First Tractor Co Ltd (601038) — Strategic Asset Allocation Index

Latest as of June 2023: 34.6%

First Tractor Co Ltd (601038) has a Strategic Asset Allocation Index of 34.6% as of June 2023. Strategic assets (PP&E of CN¥2.42 Billion plus long-term investments of CN¥-) total CN¥2.42 Billion, measured against net assets of CN¥7.00 Billion. A higher index reflects capital-intensive or investment-heavy strategies where strategic assets dominate the equity base. See First Tractor Co Ltd (601038) balance sheet quality index to measure how much of total assets are equity-financed.

SAAI

34.6%
Strategic Assets / Net Assets

Strategic Assets

CN¥2.42 Billion
PP&E + LT Investments

PP&E

CN¥2.42 Billion
CNY

Net Assets

CN¥7.00 Billion
CNY

First Tractor Co Ltd Strategic Asset Allocation Index (2015–2022)

This chart shows how First Tractor Co Ltd's Strategic Asset Allocation Index has evolved across 8 annual periods from 2015 to 2022. As of June 2023, the index stands at 34.6%, representing strategic assets of CN¥2.42 Billion against net assets of CN¥7.00 Billion CNY. For live market cap and overall valuation, see 601038 company net worth.

Annual Strategic Asset Allocation Index for First Tractor Co Ltd (2015–2022)

The table below presents the year-by-year Strategic Asset Allocation Index for First Tractor Co Ltd from 2015 to 2022, covering 8 annual filings. Each row shows PP&E, long-term investments, strategic assets combined, net assets, the index percentage, and the change in percentage points compared to the prior year. See First Tractor Co Ltd net assets for net asset value and shareholders' equity analysis.

Year SAAI Strategic Assets (CNY) PP&E LT Investments Net Assets Change (pp)
2022 38.1% CN¥2.47 Billion CN¥2.47 Billion CN¥- CN¥6.50 Billion ▼ -4.7 pp
2021 42.8% CN¥2.56 Billion CN¥2.56 Billion CN¥- CN¥5.98 Billion ▼ -12.3 pp
2020 55.1% CN¥2.74 Billion CN¥2.74 Billion CN¥- CN¥4.98 Billion ▼ -9.4 pp
2019 64.5% CN¥3.09 Billion CN¥2.96 Billion CN¥123.62 Million CN¥4.78 Billion ▼ -6.5 pp
2018 71.0% CN¥3.31 Billion CN¥3.18 Billion CN¥131.20 Million CN¥4.66 Billion ▲ +2.8 pp
2017 68.2% CN¥3.71 Billion CN¥3.32 Billion CN¥387.94 Million CN¥5.44 Billion ▼ -0.7 pp
2016 68.9% CN¥3.79 Billion CN¥3.35 Billion CN¥443.19 Million CN¥5.50 Billion ▼ -3.2 pp
2015 72.1% CN¥3.89 Billion CN¥3.48 Billion CN¥410.07 Million CN¥5.40 Billion
pp = percentage points