First Tractor Co Ltd Financial Flexibility Index
First Tractor Co Ltd 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). Explore 601038 capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of First Tractor Co Ltd (2004–2025)
Financial flexibility index of First Tractor Co Ltd from 2004 to 2025. Historical Financial Flexibility Index trend for First Tractor Co Ltd across 22 annual periods. Check 601038 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
First Tractor Co Ltd Financial Flexibility Index by Year (2004–2025)
First Tractor Co Ltd financial flexibility index by year from 2004 to 2025. Year-by-year free cash flow to debt coverage for First Tractor Co Ltd. For the full cash flow conversion analysis, see 601038 operating cash flow.
| 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 | — |