Yuchai International (CYD, Financial) shares experienced a notable upward movement, surging 6.16%. The stock reached $12.75 per share with a trading volume of 32,743 shares and a turnover rate of 0.08%, exhibiting a 3.16% amplitude.
Recent financial results for Yuchai International reveal impressive metrics: revenue of $1.428 billion, net profit of $33.31 million, earnings per share (EPS) of $0.82, and a gross profit of $240 million. The stock's price-to-earnings (P/E) ratio stands at 10.66. Analysts are overwhelmingly positive, with both participating firms giving a buy recommendation.
Within the automotive manufacturing industry, where Yuchai International competes, the sector saw an overall decline of 1.03%. Other notable movers include Faraday Future Intelligent Electric Inc, Qiji Automotive, and Luobei, all demonstrating significant gains. Meanwhile, Mullen Automotive, Faraday Future, and NIO exhibited high trading activity, with turnover rates of 111.03%, 57.61%, and 9.18% respectively. Stocks with notable volatility included Faraday Future Intelligent Electric Inc, Newton Inc, and Thunder Power Holdings, with amplitudes of 55.91%, 28.06%, and 20.47% respectively.
Yuchai International operates through its subsidiary Guangxi Yuchai Machinery Company, focusing on manufacturing, assembling, and distributing diesel engines for various applications, mainly targeting the Chinese market. The company is a subsidiary of Singapore-based Hong Leong Asia.
