0001193125-26-082824
SEC filingYum China Holdings, Inc. reported total revenues of $11.80 billion for fiscal year 2025, generating operating profit of $1.29 billion and net income attributable to Yum China of $929.0 million. The company's cost of goods and services sold was $9.76 billion, with major components including food and paper ($3.46B), payroll and employee benefits ($2.99B), and occupancy and other operating expenses ($2.79B). Operating cash flow was strong at $1.47 billion, though net cash decreased by $217 million due to significant share repurchases of $1.14 billion and dividend payments totaling $428 million. The company ended the year with total assets of $10.78 billion, including $2.36 billion in current assets and $1.13 billion in cash and equivalents. No year-over-year comparisons are provided in the source data for FY2025 performance metrics.
Yum China Holdings, Inc. reported total revenues of $11.80 billion for fiscal year 2025, with operating profit of $1.29 billion and net income attributable to Yum China of $929.0 million. The company generated basic and diluted earnings per common share of $3.00. Total costs and expenses were $10.51 billion, including cost of goods and services sold of $9.76 billion. The company's operating margin was 10.9%. No year-over-year comparison data is provided in the source materials for FY2025 performance metrics.
The filing does not provide segment breakdown, geographic mix, or specific growth drivers for revenue. The total revenue figure of $11.80 billion represents the consolidated performance without further disaggregation in the provided data. The XBRL data shows revenue as a single consolidated figure without dimensional breakdown by business segment, product line, or geographic region.
The company achieved an operating margin of 10.9% based on operating profit of $1.29 billion on revenues of $11.80 billion. Major cost components included food and paper ($3.46B), payroll and employee benefits ($2.99B), and occupancy and other operating expenses ($2.79B). General and administrative expenses were $581 million, while other operating costs and expenses totaled $132 million. The company recorded closures and impairment expenses net of -$37 million, representing a recovery rather than an expense.
Operating activities generated $1.47 billion in cash flow, driven by net income of $1.00 billion and adjustments including depreciation and amortization of $448 million. Investing activities used $5 million net, with capital spending of $626 million offset by net maturities of investments. Financing activities used $1.69 billion, primarily for share repurchases ($1.14B) and dividend payments ($353M common stock, $75M noncontrolling interests). The balance sheet shows total assets of $10.78 billion, with current assets of $2.36 billion including $506 million cash and equivalents. Total liabilities were $4.68 billion, with current liabilities of $2.25 billion. Total equity was $6.10 billion.
The filing mentions regulatory risks including potential delisting from the NYSE if PCAOB cannot inspect China-based auditors. The company has comprehensive cash management policies and is subject to Chinese regulations affecting dividend distributions, currency conversion, loans to Chinese subsidiaries, and data security. Capital contributions of $15 million were made to China subsidiaries in 2025. The company faces regulatory requirements for restaurant operations, foreign currency controls, investment approvals, and cybersecurity compliance. No specific financial guidance or forward-looking performance metrics are provided in the extracted content.