First Tractor Company Limited Cash Flow Conversion Efficiency

Latest as of June 2023: 0.114x

First Tractor Company Limited cash flow conversion efficiency. Based on the latest financial reports, First Tractor Company Limited (FTP) has a cash flow conversion efficiency ratio of 0.114x as of June 2023. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€799.78 Million ≈ $935.03 Million USD) by net assets (€7.00 Billion ≈ $8.19 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of First Tractor Company Limited (2013–2024)

Cash flow conversion efficiency of First Tractor Company Limited from 2013 to 2024. This chart illustrates how First Tractor Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View First Tractor Company Limited stock quote for real-time trading data and today's change.

First Tractor Company Limited Cash Flow Conversion Ratio Explained

First Tractor Company Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

First Tractor Company Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of First Tractor Company Limited ranked by their cash flow conversion efficiency. Also see FTP market cap for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Beijing Andawell Science & Technology Co Ltd Class A SHE:300719	0.007x
Fulgent Sun International Holding Co Ltd TW:9802	-0.061x
Zhengzhou J and T Hi Tech Co SHE:300845	0.021x
Banyan Gold Corp V:BYN	0.025x
Victoria Care Indonesia Tbk Pt JK:VICI	0.042x
Atrium Mortgage Investment Corp TO:AI	0.027x
Shanghai Tianyong Engineering Co Ltd SHG:603895	0.325x
Hebei Gongda Keya Energy Technology Co. Ltd. A SHE:301197	N/A

Annual Cash Flow Conversion Efficiency for First Tractor Company Limited (2013–2024)

The table below shows the annual cash flow conversion efficiency of First Tractor Company Limited from 2013 to 2024. Review cash generation quality of First Tractor Company Limited to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	€7.78 Billion ≈ $9.09 Billion	€1.22 Billion ≈ $1.42 Billion	0.156x	+6.86%
2023-12-31	€7.22 Billion ≈ $8.44 Billion	€1.06 Billion ≈ $1.23 Billion	0.146x	-73.61%
2022-12-31	€6.50 Billion ≈ $7.60 Billion	€3.60 Billion ≈ $4.21 Billion	0.554x	+469.58%
2021-12-31	€5.98 Billion ≈ $6.99 Billion	€582.28 Million ≈ $680.75 Million	0.097x	-61.22%
2020-12-31	€4.98 Billion ≈ $5.82 Billion	€1.25 Billion ≈ $1.46 Billion	0.251x	+263.04%
2019-12-31	€4.78 Billion ≈ $5.59 Billion	€330.73 Million ≈ $386.66 Million	0.069x	+183.74%
2018-12-31	€4.66 Billion ≈ $5.44 Billion	€-384.40 Million ≈ $-449.40 Million	-0.083x	+19.28%
2017-12-31	€5.44 Billion ≈ $6.36 Billion	€-556.31 Million ≈ $-650.39 Million	-0.102x	-126.89%
2016-12-31	€5.50 Billion ≈ $6.43 Billion	€2.09 Billion ≈ $2.45 Billion	0.380x	+221.92%
2015-12-31	€5.40 Billion ≈ $6.31 Billion	€637.80 Million ≈ $745.65 Million	0.118x	+739.64%
2014-12-31	€5.32 Billion ≈ $6.22 Billion	€74.87 Million ≈ $87.53 Million	0.014x	+152.27%
2013-12-31	€5.26 Billion ≈ $6.15 Billion	€-141.52 Million ≈ $-165.45 Million	-0.027x	--

About First Tractor Company Limited

F:FTP Germany Farm & Heavy Construction Machinery

Market Cap

$387.20 Million

€331.19 Million EUR

Market Cap Rank

#13238 Global

#1395 in Germany

Share Price

€0.85

Change (1 day)

+6.29%

52-Week Range

€0.70 - €1.11

All Time High

€1.12