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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)3.99M
Market Cap
HK$16.24B
Enterprise ValueHK$7.91K
Total Cash (Recent Filing)HK$3.33B
Total Debt (Recent Filing)HK$2.51B
Price to Earnings (P/E)19.7
Beta0.58
Next Earnings
Oct 22, 2026EPS Estimate
0.34Next Dividend Ex-DateN/A
Dividend Yield3.12%
Share Statistics
EPS (TTM)0.74
Shares Outstanding391,940,000
10 Day Avg. Volume6,039,473
30 Day Avg. Volume3,994,653
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$12.21B
Bulls Say, Bears Say
Bulls Say
Revenue RecoveryThe return to revenue growth indicates renewed demand for tractors and related machinery. Sustained top-line expansion can improve factory utilization, strengthen the sales network and support earnings growth if product demand remains healthy.
Strong Free Cash FlowStrong recent cash generation provides internally funded capacity for manufacturing investment, product development, debt service and shareholder returns. Free cash flow covering a large portion of earnings also supports the quality of reported profits.
Manageable LeverageModerate leverage and a substantial equity base provide resilience through changes in agricultural demand and equipment cycles. The balance sheet should give First Tractor financial flexibility to maintain operations and invest without excessive debt pressure.
Bears Say
Margin CompressionLower margins than in 2023 suggest persistent pricing, product-mix or manufacturing-cost pressure. If these factors continue, revenue growth may translate less effectively into operating profit and restrict reinvestment or shareholder distributions.
Uneven Cash ConversionAlthough the latest free cash flow is strong, historical volatility makes cash planning less predictable. Uneven conversion can complicate capital allocation, inventory management and debt reduction, particularly when agricultural equipment demand or working capital needs shift.
Inconsistent Capital StructureVariable leverage indicates that the capital structure has not been fully consistent, while lower returns on equity point to reduced efficiency versus recent historical peaks. This may limit the durability of returns if operating conditions weaken.
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$16.24B.
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 Oct 22, 2026 which is in 45 days.
How were First Tractor Co Ltd Class H’s earnings last quarter?
First Tractor Co Ltd Class H released its earnings results on Aug 25, 2026. The company reported HK$0.233 earnings per share for the quarter, missing the consensus estimate of HK$0.257 by -HK$0.023.
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$0.224 which represents an annual dividend yield of 3.12%. 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 0.34.
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$0.233 in its last earnings report, missing expectations of HK$0.257. Following the earnings report the stock price went up 8.118%.
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
Positive
20 days / 200 days
Momentum
41.45%
12-Months-Change
Fundamentals
Return on Equity
3.12%
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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