First Tractor Co Ltd (601038) - Total Liabilities
Based on the latest financial reports, First Tractor Co Ltd (601038) has total liabilities worth CN¥6.66 Billion CNY (≈ $974.64 Million USD) as of December 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
First Tractor Co Ltd - Total Liabilities Trend (2004–2025)
This chart illustrates how First Tractor Co Ltd's total liabilities have evolved over time, based on quarterly financial data. See 601038 working capital ratio to evaluate short-term liquidity relative to the company's equity base.
First Tractor Co Ltd Competitors by Total Liabilities
The table below lists competitors of First Tractor Co Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Hilan Ltd
TA:HLAN
|
Israel | ILA1.48 Billion |
|
Xiamen Guang Pu Electronics Co Ltd
SHE:300632
|
China | CN¥1.02 Billion |
|
Shanghai Tofflon Science Tech
SHE:300171
|
China | CN¥5.21 Billion |
|
Radiant Opto-Electronics Corp
TW:6176
|
Taiwan | NT$36.06 Billion |
|
Two Harbors Investments Corp
NYSE:TWO
|
USA | $8.80 Billion |
|
Shandong Head Co Ltd
SHE:002810
|
China | CN¥1.77 Billion |
|
Ingles Markets Incorporated
NASDAQ:IMKTA
|
USA | $932.91 Million |
|
Fushun Special Steel Co Ltd
SHG:600399
|
China | CN¥6.96 Billion |
Liability Composition Analysis (2004–2025)
This chart breaks down First Tractor Co Ltd's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see First Tractor Co Ltd (601038) market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.36 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.87 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.44 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how First Tractor Co Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for First Tractor Co Ltd (2004–2025)
The table below shows the annual total liabilities of First Tractor Co Ltd from 2004 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | CN¥6.66 Billion ≈ $974.64 Million |
-3.65% |
| 2024-12-31 | CN¥6.91 Billion ≈ $1.01 Billion |
+4.78% |
| 2023-12-31 | CN¥6.60 Billion ≈ $965.48 Million |
+1.68% |
| 2022-12-31 | CN¥6.49 Billion ≈ $949.54 Million |
+2.07% |
| 2021-12-31 | CN¥6.36 Billion ≈ $930.28 Million |
-13.71% |
| 2020-12-31 | CN¥7.37 Billion ≈ $1.08 Billion |
+7.62% |
| 2019-12-31 | CN¥6.85 Billion ≈ $1.00 Billion |
-19.32% |
| 2018-12-31 | CN¥8.48 Billion ≈ $1.24 Billion |
-2.07% |
| 2017-12-31 | CN¥8.66 Billion ≈ $1.27 Billion |
+12.42% |
| 2016-12-31 | CN¥7.71 Billion ≈ $1.13 Billion |
-2.12% |
| 2015-12-31 | CN¥7.87 Billion ≈ $1.15 Billion |
+11.93% |
| 2014-12-31 | CN¥7.03 Billion ≈ $1.03 Billion |
+9.24% |
| 2013-12-31 | CN¥6.44 Billion ≈ $942.38 Million |
+10.28% |
| 2012-12-31 | CN¥5.84 Billion ≈ $854.57 Million |
+8.30% |
| 2011-12-31 | CN¥5.39 Billion ≈ $789.05 Million |
+12.39% |
| 2010-12-31 | CN¥4.80 Billion ≈ $702.05 Million |
+61.59% |
| 2009-12-31 | CN¥2.97 Billion ≈ $434.47 Million |
+1.42% |
| 2008-12-31 | CN¥2.93 Billion ≈ $428.40 Million |
+8.01% |
| 2007-12-31 | CN¥2.71 Billion ≈ $396.63 Million |
+4.79% |
| 2006-12-31 | CN¥2.59 Billion ≈ $378.51 Million |
+59.01% |
| 2005-12-31 | CN¥1.63 Billion ≈ $238.04 Million |
+15.14% |
| 2004-12-31 | CN¥1.41 Billion ≈ $206.75 Million |
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About First Tractor Co Ltd
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