China Yuchai International Ltd. (CYD) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 21	—	$0.77	—	—	—	—
Q3 21	—	$0.34	—	—	—	—
Q2 21	—	$1.05	—	—	—	—
Q1 21	—	$0.96	—	—	—	—
Q4 20	—	$0.53	—	—	—	—
Q3 20	$2.64	$2.98	+12.9%	—	—	—
Q2 20	$4.34	$5.99	+38.0%	—	$6.5B	—
Q1 20	$2.01	$1.49	-25.9%	—	$3.4B	—
Q4 19	$2.23	$5.13	+130.0%	—	$5.7B	—
Q3 19	$3.17	$1.23	-61.2%	—	$3.3B	—
Q2 19	$4.9	$3.6	-26.5%	—	$4.9B	—
Q1 19	$4.98	$4.85	-2.6%	—	$4.2B	—
Q4 18	$2.38	$4.69	+97.1%	—	$4.5B	—
Q3 18	$3.88	$3.15	-18.8%	—	$3.2B	—
Q2 18	$4.68	$3.23	-31.0%	—	$4.2B	—
Q4 15	$2.7	$0.01	-99.6%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$14.3	—	—	$24.7B	—
FY24	—	$8.21	—	—	$19.1B	—
FY23	—	$6.99	—	—	$18B	—
FY22	—	$5.35	—	—	$2.3B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$13.6B	$16.2B	$16.3B	$18B	$20.6B	$21.3B	$2.3B	$18B	$19.1B	$24.7B
YoY change	-0.66%	+18.7%	+0.4%	+10.8%	+14.2%	+3.33%	-89.4%	+701.9%	+6.02%	+28.9%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	13.6B	16.2B	16.3B	18B	20.6B	21.3B	2.3B	18B	19.1B	24.7B
Cost of revenue	10.7B	12.8B	13.2B	14.9B	17.4B	18.5B	1.9B	15.5B	16.3B	20.6B
Gross profit	3B	3.4B	3.1B	3.1B	3.2B	2.8B	305M	2.5B	2.8B	4.1B
Gross margin	21.8%	20.7%	19%	17.2%	15.5%	13%	13.6%	14.1%	14.7%	16.5%
Research & development	588M	608.2M	447.7M	492.2M	626.5M	848.8M	117.4M	876.6M	984.7M	1.4B
Selling, general & administrative	1.5B	1.7B	1.6B	1.8B	1.8B	1.6B	162M	1.5B	1.8B	2.1B
Operating expenses	2B	2.2B	2B	2.2B	2.2B	2.2B	252.4M	2.2B	2.3B	3.1B
Operating income	941.1M	1.1B	1.1B	943.9M	1B	511.5M	52.6M	371.1M	469.5M	979M
Operating margin	6.9%	6.89%	6.9%	5.24%	4.92%	2.41%	2.34%	2.06%	2.45%	3.97%
Non-operating income, net	-22.2M	392.3M	24.6M	44M	-56.5M	-76M	-2.3M	146.3M	95.4M	122.4M
Pretax income	896.2M	1.5B	1.2B	1B	971.9M	451.7M	55.4M	571.4M	620.5M	1.1B
Income tax	160.3M	194.2M	206.7M	172.6M	192.5M	43.8M	8.3M	148.5M	128.8M	329.7M
Net income	736M	1.3B	974.4M	860.7M	779.3M	407.9M	47.1M	422.9M	491.7M	810.5M
Net margin	5.39%	8.15%	5.99%	4.78%	3.79%	1.92%	2.09%	2.34%	2.57%	3.29%
EBITDA	1.5B	1.7B	1.7B	1.6B	1.6B	1.1B	154.1M	1.2B	1.4B	1.9B
EPS	12.9	23.4	17	14.8	13.4	6.67	5.35	6.99	8.21	14.3
Diluted EPS	12.9	23.4	17	14.8	13.4	6.67	5.35	6.99	8.21	14.3

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 17	Q4 17	Q1 18	Q2 18	Q3 18	Q4 18	Q1 19	Q2 19	Q3 19	Q4 19	Q1 20	Q2 20
Revenue	3.8B	3.8B	4.3B	4.2B	3.2B	4.5B	4.2B	4.9B	3.3B	5.7B	3.4B	6.5B
Cost of revenue	3.1B	2.7B	3.5B	3.4B	2.6B	3.7B	3.4B	4.1B	2.8B	4.6B	2.9B	5.6B
Gross profit	725.5M	1.1B	853.5M	769M	607.7M	861.8M	761.3M	712.9M	524.1M	1.1B	529.9M	948.1M
Gross margin	19.2%	28.6%	19.7%	18.3%	19.1%	19%	18.3%	14.7%	15.8%	19.5%	15.5%	14.5%
Research & development	139.6M	231M	119.9M	156.5M	63.6M	107.7M	71.9M	110.5M	81.8M	228M	76M	137M
Selling, general & administrative	348.8M	590M	359.9M	371.8M	337M	485.8M	376.1M	408.9M	357.7M	663.2M	333.3M	424.1M
Operating expenses	437.7M	938.1M	429.3M	494.5M	356.5M	689.4M	404.1M	420.7M	348.2M	989M	365.3M	499.4M
Operating income	287.8M	142.4M	424.2M	274.5M	251.2M	172.4M	357.3M	292.2M	175.8M	118.6M	164.5M	448.7M
Operating margin	7.6%	3.77%	9.78%	6.53%	7.88%	3.8%	8.58%	6.01%	5.31%	2.09%	4.83%	6.85%
Non-operating income, net	5.6M	496.7M	7.7M	841K	6.1M	10M	3.9M	3.5M	-6.3M	42.9M	4.5M	1M
Pretax income	260.7M	720M	409.4M	245.7M	227.4M	298.6M	335.8M	263.3M	122.5M	311.7M	132.6M	423M
Income tax	46.4M	54.1M	81.2M	49M	48.1M	28.4M	62.4M	53.8M	36.5M	19.8M	40.3M	82.3M
Net income	214.3M	665.9M	328.2M	196.7M	179.3M	270.2M	273.4M	209.5M	86M	291.8M	92.3M	340.7M
Net margin	5.66%	17.6%	7.57%	4.68%	5.62%	5.96%	6.57%	4.31%	2.6%	5.14%	2.71%	5.2%
EBITDA	293.4M	740.2M	431.9M	275.3M	257.3M	324.9M	361.1M	295.7M	169.6M	333.8M	169M	449.7M
EPS	3.87	9.99	5.94	3.23	3.15	4.69	4.85	3.6	1.23	5.13	1.49	5.99
Diluted EPS	3.87	9.97	5.93	3.23	3.15	4.69	4.85	3.6	1.23	5.13	1.49	5.99

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	4B	7.1B	3.7B	3.9B	4.9B	4.4B	—	—	375M	1.3B	1.3B
Enterprise value	899.5M	2.8B	-307.5M	-55.2M	991.4M	1.5B	—	—	-3.4B	-4.4B	-4.4B
Shares outstanding	290.1M	295.6M	296.2M	296.2M	297.7M	297.7M	5.7M	40.8M	39.3M	37.5M	37.5M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	5.44	5.37	3.78	4.59	6.24	10.9	—	—	0.76	1.64	1.64
P/S	0.29	0.44	0.23	0.22	0.24	0.21	—	—	0.02	0.05	0.05
P/B	0.4	0.65	0.33	0.34	0.41	0.38	—	—	0.03	0.1	0.1
EV/EBITDA	0.62	1.68	-0.18	-0.03	0.62	1.38	—	—	-2.38	-2.33	-2.33
EV/Sales	0.07	0.17	-0.02	-0	0.05	0.07	—	—	-0.18	-0.18	-0.18
Earnings yield	18.4%	18.6%	26.4%	21.8%	16%	9.18%	—	—	131.1%	60.8%	60.8%
FCF yield	48%	15.9%	2.23%	8.08%	6.8%	-7.99%	—	—	62.4%	155.2%	155.2%

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	21.8%	20.7%	19%	17.2%	15.5%	13%	13.6%	14.1%	14.7%	16.5%	16.5%
Operating margin	6.9%	6.89%	6.9%	5.24%	4.92%	2.41%	2.34%	2.06%	2.45%	3.97%	3.97%
Net margin	5.39%	8.15%	5.99%	4.78%	3.79%	1.92%	2.09%	2.34%	2.57%	3.29%	3.29%
ROE	7.32%	12%	8.74%	7.44%	6.59%	3.51%	2.84%	3.47%	4%	6.29%	6.29%
ROA	3.97%	6.28%	4.5%	3.61%	2.96%	1.64%	1.39%	1.64%	1.82%	2.54%	2.54%
ROIC	11.1%	14.6%	12.9%	10.4%	10.2%	5.3%	3.51%	3.14%	4.35%	9.74%	9.74%
Return on tangible assets	4.09%	6.42%	4.68%	3.92%	3.34%	1.91%	1.65%	1.93%	2.12%	2.85%	2.85%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.7	1.71	1.72	1.55	1.48	1.43	1.52	1.59	1.55	1.39	1.39
Quick ratio	1.49	1.43	1.45	1.3	1.13	1.01	1.08	1.2	1.2	1.08	1.08
Debt / equity	0.09	0.15	0.18	0.18	0.19	0.19	0.2	0.21	0.21	0.16	0.16
Debt / assets	0.05	0.08	0.09	0.09	0.09	0.09	0.1	0.1	0.1	0.07	0.07
Net debt / EBITDA	-2.13	-2.59	-2.35	-2.5	-2.4	-2.6	-2.51	-2.74	-2.64	-3.03	-3.03
Interest coverage	12.9	16.8	11.9	9.15	7.6	5.04	5.34	6.98	9.38	21.5	21.5
Effective tax rate	17.9%	12.8%	17.5%	16.7%	19.8%	9.7%	15%	26%	20.8%	28.9%	28.9%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	47	54.8	54.9	60.8	69.1	71.4	392.4	441.8	486.3	657.2	657.2
EPS (basic)	12.9	23.4	17	14.8	13.4	6.67	5.35	6.99	8.21	14.3	14.3
EPS (diluted)	12.9	23.4	17	14.8	13.4	6.67	5.35	6.99	8.21	14.3	14.3
Book value per share	34.7	37.1	37.6	39.1	39.7	39	289.7	298.1	312.6	343.6	343.6
FCF per share	6.63	3.83	0.28	1.08	1.11	-1.19	-17.5	20	5.95	55.1	55.1
Cash per share	13.8	20.1	20.3	20.7	20.6	17.3	126.2	147.2	160.4	209.2	209.2
Capex per share	1.21	0.93	1.35	2.49	1.94	1.81	10.1	—	—	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	2.57%	1.69%	2.47%	4.09%	2.8%	2.53%	2.59%	—	—	—	—
Capex / operating cash flow	14.8%	24.7%	36.5%	146.9%	-84.1%	48.2%	64.8%	—	—	—	—
Payout ratio	16.1%	17.9%	61.3%	27.7%	31.5%	110%	32.7%	19%	20.7%	17.6%	17.6%
Dividend yield	2.95%	3.33%	16.2%	6.05%	5.05%	10.1%	—	—	27.1%	10.7%	10.7%

Yield

—

trailing twelve months

Frequency

Annual

Last dividend

$0.87

ex-dividend Jul 17, 2026

Payout ratio

18%

of earnings

Dividend growth

2 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 17, 2026	$0.87
Jun 25, 2025	$0.53
Aug 19, 2024	$0.38
Jul 28, 2023	$0.28
Jul 5, 2022	$0.40
Jun 28, 2021	$1.70
Jul 15, 2020	$0.85
Jul 10, 2019	$0.85

Period	Q3 17	Q4 17	Q1 18	Q2 18	Q3 18	Q4 18	Q1 19	Q2 19	Q3 19	Q4 19	Q1 20	Q2 20
Revenue	$3.8B	$3.8B	$4.3B	$4.2B	$3.2B	$4.5B	$4.2B	$4.9B	$3.3B	$5.7B	$3.4B	$6.5B
YoY change	+31.2%	+1.2%	-4.73%	+3.24%	-15.8%	+19.9%	-4.01%	+15.6%	+3.72%	+25.4%	-18.1%	+34.7%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	4B	5.9B	6B	6.1B	6.1B	5.1B	723.6M	6B	6.3B	7.9B
Receivables	7.5B	254.9M	440.9M	810.9M	300M	400M	255.8M	1.5B	1.6B	2.5B
Inventory	1.7B	2.6B	2.5B	2.8B	4.5B	5.2B	695.5M	4.7B	4.7B	5.6B
Total current assets	13.3B	16B	16.4B	17.4B	19.3B	17.8B	2.4B	19.2B	20.5B	25.2B
Property, plant & equipment	4.5B	4.2B	4.1B	4.6B	2.1B	2B	235M	1.2B	1.1B	1.2B
Goodwill & intangibles	525.5M	445.5M	837.3M	1.9B	3B	3.5B	526.4M	3.9B	3.8B	3.5B
Total assets	18.5B	21B	21.7B	23.9B	26.3B	24.9B	3.4B	25.8B	27B	32B
Accounts payable	6.6B	2.6B	2.9B	3.2B	3.6B	4.1B	640.5M	4.4B	4.8B	7.1B
Short-term debt	894.1M	1.6B	2B	2.1B	1.8B	2.1B	305M	1.9B	1.9B	2B
Total current liabilities	7.8B	9.4B	9.6B	11.2B	13.1B	12.4B	1.6B	12.1B	13.2B	18.1B
Long-term debt	16.3M	26.4M	15.1M	31.4M	517M	113.4M	32M	706M	668.3M	62M
Total liabilities	8.5B	10.1B	10.5B	12.3B	14.5B	13.3B	1.7B	13.6B	14.7B	19.1B
Shareholders' equity	10.1B	11B	11.1B	11.6B	11.8B	11.6B	1.7B	12.2B	12.3B	12.9B
Total debt	910.4M	1.6B	2B	2.1B	2.3B	2.2B	337.1M	2.6B	2.6B	2.1B
Net debt	-2.7B	-3.8B	-3.5B	-3.6B	-3.6B	-2.5B	-337.2M	-3.4B	-3.7B	-5.8B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 17	Q4 17	Q1 18	Q2 18	Q3 18	Q4 18	Q1 19	Q2 19	Q3 19	Q4 19	Q1 20	Q2 20
Cash & short-term investments	4.4B	5.9B	4.8B	6.5B	4.8B	6B	5.2B	6.7B	5.7B	6.1B	4.8B	6.6B
Receivables	9.5B	254.9M	8.9B	8.3B	8.9B	440.9M	8.7B	8.4B	8B	810.9M	8B	9.2B
Inventory	1.9B	2.6B	2.5B	2B	2.2B	2.5B	3B	2.3B	2.4B	2.8B	4.6B	4B
Total current assets	15.8B	16B	16.3B	—	—	16.4B	—	—	—	17.4B	—	—
Property, plant & equipment	—	4.2B	—	—	—	4.1B	—	—	—	4.6B	—	—
Goodwill & intangibles	—	445.5M	—	—	—	837.3M	—	—	—	1.9B	—	—
Total assets	15.8B	21B	16.3B	—	—	21.7B	—	—	—	23.9B	—	—
Accounts payable	5.4B	2.6B	5.4B	5.3B	4.8B	2.9B	5.2B	5.6B	5.3B	3.2B	7B	7.9B
Short-term debt	1.9B	1.6B	1.6B	—	—	2B	—	—	—	2.1B	—	—
Total current liabilities	—	9.4B	—	—	—	9.6B	—	—	—	11.2B	—	—
Long-term debt	—	26.4M	—	—	—	15.1M	—	—	—	31.4M	—	—
Total liabilities	549.2M	10.1B	741.7M	—	—	10.5B	—	—	—	12.3B	—	—
Shareholders' equity	8B	11B	8.5B	8.1B	8.2B	11.1B	8.6B	8.5B	8.6B	11.6B	8.9B	8.9B
Total debt	1.9B	1.6B	1.6B	—	—	2B	—	—	—	2.1B	—	—
Net debt	-2.5B	-3.8B	-3.2B	—	—	-3.5B	—	—	—	-3.6B	—	—

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	896.2M	1.5B	1.2B	1B	971.9M	451.7M	55.4M	571.4M	620.5M	1.1B
Depreciation & amortization	465.3M	431.8M	421.2M	465.2M	494.6M	573.6M	87.7M	665.1M	714.8M	712.4M
Stock-based compensation	5.3M	1.6M	0	0	—	—	0	0	7.8M	27.5M
Change in working capital	1B	-815.9M	-450.3M	-829.1M	-1.9B	559.4M	25M	-738.1M	-1.3B	-3.3B
Operating cash flow	2.4B	1.1B	1.1B	501.6M	-685.4M	1.1B	89.8M	1.2B	779.4M	2.7B
Capital expenditure	-350.8M	-273.8M	-401.1M	-736.9M	-576.5M	-537.5M	-58.2M	—	—	—
Investing cash flow	-630.3M	-35.2M	-45.1M	-470.2M	-457.3M	-576.5M	-13.8M	135.6M	519M	174.4M
Dividends paid	-118.2M	-235.9M	-597.5M	-238.8M	-245.9M	-448.7M	-15.4M	-80.2M	-101.6M	-142.9M
Share repurchases	—	—	—	—	—	—	0	0	-285.6M	0
Financing cash flow	-1.4B	388.1M	-341.5M	-450.3M	-313M	-722.8M	-6.3M	62.5M	-451.5M	-768M
Net change in cash	300.5M	1.5B	711.6M	-419M	-1.5B	-183M	69.8M	1.4B	846.9M	2.1B
Free cash flow	1.9B	1.1B	82.2M	319M	330.5M	-355M	-100.6M	818.6M	234.2M	2.1B

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

China Yuchai International Ltd. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement