First Tractor Co., Ltd. Class A (601038.SS)
Luoyang, SH, CN
First Tractor Co., Ltd. engages in the research, development, manufacture, and sale of agricultural machinery and power machinery as well as their parts and components. It operates through the following business segments: Agricultural machinery, Power machinery, and Finance. The Agricultural machinery segment involves in the research, development, manufacture, and sale of wheeled and crawler tractors as well as related parts such as forgings, gears, and gearboxes. The Power machinery segment includes off-read diesel engines as well as parts such as fuel pumps and injectors. The Finance segment provides capital settlement, deposit and loan, finance lease, buyer credit, and investment services through non-bank financial institution subsidiaries. The company was founded in 1955 and is headquartered in Luoyang, China.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.39% | +0.00% | -7.66% | -14.06% | +0.95% | -9.81% | -3.40% | +12.11% | -2.14% | +40.13% | +44.24% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2024-11 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 2 | 0 |
| Strong Sell | 1 | 0 |
-
Revenue growth Industrial - Machinery: +7.4%-9.1% Q1'26: +2.5% (vs Q1'25)
-
EPS growth Industrial - Machinery: +15.6%-12.2% Q1'26: +6.4% (vs Q1'25)
-
FCF margin FCF growth · Industrial - Machinery: +38.2%+5.1% Q1'26: +5.9% (vs Q1'25)
-
EBIT margin Industrial - Machinery: +10.0%+5.4% Q1'26: +11.8% (vs Q1'25)
-
ROIC Industrial - Machinery: +6.8%+9.8% ★ Q1'26: +23.5% (vs Q1'25)
-
Share dilution Industrial - Machinery: +0.0%+0.0% Q1'26: 0.0% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Industrial - Machinery: -0.65×3.32× ★ Q1'26: 1.03× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 2 Rev. Ana. 2 EPS Ana. |
Dec 2027 2 Rev. Ana. 2 EPS Ana. |
Dec 2028 1 Rev. Ana. 3 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
9.66B
est: 10.44B (-7.5%)
|
8.87B
est: 8.69B (+2.1%)
|
7.36B
est: 8.36B (-11.9%)
|
5.68B
est: 9.30B (-38.9%)
|
5.83B
est: 9.30B (-37.3%)
|
7.58B
est: 7.10B (+6.8%)
|
9.33B
est: 8.75B (+6.6%)
|
12.56B
est: 11.55B (+8.8%)
|
11.53B
est: 12.29B (-6.2%)
|
11.90B
est: 12.32B (-3.4%)
|
10.82B
est: 11.76B (-8.0%)
|
11.91B
11.60B – 12.22B
+1.3% YoY
|
13.27B
12.53B – 14.02B
+11.5% YoY
|
14.67B
14.06B – 15.29B
+10.6% YoY
|
| EBITDA |
546.18M
est: 779.12M (-29.9%)
|
672.34M
est: 647.98M (+3.8%)
|
238.06M
est: 623.40M (-61.8%)
|
-901.28M
est: 694.08M (-229.9%)
|
172.16M
est: 694.08M (-75.2%)
|
302.43M
est: 529.79M (-42.9%)
|
660.65M
est: 653.10M (+1.2%)
|
1.08B
est: 861.48M (+25.3%)
|
1.03B
est: 916.98M (+12.3%)
|
1.04B
est: 1.03B (+0.6%)
|
923.37M
est: 984.07M (-6.2%)
|
996.49M
970.65M – 1.02B
+1.3% YoY
|
1.11B
1.05B – 1.17B
+11.5% YoY
|
1.23B
1.18B – 1.28B
+10.6% YoY
|
| EBIT |
231.78M
est: 464.56M (-50.1%)
|
339.74M
est: 386.37M (-12.1%)
|
-89.94M
est: 371.71M (-124.2%)
|
-1.24B
est: 413.86M (-398.5%)
|
-154.44M
est: 413.86M (-137.3%)
|
-22.50M
est: 315.90M (-107.1%)
|
340.04M
est: 389.43M (-12.7%)
|
771.12M
est: 513.68M (+50.1%)
|
734.57M
est: 546.77M (+34.3%)
|
760.46M
est: 688.89M (+10.4%)
|
587.10M
est: 657.61M (-10.7%)
|
665.92M
648.65M – 683.18M
+1.3% YoY
|
742.26M
700.57M – 783.95M
+11.5% YoY
|
820.62M
786.09M – 855.15M
+10.6% YoY
|
| Net Income |
135.32M
est: 213.49M (-36.6%)
|
223.37M
est: 235.97M (-5.3%)
|
56.51M
est: 275.29M (-79.5%)
|
-1.30B
est: 460.69M (-382.2%)
|
61.48M
est: 471.93M (-87.0%)
|
280.15M
est: 483.17M (-42.0%)
|
438.21M
est: 651.71M (-32.8%)
|
681.05M
est: 853.97M (-20.2%)
|
997.02M
est: 921.39M (+8.2%)
|
922.02M
est: 1.05B (-12.5%)
|
811.95M
est: 891.42M (-8.9%)
|
918.58M
868.33M – 968.83M
+3.0% YoY
|
1.08B
1.02B – 1.14B
+17.4% YoY
|
1.28B
1.21B – 1.35B
+19.0% YoY
|
| SGA |
1.28B
est: 559.57M (+128.7%)
|
1.24B
est: 465.39M (+167.5%)
|
876.64M
est: 447.73M (+95.8%)
|
1.16B
est: 498.50M (+133.3%)
|
644.31M
est: 498.50M (+29.2%)
|
660.08M
est: 380.50M (+73.5%)
|
513.58M
est: 469.07M (+9.5%)
|
565.76M
est: 618.73M (-8.6%)
|
473.55M
est: 658.59M (-28.1%)
|
472.95M
est: 550.51M (-14.1%)
|
461.18M
est: 525.51M (-12.2%)
|
532.15M
518.35M – 545.94M
+1.3% YoY
|
593.15M
559.84M – 626.47M
+11.5% YoY
|
655.77M
628.18M – 683.37M
+10.6% YoY
|
| EPS |
0.14
est: 0.19 (-28.5%)
|
0.23
est: 0.21 (+9.5%)
|
0.06
est: 0.25 (-76.7%)
|
-1.32
est: 0.41 (-422.0%)
|
0.06
est: 0.42 (-85.1%)
|
0.28
est: 0.43 (-33.9%)
|
0.39
est: 0.58 (-32.1%)
|
0.61
est: 0.76 (-20.3%)
|
0.89
est: 0.82 (+8.5%)
|
0.82
est: 0.94 (-12.6%)
|
0.72
est: 0.79 (-9.2%)
|
0.82
0.77 – 0.86
+3.0% YoY
|
0.96
0.91 – 1.01
+17.4% YoY
|
1.14
1.08 – 1.20
+19.0% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-28 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-27 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-26 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-25 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-22 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-21 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-20 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-19 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-18 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-15 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-14 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-13 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-12 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-11 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-08 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-07 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-06 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-30 | A- | 4/5 | 4/5 | 4/5 | 4/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-29 | A- | 4/5 | 4/5 | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-28 | A- | 4/5 | 4/5 | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-27 | A- | 4/5 | 4/5 | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-24 | A- | 4/5 | 4/5 | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-23 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-22 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-21 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-20 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-17 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-16 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 1/5 | 3/5 | 3/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Vanguard FTSE All-World ex-US Small-Cap ETF VSS | 0.00% | 284.3K | 0.06% |
| 2 | Vanguard FTSE Emerging Markets Shares ETF VGE.AX | 0.00% | 9.8K | 0.48% |
| 3 | Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO | 0.00% | 22.1K | 0.26% |
| 4 | Vanguard FTSE Emerging Markets ETF VWO | 0.00% | 1.09M | 0.06% |
| 5 | Vanguard Total World Stock ETF VT | 0.00% | 277.1K | 0.06% |
| 6 | Vanguard Total International Stock ETF VXUS | 0.00% | 1.38M | 0.05% |
| 7 | Vanguard FTSE Global All Cap ex Canada Index ETF VXC.TO | 0.00% | 1.8K | 0.22% |
| 8 | Vanguard All-Equity ETF Portfolio VEQT.TO | 0.00% | 5.3K | 0.22% |
| 9 | Vanguard Growth ETF Portfolio VGRO.TO | 0.00% | 2.8K | 0.22% |
| 10 | Vanguard Balanced ETF Portfolio VBAL.TO | 0.00% | 1.3K | 0.22% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Tao Wei | GM & Director | 540.6K | male |
| Wensheng Su | Deputy General Manager | 454.8K | male |
| Guangjun Yang | Deputy General Manager | 454.8K | male |
| Bin Liu | Chief Financial Officer & Joint Company Secretary | 454.8K | male |
| Qingliang Zhao | Deputy General Manager | 454.8K | male |
| Nga Ting Wong | Joint Company Secretary | — | female |
| Jingyuan Jiang | Director of Accounting Department | — | — |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for 601038.SS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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