China Yuchai International (CYD) Research & Development (2009 - 2025)
China Yuchai International's (CYD) quarterly Research & Development came in at -$124.5 million in 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.
Analysis
China Yuchai International (CYD) Research & Development (2009 - 2025) Analysis & Trends
China Yuchai International (CYD) has reported Research & Development for 17 consecutive years, with -$124.5 million the latest figure, recorded in Q4 2025.
- On a quarterly basis, Research & Development fell 48.01% year-over-year to -$124.5 million in Q4 2025; TTM through Dec 2025 was -$331.0 million, a 1.27% decrease from a year earlier, with the FY2025 full-year figure at -$195.2 million, down 39.37% from the prior year.
- Research & Development was -$124.5 million for Q4 2025 at China Yuchai International, down from -$84.1 million in the prior quarter.
- Over five years, Research & Development peaked at -$57.0 million in Q2 2023 and troughed at -$134.3 million in Q4 2021.
- A 5-year average of -$92.3 million and a median of -$84.1 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development surged 45.6% in 2023 and sank 48.01% in 2025, its largest moves.
- Over 5 years, Research & Development stood at -$134.3 million in 2021, then climbed by 10.38% to -$120.3 million in 2022, then jumped by 45.6% to -$65.5 million in 2023, then fell by 28.48% to -$84.1 million in 2024, then slumped by 48.01% to -$124.5 million in 2025.
- The last three Research & Development figures came in at -$124.5 million (Q4 2025), -$84.1 million (Q4 2024), and -$65.5 million (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 371.83 Bn | 365.11 Bn | 7.76 Bn | 616.00 Mn |
| 2 | Cummins | 73.24 Bn | 69.63 Bn | 2.47 Bn | 385.00 Mn |
| 3 | Paccar | 61.09 Bn | 52.42 Bn | 1.56 Bn | 114.30 Mn |
| 4 | Borgwarner | 12.90 Bn | 10.63 Bn | 721.00 Mn | - |
| 5 | Allison Transmission Holdings | 9.67 Bn | 9.27 Bn | 515.00 Mn | 56.00 Mn |
| 6 | Oshkosh | 9.07 Bn | 8.66 Bn | 480.30 Mn | - |
| 7 | Federal Signal | 6.95 Bn | 6.88 Bn | 203.80 Mn | - |
| 8 | Terex | 6.75 Bn | 6.34 Bn | 444.00 Mn | - |
| 9 | Dana | 3.21 Bn | 2.94 Bn | 210.00 Mn | - |
| 10 | China Yuchai International | 1.33 Bn | 1.80 Bn | 317.01 Mn | -124.48 Mn |
Historic Data
Download Data
Historic 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 | -120.32 Mn |
| Jun 30, 2022 | -60.86 Mn |
| Dec 31, 2021 | -134.26 Mn |
| Dec 31, 2020 | -96.81 Mn |
| Jun 30, 2020 | -19.36 Mn |
| Mar 31, 2020 | -10.72 Mn |
| Dec 31, 2019 | -69.47 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 |