49.94
-0.02%
Close of 9 Nov 2026, in USD
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About Yum China Holdings
From its filings with the US Securities and Exchange Commission
Yum China Holdings is based in Plano, Texas and is incorporated in Delaware. Its shares trade on NYSE under the ticker YUMC. The SEC classifies its business as retail-eating places. In the fiscal year to 31 December 2025, it reported revenue of $11.80bn and net income of $929.0m. At that date it held total assets of $10.78bn and shareholders' equity of $5.38bn.
References to “Yum China” mean Yum China Holdings, Inc. and references to the “Company,” “we,” “us,” and “our” mean Yum China and its subsidiaries.
Yum China is the largest restaurant company in China in terms of 2025 system sales. We had $11.8 billion of revenues in 2025 and 18,101 restaurants as of December 31, 2025. Our growing restaurant network consists of our flagship KFC and Pizza Hut brands, as well as emerging brands such as Lavazza, Huang Ji Huang, Little Sheep and Taco Bell.
We have the exclusive right to operate and sublicense the KFC, Pizza Hut and, subject to the agreed terms, Taco Bell brands in China, excluding Hong Kong, Macau and Taiwan. We own the intellectual property of the Little Sheep and Huang Ji Huang concepts outright. KFC was the first major global restaurant brand to enter China in 1987. With more than three decades of operations, we have developed extensive operating experience in the China market. We have since grown to become the largest restaurant company in China in terms of 2025 system sales, with 18,101 restaurants covering over 2,500 cities primarily in China as of December 31, 2025. We believe that there are significant opportunities to further expand within China, and we intend to focus our efforts on increasing our geographic footprint in both existing and new cities.
Quoted from its 10-K, filed 27 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Consumer Discretionary
- Industry
- Hotels, Restaurants & Leisure
- Listed since
- 31 Oct 2016
- Employees
- 130,000
- Website
- yumchina.com ↗
- Head office
- 101 EAST PARK BOULEVARD, SUITE 805, PLANO, TX, 75074
- Incorporated in
- DE
- Classification
- Retail-Eating Places
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Dr. Zuliu HuIndependent Chairman of the Board$560,000
- Ms. Joey WatChief Executive Officer, Director$14.2m
- Mr. Adrian DingChief Financial Officer$1.7m
- Mr. Jerry DingChief People Officer
- Ms. Leila ZhangChief Technology Officer$1.6m
- Ms. Xueling LuController and Principal Accounting Officer
- Mr. Jeff KuaiGeneral Manager - Pizza Hut, since 2017$2.1m
- Mr. Warton WangGeneral Manager - KFC$2.5m
- Mr. Duoduo HuangChief Supply Chain Officer
- Ms. Pingping LiuChief Legal Officer
- Ms. Huang HuiJoint Company Secretary
- Ms. Zhang LingJoint Company Secretary
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 97
- Environment
- 99
- Social
- 99
- Governance
- 92
- Direct emissions (scope 1)
- 220,101 t
- Energy emissions (scope 2)
- 2,057,158 t
- Value chain emissions (scope 3)
- 10,235,998 t
- Women in the workforce
- 67%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Yum China Holdings Inc owns and operates a diverse portfolio of well-known brands, including KFC, Pizza Hut, and Taco Bell in China. These brands enjoy high levels of brand recognition and customer loyalty, giving the company a competitive advantage in the market.
- Yum China operates a vast network of restaurants across China, with a strong presence in both tier 1 and tier 2 cities. This widespread market coverage enables the company to reach a large customer base and leverage economies of scale.
- Yum China has established a robust supply chain management system, ensuring the timely delivery of ingredients and materials to its restaurants. This efficient supply chain allows the company to maintain consistent product quality and minimize operational disruptions.
Weaknesses
- Yum China primarily operates in China, making it susceptible to changes in the country's political, regulatory, and economic environment. This concentration of operations poses risks, including potential disruptions or restrictions that could impact the company's performance.
- Yum China faces intense competition from local and international fast-food chains, as well as emerging food delivery platforms. This competitive landscape puts pressure on the company to innovate, maintain competitive pricing, and adapt to changing consumer preferences.
Opportunities
- Yum China can capitalize on the expanding Chinese middle class, which is driving increased consumer spending and demand for dining out. By catering to this segment with diverse menu offerings and enhanced dining experiences, the company can capture market share and drive growth.
- Yum China has the opportunity to expand its restaurant footprint into tier 3 and tier 4 cities, where there is growing urbanization and disposable income. This expansion can tap into untapped markets and increase revenue potential for the company.
Threats
- Increasing health and nutrition concerns among consumers pose a threat to Yum China's fast-food offerings. There is a rising demand for healthier alternatives and stricter regulations on food quality, which may require the company to adapt its menu and offerings.
- Yum China is exposed to reputation risks, such as food safety incidents or negative publicity associated with its brands. Any adverse events or controversies can significantly impact consumer trust and perception, potentially leading to a decline in sales.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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