First Tractor Company Limited (FTP) - 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.
First Tractor Company Limited - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how First Tractor Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read total liabilities of First Tractor Company Limited for a breakdown of total debt and financial obligations.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Danhua Chemical Technology Co Ltd A
SHG:600844
|
0.043x |
|
EMX Royalty Corp
V:EMX
|
0.059x |
|
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022
|
0.008x |
|
Binggrae
KO:005180
|
0.154x |
|
GuangZhou Wahlap Technology Corporation Limited
SHE:301011
|
0.044x |
|
Thaitheparos Public Company Limited
BK:SAUCE
|
0.029x |
|
Fiverr International Ltd
NYSE:FVRR
|
0.082x |
|
Skjern Bank A/S
CO:SKJE
|
0.007x |
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. For the full company profile with market capitalisation and key ratios, see First Tractor Company Limited market cap and net worth.
| 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
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