First Tractor Co Ltd Cash Flow Reinvestment Rate

Latest as of September 2025: 0.04x

First Tractor Co Ltd cash flow reinvestment rate. First Tractor Co Ltd (601038) has a Cash Flow Reinvestment Rate of 0.04x as of September 2025, reinvesting CN¥27.42 Million (capex CN¥27.42 Million ) from operating cash flow of CN¥716.55 Million. See 601038 free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.

Reinvestment Rate

0.04x
(Capex + Investments) / Operating CF

Total Reinvested

CN¥27.42 Million
Capex + Investments

Operating Cash Flow

CN¥716.55 Million
CNY

Capital Expenditures

CN¥27.42 Million
CNY

Cash Flow Reinvestment Rate of First Tractor Co Ltd (2005–2025)

Cash flow reinvestment rate of First Tractor Co Ltd from 2005 to 2025. Historical reinvestment intensity for First Tractor Co Ltd across 18 annual periods. Explore debt repayment capacity of First Tractor Co Ltd to assess how comfortably operating cash covers total debt obligations.

First Tractor Co Ltd Cash Flow Reinvestment Rate by Year (2005–2025)

First Tractor Co Ltd cash flow reinvestment rate by year from 2005 to 2025. Year-by-year capital reinvestment analysis for First Tractor Co Ltd. For the full cash flow conversion analysis, see First Tractor Co Ltd (601038) cash conversion ratio.

Year Reinvestment Rate Total Reinvested (CNY) Operating CF Capex YoY Change
2025 1.03x CN¥1.08 Billion CN¥1.06 Billion CN¥192.93 Million ▼ -14.2%
2024 1.20x CN¥1.46 Billion CN¥1.22 Billion CN¥111.97 Million ▼ -39.7%
2023 1.99x CN¥2.10 Billion CN¥1.06 Billion CN¥89.10 Million ▲ +232.5%
2022 0.60x CN¥2.15 Billion CN¥3.60 Billion CN¥94.19 Million ▼ -6.3%
2021 0.64x CN¥371.46 Million CN¥582.28 Million CN¥67.85 Million ▲ +37.0%
2020 0.47x CN¥581.28 Million CN¥1.25 Billion CN¥81.21 Million ▼ -87.6%
2019 3.76x CN¥1.24 Billion CN¥330.73 Million CN¥249.12 Million ▲ +775.4%
2016 0.43x CN¥897.83 Million CN¥2.09 Billion CN¥217.84 Million ▼ -71.2%
2015 1.49x CN¥949.60 Million CN¥637.80 Million CN¥410.75 Million ▼ -83.0%
2014 8.77x CN¥656.81 Million CN¥74.87 Million CN¥656.81 Million ▲ +872.0%
2012 0.90x CN¥501.06 Million CN¥555.13 Million CN¥501.06 Million ▼ -30.8%
2011 1.30x CN¥604.38 Million CN¥463.70 Million CN¥604.38 Million ▲ +24.9%
2010 1.04x CN¥567.06 Million CN¥543.23 Million CN¥567.06 Million ▲ +127.5%
2009 0.46x CN¥155.21 Million CN¥338.32 Million CN¥155.21 Million ▼ -20.9%
2008 0.58x CN¥191.27 Million CN¥329.80 Million CN¥191.27 Million ▼ -73.2%
2007 2.17x CN¥186.55 Million CN¥86.09 Million CN¥186.55 Million ▲ +189.9%
2006 0.75x CN¥180.99 Million CN¥242.18 Million CN¥180.99 Million ▼ -1.7%
2005 0.76x CN¥183.55 Million CN¥241.47 Million CN¥183.55 Million —
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow