Annotated balance sheet · halal screening

Yum China Holdings, Inc.

The full balance sheet for YUMC, with the line items that feed each halal check marked and explained inline. Read it like a financial report that grades itself.

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Annotated balance sheet · halal screening

Yum China Holdings, Inc. — Q1 2026

Source: SEC Form 10-Q filed 2026-03-31 · via FMP · USD millions · Open filing

Assets

Current Assets

Cash & cash equivalents①

$473

Marketable securities①

$956

Accounts receivable

$103

Inventories

$414

Other current assets

$373

Total current assets

$2,319

Non-current Assets

Property, plant & equipment, net②tangible

$4,745

Operating lease right-of-use assets②tangible

Long-term marketable securities①

$1,105

Goodwill

$1,990

Intangible assets, net

$149

Other non-current assets

$369

Total non-current assets

$8,358

TOTAL ASSETS

$10,837

CHECK ①

Cash + Securities Ratio

under AAOIFI

16.3%

✓ PASS

Threshold≤ 30%Buffer13.7 percentage points to spare

Breach risk

Comfortable

0%← Pass zone | Fail zone →45%

Caps how much of a company's value can be held in interest-bearing financial assets — too much suggests the business is more about earning interest than producing real goods/services.

SourceAAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds), §3.5.1

Liabilities

Current Liabilities

Accounts payable

$2,126

Other current liabilities

Deferred revenue

Commercial paper③interest-bearing

Short-term debt③interest-bearing

$20

Total current liabilities

$2,146

Non-current Liabilities

Long-term debt③interest-bearing

Other non-current liabilities

$162

Total non-current liabilities

$162

TOTAL LIABILITIES

$4,730

CHECK ③

Interest-bearing Debt Ratio

under AAOIFI

0.1%

✓ PASS

Threshold≤ 30%Buffer29.9 percentage points to spare

Breach risk

Comfortable

0%← Pass zone | Fail zone →45%

Caps how much of a company's value comes from interest-bearing loans. Companies that rely heavily on riba (interest-based debt) fail this check even if their business itself is permissible.

SourceAAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds), §3.4.2

Income Statement Excerpt (trailing 12 months)

Total revenue

$12,087

Of which:

Product & services revenue

$12,087

Interest income④non-permissible

$82

CHECK ④

Non-permissible Income Ratio

under AAOIFI

0.7%

✓ PASS

Threshold≤ 5%Buffer4.3 percentage points to spare

Breach risk

Comfortable

0%← Pass zone | Fail zone →8%

Caps what fraction of company revenue can come from non-permissible sources. If your stock passes but interest income is high, you'd 'purify' your share of that income through charity.

SourceAAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds), §3.6

Final verdict — under AAOIFI Standard

Halal

Sector check passes: ✓ yes

Want to verify against the primary document? Open full SEC filing

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