Home / 0038.HK : HKSE

AI Analysis Fundamentals Valuation Video Analysis Similar

AI Analysis

How does 0038.HK make money? Does 0038.HK have pricing power? What's the Earnings Whisper? Will 0038.HK profit more as the business scales? What is 0038.HK's management track record? Is 0038.HK's current price justified?

First Tractor Company Limited

HKD 9.24 +$0.84 (+10.00%)

HKSE · 15 Sep 2026 08:08 UTC

Previous Close

HKD 9.34

Day Range

HKD 9.13HKD 9.32

Year Range

HKD 6.33HKD 10.6

Market Cap

17.65B

AVG Volume

4.18M

Trailing/Forward PE

19.89/9.14

PEG ratio

0.85

Dividend Yield

1.81%

Next Earnings Date

2026-10-22

Primary Exchange

Hong Kong Stock Exchange

Revenue (CNY)

0038.HK Revenue (CNY) by year
Period	Revenue (CNY)
2025	10.81B
2024	11.9B
2023	12.13B
2022	14.65B
2021	11.2B
2020	8.52B
2019	6.62B
2018	6.79B
2017	8.51B
2016	10.38B

Net Income (CNY)

0038.HK Net Income (CNY) by year
Period	Net Income (CNY)
2025	814.57M
2024	922.02M
2023	997.02M
2022	550.83M
2021	333.78M
2020	243.09M
2019	56.95M
2018	-1.5B
2017	48.31M
2016	227.14M

Operating Income (CNY)

0038.HK Operating Income (CNY) by year
Period	Operating Income (CNY)
2025	794.43M
2024	1.05B
2023	1.19B
2022	1.16B
2021	589.1M
2020	-39.77M
2019	-178.13M
2018	-1.4B
2017	-106.34M
2016	360.67M

EBITDA (CNY)

0038.HK EBITDA (CNY) by year
Period	EBITDA (CNY)
2025	866.06M
2024	1.1B
2023	1.09B
2022	1.02B
2021	701.1M
2020	474.96M
2019	110.88M
2018	-627.89M
2017	866.93M
2016	550.33M

Cash Flows (CNY)

0038.HK Cash Flows (CNY) by year
Period	Cash Flows (CNY)
2025	859.59M
2024	1.1B
2023	989.27M
2022	21.56M
2021	491.28M
2020	1.17B
2019	81.62M
2018	-652.83M
2017	-849.47M
2016	1.88B

EPS (CNY)

0038.HK EPS (CNY) by year
Period	EPS (CNY)
2025	0.72
2024	0.81
2023	0.95
2022	0.49
2021	0.43
2020	0.3
2019	0.07
2018	-1.5
2017	0.06
2016	0.27

Expenses (CNY)

0038.HK Expenses (CNY) by year
Period	Expenses (CNY)
2025	1.23B
2024	1.13B
2023	765.63M
2022	1.41B
2021	1.32B
2020	920.05M
2019	1.36B
2018	1.99B
2017	1.95B
2016	1.96B

Cash & Debt (CNY)

0038.HK Cash & Debt (CNY) by year
Period	Cash & Debt (CNY)
2025	5.8B
2024	3.72B
2023	3.63B
2022	6.19B
2021	5.02B
2020	3.01B
2019	2.38B
2018	3.82B
2017	5.24B
2016	4.54B

Debt ratios

0038.HK Debt ratios by year
Period	Debt ratios
2025	-0.67
2024	-0.88
2023	-0.38
2022	-2.53
2021	-6.69
2020	-2.12
2019	-0.19
2018	-0.06

Margins

0038.HK Margins by year
Period	Margins
2025	14.9%
2024	14.83%
2023	15.89%
2022	16.31%
2021	16.47%
2020	16.75%
2019	14.95%
2018	7.09%
2017	17.07%
2016	19.6%

Return on Capital

0038.HK Return on Capital by year
Period	Return on Capital
2025	9.89%
2024	11.85%
2023	13.81%
2022	12.88%
2021	8.43%
2020	7.31%
2019	1.94%
2018	-52.75%
2017	1.24%
2016	6.12%

Shares Outstanding

0038.HK Shares Outstanding by year
Period	Shares Outstanding
2025	1.12B
2024	1.12B
2023	1.12B
2022	1.12B
2021	1.12B
2020	985.73M
2019	983.84M
2018	986.03M
2017	988.13M
2016	993.78M

Dividends (CNY)

0038.HK Dividends (CNY) by year
Period	Dividends (CNY)
2026	0.22
2025	0.4
2024	0.35
2023	0.26
2022	0.14
2021	0.09
2016	0.05
2015	0.06
2014	0.08
2013	0.11

Book Value Per Share (CNY)

0038.HK Book Value Per Share (CNY) by year
Period	Book Value Per Share (CNY)
2025	7.33
2024	6.92
2023	6.42
2022	3.81
2021	3.52
2020	3.37
2019	2.98
2018	2.88
2017	3.94
2016	3.74

Total Assets (CNY)

0038.HK Total Assets (CNY) by year
Period	Total Assets (CNY)
2025	15.1B
2024	14.69B
2023	13.82B
2022	12.99B
2021	11.76B
2020	12.34B
2019	11.63B
2018	13.14B
2017	14.1B
2016	13.21B

PE Ratio

0038.HK PE Ratio by year
Period	PE Ratio
Sep 26	10.66
Sep 26	10.71
Sep 26	10.96
Aug 26	10.71
Aug 26	9.8
Aug 26	9.45
Aug 26	9.6
Jul 26	10.17
Jul 26	10.35
Jul 26	8.78
Jul 26	8.34
Jul 26	8.27
Jun 26	7.65
Jun 26	8.14
Jun 26	8.87
Jun 26	9.65
May 26	9.84
May 26	9.57
May 26	10.23
May 26	10.72
Apr 26	11.06
Apr 26	10.71
Apr 26	9.85
Apr 26	10.52
Apr 26	10.06
Mar 26	10.69
Mar 26	10.53
Mar 26	11.92
Mar 26	11.88
Feb 26	12.03
Feb 26	11.84
Feb 26	11.91
Feb 26	10.83
Jan 26	11.22
Jan 26	10.83
Jan 26	10.25
Jan 26	10.72
Jan 26	10.39
Dec 25	11.09
Dec 25	11.58
Dec 25	11.66
Dec 25	9.62
Nov 25	9.56
Nov 25	9.35
Nov 25	10.29
Nov 25	10.15
Oct 25	10.26
Oct 25	10.2
Oct 25	9.26
Oct 25	9.41
Oct 25	9.39
Sep 25	8.44
Sep 25	8.69
Sep 25	9.27
Sep 25	8.77
Aug 25	9.01
Aug 25	8.79
Aug 25	8.85
Aug 25	8.62
Aug 25	8.6
Jul 25	9.27
Jul 25	8.79
Jul 25	8.57
Jul 25	8.29
Jun 25	7.73
Jun 25	7.86
Jun 25	7.75
Jun 25	7.68
May 25	7.25
May 25	7.18
May 25	7.34
May 25	7.35
May 25	7.08
Apr 25	6.62
Apr 25	6.48
Apr 25	6.91
Apr 25	6.88
Mar 25	6.59
Mar 25	7.07
Mar 25	7.11
Mar 25	6.94
Feb 25	6.78
Feb 25	6.77
Feb 25	6.95
Feb 25	7.32
Jan 25	7.49
Jan 25	7.43
Jan 25	7.47
Jan 25	7.17
Jan 25	7.46
Dec 24	6.67
Dec 24	6.69
Dec 24	7
Dec 24	6.99
Nov 24	6.59
Nov 24	6.45
Nov 24	6.05
Nov 24	6.14
Nov 24	6.23
Oct 24	6.9

Free Cash Flow Yield

0038.HK Free Cash Flow Yield by year
Period	Free Cash Flow Yield
Sep 26	12%
Sep 26	11.93%
Sep 26	11.67%
Aug 26	11.94%
Aug 26	13.05%
Aug 26	13.53%
Aug 26	13.32%
Jul 26	12.57%
Jul 26	12.35%
Jul 26	14.55%
Jul 26	15.34%
Jul 26	15.47%
Jun 26	13.79%
Jun 26	12.97%
Jun 26	11.9%
Jun 26	10.94%
May 26	10.73%
May 26	11.03%
May 26	10.31%
May 26	9.84%
Apr 26	9.54%
Apr 26	9.85%
Apr 26	10.72%
Apr 26	10.03%
Apr 26	10.49%
Mar 26	5.61%
Mar 26	5.7%
Mar 26	5.03%
Mar 26	5.05%
Feb 26	4.98%
Feb 26	5.07%
Feb 26	5.04%
Feb 26	5.54%
Jan 26	5.35%
Jan 26	5.54%
Jan 26	5.85%
Jan 26	5.6%
Jan 26	5.77%
Dec 25	6.98%
Dec 25	6.68%
Dec 25	6.63%
Dec 25	8.04%
Nov 25	8.09%
Nov 25	8.28%
Nov 25	7.52%
Nov 25	7.62%
Oct 25	7.55%
Oct 25	7.59%
Oct 25	8.35%
Oct 25	8.22%
Oct 25	8.24%
Sep 25	13.14%
Sep 25	12.76%
Sep 25	11.95%
Sep 25	12.64%
Aug 25	12.31%
Aug 25	12.61%
Aug 25	12.53%
Aug 25	12.87%
Aug 25	12.89%
Jul 25	11.96%
Jul 25	12.61%
Jul 25	12.93%
Jul 25	13.37%
Jun 25	15.5%
Jun 25	15.24%
Jun 25	15.45%
Jun 25	15.59%
May 25	16.51%
May 25	16.67%
May 25	16.31%
May 25	16.3%
May 25	16.92%
Apr 25	18.1%
Apr 25	18.49%
Apr 25	17.33%
Apr 25	17.41%
Mar 25	17.78%
Mar 25	16.58%
Mar 25	16.48%
Mar 25	16.88%
Feb 25	17.27%
Feb 25	17.3%
Feb 25	16.86%
Feb 25	16.01%
Jan 25	15.65%
Jan 25	15.76%
Jan 25	15.68%
Jan 25	16.35%
Jan 25	15.69%
Dec 24	11.65%
Dec 24	11.61%
Dec 24	11.1%
Dec 24	11.12%
Nov 24	11.8%
Nov 24	12.05%
Nov 24	12.83%
Nov 24	12.66%
Nov 24	12.47%
Oct 24	11.25%

Price to Sales

0038.HK Price to Sales by year
Period	Price to Sales
Sep 26	0.83
Sep 26	0.83
Sep 26	0.85
Aug 26	0.83
Aug 26	0.76
Aug 26	0.73
Aug 26	0.74
Jul 26	0.79
Jul 26	0.8
Jul 26	0.68
Jul 26	0.65
Jul 26	0.64
Jun 26	0.58
Jun 26	0.61
Jun 26	0.67
Jun 26	0.73
May 26	0.74
May 26	0.72
May 26	0.77
May 26	0.81
Apr 26	0.83
Apr 26	0.81
Apr 26	0.74
Apr 26	0.79
Apr 26	0.76
Mar 26	0.8
Mar 26	0.79
Mar 26	0.89
Mar 26	0.89
Feb 26	0.9
Feb 26	0.89
Feb 26	0.89
Feb 26	0.81
Jan 26	0.84
Jan 26	0.81
Jan 26	0.77
Jan 26	0.8
Jan 26	0.78
Dec 25	0.79
Dec 25	0.83
Dec 25	0.83
Dec 25	0.69
Nov 25	0.68
Nov 25	0.67
Nov 25	0.73
Nov 25	0.72
Oct 25	0.73
Oct 25	0.73
Oct 25	0.66
Oct 25	0.67
Oct 25	0.67
Sep 25	0.61
Sep 25	0.63
Sep 25	0.67
Sep 25	0.63
Aug 25	0.65
Aug 25	0.63
Aug 25	0.64
Aug 25	0.62
Aug 25	0.62
Jul 25	0.67
Jul 25	0.63
Jul 25	0.62
Jul 25	0.6
Jun 25	0.6
Jun 25	0.61
Jun 25	0.6
Jun 25	0.59
May 25	0.56
May 25	0.56
May 25	0.57
May 25	0.57
May 25	0.55
Apr 25	0.51
Apr 25	0.5
Apr 25	0.54
Apr 25	0.53
Mar 25	0.56
Mar 25	0.6
Mar 25	0.6
Mar 25	0.59
Feb 25	0.57
Feb 25	0.57
Feb 25	0.59
Feb 25	0.62
Jan 25	0.63
Jan 25	0.63
Jan 25	0.63
Jan 25	0.6
Jan 25	0.63
Dec 24	0.63
Dec 24	0.64
Dec 24	0.66
Dec 24	0.66
Nov 24	0.63
Nov 24	0.61
Nov 24	0.58
Nov 24	0.58
Nov 24	0.59
Oct 24	0.66

EV/EBITDA

0038.HK EV/EBITDA by year
Period	EV/EBITDA
Sep 26	9.56
Sep 26	9.61
Sep 26	9.85
Aug 26	9.61
Aug 26	8.74
Aug 26	8.41
Aug 26	8.56
Jul 26	9.1
Jul 26	9.27
Jul 26	7.78
Jul 26	7.35
Jul 26	7.29
Jun 26	4.03
Jun 26	4.49
Jun 26	5.18
Jun 26	5.91
May 26	6.09
May 26	5.84
May 26	6.46
May 26	6.92
Apr 26	7.24
Apr 26	6.91
Apr 26	6.1
Apr 26	6.73
Apr 26	6.3
Mar 26	10.37
Mar 26	10.22
Mar 26	11.51
Mar 26	11.47
Feb 26	11.61
Feb 26	11.43
Feb 26	11.5
Feb 26	10.5
Jan 26	10.86
Jan 26	10.5
Jan 26	9.96
Jan 26	10.39
Jan 26	10.09
Dec 25	3.61
Dec 25	4.04
Dec 25	4.11
Dec 25	2.32
Nov 25	2.27
Nov 25	2.08
Nov 25	2.91
Nov 25	2.78
Oct 25	2.87
Oct 25	2.82
Oct 25	2
Oct 25	2.13
Oct 25	2.12
Sep 25	2.71
Sep 25	2.92
Sep 25	3.41
Sep 25	2.99
Aug 25	3.19
Aug 25	3.01
Aug 25	3.05
Aug 25	2.86
Aug 25	2.85
Jul 25	3.41
Jul 25	3.01
Jul 25	2.82
Jul 25	2.59
Jun 25	3.38
Jun 25	3.49
Jun 25	3.4
Jun 25	3.34
May 25	2.98
May 25	2.92
May 25	3.06
May 25	3.06
May 25	2.83
Apr 25	2.45
Apr 25	2.33
Apr 25	2.69
Apr 25	2.67
Mar 25	2.01
Mar 25	2.44
Mar 25	2.47
Mar 25	2.32
Feb 25	2.18
Feb 25	2.17
Feb 25	2.33
Feb 25	2.66
Jan 25	2.81
Jan 25	2.76
Jan 25	2.8
Jan 25	2.52
Jan 25	2.79
Dec 24	5.24
Dec 24	5.26
Dec 24	5.54
Dec 24	5.53
Nov 24	5.16
Nov 24	5.03
Nov 24	4.66
Nov 24	4.74
Nov 24	4.82
Oct 24	5.46

Price/Operating Cashflow

0038.HK Price/Operating Cashflow by year
Period	Price/Operating Cashflow
Sep 26	7.06
Sep 26	7.1
Sep 26	7.26
Aug 26	7.09
Aug 26	6.49
Aug 26	6.26
Aug 26	6.36
Jul 26	6.74
Jul 26	6.86
Jul 26	5.82
Jul 26	5.52
Jul 26	5.48
Jun 26	5.93
Jun 26	6.3
Jun 26	6.87
Jun 26	7.47
May 26	7.62
May 26	7.41
May 26	7.93
May 26	8.31
Apr 26	8.57
Apr 26	8.3
Apr 26	7.63
Apr 26	8.15
Apr 26	7.79
Mar 26	14.78
Mar 26	14.56
Mar 26	16.48
Mar 26	16.43
Feb 26	16.64
Feb 26	16.37
Feb 26	16.47
Feb 26	14.98
Jan 26	15.51
Jan 26	14.97
Jan 26	14.17
Jan 26	14.82
Jan 26	14.37
Dec 25	12.48
Dec 25	13.03
Dec 25	13.12
Dec 25	10.83
Nov 25	10.76
Nov 25	10.52
Nov 25	11.58
Nov 25	11.42
Oct 25	11.54
Oct 25	11.47
Oct 25	10.42
Oct 25	10.59
Oct 25	10.57
Sep 25	6.81
Sep 25	7.01
Sep 25	7.48
Sep 25	7.08
Aug 25	7.27
Aug 25	7.09
Aug 25	7.14
Aug 25	6.95
Aug 25	6.94
Jul 25	7.48
Jul 25	7.09
Jul 25	6.92
Jul 25	6.69
Jun 25	5.86
Jun 25	5.96
Jun 25	5.87
Jun 25	5.82
May 25	5.5
May 25	5.45
May 25	5.57
May 25	5.57
May 25	5.37
Apr 25	5.02
Apr 25	4.91
Apr 25	5.24
Apr 25	5.22
Mar 25	5.13
Mar 25	5.5
Mar 25	5.54
Mar 25	5.4
Feb 25	5.28
Feb 25	5.27
Feb 25	5.41
Feb 25	5.7
Jan 25	5.83
Jan 25	5.79
Jan 25	5.82
Jan 25	5.58
Jan 25	5.81
Dec 24	7.54
Dec 24	7.56
Dec 24	7.9
Dec 24	7.89
Nov 24	7.44
Nov 24	7.29
Nov 24	6.84
Nov 24	6.93
Nov 24	7.03
Oct 24	7.8

Price to Book

0038.HK Price to Book by year
Period	Price to Book
Sep 26	1.02
Sep 26	1.03
Sep 26	1.05
Aug 26	1.03
Aug 26	0.94
Aug 26	0.91
Aug 26	0.92
Jul 26	0.98
Jul 26	0.99
Jul 26	0.84
Jul 26	0.8
Jul 26	0.79
Jun 26	0.76
Jun 26	0.8
Jun 26	0.88
Jun 26	0.95
May 26	0.97
May 26	0.95
May 26	1.01
May 26	1.06
Apr 26	1.09
Apr 26	1.06
Apr 26	0.97
Apr 26	1.04
Apr 26	0.99
Mar 26	1.03
Mar 26	1.02
Mar 26	1.15
Mar 26	1.15
Feb 26	1.16
Feb 26	1.15
Feb 26	1.15
Feb 26	1.05
Jan 26	1.09
Jan 26	1.05
Jan 26	0.99
Jan 26	1.04
Jan 26	1.01
Dec 25	1.05
Dec 25	1.1
Dec 25	1.11
Dec 25	0.91
Nov 25	0.91
Nov 25	0.89
Nov 25	0.98
Nov 25	0.96
Oct 25	0.97
Oct 25	0.97
Oct 25	0.88
Oct 25	0.89
Oct 25	0.89
Sep 25	0.86
Sep 25	0.89
Sep 25	0.95
Sep 25	0.9
Aug 25	0.92
Aug 25	0.9
Aug 25	0.91
Aug 25	0.88
Aug 25	0.88
Jul 25	0.95
Jul 25	0.9
Jul 25	0.88
Jul 25	0.85
Jun 25	0.92
Jun 25	0.93
Jun 25	0.92
Jun 25	0.91
May 25	0.86
May 25	0.85
May 25	0.87
May 25	0.87
May 25	0.84
Apr 25	0.78
Apr 25	0.77
Apr 25	0.82
Apr 25	0.82
Mar 25	0.84
Mar 25	0.9
Mar 25	0.9
Mar 25	0.88
Feb 25	0.86
Feb 25	0.86
Feb 25	0.88
Feb 25	0.93
Jan 25	0.95
Jan 25	0.94
Jan 25	0.95
Jan 25	0.91
Jan 25	0.95
Dec 24	0.99
Dec 24	0.99
Dec 24	1.03
Dec 24	1.03
Nov 24	0.97
Nov 24	0.95
Nov 24	0.89
Nov 24	0.91
Nov 24	0.92
Oct 24	1.02

No video analysis for this stock yet. Request one from our team.

AI Analysis

First Tractor Company Limited

Video analysis: 0038.HK

Similar companies