U.S. Markets open in 7 hrs 1 min

Blog Exposure - China Yuchai Achieves Record Export Sales in 2017; Anticipates Export Volumes to Grow in Future

Stock Monitor: Taylor Devices Post Earnings Reporting

LONDON, UK / ACCESSWIRE / January 25, 2018 / Active-Investors.com has just released a free research report on China Yuchai International Ltd (NYSE: CYD) ("China Yuchai"). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=CYD as the Company's latest news hit the wire. On January 23, 2018, the Company, which is a leading engine manufacturer and distributor for on- and off-road applications, announced through its main operating subsidiary, Guangxi Yuchai Machinery Co. Ltd ("GYMCL"), that it exported a record number of engines to the global market in 2017. According to China Yuchai, GYMCL exported 12,173 units to the global bus market, breaking down the 10,000-unit mark for the first time, hence establishing a record high for the Company. Register today and get access to over 1000 Free Research Reports by joining our site below:

www.active-investors.com/registration-sg

Active-Investors.com is currently working on the research report for Taylor Devices, Inc. (NASDAQ: TAYD), which also belongs to the Industrial Goods sector as the Company China Yuchai International. Do not miss out and become a member today for free to access this upcoming report at:

www.active-investors.com/registration-sg/?symbol=TAYD

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, China Yuchai International most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=CYD

The Announcement

China Yuchai stated that, among the units sold, sales of engine models YC6L and YC6MK exceeded 3,000 units, observing a surge of 64% over 2016. Also, the natural gas engine export sales advanced to over 2,500 units in 2017, representing an increase of over 300% from 2016. Additionally, over 1,200 engine units were exported for use in the passenger vehicle market, representing a y-o-y increase of 17%. The Company has recently leveraged its leading bus engines in China, and its global service network to meet the needs of bus Companies across multiple foreign markets, where China Yuchai anticipates the exports to grow in the future.

New Engine Launch

Recently, on January 12, 2018, China Yuchai, through GYMCL, announced that it launched 14 new engines compliant with China's far more stringent National VI emission standards. According to the Company, GYMCL's new National VI engines included 10 diesel and 4 natural gas engines with a power range from 100 to 650 horsepower among 3 platforms, namely S, K, and Y, which also symbolized the Company's commitment to developing clean and efficient engines.

China Yuchai has recently focused at launching engines that meet or exceed net generation emission standards, probably, in order to establish market leadership in the market for commercial vehicle engines in China, which is currently the largest Commercial Vehicles market in the world. Moreover, GYMCL signed strategic partnership agreements with 22 truck OEMs, and 8 bus OEMs, including Yutong Bus, along with 52 other key components suppliers.

Company Growth Prospects

China Yuchai, through GYMCL, engages in the manufacture, assembly, and sale of multiple equipment and applications in China. GYMCL also produces diesel power generators, where the engines produced by the Company ranges from diesel to natural gas and hybrid engines.

Prior to the announcement, on January 02, 2018, China Yuchai announced that its subsidiary, Guangxi Yuchai Machinery Monopoly Development Co. Ltd, acquired the remaining 49% equity interest in Hunan Yuchai Machinery Industry Co. Ltd from Hunan Chengwei, a leading Spare Parts Company. The consideration for the transaction was about RMB6.70 million, which was funded through cash and internal resources, according to the Company.

Stock Performance Snapshot

January 24, 2018 - At Wednesday's closing bell, China Yuchai International's stock rose 1.22%, ending the trading session at $27.48.

Volume traded for the day: 65.84 thousand shares.

Stock performance in the last month – up 10.23%; previous three-month period – up 19.84%; past twelve-month period – up 95.17%; and year-to-date - up 14.50%

After yesterday's close, China Yuchai International's market cap was at $1.09 billion.

Price to Earnings (P/E) ratio was at 9.30.

The stock has a dividend yield of 3.28%.

The stock is part of the Industrial Goods sector, categorized under the Diversified Machinery industry. This sector was flat at the end of the session.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors