China Stock Profile – China Yuchai International Limited (CYD)1

Statistics for CYD:

P/E 18.9
Long Term EPS Growth NA
PEG Ratio NA
Net Margin 3%
Average Rating Value NA
Average Rating NA
Average Target Price NA
Current Price 8.24
Year to Date Performance 115%
Institutional Ownership 12.03%
Short Interest as % of Float 0.32%

Explanation of Terms

P/E - Price divided by Earnings

Long Term EPS Growth - Long-Term (next 3-5 years) EPS Growth Rate estimated by Wall Street analysts
PEG Ratio – P/E to Growth Ratio. Generally the lower the ratio the more attractive the stock
Net Margin – Net Profit divided by Revenue
Average Rating Value – Based on Ratings given by Wall Street analysts. Generally, the lower the value, the
higher the rating
Average Rating – Based on Ratings given by Wall Street analysts
Average Target Price – Based on Target Price given by Wall Street analysts
Current Price – Current Market Price of stock
Year to Date Performance – Year to Date Performance in Price of stock
Institutional Ownership - % of Shares held by Large Institutions
Short Interest as % of Float – Short Interest in the stock as a % of Equity Float

Chart of CYD

CYD Company Profile

CYD is involved in the manufacture, assembly, and sale of diesel engines China. The company offers light,
medium, and heavy-duty diesel engines; industrial diesel engines; diesel powered generators; and engine
spare parts. The company’s engines are used in trucks and buses, and in construction, agriculture, marine,
1
By H.U.
and G-drive. CYD distributes its engines to auto plants, agents, retailers, and end-users of diesel engines. It
also produces special vehicles, such as waste transfer equipment, constrictive dumpcarts, demountable
carriage dumpcarts, pendular dumpcarts, dumpcarts, adsorb dung vehicles, and tank cars. The company was
founded in 1951 and is based in Singapore.

Major Holders of CYD

TOP INSTITUTIONAL HOLDERS

Holder Shares % Out Value* Reported

Shah Capital Management 2,197,845 5.90 $10,395,806 31-Mar-09
RENAISSANCE TECHNOLOGIES, LLC 558,500 1.50 $2,641,705 31-Mar-09
TRELLUS MANAGEMENT COMPANY,
514,313 1.38 $2,432,700 31-Mar-09
LLC
FIRST WILSHIRE SECURITIES
248,374 .67 $1,174,809 31-Mar-09
MANAGEMENT INC
Invesco Ltd. 195,827 .53 $926,261 31-Mar-09
Norges Bank Investment Management 152,563 .41 $1,157,953 30-Sep-08
Wedbush Morgan Securities, Inc. 106,429 .29 $503,409 31-Mar-09
STATE STREET CORPORATION 104,463 .28 $494,109 31-Mar-09
BARCLAYS PLC 91,832 .25 $434,365 31-Mar-09
Susquehanna International Group, LLP 72,355 .19 $342,239 31-Mar-09

TOP MUTUAL FUND HOLDERS

Holder Shares % Out Value* Reported

Powershares Exhg Traded Fd-Powershares
106,969 .29 $842,915 30-Apr-09
Golden Dragon Halter
GABELLI VALUE FUND INC. (THE) 38,000 .10 $272,460 30-Jun-09
Powershares Exgh Traded Fd Tr-Powershares
21,473 .06 $169,207 30-Apr-09
Zacks Micro Cap Po
Schwab Capital Trust-Schwab Fundamental
14,000 .04 $110,320 30-Apr-09
U.S. Large Co Index
Powershares Exhg Traded Fd-Pwrshs FTSE
6,003 .02 $47,303 30-Apr-09
RAFI Industrials Sect
BIRMIWAL OASIS FD 5,000 .01 $23,650 31-Mar-09

Recent News Headlines for CYD

[July 13th] Motley Fool ranks CYD as a four star stock.

[June 23rd] CYD announced that its subsidiary, Guangxi Yuchai Machinery Company Limited (GYMCL), is
developing two new alternative energy diesel engines. One of these alternative engines is a new dual fuel
engine that uses a natural gas and diesel fuel mix which GYMCL is developing with a Shenzhen-based
company specializing in dual fuel technology. GYMCL is the first diesel engine manufacturer in China to
successfully develop a dual natural gas and diesel mix engine.
CYD Financial Statements

Income Statement PERIOD ENDING 31-Dec-08 31-Dec-07 31-Dec-06

Total Revenue 1,519,398 1,398,224 1,008,956
Cost of Revenue 1,252,728 1,113,684 823,491

Gross Profit 266,670 284,540 185,465

Operating Expenses
Research Development 25,953 22,407 24,442
Selling General and Administrative 152,353 139,231 116,900
Non Recurring - (230) (268)
Others - - -

Total Operating Expenses - - -

Operating Income or Loss 88,364 123,132 44,391

Income from Continuing Operations

Total Other Income/Expenses Net 978 7,836 5,665
Earnings Before Interest And Taxes 89,342 133,023 46,783
Interest Expense 21,505 18,325 17,129
Income Before Tax 67,837 114,698 29,654
Income Tax Expense 16,173 10,025 4,442
Minority Interest (14,726) (27,789) (8,987)

Net Income From Continuing Ops 36,938 76,884 16,225

Non-recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect Of Accounting Changes - - -
Other Items - - -

Net Income 36,938 76,884 16,225

Preferred Stock And Other Adjustments - - -

Net Income Applicable To Common Shares $36,938 $76,884 $16,225

Balance Sheet PERIOD ENDING 31-Dec-08 31-Dec-07 31-Dec-06
Assets
Current Assets
Cash And Cash Equivalents 101,464 76,222 108,751
Short Term Investments 23 - 1,974
Net Receivables 443,459 511,555 277,446
Inventory 329,226 240,983 228,191
Other Current Assets 15,596 4,646 13,700

Total Current Assets 889,768 833,406 630,062

Long Term Investments 122,737 163,903 167,433
Property Plant and Equipment 351,485 342,839 303,825
Goodwill 31,113 31,942 31,000
Intangible Assets - - -
Accumulated Amortization - - -
Other Assets 23,218 24,581 18,216
Deferred Long Term Asset Charges 2,845 4,901 10,164

Total Assets 1,421,166 1,401,572 1,160,700

Liabilities
Current Liabilities
Accounts Payable 553,334 563,032 407,852
Short/Current Long Term Debt 156,369 119,855 147,123
Other Current Liabilities 29,696 - 8,394

Total Current Liabilities 739,399 682,887 563,369

Long Term Debt 37,243 112,359 98,476
Other Liabilities - - -
Deferred Long Term Liability Charges - - -
Minority Interest 142,524 124,299 101,077
Negative Goodwill - - -

Total Liabilities 919,166 919,545 762,922

Stockholders' Equity
Misc Stocks Options Warrants - - -
Redeemable Preferred Stock - - -
Preferred Stock - - -
Common Stock 4,674 4,674 4,657
Retained Earnings 200,433 167,580 94,907
Treasury Stock - - -
Capital Surplus 247,611 247,601 246,716
Other Stockholder Equity 49,282 62,172 51,498

Total Stockholder Equity 502,000 482,027 397,778

Net Tangible Assets $470,887 $450,085 $366,778

Cash Flow Statement PERIOD ENDING 31-Dec-08 31-Dec-07 31-Dec-06

Net Income 36,938 76,884 16,225

Operating Activities, Cash Flows Provided By or Used In

Depreciation 39,012 32,673 20,828
Adjustments To Net Income 32,114 32,584 11,031
Changes In Accounts Receivables 72,220 (221,369) (33,399)
Changes In Liabilities 12,900 95,237 51,977
Changes In Inventories (88,232) (11,975) 15,053
Changes In Other Operating Activities (12,379) 8,337 10,737

Total Cash Flow From Operating Activities 92,573 12,371 92,452

Investing Activities, Cash Flows Provided By or Used In

Capital Expenditures (63,272) (38,811) (47,205)
Investments 19,686 13,084 (132,844)
Other Cashflows from Investing Activities 5,283 1,073 (8,014)

Total Cash Flows From Investing Activities (38,303) (24,654) (188,063)

Financing Activities, Cash Flows Provided By or Used In

Dividends Paid (8,686) (7,412) (4,224)
Sale Purchase of Stock 8,392 427 -
Net Borrowings (27,970) (12,777) 101,999

Total Cash Flows From Financing Activities (28,264) (19,762) 97,775

Effect Of Exchange Rate Changes (769) (874) (744)

Change In Cash and Cash Equivalents $25,237 ($32,919) $1,420

Reference

Yahoo Finance and China Analyst