The Zhitong Finance App learned that Zhongtai Securities released a research report stating that it will maintain Yum China (09987.HK)'s “increase in holdings” rating and profit forecast. In RMB terms, the bank expects the company's net profit to be 7.159 billion yuan, 7.921 billion yuan and 8.491 billion yuan respectively from 2026 to 2028, up 10%, 11% and 7% year-on-year, respectively. The corresponding valuations are 15.9 times, 14.4 times and 13.4 times, respectively. In the first three quarters of 2026, the company achieved revenue of US$9.886 billion, an increase of 10% over the previous year, and realized net profit of US$864 million to mother, an increase of 10% over the previous year. By the end of the third quarter, the total number of stores under the company was 19989, including 14,307 KFC, 4,740 Pizza Hut, and 942 other brands, accounting for 19% of franchisees.

Zhitongcaijing · 1d ago
The Zhitong Finance App learned that Zhongtai Securities released a research report stating that it will maintain Yum China (09987.HK)'s “increase in holdings” rating and profit forecast. In RMB terms, the bank expects the company's net profit to be 7.159 billion yuan, 7.921 billion yuan and 8.491 billion yuan respectively from 2026 to 2028, up 10%, 11% and 7% year-on-year, respectively. The corresponding valuations are 15.9 times, 14.4 times and 13.4 times, respectively. In the first three quarters of 2026, the company achieved revenue of US$9.886 billion, an increase of 10% over the previous year, and realized net profit of US$864 million to mother, an increase of 10% over the previous year. By the end of the third quarter, the total number of stores under the company was 19989, including 14,307 KFC, 4,740 Pizza Hut, and 942 other brands, accounting for 19% of franchisees.