Yum China Holdings, Inc.

NYSE:YUMC Stock Report

Market Cap: US$16.6b

Yum China Holdings Management

Management criteria checks 3/4

Yum China Holdings' CEO is Joey Wat, appointed in Mar 2018, has a tenure of 7.17 years. total yearly compensation is $14.22M, comprised of 10% salary and 90% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth $29.34M. The average tenure of the management team and the board of directors is 1.5 years and 7.8 years respectively.

Key information

Joey Wat

Chief executive officer

US$14.2m

Total compensation

CEO salary percentage10.02%
CEO tenure7.2yrs
CEO ownership0.2%
Management average tenure1.5yrs
Board average tenure7.8yrs

Recent management updates

Recent updates

Yum China: Navigating Challenges And Unlocking Growth Potential

May 06

Yum China Holdings, Inc. (NYSE:YUMC) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

May 03
Yum China Holdings, Inc. (NYSE:YUMC) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Here's Why Yum China Holdings (NYSE:YUMC) Has Caught The Eye Of Investors

Apr 23
Here's Why Yum China Holdings (NYSE:YUMC) Has Caught The Eye Of Investors

These 4 Measures Indicate That Yum China Holdings (NYSE:YUMC) Is Using Debt Reasonably Well

Apr 03
These 4 Measures Indicate That Yum China Holdings (NYSE:YUMC) Is Using Debt Reasonably Well

Yum China Holdings (NYSE:YUMC) Is Paying Out A Larger Dividend Than Last Year

Mar 05
Yum China Holdings (NYSE:YUMC) Is Paying Out A Larger Dividend Than Last Year

Yum! Brands: Taco Bell Keeps Winning, While KFC Simmering - Very Slowly

Feb 10

Yum China Holdings' (NYSE:YUMC) Dividend Will Be Increased To $0.24

Feb 09
Yum China Holdings' (NYSE:YUMC) Dividend Will Be Increased To $0.24

Yum China Holdings' (NYSE:YUMC) Returns Have Hit A Wall

Feb 04
Yum China Holdings' (NYSE:YUMC) Returns Have Hit A Wall

It's A Story Of Risk Vs Reward With Yum China Holdings, Inc. (NYSE:YUMC)

Jan 07
It's A Story Of Risk Vs Reward With Yum China Holdings, Inc. (NYSE:YUMC)

Yum! Brands: Taco Bell Eyes Dutch Bros' Success

Jan 03

Calculating The Fair Value Of Yum China Holdings, Inc. (NYSE:YUMC)

Dec 24
Calculating The Fair Value Of Yum China Holdings, Inc. (NYSE:YUMC)

Yum China Holdings: Potential For Sales Growth To Accelerate

Dec 22

Does Yum China Holdings (NYSE:YUMC) Have A Healthy Balance Sheet?

Nov 27
Does Yum China Holdings (NYSE:YUMC) Have A Healthy Balance Sheet?

Returns On Capital Signal Tricky Times Ahead For Yum China Holdings (NYSE:YUMC)

Oct 29
Returns On Capital Signal Tricky Times Ahead For Yum China Holdings (NYSE:YUMC)

Yum China's Expansion Continues In Slower Economy

Oct 25

The Market Lifts Yum China Holdings, Inc. (NYSE:YUMC) Shares 31% But It Can Do More

Sep 27
The Market Lifts Yum China Holdings, Inc. (NYSE:YUMC) Shares 31% But It Can Do More

Is Yum China Holdings, Inc. (NYSE:YUMC) Trading At A 33% Discount?

Sep 03
Is Yum China Holdings, Inc. (NYSE:YUMC) Trading At A 33% Discount?

Yum China Holdings: Solid Execution Deserves A Buy Rating

Aug 17

Some Investors May Be Worried About Yum China Holdings' (NYSE:YUMC) Returns On Capital

Jul 30
Some Investors May Be Worried About Yum China Holdings' (NYSE:YUMC) Returns On Capital

Yum China: Widening Its Economic Moat And Seizing Growth Opportunities In An Evolving Market

Jul 10

A Piece Of The Puzzle Missing From Yum China Holdings, Inc.'s (NYSE:YUMC) Share Price

Jun 18
A Piece Of The Puzzle Missing From Yum China Holdings, Inc.'s (NYSE:YUMC) Share Price

Does Yum China Holdings (NYSE:YUMC) Have A Healthy Balance Sheet?

Jun 05
Does Yum China Holdings (NYSE:YUMC) Have A Healthy Balance Sheet?

Yum China Holdings Q1: Strategy To Drive SSSG And Store Opening Is Sound

May 14

Yum China: Low Margin Of Safety, Wait For A Better Entry Point

Apr 09

Yum China Expands To Lower-Tier Cities To Drive Growth Amid Growing Consumer Caution

Feb 07

KFC Plucks Up Major Milestone With 10,000th China Store Opening

Dec 19

Yum China 'Rediscovers' Its Fast-Food Roots In Budget-Conscious Times

Nov 03

Yum China Plans Post-Pandemic Binge With Major Expansion

Sep 18

Yum China: Appealing Growth Prospects And Reasonably Priced

Sep 07

CEO Compensation Analysis

How has Joey Wat's remuneration changed compared to Yum China Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

US$916m

Dec 31 2024US$14mUS$1m

US$911m

Sep 30 2024n/an/a

US$893m

Jun 30 2024n/an/a

US$840m

Mar 31 2024n/an/a

US$825m

Dec 31 2023US$20mUS$1m

US$827m

Sep 30 2023n/an/a

US$783m

Jun 30 2023n/an/a

US$745m

Mar 31 2023n/an/a

US$631m

Dec 31 2022US$16mUS$1m

US$442m

Sep 30 2022n/an/a

US$864m

Jun 30 2022n/an/a

US$762m

Mar 31 2022n/an/a

US$860m

Dec 31 2021US$17mUS$1m

US$990m

Sep 30 2021n/an/a

US$666m

Jun 30 2021n/an/a

US$1b

Mar 31 2021n/an/a

US$952m

Dec 31 2020US$21mUS$1m

US$784m

Sep 30 2020n/an/a

US$723m

Jun 30 2020n/an/a

US$507m

Mar 31 2020n/an/a

US$553m

Dec 31 2019US$12mUS$1m

US$713m

Sep 30 2019n/an/a

US$697m

Jun 30 2019n/an/a

US$677m

Mar 31 2019n/an/a

US$642m

Dec 31 2018US$10mUS$1m

US$708m

Compensation vs Market: Joey's total compensation ($USD14.22M) is about average for companies of similar size in the US market ($USD14.16M).

Compensation vs Earnings: Joey's compensation has been consistent with company performance over the past year.


CEO

Joey Wat (53 yo)

7.2yrs
Tenure
US$14,222,077
Compensation

Ms. Joey Wat has been the Chief Executive Officer of Yum China Holdings, Inc. since March 1, 2018 and served as its President and Chief Operating Officer since February 7, 2017 until February 2018. Ms. Wat...


Leadership Team

NamePositionTenureCompensationOwnership
Joey Wat
CEO & Executive Director7.2yrsUS$14.22m0.18%
$ 29.3m
Adrian Ding
Chief Financial Officerless than a yearUS$1.72m0.012%
$ 1.9m
Leila Zhang
Chief Technology Officer7.2yrsUS$1.65m0.014%
$ 2.3m
Xueling Lu
Controller & Principal Accounting Officer7.3yrsno data0.0070%
$ 1.2m
Pingping Liu
Chief Legal Officer1.3yrsno data0.0037%
$ 616.2k
Jerry Ding
Chief People Officer1.8yrsno data0.00085%
$ 141.2k
Duoduo Huang
Chief Supply Chain Officer3.5yrsno data0.0050%
$ 837.1k
Chen Maggie
Chief Customer Officer1.3yrsno datano data
Hui Huang
Joint Company Secretary1yrno datano data
Ling Zhang
Joint Company Secretary1yrno datano data
Michelle Shen
Director of Investor Relationsno datano datano data
Florence Lip
Senior Director of Investor Relationsno datano datano data
1.5yrs
Average Tenure
50.5yo
Average Age

Experienced Management: YUMC's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Joey Wat
CEO & Executive Director7.8yrsUS$14.22m0.18%
$ 29.3m
Peter A. Bassi
Independent Non-Executive Director8.6yrsUS$360.00k0.015%
$ 2.5m
Edouard Ettedgui
Independent Non-Executive Director8.6yrsUS$347.50k0.014%
$ 2.3m
Rong Lu
Independent Non-Executive Director8.6yrsUS$337.50k0.016%
$ 2.6m
Robert Aiken
Director1yrUS$325.00k0.0033%
$ 541.5k
Zuliu Hu
Independent Non-Executive Chairman8.5yrsUS$560.00k0.019%
$ 3.1m
Mikel Durham
Independent Directorless than a yearUS$285.00k0.0012%
$ 197.6k
Zili Shao
Independent Non-Executive Director8.6yrsUS$352.50k0.013%
$ 2.1m
Min Zhang
Independent Non-Executive Director4yrsUS$367.50k0.0031%
$ 511.6k
Yang Wang
Independent Non-Executive Director7.8yrsUS$327.50k0.013%
$ 2.2m
David L. Hoffmann
Independent Director1.8yrsUS$332.50k0.0040%
$ 666.0k
Xiaojing Zhu
Independent Director2yrsUS$325.00k0.0027%
$ 456.8k
7.8yrs
Average Tenure
58.5yo
Average Age

Experienced Board: YUMC's board of directors are considered experienced (7.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/30 19:09
End of Day Share Price 2025/05/30 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Yum China Holdings, Inc. is covered by 60 analysts. 32 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hong Xing PanABCI Securities Company Limited
Edward LewisAtlantic Equities LLP
Sichao ChenBOCI Research Ltd.