CYD · NYSE · Auto - Parts

China Yuchai (CYD)

Builds engines and powertrain systems for commercial vehicles, equipment, marine uses, and power generation.

$35.07
After hours+0.03 (+0.10%)
At close$35.04(0.00%)
Loading prices…

China Yuchai International LimitedCYD
Consumer Discretionary

Operates through Yuchai, which supplies engines and powertrains to commercial-vehicle, industrial-equipment, marine, and power-generation markets. Combustion-engine products sit alongside natural-gas, alternate-fuel, electric, hybrid, range-extender, and fuel-cell systems.

Built around Yuchai, the company designs, manufactures, assembles, and sells engines for trucks, buses, pickups, construction and agricultural equipment, marine uses, and power generation. Its powertrain portfolio spans diesel, natural gas, alternate-fuel, pure-electric, range-extender, hybrid, and fuel-cell systems.

Manufacturing is concentrated in Yulin City, while Yuchai sells to OEMs and distributors through regional sales offices and authorized service centers in China and internationally. The listed holding company also has HL Global Enterprises as a significant Singapore subsidiary.

Control is concentrated with Hong Leong Asia through a major shareholding and special share. Yuchai remains the main operating asset and historic primary cash-flow source.

Company facts

CEOTak Chuen Lai
ListedDec 16, 1994
ExchangeNYSE
HeadquartersSingapore, Singapore
CountrySingapore
Employees9,189
CIK0000932695
ISINBMG210821051

Market cap$1.31B
EPS (ttm)$2.86
P/E (ttm)12.25
ROE7.3%
P/B0.8654
P/S0.3373
Dividend yieldDiv yield2.48%
Beta1.49vs XLY −0.41

Price target$60.00+70.5%Average of 2 analysts
ConsensusHold2 of 2 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jul 27, 2026CitigroupUpgrade
Rating:
Rating: Buy
Jan 6, 2026UBSTarget
Target:
Target: $60

EPSReportedEstimate

Mar '24May '24Aug '24Sep '24Feb '25Aug '25Feb '26Aug '26
Reported$0.41$0.19$0.81$0.16$0.30$1.36$0.65$2.18
Estimate$0.57$0.58$0.71$0.80$2.46
Surprise+41.7%−48.0%+92.1%−18.6%−11.4%

RevenueReportedEstimate

Mar '24May '24Aug '24Sep '24Feb '25Aug '25Feb '26Aug '26
Reported$712.5M$626.6M$1.42B$629.0M$1.21B$1.93B$1.68B$2.16B
Estimate$1.24B$1.27B$1.45B$2.05B$2.30B
Surprise+14.1%−4.7%+33.2%−18.0%−6.0%
Estimate$2.46
Reported$2.18−11.4%
Estimate$2.30B
Reported$2.16B−6.0%
View details

Debt to equity14.10%
Current ratio211.40%

ProfitabilityRevenueNet incomeNet margin

Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26
Revenue$663.4M$770.3M$770.3M$659.8M$659.8M$1.03B$1.73B$2.17B
Net income$8.0M$18.0M$18.0M$6.2M$6.2M$27.3M$25.2M$82.9M
Net margin1.2%2.3%2.3%0.9%0.9%2.6%1.5%3.8%

GrowthOperating income

Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26
Operating income$62.1M$32.7M$32.7M$12.0M$12.0M$46.5M$35.9M$123.9M
YoY growth+698.5%+12.7%+12.7%Turned profit−80.7%+42.3%+200.0%+166.6%

Balance sheet, Jun 30, 2026Cash & short-term investments $1.21B · Total debt $213.9M · Total assets $4.17B · Shareholders' equity $1.52B

Revenue
$2.17B
Operating income
$123.9M
Net income
$82.9M

Reported in CNY, converted at the latest exchange rate

View details

Dividend yield
2.48%
Next ex-date
Jul 17, 27
estimated · in 298 days
Annual dividend
$0.87
per share
Schedule
Annual
one payment a year

HistoryDividendAnnual yield

Jul '22Jul '23Aug '24Jun '25Jul '26
Dividend$0.40$0.28$0.38$0.53$0.87
Annual yield4.64%2.69%3.46%2.43%1.98%
Ex-dateJul 5Jul 28Aug 19Jun 25Jul 17
Payment dateJul 15Aug 7Aug 28Jul 7Jul 28
View details

Institutions≈ 22.60%8.48M ADS
126 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Strategic holders47.96%17.99M ADS
1 holder · as of Sep 18, 2020
Other≈ 29.44%11.04M ADS
remainder

37.52M ADS as of Aug 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count is from the company's Dec 2022 annual report; nothing newer is on file here.

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Hong Leong Asia Ltd. (“HLA”)Strategic
47.96%17.99Mfiled Sep 18, 2020
Shah Capital Opportunity Fund LPInstitution
10.16%3.81Mfiled Sep 3, 2024
Shah Capital ManagementInstitution
3.57%1.34M ADSas of Jun 30, 2026
Acadian Asset Management LLCInstitution
3.35%1.26M ADSas of Jun 30, 2026
Abrdn PLCInstitution
1.43%535,575 ADSas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 17, 2026Poh Kiat Neodirector−8,000$45.69
Aug 12, 2026Choon Sen Looofficer: Chief Financial Officer−13,200$46.95
View details

  • Cummins

    China joint ventures span commercial, industrial, and power-generation engines

CompareAfter hours

CompanyPriceChange
China Yuchai$35.07+0.10%$1.31B12.20.3+12.0%
Cummins$527.00+0.16%$73.79B27.315.92.1+9.4%
Median27.315.92.1+9.4%