CHINA YUCHAI INTERNATIONAL LTD

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Amortization of intangible asset $1.0m $1.0m $39.0m $64.9m $109.9m $201.4m $225.7m
Depreciation of investment property $248k $248k $884k $380k $376k $355k $348k $355k $361k $385k
Depreciation of property, plant and equipment $465.1m $431.6m $420.3m $422.9m $450.1m $492.8m $516.3m $508.7m $462.6m $437.4m
Depreciation of right-of-use assets $41.0m $6.7m $41.5m $43.1m $46.1m $50.5m $48.9m
Adjustments For Deferred Tax Of Prior Periods ($20k) $0 ($15k) $7.6m $2.5m
Adjustments For Share-Based Payments $1.1m
Cost of share-based payments $5.3m $1.6m $0 $0 $7.8m $27.5m
Additional Financial Items
Adjustments For Current Tax Of Prior Period $7.2m ($453k) ($109k) ($986k) ($19k) ($3.4m) $3.9m $3.9m $21k
Adjustments For Gain Loss On Disposal Of Investments In Subsidiaries Joint Ventures And Associates $3.6m ($10.1m) ($11.6m) ($19.0m) $59.0m $95.9m ($191k) $0 $0 ($111.1m)
Adjustments For Unrealised Foreign Exchange Losses Gains ($3.4m) ($1.3m) $633k ($660k) ($282k) $518k ($39k) ($318k) $431k
Goodwill $33.6m $33.6m $31.8m
Payments Of Lease Liabilities Classified As Financing Activities $6.8m $5.5m $3.7m $3.5m $5.8m $5.6m
Proceeds From Borrowings Classified As Financing Activities $1.3b $286.7m $299.0m $288.0m $344.6m $306.7m $294.7m $456.1m $281.8m
Repayments Of Borrowings Classified As Financing Activities $2.8b $173.8m $240.9m $282.4m $317.8m $311.0m $274.7m $428.2m $286.1m
Profit before tax $896.2m $1.5b $1.2b $1.0b $971.9m $451.7m $394.7m $571.4m $620.5m $1.1b
Bad debt written off $0 $0 $21.5m $0
Exchange (gain)/loss ($3.4m) ($8.3m) $4.2m ($4.7m) ($1.8m) $3.3m ($273k) ($2.3m) $3.1m ($7.3m)
Fair value loss on quoted equity securities ($138k) $0 $0
Finance costs $79.7m $100.4m $113.1m $131.8m $151.2m $115.9m $95.5m $100.2m $78.0m $61.8m
- associate $1.8m $0 $0 $1.0m $1.0m $0 $0
- quoted equity securities $943k $2.5m $2.0m $16.4m $209k $6.5m $641k $0 $0
- right-of-use assets $11.0m $892k $34.1m $7.2m $0 $0 $0
- subsidiary $0 $0 ($113.0m) $0 $0
Government grants ($36.5m) ($28.0m) ($32.2m) ($122.4m) ($209.8m) ($152.9m) ($176.3m) ($171.9m) ($339.9m) ($227.4m)
Interest income ($57.0m) ($105.4m) ($147.2m) ($177.3m) ($167.0m) ($132.1m) ($131.9m) ($154.1m) ($133.6m) ($100.6m)
- development cost $0 $0 $31.1m $70.2m
- investment in joint venture $0 $990k $0 $0
- trade and non-trade receivables ($459k) $23.9m $185.5m $34.3m
- technology know how $0 $0 $47.1m
- inventories, net ($5.2m) ($19.9m) ($8.5m) $17.0m $28.0m ($9.0m) $54.9m $50.0m $58.8m $90.1m
Loss on liquidation of joint venture $0 $0 $399k $0
Loss on liquidation of subsidiary $0 $0 $5k $0
Provision for warranties $292.2m $317.1m $414.0m $626.3m $694.0m
Reversal of provision for onerous contract, net ($8.8m) ($4.8m) $0 $0
Share of results of associates and joint ventures, net of tax $3.6m ($10.1m) ($11.6m) ($19.0m) $59.0m $95.9m $29.1m ($62.1m) ($101.5m) ($111.1m)
Profit before tax after adjustments $1.4b $1.6b $1.5b $1.4b $1.3b $925.8m $892.6m $1.4b $1.8b $2.4b
Inventories $55.3m ($897.4m) $47.5m ($314.9m) ($1.7b) ($740.8m) $185.9m $221.9m ($67.6m) ($1.0b)
Trade and other receivables, and capitalized contract cost $122.2m $81.1m ($502.1m) ($514.2m) ($238.6m) $1.1b ($7.4m) ($959.7m) ($1.3b) ($2.3b)
Trade and other payables, and contract liabilities ($802.7m) ($1.1b) $1.1b $924.7m $4.3b
Development properties ($202k) ($25k) ($281k) ($38k) ($467k)
Provision utilized ($299.4m) ($345.2m) ($375.9m) ($493.8m) ($579.1m)
Cash flows from operations $2.4b $1.6b $861.3m $1.8b $1.7b $675.3m ($98.4m) $1.3b $892.8m $2.9b
Additional investment in a joint venture and associates ($1.3m) ($75.0m) ($41.2m) $0 ($17.6m) ($1.9m) ($6.5m) $0 ($169.9m)
Development costs ($180.6m) ($345.1m) ($500.1m) ($287.5m) ($166.3m) ($169.6m) ($185.0m) ($164.3m)
- joint venture $598k $182.7m $801k $821k $0 $0 $0 $2.8m $0 $100.0m
Interest received $56.7m $108.5m $143.8m $173.7m $171.6m $125.0m $131.3m $155.2m $139.2m $97.2m
- subsidiary, net of cash disposed $341.6m $0 $0 ($32.1m) $217.6m $5.2m
Proceeds from government grants $13.6m $50.1m $286.2m $191.5m $123.2m $51.9m $193.2m $257.4m $228.8m $258.9m
Proceeds from liquidation of joint venture $0 $0 $1.7m $0
Purchase of right-of-use assets $0 ($3.9m)
(Placement)/withdrawal of fixed deposits with banks, net ($5.3m) ($79.7m) $123.6m ($84.3m) $71.0m $80.2m
- equity holders of the Company ($118.2m) ($235.9m) ($597.5m) ($238.8m) ($245.9m) ($448.7m) ($109.7m) ($80.2m) ($101.6m) ($142.9m)
- non-controlling interests ($88.0m) ($97.0m) ($132.6m) ($203.2m) ($205.5m) ($223.9m) ($102.3m) ($35.0m) ($76.1m) ($106.0m)
Acquisition of non-controlling interests $0 $0 ($750k) ($7.4m)
Contribution by non-controlling interests $0 $0 $53.5m $20.0m $83.1m $20.8m
Payment of principal portion of lease liabilities ($48.4m) ($5.5m) ($23.1m) ($24.6m) ($41.1m) ($40.0m) ($42.8m)
Purchase of treasury shares $0 $0 ($285.6m) $0
Proceeds from borrowings $1.3b $1.8b $2.0b $288.0m $2.2b $1.9b $2.0b $3.2b $2.0b $1.6b
Repayment of borrowings ($2.8b) ($1.1b) ($1.6b) ($2.0b) ($2.1b) ($2.0b) ($1.9b) ($3.0b) ($2.1b) ($2.1b)
Profit or Loss $723.6m $222.0m $145.6m $121.5m $120.4m $64.5m $48.3m $59.5m $68.5m
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities $667k $2.5m $997k $166k $369k $64k $1.3m $91k $15k $5.4m
Purchase of property, plant and equipment ($351.5m) ($289.5m) ($407.7m) ($749.1m) ($584.7m) ($572.0m) ($431.0m) ($237.8m) ($360.2m) ($483.1m)
Net cash flows (used in)/from investing activities ($572.0m) $76.6m ($80.0m) ($810.5m) ($785.8m) ($738.8m) ($133.0m) ($113.3m) $113.1m ($274.4m)
Dividends Paid Ordinary Shares Per Share $0.85 $0.90 $2.21 $0.85 $0.85 $1.70 $0.40 $0.28 $0.38
Dividend income from quoted equity securities ($943k) ($2.5m) ($2.0m) ($959k) ($166k) ($168k) ($13k) $0 $0
Net cash flows used in financing activities ($1.6b) $280.9m ($449.5m) ($589.4m) ($461.8m) ($838.6m) ($140.4m) ($33.7m) ($526.6m) ($828.0m)
Effect of exchange rate changes on balances in foreign currencies $29.5m ($41.2m) $28.5m $10.3m ($43.4m) ($16.6m) $56.1m $13.8m $5.7m ($106k)
Net increase in cash and cash equivalents $150.1m $1.8b $141.1m $183.1m $167.8m ($1.1b) ($392.8m) $1.1b $365.9m $1.6b
Cash and cash equivalents at January 1 $3.7b $5.4b $831.1m $5.8b $5.9b $4.8b $4.5b $5.5b $5.9b $7.5b
Interest Paid Classified As Financing Activities $110.8m $16.9m $16.1m $19.6m $23.0m $18.3m $13.8m $13.6m $10.5m ($60.0m)
Income Taxes Paid Refund Classified As Operating Activities $133.0m $32.1m $28.5m $32.9m $36.3m $27.0m $3.0m $15.5m $15.8m ($200.9m)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.