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. Also see FTP company net worth for the company's overall valuation and market capitalisation.
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.
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. Explore First Tractor Company Limited (FTP) cash earnings ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shenzhen Neoway Technology Co Ltd
SHG:688159
|
0.027x |
|
Visco Vision Inc.
TW:6782
|
0.061x |
|
Hefei Taihe Optoelectronic
SHG:603656
|
0.052x |
|
Zhejiang Jinsheng New Materials Co
SHE:300849
|
0.043x |
|
Future Generation Global Ltd
AU:FGG
|
0.147x |
|
Abm Investama Tbk
JK:ABMM
|
0.038x |
|
FinVolution Group
NYSE:FINV
|
0.052x |
|
Hunan Haili Chemical Co Ltd
SHG:600731
|
0.026x |
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. View FTP live share price for real-time trading data and today's change.
| 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