China Yuchai International

Buybacks

China Yuchai approves US$40 mil share buyback plan

The company says it plans to fund the share buyback plan from its operating cash flow and its existing cash balance.

Broker's Calls

CGS International keeps Hong Leong Asia at 'add' on multi-prong growth ahead

Construction demand in Singapore is seen to remain 'robust' for the coming five years

New appointments

China Yuchai appoints Enteprise Singapore subsidiary advisor as its director

Wong's prior experience include positions in companies like General Motors and Singapore's EDB.

Geopolitics

Hong Leong Asia unit Guangxi Yuchai removed from US 'unverified list'

The company says it continues to “operate normally with no major supply chain impact”.
Hong Leong Asia unit Guangxi Yuchai included in US 'unverified list' - THE EDGE SINGAPORE

Geopolitics

Hong Leong Asia unit Guangxi Yuchai included in US 'unverified list'

As at Oct 16, Guangxi Yuchai’s business is operating normally with no major supply chain impact, says China Yuchai.

Broker's Calls

CGS-CIMB keeps 'add' rating for China Yuchai with reduced TP of US$13.60

The lower TP comes off the back of China Yuchai’s below expectation 1HFY2022 net profit of RMB94 million, 63% lower y-o-y.

Results

Hong Leong Asia sees 1HFY2022 earnings increase by 4.5% y-o-y to $42.6 mil

Looking ahead, the group is “cautiously optimistic” that its main business units will continue to remain resilient in the 2HFY2022
CGS-CIMB trims China Yuchai TP as 1H21 results fall below expectations - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB trims China Yuchai TP as 1H21 results fall below expectations

The New York Stock Exchange-listed company is charging towards “an electrified future”.

Results

China Yuchai to pay dividend of US$1.70 per share for FY2020

The dividend will be paid to shareholders on July 8.

Broker's Calls

DBS starts Hong Leong Asia at 'buy' on account of its promising growth story

Shares in Hong Leong Asia closed 3 cents higher or 3.1% up at 99.5 cents on June 7, or 0.8 times P/B, according to DBS’s estimates
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