开盘$49.00
昨收$49.77
当日区间$49.00 – $50.22
成交量2.32M
市值$16.83B
市盈率（TTM）17.3
股息率2.22%
基本面
最新报告季度：Q2, ended Jun 2026
营收$3.14B+12.6% YoY
营业利润$360.00M+14.3% YoY
净利润$264.00M+13.3% YoY
摊薄每股收益$0.70+20.7% YoY
自由现金流$299.00M+3.1% YoY
经营现金流$426.00M
营收，近8个季度
净利润，近8个季度
各季度摊薄每股收益
各季度自由现金流
年度营收
盈利能力与资产负债表
毛利率17.2%
营业利润率11.4%
净利率7.8%
净资产收益率17.5%
资产收益率8.9%
投入资本回报率11.8%
流动比率0.96
负债/资产比率44.2%
现金及投资$1.39B
总负债$1.86B
净现金（净负债）-$477.00M
自由现金流/营收7.6%
营收构成
2026/Q2 季度
按业务线
利润表
| 项目 | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| 报告营业总收入 | $3.14B | $3.27B | $11.80B | $2.82B | $3.21B |
| 营业总收入 | $3.14B | $3.27B | $11.80B | $2.82B | $3.21B |
| 营业成本 | $2.60B | $2.66B | $9.76B | $2.41B | $2.62B |
| 毛利润 | $537.00M | $615.00M | $2.04B | $409.00M | $582.00M |
| 营业费用 | $177.00M | $168.00M | $713.00M | $207.00M | $178.00M |
| 销售及管理费用 | $139.00M | $137.00M | $581.00M | $169.00M | $143.00M |
| -管理费用 | $139.00M | $137.00M | $581.00M | $169.00M | $143.00M |
| 其他营业费用 | $38.00M | $31.00M | $132.00M | $38.00M | $35.00M |
| 营业利润 | $360.00M | $447.00M | $1.33B | $202.00M | $404.00M |
| 非经营性利息净收入（支出） | $12.00M | $16.00M | $92.00M | $18.00M | $23.00M |
| 非经营性利息收入 | $12.00M | $16.00M | $92.00M | $18.00M | $23.00M |
| 其他收入（支出） | -$18.00M | -$11.00M | -$60.00M | -$14.00M | -$14.00M |
| 证券出售收益 | -$6.00M | -$11.00M | -$24.00M | $1.00M | -$10.00M |
| 特殊收益（费用） | -$12.00M | $0.00 | -$37.00M | -$15.00M | -$4.00M |
| -减：核销 | $12.00M | $0.00 | $37.00M | $15.00M | $4.00M |
| 税前利润 | $354.00M | $452.00M | $1.36B | $206.00M | $413.00M |
| 税费 | $92.00M | $123.00M | $369.00M | $56.00M | $114.00M |
| 权益法投资税后收益 | $2.00M | $2.00M | $15.00M | $3.00M | $6.00M |
| 净利润 | $264.00M | $331.00M | $1.00B | $153.00M | $305.00M |
| 持续经营利润 | $264.00M | $331.00M | $1.00B | $153.00M | $305.00M |
| 少数股东权益 | $20.00M | $22.00M | $75.00M | $13.00M | $23.00M |
| 归属母公司净利润 | $244.00M | $309.00M | $929.00M | $140.00M | $282.00M |
| 归属普通股股东净利润 | $244.00M | $309.00M | $929.00M | $140.00M | $282.00M |
| 基本每股收益 | $0.70 | $0.88 | $2.52 | $0.40 | $0.76 |
| 摊薄每股收益 | $0.70 | $0.87 | $2.51 | $0.40 | $0.76 |
| 每股股息 | $0.29 | $0.29 | $0.96 | $0.24 | $0.24 |
| 其他非经营性收入（支出） | – | – | $1.00M | $0.00 | – |
资产负债表
| 项目 | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| 总资产 | $10.87B | $10.84B | $10.78B | $10.78B | $11.03B |
| 流动资产合计 | $2.35B | $2.32B | $2.36B | $2.36B | $3.02B |
| 现金及现金等价物与短期投资 | $1.39B | $1.43B | $1.38B | $1.38B | $2.12B |
| -现金及现金等价物 | $485.00M | $473.00M | $506.00M | $506.00M | $648.00M |
| -短期投资 | $901.00M | $956.00M | $878.00M | $878.00M | $1.47B |
| 应收款 | $354.00M | $347.00M | $409.00M | $409.00M | $355.00M |
| -应收账款 | $115.00M | $103.00M | $95.00M | $95.00M | $86.00M |
| -应计应收利息 | $19.00M | $40.00M | $100.00M | $100.00M | $93.00M |
| -应收税款 | $159.00M | $147.00M | $142.00M | $142.00M | $124.00M |
| -其他应收款 | $61.00M | $57.00M | $72.00M | $72.00M | $52.00M |
| 预付资产 | $24.00M | $23.00M | $24.00M | $24.00M | $21.00M |
| 存货 | $459.00M | $414.00M | $438.00M | $438.00M | $389.00M |
| 其他流动资产 | $127.00M | $106.00M | $102.00M | $102.00M | $107.00M |
| 非流动资产合计 | $8.52B | $8.52B | $8.43B | $8.43B | $8.02B |
| 固定资产净值 | $4.86B | $4.87B | $4.85B | $4.85B | $4.58B |
| -固定资产原值 | $7.96B | $7.89B | $7.78B | $7.78B | $7.43B |
| -累计折旧 | -$3.10B | -$3.02B | -$2.92B | -$2.92B | -$2.85B |
| 投资及预付款 | $1.07B | $1.11B | $1.07B | $1.07B | $941.00M |
| -可供出售证券 | $591.00M | $616.00M | $750.00M | $750.00M | $405.00M |
| -持有至到期证券 | $150.00M | $151.00M | – | – | $228.00M |
| -长期股权投资 | $329.00M | $338.00M | $315.00M | $315.00M | $308.00M |
| 一年以上应收账款 | $14.00M | $14.00M | $14.00M | $14.00M | $13.00M |
| 一年以上预付资产 | $106.00M | $107.00M | $104.00M | $104.00M | $101.00M |
| 商誉及其他无形资产 | $2.27B | $2.24B | $2.21B | $2.21B | $2.18B |
| -商誉 | $2.02B | $1.99B | $1.96B | $1.96B | $1.93B |
| -其他无形资产 | $250.00M | $248.00M | $246.00M | $246.00M | $250.00M |
| 一年以上递延资产 | $174.00M | $166.00M | $162.00M | $162.00M | $154.00M |
| 其他非流动资产 | $24.00M | $20.00M | $18.00M | $18.00M | $52.00M |
| 负债合计 | $4.81B | $4.73B | $4.68B | $4.68B | $4.65B |
| 流动负债合计 | $2.44B | $2.30B | $2.25B | $2.25B | $2.28B |
| 应付款 | $1.18B | $1.11B | $933.00M | $933.00M | $1.06B |
| -应付账款 | $960.00M | $822.00M | $793.00M | $793.00M | $822.00M |
| -应付税款合计 | $107.00M | $158.00M | $89.00M | $89.00M | $139.00M |
| -应付股利 | $113.00M | $129.00M | $51.00M | $51.00M | $94.00M |
| 一年内应计费用 | $166.00M | $170.00M | $206.00M | $206.00M | $203.00M |
| 短期债务及融资租赁负债 | $499.00M | $463.00M | $468.00M | $468.00M | $453.00M |
| -一年内到期债务 | $66.00M | $20.00M | $30.00M | $30.00M | $29.00M |
| -一年内到期融资租赁负债 | $433.00M | $443.00M | $438.00M | $438.00M | $424.00M |
| 一年内递延负债 | $218.00M | $214.00M | $205.00M | $205.00M | $183.00M |
| 其他流动负债 | $171.00M | $170.00M | $173.00M | $173.00M | $162.00M |
| 非流动负债合计 | $2.37B | $2.43B | $2.44B | $2.44B | $2.36B |
| 长期应付账款及其他应付款 | $20.00M | $26.00M | $24.00M | $24.00M | $22.00M |
| 长期债务及融资租赁负债 | $1.80B | $1.85B | $1.87B | $1.87B | $1.81B |
| -长期融资租赁负债 | $1.80B | $1.85B | $1.87B | $1.87B | $1.81B |
| 一年以上递延负债 | $465.00M | $459.00M | $453.00M | $453.00M | $431.00M |
| 其他非流动负债 | $92.00M | $89.00M | $87.00M | $87.00M | $99.00M |
| 股东权益合计 | $6.06B | $6.11B | $6.10B | $6.10B | $6.39B |
| 股东权益 | $5.36B | $5.43B | $5.38B | $5.38B | $5.69B |
| 股本 | $3.00M | $4.00M | $4.00M | $4.00M | $4.00M |
| -普通股 | $3.00M | $4.00M | $4.00M | $4.00M | $4.00M |
| 资本公积 | $3.70B | $3.75B | $3.80B | $3.80B | $3.89B |
| 留存收益 | $1.70B | $1.79B | $1.76B | $1.76B | $2.05B |
| 减：库存股 | $13.00M | $13.00M | $28.00M | $28.00M | $10.00M |
| 不影响留存收益的损益 | -$25.00M | -$98.00M | -$157.00M | -$157.00M | -$239.00M |
| 少数股东权益 | $704.00M | $674.00M | $720.00M | $720.00M | $694.00M |
| 受限现金 | – | – | – | – | $28.00M |
现金流量表
| 项目 | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| 经营活动现金流 | $426.00M | $550.00M | $1.47B | $125.00M | $477.00M |
| 持续经营经营活动现金流净额 | $426.00M | $550.00M | $1.47B | $125.00M | $477.00M |
| 持续经营净利润 | $264.00M | $331.00M | $1.00B | $153.00M | $305.00M |
| 持续经营损益 | $4.00M | $9.00M | $9.00M | -$4.00M | $4.00M |
| 折旧、折耗与摊销 | $120.00M | $117.00M | $448.00M | $115.00M | $114.00M |
| 递延税款 | -$6.00M | -$3.00M | -$14.00M | -$4.00M | -$7.00M |
| 其他非现金项目 | $89.00M | $94.00M | $435.00M | $96.00M | $97.00M |
| 营运资金变动 | -$75.00M | -$11.00M | -$511.00M | -$263.00M | -$50.00M |
| -应收款变动 | -$10.00M | -$7.00M | -$11.00M | -$6.00M | $8.00M |
| -存货变动 | -$38.00M | $30.00M | -$14.00M | -$39.00M | -$27.00M |
| -预付资产变动 | $4.00M | $68.00M | -$51.00M | -$32.00M | -$11.00M |
| -应付账款及应计费用变动 | $54.00M | $0.00 | -$24.00M | -$76.00M | $81.00M |
| -其他流动负债变动 | -$85.00M | -$102.00M | -$411.00M | -$110.00M | -$101.00M |
| 投资活动现金流净额 | -$32.00M | -$233.00M | -$5.00M | $311.00M | -$26.00M |
| 持续经营投资活动现金流净额 | -$32.00M | -$233.00M | -$5.00M | $311.00M | -$26.00M |
| 资本支出 | -$127.00M | -$144.00M | -$626.00M | -$241.00M | -$126.00M |
| 业务购买及出售净额 | $0.00 | $0.00 | -$14.00M | $0.00 | $0.00 |
| 投资购置及出售净额 | $94.00M | -$90.00M | $633.00M | $550.00M | $102.00M |
| 其他投资变动净额 | $1.00M | $1.00M | $2.00M | – | – |
| 筹资活动现金流 | -$386.00M | -$353.00M | -$1.69B | -$582.00M | -$398.00M |
| 持续经营筹资活动现金流净额 | -$386.00M | -$353.00M | -$1.69B | -$582.00M | -$398.00M |
| 债务发行及偿还净额 | $45.00M | -$10.00M | -$100.00M | $0.00 | $29.00M |
| 普通股发行净额 | -$312.00M | -$218.00M | -$1.14B | -$452.00M | -$324.00M |
| 已付现金股利 | -$101.00M | -$102.00M | -$353.00M | -$85.00M | -$88.00M |
| 其他筹资费用净额 | -$18.00M | -$23.00M | -$92.00M | -$45.00M | -$15.00M |
| 期末现金余额 | $485.00M | $473.00M | $506.00M | $506.00M | $648.00M |
| 现金净变动 | $8.00M | -$36.00M | -$228.00M | -$146.00M | $53.00M |
| 期初现金余额 | $473.00M | $506.00M | $723.00M | $648.00M | $592.00M |
| 汇率变动影响 | $4.00M | $3.00M | $11.00M | $4.00M | $3.00M |
| 自由现金流 | $299.00M | $406.00M | $840.00M | -$116.00M | $351.00M |
暂无评论——快来第一个聊聊 YUMC。