Yum China Holdings YUMC Contract Liabilities

Contract Liabilities at other companies

Restaurant Brands InternationalQSR

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Prepaid Stored Value Products$148M+24.4%

Upfront Franchise Fees$56M+30.2%

Privilege Membership Programs$40M+17.6%

Customer Loyalty Programs$17M+30.8%

Revenue$3.3B+9.7%

Operating income$447.0M+12.0%

Net income$309.0M+5.8%

EPS (diluted)$0.87+13.0%

Cash & equivalents$473.0M-42.7%

Total debt$2.3B-2.3%

Total equity$5.4B-6.1%

Total assets$10.8B-1.5%

Operating cash flow$550.0M+21.7%

CapEx$144.0M+5.1%

Free cash flow$406.0M+28.9%

Market cap$14.87B-12.2%

Enterprise value$16.72B-9.9%

P/E15.7×-2.8×

P/S1.2×-0.3×

Gross margin24.4%—

Operating margin11.1%+0.6pp

Net margin7.8%-0.3pp

FCF margin8.3%+1.8pp

Return on equity16.9%+1.1pp

Debt / equity0.4×0.0×

Current ratio1×-0.2×