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% 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 reported Research & Development for 17 consecutive years, with -$124.5 million the latest figure, recorded in 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 eased 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.
- Historically, Research & Development has averaged -$75.5 million across 5 years, with a median of -$65.5 million in 2023.
- Annual changes were most pronounced in 2022 — Research & Development rose 21.06% — and 2025, when it plunged 48.01%.
- China Yuchai International's Research & Development stood at -$76.5 million in 2021, then gained by 21.06% to -$60.4 million in 2022, then fell by 8.33% to -$65.5 million in 2023, then decreased by 28.48% to -$84.1 million in 2024, then slumped 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 | 1,042.09 Bn | 998.56 Bn | 4.75 Bn | 2.37 Bn |
| 2 | Toyota Motor | 242.42 Bn | 108.20 Bn | 12.27 Bn | - |
| 3 | Honda Motor | 122.32 Bn | 88.11 Bn | -34.06 Bn | 15.60 Bn |
| 4 | Ford Motor | 81.57 Bn | 50.24 Bn | 6.08 Bn | - |
| 5 | General Motors | 80.05 Bn | 55.33 Bn | 7.33 Bn | - |
| 6 | Li Auto | 26.01 Bn | 12.56 Bn | 262.11 Mn | -394.63 Mn |
| 7 | Xpeng | 22.52 Bn | 19.98 Bn | 388.90 Mn | -421.43 Mn |
| 8 | Rivian Automotive | 20.71 Bn | 15.40 Bn | 179.00 Mn | 466.00 Mn |
| 9 | Stellantis | 16.33 Bn | -25.12 Bn | 5.55 Bn | 1.52 Bn |
| 10 | China Yuchai International | 1.84 Bn | 775.36 Mn | 317.01 Mn | -124.48 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 | -47.48 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 |