China Yuchai Intl Ltd Stock Price, News & Analysis

China Yuchai International (NYSE: CYD), a leading powertrain solution manufacturer, has announced that its subsidiary Yuchai Foundry has begun shipping high-end cylinder head castings to a German customer. The initial shipment is part of a total order of 30,000 units.

The milestone demonstrates international recognition of Yuchai Foundry's product quality and its emergence as a global high-end castings supplier. The company achieved German technical standards through innovative use of special alloys and vermicular iron thermal analysis technology, ensuring precision, material quality, and performance in their production process.

China Yuchai International (NYSE: CYD) reported strong financial results for 1H 2025, with revenue increasing 34.0% to RMB 13.8 billion (US$ 1.9 billion). The company's total engine sales grew 29.9% to 250,396 units, outperforming the overall market. Notable achievements include a 44.3% increase in truck engine sales and 8.9% growth in bus engine sales, despite market declines in both segments.

Financial highlights include a 30.3% increase in gross profit to RMB 1.8 billion, a 42.3% rise in operating profit to RMB 621.7 million, and a 58.9% increase in profit for the period to RMB 534.8 million. The company maintained strong liquidity with cash and bank balances of RMB 7.8 billion (US$ 1.1 billion) while reducing borrowings.

The company expanded its global presence through production in Thailand and strategic cooperation in Vietnam, positioning itself for growth in ASEAN markets.

China Yuchai International (NYSE: CYD) has scheduled the release of its 2025 unaudited first-half year financial results on Friday, August 8, 2025, before market opening. The company will host a conference call and audio webcast at 8:00 A.M. EDT on the same day.

The earnings call will be led by President Weng Ming Hoh and CFO Choon Sen Loo, who will present the financial results followed by a Q&A session. Analysts and institutional investors can participate by registering through the provided link, while other interested parties can access the simultaneous webcast through the company's website.

China Yuchai International (NYSE: CYD) announced that shareholders approved all resolutions presented at the company's Annual General Meeting (AGM) held on July 8, 2025 in Singapore. The meeting addressed the items outlined in the Notice of Annual General Meeting dated July 8, 2025.

China Yuchai International (NYSE: CYD) has announced a cash dividend payment of US$0.53 per ordinary share for the fiscal year 2024. The dividend will be distributed on July 7, 2025, to shareholders who are recorded in the company's books at the close of business on June 25, 2025. This dividend declaration by the Board of Directors represents a direct return of value to CYD shareholders.

China Yuchai International (NYSE: CYD) has announced its Annual General Meeting scheduled for July 8, 2025, at 11:00 a.m. local time in Singapore. Key agenda items include adopting 2024 financial statements, increasing Directors' fees limit from US$250,000 to US$700,000, re-electing nine Directors, and re-appointing Ernst & Young LLP as auditors. Notable special business includes the establishment of the Company's 2025 Equity Incentive Plan, which will be administered by the Compensation Committee. The meeting is open to Members registered as of May 27, 2025, who can vote in advance via internet, telephone, or mail. Proxy forms must be submitted by July 6, 2025 (11:00 a.m. Singapore Time) or July 5, 2025 (11:00 p.m. Eastern Time).

China Yuchai International (NYSE: CYD) has announced the implementation of an equity incentive plan through its subsidiary Sky Cloud. The plan involves increasing Sky Cloud's registered capital by RMB 1.25 million, representing a 20% interest in the enlarged capital.

The plan will be executed in two phases: Phase One will distribute RMB 1,080,002 at RMB 1 per unit of registered capital, while Phase Two will be completed by June 30, 2027, at 80% of the latest audited net assets value or RMB 1, whichever is higher.

The equity interest will be granted to selected employees, directors, and senior officers through partnership vehicles, subject to lock-up restrictions. While the plan aims to motivate key employees and ensure long-term growth, the expected share-based expenses under IFRS are considered immaterial to China Yuchai's financial performance.

China Yuchai International (NYSE: CYD) has released its unaudited financial results for the second half and full year of 2024. For FY 2024, the company reported:

- Revenue growth of 6.0% to RMB 19.1 billion (US$ 2.7 billion)

- Gross profit increase of 10.8% to RMB 2.8 billion with a 14.7% gross margin

- Total engine sales up 13.7% to 356,586 units

- Basic and diluted EPS of RMB 8.21 (US$ 1.14), up 17.5%

The company outperformed the overall Chinese commercial vehicle market, which declined by 2.6% according to CAAM data. China Yuchai's joint ventures performed well, with profits increasing 63.6% to RMB 101.5 million, driven by MTU Yuchai. The company enhanced shareholder returns through a US$ 0.38 per share dividend and its first-ever share buyback program, repurchasing 3.3 million shares for US$ 39.8 million. The company is expanding its MTU Yuchai joint venture with additional engine models to address growing demand, particularly from data centers.

China Yuchai International (NYSE: CYD) has announced a strategic cooperation agreement with Kim Long Motor Hue, a subsidiary of Vietnam's FUTA Group. The agreement includes technology licensing, component supply, and support services for constructing an engine factory in Vietnam.

Under the 15-year agreement valued at US$28 million in licensing fees, Kim Long Motor receives exclusive rights to manufacture and sell specific Yuchai engine models in Vietnam, with priority sales rights in other ASEAN countries and South Korea. The engines will primarily serve trucks, buses, and commercial vehicles.

Yuchai will provide technical support for factory setup and supply all engine assembly parts and service kits for the Vietnamese production. The agreement represents a strategic move to expand Yuchai's presence in the ASEAN-Korean trade regions.