First Tractor Co Ltd (601038) — 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. Explore 601038 capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
First Tractor Co Ltd Cash Flow Reinvestment Rate (2005–2025)
Historical reinvestment intensity for First Tractor Co Ltd across 18 annual periods. Also explore 601038 total assets for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for First Tractor Co Ltd (2005–2025)
Year-by-year capital reinvestment analysis for First Tractor Co Ltd. For live market cap and broader valuation context, see 601038 stock market capitalisation.
| 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 | — |