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0038 Stock Chart & Stats
HK$8.91
HK$0.12(1.74%)
At close: 4:00 PM EST
HK$8.91
HK$0.12(1.74%)
Day’s Range― - ―
52-Week RangeHK$6.33 - HK$10.60
Previous CloseN/A
Volume1.67M
Average Volume (3M)3.45M
Market Cap
HK$12.95B
Enterprise ValueHK$11.34B
Total Cash (Recent Filing)HK$2.77B
Total Debt (Recent Filing)HK$2.27B
Price to Earnings (P/E)15.1
Beta0.57
Next Earnings
Aug 26, 2026EPS Estimate
0.25Next Dividend Ex-DateN/A
Dividend Yield4.49%
Share Statistics
EPS (TTM)0.75
Shares Outstanding391,940,000
10 Day Avg. Volume2,649,106
30 Day Avg. Volume3,447,492
Financial Highlights & Ratios
PEG Ratio-0.86
Price to Book (P/B)1.10
Price to Sales (P/S)0.78
P/FCF Ratio10.04
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$13.00Price Target Upside45.90% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.82
Revenue Forecast (FY)HK$11.91B
Bulls Say, Bears Say
Bulls Say
Revenue Recovery / DemandA large, sustained TTM revenue rebound indicates improving end-market demand or successful pricing/volume recovery. This durable top-line improvement supports higher capacity utilization, spreads fixed costs, and creates a stronger base for reinvesting in product development, distribution, and aftermarket services over the next several quarters.
Balance Sheet LeverageRelatively low and improving leverage provides structural financial flexibility, lowering default and refinancing risk. A stronger capital structure supports dividend policy, targeted M&A or capex, and buffers cyclicality in agricultural equipment demand across a multi-quarter horizon.
Free Cash Flow ConversionHigh FCF and strong conversion of earnings into cash enhance the firm's ability to fund capex, service debt, and sustain dividends without relying on external financing. Persistent positive FCF improves long-term resilience to cyclical downturns and supports strategic investments in products and distribution.
Bears Say
Compressed Operating ProfitabilityMaterial decline in operating margin versus 2023 suggests structural pressure from cost inflation, unfavorable product mix, or pricing limits. If sustained, lower operating profitability reduces reinvestment capacity and long-term returns on capital, making margin recovery necessary for durable earnings improvement.
Cash Flow Volatility And Low CoverageHistoric swings in operating cash flow and weak coverage ratio limit predictability of funding for capex, dividends, and debt servicing. This volatility raises execution risk for multi-quarter initiatives and constrains the company’s ability to consistently deploy cash toward growth or buffer against industry downturns.
Inconsistent Reported Debt LevelsLarge year-to-year swings in reported leverage reduce confidence in balance-sheet stability and complicate credit assessment. Such inconsistency may reflect refinancing cycles, working-capital swings, or accounting variability and increases investor uncertainty about long-term funding reliability.
First Tractor Co News
0038 FAQ
What was First Tractor Co Ltd Class H’s price range in the past 12 months?
First Tractor Co Ltd Class H lowest stock price was HK$6.33 and its highest was HK$10.60 in the past 12 months.
What is First Tractor Co Ltd Class H’s market cap?
First Tractor Co Ltd Class H’s market cap is HK$12.95B.
When is First Tractor Co Ltd Class H’s upcoming earnings report date?
First Tractor Co Ltd Class H’s upcoming earnings report date is Aug 26, 2026 which is in 51 days.
How were First Tractor Co Ltd Class H’s earnings last quarter?
First Tractor Co Ltd Class H released its earnings results on Apr 28, 2026. The company reported HK$0.579 earnings per share for the quarter, beating the consensus estimate of HK$0.578 by HK$0.001.
Is First Tractor Co Ltd Class H overvalued?
According to Wall Street analysts First Tractor Co Ltd Class H’s price is currently Undervalued.
Does First Tractor Co Ltd Class H pay dividends?
First Tractor Co Ltd Class H pays a Quarterly dividend of HK$0.224 which represents an annual dividend yield of 4.49%. See more information on First Tractor Co Ltd Class H dividends here
What is First Tractor Co Ltd Class H’s EPS estimate?
First Tractor Co Ltd Class H’s EPS estimate is 0.25.
How many shares outstanding does First Tractor Co Ltd Class H have?
First Tractor Co Ltd Class H has 391,940,000 shares outstanding.
What happened to First Tractor Co Ltd Class H’s price movement after its last earnings report?
First Tractor Co Ltd Class H reported an EPS of HK$0.579 in its last earnings report, beating expectations of HK$0.578. Following the earnings report the stock price went up 1.5%.
Which hedge fund is a major shareholder of First Tractor Co Ltd Class H?
Currently, no hedge funds are holding shares in HK:0038
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
First Tractor Co Stock Smart Score
Neutral
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
-3.17%
12-Months-Change
Fundamentals
Return on Equity
10.76%
Trailing 12-Months
Asset Growth
11.88%
Trailing 12-Months
Company Description
First Tractor Co Ltd Class H
First Tractor Co., Ltd. engages in the research, development, manufacture, and sale of agricultural machinery and power machinery as well as their parts and components. It operates through the following business segments: Agricultural machinery, Power machinery, and Finance. The Agricultural machinery segment involves in the research, development, manufacture, and sale of wheeled and crawler tractors as well as related parts such as forgings, gears, and gearboxes. The Power machinery segment includes off-read diesel engines as well as parts such as fuel pumps and injectors. The Finance segment provides capital settlement, deposit and loan, finance lease, buyer credit, and investment services through non-bank financial institution subsidiaries. The company was founded in 1955 and is headquartered in Luoyang, China.
0038 Stock 12 Month Forecast
Average Price Target
HK$13.00
▲(45.90% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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