XML 64 R48.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Revenue from contracts with customers (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Text block [abstract] |
Summary of Disaggregation of Group's Revenue from Contracts with Customers | Set out below is the disaggregation of the Group’s revenue from contracts with customers:
|  | 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 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
Type of goods or services |  |  |  |  |  |  |  |  |  |  |  |
Heavy-duty engines |  |  | 5,061,991 |  |  |  | — |  |  |  | 5,061,991 |
Medium-duty engines |  |  | 5,066,622 |  |  |  | — |  |  |  | 5,066,622 |
Light-duty engines |  |  | 1,910,923 |  |  |  | — |  |  |  | 1,910,923 |
Other products and services ( i ) |  |  | 3,910,703 |  |  |  | 176 |  |  |  | 3,910,879 |
Revenue from hospitality operations |  |  | 47,527 |  |  |  | 32,694 |  |  |  | 80,221 |
Total revenue from contracts with customers |  |  | 15,997,766 |  |  |  | 32,870 |  |  |  | 16,030,636 |
Geographical markets |  |  |  |  |  |  |  |  |  |  |  |
People’s Republic of China |  |  | 15,886,210 |  |  |  | — |  |  |  | 15,886,210 |
Other countries |  |  | 111,556 |  |  |  | 32,870 |  |  |  | 144,426 |
Total revenue from contracts with customers |  |  | 15,997,766 |  |  |  | 32,870 |  |  |  | 16,030,636 |
Timing of revenue recognition |  |  |  |  |  |  |  |  |  |  |  |
At a point in time |  |  | 15,950,239 |  |  |  | 7,702 |  |  |  | 15,957,941 |
Over time |  |  | 47,527 |  |  |  | 25,168 |  |  |  | 72,695 |
Total revenue from contracts with customers |  |  | 15,997,766 |  |  |  | 32,870 |  |  |  | 16,030,636 |
|  | 31.12.2023 |
Segments |  | Yuchai |  |  | HLGE |  |  | Total |  |  | Total |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |  |  | US$’000 |
Type of goods or services |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Heavy-duty engines |  |  | 5,552,544 |  |  |  | — |  |  |  | 5,552,544 |  |  |  | 781,652 |
Medium-duty engines |  |  | 5,696,186 |  |  |  | — |  |  |  | 5,696,186 |  |  |  | 801,873 |
Light-duty engines |  |  | 1,621,538 |  |  |  | — |  |  |  | 1,621,538 |  |  |  | 228,270 |
Other products and services ( i ) |  |  | 5,089,069 |  |  |  | 154 |  |  |  | 5,089,223 |  |  |  | 716,429 |
Revenue from hospitality operations |  |  | 55,943 |  |  |  | 30,915 |  |  |  | 86,858 |  |  |  | 12,227 |
Total revenue from contracts with customers |  |  | 18,015,280 |  |  |  | 31,069 |  |  |  | 18,046,349 |  |  |  | 2,540,451 |
Geographical markets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
People’s Republic of China |  |  | 17,877,450 |  |  |  | — |  |  |  | 17,877,450 |  |  |  | 2,516,675 |
Other countries |  |  | 137,830 |  |  |  | 31,069 |  |  |  | 168,899 |  |  |  | 23,776 |
Total revenue from contracts with customers |  |  | 18,015,280 |  |  |  | 31,069 |  |  |  | 18,046,349 |  |  |  | 2,540,451 |
Timing of revenue recognition |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
At a point in time |  |  | 17,959,337 |  |  |  | 8,115 |  |  |  | 17,967,452 |  |  |  | 2,529,344 |
Over time |  |  | 55,943 |  |  |  | 22,954 |  |  |  | 78,897 |  |  |  | 11,107 |
Total revenue from contracts with customers |  |  | 18,015,280 |  |  |  | 31,069 |  |  |  | 18,046,349 |  |  |  | 2,540,451 |
Note:
| (i) | included sales of power generator sets, NEV products and others.
Summary of Contract Balances |
|  |  |  |  | 31.12.2022 |  |  | 31.12.2023 |  |  | 31.12.2023 |
|  |  |  |  | RMB’000 |  |  | RMB’000 |  |  | US$’000 |
Trade receivables (Note 15) |  |  |  |  |  |  | 1,516,215 |  |  |  | 1,093,788 |  |  |  | 153,976 |
Capitalized contract cost |  |  |  |  |  |  | 197,692 |  |  |  | 122,627 |  |  |  | 17,263 |
Contract liabilities (Note 24) |  |  |  |  |  |  | 695,076 |  |  |  | 691,427 |  |  |  | 97,334 |
Schedule of revenue recognized |
| (a) | Set out below is the amount of revenue recognized from:
|  |  |  |  | 31.12.2022 |  |  | 31.12.2023 |  |  | 31.12.2023 |
|  |  |  |  | RMB’000 |  |  | RMB’000 |  |  | US$’000 |
Amounts included in contract liabilities |  |  |  |  |  |  | 544,495 |  |  |  | 640,864 |  |  |  | 90,217 |
Schedule of contract cost capitalized |
| (b) | Capitalized contract costs
|  |  |  |  | 31.12.2022 |  |  | 31.12.2023 |  |  | 31.12.2023 |
|  |  |  |  | RMB’000 |  |  | RMB’000 |  |  | US$’000 |
Capitalized contract costs relating to the projects on development of technology know-how |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
At January 1 |  |  |  |  |  |  | 147,499 |  |  |  | 197,692 |  |  |  | 27,830 |
Addition |  |  |  |  |  |  | 50,193 |  |  |  | 14,628 |  |  |  | 2,059 |
Recognized in income statement |  |  |  |  |  |  | — |  |  |  | (89,693 | ) |  |  | (12,626 | )
At December 31 |  |  |  |  |  |  | 197,692 |  |  |  | 122,627 |  |  |  | 17,263 |
Summary of Performance Obligations | The transaction price allocated to the remaining unsatisfied performance obligations as of 31 December are, as follows:
|  |  |  |  | 31.12.2022 |  |  | 31.12.2023 |  |  | 31.12.2023 |
|  |  |  |  | RMB’000 |  |  | RMB’000 |  |  | US$’000 |
Within one year |  |  |  |  |  |  | 117,906 |  |  |  | 102,978 |  |  |  | 14,497 |
More than one year |  |  |  |  |  |  | 77,339 |  |  |  | 52,214 |  |  |  | 7,350 |
Total unfulfilled service-type maintenance service (Note 24) |  |  |  |  |  |  | 195,245 |  |  |  | 155,192 |  |  |  | 21,847 |

X
- Definition Disclosure Of Detailed Information About Contract Assets. + References No definition available. + Details
Name: | cyd_DisclosureOfDetailedInformationAboutContractAssetsTextBlock
Namespace Prefix: | cyd_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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 disclosure of the disaggregation of revenue from contracts with customers. [Refer: Revenue from contracts with customers] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 15 -IssueDate 2023-01-01 -Paragraph 114 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=15&code=ifrs-tx-2023-en-r&anchor=para_114&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of performance obligations in contracts with customers. [Refer: Performance obligations [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 15 -IssueDate 2023-01-01 -Paragraph 119 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=15&code=ifrs-tx-2023-en-r&anchor=para_119&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfPerformanceObligationsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the transaction price allocated to the remaining performance obligations in contracts with customers. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 15 -IssueDate 2023-01-01 -Paragraph 120 -Subparagraph b -Clause i -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=15&code=ifrs-tx-2023-en-r&anchor=para_120_b_i&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfTransactionPriceAllocatedToRemainingPerformanceObligationsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The explanation of the significant changes in the contract assets and the contract liabilities. [Refer: Contract assets; Contract liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 15 -IssueDate 2023-01-01 -Paragraph 118 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=15&code=ifrs-tx-2023-en-r&anchor=para_118&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_ExplanationOfSignificantChangesInContractAssetsAndContractLiabilitiesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration