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First Tractor Co Stock

First Tractor Co ROE 2024

First Tractor Co ROE

0.15

Ticker

601038.SS

ISIN

CNE100001JN7

In 2024, First Tractor Co's return on equity (ROE) was 0.15, a 30.35% increase from the 0.11 ROE in the previous year.

First Tractor Co Aktienanalyse

What does First Tractor Co do?

The First Tractor Co Ltd is a Chinese company specializing in the manufacturing and sales of agricultural machinery and equipment. The company was founded in 1955 and is headquartered in Luoyang, Henan Province. History The First Tractor Co Ltd was formed through the merger of several small agricultural machinery manufacturers in Henan Province. Over the years, the company expanded its business and has become one of the leading manufacturers of agricultural machinery in China. Business Model The business model of First Tractor Co Ltd is based on the development and manufacturing of agricultural machinery and equipment that are marketed in China and international markets. The company offers a wide range of products, ranging from tractors and combine harvesters to excavators and road rollers. Divisions First Tractor Co Ltd has several divisions, which are divided into agricultural machinery, construction machinery, and machine tools. Agricultural Machinery The agricultural machinery division of First Tractor Co Ltd offers a wide range of products, including tractors, combine harvesters, rice and corn planters, plows, and other agricultural equipment. These machines are capable of performing various tasks in the field and reducing labor. Construction Machinery The construction machinery division of First Tractor Co Ltd includes excavators, road and track rollers, crane trucks, and other construction machinery. These machines are capable of performing various construction tasks such as digging, excavation, and crane work. Machine Tools The machine tools division of First Tractor Co Ltd produces various types of machine tools, such as milling machines, lathes, and drilling machines. These machines are used in the manufacturing industry to process workpieces with precision. Products First Tractor Co Ltd offers a wide range of products tailored to the different needs of customers. The company's products include: Tractors The company offers a wide range of tractors suitable for various agricultural operations. These tractors are capable of performing tasks such as plowing, harrowing, and threshing. Combine Harvesters The combine harvesters of First Tractor Co Ltd are offered in various configurations and can be used for harvesting rice, corn, and wheat. These combine harvesters are able to efficiently and quickly complete the harvest. Rice and Corn Planters The company also offers rice and corn planters that are capable of sowing rice seeds and corn seeds into the ground. These planters can be used in agriculture to reduce labor and increase productivity. Excavators First Tractor Co Ltd produces excavators in various sizes and configurations. These machines are capable of performing various construction tasks such as digging, excavation, and demolition. Road and Track Rollers The company also offers road and track rollers that are capable of smoothing and compacting the surface of roads and rails. These machines are widely used in the construction industry and are used for various tasks. Conclusion First Tractor Co Ltd is a leading manufacturer of agricultural machinery and equipment in China. The company has proven in the past that it is capable of producing high-quality machines and being successful in international markets. With a wide range of products and divisions, the company is able to meet the needs of customers in various industries. First Tractor Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding First Tractor Co's Return on Equity (ROE)

First Tractor Co's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing First Tractor Co's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

First Tractor Co's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in First Tractor Co’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about First Tractor Co stock

What is the ROE (Return on Equity) of First Tractor Co this year?

The ROE of First Tractor Co this year is 0.15 undefined.

How has the Return on Equity (ROE) of First Tractor Co developed compared to the previous year?

The ROE of First Tractor Co has increased by 30.35% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of First Tractor Co?

A high ROE indicates that First Tractor Co generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of First Tractor Co?

A low ROE can indicate that First Tractor Co is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of First Tractor Co affect the company?

A change in ROE (Return on Equity) of First Tractor Co can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of First Tractor Co?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of First Tractor Co?

Some factors that can influence First Tractor Co's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does First Tractor Co pay?

Over the past 12 months, First Tractor Co paid a dividend of 0.23 CNY . This corresponds to a dividend yield of about 1.49 %. For the coming 12 months, First Tractor Co is expected to pay a dividend of 0.25 CNY.

What is the dividend yield of First Tractor Co?

The current dividend yield of First Tractor Co is 1.49 %.

When does First Tractor Co pay dividends?

First Tractor Co pays a quarterly dividend. This is distributed in the months of August, June, July, July.

How secure is the dividend of First Tractor Co?

First Tractor Co paid dividends every year for the past 6 years.

What is the dividend of First Tractor Co?

For the upcoming 12 months, dividends amounting to 0.25 CNY are expected. This corresponds to a dividend yield of 1.63 %.

In which sector is First Tractor Co located?

First Tractor Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von First Tractor Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of First Tractor Co from 6/14/2024 amounting to 0.319 CNY, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did First Tractor Co pay the last dividend?

The last dividend was paid out on 6/14/2024.

What was the dividend of First Tractor Co in the year 2023?

In the year 2023, First Tractor Co distributed 0.117 CNY as dividends.

In which currency does First Tractor Co pay out the dividend?

The dividends of First Tractor Co are distributed in CNY.

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Andere Kennzahlen von First Tractor Co

Our stock analysis for First Tractor Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of First Tractor Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.