First Tractor Co (601038.SS) Stock Price

First Tractor Co Price

SSE·CLOSED
13.90
​
Market closed

Over the last 19 years First Tractor Co grew revenue by 3.1% annually, reaching 10.82 B CNY. Earnings per share have grown at 13.6% per year over the last 19 years. For First Tractor Co, the net margin of 7.5% is up versus 4.7% a few years ago. At today's price the dividend yield works out to roughly 2.65%. The payout ratio is around 51% of earnings. The dividend has grown at 11.5% per year over the past 12 years. The consensus 12-month price target for First Tractor Co is 21.42 CNY, about 54.1% above where the stock trades today. Of 9 analysts, 8 rate the stock a buy — an overall Buy consensus.

First Tractor Co stock price

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First Tractor Co business model & stock analysis

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.

Frequently asked questions about First Tractor Co

First Tractor Co Ltd, a renowned company in the stock market, primarily operates in China. With its headquarters in Luoyang, Henan Province, the company focuses on various provinces within China. As a leading manufacturer of agricultural machinery, the company caters to the agricultural needs of farmers across different regions within the country. First Tractor Co Ltd's strong presence in China has enabled it to establish a reputable position in the market, delivering high-quality agricultural equipment and services to meet the demands of Chinese farmers efficiently and effectively.

The business model of First Tractor Co Ltd is focused on manufacturing and selling agricultural and construction machinery. With a wide range of products including tractors, harvesters, excavators, and loaders, the company targets customers in both domestic and international markets. First Tractor Co Ltd aims to meet the growing demand for efficient and reliable machinery, offering advanced technology and quality equipment to enhance productivity in the agricultural and construction sectors. By continuously improving its products and providing excellent customer service, First Tractor Co Ltd strives to maintain a strong market position and satisfy the needs of its clients.

First Tractor Co Ltd is primarily active in the industries of agricultural machinery manufacturing and distribution.

The main competitors of First Tractor Co Ltd in the market include XXX and XXX. These companies operate in the same industry and compete with First Tractor Co Ltd in terms of manufacturing and supplying tractors and agricultural machinery. Despite facing competition, First Tractor Co Ltd remains a reputable player in the market, with its strong brand presence and commitment to providing quality products.

First Tractor Co Ltd is a renowned Chinese company specializing in the manufacturing and distribution of agricultural and construction machinery. Established in 1955, the company has a rich history and vast experience in the industry. First Tractor Co Ltd started as the first large-scale tractor manufacturer in China and has since grown into a leading player in the global market. With a commitment to innovation and quality, the company offers a wide range of products, including tractors, harvesters, loaders, and excavators. First Tractor Co Ltd has built a strong reputation for its reliable and efficient machinery, making it a preferred choice for customers worldwide.

First Tractor Co Ltd has achieved several significant milestones in its history. Established in 1955, the company has continuously expanded its product portfolio and market presence. Some notable achievements include the successful development and production of various agricultural machinery and construction equipment. First Tractor Co Ltd has also established strategic partnerships with global industry leaders, enabling it to leverage advanced technologies and enhance product quality. Additionally, the company has received recognition for its innovative solutions, contributing to its strong reputation and market competitiveness. With a focus on customer satisfaction and technological advancements, First Tractor Co Ltd has firmly positioned itself as a leading player in the agricultural and construction machinery sectors.

First Tractor Co Ltd represents a set of core values and a corporate philosophy focused on excellence and innovation. The company's main values include customer satisfaction, quality products, and continuous improvement. First Tractor Co Ltd is dedicated to delivering top-notch agricultural machinery and construction equipment that meets industry standards and exceeds customer expectations. With a customer-centric approach, they strive to provide reliable and technologically advanced solutions. Committed to sustainable development, First Tractor Co Ltd emphasizes environmental responsibility and social contribution. Through their commitment to excellence and progressive mindset, First Tractor Co Ltd has established itself as a reputable leader in the industry.

Analysts currently set an average price target of 21.42 CNY for the First Tractor Co stock (median: 21.42 CNY), implying +58.3 % versus the latest price. The consensus is based on 9 analyst ratings.

9 analysts currently rate the First Tractor Co stock: 8 recommend buying, 1 holding and 0 selling. For 2026, analysts expect First Tractor Co to generate revenue of 13.13 B CNY and earnings per share of 0.74 CNY.

Converted at the current exchange rate, the First Tractor Co share trades at 1.86 EUR (13.90 CNY).

The First Tractor Co share (601038.SS) is listed on 1 stock exchanges, including: Shanghai (601038.SS).

First Tractor Co Ltd is a Chinese company that has been on the market since 1955. The company is a significant producer of tractors, combine harvesters, and other agricultural machinery in China. Its business model is based on the production of agricultural machinery used in agriculture and horticulture. The company has various divisions, including the production of tractors, combine harvesters, rice threshing machines, and other equipment. Its product range includes a wide selection of agricultural machinery that meets the needs of farmers and gardeners. This includes tractors used for soil cultivation, sowing, crop cultivation, and goods transportation. The tractors are manufactured in different sizes and strengths to meet the buyers' needs. Another product division is combine harvesters used for harvesting grains, corn, and other crops. These machines utilize the latest technology to make the harvest more efficient and productive. First Tractor Co Ltd also produces other agricultural machinery such as rice threshing machines used for separating rice grains and straw from the rice harvest. These machines are capable of processing large quantities of rice in a short time. The company has also opened a new division for the construction of heavy-duty machinery such as bulldozers and excavators. First Tractor Co Ltd specializes in the production of agricultural machinery and relies on innovative technology and advanced developments to offer high-quality products to its customers. The company places great emphasis on customer satisfaction and provides comprehensive consultation and services to its customers. Customers can access a wide range of products and services that meet their agricultural needs. First Tractor Co Ltd is an economically successful company with a strong position in the Chinese market. The company is working intensively to strengthen its market position and expand its product range. It relies on close cooperation with its customers and partners and continuous research and development.

The expected revenue of First Tractor Co is 13.13 B CNY. This figure is based on current financial data and reflects the company's business performance.

The expected profit of First Tractor Co is 831.46 M CNY. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of First Tractor Co is currently 18.78. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the First Tractor Co stock.

The price-to-sales ratio (P/S) of First Tractor Co is currently 1.19. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the First Tractor Co stock.

The Eulerpool Quality Score for First Tractor Co is 3/10.

The ISIN of First Tractor Co is CNE100001JN7. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of First Tractor Co is 601038.SS. The ticker symbol is used to trade First Tractor Co shares on the stock exchange.

Fair ValueTerminal
11.54 CNY
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Machinery
Number of shares
Employees
Revenue per Employee
1.42 M CNY
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
Currency
CNY
Initial public offering
Jun 23, 1997
ISIN
CNE100001JN7
Cusip
Y25714117
Sedol
B89ZC61
Market capitalization
15.62 B CNYLarge Cap
52-Week Range
PEG
1.19
P/E ratio
P/Ee 2026
18.78
P/Ee 2027
13.37
P/Ee 2028
11.97
P/S
P/Se
1.19
EV/EBIT
28.56
P/B Ratio
2.04
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
7.57 %
Dividend
Dividend yield
2.65 %
Est. Dividend Yield
1.92 %
Payout Ratio
50.92 %
Dividend growth Ø5Y
17.95 %
Dividend payments per year
2
Dividend paid since
5 years
Dividend not reduced since
5 years
Dividend increased since
5 years
Dividend withholding tax
10.00 %
Last updated Nov 11, 2026, 3:11 PM

First Tractor Co Ticker

SHH · 601038.SS

First Tractor Co FIGI

601038:CH · BBG000F3KL34601038:CG · BBG002D6SVT7601038:C1 · BBG00709J860