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China Yuchai International Limited (CYD) Second Half and Full Year 2023 Earnings Call Transcript

- Earnings Call to Begin at 8:00 A.M. EST - SINGAPORE , Feb. 13, 2024 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced today that it will be releasing its 2023 unaudited second half and full year financial results on Tuesday, February 27, 2024 before the market opens for trading.

Heavy duty truck sales in Mainland China are expected to grow by a mid-teens percentage this year based on third-party projections. The analysts are too bearish on CYD's prospects, forecasting a +9.9% top-line expansion in FY 2024 which is way below that of the industry's expected growth rate. I think that CYD stock is undervalued, as it currently trades at low-single-digit EV/EBITDA and mid-single-digit EV/EBIT multiples.

China Yuchai's key peer, Weichai Power, recently announced a positive earnings alert. Heavy duty truck sales volume in China jumped by +66% YoY in September 2023. CYD's new powertrain is expected to allow the company to win more orders associated with the agricultural end-market.

- Earnings Call to Begin at 8:00 A.M. EDT – SINGAPORE , July 27, 2023 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced today that it will be releasing its unaudited 2023 first half financial results on Thursday, August 10, 2023 before the market opens for trading.

China Yuchai International Limited is expected to resume positive top line expansion and witness meaningful profitability improvement for this year. But China Yuchai's current market capitalization is less than the company's net cash position.

- Earnings Call to Begin at 8:00 A.M. EST – SINGAPORE , Feb. 9, 2023 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced today that it will be releasing its 2022 unaudited second half and full year financial results on Thursday, February 23, 2023 before the market opens for trading.

China Yuchai International Limited (NYSE:CYD ) Q2 2022 Earnings Conference Call August 10, 2022 8:00 AM ET Company Participants Kevin Theiss - Head, IR Weng Ming Hoh - President Choon Sen Loo - CFO Conference Call Participants William Gregozeski - Greenridge Global Operator Ladies and gentlemen, thank you for standing by, and welcome to China Yuchai International Limited First Half 2022 Financial Results. [Operator Instructions] I would now like to turn the conference over to Kevin Theiss.

- Earnings Call to Begin at 8:00 A.M. EDT - SINGAPORE , July 27, 2022 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced today that it will be releasing its 2022 unaudited first half financial results on Wednesday, August 10, 2022 before the market opens for trading.

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