First Tractor Co Stock

First Tractor Co Interest Expense

The Interest Expense of First Tractor Co (601038.SS) as of Aug 5, 2026 is 249.94 M CNY. In the previous year, Interest Expense was 225.89 M CNY — a change of 10.65% (higher).

Interest Expense

249.94 MCNY

YoY

10.65%

Last updated:

Interest Expense of First Tractor Co is 2026 249.94 M CNY. Interest Expense of First Tractor Co was 2025 225.89 M CNY. It decreases by 10.65% higher compared to the previous year.
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First Tractor Co Stock analysis

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 is one of the most popular companies on Eulerpool.

Frequently Asked Questions about First Tractor Co stock

Interest Expense of First Tractor Co is 249.94 M CNY in 2026.

Interest Expense of First Tractor Co changed from 225.89 M CNY to 249.94 M CNY, representing a 10.65% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Expense First Tractor Co since 2006 – with annual values, charts, and detailed analysis.

Interest expense represents the cost of borrowing. Higher interest expenses can indicate a highly leveraged company.

Interest Expense's CNY is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Interest Expense's First Tractor Co historically and in real time.

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Income Statement — First Tractor Co

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