China Yuchai International Limited (CYD) Financial Ratios
29 years of historical data (1996–2024) · Industrials · Industrial - Machinery
EV/EBITDA
↓
6.85
—
5yr avg: N/A
30Y Low0.0·High5.6
P/FCF
↑
52.88
↑+5667% vs avg
5yr avg: 0.92
30Y Low0.1·High12.8
P/B Ratio
↓
1.06
↑+2649% vs avg
5yr avg: 0.04
30Y Low0.0·High0.4
ROE
↓
2.6%
-5% vs avg
5yr avg: 2.8%
30Y Low-21%·High19%
Debt/EBITDA
↑
2.04
+9% vs avg
5yr avg: 1.87
30Y Low0.3·High6.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CYD Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
China Yuchai International Limited trades at 40.2x earnings, 2717% above its 5-year average of 1.4x, sitting at the 100th percentile of its historical range. Compared to the Industrials sector median P/E of 25.6x, the stock trades at a premium of 57%. On a free-cash-flow basis, the stock trades at 52.9x P/FCF, 5667% above the 5-year average of 0.9x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.8B | $375M | $342M | $289M | $610M | $668M | $545M | $508M | $978M | $553M | $417M |
| Enterprise Value | $1.3B | $-3365295220 | $-3079504530 | $-1792572307 | $-1962207313 | $-2962999541 | $-3122206994 | $-3035486872 | $-2785587344 | $-2190805882 | $-602060846 |
| P/E Ratio → | 40.20 | 1.16 | 1.20 | 1.32 | 2.24 | 1.22 | 0.90 | 0.73 | 1.10 | 1.05 | 1.22 |
| P/S Ratio | 0.65 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.06 | 0.04 | 0.03 |
| P/B Ratio | 1.06 | 0.03 | 0.03 | 0.02 | 0.05 | 0.06 | 0.05 | 0.05 | 0.09 | 0.05 | 0.04 |
| P/FCF | 52.88 | 1.60 | 0.35 | — | — | 0.80 | 0.65 | 1.93 | 0.87 | 0.29 | 0.32 |
| P/OCF | 15.89 | 0.48 | 0.28 | — | 1.21 | 0.47 | 0.34 | 0.76 | 0.69 | 0.24 | 0.25 |
P/E links to full P/E history page with 30-year chart
CYD EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
China Yuchai International Limited's enterprise value stands at 6.9x EBITDA. The Industrials sector median is 13.8x, placing the stock at a 50% discount on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | -0.18 | -0.17 | -0.11 | -0.09 | -0.14 | -0.17 | -0.19 | -0.17 | -0.16 | -0.04 |
| EV / EBITDA | 6.85 | -2.67 | -2.42 | -1.57 | -1.59 | -1.77 | -1.94 | -1.78 | -1.30 | -1.53 | -0.48 |
| EV / EBIT | 14.48 | -6.63 | -4.62 | -3.69 | -3.48 | -2.65 | -2.69 | -2.35 | -1.73 | -2.26 | -0.75 |
| EV / FCF | — | -14.37 | -3.12 | — | — | -3.57 | -3.74 | -11.55 | -2.46 | -1.14 | -0.47 |
CYD Profitability
Margins and return-on-capital ratios measuring operating efficiency
China Yuchai International Limited earns an operating margin of 3.1%, roughly in line with the Industrials sector average. ROE of 2.6% is modest, trailing the sector median of 8.2%. ROIC of 5.0% represents adequate returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 14.7% | 14.7% | 16.2% | 13.7% | 13.0% | 15.5% | 17.3% | 19.2% | 20.8% | 21.8% | 20.4% |
| Operating Margin | 3.1% | 3.1% | 3.4% | 3.2% | 3.1% | 5.7% | 6.4% | 7.9% | 10.6% | 7.1% | 5.9% |
| Net Profit Margin | 1.7% | 1.7% | 1.6% | 1.4% | 1.3% | 2.7% | 3.4% | 4.3% | 5.9% | 3.8% | 2.5% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 2.6% | 2.6% | 2.4% | 1.9% | 2.3% | 4.7% | 5.3% | 6.3% | 9.1% | 5.3% | 3.7% |
| ROA | 1.2% | 1.2% | 1.1% | 0.9% | 1.1% | 2.2% | 2.7% | 3.3% | 4.8% | 2.8% | 1.8% |
| ROIC | 5.0% | 5.0% | 4.8% | 4.1% | 5.8% | 11.0% | 11.1% | 13.0% | 17.7% | 9.2% | 6.9% |
| ROCE | 4.3% | 4.3% | 4.6% | 4.1% | 5.2% | 9.1% | 9.3% | 10.8% | 15.4% | 9.3% | 7.7% |
CYD Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
China Yuchai International Limited carries a Debt/EBITDA ratio of 2.0x, which is manageable (37% below the sector average of 3.2x). The company holds a net cash position — cash of $6.3B exceeds total debt of $2.6B, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 8.1x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.21 | 0.21 | 0.21 | 0.20 | 0.19 | 0.19 | 0.18 | 0.18 | 0.15 | 0.09 | 0.26 |
| Debt / EBITDA | 2.04 | 2.04 | 2.03 | 2.10 | 1.81 | 1.35 | 1.29 | 1.18 | 0.76 | 0.64 | 1.95 |
| Net Debt / Equity | — | -0.30 | -0.28 | -0.18 | -0.22 | -0.31 | -0.32 | -0.32 | -0.34 | -0.27 | -0.11 |
| Net Debt / EBITDA | -2.97 | -2.97 | -2.68 | -1.82 | -2.08 | -2.17 | -2.28 | -2.08 | -1.75 | -1.92 | -0.81 |
| Debt / FCF | — | -15.97 | -3.46 | — | — | -4.37 | -4.40 | -13.48 | -3.33 | -1.43 | -0.79 |
| Interest Coverage | 8.06 | 8.06 | 15.82 | 5.71 | 5.94 | 8.02 | 8.70 | 11.34 | 17.08 | 12.14 | 6.92 |
Net cash position: cash ($6.3B) exceeds total debt ($2.6B)
CYD Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.55x means China Yuchai International Limited can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 1.20x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.55 | 1.55 | 1.59 | 1.52 | 1.43 | 1.48 | 1.55 | 1.72 | 1.71 | 1.70 | 1.50 |
| Quick Ratio | 1.20 | 1.20 | 1.20 | 1.08 | 1.01 | 1.13 | 1.30 | 1.45 | 1.43 | 1.49 | 1.30 |
| Cash Ratio | 0.48 | 0.48 | 0.50 | 0.43 | 0.41 | 0.47 | 0.55 | 0.63 | 0.63 | 0.51 | 0.40 |
| Asset Turnover | — | 0.71 | 0.70 | 0.66 | 0.85 | 0.78 | 0.76 | 0.75 | 0.77 | 0.74 | 0.73 |
| Inventory Turnover | 3.49 | 3.49 | 3.24 | 2.74 | 3.55 | 3.89 | 5.28 | 5.22 | 4.98 | 6.41 | 6.39 |
| Days Sales Outstanding | — | 176.70 | 169.51 | 154.85 | 117.73 | 143.76 | 158.53 | 166.77 | 160.81 | 200.48 | 190.87 |
CYD Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
China Yuchai International Limited returns 3.1% to shareholders annually — split between a 0.8% dividend yield and 2.3% buyback yield. The payout ratio of 31.5% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 2.5% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.8% | 27.1% | 23.4% | 37.9% | 73.6% | 36.8% | 43.8% | 100.0% | 24.1% | 21.4% | 34.1% |
| Payout Ratio | 31.5% | 31.5% | 28.1% | 50.2% | 164.6% | 44.8% | 39.5% | 85.9% | 24.7% | 22.9% | 41.6% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.5% | 86.1% | 83.4% | 75.6% | 44.7% | 82.2% | 111.1% | 136.8% | 90.8% | 95.0% | 81.9% |
| FCF Yield | 1.9% | 62.5% | 288.6% | — | — | 124.4% | 153.1% | 51.7% | 115.6% | 348.3% | 309.4% |
| Buyback Yield | 2.3% | 76.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 3.1% | 100.0% | 23.4% | 37.9% | 73.6% | 36.8% | 43.8% | 100.0% | 24.1% | 21.4% | 34.1% |
| Shares Outstanding | — | $39M | $41M | $41M | $41M | $41M | $41M | $41M | $41M | $40M | $39M |
Peer Comparison
Compare CYD with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 CYDYou | $2B | 40.2 | 6.9 | 52.9 | 14.7% | 3.1% | 2.6% | 5.0% | 2.0 |
 XPEV | $13B | -37.6 | — | 17.3 | 18.9% | -5.8% | -3.6% | -8.9% | — |
 LI | $13B | 86.1 | — | — | 18.7% | -0.9% | 1.5% | -2.6% | — |
 NIO | $12B | -5.1 | — | — | 13.6% | -16.9% | -111.1% | -52.7% | — |
 CMI | $99B | 35.0 | 21.0 | 41.5 | 25.3% | 11.5% | 23.0% | 16.1% | 1.6 |
 ALSN | $10B | 16.2 | 10.3 | 15.3 | 48.4% | 32.3% | 35.4% | 22.2% | 2.7 |
 PCAR | $63B | 26.4 | 14.1 | 20.7 | 16.2% | 10.4% | 12.9% | 12.2% | — |
 OSK | $67B | 13.9 | 57.8 | 107.7 | 16.9% | 9.1% | 14.9% | 13.5% | 1.3 |
 GT | $2B | -1.0 | 4.8 | — | 18.4% | 3.6% | -41.4% | 4.3% | 4.3 |
 BWA | $15B | 56.1 | 8.2 | 12.6 | 18.7% | 9.2% | 4.9% | 12.9% | 2.0 |
 DAN | $4B | 45.6 | 12.2 | 13.1 | 8.0% | 2.8% | 6.8% | 4.0% | 6.2 |
| Industrials Median | — | 25.6 | 13.8 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 29 years · Updated daily
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CYD — Frequently Asked Questions
Quick answers to the most common questions about buying CYD stock.
What is China Yuchai International Limited's P/E ratio?
China Yuchai International Limited's current P/E ratio is 40.2x. The historical average is 1.3x. This places it at the 100th percentile of its historical range.
What is China Yuchai International Limited's EV/EBITDA?
China Yuchai International Limited's current EV/EBITDA is 6.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 1.4x.
What is China Yuchai International Limited's ROE?
China Yuchai International Limited's return on equity (ROE) is 2.6%. The historical average is 6.2%.
Is CYD stock overvalued?
Based on historical data, China Yuchai International Limited is trading at a P/E of 40.2x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is China Yuchai International Limited's dividend yield?
China Yuchai International Limited's current dividend yield is 0.78% with a payout ratio of 31.5%.
What are China Yuchai International Limited's profit margins?
China Yuchai International Limited has 14.7% gross margin and 3.1% operating margin.
How much debt does China Yuchai International Limited have?
China Yuchai International Limited's Debt/EBITDA ratio is 2.0x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.