• Yum China average pre-tax profit margin for 2023 was 10.72%, a 0.65% increase from 2022.
• Yum China average pre-tax profit margin for 2022 was 10.79%, a 20.01% decline from 2021.
• Yum China average pre-tax profit margin for 2021 was 13.49%, a 20.99% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.