First Tractor Company Limited (HKG:0038)

First Tractor Company Statistics

Total Valuation

HKG:0038 has a market cap or net worth of HKD 13.49 billion. The enterprise value is 11.50 billion.

Market Cap	13.49B
Enterprise Value	11.50B

Important Dates

The last earnings date was Tuesday, October 28, 2025.

Earnings Date	Oct 28, 2025
Ex-Dividend Date	Sep 29, 2025

Share Statistics

HKG:0038 has 1.12 billion shares outstanding. The number of shares has decreased by -0.00% in one year.

Current Share Class	391.94M
Shares Outstanding	1.12B
Shares Change (YoY)	-0.00%
Shares Change (QoQ)	-0.00%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	16.57%
Float	575.16M

Valuation Ratios

The trailing PE ratio is 9.87.

PE Ratio	9.87
Forward PE	n/a
PS Ratio	1.14
PB Ratio	1.47
P/TBV Ratio	1.71
P/FCF Ratio	26.71
P/OCF Ratio	21.96
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 11.09, with an EV/FCF ratio of 22.77.

EV / Earnings	12.91
EV / Sales	0.97
EV / EBITDA	11.09
EV / EBIT	16.50
EV / FCF	22.77

Financial Position

The company has a current ratio of 1.49, with a Debt / Equity ratio of 0.04.

Current Ratio	1.49
Quick Ratio	0.63
Debt / Equity	0.04
Debt / EBITDA	0.36
Debt / FCF	0.75
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 10.65% and return on invested capital (ROIC) is 4.70%.

Return on Equity (ROE)	10.65%
Return on Assets (ROA)	2.49%
Return on Invested Capital (ROIC)	4.70%
Return on Capital Employed (ROCE)	7.20%
Revenue Per Employee	1.72M
Profits Per Employee	128,766
Employee Count	6,920
Asset Turnover	0.68
Inventory Turnover	8.01

Taxes

In the past 12 months, HKG:0038 has paid 57.30 million in taxes.

Income Tax	57.30M
Effective Tax Rate	5.67%

Stock Price Statistics

The stock price has increased by +9.51% in the last 52 weeks. The beta is 0.90, so HKG:0038's price volatility has been similar to the market average.

Beta (5Y)	0.90
52-Week Price Change	+9.51%
50-Day Moving Average	7.32
200-Day Moving Average	6.92
Relative Strength Index (RSI)	61.88
Average Volume (20 Days)	3,862,523

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 11.88 billion and earned 891.06 million in profits. Earnings per share was 0.79.

Revenue	11.88B
Gross Profit	1.71B
Operating Income	697.16M
Pretax Income	1.01B
Net Income	891.06M
EBITDA	984.62M
EBIT	697.16M
Earnings Per Share (EPS)	0.79

Balance Sheet

The company has 3.00 billion in cash and 377.34 million in debt, giving a net cash position of 2.63 billion or 2.34 per share.

Cash & Cash Equivalents	3.00B
Total Debt	377.34M
Net Cash	2.63B
Net Cash Per Share	2.34
Equity (Book Value)	9.21B
Book Value Per Share	7.63
Working Capital	3.93B

Cash Flow

In the last 12 months, operating cash flow was 614.42 million and capital expenditures -109.32 million, giving a free cash flow of 505.10 million.

Operating Cash Flow	614.42M
Capital Expenditures	-109.32M
Free Cash Flow	505.10M
FCF Per Share	0.45

Margins

Gross margin is 14.38%, with operating and profit margins of 5.87% and 7.50%.

Gross Margin	14.38%
Operating Margin	5.87%
Pretax Margin	8.51%
Profit Margin	7.50%
EBITDA Margin	8.29%
EBIT Margin	5.87%
FCF Margin	4.25%

Dividends & Yields

This stock pays an annual dividend of 0.33, which amounts to a dividend yield of 4.06%.

Dividend Per Share	0.33
Dividend Yield	4.06%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	5
Payout Ratio	48.13%
Buyback Yield	0.00%
Shareholder Yield	4.06%
Earnings Yield	6.61%
FCF Yield	3.74%

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

Altman Z-Score	n/a
Piotroski F-Score	5