China Yuchai International Ltd. Announces Cash Dividend and Upcoming AGM
In a significant move for shareholders, China Yuchai International Ltd. (NYSE: CYD), a leading powertrain solution provider in China, has declared a cash dividend of US$0.53 per ordinary share for the fiscal year ended December 31, 2024. This announcement, made on June 12, 2025, underscores the company’s robust financial health and commitment to returning value to its investors. The dividend will be distributed on July 7, 2025, to shareholders recorded as of June 25, 2025.
China Yuchai, through its subsidiary Guangxi Yuchai Machinery Company Limited (Yuchai), continues to dominate the diesel engine market in China. In 2024, Yuchai sold 356,586 engines, showcasing its extensive portfolio that includes diesel, natural gas, and new energy products such as pure electric, range extenders, hybrid engines, and fuel cell systems. This diverse product range, coupled with a strong distribution network, positions China Yuchai as a formidable player in the machinery sector.
Financially, China Yuchai International Ltd. has demonstrated resilience and growth potential. As of June 10, 2025, the company’s stock closed at $19.15, with a 52-week high of $26.1 and a low of $8.42. The market capitalization stands at approximately $5.09 billion, reflecting investor confidence in its strategic direction and operational capabilities. The price-to-earnings ratio of 16.62 further indicates a balanced valuation in the context of its industry peers.
Looking ahead, China Yuchai International Ltd. is set to convene its Annual General Meeting (AGM) on July 8, 2025, at the Caliche Board Room in Singapore. The AGM will address several key agenda items, including the adoption of audited financial statements for the year ended December 31, 2024, and an increase in the Directors’ fees limit from US$250,000 to US$700,000. Additionally, the meeting will see the re-election of several directors, ensuring continuity in leadership.
As China Yuchai International Ltd. navigates the evolving landscape of the machinery industry, its strategic initiatives and financial prudence position it well for sustained growth. Investors and stakeholders can look forward to further developments as the company continues to expand its footprint in both domestic and international markets.