Market Capitalization (Millions $) |
23,387 |
Shares
Outstanding (Millions) |
422 |
Employees |
450,000 |
Revenues (TTM) (Millions $) |
10,344 |
Net Income (TTM) (Millions $) |
812 |
Cash Flow (TTM) (Millions $) |
42 |
Capital Exp. (TTM) (Millions $) |
664 |
Yum China Holdings Inc
Yum China Holdings Inc is a Chinese franchisee of American fast-food restaurant chains, including KFC, Pizza Hut, and Taco Bell. It was spun off from Yum! Brands on November 1, 2016, to ensure that Yum! Brands can focus on its U.S business.
Yum China has over 11,000 restaurants across more than 1,400 cities in China. KFC is the company's flagship brand and represents the majority of its revenue, with Pizza Hut and Taco Bell serving as secondary brands. KFC and Pizza Hut are well-known brands in China and have adapted their menus to cater to the Chinese market. For example, KFC in China offers a range of Chinese-style dishes, such as congee and porridge, which are popular for breakfast.
Since its separation from Yum! Brands, Yum China has achieved steady growth, generating increasing revenue year on year, with $8.8 billion in 2019. The company has also deepened its penetration into lower-tier cities, which are less developed but have a larger population, to sustain growth in the long run.
One of Yum China's significant strengths is its supply chain management, which enables it to maintain consistency across its franchises. Yum China has developed a central logistics system to ensure that all restaurants source ingredients and supplies from the same high-quality producers. Furthermore, the company is continuously investing in it to improve the system's efficiency and quality.
Yum China has also invested significantly in digital technology and mobile platforms, which have become increasingly important since the COVID-19 pandemic. The company has developed a mobile app for every brand, which allows customers to order online and have their order either delivered or picked up at a store. This has helped to mitigate the impact of physical stores closing due to lockdowns during the pandemic.
In summary, Yum China Holdings Inc is a successful, fast-growing franchisee of American fast-food restaurant chains, with a strong supply chain management system and digital technology investment. Its flagship brand, KFC, is a household name in China, and the company is continuously expanding its reach in the country.
Company Address: 101 East Park Boulevard, Suite 805 Plano 75074 TX
Company Phone Number: 980-2898 Stock Exchange / Ticker: NYSE YUMC
YUMC is expected to report next financial results on November 08, 2023. |
|
|