First Tractor is forecast to grow earnings and revenue by 19.8% and 13.5% per annum respectively while EPS is expected to grow by 20.7% per annum.
Key information
19.8%
Earnings growth rate
20.72%
EPS growth rate
Machinery earnings growth
31.4%
Revenue growth rate
13.5%
Future return on equity
n/a
Analyst coverage
Low
Last updated
28 Apr 2026
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
XSSC:601038 - Analysts future estimates and past financials data (CNY Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
12/31/2028
15,857
1,436
N/A
1,785
2
12/31/2027
14,067
1,147
N/A
1,809
2
12/31/2026
12,273
939
N/A
995
2
3/31/2026
10,935
845
863
1,059
N/A
12/31/2025
10,823
812
723
916
N/A
9/30/2025
10,870
815
462
562
N/A
6/30/2025
11,025
786
608
698
N/A
3/31/2025
11,805
852
945
1,056
N/A
12/31/2024
11,904
922
1,104
1,216
N/A
9/30/2024
12,018
1,013
1,186
1,300
N/A
6/30/2024
12,092
1,148
892
1,017
N/A
3/31/2024
11,995
1,111
1,040
1,149
N/A
12/31/2023
11,534
997
967
1,056
N/A
9/30/2023
12,495
970
1,289
1,372
N/A
6/30/2023
13,182
854
1,197
1,281
N/A
3/31/2023
12,510
686
3,634
3,711
N/A
12/31/2022
12,564
681
3,508
3,602
N/A
9/30/2022
11,424
565
2,750
2,850
N/A
6/30/2022
10,332
508
3,100
3,184
N/A
3/31/2022
10,334
531
379
434
N/A
12/31/2021
9,334
438
514
582
N/A
9/30/2021
9,350
472
1,880
1,941
N/A
6/30/2021
9,098
468
1,402
1,470
N/A
3/30/2021
8,734
470
1,398
1,519
N/A
12/31/2020
7,582
280
1,168
1,249
N/A
9/30/2020
7,097
469
765
979
N/A
6/30/2020
6,521
365
115
345
N/A
3/31/2020
5,786
215
-162
57
N/A
12/31/2019
5,830
61
N/A
331
N/A
9/30/2019
5,932
-833
N/A
126
N/A
6/30/2019
5,526
-1,136
N/A
537
N/A
3/31/2019
5,464
-1,303
N/A
440
N/A
12/31/2018
5,682
-1,300
N/A
-384
N/A
9/30/2018
6,171
-414
N/A
-302
N/A
6/30/2018
6,675
-121
N/A
-89
N/A
3/31/2018
7,027
40
N/A
-868
N/A
12/31/2017
7,358
57
N/A
-556
N/A
9/30/2017
7,520
51
N/A
187
N/A
6/30/2017
7,975
104
N/A
657
N/A
3/31/2017
8,484
201
N/A
1,525
N/A
12/31/2016
8,869
230
N/A
2,093
N/A
9/30/2016
8,774
174
N/A
1,451
N/A
6/30/2016
9,106
145
N/A
869
N/A
3/31/2016
9,663
137
N/A
1,291
N/A
12/31/2015
9,655
135
N/A
638
N/A
9/30/2015
9,505
249
N/A
971
N/A
6/30/2015
9,262
204
N/A
697
N/A
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 601038's forecast earnings growth (19.8% per year) is above the savings rate (2.4%).
Earnings vs Market: 601038's earnings (19.8% per year) are forecast to grow slower than the CN market (26.9% per year).
High Growth Earnings: 601038's earnings are forecast to grow, but not significantly.
Revenue vs Market: 601038's revenue (13.5% per year) is forecast to grow slower than the CN market (16.4% per year).
High Growth Revenue: 601038's revenue (13.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 601038's Return on Equity is forecast to be high in 3 years time
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/10 17:02
End of Day Share Price
2026/06/10 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
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.
* 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.
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Industry and Sector Metrics
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Analyst Sources
First Tractor Company Limited is covered by 10 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.