China Yuchai International Ltd.
China Yuchai International Ltd. is a holding company focused on engines and powertrain solutions for commercial and industrial applications. Through its main operating subsidiary, Guangxi Yuchai Machinery Company, the company manufactures, assembles, and distributes diesel and natural gas engines used in trucks, buses, passenger vehicles, construction and agricultural machinery, marine propulsion, and power generation equipment. Its broader business also includes related powertrain technologies and support services, with operations centered in China and additional activity through its HLGE segment in hospitality and property development. China Yuchai International Ltd. serves manufacturers and operators that rely on durable engine systems across transportation, infrastructure, agriculture, marine, and utility markets, making it an important participant in the region’s industrial equipment supply chain.
$25.49
+$0.19 (+0.75%)
Price from 2 days ago
Operating margin is thin at 3.97%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 28.9%, still solid.
Even for strong businesses, today's 12x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
11.9x earnings, 4.7x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
¥24.66B
▲ +28.9% YoY
Net Income (TTM)
¥811M
▲ +64.8% YoY
Op. Margin
3.97%
▲ +1.5pp YoY
ROIC
4.66%
▲ +2.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
¥2.07B
▲ +782.6% YoY
Op. Cash Flow (TTM)
¥2.72B
▲ +248.8% YoY
Net Debt
-¥5.75B
Net Cash Position
Cash & Equiv.
¥7.85B
3Y CAGR: +16.7%
Continue Research
Is China Yuchai International (CYD) overvalued?
At a P/E of 11.9 and a price-to-free-cash-flow of 4.7, China Yuchai International (CYD) trades below a two-stage DCF intrinsic value of about CNY 1,945.09 per share, so at CNY 25.49 the stock looks undervalued (7,530.8% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, China Yuchai International scores 88/100 on Intrinsiqq's quality scorecard (a high-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 0.3%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is China Yuchai International's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about CNY 1,945.09 per share for CYD, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around CNY 1,458.82. At today's CNY 25.49, that puts the stock about 7,530.8% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is China Yuchai International a high-quality business?+
China Yuchai International scores 88 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a high-quality business on these measures. Recent fundamentals include a 4.0% operating margin and a 4.7% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does China Yuchai International (CYD) pay a dividend, and how much?+
Yes, China Yuchai International pays a regular dividend of about CNY 0.53 per share per year (typically in quarterly installments), a yield of roughly 0.3% at the current price. That is a payout ratio of about 3.7% of earnings, so the dividend is amply covered by earnings. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For CYD's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is China Yuchai International a good stock to buy right now?+
That depends on valuation and quality together, not either alone. CYD currently trades below its estimated intrinsic value and scores 88/100 on quality (high-quality). It also yields about 0.3%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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