China Yuchai International (CYD) Research & Development (2009 - 2025)
China Yuchai International (CYD) reported Research & Development of -$124.5 million for Q4 2025, down 48.01% year-over-year from -$239.4 million in Q4 2024, and down 48.01% quarter-over-quarter from -$84.1 million in Q4 2024.
China Yuchai International (CYD) Research & Development (2009 - 2025) Analysis & Trends
China Yuchai International (CYD) has 17 years of Research & Development data on file, last reported at -$124.5 million in Q4 2025.
- Research & Development for Q4 2025 came in at -$124.5 million, down 48.01% year-over-year; the trailing twelve-month figure through Dec 2025 was -$331.0 million (down 23.99% YoY), and the FY2025 annual result was $195.2 million, up 239.37% from the prior year.
- Research & Development fell to -$124.5 million in Q4 2025 per CYD's latest filing, from -$84.1 million in the prior quarter.
- Over five years, Research & Development peaked at -$57.0 million in Q2 2023 and troughed at -$124.5 million in Q4 2025.
- A 5-year average of -$75.5 million and a median of -$65.5 million in 2023 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2025: Research & Development rose 21.06% in 2022, then plunged 48.01% in 2025.
- A 5-year view of Research & Development shows it stood at -$76.5 million in 2021, then rose by 21.06% to -$60.4 million in 2022, then declined by 8.33% to -$65.5 million in 2023, then retreated by 28.48% to -$84.1 million in 2024, then sank 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,297.09 Bn | 1,252.41 Bn | 4.72 Bn | 1.95 Bn |
| 2 | Toyota Motor | 440.56 Bn | 289.71 Bn | 39.87 Bn | - |
| 3 | Ferrari | 75.26 Bn | 73.46 Bn | 1.09 Bn | 278.21 Mn |
| 4 | General Motors | 72.40 Bn | 50.02 Bn | 4.32 Bn | - |
| 5 | Ford Motor | 56.05 Bn | 25.60 Bn | 7.94 Bn | - |
| 6 | Rivian Automotive | 20.65 Bn | 15.84 Bn | 119.00 Mn | 458.00 Mn |
| 7 | China Yuchai International | 14.25 Bn | 13.19 Bn | 317.01 Mn | -124.48 Mn |
| 8 | VinFast Auto | 7.11 Bn | 10.11 Bn | -15,731.99 Bn | -2,869.36 Bn |
| 9 | Digital Currency X Technology | 4.89 Bn | 4.89 Bn | - | - |
| 10 | Xpeng | 4.49 Bn | 1.59 Bn | 388.90 Mn | -421.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -124.48 Mn |
| Dec 31, 2024 | -84.10 Mn |
| Dec 31, 2023 | -65.46 Mn |
| Jun 30, 2023 | -56.98 Mn |
| Dec 31, 2022 | -60.42 Mn |
| Jun 30, 2022 | -60.86 Mn |
| Dec 31, 2021 | -76.55 Mn |
| Dec 31, 2020 | -64.85 Mn |
| Jun 30, 2020 | -19.36 Mn |
| Mar 31, 2020 | -10.72 Mn |
| Dec 31, 2019 | -32.68 Mn |
| Sep 30, 2019 | -11.57 Mn |
| Jun 30, 2019 | -15.62 Mn |
| Mar 31, 2019 | -10.14 Mn |
| Dec 31, 2018 | -15.44 Mn |
| Sep 30, 2018 | -8.99 Mn |
| Jun 30, 2018 | -22.76 Mn |
| Mar 31, 2018 | -17.81 Mn |
| Dec 31, 2017 | -33.66 Mn |
| Sep 30, 2017 | -20.29 Mn |