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 (FIRRF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.107x
Based on the latest financial reports, First Tractor Company Limited (FIRRF) has a cash flow conversion efficiency ratio of 0.107x as of September 2024.
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 ($854.53 Million) by net assets ($7.97 Billion). 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 (2004–2024)
This chart illustrates how First Tractor Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
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 |
|---|---|
|
Dark Horse Beijing Technology Co Ltd
SHE:300688
|
-0.034x |
|
Distoken Acquisition Corporation Right
NASDAQ:DISTR
|
N/A |
|
Retailors Ltd
PINK:RTALF
|
-0.047x |
|
Medios AG
PINK:MEDOF
|
0.057x |
|
JDM Jingda Mach(Ningbo)Co Ltd
SHG:603088
|
0.077x |
|
MPC Container Ships ASA
PINK:MPZZF
|
0.089x |
|
Zhuhai RaySharp Technology Co.Ltd
SHE:301042
|
N/A |
|
Kraken Robotics Inc
OTCQB:KRKNF
|
-0.046x |
Annual Cash Flow Conversion Efficiency for First Tractor Company Limited (2004–2024)
The table below shows the annual cash flow conversion efficiency of First Tractor Company Limited from 2004 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $7.78 Billion | $1.22 Billion | 0.156x | +6.86% |
| 2023-12-31 | $7.22 Billion | $1.06 Billion | 0.146x | -73.61% |
| 2022-12-31 | $6.50 Billion | $3.60 Billion | 0.554x | +469.58% |
| 2021-12-31 | $5.98 Billion | $582.28 Million | 0.097x | -61.22% |
| 2020-12-31 | $4.98 Billion | $1.25 Billion | 0.251x | +263.04% |
| 2019-12-31 | $4.78 Billion | $330.73 Million | 0.069x | +183.74% |
| 2018-12-31 | $4.66 Billion | $-384.40 Million | -0.083x | +19.28% |
| 2017-12-31 | $5.44 Billion | $-556.31 Million | -0.102x | -126.89% |
| 2016-12-31 | $5.50 Billion | $2.09 Billion | 0.380x | +221.92% |
| 2015-12-31 | $5.40 Billion | $637.80 Million | 0.118x | +739.64% |
| 2014-12-31 | $5.32 Billion | $74.87 Million | 0.014x | +155.77% |
| 2013-12-31 | $5.23 Billion | $-131.90 Million | -0.025x | -122.23% |
| 2012-12-31 | $4.89 Billion | $555.13 Million | 0.113x | -7.60% |
| 2011-12-31 | $3.78 Billion | $463.70 Million | 0.123x | -19.88% |
| 2010-12-31 | $3.54 Billion | $543.23 Million | 0.153x | +39.30% |
| 2009-12-31 | $3.07 Billion | $338.32 Million | 0.110x | -6.05% |
| 2008-12-31 | $2.82 Billion | $329.80 Million | 0.117x | +277.87% |
| 2007-12-31 | $2.78 Billion | $86.09 Million | 0.031x | -69.23% |
| 2006-12-31 | $2.40 Billion | $242.18 Million | 0.101x | -8.45% |
| 2005-12-31 | $2.19 Billion | $241.47 Million | 0.110x | +187.22% |
| 2004-12-31 | $2.24 Billion | $-282.12 Million | -0.126x | -- |