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First Tractor XSSC:601038 Stock Report

Last Price

CN¥14.82

Market Cap

CN¥13.5b

7D

-10.6%

1Y

5.6%

Updated

25 Dec, 2024

Data

Company Financials +

First Tractor Company Limited

XSSC:601038 Stock Report

Market Cap: CN¥13.5b

601038 Stock Overview

Engages in the research and development, manufacture, and sale of agricultural and power machinery, and related products worldwide. More details

601038 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends5/6

My Notes

Capture your thoughts, links and company narrative

First Tractor Company Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for First Tractor
Historical stock prices
Current Share PriceHK$14.82
52 Week HighHK$20.49
52 Week LowHK$12.09
Beta1.05
1 Month Change-2.88%
3 Month Change-11.84%
1 Year Change5.56%
3 Year Change10.60%
5 Year Change113.54%
Change since IPO63.94%

Recent News & Updates

Recent updates

Shareholder Returns

601038CN MachineryCN Market
7D-10.6%-1.5%-1.0%
1Y5.6%9.0%10.8%

Return vs Industry: 601038 underperformed the CN Machinery industry which returned 11.4% over the past year.

Return vs Market: 601038 underperformed the CN Market which returned 12.3% over the past year.

Price Volatility

Is 601038's price volatile compared to industry and market?
601038 volatility
601038 Average Weekly Movement6.9%
Machinery Industry Average Movement9.1%
Market Average Movement8.8%
10% most volatile stocks in CN Market13.0%
10% least volatile stocks in CN Market5.8%

Stable Share Price: 601038 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 601038's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19556,891Tao Weiwww.first-tractor.com.cn

First Tractor Company Limited engages in the research and development, manufacture, and sale of agricultural and power machinery, and related products worldwide. It offers wheeled and crawler tractors; and off-road diesel engines, its components, such as castings, forgings, gears, gear boxes, and covers, and cylinder blocks, crankshafts, oil injection pumps, and oil injection nozzles, as well as fuel injection pumps and fuel engines. The company was formerly known as First Tractor Works of China.

First Tractor Company Limited Fundamentals Summary

How do First Tractor's earnings and revenue compare to its market cap?
601038 fundamental statistics
Market capCN¥13.52b
Earnings (TTM)CN¥1.01b
Revenue (TTM)CN¥12.02b

7.6x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
601038 income statement (TTM)
RevenueCN¥12.02b
Cost of RevenueCN¥10.16b
Gross ProfitCN¥1.86b
Other ExpensesCN¥848.30m
EarningsCN¥1.01b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.90
Gross Margin15.48%
Net Profit Margin8.43%
Debt/Equity Ratio2.7%

How did 601038 perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

35%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 12:17
End of Day Share Price 2024/12/25 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First Tractor Company Limited is covered by 12 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tingting LiBNP Paribas Securities (Asia)
Qianyu NingBohai Securities Co., Ltd.
Wei LuoChina International Capital Corporation Limited