Yum China Holdings, Inc.
Close on Oct 19, 2026
- Market cap
- $15.71B
- P/E (TTM)
- 16.5
- Dividend yield
- 2.13%
About Yum China
Retail-Eating Places, SIC 5812
Yum China Holdings, Inc. operates, franchises, and manages restaurant chains, offering dining, takeaway, and food delivery services directly to retail consumers. The company organizes its operations across distinct restaurant concepts and operating segments, led by its flagship KFC and Pizza Hut brands, alongside additional restaurant concepts including Taco Bell, Little Sheep, Huang Ji Huang, and a Lavazza joint venture. Through these diverse chains, the business sells prepared meals, beverages, and packaged goods, while also offering customer privilege membership programs. In addition to direct consumer restaurant sales, the business earns revenues from franchise fees and supply transactions with franchisees.
The company focuses its operations within mainland China, conducting business across multiple urban markets including Beijing, Shanghai, Hangzhou, Suzhou, and Wuxi. Executive operations and corporate leadership function out of dual principal executive offices located in Plano, Texas, United States, and Shanghai, People's Republic of China.
Summary of the business section of Yum China's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Yum China Holdings, Inc.
- Founded
- 2016
- Headquarters
- Plano, TX
- Address
- 101 East Park Boulevard, Suite 805 75074
- Phone
- (469) 980-2898
- Website
- yumchina.com
- Employees
- 290,000, Dec 31, 2025
- Industry
- Retail-Eating Places
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- KPMG Huazhen LLP, Shanghai, China
Stock & identifiers
- Ticker
- YUMC
- Exchange
- NYSE
- IPO date
- Oct 17, 2016
- Shares outstanding
- 342M, Aug 4, 2026
- Public float
- $16.50B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1673358
- CUSIP
- 98850P109
- ISIN
- US98850P1093
- LEI
- 529900DO9BYZ7VA3K502
- EIN
- 81-2421743
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Joey Wat | Chief Executive Officer, Director | 706,250 |
| Adrian Ding | Chief Financial Officer | 55,461 |
| Pingping LIU | Chief Legal Officer | 17,006 |
| Warton Wang | General Manager, KFC | 54,523 |
| Leila Zhang | Chief Technology Officer | 61,851 |
| Xueling Lu | Controller and PAO | 32,546 |
| Duoduo (Howard) HUANG | Chief Supply Chain Officer | 7,589 |
| Jeff Kuai | General Manager, Pizza Hut | 63,541 |
| Jerry DING | Chief People Officer | 4,305 |
| Christina (Xiaojing) Zhu | Director | 25,215 |
| Grace Xin Ge | Director | 9,126 |
| Zhe David Wei | Director | 7,258 |
| David L. Hoffmann | Director | 27,336 |
| Mikel A. Durham | Director | 17,572 |
| Edouard Ettedgui | Director | 67,324 |
| Ruby Rong Lu | Director | 73,935 |
| Fred Hu | Director | 12,131,090 |
| Zili Shao | Director | 56,551 |
| William Wang Yang | Director | 12,100,487 |
| Min (Jenny) Zhang | Director | 17,513 |
| Robert Blaine Aiken Jr | Director | 15,925 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Joey Wat | $19.59M | $18.76M | $3.18M | $89 | $57 |
| FY2025 Ms. Wat | $19.59M | $18.76M | $3.18M | $89 | $57 |
| FY2024 Joey Wat | $14.22M | $17.02M | $2.39M | $88 | $47 |
| FY2024 Ms. Wat | $14.22M | $17.02M | $2.39M | $88 | $47 |
| FY2023 Joey Wat | $20.34M | $9.04M | $3.39M | $76 | $42 |
| FY2023 Ms. Wat | $20.34M | $9.04M | $3.39M | $76 | $42 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, the Company had approximately 290,000 employees, including approximately 130,000 full-time employees and approximately 160,000 part-time restaurant crew members.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Aug 7, 2026 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 7, 2017 | Delisting | Notice of delisting from exchange (Form 25) |
| Oct 27, 2016 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jun 24, 2016 | Name change | Name changed from Yum! China Holding, Inc. to Yum China Holdings, Inc. |
| May 4, 2016 | Spin-off | Registration as a new public company (Form 10), e.g. spin-off |