Famed investors Sir John Templeton and Peter Lynch both touted the benefits of looking far afield for investing opportunities. China Yuchai International (CYD) is one such option currently offering up an entry amid a powerful rally.
The company operates through its majority-owned subsidiary Guangxi Yuchai Machinery Co., which makes, ****** embles, and distributes diesel engines. Its products are used in construction equipment, trucks and cars in China. This means its fortunes are strongly tied to those of the world's second-largest economy.
The stock's strong all-around performance has launched it to the summit of the heavy-duty trucks and parts industry group. The China stock currently holds a best-possible IBD Composite Rating of 99.
China Yuchai is strongest from a fundamental perspective, with the stock holding an Earnings Per Share Rating of 99. Unlike an average U.S.-based company, China Yuchai reports on a semiannual basis. The company switched from issuing quarterly financial reports in September 2020. It now serves up two reports per year.
Earnings have grown an average 102% over the past three periods. In its most recent report, at the end of February, EPS soared 120% to 33 cents as revenue climbed 41% to $853 million.
The company operates through its majority-owned subsidiary Guangxi Yuchai Machinery Co., which makes, ****** embles, and distributes diesel engines. Its products are used in construction equipment, trucks and cars in China. This means its fortunes are strongly tied to those of the world's second-largest economy.
The stock's strong all-around performance has launched it to the summit of the heavy-duty trucks and parts industry group. The China stock currently holds a best-possible IBD Composite Rating of 99.
China Yuchai is strongest from a fundamental perspective, with the stock holding an Earnings Per Share Rating of 99. Unlike an average U.S.-based company, China Yuchai reports on a semiannual basis. The company switched from issuing quarterly financial reports in September 2020. It now serves up two reports per year.
Earnings have grown an average 102% over the past three periods. In its most recent report, at the end of February, EPS soared 120% to 33 cents as revenue climbed 41% to $853 million.
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