First Tractor Co Ltd - Asset Resilience Ratio

Latest as of September 2025: 6.96%

First Tractor Co Ltd (601038) has an Asset Resilience Ratio of 6.96% as of September 2025. 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. Read 601038 current and long-term liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥1.13 Billion

≈ $165.50 Million USD Cash + Short-term Investments

Total Assets

CN¥16.25 Billion

≈ $2.38 Billion USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2004–2024)

This chart shows how First Tractor Co Ltd's Asset Resilience Ratio has changed over time. See 601038 book value for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down First Tractor Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see 601038 market cap overview.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CN¥0.00	0%
Short-term Investments	CN¥1.13 Billion	6.96%
Total Liquid Assets	CN¥1.13 Billion	6.96%

Asset Resilience Insights

Limited Liquidity: First Tractor Co Ltd maintains only 6.96% of assets in liquid form.
This low level may indicate efficient asset utilization but could pose risks during economic downturns.
The company has significant short-term investments, indicating active treasury management.

First Tractor Co Ltd Industry Peers by Asset Resilience Ratio

Compare First Tractor Co Ltd's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
XCMG Construction Machinery Co Ltd SHE:000425	Farm & Heavy Construction Machinery	0.03%
Konecranes Plc HE:KCR	Farm & Heavy Construction Machinery	1.13%
Jiangxi Naipu Mining Machinery SHE:300818	Farm & Heavy Construction Machinery	1.25%
Zhengzhou Coal Mining Machinery Group Company Limited F:ZGC	Farm & Heavy Construction Machinery	14.59%
Shandong Hongyu Agricultural Machinery Co Ltd SHE:002890	Farm & Heavy Construction Machinery	20.53%
Agrometal S.A.I. BA:AGRO	Farm & Heavy Construction Machinery	2.53%
IMDEX Ltd AU:IMD	Farm & Heavy Construction Machinery	0.20%
Austin Engineering Ltd AU:ANG	Farm & Heavy Construction Machinery	6.61%

Annual Asset Resilience Ratio for First Tractor Co Ltd (2004–2024)

The table below shows the annual Asset Resilience Ratio data for First Tractor Co Ltd.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2024-12-31	17.26%	CN¥2.54 Billion ≈ $371.03 Million	CN¥14.69 Billion ≈ $2.15 Billion	+11.01pp
2023-12-31	6.25%	CN¥862.91 Million ≈ $126.27 Million	CN¥13.82 Billion ≈ $2.02 Billion	-3.38pp
2022-12-31	9.62%	CN¥1.25 Billion ≈ $182.86 Million	CN¥12.99 Billion ≈ $1.90 Billion	-1.72pp
2021-12-31	11.34%	CN¥1.40 Billion ≈ $204.81 Million	CN¥12.34 Billion ≈ $1.81 Billion	-11.89pp
2020-12-31	23.24%	CN¥2.87 Billion ≈ $419.69 Million	CN¥12.34 Billion ≈ $1.81 Billion	+14.81pp
2019-12-31	8.43%	CN¥980.39 Million ≈ $143.46 Million	CN¥11.63 Billion ≈ $1.70 Billion	+1.60pp
2018-12-31	6.83%	CN¥897.24 Million ≈ $131.29 Million	CN¥13.14 Billion ≈ $1.92 Billion	+6.54pp
2017-12-31	0.29%	CN¥40.48 Million ≈ $5.92 Million	CN¥14.10 Billion ≈ $2.06 Billion	-0.19pp
2016-12-31	0.47%	CN¥62.66 Million ≈ $9.17 Million	CN¥13.21 Billion ≈ $1.93 Billion	-2.65pp
2015-12-31	3.13%	CN¥414.87 Million ≈ $60.71 Million	CN¥13.27 Billion ≈ $1.94 Billion	+0.26pp
2014-12-31	2.87%	CN¥354.36 Million ≈ $51.85 Million	CN¥12.36 Billion ≈ $1.81 Billion	-0.21pp
2013-12-31	3.08%	CN¥359.10 Million ≈ $52.55 Million	CN¥11.67 Billion ≈ $1.71 Billion	+0.22pp
2012-12-31	2.86%	CN¥306.80 Million ≈ $44.89 Million	CN¥10.73 Billion ≈ $1.57 Billion	+2.01pp
2011-12-31	0.84%	CN¥77.40 Million ≈ $11.33 Million	CN¥9.17 Billion ≈ $1.34 Billion	-2.18pp
2010-12-31	3.02%	CN¥251.99 Million ≈ $36.87 Million	CN¥8.34 Billion ≈ $1.22 Billion	+2.54pp
2009-12-31	0.48%	CN¥28.94 Million ≈ $4.24 Million	CN¥6.04 Billion ≈ $884.38 Million	+0.40pp
2008-12-31	0.08%	CN¥4.44 Million ≈ $650.35K	CN¥5.74 Billion ≈ $840.45 Million	-0.79pp
2007-12-31	0.86%	CN¥47.37 Million ≈ $6.93 Million	CN¥5.49 Billion ≈ $803.08 Million	+0.79pp
2006-12-31	0.07%	CN¥3.49 Million ≈ $510.26K	CN¥4.99 Billion ≈ $730.37 Million	-0.02pp
2005-12-31	0.09%	CN¥3.58 Million ≈ $523.28K	CN¥3.82 Billion ≈ $559.22 Million	-0.45pp
2004-12-31	0.54%	CN¥19.66 Million ≈ $2.88 Million	CN¥3.65 Billion ≈ $534.06 Million	--

pp = percentage points

About First Tractor Co Ltd

SHG:601038 China Farm & Heavy Construction Machinery

Market Cap

$1.48 Billion

CN¥10.13 Billion CNY

Market Cap Rank

#7442 Global

#1786 in China

Share Price

CN¥13.84

Change (1 day)

+1.24%

52-Week Range

CN¥12.28 - CN¥15.82

All Time High

CN¥19.69