Want to see HK:0038 full AI Analyst Report?
First Tractor Co (0038) Ratios
First Tractor Co Ratios
HK:0038's free cash flow for Q3 2026 was $1.18B. For the 2026 fiscal year, HK:0038's free cash flow was decreased by $-132.20M and operating cash flow was $1.31B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.36 | 1.14 | 1.07 | 1.14 | 1.31 |
| Quick Ratio | 1.17 | 0.93 | 0.82 | 0.96 | 1.02 |
| Cash Ratio | 0.31 | 0.36 | 0.46 | 0.63 | 0.55 |
| Solvency Ratio | 0.17 | 0.18 | 0.20 | 0.15 | 0.12 |
| Operating Cash Flow Ratio | 0.17 | 0.19 | 0.17 | 0.52 | 0.10 |
| Short-Term Operating Cash Flow Coverage | 0.40 | 5.39 | 0.49 | 13.32 | 1.21 |
| Net Current Asset Value | $ 1.38B | $ 511.98M | $ -110.26M | $ 1.39B | $ 1.34B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.20 | 0.02 | 0.17 | 0.03 | 0.05 |
| Debt-to-Equity Ratio | 0.40 | 0.04 | 0.36 | 0.06 | 0.11 |
| Debt-to-Capital Ratio | 0.28 | 0.04 | 0.26 | 0.06 | 0.10 |
| Long-Term Debt-to-Capital Ratio | 0.05 | 0.01 | 0.03 | 0.01 | 0.02 |
| Financial Leverage Ratio | 1.97 | 2.02 | 2.06 | 2.18 | 2.28 |
| Debt Service Coverage Ratio | 0.33 | 4.34 | 0.61 | 3.71 | 1.23 |
| Interest Coverage Ratio | 72.10 | 181.51 | 36.65 | 17.65 | 8.54 |
| Debt to Market Cap | 0.36 | 0.04 | 0.48 | 0.09 | 0.17 |
| Interest Debt Per Share | 2.72 | 0.28 | 2.15 | 0.35 | 0.59 |
| Net Debt to EBITDA | 1.20 | -1.81 | -0.28 | -3.65 | -3.88 |
| Profitability Margins | |||||
| Gross Profit Margin | 14.81% | 14.78% | 15.66% | 15.59% | 17.13% |
| EBIT Margin | 5.60% | 7.01% | 8.93% | 6.14% | 3.64% |
| EBITDA Margin | 8.67% | 9.45% | 11.67% | 8.73% | 7.27% |
| Operating Profit Margin | 8.48% | 8.79% | 8.64% | 4.68% | 4.57% |
| Pretax Profit Margin | 8.65% | 8.84% | 8.70% | 4.87% | 4.93% |
| Net Profit Margin | 7.50% | 7.75% | 8.64% | 5.42% | 4.64% |
| Continuous Operations Profit Margin | 7.94% | 7.82% | 8.58% | 5.11% | 4.64% |
| Net Income Per EBT | 86.72% | 87.66% | 99.40% | 111.30% | 94.15% |
| EBT Per EBIT | 101.97% | 100.52% | 100.68% | 104.06% | 107.82% |
| Return on Assets (ROA) | 5.38% | 6.28% | 7.22% | 5.24% | 3.51% |
| Return on Equity (ROE) | 10.59% | 12.71% | 14.90% | 11.43% | 8.02% |
| Return on Capital Employed (ROCE) | 10.18% | 12.77% | 12.82% | 9.72% | 6.62% |
| Return on Invested Capital (ROIC) | 7.25% | 10.97% | 9.87% | 8.66% | 5.79% |
| Return on Tangible Assets | 5.61% | 6.58% | 7.61% | 5.59% | 3.74% |
| Earnings Yield | 9.62% | 12.17% | 19.98% | 18.60% | 12.11% |
| Efficiency Ratios | |||||
| Receivables Turnover | 17.09 | 23.76 | 16.92 | 17.93 | 12.14 |
| Payables Turnover | 5.03 | 4.70 | 4.20 | 2.58 | 2.28 |
| Inventory Turnover | 8.00 | 7.38 | 6.42 | 8.81 | 4.62 |
| Fixed Asset Turnover | 4.36 | 4.91 | 4.77 | 4.49 | 3.65 |
| Asset Turnover | 0.72 | 0.81 | 0.83 | 0.97 | 0.76 |
| Working Capital Turnover Ratio | 6.99 | 17.38 | 16.59 | 9.13 | 7.87 |
| Cash Conversion Cycle | -5.56 | -12.79 | -8.49 | -79.92 | -50.80 |
| Days of Sales Outstanding | 21.35 | 15.36 | 21.57 | 20.36 | 30.08 |
| Days of Inventory Outstanding | 45.64 | 49.46 | 56.82 | 41.42 | 78.99 |
| Days of Payables Outstanding | 72.55 | 77.61 | 86.88 | 141.71 | 159.87 |
| Operating Cycle | 66.99 | 64.82 | 78.39 | 61.78 | 109.07 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 0.92 | 1.08 | 0.94 | 3.21 | 0.52 |
| Free Cash Flow Per Share | 0.75 | 0.98 | 0.86 | 3.12 | 0.46 |
| Dividend Paid and CapEx Coverage Ratio | 1.74 | 2.55 | 2.95 | 12.30 | 3.24 |
| Capital Expenditure Coverage Ratio | 5.47 | 10.86 | 11.85 | 38.24 | 8.58 |
| Operating Cash Flow Coverage Ratio | 0.34 | 3.98 | 0.44 | 9.94 | 0.96 |
| Operating Cash Flow to Sales Ratio | 0.10 | 0.10 | 0.09 | 0.29 | 0.06 |
| Free Cash Flow Yield | 9.96% | 14.57% | 19.39% | 95.81% | 14.38% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 10.43 | 8.22 | 5.00 | 5.38 | 8.26 |
| Price-to-Sales (P/S) Ratio | 0.78 | 0.64 | 0.43 | 0.29 | 0.38 |
| Price-to-Book (P/B) Ratio | 1.10 | 1.04 | 0.75 | 0.61 | 0.66 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 10.04 | 6.86 | 5.16 | 1.04 | 6.95 |
| Price-to-Operating Cash Flow Ratio | 8.21 | 6.23 | 4.72 | 1.02 | 6.14 |
| Price-to-Earnings Growth (PEG) Ratio | -0.86 | -1.05 | 0.11 | 0.10 | 0.21 |
| Enterprise Value Multiple | 10.19 | 4.92 | 3.43 | -0.31 | 1.39 |
| Enterprise Value | 9.57B | 5.54B | 4.61B | -340.26M | 941.61M |
| EV to EBITDA | 10.19 | 4.92 | 3.43 | -0.31 | 1.39 |
| EV to Sales | 0.88 | 0.47 | 0.40 | -0.03 | 0.10 |
| EV to Free Cash Flow | 11.39 | 5.01 | 4.77 | -0.10 | 1.83 |
| EV to Operating Cash Flow | 9.31 | 4.55 | 4.37 | -0.09 | 1.62 |
| Tangible Book Value Per Share | 6.77 | 6.32 | 5.79 | 5.06 | 4.70 |
| Shareholders’ Equity Per Share | 6.82 | 6.46 | 5.96 | 5.30 | 4.86 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.08 | 0.11 | 0.01 | -0.05 | 0.06 |
| Revenue Per Share | 9.63 | 10.59 | 10.26 | 11.18 | 8.39 |
| Net Income Per Share | 0.72 | 0.82 | 0.89 | 0.61 | 0.39 |
| Tax Burden | 0.87 | 0.88 | 0.99 | 1.11 | 0.94 |
| Interest Burden | 1.55 | 1.26 | 0.97 | 0.79 | 1.35 |
| Research & Development to Revenue | 0.05 | 0.04 | 0.04 | 0.05 | 0.04 |
| SG&A to Revenue | 0.01 | 0.04 | 0.01 | 0.00 | 0.01 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 0.00 | 1.32 | 1.07 | 5.61 | 1.34 |
Currency in CNY
