J Capital Research

Independent Insight Provider

J Capital Research, a U.S. company, publishes highly diligenced research reports on publicly traded companies, relying on deep, on-the-ground primary research. J Capital has particular expertise in the Chinese market, but we look at over-valued companies throughout the world. As an activist short- and long-research shop, when we form a clear view, we publish free, public reports to inform the investing public and never disguise our identity. We believe the internet has afforded an opportunity to small, unaffiliated investors to leapfrog the big banks, with their conflicts of interest, and obtain unbiased information on traded companies. We pride ourselves on our independence and the quality of our work. We hope the work speaks for itself.

Equity Bottom-Up

China Yuchai International / Equity Bottom-Up

<ul>
<li>The truck and bus engine company China Yuchai (CYD) has seen its share price more than triple in a year.</li>
<li>Although the share price has shot up, CYD trades at around 7.5x EV/Ebitda, not high for a company whose earnings grew 66% in 2025, suggesting that the market may be skeptical about sustainability.</li>
<li>We certainly are.</li>
</ul>


The truck and bus engine company China Yuchai (CYD) has seen its share price more than triple in a year.
Although the share price has shot up, CYD trades at around 7.5x EV/Ebitda, not high for a company whose earnings grew 66% in 2025, suggesting that the market may be skeptical about sustainability.
We certainly are.


China Yuchai International Ltd (CYD): How Real Is It?

Singapore Market Roundup, Singapore Market Roundup

Singapore Market Roundup

Thematic (Sector/Industry)

<ul><li>RHB raises Starhill Global REIT's target price to 66 cents from 60 cents.</li><li>DBS eager for Coliwoo's asset conversion potential.</li><li>Analysts upgrade CDLHT after strong FY2025 results; Citi maintains 'sell' rating.</li></ul>

RHB raises Starhill Global REIT's target price to 66 cents from 60 cents.DBS eager for Coliwoo's asset conversion potential.Analysts upgrade CDLHT after strong FY2025 results; Citi maintains 'sell' rating.

Singapore Market Roundup (03-Feb-2026): RHB increases Starhill Global REIT's target price to 66

<ul>
<li>Analysts upgrade CDLHT after strong FY2025 results; Citi maintains 'sell' rating.      </li>
<li>CGS International starts coverage on Nam Cheong.</li>
<li>Maybank maintains 'buy' rating on Coliwoo amid ongoing expansion.</li>
</ul>


Analysts upgrade CDLHT after strong FY2025 results; Citi maintains 'sell' rating.      
CGS International starts coverage on Nam Cheong.
Maybank maintains 'buy' rating on Coliwoo amid ongoing expansion.


Singapore Market Roundup (02-Feb-2026): CDLHT upgraded post FY2025 results; Citi stays 'sell'.

<ul><li>Yoma Strategic's core earnings and cash flow come from its property business, says PhillipCapital.</li><li>Macquarie upgrades Sembcorp to 'outperform' and raises price target.</li><li>PhillipCapital downgrades Sats to 'neutral' but raises TP after removing exemption.</li></ul>

Yoma Strategic's core earnings and cash flow come from its property business, says PhillipCapital.Macquarie upgrades Sembcorp to 'outperform' and raises price target.PhillipCapital downgrades Sats to 'neutral' but raises TP after removing exemption.

Singapore Market Roundup (19-Dec-2025): Yoma Strategic's earnings stem from its property business.

<ul><li>SAC Capital gives Reclaims Global a 'buy' rating with a target of 49.7 cents.</li><li>JP Morgan raises DBS TP to $70; upgrades OCBC, SGX to 'overweight', UOB to 'neutral'.</li><li>UOB Kay Hian rates Soon Hock Enterprise as 'buy' with a target price of 68 cents.</li></ul>

SAC Capital gives Reclaims Global a 'buy' rating with a target of 49.7 cents.JP Morgan raises DBS TP to $70; upgrades OCBC, SGX to 'overweight', UOB to 'neutral'.UOB Kay Hian rates Soon Hock Enterprise as 'buy' with a target price of 68 cents.

Singapore Market Roundup (28-Nov-2025): SAC Capital rates Reclaims Global 'buy' at 49.7 cents.

Singapore

China Yuchai International Limited is a Bermuda investment holding company that, through its subsidiary, Guangxi Yuchai Machinery Company Limited, manufactures and sells a wide range of light-, medium-, and heavy-duty engines for various vehicles, industrial, marine, and power generation applications. It also develops electrical and hybrid powertrain solutions. The company was established in 1993 and is headquartered in Singapore.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

China Yuchai International (CYD US)

China Yuchai International Ltd (CYD): How Real Is It?

The truck and bus engine company China Yuchai (CYD) has seen its share price more than triple in a year. Although the share price has shot up, CYD...

J Capital Research

Singapore Market Roundup (03-Feb-2026): RHB increases Starhill Global REIT's target price to 66

RHB raises Starhill Global REIT's target price to 66 cents. DBS shows interest in Coliwoo's asset potential. Analysts upgrade CDLHT; Citi keeps...

Singapore Market Roundup

Singapore Market Roundup (02-Feb-2026): CDLHT upgraded post FY2025 results; Citi stays 'sell'.

Analysts upgrade CDLHT post strong FY2025 results; Citi keeps 'sell' on CDLHT. CGS starts Nam Cheong coverage, while Maybank maintains 'buy' on...

Singapore Market Roundup

Singapore Market Roundup (19-Dec-2025): Yoma Strategic's earnings stem from its property business.

Yoma Strategic's earnings stem from property, while Macquarie upgrades Sembcorp to 'outperform.' PhillipCapital downgrades Sats to 'neutral' but...

Singapore Market Roundup

Singapore Market Roundup (28-Nov-2025): SAC Capital rates Reclaims Global 'buy' at 49.7 cents.

SAC Capital rates Reclaims Global as 'buy' at 49.7 cents. JP Morgan raises DBS to $70; upgrades OCBC, SGX to 'overweight', UOB to 'neutral'. UOB...

Singapore Market Roundup

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)