{
  "url": "https://struct.news/briefs/yum-china-grew-profit-but-its-inventory-grew-six-times-faster-than-sales",
  "title": "Yum China grew profit, but its inventory grew six times faster than sales",
  "summary": "Diluted shares fell 6.7%, helping EPS climb 20.7% even as cash declined 18.1%.",
  "published_at": "2026-08-10T10:06:56.540008+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Yum China Holdings, Inc.",
    "ticker": "YUMC",
    "cik": "1193125",
    "sector": "Consumer Cyclical",
    "industry": "Restaurants"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-10",
    "accession": "0001193125-26-341077",
    "url": "https://www.sec.gov/Archives/edgar/data/1673358/000119312526341077/yumc-20260630.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-11",
    "url": "https://www.sec.gov/Archives/edgar/data/1673358/000095017025106199/yumc-20250630.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 11797000000,
      "display": "$11.8B",
      "unit": "usd",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001193125-26-341077",
        "filing_date": "2026-08-10"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 4.370521100592772,
      "display": "+4.4%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001193125-26-341077",
        "filing_date": "2026-08-10"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": 10.934983470373824,
      "display": "+10.9%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001193125-26-341077",
        "filing_date": "2026-08-10"
      }
    }
  ],
  "watch_next": [
    {
      "type": "working_capital",
      "statement": "Inventory and accounts receivable grew faster than revenue in the latest three months, increasing the amount of capital tied up in operations.",
      "importance": "medium",
      "evidence": "Inventory growth exceeded revenue growth and inventory intensity increased.",
      "source_date": "2026-08-10"
    }
  ],
  "related_tickers": [
    "YUMC"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}