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| HSI1 | 26,629.96 | +44.90 | 234.86B |
| HSCEI1 | 9,114.30 | -8.65 | 89.86B |
| Back Zoom + Zoom - Block Traded | |
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2026-01-22 11:23:54 Goldman Sachs issued a research report forecasting YUM CHINA (09987.HK) will announce its 4Q25 results on 4 February. The broker projected quarterly sales/ restaurant profit/ operating profit to grow 5.7%/ 6.3%/ 9.1% YoY (or hike 4.3%/ 5%/ 7.8% excluding foreign exchange impacts). Goldman Sachs estimated its operating profit margin to expand slightly by 0.2 ppts YoY, primarily driven by modest savings in the general and administrative expense ratio. After accounting for the fair value change of Meituan, the broker predicted its net profit margin to expand by 0.3 ppts YoY, implying a 13% YoY increase in net profit. Goldman Sachs extended its valuation basis to 2026. Based on unchanged EV/ EVITDA of 11x for KFC/ 7x for Pizza Hut, the broker lifted its target prices for YUM CHINA's H-shares/ US stock from $436/ US$56 to $448/ US$57.5, with ratings kept at Buy. ~ AAStocks Financial News Website: www.aastocks.com | |