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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,617	2,345	2,770	4,364	3,243	1,703
Short-Term Investments	4,038	1,207	216.23	-	-	-
Trading Asset Securities	1,131	1,379	862.91	1,250	1,039	1,306
Cash & Short-Term Investments	6,786	4,931	3,849	5,613	4,282	3,009
Cash Growth	47.58%	28.11%	-31.44%	31.08%	42.32%	-5.58%
Accounts Receivable	1,848	527.78	681.69	700.79	769.1	990.74
Other Receivables	76.24	46.39	24.67	27.43	38.28	29.45
Receivables	1,925	574.17	706.36	899.22	1,362	2,793
Inventory	1,099	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	1,175	534.74	401.82	166.13	372.56	281.6
Total Current Assets	10,983	7,425	6,488	7,882	7,696	7,443
Property, Plant & Equipment	2,391	2,447	2,431	2,472	2,560	2,743
Long-Term Investments	2,055	3,953	4,006	1,726	131.81	127.17
Other Intangible Assets	640.41	676.33	697.34	713.23	750.86	766.87
Long-Term Accounts Receivable	-	-	-	-	147.38	132.87
Long-Term Deferred Tax Assets	137.75	144.36	148.27	138.14	100.56	102.91
Long-Term Deferred Charges	39.69	45.76	47.75	59.46	61.06	44.91
Total Assets	16,247	14,691	13,817	12,992	12,340	12,343
Accounts Payable	5,478	4,621	4,428	4,075	3,388	3,296
Accrued Expenses	102.46	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	223.24	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	31.34	4.83	3.48	2.63	5.37	11.41
Current Unearned Revenue	167.75	555.27	500.34	846.46	580.39	398.85
Other Current Liabilities	1,389	483.57	451.8	397.6	1,068	1,628
Total Current Liabilities	7,392	6,498	6,045	6,128	5,891	6,875
Long-Term Debt	121.58	73.2	208.28	57.86	118.25	108.95
Long-Term Leases	7.74	13.77	2.1	16.46	1.85	14.85
Long-Term Unearned Revenue	156.81	174.93	181.95	121.76	138.05	142.64
Long-Term Deferred Tax Liabilities	128.75	123.67	120.94	120.28	148.31	144.74
Other Long-Term Liabilities	14.78	29.43	40.07	50.17	59.76	81.22
Total Liabilities	7,821	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	2,656	2,408	2,408	2,656	-	2,099
Retained Earnings	4,062	3,480	2,919	2,179	1,631	1,277
Comprehensive Income & Other	-0.67	243.61	241.19	-0.36	2,648	-23.95
Total Common Equity	7,840	7,256	6,692	5,958	5,402	4,338
Minority Interest	584.84	522.56	527.64	539.09	580.14	637.34
Shareholders' Equity	8,425	7,778	7,219	6,497	5,982	4,976
Total Liabilities & Equity	16,247	14,691	13,817	12,992	12,340	12,343
Total Debt	352.56	382.57	301.35	362.29	615.43	1,272
Net Cash (Debt)	6,433	4,548	3,547	5,251	3,667	1,737
Net Cash Growth	46.81%	28.21%	-32.45%	43.20%	111.14%	79.04%
Net Cash Per Share	5.73	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	3,592	926.98	443.07	1,754	1,805	568.31
Book Value Per Share	6.98	6.46	5.96	5.30	4.81	4.40
Tangible Book Value	7,200	6,579	5,994	5,245	4,651	3,571
Tangible Book Value Per Share	6.41	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.