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

China Yuchai International (CYD) posted quarterly Research & Development of -$124.5 million for Q4 2025, down 48.01% YoY from -$239.4 million in Q4 2024, and down 48.01% sequentially from -$84.1 million in Q4 2024.

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

China Yuchai International has disclosed Research & Development across 17 years of filings, most recently posting -$124.5 million for 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 slipped to -$124.5 million in Q4 2025, from -$84.1 million in the prior quarter.
  • Over the last five years, Research & Development for CYD reached as high as -$57.0 million in Q2 2023 and fell as low as -$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.
  • Annual changes were most pronounced in 2022 — Research & Development rose 21.06% — and 2025, when it slumped 48.01%.
  • 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 tumbled by 48.01% to -$124.5 million in 2025.
  • According to Business Quant data, Research & Development over the past three periods registered -$124.5 million, -$84.1 million, and -$65.5 million for Q4 2025, Q4 2024, and Q4 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn 1.95 Bn
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn -
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn -
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn -421.43 Mn
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn 458.00 Mn
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn -394.63 Mn
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn -273.27 Mn
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn -2,535.42 Bn
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn 335.67 Mn
10 China Yuchai International 1.74 Bn 678.93 Mn 317.01 Mn -124.48 Mn

Historic Data

Download Data
DateValue
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