YUMC241115P47500
- 0.32
- -0.33-50.77%
Yum China Newsroom
Is Yum China (YUMC) The Best Fast Food Stock To Invest In Right Now?
China Data Point to Gradual Improvement, but Tariff Risk Looms
"Smart money" is betting on china becoming a trend: In Q3, the prototype of the "big short" increased shareholding in Alibaba and other Chinese concepts, while the rising fund Keystone established positions in three major etfs.
In the third quarter, the fund under Michael Burry increased its shareholding in Alibaba by 0.045 million shares to nearly 0.2 million shares, doubled its hold positions in jd.com to 0.5 million shares, and increased its shareholding in baidu by 0.05 million shares to 0.125 million shares. At the end of the quarter, it held three Chinese concept stocks valued at 54 million dollars, accounting for 65% of the total fund's stock holdings. Meanwhile, the fund bought corresponding put options for these three Chinese concept stocks to hedge risks.
Guosen Securities: Holiday optimization effectively expands domestic demand, focusing on related travel industry chain and local consumption.
After the May Day holiday in 2023, the number of tourists in our country exceeded the same period in 2019, with the total number of holiday travelers accounting for 33% of the whole year, also significantly higher than the approximately 27% in 2019. It is expected that the trend of 'peak season getting busier' will continue.
On November 11, Yum China spent HKD 4.6955 million to repurchase 0.012 million shares.
Yum China (09987.HK) announced that on November 11, 2024, it spent 4.6955 million Hong Kong dollars to repurchase 0.012 million shares at a repurchase price of 381-395.2 Hong Kong dollars per share.
Yum China Grants Equity Awards to Employees and Directors
Yum China (09987.HK) granted a certain amount of equity incentives and ordinary shares.
Grant Thornton reported on November 11th that Yum China (09987.HK) announced that on November 6, 2024 (US time, i.e. "grant date"), the company granted a number of stock awards and common stock shares under the Yum China Holdings Co., Ltd. 2022 long-term incentive plan. Number of stock awards granted: 99,862; on the grant date, the company granted 451 shares to Mikel A. Durham under the 2022 long-term incentive plan. These shares serve as stock job positions for his role as a member of the Audit Committee and Compensation Committee from September 2024 to May 2025.
[Brokerage Focus] Industrial Securities maintains a 'buy' rating on Yum China (09987), bullish on the company's improving fundamentals in the long term.
Jingu Wealth News | Guotai Junan Securities' research report pointed out that Yum China (09987) achieved revenue of 3.07 billion US dollars in Q3 2024, a 5% year-on-year growth, with a net income attributable to shareholders of 0.3 billion US dollars, an increase of 22% year-on-year. The core operating profit was 0.37 billion US dollars, with an 18% year-on-year growth. Since 2024, the company has maintained active dividend payouts and repurchases. In the first three quarters, a total of 0.19 billion US dollars in dividends have been paid out, and 1.06 billion US dollars have been repurchased, returning a total of 1.24 billion US dollars to shareholders. The full-year budget is set at 1.5 billion US dollars. The company has announced a 3 billion US dollars dividend and repurchase plan for 2024 to 2026.
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Yum China | 10-Q: Q3 2024 Earnings Report
U.S. stock market anomaly | Core operation profit in the third quarter increased significantly by 18%. Yum China (YUMC.US) rose more than 3%.
On November 7, Yum China (YUMC.US) stock price fluctuated and rose, up 3.48% as of press time, closing at $51.565.
Yum China (09987.HK) spent $2.4 million on November 6th to repurchase 0.049 million shares.
November 7th, Blauhk announced that it repurchased 0.049 million shares for $2.4 million on November 6th.
[Brokerage Focus] Dongbei Securities maintains a 'buy' rating on Yum China (09987), indicating that same-store sales are expected to turn positive in Q4 due to the low base effect.
Jingu Financial News | Dongbei Securities issued a research report, yum china (09987) released the 2024Q3 financial report, with total revenue in Q3 reaching $3.07 billion / +4% excluding exchange rate impact, operating profit adjusted to $0.37 billion / +13% excluding exchange rate impact, net income adjusted to $0.3 billion / +19% excluding exchange rate impact, net margin adjusted to 9.7% / +1.2pct. Core financial indicators all exceeded market expectations. The bank stated that in Q3, the company opened a net total of 438 stores, including 352 new KFC/Pizza Hut/restaurants as well as a net closure of 16 other brand stores, with KFC reaching 11283 stores.
[Brokerage Focus] Guosen Securities maintains a "outperform the market" rating on Yum China (09987), citing its strong performance in same-store sales and new store expansion in the third quarter.
Jingu Finance News | Guosen Securities released a research report, yum china (09987) achieved revenue of 3.07 billion USD in the third quarter, up 5.4% with record high quarterly revenue; core operating profit of 0.369 billion USD, up 18.3%; adjusted net income of 0.297 billion USD, up 19.8%; revenue and profit growth rates compared to Q2 (revenue +1%/core operating profit +12%/adjusted net income +7%) continued to accelerate. In 2024Q3, raw materials/labor/rent rose by 0.6/-0.2/-0.3pct respectively year-on-year, leading to restaurant profit margin of 17.0% remaining flat year-on-year.
Express News | Shares of Restaurant Companies Are Trading Higher. Investors May Be Reacting to the US Presidential Election and Its Impact on Consumer Spending
DBS Maintains Yum China(YUMC.US) With Buy Rating, Maintains Target Price $63.08
Macquarie Maintains Yum China(YUMC.US) With Buy Rating, Raises Target Price to $54.03
Yum China Raised at JPMorgan as 'Fundamentals Bottoming Out'