First Tractor Company Limited
First Tractor Company Limited, engages in the manufacturing and sale of agricultural machinery and power machinery. It offers medium and large-sized wheeled and crawler tractors; off-road diesel engines, such as tractors and harvesters, engineering machinery, ships, generator sets, and others; and component products, such as castings and forgings, gears, axles, transmissions, covers, injection pu… Read more
First Tractor Company Limited - Asset Resilience Ratio
First Tractor Company Limited (FIRRF) has an Asset Resilience Ratio of 14.43% as of September 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2004–2024)
This chart shows how First Tractor Company Limited's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down First Tractor Company Limited's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $2.28 Billion | 14.43% |
| Total Liquid Assets | $2.28 Billion | 14.43% |
Asset Resilience Insights
- Moderate Liquidity: First Tractor Company Limited has 14.43% of assets in liquid form.
- While adequate for normal operations, this level may limit flexibility during economic stress.
- The company has significant short-term investments, indicating active treasury management.
First Tractor Company Limited Industry Peers by Asset Resilience Ratio
Compare First Tractor Company Limited's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Exor NV
PINK:EXXRF |
Farm & Heavy Construction Machinery | -1.10% |
|
XCMG Construction Machinery Co Ltd
SHE:000425 |
Farm & Heavy Construction Machinery | 0.03% |
|
Daedong Ind
KO:000490 |
Farm & Heavy Construction Machinery | 0.27% |
|
Guangxi Liugong Machinery Co Ltd
SHE:000528 |
Farm & Heavy Construction Machinery | 0.09% |
|
Shantui Construction Machinery Co Ltd
SHE:000680 |
Farm & Heavy Construction Machinery | 0.32% |
|
JiangSu JiangHuai Engine Co Ltd
SHE:000816 |
Farm & Heavy Construction Machinery | 7.57% |
|
Sinotruk Jinan Truck Co Ltd
SHE:000951 |
Farm & Heavy Construction Machinery | 1.11% |
|
Zhongtong Bus Holding Co Ltd
SHE:000957 |
Farm & Heavy Construction Machinery | 0.02% |
Annual Asset Resilience Ratio for First Tractor Company Limited (2004–2024)
The table below shows the annual Asset Resilience Ratio data for First Tractor Company Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 9.73% | $1.43 Billion | $14.69 Billion | +3.48pp |
| 2023-12-31 | 6.25% | $862.91 Million | $13.82 Billion | -3.38pp |
| 2022-12-31 | 9.62% | $1.25 Billion | $12.99 Billion | +1.20pp |
| 2021-12-31 | 8.42% | $1.04 Billion | $12.34 Billion | -2.16pp |
| 2020-12-31 | 10.58% | $1.31 Billion | $12.34 Billion | +2.15pp |
| 2019-12-31 | 8.43% | $980.39 Million | $11.63 Billion | +1.60pp |
| 2018-12-31 | 6.83% | $897.24 Million | $13.14 Billion | +6.54pp |
| 2017-12-31 | 0.29% | $40.48 Million | $14.10 Billion | -0.19pp |
| 2016-12-31 | 0.47% | $62.66 Million | $13.21 Billion | -2.65pp |
| 2015-12-31 | 3.13% | $414.87 Million | $13.27 Billion | +0.26pp |
| 2014-12-31 | 2.87% | $354.36 Million | $12.36 Billion | -0.21pp |
| 2013-12-31 | 3.08% | $359.10 Million | $11.67 Billion | +0.22pp |
| 2012-12-31 | 2.86% | $306.80 Million | $10.73 Billion | +2.01pp |
| 2011-12-31 | 0.84% | $77.40 Million | $9.17 Billion | -2.18pp |
| 2010-12-31 | 3.02% | $251.99 Million | $8.34 Billion | +2.54pp |
| 2009-12-31 | 0.48% | $28.94 Million | $6.04 Billion | +0.40pp |
| 2008-12-31 | 0.08% | $4.44 Million | $5.74 Billion | -0.79pp |
| 2007-12-31 | 0.86% | $47.37 Million | $5.49 Billion | +0.79pp |
| 2006-12-31 | 0.07% | $3.49 Million | $4.99 Billion | -0.02pp |
| 2005-12-31 | 0.09% | $3.58 Million | $3.82 Billion | -0.45pp |
| 2004-12-31 | 0.54% | $19.66 Million | $3.65 Billion | -- |