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CYD

China Yuchai International NYSE:CYD Stock Report

Last Price

US$10.25

Market Cap

US$418.8m

7D

1.0%

1Y

-35.1%

Updated

24 May, 2022

Data

Company Financials +
CYD fundamental analysis
Snowflake Score
Valuation6/6
Future Growth3/6
Past Performance1/6
Financial Health5/6
Dividends3/6

CYD Stock Overview

China Yuchai International Limited, through its subsidiaries, manufactures, assembles, and sells diesel and natural gas engines for trucks, buses and passenger vehicles, marine, industrial, and agriculture applications in the People’s Republic of China and internationally.

China Yuchai International Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for China Yuchai International
Historical stock prices
Current Share PriceUS$10.25
52 Week HighUS$19.59
52 Week LowUS$8.70
Beta1.24
1 Month Change-5.44%
3 Month Change-22.29%
1 Year Change-35.09%
3 Year Change-26.52%
5 Year Change-43.02%
Change since IPO1.23%

Recent News & Updates

May 11
At US$9.49, Is It Time To Put China Yuchai International Limited (NYSE:CYD) On Your Watch List?

At US$9.49, Is It Time To Put China Yuchai International Limited (NYSE:CYD) On Your Watch List?

China Yuchai International Limited ( NYSE:CYD ), might not be a large cap stock, but it received a lot of attention...

Shareholder Returns

CYDUS MachineryUS Market
7D1.0%-2.1%-0.5%
1Y-35.1%-17.8%-12.3%

Return vs Industry: CYD underperformed the US Machinery industry which returned -19.3% over the past year.

Return vs Market: CYD underperformed the US Market which returned -12.9% over the past year.

Price Volatility

Is CYD's price volatile compared to industry and market?
CYD volatility
CYD Average Weekly Movement6.3%
Machinery Industry Average Movement5.6%
Market Average Movement7.8%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market2.9%

Stable Share Price: CYD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: CYD's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19518,924n/ahttps://www.cyilimited.com

China Yuchai International Limited, through its subsidiaries, manufactures, assembles, and sells diesel and natural gas engines for trucks, buses and passenger vehicles, marine, industrial, and agriculture applications in the People’s Republic of China and internationally. It operates through two segments, Yuchai and HLGE. The company provides diesel engines comprising 4- and 6-cylinder diesel engines, high horsepower marine diesel engines, and power generator engines, as well as natural gas engines, diesel power generators, diesel engine parts, and remanufacturing services; and generator sets, as well as plug in hybrid engines, range extenders, power generation powertrains, hybrid powertrains, integrated electric drive axel powertrains, and fuel cell systems.

China Yuchai International Fundamentals Summary

How do China Yuchai International's earnings and revenue compare to its market cap?
CYD fundamental statistics
Market CapCN¥2.78b
Earnings (TTM)CN¥272.67m
Revenue (TTM)CN¥21.27b

10.2x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CYD income statement (TTM)
RevenueCN¥21.27b
Cost of RevenueCN¥18.31b
Gross ProfitCN¥2.96b
Other ExpensesCN¥2.69b
EarningsCN¥272.67m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)6.67
Gross Margin13.92%
Net Profit Margin1.28%
Debt/Equity Ratio19.0%

How did CYD perform over the long term?

See historical performance and comparison

Dividends

15.7%

Current Dividend Yield

166%

Payout Ratio

Valuation

Is China Yuchai International undervalued compared to its fair value and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


49.2%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: CYD ($10.25) is trading below our estimate of fair value ($20.17)

Significantly Below Fair Value: CYD is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CYD is good value based on its PE Ratio (10.2x) compared to the US Machinery industry average (21.3x).

PE vs Market: CYD is good value based on its PE Ratio (10.2x) compared to the US market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: CYD is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: CYD is good value based on its PB Ratio (0.3x) compared to the US Machinery industry average (2.1x).


Future Growth

How is China Yuchai International forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


25.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CYD's forecast earnings growth (25.1% per year) is above the savings rate (1.9%).

Earnings vs Market: CYD's earnings (25.1% per year) are forecast to grow faster than the US market (12.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CYD's revenue is expected to decline over the next 3 years (-0.9% per year).

High Growth Revenue: CYD's revenue is forecast to decline over the next 3 years (-0.9% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CYD's Return on Equity is forecast to be low in 3 years time (6.1%).


Past Performance

How has China Yuchai International performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-11.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CYD has high quality earnings.

Growing Profit Margin: CYD's current net profit margins (1.3%) are lower than last year (2.7%).


Past Earnings Growth Analysis

Earnings Trend: CYD's earnings have declined by 11.4% per year over the past 5 years.

Accelerating Growth: CYD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CYD had negative earnings growth (-50.3%) over the past year, making it difficult to compare to the Machinery industry average (24%).


Return on Equity

High ROE: CYD's Return on Equity (3.5%) is considered low.


Financial Health

How is China Yuchai International's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CYD's short term assets (CN¥18.0B) exceed its short term liabilities (CN¥12.6B).

Long Term Liabilities: CYD's short term assets (CN¥18.0B) exceed its long term liabilities (CN¥848.5M).


Debt to Equity History and Analysis

Debt Level: CYD has more cash than its total debt.

Reducing Debt: CYD's debt to equity ratio has increased from 9.1% to 19% over the past 5 years.

Debt Coverage: CYD's debt is well covered by operating cash flow (22.9%).

Interest Coverage: CYD earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is China Yuchai International current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


15.74%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: CYD's dividend (15.74%) is higher than the bottom 25% of dividend payers in the US market (1.58%).

High Dividend: CYD's dividend (15.74%) is in the top 25% of dividend payers in the US market (4.11%)


Stability and Growth of Payments

Stable Dividend: CYD's dividend payments have been volatile in the past 10 years.

Growing Dividend: CYD's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (166.3%), CYD's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: CYD is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

8.8yrs

Average management tenure


CEO

China Yuchai International has no CEO, or we have no data on them.


Leadership Team

Experienced Management: CYD's management team is seasoned and experienced (8.8 years average tenure).


Board Members

Experienced Board: CYD's board of directors are considered experienced (9.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

China Yuchai International Limited's employee growth, exchange listings and data sources


Key Information

  • Name: China Yuchai International Limited
  • Ticker: CYD
  • Exchange: NYSE
  • Founded: 1951
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Implied Market Cap: US$418.797m
  • Shares outstanding: 40.86m
  • Website: https://www.cyilimited.com

Number of Employees


Location

  • China Yuchai International Limited
  • Hong Leong Building
  • 16 Raffles Quay No. 39-01A
  • Singapore
  • 48581
  • Singapore

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/24 00:00
End of Day Share Price2022/05/23 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.