First Tractor Company Limited (HKG:0038)

First Tractor Company Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2,345	2,770	4,364	3,243	1,703
Trading Asset Securities	1,379	862.91	1,250	1,039	1,306
Cash & Short-Term Investments	3,724	3,632	5,613	4,282	3,009
Cash Growth	2.51%	-35.29%	31.08%	42.32%	-5.58%
Accounts Receivable	500.97	681.69	700.79	769.1	990.74
Other Receivables	46.39	24.67	27.43	38.28	29.45
Receivables	547.36	706.36	899.22	1,362	2,793
Inventory	1,375	1,514	1,191	1,674	1,356
Prepaid Expenses	-	16.58	12.16	4.61	3.22
Other Current Assets	1,779	618.05	166.13	372.56	281.6
Total Current Assets	7,425	6,488	7,882	7,696	7,443
Property, Plant & Equipment	2,447	2,431	2,472	2,560	2,743
Long-Term Investments	3,953	4,006	1,726	131.81	127.17
Other Intangible Assets	676.33	697.34	713.23	750.86	766.87
Long-Term Accounts Receivable	-	-	-	147.38	132.87
Long-Term Deferred Tax Assets	144.36	148.27	138.14	100.56	102.91
Long-Term Deferred Charges	45.76	47.75	59.46	61.06	44.91
Total Assets	14,691	13,817	12,992	12,340	12,343
Accounts Payable	4,695	4,428	4,075	3,388	3,296
Accrued Expenses	103.96	570.17	517.87	353.61	392.51
Short-Term Debt	-	70	270.22	481.99	1,134
Current Portion of Long-Term Debt	225.6	0.89	0.23	0.12	0.14
Current Portion of Leases	-	20.08	17.52	13.22	14
Current Income Taxes Payable	25.96	3.48	2.63	5.37	11.41
Current Unearned Revenue	555.27	500.34	846.46	580.39	398.85
Other Current Liabilities	892.13	451.8	397.6	1,068	1,628
Total Current Liabilities	6,498	6,045	6,128	5,891	6,875
Long-Term Debt	65.95	208.28	57.86	118.25	108.95
Long-Term Leases	13.77	2.1	16.46	1.85	14.85
Long-Term Unearned Revenue	174.93	181.95	121.76	138.05	142.64
Long-Term Deferred Tax Liabilities	123.67	120.94	120.28	148.31	144.74
Other Long-Term Liabilities	36.67	40.07	50.17	59.76	81.22
Total Liabilities	6,913	6,598	6,494	6,357	7,367
Common Stock	1,124	1,124	1,124	1,124	985.85
Additional Paid-In Capital	2,656	2,656	2,656	-	2,099
Retained Earnings	3,480	2,919	2,179	1,631	1,277
Comprehensive Income & Other	-4.01	-6.43	-0.36	2,648	-23.95
Total Common Equity	7,256	6,692	5,958	5,402	4,338
Minority Interest	522.56	527.64	539.09	580.14	637.34
Shareholders' Equity	7,778	7,219	6,497	5,982	4,976
Total Liabilities & Equity	14,691	13,817	12,992	12,340	12,343
Total Debt	305.32	301.35	362.29	615.43	1,272
Net Cash (Debt)	3,418	3,331	5,251	3,667	1,737
Net Cash Growth	2.62%	-36.56%	43.20%	111.14%	79.04%
Net Cash Per Share	3.04	2.96	4.67	3.30	1.76
Filing Date Shares Outstanding	1,124	1,124	1,124	1,124	1,124
Total Common Shares Outstanding	1,124	1,124	1,124	1,124	985.85
Working Capital	926.98	443.07	1,754	1,805	568.31
Book Value Per Share	6.46	5.96	5.30	4.81	4.40
Tangible Book Value	6,579	5,994	5,245	4,651	3,571
Tangible Book Value Per Share	5.86	5.33	4.67	4.14	3.62
Land	-	-	-	-	3.83
Buildings	-	2,256	2,235	2,235	2,215
Machinery	-	4,478	4,333	4,313	4,391
Construction In Progress	-	140.04	126.47	79.25	96

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.