First Tractor Co Ltd (601038) — Financial Flexibility Index
First Tractor Co Ltd (601038) has a Financial Flexibility Index of 0.01x as of December 2025. Free cash flow of CN¥43.19 Million (operating CF CN¥-71.98 Million minus capex CN¥115.18 Million) represents 0% of total liabilities (CN¥6.66 Billion). Also explore 601038 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
First Tractor Co Ltd Financial Flexibility Index (2004–2025)
Historical Financial Flexibility Index trend for First Tractor Co Ltd across 22 annual periods. Check First Tractor Co Ltd (601038) strategic investment index to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for First Tractor Co Ltd (2004–2025)
Year-by-year free cash flow to debt coverage for First Tractor Co Ltd. For the full company profile including market capitalisation, see First Tractor Co Ltd market capitalisation.
| Year | Flexibility Index | Free Cash Flow (CNY) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.19x | CN¥1.25 Billion | CN¥1.06 Billion | CN¥6.66 Billion | ▼ -2.4% |
| 2024 | 0.19x | CN¥1.33 Billion | CN¥1.22 Billion | CN¥6.91 Billion | ▲ +10.7% |
| 2023 | 0.17x | CN¥1.15 Billion | CN¥1.06 Billion | CN¥6.60 Billion | ▼ -69.5% |
| 2022 | 0.57x | CN¥3.70 Billion | CN¥3.60 Billion | CN¥6.49 Billion | ▲ +457.0% |
| 2021 | 0.10x | CN¥650.13 Million | CN¥582.28 Million | CN¥6.36 Billion | ▼ -43.4% |
| 2020 | 0.18x | CN¥1.33 Billion | CN¥1.25 Billion | CN¥7.37 Billion | ▲ +113.1% |
| 2019 | 0.08x | CN¥579.85 Million | CN¥330.73 Million | CN¥6.85 Billion | ▲ +719.8% |
| 2018 | -0.01x | CN¥-115.97 Million | CN¥-384.40 Million | CN¥8.48 Billion | ▲ +55.0% |
| 2017 | -0.03x | CN¥-263.16 Million | CN¥-556.31 Million | CN¥8.66 Billion | ▼ -110.1% |
| 2016 | 0.30x | CN¥2.31 Billion | CN¥2.09 Billion | CN¥7.71 Billion | ▲ +125.2% |
| 2015 | 0.13x | CN¥1.05 Billion | CN¥637.80 Million | CN¥7.87 Billion | ▲ +28.0% |
| 2014 | 0.10x | CN¥731.68 Million | CN¥74.87 Million | CN¥7.03 Billion | ▲ +95.6% |
| 2013 | 0.05x | CN¥342.51 Million | CN¥-131.90 Million | CN¥6.44 Billion | ▼ -70.6% |
| 2012 | 0.18x | CN¥1.06 Billion | CN¥555.13 Million | CN¥5.84 Billion | ▼ -8.7% |
| 2011 | 0.20x | CN¥1.07 Billion | CN¥463.70 Million | CN¥5.39 Billion | ▼ -14.4% |
| 2010 | 0.23x | CN¥1.11 Billion | CN¥543.23 Million | CN¥4.80 Billion | ▲ +39.2% |
| 2009 | 0.17x | CN¥493.53 Million | CN¥338.32 Million | CN¥2.97 Billion | ▼ -6.6% |
| 2008 | 0.18x | CN¥521.07 Million | CN¥329.80 Million | CN¥2.93 Billion | ▲ +77.0% |
| 2007 | 0.10x | CN¥272.64 Million | CN¥86.09 Million | CN¥2.71 Billion | ▼ -38.5% |
| 2006 | 0.16x | CN¥423.17 Million | CN¥242.18 Million | CN¥2.59 Billion | ▼ -37.4% |
| 2005 | 0.26x | CN¥425.02 Million | CN¥241.47 Million | CN¥1.63 Billion | ▲ +342.5% |
| 2004 | -0.11x | CN¥-152.22 Million | CN¥-282.12 Million | CN¥1.41 Billion | — |