First Tractor Company Limited (HKG:0038)

First Tractor Company Statistics

Total Valuation

HKG:0038 has a market cap or net worth of HKD 12.90 billion. The enterprise value is 6.50 billion.

Market Cap	12.90B
Enterprise Value	6.50B

Important Dates

The next estimated earnings date is Monday, October 27, 2025.

Earnings Date	Oct 27, 2025
Ex-Dividend Date	Sep 29, 2025

Share Statistics

HKG:0038 has 1.12 billion shares outstanding. The number of shares has decreased by -0.01% in one year.

Current Share Class	391.94M
Shares Outstanding	1.12B
Shares Change (YoY)	-0.01%
Shares Change (QoQ)	-0.01%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	18.02%
Float	575.16M

Valuation Ratios

The trailing PE ratio is 9.21.

PE Ratio	9.21
Forward PE	n/a
PS Ratio	1.07
PB Ratio	1.42
P/TBV Ratio	1.67
P/FCF Ratio	19.36
P/OCF Ratio	16.85
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.30, with an EV/FCF ratio of 9.76.

EV / Earnings	7.55
EV / Sales	0.54
EV / EBITDA	7.30
EV / EBIT	11.38
EV / FCF	9.76

Financial Position

The company has a current ratio of 1.47, with a Debt / Equity ratio of 0.04.

Current Ratio	1.47
Quick Ratio	1.27
Debt / Equity	0.04
Debt / EBITDA	0.39
Debt / FCF	0.52
Interest Coverage	153.12

Financial Efficiency

Return on equity (ROE) is 10.52% and return on invested capital (ROIC) is 3.91%.

Return on Equity (ROE)	10.52%
Return on Assets (ROA)	2.17%
Return on Invested Capital (ROIC)	3.91%
Return on Capital Employed (ROCE)	6.02%
Revenue Per Employee	1.75M
Profits Per Employee	124,417
Employee Count	6,920
Asset Turnover	0.73
Inventory Turnover	8.88

Taxes

In the past 12 months, HKG:0038 has paid 71.70 million in taxes.

Income Tax	71.70M
Effective Tax Rate	7.19%

Stock Price Statistics

The stock price has decreased by -13.37% in the last 52 weeks. The beta is 0.95, so HKG:0038's price volatility has been similar to the market average.

Beta (5Y)	0.95
52-Week Price Change	-13.37%
50-Day Moving Average	7.27
200-Day Moving Average	6.91
Relative Strength Index (RSI)	45.50
Average Volume (20 Days)	4,355,299

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, HKG:0038 had revenue of HKD 12.08 billion and earned 860.96 million in profits. Earnings per share was 0.77.

Revenue	12.08B
Gross Profit	1.67B
Operating Income	571.53M
Pretax Income	996.66M
Net Income	860.96M
EBITDA	866.22M
EBIT	571.53M
Earnings Per Share (EPS)	0.77

Balance Sheet

The company has 7.39 billion in cash and 349.71 million in debt, giving a net cash position of 7.04 billion or 6.26 per share.

Cash & Cash Equivalents	7.39B
Total Debt	349.71M
Net Cash	7.04B
Net Cash Per Share	6.26
Equity (Book Value)	9.07B
Book Value Per Share	7.50
Working Capital	3.43B

Cash Flow

In the last 12 months, operating cash flow was 765.35 million and capital expenditures -99.17 million, giving a free cash flow of 666.18 million.

Operating Cash Flow	765.35M
Capital Expenditures	-99.17M
Free Cash Flow	666.18M
FCF Per Share	0.59

Margins

Gross margin is 13.85%, with operating and profit margins of 4.73% and 7.13%.

Gross Margin	13.85%
Operating Margin	4.73%
Pretax Margin	8.25%
Profit Margin	7.13%
EBITDA Margin	7.17%
EBIT Margin	4.73%
FCF Margin	5.51%

Dividends & Yields

This stock pays an annual dividend of 0.33, which amounts to a dividend yield of 4.73%.

Dividend Per Share	0.33
Dividend Yield	4.73%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	5
Payout Ratio	29.93%
Buyback Yield	0.01%
Shareholder Yield	4.69%
Earnings Yield	6.67%
FCF Yield	5.16%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

HKG:0038 has an Altman Z-Score of 2.57 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.57
Piotroski F-Score	5