Why These 15 Vehicles & Parts Stocks Are Surging In 2025

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3. China Yuchai International Ltd (NYSE:CYD)

Number of Hedge Fund Holders In Q4 2024: 6

China Yuchai International Ltd (NYSE:CYD) is a holding company primarily engaged in manufacturing, assembling, and selling engines through its main subsidiary.

The company reported its financial results for the second half and full year of 2024 on February 25, 2025. While revenue for the second half of 2024 was slightly down compared to the same period in 2023 at RMB 8.8 billion, gross profit increased by 14.3% to RMB 1.4 billion.

For the full fiscal year 2024, revenue increased to RMB 19.1 billion from RMB 18.0 billion in 2023, and gross profit rose to RMB 2.8 billion from RMB 2.5 billion.

This improved profitability, particularly the increased gross margin reported in the second half of 2024, likely contributed positively to investor sentiment in early 2025.

CYD stock is up 74.29% year-to-date.

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