Latest news with #Yuchai
Yahoo
13 hours ago
- Automotive
- Yahoo
China Yuchai International to Pay US$0.53 Per Share Cash Dividend for FY2024
SINGAPORE, June 12, 2025 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai") announced today that a cash dividend of US$0.53 per ordinary share for the year ended December 31, 2024 has been declared by its Board of Directors. The cash dividend will be paid on July 7, 2025 to shareholders of record as of the close of business on June 25, 2025. About Us China Yuchai International Limited is one of the leading powertrain solution providers in China through its Guangxi Yuchai Machinery Company Limited ("Yuchai") subsidiary which specializes in the design, manufacture, assembly, and sale of a wide variety of light-, medium- and heavy-duty engines for trucks, buses, pickups, construction and agricultural equipment, as well as marine and power generation applications. In 2024, Yuchai sold 356,586 engines through its comprehensive portfolio of powertrain solutions, including but not limited to diesel and natural gas engines, and its expanding new energy products such as pure electric, range extenders, hybrid engines and fuel cell systems. Through its extensive network of regional sales offices and authorized customer service centers, Yuchai distributes its engines directly to original equipment manufacturers and distributors while providing after-sales services across China and in overseas markets. It is headquartered in Singapore with primary manufacturing facilities in Yulin City, Guangxi Zhuang Autonomous Region, People's Republic of China. For more information, please visit Safe Harbor Statement: This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe", "expect", "anticipate", "project", "targets", "optimistic", "confident that", "continue to", "predict", "intend", "aim", "will" or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that may be deemed forward-looking statements. These forward-looking statements including, but not limited to, statements concerning China Yuchai's and the joint venture's operations, financial performance and condition are based on current expectations, beliefs and assumptions which are subject to change at any time. China Yuchai cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors such as government and stock exchange regulations, competition, political, economic and social conditions around the world and in China including those discussed in China Yuchai's Form 20-Fs under the headings "Risk Factors", "Results of Operations" and "Business Overview" and other reports filed with the Securities and Exchange Commission from time to time. All forward-looking statements are applicable only as of the date they are made and China Yuchai specifically disclaims any obligation to maintain or update the forward-looking information, whether of the nature contained in this release or otherwise, in the future. For more information:Investor RelationsKevin TheissTel: +1-212-510-8922Email: cyd@ View original content: SOURCE China Yuchai International
Yahoo
19-05-2025
- Business
- Yahoo
Returns On Capital At China Yuchai International (NYSE:CYD) Paint A Concerning Picture
What underlying fundamental trends can indicate that a company might be in decline? More often than not, we'll see a declining return on capital employed (ROCE) and a declining amount of capital employed. This reveals that the company isn't compounding shareholder wealth because returns are falling and its net asset base is shrinking. So after we looked into China Yuchai International (NYSE:CYD), the trends above didn't look too great. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. The formula for this calculation on China Yuchai International is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.037 = CN¥508m ÷ (CN¥27b - CN¥13b) (Based on the trailing twelve months to December 2024). Therefore, China Yuchai International has an ROCE of 3.7%. Ultimately, that's a low return and it under-performs the Machinery industry average of 11%. Check out our latest analysis for China Yuchai International In the above chart we have measured China Yuchai International's prior ROCE against its prior performance, but the future is arguably more important. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for China Yuchai International . In terms of China Yuchai International's historical ROCE movements, the trend doesn't inspire confidence. To be more specific, the ROCE was 7.5% five years ago, but since then it has dropped noticeably. And on the capital employed front, the business is utilizing roughly the same amount of capital as it was back then. Since returns are falling and the business has the same amount of assets employed, this can suggest it's a mature business that hasn't had much growth in the last five years. So because these trends aren't typically conducive to creating a multi-bagger, we wouldn't hold our breath on China Yuchai International becoming one if things continue as they have. On a separate but related note, it's important to know that China Yuchai International has a current liabilities to total assets ratio of 49%, which we'd consider pretty high. This can bring about some risks because the company is basically operating with a rather large reliance on its suppliers or other sorts of short-term creditors. While it's not necessarily a bad thing, it can be beneficial if this ratio is lower. In the end, the trend of lower returns on the same amount of capital isn't typically an indication that we're looking at a growth stock. But investors must be expecting an improvement of sorts because over the last five yearsthe stock has delivered a respectable 76% return. In any case, the current underlying trends don't bode well for long term performance so unless they reverse, we'd start looking elsewhere. China Yuchai International does have some risks though, and we've spotted 2 warning signs for China Yuchai International that you might be interested in. If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-05-2025
- Automotive
- Yahoo
Why China Yuchai International Limited (CYD) Is Surging in 2025
We recently published an article titled Why These 15 Vehicles & Parts Stocks Are Surging In 2025. In this article, we are going to take a look at where China Yuchai International Limited (NYSE:CYD) stands against the other vehicles and parts stocks. Certain automotive companies have held up surprisingly well in the current environment, and that's especially true with companies that supply automotive parts. The high interest rate regime was supposed to crush automotive companies across the board, and early tariffs specifically targeted countries that produced the most automotive parts for the U.S. Even then. These stocks have done well since high interest rates have made it difficult for low-income consumers to buy new cars. Instead, they have opted for repairing their existing vehicles, which has been a tailwind for automotive parts companies for the past two years. The average age of vehicles was already at a record 12.6 years in 2024, so this tailwind isn't going away anytime soon. Customers who have higher incomes have kept on buying new vehicles. It is mostly because of them that consumer spending has held up across the board. Here are the biggest winners from this trend. Even during bear markets, there are pockets of the market that perform exceptionally well. For example, I identified 15 Financial Services Stocks that are up the Most in 2025 in another article. Methodology For this article, I screened the best-performing vehicles & parts stocks year-to-date. I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). Why China Yuchai International Ltd (CYD) Is Skyrocketing So Far In 2025? A worker in a factory suit inspecting the components of a diesel engine. China Yuchai International Limited (NYSE:CYD) Number of Hedge Fund Holders In Q4 2024: 6 China Yuchai International Limited (NYSE:CYD) is a holding company primarily engaged in manufacturing, assembling, and selling engines through its main subsidiary. The company reported its financial results for the second half and full year of 2024 on February 25, 2025. While revenue for the second half of 2024 was slightly down compared to the same period in 2023 at RMB 8.8 billion, gross profit increased by 14.3% to RMB 1.4 billion.
