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First Tractor SEHK:38 Stock Report

Last Price

HK$8.68

Market Cap

HK$18.4b

7D

6.8%

1Y

96.8%

Updated

07 May, 2024

Data

Company Financials +

First Tractor Company Limited

SEHK:38 Stock Report

Market Cap: HK$18.4b

38 Stock Overview

First Tractor Company Limited engages in the research and development, manufacture, and sale of agricultural and power machinery, and related spare parts worldwide.

38 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance5/6
Financial Health6/6
Dividends4/6

First Tractor Company Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for First Tractor
Historical stock prices
Current Share PriceHK$8.68
52 Week HighHK$8.72
52 Week LowHK$3.42
Beta1.12
1 Month Change41.37%
3 Month Change47.87%
1 Year Change96.83%
3 Year Change90.35%
5 Year Change366.67%
Change since IPO71.88%

Recent News & Updates

Investors Still Aren't Entirely Convinced By First Tractor Company Limited's (HKG:38) Earnings Despite 34% Price Jump

Apr 28
Investors Still Aren't Entirely Convinced By First Tractor Company Limited's (HKG:38) Earnings Despite 34% Price Jump

Is First Tractor (HKG:38) Using Too Much Debt?

Apr 17
Is First Tractor (HKG:38) Using Too Much Debt?

Recent updates

Investors Still Aren't Entirely Convinced By First Tractor Company Limited's (HKG:38) Earnings Despite 34% Price Jump

Apr 28
Investors Still Aren't Entirely Convinced By First Tractor Company Limited's (HKG:38) Earnings Despite 34% Price Jump

Is First Tractor (HKG:38) Using Too Much Debt?

Apr 17
Is First Tractor (HKG:38) Using Too Much Debt?

We Think You Should Be Aware Of Some Concerning Factors In First Tractor's (HKG:38) Earnings

Apr 03
We Think You Should Be Aware Of Some Concerning Factors In First Tractor's (HKG:38) Earnings

Here's Why We Think First Tractor (HKG:38) Might Deserve Your Attention Today

Mar 20
Here's Why We Think First Tractor (HKG:38) Might Deserve Your Attention Today

First Tractor Company Limited's (HKG:38) Shares Leap 25% Yet They're Still Not Telling The Full Story

Feb 19
First Tractor Company Limited's (HKG:38) Shares Leap 25% Yet They're Still Not Telling The Full Story

Is There Now An Opportunity In First Tractor Company Limited (HKG:38)?

Jan 31
Is There Now An Opportunity In First Tractor Company Limited (HKG:38)?

First Tractor (HKG:38) Has A Rock Solid Balance Sheet

Jan 16
First Tractor (HKG:38) Has A Rock Solid Balance Sheet

We Ran A Stock Scan For Earnings Growth And First Tractor (HKG:38) Passed With Ease

Nov 28
We Ran A Stock Scan For Earnings Growth And First Tractor (HKG:38) Passed With Ease

First Tractor (HKG:38) Is Experiencing Growth In Returns On Capital

Aug 30
First Tractor (HKG:38) Is Experiencing Growth In Returns On Capital

We Like These Underlying Return On Capital Trends At First Tractor (HKG:38)

May 04
We Like These Underlying Return On Capital Trends At First Tractor (HKG:38)

There's Been No Shortage Of Growth Recently For First Tractor's (HKG:38) Returns On Capital

Sep 30
There's Been No Shortage Of Growth Recently For First Tractor's (HKG:38) Returns On Capital

Is First Tractor (HKG:38) Using Too Much Debt?

Apr 28
Is First Tractor (HKG:38) Using Too Much Debt?

The Return Trends At First Tractor (HKG:38) Look Promising

Jan 05
The Return Trends At First Tractor (HKG:38) Look Promising

First Tractor (HKG:38) Seems To Use Debt Rather Sparingly

Dec 13
First Tractor (HKG:38) Seems To Use Debt Rather Sparingly

Investors Will Want First Tractor's (HKG:38) Growth In ROCE To Persist

Aug 13
Investors Will Want First Tractor's (HKG:38) Growth In ROCE To Persist

With EPS Growth And More, First Tractor (HKG:38) Is Interesting

Jul 26
With EPS Growth And More, First Tractor (HKG:38) Is Interesting

First Tractor (HKG:38) Could Easily Take On More Debt

May 30
First Tractor (HKG:38) Could Easily Take On More Debt

Investors Will Want First Tractor's (HKG:38) Growth In ROCE To Persist

May 11
Investors Will Want First Tractor's (HKG:38) Growth In ROCE To Persist

The Case For First Tractor Company Limited (HKG:38): Could It Be A Nice Addition To Your Dividend Portfolio?

Apr 26
The Case For First Tractor Company Limited (HKG:38): Could It Be A Nice Addition To Your Dividend Portfolio?

Is First Tractor (HKG:38) Using Debt In A Risky Way?

Jan 18
Is First Tractor (HKG:38) Using Debt In A Risky Way?

Here's Why We Don't Think First Tractor's (HKG:38) Statutory Earnings Reflect Its Underlying Earnings Potential

Dec 20
Here's Why We Don't Think First Tractor's (HKG:38) Statutory Earnings Reflect Its Underlying Earnings Potential

Are Institutions Heavily Invested In First Tractor Company Limited's (HKG:38) Shares?

Nov 24
Are Institutions Heavily Invested In First Tractor Company Limited's (HKG:38) Shares?

Shareholder Returns

38HK MachineryHK Market
7D6.8%3.3%2.4%
1Y96.8%12.1%-8.7%

Return vs Industry: 38 exceeded the Hong Kong Machinery industry which returned 12.1% over the past year.

Return vs Market: 38 exceeded the Hong Kong Market which returned -8.7% over the past year.

Price Volatility

Is 38's price volatile compared to industry and market?
38 volatility
38 Average Weekly Movement7.4%
Machinery Industry Average Movement6.1%
Market Average Movement7.4%
10% most volatile stocks in HK Market15.0%
10% least volatile stocks in HK Market3.6%

Stable Share Price: 38's share price has been volatile over the past 3 months.

Volatility Over Time: 38'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 spare parts worldwide. The company operates through three divisions: Agricultural Machinery, Power Machinery, and Finance. It offers wheeled and crawler tractors, and its components, such as castings, forgings gears, gear boxes, and covers; and off-road diesel engines, as well as accessory parts, including fuel injection pumps and fuel injectors.

First Tractor Company Limited Fundamentals Summary

How do First Tractor's earnings and revenue compare to its market cap?
38 fundamental statistics
Market capHK$18.43b
Earnings (TTM)HK$1.20b
Revenue (TTM)HK$13.00b

8.1x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
38 income statement (TTM)
RevenueCN¥12.00b
Cost of RevenueCN¥10.05b
Gross ProfitCN¥1.95b
Other ExpensesCN¥837.84m
EarningsCN¥1.11b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.99
Gross Margin16.24%
Net Profit Margin9.26%
Debt/Equity Ratio2.9%

How did 38 perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

32%

Payout Ratio

Does 38 pay a reliable dividends?

See 38 dividend history and benchmarks
When do you need to buy 38 by to receive an upcoming dividend?
First Tractor dividend dates
Ex Dividend DateMay 31 2024
Dividend Pay DateJul 31 2024
Days until Ex dividend23 days
Days until Dividend pay date84 days

Does 38 pay a reliable dividends?

See 38 dividend history and benchmarks
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