Dongwu Securities: Maintains a "buy" rating for Yum China (09987.HK) Q3 store openings accelerate, same-store sales continue to grow positively.

According to the Wisdom Finance APP, Dongwu Securities released a research report stating that based on the performance in Q1-3, they have adjusted their revenue forecast for Yum China Holdings (09987.HK) for the years 2025-2027 to 11.7/12.4/13.1 billion US dollars, and adjusted their net profit forecast for the same years to 918/989/1,059 million US dollars. The current market value corresponds to a PE ratio of 17x/16x/15x for the years 2025-2027. They maintain a "buy" rating.