First Tractor Co Ltd (601038) — Free Cash Flow Generation Index
First Tractor Co Ltd (601038) has a Free Cash Flow Generation Index of 0.96x as of September 2025. Free cash flow of CN¥689.13 Million represents 1% of operating cash flow (CN¥716.55 Million). Explore 601038 capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
First Tractor Co Ltd Free Cash Flow Generation Index (2005–2025)
Historical FCF Generation Index trend for First Tractor Co Ltd across 18 annual periods. For the full cash flow conversion analysis, see 601038 operating cash flow.
Annual Free Cash Flow Generation for First Tractor Co Ltd (2005–2025)
Year-by-year Free Cash Flow Generation Index for First Tractor Co Ltd. Check First Tractor Co Ltd cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (CNY) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.82x | CN¥862.58 Million | CN¥1.06 Billion | CN¥192.93 Million | ▼ -13.2% |
| 2024 | 0.94x | CN¥1.14 Billion | CN¥1.22 Billion | CN¥111.97 Million | ▲ +2.8% |
| 2023 | 0.92x | CN¥967.16 Million | CN¥1.06 Billion | CN¥89.10 Million | ▼ -6.0% |
| 2022 | 0.97x | CN¥3.51 Billion | CN¥3.60 Billion | CN¥94.19 Million | ▲ +10.2% |
| 2021 | 0.88x | CN¥514.43 Million | CN¥582.28 Million | CN¥67.85 Million | ▼ -5.5% |
| 2020 | 0.93x | CN¥1.17 Billion | CN¥1.25 Billion | CN¥81.21 Million | ▲ +278.9% |
| 2019 | 0.25x | CN¥81.62 Million | CN¥330.73 Million | CN¥249.12 Million | ▼ -72.5% |
| 2016 | 0.90x | CN¥1.88 Billion | CN¥2.09 Billion | CN¥217.84 Million | ▲ +151.7% |
| 2015 | 0.36x | CN¥227.04 Million | CN¥637.80 Million | CN¥410.75 Million | ▲ +104.6% |
| 2014 | -7.77x | CN¥-581.95 Million | CN¥74.87 Million | CN¥656.81 Million | ▼ -8080.8% |
| 2012 | 0.10x | CN¥54.07 Million | CN¥555.13 Million | CN¥501.06 Million | ▲ +132.1% |
| 2011 | -0.30x | CN¥-140.69 Million | CN¥463.70 Million | CN¥604.38 Million | ▼ -591.8% |
| 2010 | -0.04x | CN¥-23.82 Million | CN¥543.23 Million | CN¥567.06 Million | ▼ -108.1% |
| 2009 | 0.54x | CN¥183.11 Million | CN¥338.32 Million | CN¥155.21 Million | ▲ +28.9% |
| 2008 | 0.42x | CN¥138.53 Million | CN¥329.80 Million | CN¥191.27 Million | ▲ +136.0% |
| 2007 | -1.17x | CN¥-100.45 Million | CN¥86.09 Million | CN¥186.55 Million | ▼ -561.8% |
| 2006 | 0.25x | CN¥61.20 Million | CN¥242.18 Million | CN¥180.99 Million | ▲ +5.3% |
| 2005 | 0.24x | CN¥57.92 Million | CN¥241.47 Million | CN¥183.55 Million | — |