China's Yuchai H2 revenue up 33.5% on engine sales

China Yuchai International

24/02/2026 11:13

Overview

China powertrain maker's H2 2025 revenue rose 33.5% yr/yr, driven by higher engine sales

Gross profit for H2 2025 increased 58.4% due to higher sales volume and sales mix

Operating profit for H2 2025 grew 193.1%, aided by lower SG&A expenses as a percentage of revenue

Outlook

Company did not provide specific future guidance

Result Drivers

ENGINE SALES GROWTH - Co saw a 28.7% increase in engine sales, driven by a 49.2% rise in truck and bus engine unit sales, outpacing market growth

SALES MIX IMPROVEMENT - Higher unit sales of heavy-duty and high-horsepower engines improved gross and operating margins

COST REDUCTION - Continuing cost reduction initiatives contributed to increased gross margin

Company press release: ID:nPn3hqg44a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
H2 Revenue
RMB 11.8 bln
H2 Gross Margin
18.9%
H2 Gross Profit
RMB 2.2 bln
H2 Operating Income
RMB 469.2 bln
H2 EPS
RMB 4.57


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"

Wall Street's median 12-month price target for China Yuchai International Ltd is $57.50, about 4.5% above its February 23 closing price of $55.03

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 17 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)