China Property Plant And Equipment Net vs Net Debt Analysis

CYD Stock  USD 8.28  0.01  0.12%   
China Yuchai financial indicator trend analysis is way more than just evaluating China Yuchai Interna prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Yuchai Interna is a good investment. Please check the relationship between China Yuchai Property Plant And Equipment Net and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Yuchai International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

Property Plant And Equipment Net vs Net Debt

Property Plant And Equipment Net vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Yuchai Interna Property Plant And Equipment Net account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between China Yuchai's Property Plant And Equipment Net and Net Debt is -0.59. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Debt in the same time period over historical financial statements of China Yuchai International, assuming nothing else is changed. The correlation between historical values of China Yuchai's Property Plant And Equipment Net and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of China Yuchai International are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Property Plant And Equipment Net i.e., China Yuchai's Property Plant And Equipment Net and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from China Yuchai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Yuchai Interna current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Yuchai International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
As of May 8, 2024, Selling General Administrative is expected to decline to about 1.3 B. In addition to that, Tax Provision is expected to decline to about 120.4 M
 2021 2022 2023 2024 (projected)
Gross Profit3.0B2.6B2.9B2.6B
Total Revenue21.3B16.0B18.0B11.5B

China Yuchai fundamental ratios Correlations

0.840.540.140.890.950.27-0.330.80.90.450.41-0.280.460.90.66-0.22-0.360.940.430.570.430.240.290.770.6
0.840.480.290.770.820.39-0.40.870.770.560.41-0.260.570.890.57-0.1-0.40.790.460.720.390.180.190.960.72
0.540.48-0.120.50.30.160.170.220.450.160.270.320.130.540.31-0.060.350.750.180.280.87-0.010.550.36-0.1
0.140.29-0.120.40.20.58-0.790.43-0.050.80.670.210.780.220.250.66-0.310.020.230.8-0.260.67-0.590.450.48
0.890.770.50.40.810.61-0.560.690.790.670.750.020.680.840.540.21-0.360.830.280.780.390.39-0.080.70.55
0.950.820.30.20.810.25-0.420.850.820.460.35-0.490.480.860.6-0.25-0.530.80.430.550.230.230.150.780.73
0.270.390.160.580.610.25-0.590.170.180.580.940.260.610.53-0.180.79-0.20.2-0.30.670.060.09-0.610.30.24
-0.33-0.40.17-0.79-0.56-0.42-0.59-0.52-0.19-0.93-0.67-0.13-0.95-0.3-0.25-0.60.31-0.17-0.07-0.830.08-0.540.59-0.49-0.49
0.80.870.220.430.690.850.17-0.520.720.630.28-0.390.630.70.8-0.21-0.570.680.680.720.140.510.120.940.87
0.90.770.45-0.050.790.820.18-0.190.720.310.29-0.230.330.760.67-0.3-0.310.890.40.460.380.190.350.660.5
0.450.560.160.80.670.460.58-0.930.630.310.70.271.00.420.420.56-0.190.380.210.940.190.6-0.380.650.48
0.410.410.270.670.750.350.94-0.670.280.290.70.360.710.550.070.77-0.170.36-0.10.780.150.37-0.540.370.26
-0.28-0.260.320.210.02-0.490.26-0.13-0.39-0.230.270.360.24-0.28-0.140.640.69-0.04-0.260.210.350.22-0.1-0.27-0.59
0.460.570.130.780.680.480.61-0.950.630.331.00.710.240.440.390.56-0.220.380.180.940.170.57-0.40.650.49
0.90.890.540.220.840.860.53-0.30.70.760.420.55-0.280.440.37-0.03-0.40.820.210.60.340.020.140.770.6
0.660.570.310.250.540.6-0.18-0.250.80.670.420.07-0.140.390.37-0.35-0.30.660.880.510.220.720.340.680.57
-0.22-0.1-0.060.660.21-0.250.79-0.6-0.21-0.30.560.770.640.56-0.03-0.350.16-0.22-0.420.5-0.070.23-0.73-0.09-0.15
-0.36-0.40.35-0.31-0.36-0.53-0.20.31-0.57-0.31-0.19-0.170.69-0.22-0.4-0.30.16-0.09-0.34-0.290.48-0.240.41-0.45-0.88
0.940.790.750.020.830.80.2-0.170.680.890.380.36-0.040.380.820.66-0.22-0.090.410.520.630.210.480.690.37
0.430.460.180.230.280.43-0.3-0.070.680.40.21-0.1-0.260.180.210.88-0.42-0.340.410.330.080.660.310.620.58
0.570.720.280.80.780.550.67-0.830.720.460.940.780.210.940.60.510.5-0.290.520.330.190.62-0.310.780.59
0.430.390.87-0.260.390.230.060.080.140.380.190.150.350.170.340.22-0.070.480.630.080.19-0.090.510.28-0.21
0.240.18-0.010.670.390.230.09-0.540.510.190.60.370.220.570.020.720.23-0.240.210.660.62-0.09-0.230.390.42
0.290.190.55-0.59-0.080.15-0.610.590.120.35-0.38-0.54-0.1-0.40.140.34-0.730.410.480.31-0.310.51-0.230.13-0.22
0.770.960.360.450.70.780.3-0.490.940.660.650.37-0.270.650.770.68-0.09-0.450.690.620.780.280.390.130.8
0.60.72-0.10.480.550.730.24-0.490.870.50.480.26-0.590.490.60.57-0.15-0.880.370.580.59-0.210.42-0.220.8
Click cells to compare fundamentals

China Yuchai Account Relationship Matchups

China Yuchai fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.9B26.3B25.1B24.9B25.8B14.1B
Short Long Term Debt Total2.1B2.3B2.2B2.4B2.6B1.6B
Other Current Liab3.0B3.0B2.6B(2.8B)5.1B5.4B
Total Current Liabilities11.2B13.1B12.6B6.9B12.1B6.5B
Total Stockholder Equity8.8B9.0B8.9B9.0B9.2B5.4B
Property Plant And Equipment Net4.6B4.6B4.5B27K3.9B3.0B
Net Debt(3.6B)(3.6B)(2.5B)2.4B(3.4B)(3.3B)
Retained Earnings6.5B6.8B6.6B6.7B6.8B7.2B
Accounts Payable5.7B7.5B7.4B6.9B4.4B3.6B
Cash5.8B5.9B4.8B16K6.0B6.3B
Non Current Assets Total6.5B7.0B7.1B47K6.6B4.2B
Non Currrent Assets Other143.0M133.5M152.6M(175.0M)126.7M176.5M
Cash And Short Term Investments6.1B6.1B5.1B16K6.0B6.3B
Net Receivables8.1B8.4B7.5B7.2B8.4B4.8B
Liabilities And Stockholders Equity23.9B26.3B25.1B24.9B25.8B14.5B
Inventory2.8B4.5B5.2B4.9B4.7B4.9B
Other Current Assets321.1M255.8M164.2M(7.2B)105.5M110.8M
Other Stockholder Equity(105.4M)(161.4M)(140.8M)(65.0M)(38.7M)(36.7M)
Total Liab12.3B14.5B13.5B13.8B13.6B7.5B
Property Plant And Equipment Gross4.6B4.6B9.9B10.1B10.1B10.6B
Total Current Assets17.4B19.3B18.0B4.9B19.2B20.1B
Accumulated Other Comprehensive Income335.0M337.9M339.9M331.5M363.5M381.7M
Short Term Debt2.1B1.8B2.1B2.2B1.9B1.3B
Intangible Assets741.5M1.3B1.5B12K1.7B1.8B
Non Current Liabilities Total1.1B1.4B848.5M6.9B1.5B1.1B
Current Deferred Revenue383.2M868.5M573.6M618.0M639.5M369.0M
Other Assets1.1B1.6B1.5B20.0B23.0B24.1B
Long Term Debt0.0500M100M200M690M724.5M
Short Term Investments365.8M265.0M357.9M351.6M467.1M282.2M
Property Plant Equipment3.8B4.6B4.6B4.5B5.2B5.5B
Other Liab936.0M1.0B889.4M735.1M845.4M443.4M
Net Tangible Assets8.2B8.4B8.6B8.1B9.3B7.7B
Deferred Long Term Liab195.9M699.0M1.2B1.1B1.3B1.4B
Long Term Investments325.9M369.5M263.6M175.0M237.5M214.1M
Short Long Term Debt2.1B1.7B2.1B2.1B1.9B1.8B
Long Term Debt Total15.1M31.4M517.0M113.4M130.4M113.1M

Pair Trading with China Yuchai

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China Yuchai position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China Yuchai will appreciate offsetting losses from the drop in the long position's value.

Moving together with China Stock

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Moving against China Stock

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The ability to find closely correlated positions to China Yuchai could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Yuchai when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back China Yuchai - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling China Yuchai International to buy it.
The correlation of China Yuchai is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as China Yuchai moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Yuchai Interna moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for China Yuchai can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether China Yuchai Interna is a strong investment it is important to analyze China Yuchai's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact China Yuchai's future performance. For an informed investment choice regarding China Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Yuchai International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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Is China Yuchai's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of China Yuchai. If investors know China will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about China Yuchai listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.14)
Earnings Share
0.97
Revenue Per Share
441.681
Quarterly Revenue Growth
0.189
Return On Assets
0.0095
The market value of China Yuchai Interna is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Yuchai's value that differs from its market value or its book value, called intrinsic value, which is China Yuchai's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because China Yuchai's market value can be influenced by many factors that don't directly affect China Yuchai's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between China Yuchai's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Yuchai is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Yuchai's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.