FIRST TRACTOR -H-
FIRST TRACTOR -H- operates in Diversified Metals & Mining.
FIRST TRACTOR -H- (FTP) - Net Assets
Latest net assets as of June 2024: €7.77 Billion EUR
Based on the latest financial reports, FIRST TRACTOR -H- (FTP) has net assets worth €7.77 Billion EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€14.78 Billion) and total liabilities (€7.01 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €7.77 Billion |
| % of Total Assets | 52.55% |
| Annual Growth Rate | 3.95% |
| 5-Year Change | 50.91% |
| 10-Year Change | N/A |
| Growth Volatility | 10.0 |
FIRST TRACTOR -H- - Net Assets Trend (2016–2023)
This chart illustrates how FIRST TRACTOR -H-'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for FIRST TRACTOR -H- (2016–2023)
The table below shows the annual net assets of FIRST TRACTOR -H- from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €7.22 Billion | +11.11% |
| 2022-12-31 | €6.50 Billion | +8.61% |
| 2021-12-31 | €5.98 Billion | +20.23% |
| 2020-12-31 | €4.98 Billion | +4.01% |
| 2019-12-31 | €4.78 Billion | +2.74% |
| 2018-12-31 | €4.66 Billion | -14.39% |
| 2017-12-31 | €5.44 Billion | -1.17% |
| 2016-12-31 | €5.50 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to FIRST TRACTOR -H-'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 72.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.22 Billion | 33.16% |
| Other Components | €4.47 Billion | 66.84% |
| Total Equity | €6.69 Billion | 100.00% |
FIRST TRACTOR -H- Competitors by Market Cap
The table below lists competitors of FIRST TRACTOR -H- ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BORYSZEW (BOW.SG)
STU:BOW
|
$10.55K |
|
Sinolink Railway Constr
SHG:508008
|
$10.56K |
|
Akritas S.A
AT:AKRIT
|
$10.57K |
|
Software Circle plc
LSE:SFT
|
$10.58K |
|
Test Security J1
PINK:TESTJ
|
$10.55K |
|
Sage Gold Inc
PINK:SGGDF
|
$10.54K |
|
4BASEBIO UK SOCIETAS
LSE:4BB
|
$10.53K |
|
IQ8
STU:IQ8
|
$10.53K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FIRST TRACTOR -H-'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 5,958,084,952 to 6,691,690,667, a change of 733,605,715 (12.3%).
- Net income of 997,022,700 contributed positively to equity growth.
- Dividend payments of 273,225,650 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €997.02 Million | +14.9% |
| Dividends Paid | €273.23 Million | -4.08% |
| Other Changes | €9.81 Million | +0.15% |
| Total Change | €- | 12.31% |
Book Value vs Market Value Analysis
This analysis compares FIRST TRACTOR -H-'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.18x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €4.87 | €1.10 | x |
| 2018-12-31 | €4.06 | €1.10 | x |
| 2019-12-31 | €4.13 | €1.10 | x |
| 2020-12-31 | €4.40 | €1.10 | x |
| 2021-12-31 | €4.81 | €1.10 | x |
| 2022-12-31 | €5.30 | €1.10 | x |
| 2023-12-31 | €5.96 | €1.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FIRST TRACTOR -H- utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.90%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.65%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 2.06x
- Recent ROE (14.90%) is above the historical average (1.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 4.63% | 2.57% | 0.66x | 2.74x | €-259.56 Million |
| 2017 | 1.18% | 0.78% | 0.51x | 2.94x | €-423.22 Million |
| 2018 | -32.45% | -23.46% | 0.42x | 3.28x | €-1.70 Billion |
| 2019 | 1.51% | 1.07% | 0.49x | 2.86x | €-345.53 Million |
| 2020 | 6.46% | 3.74% | 0.61x | 2.85x | €-153.67 Million |
| 2021 | 8.02% | 4.71% | 0.75x | 2.28x | €-106.86 Million |
| 2022 | 11.43% | 5.47% | 0.96x | 2.18x | €85.24 Million |
| 2023 | 14.90% | 8.65% | 0.83x | 2.06x | €327.85 Million |
Industry Comparison
This section compares FIRST TRACTOR -H-'s net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FIRST TRACTOR -H- (FTP) | €7.77 Billion | 4.63% | 0.90x | $10.55K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |