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CYD - China Yuchai: All Eyes On Earnings Outlook And Alternative Energy Ventures
October, 29 2021 07:49 AM
China Yuchai International Limited
CYD's 2H 2021 earnings outlook is poor, and this is validated by the recent downward revisions of its market consensus bottom line forecasts. China Yuchai has announced a number of new alternative energy ventures this year, and I have a mixed view of this. CYD is valued by the market at a forward FY 2022 P/E multiple of 5.6 times. For further details see:
China Yuchai: All Eyes On Earnings Outlook And Alternative Energy Ventures
Stock Information
Company Name:
China Yuchai International Limited
Stock Symbol:
CYD
Market:
NYSE
Website:
cyilimited.com
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