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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 3.07B | 14.6% |
| Gross Profit | 2.92B | 15.5% |
| Cost of Revenue | 150M | 0% |
| Operating expense | 182M | 1.7% |
| Net Income | 297M | 40.1% |
| EBITDA | 372M | 38.8% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 11.8B | 2% |
| Total Liabilities | 5.07B | 0.3% |
| Total Equity | 6.02B | 3.5% |
| Shares Outstanding | 381M | 1.3% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 409M | 2% |
| Cash from investing | 104M | 145% |
| Cash from financing | -374M | 4055.6% |
EPS
Financial Highlights for Yum China in Q3 '24
Yum China reported a revenue of 3.07B, which is a 14.6% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 2.92B, marking a 15.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 150M, a 0% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 182M, showing a 1.7% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 297M, showing a 40.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 372M, showing a 38.8% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Yum China with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
