Revenue from contracts with customers (Tables)

12 Months Ended

Dec. 31, 2022

Set out below is the disaggregation of the Group’s revenue from contracts with customers:


	31.12.2020
Segments	Yuchai		HLGE		Total
	RMB’000		RMB’000		RMB’000
Type of goods or services
Heavy-duty engines		6,725,312		—		6,725,312
Medium-duty engines		6,626,629		—		6,626,629
Light-duty engines		2,356,168		—		2,356,168
Other products and services (i)		4,809,921		—		4,809,921
Revenue from hospitality operations		39,630		23,510		63,140

Total revenue from contracts with customers		20,557,660		23,510		20,581,170

Geographical markets
People’s Republic of China		20,504,288		—		20,504,288
Other countries		53,372		23,510		76,882

Total revenue from contracts with customers		20,557,660		23,510		20,581,170

Timing of revenue recognition
At a point in time		20,518,030		—		20,518,030
Over time		39,630		23,510		63,140

Total revenue from contracts with customers		20,557,660		23,510		20,581,170


	31.12.2021
Segments	Yuchai		HLGE		Total
	RMB’000		RMB’000		RMB’000
Type of goods or services
Heavy-duty engines		7,410,771		—		7,410,771
Medium-duty engines		7,065,283		—		7,065,283
Light-duty engines		2,429,745		—		2,429,745
Other products and services (i)		4,304,918		77		4,304,995
Revenue from hospitality operations		43,417		11,719		55,136

Total revenue from contracts with customers		21,254,134		11,796		21,265,930

Geographical markets
People’s Republic of China		21,206,280		—		21,206,280
Other countries		47,854		11,796		59,650

Total revenue from contracts with customers		21,254,134		11,796		21,265,930

Timing of revenue recognition
At a point in time		21,210,718		8,067		21,218,785
Over time		43,416		3,729		47,145

Total revenue from contracts with customers		21,254,134		11,796		21,265,930


	31.12.2022
Segments	Yuchai		HLGE		Total		Total
	RMB’000		RMB’000		RMB’000		US$’000
Type of goods or services
Heavy-duty engines		5,061,991		—		5,061,991		728,145
Medium-duty engines		5,066,622		—		5,066,622		728,811
Light-duty engines		1,910,923		—		1,910,923		274,878
Other products and services (i)		3,910,703		176		3,910,879		562,563
Revenue from hospitality operations		47,527		32,694		80,221		11,539

Total revenue from contracts with customers		15,997,766		32,870		16,030,636		2,305,936

Geographical markets
People’s Republic of China		15,886,210		—		15,886,210		2,285,161
Other countries		111,556		32,870		144,426		20,775

Total revenue from contracts with customers		15,997,766		32,870		16,030,636		2,305,936

Timing of revenue recognition
At a point in time		15,950,239		7,702		15,957,941		2,295,479
Over time		47,527		25,168		72,695		10,457

Total revenue from contracts with customers		15,997,766		32,870		16,030,636		2,305,936

Note:

(i)

included sales of power generator sets, engine components, service-type maintenance services and others.

(a)

Set out below is the amount of revenue recognized from:


	31.12.2021		31.12.2022		31.12.2022
	RMB’000		RMB’000		US$’000
Amounts included in contract liabilities		874,391		544,495		78,323

(b)

Capitalized contract costs


	31.12.2021		31.12.2022		31.12.2022
	RMB’000		RMB’000		US$’000
Capitalized contract costs relating to the projects on development of technology know-how
At January 1		127,704		147,499		21,217
Addition		19,795		50,193		7,220

At December 31		147,499		197,692		28,437

The transaction price allocated to the remaining unsatisfied performance obligations as of 31 December are, as follows:


	31.12.2021		31.12.2022		31.12.2022
	RMB’000		RMB’000		US$’000
Within one year		140,601		117,906		16,960
More than one year		69,172		77,339		11,125

Total unfulfilled service-type maintenance service (Note 24)		209,773		195,245		28,085