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. See cash generation quality of First Tractor Co Ltd to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see 601038 cash generation efficiency.
Annual Cash Flow Reinvestment Rate for First Tractor Co Ltd (2005–2025)
Year-by-year capital reinvestment analysis for First Tractor Co Ltd. See 601038 FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
| 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 | — |