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China Yuchai International (China Yuchai International) Gross Profit

: $417 Mil (TTM As of Jun. 2023)
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China Yuchai International's gross profit for the six months ended in Jun. 2023 was $217 Mil. China Yuchai International's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was $417 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. China Yuchai International's gross profit for the six months ended in Jun. 2023 was $217 Mil. China Yuchai International's Revenue for the six months ended in Jun. 2023 was $1,281 Mil. Therefore, China Yuchai International's Gross Margin % for the quarter that ended in Jun. 2023 was 16.92%.

China Yuchai International had a gross margin of 16.92% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of China Yuchai International was 21.79%. The lowest was 13.88%. And the median was 19.52%.

Warning Sign:

China Yuchai International Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.1%.


China Yuchai International Gross Profit Historical Data

The historical data trend for China Yuchai International's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

China Yuchai International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 442.83 487.75 463.49 377.33 408.34

China Yuchai International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 208.55 203.23 182.17 216.72 200.76

Competitive Comparison

For the Auto Parts subindustry, China Yuchai International's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Yuchai International Gross Profit Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, China Yuchai International's Gross Profit distribution charts can be found below:

* The bar in red indicates where China Yuchai International's Gross Profit falls into.



China Yuchai International Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

China Yuchai International's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=2299.387 - 1922.054
=377

China Yuchai International's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=1280.616 - 1063.896
=217

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $417 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

China Yuchai International's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=217 / 1280.616
=16.92 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


China Yuchai International  (NYSE:CYD) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

China Yuchai International had a gross margin of 16.92% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage


China Yuchai International Gross Profit Related Terms

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China Yuchai International (China Yuchai International) Business Description

Traded in Other Exchanges
Address
16 Raffles Quay No. 39-01A, No. 39-01A, Hong Leong Building, Singapore, SGP, 048581
China Yuchai International Ltd is a Bermuda holding company that is a subsidiary of Singapore-based Hong Leong Asia. China Yuchai International primarily operates through its majority-owned subsidiary Guangxi Yuchai Machinery Company, a China-based company that manufactures, assembles, and distributes diesel engines for various vehicles including trucks, buses, and cars, as well as construction and agricultural, marine, and power-generation equipment. The company generates the majority of its sales from the Chinese market.

China Yuchai International (China Yuchai International) Headlines