China Operating Income vs Payout Ratio Analysis

CYD Stock

USD 8.22 0.09 1.08%

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 Operating Income and its Payout Ratio 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.

Operating Income vs Payout Ratio

Operating Income vs Payout Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Yuchai Interna Operating Income account and Payout Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between China Yuchai's Operating Income and Payout Ratio is -0.59. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Payout Ratio 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 Operating Income and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of China Yuchai International are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Operating Income i.e., China Yuchai's Operating Income and Payout Ratio go up and down completely randomly.

Correlation Coefficient

-0.59

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Operating Income

Operating Income is the amount of profit realized from China Yuchai Interna operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of China Yuchai International is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Payout Ratio

Payout Ratio is the proportion of China Yuchai International earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of China Yuchai Interna dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating China Yuchai Interna is paying out more in dividends than it makes in net income.

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.

At present, China Yuchai's Enterprise Value Multiple is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 4.2 B, whereas Selling General Administrative is forecasted to decline to about 1.2 B.

	2021	2022	2023	2024 (projected)
Gross Profit	3.0B	2.6B	3.0B	2.6B
Total Revenue	21.3B	16.0B	18.4B	11.2B

Gross Profit Total Revenue

China Yuchai fundamental ratios Correlations

	Total Assets	Common Stock Shares Outstanding	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Non Current Liabilities Total	Common Stock Total Equity	Common Stock
Total Assets		0.87	0.39	-0.27	0.58	0.74	-0.24	0.06	0.97	0.97	0.08	-0.17	-0.49	0.08	0.62	0.88	-0.53	-0.4	0.95	0.76	0.33	0.33	0.19	0.57	0.93	0.75
Common Stock Shares Outstanding	0.87		0.51	-0.02	0.72	0.84	0.09	-0.14	0.86	0.79	0.3	0.1	-0.37	0.3	0.88	0.58	-0.27	-0.4	0.81	0.49	0.52	0.43	0.04	0.32	0.96	0.73
Short Long Term Debt Total	0.39	0.51		-0.11	0.45	0.34	0.07	0.16	0.21	0.36	0.14	0.13	0.26	0.11	0.54	0.28	-0.06	0.34	0.58	0.17	0.24	0.89	0.0	0.35	0.37	-0.08
Other Current Liab	-0.27	-0.02	-0.11		0.51	0.09	0.94	-0.87	-0.21	-0.34	0.83	0.93	0.5	0.84	0.31	-0.52	0.89	-0.11	-0.36	-0.69	0.76	-0.17	0.45	-0.87	-0.12	-0.05
Total Current Liabilities	0.58	0.72	0.45	0.51		0.7	0.58	-0.62	0.55	0.55	0.76	0.66	0.16	0.75	0.81	0.33	0.31	-0.33	0.54	0.06	0.89	0.38	0.6	-0.24	0.63	0.48
Total Stockholder Equity	0.74	0.84	0.34	0.09	0.7		0.07	-0.28	0.79	0.68	0.34	0.11	-0.43	0.35	0.85	0.55	-0.24	-0.51	0.61	0.42	0.43	0.31	0.27	0.15	0.77	0.72
Property Plant And Equipment Net	-0.24	0.09	0.07	0.94	0.58	0.07		-0.8	-0.23	-0.31	0.83	0.98	0.57	0.82	0.41	-0.54	0.91	-0.06	-0.28	-0.68	0.8	0.01	0.37	-0.84	-0.04	-0.06
Net Debt	0.06	-0.14	0.16	-0.87	-0.62	-0.28	-0.8		-0.02	0.13	-0.95	-0.82	-0.39	-0.96	-0.34	0.32	-0.76	0.15	0.18	0.55	-0.82	0.04	-0.5	0.76	-0.07	-0.1
Retained Earnings	0.97	0.86	0.21	-0.21	0.55	0.79	-0.23	-0.02		0.92	0.1	-0.17	-0.63	0.11	0.62	0.83	-0.53	-0.55	0.85	0.74	0.32	0.17	0.17	0.48	0.93	0.86
Accounts Payable	0.97	0.79	0.36	-0.34	0.55	0.68	-0.31	0.13	0.92		0.0	-0.21	-0.45	0.0	0.54	0.94	-0.57	-0.36	0.95	0.81	0.26	0.29	0.27	0.61	0.86	0.69
Cash	0.08	0.3	0.14	0.83	0.76	0.34	0.83	-0.95	0.1	0.0		0.87	0.48	1.0	0.48	-0.22	0.74	-0.04	0.02	-0.49	0.92	0.22	0.51	-0.64	0.2	0.08
Non Current Assets Total	-0.17	0.1	0.13	0.93	0.66	0.11	0.98	-0.82	-0.17	-0.21	0.87		0.62	0.86	0.41	-0.42	0.9	-0.02	-0.19	-0.61	0.85	0.07	0.53	-0.8	-0.02	-0.07
Non Currrent Assets Other	-0.49	-0.37	0.26	0.5	0.16	-0.43	0.57	-0.39	-0.63	-0.45	0.48	0.62		0.46	-0.16	-0.51	0.77	0.66	-0.31	-0.67	0.35	0.29	0.3	-0.48	-0.49	-0.74
Cash And Short Term Investments	0.08	0.3	0.11	0.84	0.75	0.35	0.82	-0.96	0.11	0.0	1.0	0.86	0.46		0.48	-0.22	0.74	-0.07	0.01	-0.49	0.92	0.19	0.5	-0.65	0.21	0.1
Net Receivables	0.62	0.88	0.54	0.31	0.81	0.85	0.41	-0.34	0.62	0.54	0.48	0.41	-0.16	0.48		0.29	0.05	-0.39	0.56	0.16	0.64	0.38	0.16	-0.01	0.76	0.59
Inventory	0.88	0.58	0.28	-0.52	0.33	0.55	-0.54	0.32	0.83	0.94	-0.22	-0.42	-0.51	-0.22	0.29		-0.71	-0.29	0.87	0.91	0.01	0.24	0.28	0.71	0.68	0.58
Other Current Assets	-0.53	-0.27	-0.06	0.89	0.31	-0.24	0.91	-0.76	-0.53	-0.57	0.74	0.9	0.77	0.74	0.05	-0.71		0.21	-0.53	-0.84	0.61	-0.05	0.34	-0.88	-0.38	-0.4
Other Stockholder Equity	-0.4	-0.4	0.34	-0.11	-0.33	-0.51	-0.06	0.15	-0.55	-0.36	-0.04	-0.02	0.66	-0.07	-0.39	-0.29	0.21		-0.15	-0.32	-0.19	0.45	-0.18	0.15	-0.45	-0.88
Total Liab	0.95	0.81	0.58	-0.36	0.54	0.61	-0.28	0.18	0.85	0.95	0.02	-0.19	-0.31	0.01	0.56	0.87	-0.53	-0.15		0.74	0.27	0.5	0.15	0.68	0.85	0.54
Property Plant And Equipment Gross	0.76	0.49	0.17	-0.69	0.06	0.42	-0.68	0.55	0.74	0.81	-0.49	-0.61	-0.67	-0.49	0.16	0.91	-0.84	-0.32	0.74		-0.25	0.14	0.03	0.78	0.61	0.57
Total Current Assets	0.33	0.52	0.24	0.76	0.89	0.43	0.8	-0.82	0.32	0.26	0.92	0.85	0.35	0.92	0.64	0.01	0.61	-0.19	0.27	-0.25		0.2	0.53	-0.48	0.45	0.29
Short Term Debt	0.33	0.43	0.89	-0.17	0.38	0.31	0.01	0.04	0.17	0.29	0.22	0.07	0.29	0.19	0.38	0.24	-0.05	0.45	0.5	0.14	0.2		0.0	0.31	0.32	-0.16
Intangible Assets	0.19	0.04	0.0	0.45	0.6	0.27	0.37	-0.5	0.17	0.27	0.51	0.53	0.3	0.5	0.16	0.28	0.34	-0.18	0.15	0.03	0.53	0.0		-0.35	0.03	0.12
Non Current Liabilities Total	0.57	0.32	0.35	-0.87	-0.24	0.15	-0.84	0.76	0.48	0.61	-0.64	-0.8	-0.48	-0.65	-0.01	0.71	-0.88	0.15	0.68	0.78	-0.48	0.31	-0.35		0.41	0.16
Common Stock Total Equity	0.93	0.96	0.37	-0.12	0.63	0.77	-0.04	-0.07	0.93	0.86	0.2	-0.02	-0.49	0.21	0.76	0.68	-0.38	-0.45	0.85	0.61	0.45	0.32	0.03	0.41		0.8
Common Stock	0.75	0.73	-0.08	-0.05	0.48	0.72	-0.06	-0.1	0.86	0.69	0.08	-0.07	-0.74	0.1	0.59	0.58	-0.4	-0.88	0.54	0.57	0.29	-0.16	0.12	0.16	0.8

Click cells to compare fundamentals

China Yuchai Account Relationship Matchups

China Yuchai fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	23.9B	26.3B	25.1B	24.9B	28.6B	30.1B
Short Long Term Debt Total	2.1B	2.3B	2.2B	2.4B	2.8B	1.6B
Other Current Liab	3.0B	3.0B	2.6B	(2.8B)	(3.2B)	(3.0B)
Total Current Liabilities	11.2B	13.1B	12.6B	6.9B	8.0B	6.2B
Total Stockholder Equity	8.8B	9.0B	8.9B	9.0B	10.4B	5.3B
Property Plant And Equipment Net	4.6B	4.6B	4.5B	27K	31.1K	29.5K
Net Debt	(3.6B)	(3.6B)	(2.5B)	2.4B	2.2B	2.3B
Retained Earnings	6.5B	6.8B	6.6B	6.7B	7.7B	8.0B
Accounts Payable	5.7B	7.5B	7.4B	6.9B	8.0B	8.4B
Cash	5.8B	5.9B	4.8B	16K	18.4K	17.5K
Non Current Assets Total	6.5B	7.0B	7.1B	47K	54.1K	51.3K
Non Currrent Assets Other	143.0M	133.5M	152.6M	(175.0M)	(157.5M)	(149.6M)
Cash And Short Term Investments	6.1B	6.1B	5.1B	16K	18.4K	17.5K
Net Receivables	8.1B	8.4B	7.5B	7.2B	8.3B	4.6B
Liabilities And Stockholders Equity	23.9B	26.3B	25.1B	24.9B	28.6B	30.1B
Inventory	2.8B	4.5B	5.2B	4.9B	5.7B	6.0B
Other Current Assets	321.1M	255.8M	164.2M	(7.2B)	(6.5B)	(6.2B)
Other Stockholder Equity	(105.4M)	(161.4M)	(140.8M)	(65.0M)	(58.5M)	(55.6M)
Total Liab	12.3B	14.5B	13.5B	13.8B	15.9B	16.7B
Property Plant And Equipment Gross	4.6B	4.6B	9.9B	10.1B	11.7B	12.2B
Total Current Assets	17.4B	19.3B	18.0B	4.9B	5.7B	9.1B
Accumulated Other Comprehensive Income	335.0M	337.9M	339.9M	331.5M	381.3M	400.3M
Short Term Debt	2.1B	1.8B	2.1B	2.2B	2.5B	1.3B
Intangible Assets	741.5M	1.3B	1.5B	12K	13.8K	13.1K
Non Current Liabilities Total	1.1B	1.4B	848.5M	6.9B	8.0B	8.4B
Current Deferred Revenue	383.2M	868.5M	573.6M	618.0M	710.7M	746.2M
Other Assets	1.1B	1.6B	1.5B	20.0B	23.0B	24.1B
Long Term Debt	0.0	500M	100M	200M	230M	241.5M
Short Term Investments	365.8M	265.0M	357.9M	351.6M	404.3M	265.7M
Property Plant Equipment	3.8B	4.6B	4.6B	4.5B	5.2B	5.5B
Other Liab	936.0M	1.0B	889.4M	735.1M	845.4M	443.4M
Net Tangible Assets	8.2B	8.4B	8.6B	8.1B	9.3B	7.7B
Deferred Long Term Liab	195.9M	699.0M	1.2B	1.1B	1.3B	1.4B
Long Term Investments	325.9M	369.5M	263.6M	175.0M	157.5M	216.5M
Short Long Term Debt	2.1B	1.7B	2.1B	2.1B	2.5B	1.8B
Long Term Debt Total	15.1M	31.4M	517.0M	113.4M	130.4M	113.1M

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 against China Stock

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0.44	WAB	Westinghouse Air Brake Earnings Call This Week	Pair Corr

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 Correlation Correlation 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:

How To Invest In China

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Is China Stock a good investment?

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What is China Yuchai's Net Worth?

Details

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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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running China Yuchai's price analysis, check to measure China Yuchai's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China Yuchai is operating at the current time. Most of China Yuchai's value examination focuses on studying past and present price action to predict the probability of China Yuchai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Yuchai's price. Additionally, you may evaluate how the addition of China Yuchai to your portfolios can decrease your overall portfolio volatility.

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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

0.01

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.

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China Operating Income vs Payout Ratio Analysis

Operating Income vs Payout Ratio

Operating Income vs Payout Ratio Correlation Analysis

Correlation Coefficient

Operating Income

Payout Ratio

China Yuchai fundamental ratios Correlations

China Yuchai Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Yuchai fundamental ratios Accounts

Pair Trading with China Yuchai

Moving against China Stock

Complementary Tools for China Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Retained Earnings	+ 0.97	Total Assets
Accounts Payable	+ 0.97	Total Assets
Common Stock Total Equity	+ 0.96	Common Stock Shares Outstanding
Total Liab	+ 0.95	Total Assets

Cash And Short Term Investments	- 0.96	Net Debt
Cash	- 0.95	Net Debt
Common Stock	- 0.88	Other Stockholder Equity
Non Current Liabilities Total	- 0.88	Other Current Assets
Non Current Liabilities Total	- 0.87	Other Current Liab
Net Debt	- 0.87	Other Current Liab