XML 38 R24.htm IDEA: XBRL DOCUMENT
v3.21.1

Leases | 12 Months Ended
--- | ---
Dec. 31, 2020
Text block [abstract] |
leases |
1 7 . | Leases
Group as a lessee The Group has lease contracts for land, motor vehicles, office space and staff accommodations used in its operations. These leases are generally with lease term of between 1 and 6 years. The Group’s obligations under its leases are secured by the lessor’s title to the leased assets. The Group also has certain leases of office space and staff accommodations with lease terms of 12 months or less. The Group has applied the “short-term leases” recognition exemptions for these leases . Set out below are the carrying amounts of right-of-use assets recognized and the movements during the year.
|  | Leasehold land RMB’000 |  |  | Building and office space RMB’000 |  |  | Office furniture, fittings and equipment RMB’000 |  |  | Total RMB’000 |  |  | Total US$’000 |
At January 1, 2019 |  |  | 369,925 |  |  |  | 76,644 |  |  |  | 39 |  |  |  | 446,608 |  |  |  | 69,014 |
Addition |  |  | — |  |  |  | 11,473 |  |  |  | — |  |  |  | 11,473 |  |  |  | 1,773 |
Depreciation expenses |  |  | (14,347 | ) |  |  | (26,597 | ) |  |  | (14 | ) |  |  | (40,958 | ) |  |  | (6,329 | )
Disposal |  |  | (1,771 | ) |  |  | — |  |  |  | — |  |  |  | (1,771 | ) |  |  | (274 | )
Translation difference |  |  | — |  |  |  | 36 |  |  |  | (4 | ) |  |  | 32 |  |  |  | 5 |
At December 31, 2019 and January 1, 2020 |  |  | 353,807 |  |  |  | 61,556 |  |  |  | 21 |  |  |  | 415,384 |  |  |  | 64,189 |
Addition |  |  | 2,058 |  |  |  | 13,198 |  |  |  | — |  |  |  | 15,256 |  |  |  | 2,357 |
Depreciation expenses |  |  | (14,102 | ) |  |  | (29,182 | ) |  |  | (14 | ) |  |  | (43,298 | ) |  |  | (6,691 | )
Disposal |  |  | (3,198 | ) |  |  | — |  |  |  | — |  |  |  | (3,198 | ) |  |  | (494 | )
Translation difference |  |  | — |  |  |  | (142 | ) |  |  | (1 | ) |  |  | (143 | ) |  |  | (22 | )
At December 31, 2020 |  |  | 338,565 |  |  |  | 45,430 |  |  |  | 6 |  |  |  | 384,001 |  |  |  | 59,339 |
Set out below are the carrying amounts of lease liabilities and the movements during the year:
|  | 2019 |  |  | 2020 |  |  | 2020 |
|  | RMB’000 |  |  | RMB’000 |  |  | US$’000 |
At January 1 |  |  | 96,852 |  |  |  | 60,007 |  |  |  | 9,273 |
Additions |  |  | 11,473 |  |  |  | 15,256 |  |  |  | 2,357 |
Accretion of interest (Note 7 .3) |  |  | 2,918 |  |  |  | 2,198 |  |  |  | 340 |
Payments |  |  | (51,283 | ) |  |  | (37,561 | ) |  |  | (5,805 | )
Translation difference |  |  | 47 |  |  |  | (122 | ) |  |  | (18 | )
At December 31 |  |  | 60,007 |  |  |  | 39,778 |  |  |  | 6,147 |
Current (Note 2 5 ) |  |  | 28,633 |  |  |  | 22,755 |  |  |  | 3,516 |
Non-current (Note 2 5 ) |  |  | 31,374 |  |  |  | 17,023 |  |  |  | 2,631 |
Total |  |  | 60,007 |  |  |  | 39,778 |  |  |  | 6,147 |
The maturity analysis of lease liabilities is disclosed in Note 2 5 . The following are the amounts recognized in profit of loss:
|  | 2019 RMB’000 |  |  | 2020 RMB’000 |  |  | 2020 US$’000 |
Depreciation charge for right-of-use assets |  |  | 40,958 |  |  |  | 43,127 |  |  |  | 6,664 |
Interest expenses on lease liabilities (Note 7 .3) |  |  | 2,918 |  |  |  | 2,198 |  |  |  | 340 |
Expenses relating to short-term leases (included in selling, general and administrative costs and research and development cost) |  |  | 14,341 |  |  |  | 14,313 |  |  |  | 2,212 |
Total amount recognized in profit or loss |  |  | 58,217 |  |  |  | 59,638 |  |  |  | 9,216 |
In 2020, the Group had total cash outflows for leases of RMB 51.9 million (US$8.0 million) (2019: RMB 65.6 million). The Group also had non-cash additions to right-of-use assets and lease liabilities of RMB 15.3 million (US$2.4 million) in 2020 (2019: RMB 11.5 million). The future cash outflows relating to leases that have not yet commenced are disclosed in Note 29 . Group as a lessor The Group has entered into operating leases on some of its assets, including surplus office and warehouse. Theses leases have terms betwe en 1 to 15 years. Rental income recognized by the Group during the year is RMB 13.3 million (US$ 2.1 million) ( 2019 : RMB 11.9 million) .
Future minimum rental receivables under non-cancellable operating leases as of 31 December are as follows:
|  | 31.12.2019 |  |  | 31.12.2020 |  |  | 31.12.2020 |
|  | RMB’000 |  |  | RMB’000 |  |  | US$’000 |
Within 1 year |  |  |  |  |  |  |  |  |  |  |  |
- related parties |  |  | 1,787 |  |  |  | 902 |  |  |  | 139 |
- joint venture |  |  | 2,691 |  |  |  | 2,590 |  |  |  | 400 |
- third parties |  |  | 892 |  |  |  | 5,058 |  |  |  | 782 |
After 1 year but within 5 years |  |  |  |  |  |  |  |  |  |  |  |
- related parties |  |  | 660 |  |  |  | — |  |  |  | — |
- joint venture |  |  | 10,526 |  |  |  | 10,720 |  |  |  | 1,657 |
- third parties |  |  | 1,504 |  |  |  | 13,305 |  |  |  | 2,056 |
After than 5 years |  |  |  |  |  |  |  |  |  |  |  |
- joint venture |  |  | 5,643 |  |  |  | 14,141 |  |  |  | 2,185 |
- third parties |  |  | 889 |  |  |  | 4,392 |  |  |  | 679 |
|  |  | 24,592 |  |  |  | 51,108 |  |  |  | 7,898 |

X
- Definition Text block [abstract] + References No definition available. + Details
Name: | cyd_TextBlockAbstract
Namespace Prefix: | cyd_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for leases. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 16 -IssueDate 2020-01-01 -Section Presentation -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2020-en-r&doctype=Standard&dita_xref=IFRS16_g47-50_TI -URIDate 2020-01-01 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 16 -IssueDate 2020-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2020-en-r&doctype=Standard&dita_xref=IFRS16_g51-60_TI -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfLeasesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration