3 379)
|
(3 368)
|
(3 346)
|
(3 339)
|
(3 355)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(6)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(5)
|
|
Other Operating Expenses |
(37)
|
(35)
|
(35)
|
(59)
|
(68)
|
(72)
|
(100)
|
(101)
|
(99)
|
(103)
|
(108)
|
(110)
|
(117)
|
(121)
|
(122)
|
(123)
|
(123)
|
(125)
|
(129)
|
(124)
|
(121)
|
(114)
|
(112)
|
(119)
|
(126)
|
(137)
|
(148)
|
(152)
|
(157)
|
(161)
|
(158)
|
|
Operating Income |
375
N/A
|
418
+11%
|
446
+7%
|
714
+60%
|
769
+8%
|
729
-5%
|
830
+14%
|
857
+3%
|
850
-1%
|
874
+3%
|
877
+0%
|
671
-23%
|
614
-8%
|
633
+3%
|
731
+15%
|
976
+34%
|
1 084
+11%
|
953
-12%
|
777
-18%
|
665
-14%
|
537
-19%
|
711
+32%
|
755
+6%
|
957
+27%
|
1 109
+16%
|
1 088
-2%
|
1 135
+4%
|
1 091
-4%
|
1 099
+1%
|
1 155
+5%
|
1 201
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||
Interest Income Expense |
34
|
36
|
44
|
81
|
82
|
74
|
63
|
65
|
87
|
106
|
162
|
141
|
168
|
195
|
196
|
197
|
164
|
85
|
64
|
18
|
19
|
42
|
61
|
107
|
102
|
134
|
122
|
145
|
155
|
178
|
169
|
|
Non-Reccuring Items |
(31)
|
(17)
|
(19)
|
79
|
78
|
82
|
57
|
(53)
|
(40)
|
(40)
|
(36)
|
(33)
|
(53)
|
184
|
181
|
191
|
202
|
(28)
|
594
|
590
|
589
|
577
|
(32)
|
(33)
|
(33)
|
(29)
|
(29)
|
(27)
|
(26)
|
(34)
|
(39)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
(19)
|
(29)
|
(43)
|
(60)
|
(74)
|
(88)
|
(97)
|
(73)
|
(49)
|
(25)
|
(2)
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
378
N/A
|
437
+16%
|
471
+8%
|
874
+86%
|
929
+6%
|
885
-5%
|
950
+7%
|
869
-9%
|
897
+3%
|
940
+5%
|
1 003
+7%
|
779
-22%
|
729
-6%
|
1 012
+39%
|
1 108
+9%
|
1 355
+22%
|
1 431
+6%
|
981
-31%
|
1 392
+42%
|
1 213
-13%
|
1 071
-12%
|
1 242
+16%
|
687
-45%
|
958
+39%
|
1 129
+18%
|
1 168
+3%
|
1 226
+5%
|
1 209
-1%
|
1 228
+2%
|
1 299
+6%
|
1 331
+2%
|
|
Net Income | ||||||||||||||||||||||||||||||||
Tax Provision |
(103)
|
(122)
|
(137)
|
(244)
|
(262)
|
(227)
|
(250)
|
(228)
|
(221)
|
(241)
|
(252)
|
(199)
|
(198)
|
(266)
|
(295)
|
(365)
|
(384)
|
(273)
|
(369)
|
(322)
|
(289)
|
(342)
|
(207)
|
(277)
|
(317)
|
(320)
|
(329)
|
(317)
|
(323)
|
(342)
|
(356)
|
|
Income from Continuing Operations |
275
|
315
|
334
|
630
|
667
|
658
|
700
|
641
|
676
|
699
|
751
|
580
|
531
|
746
|
813
|
990
|
1 047
|
708
|
1 023
|
891
|
782
|
900
|
480
|
681
|
812
|
848
|
897
|
892
|
905
|
957
|
975
|
|
Income to Minority Interest |
(6)
|
(16)
|
(16)
|
(24)
|
(25)
|
(24)
|
(28)
|
(27)
|
(27)
|
(30)
|
(30)
|
(27)
|
(24)
|
(23)
|
(29)
|
(38)
|
(46)
|
(42)
|
(33)
|
(30)
|
(18)
|
(32)
|
(36)
|
(50)
|
(67)
|
(69)
|
(74)
|
(70)
|
(69)
|
(68)
|
(69)
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(4)
|
(2)
|
0
|
0
|
4
|
4
|
3
|
4
|
4
|
5
|
|
Net Income (Common) |
269
N/A
|
299
+11%
|
318
+6%
|
606
+91%
|
642
+6%
|
634
-1%
|
708
+12%
|
642
-9%
|
677
+5%
|
697
+3%
|
713
+2%
|
553
-22%
|
507
-8%
|
723
+43%
|
784
+8%
|
952
+21%
|
1 001
+5%
|
666
-33%
|
990
+49%
|
860
-13%
|
762
-11%
|
864
+13%
|
442
-49%
|
631
+43%
|
745
+18%
|
783
+5%
|
827
+6%
|
825
0%
|
840
+2%
|
893
+6%
|
911
+2%
|
|
EPS (Diluted) |
0.7
N/A
|
0.77
+10%
|
0.8
+4%
|
1.52
+90%
|
1.61
+6%
|
1.6
-1%
|
1.79
+12%
|
1.65
-8%
|
1.74
+5%
|
1.79
+3%
|
1.83
+2%
|
1.42
-22%
|
1.3
-8%
|
1.8
+38%
|
1.95
+8%
|
2.19
+12%
|
2.3
+5%
|
1.54
-33%
|
2.28
+48%
|
1.99
-13%
|
1.79
-10%
|
2.02
+13%
|
1.04
-49%
|
1.5
+44%
|
1.77
+18%
|
1.86
+5%
|
1.97
+6%
|
2.04
+4%
|
2.14
+5%
|
2.31
+8%
|
2.34
+1%
|