Yum China (NYSE: YUMC; HKEX: 9987) is China's largest restaurant company, spun off from Yum! Brands in October 2016 with exclusive rights to KFC and Pizza Hut in mainland China and more than 16,000 stores. This article shows what $1,000 invested 1, 3, or 5 years ago would be worth today, with dividends reinvested and CAGR.
KFC generates the bulk of revenue through breakfast, delivery, a huge membership programme, and localised menus. Pizza Hut is being turned around with value menus and smaller stores. Most stores are company-owned, supported by an in-house supply chain and digital ordering.
The shares rerated after the 2016 spin-off, hit records in early 2021 after a 2020 Hong Kong secondary listing, fell during lockdowns and restaurant price wars, then were supported by large buybacks, higher dividends, and continued store expansion.
Same-store sales, ticket size, food and labour costs, China's economic slowdown, food-safety incidents, and US–China tensions can all move the stock.
Note: Prices are split-adjusted; total return assumes cash dividends are reinvested. Excludes taxes, brokerage fees, and FX impact. Data updates daily.