China Yuchai International (CYD) AI Stock Analysis

• Market Cap: $1.30B
• Dividend Yield: 1.47%
• Average Volume (3M): 164.20K
• Price to Earnings (P/E): 21.2
• Beta (1Y): 0.78
• Revenue Growth: 18.01%
• EPS Growth: 39.01%
• Country: US
• Employees: 8,930
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Industrial - Machinery
• EPS (TTM): 1.38
• Shares Outstanding: 37,518,322
• 10 Day Avg. Volume: 121,868
• 30 Day Avg. Volume: 164,203
• PEG Ratio: 0.49
• Price to Book (P/B): 0.30
• Price to Sales (P/S): 0.14
• P/FCF Ratio: 11.69
• Enterprise Value/Market Cap: 0.08
• Enterprise Value/Revenue: <0.01
• Enterprise Value/Gross Profit: 0.04
• Enterprise Value/Ebitda: 0.09
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 2.06
• Revenue Forecast (FY): $3.69B

• Rating: 60 Neutral
• Price Target: $36.00 ▲(1.93% Upside)

The overall stock score of 60 reflects a balanced financial performance with a strong balance sheet and moderate revenue growth. However, thin profit margins and declining free cash flow growth present challenges. Technical analysis shows mixed momentum, and the valuation indicates moderate pricing with limited dividend yield. The absence of earnings call data and corporate events did not impact the score.

Positive Factors

Strong Balance Sheet

A strong balance sheet with low leverage and stable equity provides financial stability, enabling the company to invest in growth opportunities and weather economic downturns effectively.

Revenue Growth

Consistent revenue growth indicates the company's ability to expand its market presence and adapt to changing market demands, supporting long-term business sustainability.

Improving Profitability

Improving profitability suggests enhanced operational efficiency and cost management, which can lead to higher returns for shareholders and reinvestment in business development.

Negative Factors

Thin Profit Margins

Thin profit margins can limit the company's ability to absorb cost increases or invest in new initiatives, potentially impacting long-term competitiveness and profitability.

Declining Cash Flow Growth

Declining cash flow growth may constrain the company's ability to fund operations, pay dividends, or invest in strategic initiatives, potentially affecting future growth prospects.

Volatility Risks

Revenue volatility can create uncertainty in financial planning and investment, posing risks to consistent growth and stability in the company's financial performance.

China Yuchai International Business Overview & Revenue Model

Company Description

China Yuchai International Limited (CYD) is a leading manufacturer of diesel engines in China, primarily focused on the production of high-performance engines for commercial vehicles, including trucks, buses, and construction machinery. The company operates through its subsidiary, Guangxi Yuchai Machinery Company Limited, which is one of the largest engine manufacturers in China. CYD's core products include a wide range of diesel engines that cater to various industrial applications, along with offering related services and components.

How the Company Makes Money

China Yuchai International generates revenue primarily through the manufacturing and sale of diesel engines and related products. The company benefits from multiple revenue streams, including the sales of engines for commercial vehicles, components, and aftermarket parts, as well as service contracts for maintenance and support. Key revenue drivers include strong domestic demand in China for commercial vehicles and machinery, as well as export opportunities to international markets. Additionally, partnerships with vehicle manufacturers and collaborations in technology development enhance CYD's market position and contribute to its earnings. The company also focuses on research and development to innovate and improve engine efficiency, which helps in maintaining a competitive edge and driving sales.

China Yuchai International Financial Statement Overview

Summary

China Yuchai International demonstrates a balanced financial performance with a strong balance sheet backed by low leverage and stable equity. The income statement reflects moderate revenue growth and improving profitability, though margins remain relatively thin. Cash flow management is an area of concern, with declining free cash flow growth rates. Overall, the company maintains a stable financial position with potential for improvement in profitability and cash flow generation.

Income Statement

The income statement shows a moderate growth trajectory with a revenue increase of 6.03% from 2023 to 2024. Gross profit margin remains healthy at 14.73%, though slightly lower than the previous year. Net profit margin improved to 1.69% in 2024, indicating better profitability, yet still relatively low. The EBIT margin is consistent at 3.12%, and the EBITDA margin is 6.35%, demonstrating stable operational performance. However, revenue fluctuations in previous years highlight potential volatility risks.

Balance Sheet

The balance sheet reflects a strong equity position with an equity ratio of 33.89%. The debt-to-equity ratio is low at 0.28, indicating minimal leverage and a healthy balance sheet structure. Return on equity improved to 3.52%, suggesting enhanced efficiency in generating returns on shareholders' investments. Overall, the balance sheet shows financial stability with limited debt exposure.

Cash Flow

Cash flow analysis indicates challenges in free cash flow growth, with a notable decrease compared to 2023. The operating cash flow to net income ratio is strong at 2.41, implying efficient cash generation relative to net profits. However, the free cash flow to net income ratio dropped to 0.72, highlighting potential constraints in cash availability for investments and dividends.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	19.13B	18.05B	16.03B	21.27B	20.58B
Gross Profit	2.82B	2.92B	2.19B	2.77B	3.19B
EBITDA	1.17B	1.33B	1.11B	1.14B	1.61B
Net Income	323.06M	285.52M	218.58M	272.67M	548.90M
Balance Sheet
Total Assets	27.05B	25.76B	24.14B	24.91B	26.29B
Cash, Cash Equivalents and Short-Term Investments	6.31B	6.01B	4.80B	5.15B	6.14B
Total Debt	2.57B	2.59B	2.40B	2.24B	2.27B
Total Liabilities	14.75B	13.58B	12.30B	13.29B	14.46B
Stockholders Equity	9.16B	9.23B	9.01B	8.86B	9.01B
Cash Flow
Free Cash Flow	234.18M	988.20M	-550.38M	-67.49M	830.69M
Operating Cash Flow	779.42M	1.23B	-119.42M	504.56M	1.42B
Investing Cash Flow	113.10M	-113.26M	-133.05M	-738.85M	-785.75M
Financing Cash Flow	-526.63M	-33.74M	-140.37M	-838.56M	-461.83M

China Yuchai International Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 35.32
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CYD, the sentiment is Positive. The current price of 35.32 is above the 20-day moving average (MA) of 35.30, below the 50-day MA of 36.57, and above the 200-day MA of 26.59, indicating a neutral trend. The MACD of -0.39 indicates Negative momentum. The RSI at 49.89 is Neutral, neither overbought nor oversold. The STOCH value of 42.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CYD.

China Yuchai International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CMI	72 Outperform	$69.04B	25.96	23.84%	1.46%	-1.78%	27.35%
JBTM	69 Neutral	$7.16B	―	-3.65%	0.28%	91.98%	-141.14%
NPO	64 Neutral	$4.54B	52.89	5.80%	0.55%	6.44%	101.24%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
MIDD	61 Neutral	$6.50B	―	-6.20%	―	0.27%	-159.24%
CYD	60 Neutral	$1.30B	21.24	4.73%	1.47%	18.01%	39.01%
GNRC	59 Neutral	$9.40B	31.70	12.38%	―	5.52%	9.03%

China Yuchai International Corporate Events

China Yuchai Boosts Stake in HL Global Enterprises

On November 4, 2025, China Yuchai International Limited announced that its subsidiary, Grace Star Services Ltd., increased its shareholding in HL Global Enterprises Limited from 48.90% to 49.11% by acquiring 200,000 shares. This strategic move enhances China Yuchai’s influence in HLGE, which operates the Copthorne Hotel Cameron Highlands in Malaysia, potentially strengthening its market position and stakeholder value.

China Yuchai Director Resigns Amid Investigation

On October 28, 2025, Guangxi Zhuang Autonomous Region authorities announced that Mr. Wu Qiwei, a former Director of China Yuchai International and its main operating subsidiary, is under investigation for serious violations of discipline and law. This development could impact the company’s governance and stakeholder confidence, as Mr. Wu has resigned from his positions amidst the investigation.

China Yuchai Announces Board Change Following Director Resignation

On October 28, 2025, China Yuchai International announced that Mr. Wu Qiwei resigned from his position as a Director of the company and its main operating subsidiary, Guangxi Yuchai Machinery Company Limited, effective October 27, 2025. This change reduces the Board of Directors to eight members, three of whom are independent directors. The resignation may impact the company’s governance structure and strategic direction, potentially affecting stakeholders and market perception.

China Yuchai Unveils Advanced YC16VTF Generator Engine

On October 24, 2025, China Yuchai International Limited announced the launch of its new YC16VTF generator engine, marking a significant advancement in high-speed, high-horsepower engines. This new engine, developed by Yuchai Marine and Genset Power Company Limited, features innovative design concepts that enhance performance and reduce weight, catering to the growing demand for reliable and environmentally friendly power solutions. The YC16VTF engine aligns with Yuchai’s strategic goals of leading the high-end marine and power generation markets and supports China’s ‘dual carbon’ strategy, thereby reinforcing its industry position and commitment to green transformation.

China Yuchai Reports Detention of Key Executives Amid Ongoing Operations

On October 20, 2025, China Yuchai International Limited reported that Wu Qiwei, a Director of the Company and President of its subsidiary Guangxi Yuchai Machinery Company Limited, along with former Chief Accountant Qin Xiaohong, were detained by Chinese authorities. Despite these developments, Yuchai’s operations continue uninterrupted under the leadership of Chairman Li Hanyang, with Vice President Chen Hai stepping in to assist in the President’s role. The detentions have not yet impacted the company’s daily business operations or its market positioning.