company background image
38 logo

First Tractor SHSC:38 Stock Report

Last Price

HK$8.13

Market Cap

HK$17.4b

7D

12.4%

1Y

91.3%

Updated

01 May, 2024

Data

Company Financials +

First Tractor Company Limited

SHSC:38 Stock Report

Market Cap: HK$17.4b

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$8.13
52 Week HighHK$8.36
52 Week LowHK$3.42
Beta1.12
1 Month Change33.28%
3 Month Change58.79%
1 Year Change91.29%
3 Year Change107.93%
5 Year Change325.65%
Change since IPO38.74%

Recent News & Updates

Recent updates

Shareholder Returns

38HK MachineryHK Market
7D12.4%2.2%4.3%
1Y91.3%13.6%-8.5%

Return vs Industry: 38 exceeded the Hong Kong Machinery industry which returned 13.6% over the past year.

Return vs Market: 38 exceeded the Hong Kong Market which returned -8.5% over the past year.

Price Volatility

Is 38's price volatile compared to industry and market?
38 volatility
38 Average Weekly Movement8.1%
Machinery Industry Average Movement6.0%
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 (8%) 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$17.45b
Earnings (TTM)HK$1.20b
Revenue (TTM)HK$12.96b

7.6x

P/E Ratio

0.7x

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

4.2%

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 dividend29 days
Days until Dividend pay date90 days

Does 38 pay a reliable dividends?

See 38 dividend history and benchmarks
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.