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% on a QoQ basis from -$84.1 million in Q4 2024.
China Yuchai International (CYD) has 17 years of Research & Development data on file, last reported at -$124.5 million in Q4 2025.
- Quarterly Research & Development fell 48.01% year-over-year to -$124.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$331.0 million (down 23.99% YoY) and the FY2025 annual result came in at $195.2 million, up 239.37% from the prior year.
- Research & Development retreated 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.
- The 5-year median for Research & Development is -$65.5 million (2023), against an average of -$75.5 million.
- The widest annual swing landed in 2022, when Research & Development grew 21.06%; it then slumped 48.01% in 2025.
- Tracing CYD's Research & Development over 5 years: stood at -$76.5 million in 2021, then grew by 21.06% to -$60.4 million in 2022, then slipped by 8.33% to -$65.5 million in 2023, then declined by 28.48% to -$84.1 million in 2024, then tumbled by 48.01% to -$124.5 million in 2025.
- Per Business Quant, the three latest CYD Research & Development figures stand at -$124.5 million (Q4 2025), -$84.1 million (Q4 2024), and -$65.5 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,345.47 Bn | 1,300.79 Bn | 4.72 Bn | 1.95 Bn |
| 2 | General Motors | 75.49 Bn | 53.10 Bn | 4.32 Bn | - |
| 3 | Ferrari | 72.44 Bn | 70.64 Bn | - | - |
| 4 | Ford Motor | 66.63 Bn | 36.17 Bn | 7.94 Bn | - |
| 5 | Stellantis | 29.57 Bn | -7.31 Bn | 5.19 Bn | 1.69 Bn |
| 6 | Rivian Automotive | 21.06 Bn | 16.25 Bn | 119.00 Mn | 458.00 Mn |
| 7 | China Yuchai International | 16.90 Bn | 15.88 Bn | 317.01 Mn | -124.48 Mn |
| 8 | VinFast Auto | 8.12 Bn | 11.12 Bn | - | - |
| 9 | Xpeng | 4.61 Bn | 1.71 Bn | - | - |
| 10 | Li Auto | 4.13 Bn | -4.66 Bn | 733.67 Mn | -431.37 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 |
| Jun 30, 2017 | -17.08 Mn |
| Mar 31, 2017 | -19.81 Mn |
| Dec 31, 2016 | -28.67 Mn |
| Sep 30, 2016 | -24.32 Mn |
| Jun 30, 2016 | -20.61 Mn |
| Mar 31, 2016 | -14.44 Mn |
| Dec 31, 2015 | -17.66 Mn |
| Sep 30, 2015 | -19.82 Mn |
| Jun 30, 2015 | -20.94 Mn |
| Mar 31, 2015 | -17.54 Mn |
| Dec 31, 2014 | -20.41 Mn |
| Sep 30, 2014 | -21.21 Mn |
| Jun 30, 2014 | -19.99 Mn |
| Mar 31, 2014 | -17,082.00 |
| Dec 31, 2013 | -23.90 Mn |
| Sep 30, 2013 | -18.14 Mn |
| Jun 30, 2013 | -18.83 Mn |
| Mar 31, 2013 | -15.42 Mn |
| Dec 31, 2012 | -16,848.00 |
| Sep 30, 2012 | -15.27 Mn |
| Jun 30, 2012 | -15.42 Mn |
| Mar 31, 2012 | 13.06 Mn |
| Dec 31, 2011 | -13.48 Mn |
| Sep 30, 2011 | -13.16 Mn |
| Jun 30, 2011 | -12.96 Mn |
| Mar 31, 2011 | -12.39 Mn |
| Dec 31, 2010 | -12.41 Mn |
| Sep 30, 2010 | 15.06 Mn |
| Jun 30, 2010 | 12.81 Mn |
| Mar 31, 2010 | 10.27 Mn |
| Dec 31, 2009 | 13.90 Mn |
| Sep 30, 2009 | 11.16 Mn |
| Jun 30, 2009 | 10.75 Mn |
| Mar 31, 2009 | -8.42 Mn |