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Income Statement (USD)
| Q1 '24 | QoQ | |
|---|---|---|
| Revenue | 2.96B | 18.7% |
| Gross Profit | 2.81B | 85.2% |
| Cost of Revenue | 146M | 85% |
| Operating expense | 175M | 82.8% |
| Net Income | 287M | 195.9% |
| EBITDA | 403M | 26.1% |
Balance Sheet (USD)
| Q1 '24 | QoQ | |
|---|---|---|
| Total Assets | 11.3B | 6.1% |
| Total Liabilities | 4.71B | 4.2% |
| Total Equity | 5.87B | 8.4% |
| Shares Outstanding | 392M | 3.7% |
Cash Flow (USD)
| Q1 '24 | QoQ | |
|---|---|---|
| Cash from operations | 442M | 218% |
| Cash from investing | 99M | 68% |
| Cash from financing | -776M | 63% |
EPS
Financial Highlights for Yum China in Q1 '24
Yum China reported a revenue of 2.96B, which is a 18.7% 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 2.81B, marking a 85.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 146M, a -85% 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 175M, showing a -82.8% 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 287M, showing a 195.9% 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 403M, showing a -26.1% 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. A decline in EBITDA signals potential operational challenges or increased costs.