First Tractor Company Limited (HKG:0038)

First Tractor Company Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1,593	1,912	2,345	2,770	4,364	3,243
Short-Term Investments	-	3,193	1,207	216.23	-	-
Trading Asset Securities	2,344	946	1,379	862.91	1,250	1,039
Cash & Short-Term Investments	3,938	6,050	4,931	3,849	5,613	4,282
Cash Growth	-41.97%	22.71%	28.11%	-31.44%	31.08%	42.32%
Accounts Receivable	2,118	566.15	527.78	681.69	700.79	769.1
Other Receivables	288.21	66.73	46.39	24.67	27.43	38.28
Receivables	2,406	632.88	574.17	706.36	899.22	1,362
Inventory	1,228	1,148	1,375	1,514	1,191	1,674
Prepaid Expenses	-	11.46	10.7	16.58	12.16	4.61
Other Current Assets	915.64	405.12	534.74	401.82	166.13	372.56
Total Current Assets	8,488	8,247	7,425	6,488	7,882	7,696
Property, Plant & Equipment	2,645	2,481	2,447	2,431	2,472	2,560
Long-Term Investments	7,152	3,550	3,953	4,006	1,726	131.81
Other Intangible Assets	615.36	633.03	676.33	697.34	713.23	750.86
Long-Term Accounts Receivable	-	-	-	-	-	147.38
Long-Term Deferred Tax Assets	153.04	141.51	144.36	148.27	138.14	100.56
Long-Term Deferred Charges	45.78	44.09	45.76	47.75	59.46	61.06
Total Assets	19,100	15,098	14,691	13,817	12,992	12,340

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	7,154	4,385	4,621	4,428	4,075	3,388
Accrued Expenses	98.66	493.21	537.29	570.17	517.87	353.61
Short-Term Debt	-	9.68	70	70	270.22	481.99
Current Portion of Long-Term Debt	33.31	1.68	200.86	0.89	0.23	0.12
Current Portion of Leases	-	24.49	24.74	20.08	17.52	13.22
Current Income Taxes Payable	33.35	3	4.83	3.48	2.63	5.37
Current Unearned Revenue	184.99	566.07	555.27	500.34	846.46	580.39
Other Current Liabilities	1,634	595.04	483.57	451.8	397.6	1,068
Total Current Liabilities	9,139	6,078	6,498	6,045	6,128	5,891
Long-Term Debt	623.81	431.91	73.2	208.28	57.86	118.25
Long-Term Leases	0.77	2.55	13.77	2.1	16.46	1.85
Long-Term Unearned Revenue	213.28	206.21	174.93	181.95	121.76	138.05
Long-Term Deferred Tax Liabilities	108.82	127.19	123.67	120.94	120.28	148.31
Other Long-Term Liabilities	9.49	20.49	29.43	40.07	50.17	59.76
Total Liabilities	10,095	6,867	6,913	6,598	6,494	6,357

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1,124	1,124	1,124	1,124	1,124	1,124
Additional Paid-In Capital	-	2,408	2,408	2,408	2,656	-
Retained Earnings	4,632	3,879	3,480	2,919	2,179	1,631
Comprehensive Income & Other	2,655	249.78	243.61	241.19	-0.36	2,648
Total Common Equity	8,411	7,661	7,256	6,692	5,958	5,402
Minority Interest	592.89	570.12	522.56	527.64	539.09	580.14
Shareholders' Equity	9,004	8,231	7,778	7,219	6,497	5,982
Total Liabilities & Equity	19,100	15,098	14,691	13,817	12,992	12,340

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	657.89	470.29	382.57	301.35	362.29	615.43
Net Cash (Debt)	3,280	5,580	4,548	3,547	5,251	3,667
Net Cash Growth	-49.02%	22.69%	28.21%	-32.45%	43.20%	111.14%
Net Cash Per Share	2.92	4.97	4.05	3.16	4.67	3.30
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	1,124
Working Capital	-651.57	2,169	926.98	443.07	1,754	1,805
Book Value Per Share	7.49	6.82	6.46	5.96	5.30	4.81
Tangible Book Value	7,796	7,028	6,579	5,994	5,245	4,651
Tangible Book Value Per Share	6.94	6.25	5.86	5.33	4.67	4.14
Buildings	-	2,118	2,265	2,256	2,235	2,235
Machinery	-	4,639	4,606	4,478	4,333	4,313
Construction In Progress	-	324.53	147.68	140.04	126.47	79.25

Data Source: S&P Global Market Intelligence Last updated: Oct 29, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 4, 2026

Data Sources Report a data error