CYD vs. CLS

Last updated Jun 4, 2026

CYD (China Yuchai International Limited) and CLS (Celestica Inc.) are both stocks. CYD operates in Specialty Industrial Machinery (Industrials), while CLS operates in Electronic Components (Technology). Over the past 10 years, CYD returned 22.81%/yr vs 45.51%/yr for CLS. At a 0.22 correlation, their price movements are largely independent.

Performance

CYD vs. CLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in China Yuchai International Limited (CYD) and Celestica Inc. (CLS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CYD achieves a 62.45% return, which is significantly higher than CLS's 54.98% return. Over the past 10 years, CYD has underperformed CLS with an annualized return of 22.81%, while CLS has yielded a comparatively higher 45.51% annualized return.

CYD

• 1D: -2.09%
• 1M: 47.12%
• YTD: 62.45%
• 6M: 63.97%
• 1Y: 244.50%
• 3Y*: 90.41%
• 5Y*: 35.54%
• 10Y*: 22.81%

CLS

• 1D: -3.02%
• 1M: 8.89%
• YTD: 54.98%
• 6M: 48.55%
• 1Y: 277.82%
• 3Y*: 226.85%
• 5Y*: 121.36%
• 10Y*: 45.51%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CYD vs. CLS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CYD China Yuchai International Limited	62.45%	281.18%	17.72%	21.67%	-50.38%	0.21%	29.89%	13.35%	-46.44%	82.82%
CLS Celestica Inc.	54.98%	220.27%	215.23%	159.80%	1.26%	37.92%	-2.42%	-5.70%	-16.32%	-11.56%

Correlation

The correlation between CYD and CLS is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (10Y) Calculated over the trailing 10-year period	0.22
Correlation (All Time) Calculated using the full available price history since Jul 1, 1998	0.22

The correlation between CYD and CLS shifts across timeframes, from 0.13 (3 years) to 0.25 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap CYD : $2.16B CLS : $53.01B
EPS CYD : $11.57 CLS : $8.28
PE Ratio CYD : 4.98 CLS : 55.30
PEG Ratio CYD : 0.20 CLS : 0.74
PS Ratio CYD : 0.08 CLS : 3.84
PB Ratio CYD : 0.23 CLS : 25.26
Total Revenue (TTM) CYD : $27.30B CLS : $13.81B
Gross Profit (TTM) CYD : $4.19B CLS : $1.60B
EBITDA (TTM) CYD : $1.19B CLS : $1.32B

Return for Risk

CYD vs. CLS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CYD

CYD Risk / Return Rank: 95
CYD Sharpe Ratio Rank: 98
CYD Sortino Ratio Rank: 95
CYD Omega Ratio Rank: 93
CYD Calmar Ratio Rank: 95
CYD Martin Ratio Rank: 94

CLS

CLS Risk / Return Rank: 94
CLS Sharpe Ratio Rank: 97
CLS Sortino Ratio Rank: 91
CLS Omega Ratio Rank: 91
CLS Calmar Ratio Rank: 97
CLS Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CYD vs. CLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for China Yuchai International Limited (CYD) and Celestica Inc. (CLS). 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.

	CYD	CLS	Difference
Sharpe ratio Return per unit of total volatility	4.45	3.96	+0.49
Sortino ratio Return per unit of downside risk	4.12	3.41	+0.71
Omega ratio Gain probability vs. loss probability	1.53	1.46	+0.07
Calmar ratio Return relative to maximum drawdown	7.20	9.57	-2.37
Martin ratio Return relative to average drawdown	17.86	24.15	-6.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CYD vs. CLS - Sharpe Ratio Comparison

The current CYD Sharpe Ratio is 4.45, which is comparable to the CLS Sharpe Ratio of 3.96. The chart below compares the historical Sharpe Ratios of CYD and CLS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CYD	CLS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.45	3.96	+0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	2.14	-1.42
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.92	-0.40
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.28	-0.14

Drawdowns

CYD vs. CLS - Drawdown Comparison

The maximum CYD drawdown since its inception was -97.74%, roughly equal to the maximum CLS drawdown of -96.93%. Use the drawdown chart below to compare losses from any high point for CYD and CLS.

Drawdown Indicators

	CYD	CLS	Difference
Max Drawdown Largest peak-to-trough decline	-97.74%	-96.93%	-0.81%
Max Drawdown (1Y) Largest decline over 1 year	-34.21%	-29.24%	-4.97%
Max Drawdown (3Y) Largest decline over 3 years	-44.46%	-53.96%	+9.50%
Max Drawdown (5Y) Largest decline over 5 years	-58.56%	-53.96%	-4.60%
Max Drawdown (10Y) Largest decline over 10 years	-68.53%	-80.60%	+12.07%
Current Drawdown Current decline from peak	-3.42%	-3.02%	-0.40%
Average Drawdown Average peak-to-trough decline	-53.04%	-73.38%	+20.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.76%	11.57%	+2.19%

Volatility

CYD vs. CLS - Volatility Comparison

The current volatility for China Yuchai International Limited (CYD) is 13.81%, while Celestica Inc. (CLS) has a volatility of 22.24%. This indicates that CYD experiences smaller price fluctuations and is considered to be less risky than CLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CYD	CLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.81%	22.24%	-8.43%
Volatility (6M) Calculated over the trailing 6-month period	37.89%	53.06%	-15.17%
Volatility (1Y) Calculated over the trailing 1-year period	55.28%	70.76%	-15.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.81%	57.21%	-7.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.50%	49.69%	-5.19%

Dividends

CYD vs. CLS - Dividend Comparison

CYD's dividend yield for the trailing twelve months is around 0.92%, while CLS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CLS Celestica Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CYD China Yuchai International Limited	0.92%	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. CLS - Profitability Comparison

The chart below illustrates the profitability comparison between China Yuchai International Limited and Celestica Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CYD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.

CLS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported a gross profit of 437.20M and revenue of 4.05B. Therefore, the gross margin over that period was 10.8%.

CYD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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%.

CLS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported an operating income of 272.10M and revenue of 4.05B, resulting in an operating margin of 6.7%.

CYD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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%.

CLS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported a net income of 212.30M and revenue of 4.05B, resulting in a net margin of 5.3%.

Frequently Asked Questions

Can I hold both CYD and CLS in my portfolio?

CYD and CLS have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CYD or CLS?

CLS has higher volatility (22.24%) compared to CYD (13.81%). In terms of maximum drawdown, CYD dropped -97.74% vs CLS's -96.93%.

Which has better risk-adjusted returns?

CYD currently has the higher Sharpe Ratio (4.45 vs 3.96), 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.