First Tractor Company Limited

SZSC:38 Stock Report

Market Cap: HK$15.3b

First Tractor Past Earnings Performance

Past criteria checks 3/6

First Tractor has been growing earnings at an average annual rate of 39.4%, while the Machinery industry saw earnings growing at 8.9% annually. Revenues have been growing at an average rate of 15.5% per year. First Tractor's return on equity is 12.7%, and it has net margins of 8.4%.

Key information

39.4%

Earnings growth rate

37.8%

EPS growth rate

Machinery Industry Growth7.7%
Revenue growth rate15.5%
Return on equity12.7%
Net Margin8.4%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How First Tractor makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSC:38 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2412,0181,013563489
30 Jun 2412,0921,148566486
31 Mar 2411,9951,111595474
31 Dec 2311,534997583461
30 Sep 2312,495970627478
30 Jun 2313,182854651523
31 Mar 2312,510686657524
31 Dec 2212,564681698529
30 Sep 2211,424565799474
30 Jun 2210,332508815414
31 Mar 2210,334531753419
31 Dec 219,334438742415
30 Sep 219,350472502371
30 Jun 219,098468734371
30 Mar 218,734470639355
31 Dec 207,582280918339
30 Sep 207,0974691,026363
30 Jun 206,521365774355
31 Mar 205,786215912353
31 Dec 195,83061666357
30 Sep 195,932-8331,066371
30 Jun 195,526-1,1361,126373
31 Mar 195,464-1,3031,160369
31 Dec 185,682-1,3001,204378
30 Sep 186,171-414831354
30 Jun 186,675-121666548
31 Mar 187,02740804468
31 Dec 177,35857910386
30 Sep 177,52051978283
30 Jun 177,9751041,2450
31 Mar 178,4842011,2760
31 Dec 168,8692301,3040
30 Sep 168,7741741,4010
30 Jun 169,1061451,3150
31 Mar 169,6631371,4390
31 Dec 159,6551351,4390
30 Sep 159,5052491,4250
30 Jun 159,2622041,4850
31 Mar 158,9901591,3930
31 Dec 149,0271681,4250
30 Sep 149,6871061,4060
30 Jun 149,8971531,4160
31 Mar 1411,0532181,4100
31 Dec 1311,0582271,3210

Quality Earnings: 38 has high quality earnings.

Growing Profit Margin: 38's current net profit margins (8.4%) are higher than last year (7.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 38 has become profitable over the past 5 years, growing earnings by 39.4% per year.

Accelerating Growth: 38's earnings growth over the past year (4.4%) is below its 5-year average (39.4% per year).

Earnings vs Industry: 38 earnings growth over the past year (4.4%) did not outperform the Machinery industry 7.2%.


Return on Equity

High ROE: 38's Return on Equity (12.7%) is considered low.


Return on Assets


Return on Capital Employed


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