Strong Revenue Growth (Second Half)
Revenue for 2H2025 increased 33.5% year-over-year to RMB 11.8 billion (USD 1.7 billion), driving higher scale and improved profitability in the period.
Full-Year Revenue and Volume Expansion
Fiscal 2025 revenue rose to RMB 24.7 billion (USD 3.5 billion), up 20.9% year-over-year, supported by a 29.4% increase in total engines sold to 461,309 units.
Material Gross Profit and Margin Improvement
Gross profit increased 58.4% in 2H to RMB 2.2 billion and grew 44.3% for FY to RMB 4.1 billion. Gross margin improved to 18.9% in 2H (from 15.9%) and to 16.5% for FY (from 14.7%), driven by higher volumes, favorable product mix toward heavy‑duty/high‑horsepower engines and cost initiatives.
Large Operating Profit Gain and Margin Expansion
Operating profit rose 193.1% in 2H to RMB 469.2 million (operating margin 4.0% vs 1.8% prior) and increased 82.7% for FY to RMB 1.1 billion (operating margin 4.4% vs 3.1% prior), benefiting from mix, scale and lower SG&A as a percent of revenue.
Significant Net Income and EPS Improvement
Net profit attributable to shareholders increased 107.4% in 2H to RMB 171.6 million and rose 66.3% for FY to RMB 537.4 million. Basic and diluted EPS increased to RMB 4.57 in 2H and RMB 14.32 for FY (EPS up materially year-over-year).
Explosive Data Center / High‑Horsepower Engine Demand
Combined MTU Yuchai and Yuchai high‑horsepower engine sales to data centers exceeded 2,000 units in 2025 versus 750 units the prior year, reflecting rapid growth in the power generation segment for data centers.
Strong Truck & Bus Engine Gains
Truck and bus engine unit sales surged (2H truck & bus +49.2% YoY; FY truck engine sales up ~50.7%), led by heavy-duty truck engines which grew dramatically (heavy‑duty +146.1% in 2H and +80.1% in FY), outpacing market vehicle growth.
Improved Cash Position and Lower Finance Costs
Cash and bank balances rose to RMB 7.9 billion (from RMB 6.4 billion), while finance costs fell ~20% in 2H and ~20.8% for FY due to lower bank term loans and reduced bill discounting.
Strategic Investments and Corporate Actions
Acquired 27.97% equity in Nanyue Diankong (fuel injection systems), became limited partner in a private equity fund, and filed for a potential Hong Kong listing for Guangxi Yuchai Marine & Genset Power—moves to strengthen tech, supply chain and capital access.
Shareholder Payout
Paid a cash dividend of $0.53 per ordinary share in July 2025, signaling confidence in future cash flow and shareholder returns.