Yum China

Yum China Holdings, Inc.

Type	Public
Traded as	NYSE: YUMC SEHK: Script error: No such module "Leading zeros".&sc_lang=en Script error: No such module "Leading zeros".
ISIN	US98850P1093
Industry	Restaurants
Founded	November 1, 2016 (2016-11-01)
Headquarters	Shanghai , China
Number of locations	12117 (2021 Q3)
Area served	China Little Sheep: Canada , Japan , Indonesia, United States
Key people	Joey Wat, CEO
Revenue	US$8.415 billion (2018)[1]
Operating income	US$941 million (2018)[1]
Net income	US$708 million (2018)[1]
Total assets	United States dollar $4.61 billion (2018)[1]
Total equity	United States dollar 2.873 billion (2018)[1]
Number of employees	450,000[2] (2018)
Divisions	East Dawning Little Sheep Huang Ji Huang COFFii & JOY Lavazza Shaofaner
Website	www.yumchina.com/en

Yum China Holdings, Inc. (Chinese: 百胜中国; pinyin: Bǎishèng Zhōngguó) is a Chinese Fortune 500 ^[3] fast-food restaurant company based in Shanghai, China .^[4][5][6][7] With US$9.5 billion in revenue and 10,600 restaurants worldwide it is one of the largest restaurant companies. It was spun off from Yum! Brands in 2016, becoming an independent, publicly traded company on November 1, 2016. Yum China is a trademark licensee of Yum Brands, paying 3% of total systemwide sales to Yum Brands. It operates 8,484 restaurants in over 1,100 cities located in every province and autonomous region in Mainland China. It has a workforce of 450,000 employees.^[8][9] Since the stock is listed on the New York Stock Exchange, the company has an office in Plano, Texas for SEC filings.^[10]

History

Initial foray into China

Spinoff

On October 25, 2015, Yum! Brands announced that it intended to separate into two independent, publicly traded companies by spinning off Yum China;^[11] it took effect 1 November 2016.^[12]

Brands

China's first KFC restaurant at Qianmen, Beijing

Yum China has several subsidiary brands, including KFC, Taco Bell, Pizza Hut, COFFii & JOY a coffee bar launched in 2018, Huang Ji Huang a casual dining franchise, East Dawning a Jiangnan cuisine fast food franchise and Little Sheep. Little Sheep has around 200 restaurants in China, twenty-nine in nine US states, mostly in California , seventeen in Japan , nine in Canada and one in Jakarta, Indonesia.^[13]

Number of units 2022:

• 8,441 KFC
• 2,679 Pizza Hut
• 997 Little Sheep, East Dawning, Taco Bell, Huang Ji Huang, COFFii & Joy, Lavazza, and Shaofaner.

Corporate affairs

The headquarters is in the Yum China Building (Chinese: 百胜中国大厦; pinyin: Bǎishèng Zhōngguó Dàshà) in Xuhui District.^[14]

References

External links

• Official website
• Business data for Yum China:
  • Google Finance
  • Yahoo! Finance
  • Bloomberg
  • Reuters
  • SEC filings

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