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China Yuchai International Limited

CYD

China Yuchai International Limited NYSE
$50.28 8.55% (+3.96)

Market Cap $1.89 B
52w High $56.55
52w Low $12.66
Dividend Yield 2.43%
Frequency Annual
P/E 28.57
Volume 567.19K
Outstanding Shares 37.52M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $11.57B $1.95B $168.43M 1.46% $4.48 $240.14M
Q2-2025 $6.9B $608.87M $182.9M 2.65% $4.87 $476.95M
Q4-2024 $4.41B $463.71M $41.36M 0.94% $1.09 $234.79M
Q3-2024 $4.41B $463.71M $41.36M 0.94% $1.09 $234.79M
Q2-2024 $5.15B $647.05M $120.17M 2.33% $2.94 $373.2M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $7.83B $25.27B $14.09B $9.4B
Q4-2024 $6.31B $27.05B $14.75B $9.16B
Q3-2024 $6.31B $27.05B $14.75B $9.16B
Q2-2024 $0 $0 $0 $9.48B
Q1-2024 $6.01B $0 $-12.18B $12.18B

What's financially strong about this company?

The company has a big cash cushion ($7.8B), very little debt, and almost all assets are tangible and liquid. Liquidity is excellent, and there are no hidden obligations.

What are the financial risks or weaknesses?

Receivables and payables have both surged, suggesting customers and the company are both delaying payments. Shareholder equity dropped, and working capital is under pressure.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $182.9M $0 $0 $0 $0 $0
Q4-2024 $41.36M $0 $0 $0 $0 $0
Q3-2024 $41.36M $0 $0 $0 $0 $0
Q2-2024 $120.17M $0 $0 $0 $0 $0
Q1-2024 $120.17M $0 $0 $0 $0 $0

Q1 2025 Earnings Call Summary

Read Call Summary

5-Year Trend Analysis

A comprehensive look at China Yuchai International Limited's financial evolution and strategic trajectory over the past five years.

+ Strengths

Key positives include a strong balance sheet with net cash and ample liquidity, consistent profitability, and solid cash generation that funds both reinvestment and shareholder returns. Competitively, CYD benefits from scale, brand recognition, a wide product range, deep OEM relationships, and an extensive service network. Its sizable and targeted R&D program, particularly in cleaner, alternative, and high‑horsepower powertrains, positions it to participate in long‑term shifts in the engine and power solutions market.

! Risks

Main concerns revolve around thin operating and net margins, high overhead costs, and a noticeable interest burden, which together leave less room for error if demand softens. Significant working capital tied up in receivables and inventory can strain cash in weaker periods. Strategically, the company faces intense competition and must manage the transition from traditional diesel to new energy technologies, where capital needs are high and outcomes are uncertain. Regulatory and economic cycles in its key end markets add further variability.

Outlook

Looking ahead, CYD appears financially resilient and strategically focused on adapting to an evolving landscape. Its strong balance sheet and positive free cash flow provide the resources to continue investing in technology and international expansion, while its entrenched domestic position offers a solid base of demand. The long‑term trajectory will likely hinge on its ability to lift margins through better cost management and a richer product mix, and to successfully commercialize new energy solutions fast enough to offset any gradual pressure on traditional engine lines.