First Tractor Co Ltd (SHG:601038) — Market Cap & Net Worth

$1.48 Billion USD  · CN¥10.13 Billion CNY  · Rank #7442

Market Cap & Net Worth: First Tractor Co Ltd (601038)

First Tractor Co Ltd (SHG:601038) has a market capitalization of $1.48 Billion (CN¥10.13 Billion) as of May 2, 2026. Listed on the SHG stock exchange, this China-based company holds position #7442 globally and #1786 in its home market, demonstrating a 9.23% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying First Tractor Co Ltd's stock price CN¥13.84 by its total outstanding shares 731705275 (731.71 Million). Analyse 601038 cash flow conversion to see how efficiently the company converts income to cash.

First Tractor Co Ltd Market Cap History: 2015 to 2026

First Tractor Co Ltd's market capitalization history from 2015 to 2026. Data shows growth from $1.42 Billion to $1.48 Billion (1.97% CAGR).

First Tractor Co Ltd Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how First Tractor Co Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

0.13x

First Tractor Co Ltd's market cap is 0.13 times its annual revenue

Industry average: 0.89x Lower than industry average

Latest Price to Earnings (P/E) Ratio

1.72x

First Tractor Co Ltd's market cap is 1.72 times its annual earnings

Industry average: 30.05x Lower than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2015 $1.42 Billion $9.66 Billion $135.32 Million 0.15x 10.47x
2016 $1.16 Billion $8.87 Billion $223.37 Million 0.13x 5.20x
2017 $864.92 Million $7.36 Billion $56.51 Million 0.12x 15.30x
2018 $502.82 Million $5.68 Billion -$1.30 Billion 0.09x N/A
2019 $718.01 Million $5.83 Billion $61.48 Million 0.12x 11.68x
2020 $1.26 Billion $7.58 Billion $280.15 Million 0.17x 4.49x
2021 $1.47 Billion $9.33 Billion $438.21 Million 0.16x 3.34x
2022 $1.19 Billion $12.56 Billion $681.05 Million 0.09x 1.74x
2023 $1.56 Billion $11.53 Billion $997.02 Million 0.14x 1.56x
2024 $1.58 Billion $11.90 Billion $922.02 Million 0.13x 1.72x

Competitor Companies of 601038 by Market Capitalization

Companies near First Tractor Co Ltd in the global market cap rankings as of May 2, 2026.

Key companies related to First Tractor Co Ltd by market ranking:

  • Caterpillar Inc (NYSE:CAT): Ranked #39 globally with a market cap of $362.70 Billion USD.
  • Deere & Company (NYSE:DE): Ranked #139 globally with a market cap of $155.92 Billion USD.
  • PACCAR Inc (NASDAQ:PCAR): Ranked #432 globally with a market cap of $60.99 Billion USD.
  • AB Volvo (publ) (ST:VOLV-B): Ranked #478 globally with a market cap of $54.57 Billion USD ( Skr507.10 Billion SEK).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#39 Caterpillar Inc NYSE:CAT $362.70 Billion $889.67
#139 Deere & Company NYSE:DE $155.92 Billion $577.26
#432 PACCAR Inc NASDAQ:PCAR $60.99 Billion $116.08
#478 AB Volvo (publ) ST:VOLV-B $54.57 Billion Skr319.10

First Tractor Co Ltd Historical Marketcap From 2015 to 2026

Between 2015 and today, First Tractor Co Ltd's market cap moved from $1.42 Billion to $ 1.48 Billion, with a yearly change of 1.97%.

Year Market Cap Change (%)
2026 CN¥1.48 Billion -2.33%
2025 CN¥1.52 Billion -4.13%
2024 CN¥1.58 Billion +1.44%
2023 CN¥1.56 Billion +31.51%
2022 CN¥1.19 Billion -19.04%
2021 CN¥1.47 Billion +16.37%
2020 CN¥1.26 Billion +75.36%
2019 CN¥718.01 Million +42.80%
2018 CN¥502.82 Million -41.87%
2017 CN¥864.92 Million -25.56%
2016 CN¥1.16 Billion -17.95%
2015 CN¥1.42 Billion --

End of Day Market Cap According to Different Sources

On May 2nd, 2026 the market cap of First Tractor Co Ltd was reported to be:

Source Market Cap
Yahoo Finance $1.48 Billion USD
MoneyControl $1.48 Billion USD
MarketWatch $1.48 Billion USD
marketcap.company $1.48 Billion USD
Reuters $1.48 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About First Tractor Co Ltd

SHG:601038 China Farm & Heavy Construction Machinery
Market Cap
$1.48 Billion
CN¥10.13 Billion CNY
Market Cap Rank
#7442 Global
#1786 in China
Share Price
CN¥13.84
Change (1 day)
+1.24%
52-Week Range
CN¥12.28 - CN¥15.82
All Time High
CN¥19.69
About

First Tractor Company Limited, engages in the manufacturing and sale of agricultural machinery and power machinery. It offers medium and large-sized wheeled and crawler tractors; off-road diesel engines, such as tractors and harvesters, engineering machinery, ships, generator sets, and others; and component products, such as castings and forgings, gears, axles, transmissions, covers, injection pu… Read more