First Tractor Co., Ltd. Class A

First Tractor Co., Ltd. Class A

10.45
USD
+0.09
(+0.87%)
1.13EPS
Oct 29Next Earn

Important Dates

First Tractor Co. Ltd.'s next confirmed earnings release is scheduled for October 29, 2026.

Earnings Date10/29/2026

Share Statistics

As of June 30, 2024, First Tractor Co. Ltd. has 218.63M shares outstanding.

Shares Outstanding218.63M

Financial Position

As of June 30, 2024, First Tractor Co. Ltd. maintains a current ratio of 1.09, meaning it holds 1.1x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 28.69, indicating elevated leverage, while an interest coverage ratio of 51.64 demonstrates strong ability to service its debt obligations.

Current Ratio1.09
Quick Ratio0.53
Debt / Equity28.69
Debt / EBITDA1.78
Interest Coverage51.64

Financial Efficiency

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Over the twelve months ended June 30, 2024, First Tractor Co. Ltd. posted a return on equity (ROE) of 16.76, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 12.14 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 7.92, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 12.19, useful for judging operating efficiency across full business cycles. The company generates approximately 239,270.99 in revenue per employee across its workforce of 6,954.50, a quick read on workforce productivity versus industry peers. Inventory turnover of 8.77 indicates how many times First Tractor Co. Ltd. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)16.76
Return on Assets (ROA)7.92
Return on Invested Capital (ROIC)12.14
Return on Capital Employed (ROCE)12.19
Revenue Per Employee239,270.99
Employee Count6,954.50
Inventory Turnover8.77

Taxes

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Over the twelve months ended June 30, 2024, First Tractor Co. Ltd. recorded 16.35M in income tax expense. That works out to an effective tax rate of 9.41, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 173.82M, leaving 158.01M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax16.35M
Effective Tax Rate9.41

Stock Price Statistics

USD

As of the close on October 20, 2026, First Tractor Co. Ltd.'s stock has declined approximately 15.38% over the past 52 weeks. The 50-day moving average sits at 6.30, while the 200-day moving average is 6.84.

52-Week Price Change-15.38%
50-Day Moving Average6.30
200-Day Moving Average6.84

Income Statement

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Over the twelve months ended June 30, 2024, First Tractor Co. Ltd. generated 1.66B in revenue and converted that into 158.01M in net income, yielding earnings per share of 1.13. EBITDA reached 172.74M, while operating income came in at 145.25M.

Revenue1.66B
Gross Profit276.86M
Operating Income145.25M
Pretax Income173.82M
Net Income158.01M
EBITDA172.74M
EBIT172.74M
Earnings Per Share (EPS)1.13

Balance Sheet

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As of June 30, 2024, First Tractor Co. Ltd. holds 475.87M in cash and equivalents against 306.67M in total debt, resulting in a net debt position of 87.58M. Total book value stands at 996.16M, with working capital of 84.03M providing operational flexibility.

Cash & Cash Equivalents475.87M
Total Debt306.67M
Net Debt87.58M
Equity (Book Value)996.16M
Book Value Per Share4.56
Working Capital84.03M

Cash Flow

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These figures cover the twelve months ended June 30, 2024.

Capital Expenditures-17.13M

Margins

Over the twelve months ended June 30, 2024, First Tractor Co. Ltd. posted a gross margin of 16.64, reflecting its pricing power and cost economics. The operating margin of 8.73 and net profit margin of 9.50 provide insight into operational efficiency.

Gross Margin16.64
Operating Margin8.73
Pretax Margin10.45
Profit Margin9.50
EBITDA Margin10.38

Dividends & Yields

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Over the twelve months ended June 30, 2024, First Tractor Co. Ltd. paid dividends of 0.37 per share. The dividend payout ratio of 32.97 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth.

Dividend Per Share0.37
Payout Ratio32.97