First Tractor Company Limited (HKG:0038)

First Tractor Company Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2,606	2,345	2,770	4,364	3,243	1,703
Short-Term Investments	-	1,207	216.23	-	-	-
Trading Asset Securities	1,026	1,379	862.91	1,250	1,039	1,306
Cash & Short-Term Investments	3,632	4,931	3,849	5,613	4,282	3,009
Cash Growth	2.97%	28.11%	-31.44%	31.08%	42.32%	-5.58%
Accounts Receivable	2,230	527.78	681.69	700.79	769.1	990.74
Other Receivables	58.69	46.39	24.67	27.43	38.28	29.45
Receivables	2,288	574.17	706.36	899.22	1,362	2,793
Inventory	1,217	1,375	1,514	1,191	1,674	1,356
Prepaid Expenses	-	10.7	16.58	12.16	4.61	3.22
Other Current Assets	1,574	534.74	401.82	166.13	372.56	281.6
Total Current Assets	8,712	7,425	6,488	7,882	7,696	7,443
Property, Plant & Equipment	2,446	2,447	2,431	2,472	2,560	2,743
Long-Term Investments	3,984	3,953	4,006	1,726	131.81	127.17
Other Intangible Assets	668.72	676.33	697.34	713.23	750.86	766.87
Long-Term Accounts Receivable	-	-	-	-	147.38	132.87
Long-Term Deferred Tax Assets	144.19	144.36	148.27	138.14	100.56	102.91
Long-Term Deferred Charges	41.46	45.76	47.75	59.46	61.06	44.91
Total Assets	15,997	14,691	13,817	12,992	12,340	12,343
Accounts Payable	5,434	4,621	4,428	4,075	3,388	3,296
Accrued Expenses	95.62	537.29	570.17	517.87	353.61	392.51
Short-Term Debt	-	70	70	270.22	481.99	1,134
Current Portion of Long-Term Debt	223.92	200.86	0.89	0.23	0.12	0.14
Current Portion of Leases	-	24.74	20.08	17.52	13.22	14
Current Income Taxes Payable	51.15	4.83	3.48	2.63	5.37	11.41
Current Unearned Revenue	182.42	555.27	500.34	846.46	580.39	398.85
Other Current Liabilities	1,288	483.57	451.8	397.6	1,068	1,628
Total Current Liabilities	7,275	6,498	6,045	6,128	5,891	6,875
Long-Term Debt	73.03	73.2	208.28	57.86	118.25	108.95
Long-Term Leases	9.32	13.77	2.1	16.46	1.85	14.85
Long-Term Unearned Revenue	168.86	174.93	181.95	121.76	138.05	142.64
Long-Term Deferred Tax Liabilities	124.25	123.67	120.94	120.28	148.31	144.74
Other Long-Term Liabilities	29.43	29.43	40.07	50.17	59.76	81.22
Total Liabilities	7,680	6,913	6,598	6,494	6,357	7,367
Common Stock	1,124	1,124	1,124	1,124	1,124	985.85
Additional Paid-In Capital	-	2,408	2,408	2,656	-	2,099
Retained Earnings	4,010	3,480	2,919	2,179	1,631	1,277
Comprehensive Income & Other	2,655	243.61	241.19	-0.36	2,648	-23.95
Total Common Equity	7,788	7,256	6,692	5,958	5,402	4,338
Minority Interest	528.84	522.56	527.64	539.09	580.14	637.34
Shareholders' Equity	8,317	7,778	7,219	6,497	5,982	4,976
Total Liabilities & Equity	15,997	14,691	13,817	12,992	12,340	12,343
Total Debt	306.27	382.57	301.35	362.29	615.43	1,272
Net Cash (Debt)	3,326	4,548	3,547	5,251	3,667	1,737
Net Cash Growth	0.77%	28.21%	-32.45%	43.20%	111.14%	79.04%
Net Cash Per Share	2.96	4.05	3.16	4.67	3.30	1.76
Filing Date Shares Outstanding	1,124	1,124	1,124	1,124	1,124	1,124
Total Common Shares Outstanding	1,124	1,124	1,124	1,124	1,124	985.85
Working Capital	1,437	926.98	443.07	1,754	1,805	568.31
Book Value Per Share	6.93	6.46	5.96	5.30	4.81	4.40
Tangible Book Value	7,119	6,579	5,994	5,245	4,651	3,571
Tangible Book Value Per Share	6.34	5.86	5.33	4.67	4.14	3.62
Land	-	-	-	-	-	3.83
Buildings	-	2,265	2,256	2,235	2,235	2,215
Machinery	-	4,606	4,478	4,333	4,313	4,391
Construction In Progress	-	147.68	140.04	126.47	79.25	96

Source: S&P Global Market Intelligence. Standard template. Financial Sources.