First Tractor Company Limited (HKG: 0038)

First Tractor Company Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,318	2,770	4,364	3,243	1,703	1,406
Short-Term Investments	-	-	-	-	-	800
Trading Asset Securities	2,280	862.91	1,250	1,039	1,306	980.39
Cash & Short-Term Investments	4,598	3,632	5,613	4,282	3,009	3,187
Cash Growth	-4.23%	-35.29%	31.08%	42.32%	-5.58%	-25.04%
Accounts Receivable	1,709	681.69	700.79	769.1	990.74	1,009
Other Receivables	57.94	24.67	27.43	38.28	29.45	32.94
Receivables	1,767	706.36	899.22	1,362	2,793	1,784
Inventory	1,226	1,514	1,191	1,674	1,356	1,002
Prepaid Expenses	-	16.58	12.16	4.61	3.22	0.1
Other Current Assets	298.82	618.05	166.13	372.56	281.6	442.8
Total Current Assets	7,890	6,488	7,882	7,696	7,443	6,415
Property, Plant & Equipment	2,369	2,431	2,472	2,560	2,743	2,963
Long-Term Investments	4,682	4,006	1,726	131.81	127.17	123.62
Other Intangible Assets	677.89	697.34	713.23	750.86	766.87	791.67
Long-Term Accounts Receivable	-	-	-	147.38	132.87	220.2
Long-Term Deferred Tax Assets	142.22	148.27	138.14	100.56	102.91	111.48
Long-Term Deferred Charges	38.57	47.75	59.46	61.06	44.91	44.12
Total Assets	15,800	13,817	12,992	12,340	12,343	11,629
Accounts Payable	5,711	4,428	4,075	3,388	3,296	2,199
Accrued Expenses	152.18	570.17	517.87	353.61	392.51	439.55
Short-Term Debt	-	70	270.22	481.99	1,134	1,420
Current Portion of Long-Term Debt	8.1	0.89	0.23	0.12	0.14	630.15
Current Portion of Leases	-	20.08	17.52	13.22	14	18.88
Current Income Taxes Payable	32.04	3.48	2.63	5.37	11.41	23.9
Current Unearned Revenue	198.99	500.34	846.46	580.39	398.85	177.74
Other Current Liabilities	1,199	451.8	397.6	1,068	1,628	1,399
Total Current Liabilities	7,302	6,045	6,128	5,891	6,875	6,308
Long-Term Debt	207.5	208.28	57.86	118.25	108.95	148.01
Long-Term Leases	0.36	2.1	16.46	1.85	14.85	0.06
Long-Term Unearned Revenue	181.5	181.95	121.76	138.05	142.64	155.72
Long-Term Deferred Tax Liabilities	117.74	120.94	120.28	148.31	144.74	143.11
Other Long-Term Liabilities	22.46	40.07	50.17	59.76	81.22	90.66
Total Liabilities	7,831	6,598	6,494	6,357	7,367	6,845
Common Stock	1,124	1,124	1,124	1,124	985.85	985.85
Additional Paid-In Capital	-	2,656	2,656	-	2,099	2,099
Retained Earnings	3,659	2,919	2,179	1,631	1,277	996.66
Comprehensive Income & Other	2,658	-6.43	-0.36	2,648	-23.95	-11.97
Total Common Equity	7,440	6,692	5,958	5,402	4,338	4,070
Minority Interest	528.47	527.64	539.09	580.14	637.34	713.86
Shareholders' Equity	7,969	7,219	6,497	5,982	4,976	4,784
Total Liabilities & Equity	15,800	13,817	12,992	12,340	12,343	11,629
Total Debt	215.96	301.35	362.29	615.43	1,272	2,217
Net Cash (Debt)	4,382	3,331	5,251	3,667	1,737	970.03
Net Cash Growth	2.66%	-36.56%	43.20%	111.14%	79.04%	62.67%
Net Cash Per Share	3.90	2.96	4.67	3.30	1.76	0.98
Filing Date Shares Outstanding	1,124	1,124	1,124	1,124	1,124	985.85
Total Common Shares Outstanding	1,124	1,124	1,124	1,124	985.85	985.85
Working Capital	588.49	443.07	1,754	1,805	568.31	107.63
Book Value Per Share	6.62	5.96	5.30	4.81	4.40	4.13
Tangible Book Value	6,762	5,994	5,245	4,651	3,571	3,278
Tangible Book Value Per Share	6.02	5.33	4.67	4.14	3.62	3.33
Land	-	-	-	-	3.83	3.73
Buildings	-	2,256	2,235	2,235	2,215	2,205
Machinery	-	4,478	4,333	4,313	4,391	4,426
Construction In Progress	-	140.04	126.47	79.25	96	128.99

Source: S&P Capital IQ. Standard template. Financial Sources.