China Yuchai International (CYD) Research & Development (2009 - 2025)

China Yuchai International (CYD) has reported Research & Development for 17 consecutive years, with -$124.5 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Research & Development fell 48.01% year-over-year to -$124.5 million; the TTM figure through Dec 2025 stood at -$331.0 million (down 23.99% YoY), while the FY2025 annual figure was $195.2 million, up 239.37% from the prior year.
• Research & Development eased to -$124.5 million in Q4 2025 per CYD's latest filing, from -$84.1 million in the prior quarter.
• Across five years, Research & Development topped out at -$57.0 million in Q2 2023 and bottomed at -$124.5 million in Q4 2025.
• Historically, Research & Development has averaged -$75.5 million across 5 years, with a median of -$65.5 million in 2023.
• Annual changes were most pronounced in 2022 — Research & Development rose 21.06% — and 2025, when it plunged 48.01%.
• China Yuchai International's Research & Development stood at -$76.5 million in 2021, then gained by 21.06% to -$60.4 million in 2022, then fell by 8.33% to -$65.5 million in 2023, then decreased by 28.48% to -$84.1 million in 2024, then slumped by 48.01% to -$124.5 million in 2025.
• Business Quant data shows CYD's Research & Development at -$124.5 million in Q4 2025, -$84.1 million in Q4 2024, and -$65.5 million in Q4 2023.