Yum China Holdings, Inc.

NYSE-YUMC

Overview Financials Investor Relations Estimates Ownership Industry Dividends Modeling Filings

Income Statement	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Operating Revenues						8,727	8,191	9,777	9,478	10,852	10,907
Other Revenues, Total	—	—				49	72	76	91	126	137
Total Revenues						8,776	8,263	9,853	9,569	10,978	11,044
Total Revenues % Chg.						4.3%	-5.8%	19.2%	-2.9%	14.7%	6.8%
Cost of Goods Sold, Total						6,966	6,629	8,024	7,863	8,712	8,836
Gross Profit						1,810	1,634	1,829	1,706	2,266	2,208
Selling General & Admin Expenses, Total						896	846	987	960	1,037	994
Other Operating Expenses						51	79	108	175	114	122
Other Operating Expenses, Total						947	925	1,095	1,135	1,151	1,116
Operating Income						863	709	734	571	1,115	1,092
Interest Expense, Total	—	—	—	—	—	—	-2	-2	-2	-2	-2
Interest And Investment Income						102	149	62	86	171	178
Net Interest Expenses						102	147	60	84	169	176
Income (Loss) On Equity Invest.						69	62	43	-2	4	4
Currency Exchange Gains (Loss)						5	9	15	3	2	2
Other Non Operating Income (Expenses)	—	—		—	—	—	—	—	—	—	—
EBT, Excl. Unusual Items						1,039	927	852	656	1,290	1,274
Restructuring Charges	—		—	—	—	—	—	—	—	—	—
Impairment of Goodwill		—	—	—	—	-9	—	—	—	—	—
Gain (Loss) On Sale Of Investments		—	—	—		—	239	574	-26	-49	-21
Gain (Loss) On Sale Of Assets	—		—	—	—	—	—	—	—	—	—
Asset Writedown						-27	-55	-34	-32	-29	-26
Insurance Settlements			—	—	—	—	—	—	—	—	—
Other Unusual Items	—	—	—		—	—	-3	—	87	18	5
EBT, Incl. Unusual Items						1,003	1,108	1,392	685	1,230	1,232
Income Tax Expense						260	295	369	207	329	323
Earnings From Continuing Operations						743	813	1,023	478	901	909
Minority Interest						-30	-29	-33	-36	-74	-69
Net Income						713	784	990	442	827	840
Net Income to Common Incl Extra Items						713	784	990	442	827	840
Net Income to Common Excl. Extra Items						713	784	990	442	827	840
Total Shares Outstanding						376	420	428	419	407	386
Weighted Avg. Shares Outstanding						377	390	422	421	416	404.5
Weighted Avg. Shares Outstanding Dil						388	402	434	425	420	407
EPS						1.9	2	2.3	1	2	2.1
EPS Diluted						1.8	2	2.3	1	2	2.1
EBITDA						1,291	1,159	1,250	1,173	1,568	1,552
Effective Tax Rate						25.9%	26.6%	26.5%	30.2%	26.7%	26.2%