First Tractor Co Ltd (601038) - Cash Flow Conversion Efficiency

Latest as of December 2025: -0.009x

Based on the latest financial reports, First Tractor Co Ltd (601038) has a cash flow conversion efficiency ratio of -0.009x as of December 2025. 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 (CN¥-71.98 Million ≈ $-10.53 Million USD) by net assets (CN¥8.44 Billion ≈ $1.23 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 First Tractor Co Ltd market capitalisation for the company's overall valuation and market capitalisation.

First Tractor Co Ltd - Cash Flow Conversion Efficiency Trend (2004–2025)

This chart illustrates how First Tractor Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

First Tractor Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of First Tractor Co Ltd ranked by their cash flow conversion efficiency. Explore 601038 cash flow quality index to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Lonking Holdings Limited F:C9IB	0.040x
Gansu Guofang Gongmao(Grp) SHG:601086	0.031x
Kernel Holding SA WAR:KER	-0.080x
Greatech Technology Bhd KLSE:0208	0.034x
Shanxi Zhangze Electric Power Co Ltd SHE:000767	0.120x
Crompton Greaves Consumer Electricals Limited NSE:CROMPTON	0.013x
Intershop Holding AG SW:ISN	0.014x
Sanoma Oyj HE:SANOMA	0.237x

Annual Cash Flow Conversion Efficiency for First Tractor Co Ltd (2004–2025)

The table below shows the annual cash flow conversion efficiency of First Tractor Co Ltd from 2004 to 2025. View First Tractor Co Ltd share price for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥8.44 Billion ≈ $1.23 Billion	CN¥1.06 Billion ≈ $154.45 Million	0.125x	-19.98%
2024-12-31	CN¥7.78 Billion ≈ $1.14 Billion	CN¥1.22 Billion ≈ $177.96 Million	0.156x	+6.86%
2023-12-31	CN¥7.22 Billion ≈ $1.06 Billion	CN¥1.06 Billion ≈ $154.56 Million	0.146x	-73.61%
2022-12-31	CN¥6.50 Billion ≈ $950.74 Million	CN¥3.60 Billion ≈ $527.09 Million	0.554x	+469.58%
2021-12-31	CN¥5.98 Billion ≈ $875.39 Million	CN¥582.28 Million ≈ $85.21 Million	0.097x	-61.22%
2020-12-31	CN¥4.98 Billion ≈ $728.08 Million	CN¥1.25 Billion ≈ $182.74 Million	0.251x	+263.04%
2019-12-31	CN¥4.78 Billion ≈ $700.03 Million	CN¥330.73 Million ≈ $48.40 Million	0.069x	+183.74%
2018-12-31	CN¥4.66 Billion ≈ $681.33 Million	CN¥-384.40 Million ≈ $-56.25 Million	-0.083x	+19.28%
2017-12-31	CN¥5.44 Billion ≈ $795.89 Million	CN¥-556.31 Million ≈ $-81.41 Million	-0.102x	-126.89%
2016-12-31	CN¥5.50 Billion ≈ $805.36 Million	CN¥2.09 Billion ≈ $306.30 Million	0.380x	+221.92%
2015-12-31	CN¥5.40 Billion ≈ $789.98 Million	CN¥637.80 Million ≈ $93.33 Million	0.118x	+739.64%
2014-12-31	CN¥5.32 Billion ≈ $778.60 Million	CN¥74.87 Million ≈ $10.96 Million	0.014x	+155.77%
2013-12-31	CN¥5.23 Billion ≈ $765.06 Million	CN¥-131.90 Million ≈ $-19.30 Million	-0.025x	-122.23%
2012-12-31	CN¥4.89 Billion ≈ $715.84 Million	CN¥555.13 Million ≈ $81.23 Million	0.113x	-7.60%
2011-12-31	CN¥3.78 Billion ≈ $552.49 Million	CN¥463.70 Million ≈ $67.85 Million	0.123x	-19.88%
2010-12-31	CN¥3.54 Billion ≈ $518.60 Million	CN¥543.23 Million ≈ $79.49 Million	0.153x	+39.30%
2009-12-31	CN¥3.07 Billion ≈ $449.90 Million	CN¥338.32 Million ≈ $49.51 Million	0.110x	-6.05%
2008-12-31	CN¥2.82 Billion ≈ $412.05 Million	CN¥329.80 Million ≈ $48.26 Million	0.117x	+277.87%
2007-12-31	CN¥2.78 Billion ≈ $406.44 Million	CN¥86.09 Million ≈ $12.60 Million	0.031x	-69.23%
2006-12-31	CN¥2.40 Billion ≈ $351.86 Million	CN¥242.18 Million ≈ $35.44 Million	0.101x	-8.45%
2005-12-31	CN¥2.19 Billion ≈ $321.18 Million	CN¥241.47 Million ≈ $35.33 Million	0.110x	+187.22%
2004-12-31	CN¥2.24 Billion ≈ $327.31 Million	CN¥-282.12 Million ≈ $-41.28 Million	-0.126x	--

About First Tractor Co Ltd

SHG:601038 China Farm & Heavy Construction Machinery

Market Cap

$1.58 Billion

CN¥10.77 Billion CNY

Market Cap Rank

#7043 Global

#1474 in China

Share Price

CN¥14.72

Change (1 day)

-0.27%

52-Week Range

CN¥10.23 - CN¥15.82

All Time High

CN¥19.69