CYD vs. CAAS
CYD (China Yuchai International Limited) and CAAS (China Automotive Systems, Inc.) are both stocks. CYD operates in Specialty Industrial Machinery (Industrials), while CAAS operates in Auto Parts (Consumer Cyclical). Over the past 10 years, CYD returned 20.97%/yr vs 4.46%/yr for CAAS. Their 0.21 correlation means their historical movements had little consistent relationship.
Performance
CYD vs. CAAS - Performance Comparison
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Returns By Period
In the year-to-date period, CYD achieves a 35.48% return, which is significantly higher than CAAS's 5.87% return. Over the past 10 years, CYD has outperformed CAAS with an annualized return of 20.97%, while CAAS has yielded a comparatively lower 4.46% annualized return.
CYD
- 1D
- -2.40%
- 1M
- 10.85%
- 6M
- 5.98%
- YTD
- 35.48%
- 1Y
- 115.19%
- 3Y*
- 67.15%
- 5Y*
- 30.17%
- 10Y*
- 20.97%
- ALL TIME*
- 9.01%
CAAS
- 1D
- 5.37%
- 1M
- 0.89%
- 6M
- 1.81%
- YTD
- 5.87%
- 1Y
- 9.60%
- 3Y*
- 0.19%
- 5Y*
- 5.11%
- 10Y*
- 4.46%
- ALL TIME*
- 0.47%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $88.09K | $69.59K | $124.94K | |
| $4.92M | $6.17M | $10.06M |
CYD vs. CAAS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CYD China Yuchai International Limited | 35.48% | 281.18% | 17.72% | 21.67% | -50.38% | 0.21% | 29.89% | 13.35% | -46.44% | 82.82% |
CAAS China Automotive Systems, Inc. | 5.87% | 3.90% | 52.01% | -44.31% | 116.42% | -57.05% | 98.10% | 29.10% | -49.17% | -10.45% |
Correlation
The correlation between CYD and CAAS is 0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.02 |
Correlation (3Y) Balances recent behavior with more history. | 0.02 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.09 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.09 |
Correlation (All Time) Calculated using the full available price history since Oct 7, 2003 | 0.21 |
The correlation between CYD and CAAS shifts across timeframes, from 0.02 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.
Fundamentals
CYD:
$1.77B
CAAS:
$136.07M
CYD:
CN¥11.57
CAAS:
$1.42
CYD:
27.52
CAAS:
3.18
CYD:
1.12
CAAS:
0.03
CYD:
0.44
CAAS:
0.18
CYD:
1.25
CAAS:
0.34
CYD:
CN¥27.30B
CAAS:
$765.74M
CYD:
CN¥4.19B
CAAS:
$145.46M
CYD:
CN¥1.19B
CAAS:
$71.37M
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Return for Risk
CYD vs. CAAS — Risk / Return Rank
CYD
CAAS
CYD vs. CAAS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for China Yuchai International Limited (CYD) and China Automotive Systems, Inc. (CAAS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CYD | CAAS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.67 | ||
| Sortino ratioReturn per unit of downside risk | +1.67 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.09 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 3.26 | 0.55 | +2.71 |
| Martin ratioReturn relative to average drawdown | 7.03 | 0.93 | +6.10 |
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Drawdowns
CYD vs. CAAS - Drawdown Comparison
The maximum CYD drawdown since its inception was -97.74%, roughly equal to the maximum CAAS drawdown of -94.04%. Use the drawdown chart below to compare losses from any high point for CYD and CAAS.
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Drawdown Indicators
| CYD | CAAS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.74% | -94.04% | -3.70% |
Max Drawdown (1Y)Largest decline over 1 year | -34.21% | -20.32% | -13.89% |
Max Drawdown (3Y)Largest decline over 3 years | -44.46% | -44.96% | +0.50% |
Max Drawdown (5Y)Largest decline over 5 years | -52.84% | -68.16% | +15.32% |
Max Drawdown (10Y)Largest decline over 10 years | -68.53% | -80.21% | +11.68% |
Current DrawdownCurrent decline from peak | -19.45% | -79.08% | +59.63% |
Average DrawdownAverage peak-to-trough decline | -52.87% | -71.87% | +19.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.84% | 11.94% | +3.90% |
Volatility
CYD vs. CAAS - Volatility Comparison
China Yuchai International Limited (CYD) has a higher volatility of 14.66% compared to China Automotive Systems, Inc. (CAAS) at 6.89%. This indicates that CYD's price experiences larger fluctuations and is considered to be riskier than CAAS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CYD | CAAS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.66% | 6.89% | +7.77% |
Volatility (6M)Calculated over the trailing 6-month period | 41.04% | 17.78% | +23.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.92% | 30.69% | +24.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.29% | 55.34% | -5.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.99% | 82.38% | -37.39% |
Dividends
CYD vs. CAAS - Dividend Comparison
CYD's dividend yield for the trailing twelve months is around 1.84%, while CAAS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAAS China Automotive Systems, Inc. | 0.00% | 0.00% | 19.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CYD China Yuchai International Limited | 1.84% | 1.49% | 3.99% | 3.34% | 5.65% | 11.39% | 5.20% | 6.38% | 5.87% | 3.75% | 6.15% | 10.22% |
Financials
CYD vs. CAAS - Financials Comparison
This section allows you to compare key financial metrics between China Yuchai International Limited and China Automotive Systems, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CYD vs. CAAS - Profitability Comparison
CYD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, China Yuchai International Limited reported a gross profit of 2.19B and revenue of 11.57B. Therefore, the gross margin over that period was 18.9%.
CAAS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, China Automotive Systems, Inc. reported a gross profit of 52.95M and revenue of 229.19M. Therefore, the gross margin over that period was 23.1%.
CYD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, China Yuchai International Limited reported an operating income of 240.14M and revenue of 11.57B, resulting in an operating margin of 2.1%.
CAAS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, China Automotive Systems, Inc. reported an operating income of 25.76M and revenue of 229.19M, resulting in an operating margin of 11.2%.
CYD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, China Yuchai International Limited reported a net income of 168.43M and revenue of 11.57B, resulting in a net margin of 1.5%.
CAAS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, China Automotive Systems, Inc. reported a net income of 18.42M and revenue of 229.19M, resulting in a net margin of 8.0%.
Frequently Asked Questions
CYD and CAAS have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CYD has higher volatility (14.66%) compared to CAAS (6.89%). In terms of maximum drawdown, CYD dropped -97.74% vs CAAS's -94.04%.
CYD currently has the higher Sharpe Ratio (2.03 vs 0.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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