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0038 Stock Chart & Stats
HK$8.50
HK$0.01(0.11%)
At close: 4:00 PM EDT
HK$8.50
HK$0.01(0.11%)
Day’s Range― - ―
52-Week RangeHK$6.33 - HK$10.60
Previous CloseN/A
Volume2.01M
Average Volume (3M)2.55M
Market Cap
HK$13.58B
Enterprise ValueHK$7.91B
Total Cash (Recent Filing)HK$3.33B
Total Debt (Recent Filing)HK$3.08B
Price to Earnings (P/E)17.0
Beta0.64
Next Earnings
Apr 01, 2027EPS Estimate
-0.22Next Dividend Ex-DateN/A
Dividend Yield4.31%
Share Statistics
EPS (TTM)0.74
Shares Outstanding391,940,000
10 Day Avg. Volume3,675,011
30 Day Avg. Volume2,552,496
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$14.00Price Target Upside64.71% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.81
Revenue Forecast (FY)HK$12.08B
Bulls Say, Bears Say
Bulls Say
Revenue RecoveryThe return to revenue growth indicates renewed demand for the company’s tractors and related machinery after the prior-year decline. If sustained, stronger sales can improve production utilization, support operating leverage, and reinforce the company’s position in agricultural equipment markets.
Strong Free Cash FlowStrong recent cash generation provides internal funding for operations, equipment development, and customer support without relying exclusively on external financing. Free cash flow covering a large portion of earnings also supports earnings quality and gives management greater capital-allocation flexibility.
Manageable LeverageModerate leverage and a substantial equity base provide a reasonable financial buffer for an equipment manufacturer exposed to cyclical agricultural demand. This balance-sheet position can help the company sustain investment and absorb operating volatility while limiting dependence on additional borrowing.
Bears Say
Margin CompressionLower margins despite renewed revenue growth suggest that pricing, product mix, or operating costs are weighing on profitability. Continued compression would reduce the earnings benefit of higher sales, constrain reinvestment capacity, and make future results more sensitive to changes in demand.
Uneven Cash ConversionAlthough the latest cash-flow result is strong, large historical swings make the company’s internally generated funding less predictable. Volatile conversion can complicate investment planning, reduce confidence in the durability of reported earnings, and increase reliance on working-capital outcomes.
Inconsistent Capital StructureVariability in debt and leverage can make financial risk harder to assess and may lead to changing interest or refinancing burdens across the cycle. An inconsistent capital structure can also limit management’s flexibility when funding growth or responding to weaker agricultural-equipment demand.
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$13.58B.
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 Apr 01, 2027 which is in 153 days.
How were First Tractor Co Ltd Class H’s earnings last quarter?
First Tractor Co Ltd Class H released its earnings results on Oct 29, 2026. The company reported HK$0.283 earnings per share for the quarter, missing the consensus estimate of HK$0.306 by -HK$0.024.
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 Semiannually dividend of HK$0.08 which represents an annual dividend yield of 4.31%. 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 -0.22.
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$0.283 in its last earnings report, missing expectations of HK$0.306. Following the earnings report the stock price went down -1.74%.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
HK$14.00 (64.71% Upside)
HK$14.00 (64.71% Upside)
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-5.12%
12-Months-Change
Fundamentals
Return on Equity
10.33%
Trailing 12-Months
Asset Growth
19.45%
Trailing 12-Months
Learn more about TipRanks Smart Score
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$14.00
▲(64.71% Upside)
Technical Analysis
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