China Yuchai International CYD
NYSE CYD
$35.39 +0.88 (+2.55%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

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 -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