Investor Takeaway
China Yuchai International (CYD) is an engine manufacturer that has declined in price severely since the start of the second quarter of 2019. This in return has caused a value play to emerge, as the equity is trading at a discount on several metrics compared to its industry. With no considerable debt on its balance sheet and a reliable dividend, CYD is the foreign dividend destination for U.S based investors. The current price level is a bargain as the company is undervalued.
Company Profile
Ch?na Yuchai International sells diesel and natural