First Tractor Company Limited

XSSC:601038 Stock Report

Market Cap: CN¥13.6b

First Tractor Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Tao Wei

Chief executive officer

CN¥1.8m

Total compensation

CEO salary percentage96.9%
CEO tenure1.2yrs
CEO ownershipn/a
Management average tenure5.3yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tao Wei's remuneration changed compared to First Tractor's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CN¥1b

Jun 30 2024n/an/a

CN¥1b

Mar 31 2024n/an/a

CN¥1b

Dec 31 2023CN¥2mCN¥2m

CN¥997m

Sep 30 2023n/an/a

CN¥970m

Jun 30 2023n/an/a

CN¥854m

Mar 31 2023n/an/a

CN¥686m

Dec 31 2022CN¥848kCN¥800k

CN¥681m

Compensation vs Market: Tao's total compensation ($USD248.03K) is above average for companies of similar size in the CN market ($USD163.81K).

Compensation vs Earnings: Tao's compensation has increased by more than 20% in the past year.

CEO

Tao Wei (44 yo)

1.2yrs

Tenure

CN¥1,810,200

Compensation

Mr. Tao Wei serves as General Manager of First Tractor Company Limited from October 23, 2023 and serves as its Director from November 8, 2023 and served as Deputy General Manager of First Tractor Company L...

Leadership Team

NamePositionTenureCompensationOwnership
Tao Wei
GM & Director1.2yrsCN¥1.81mno data
Wensheng Su
Deputy General Manager6.2yrsCN¥2.18mno data
Wenpu Xue
Deputy General Manager5.3yrsCN¥2.14mno data
Guangjun Yang
Deputy General Managerno dataCN¥1.73mno data
Lina Yu
Deputy GM & Company Secretary18.4yrsCN¥2.17mno data
Qingliang Zhao
Deputy General Managerless than a yearno datano data

5.3yrs

Average Tenure

47.5yo

Average Age

Experienced Management: 601038's management team is seasoned and experienced (5.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Tao Wei
GM & Directorless than a yearCN¥1.81mno data
Lak Pun Sit
Independent Non-Executive Director6.2yrsCN¥112.40kno data
Xiaoyu Li
Chairman of the Boardless than a yearno datano data
Kun Yang
Staff Representative Supervisor6.2yrsno datano data
Yu Yang
Chairman of Board of Supervisors3.1yrsno datano data
Xianfa Fang
Non-Independent Non-Executive Director2.7yrsno datano data
Shumao Wang
Independent Non-Executive Director2.7yrsCN¥105.00kno data
Liyou Xu
Independent Non-Executive Director2.7yrsno datano data
Aiqin Gu
Non-Staff Representative Supervisor2.7yrsno datano data
Bin Xiao
Non-Staff Representative Supervisor2.7yrsno datano data
Peng Li
Staff Representative Supervisor2.7yrsno datano data

2.7yrs

Average Tenure

55yo

Average Age

Experienced Board: 601038's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 01:37
End of Day Share Price 2024/12/26 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