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First Tractor Company Limited (China)

Main Activities: Agriculture, Construction, and Mining Machinery Manufacturing | Engine, Turbine, and Power Transmission Equipment Manufacturing | Other General Purpose Machinery Manufacturing
Full name: First Tractor Company Limited Profile Updated: October 27, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

This company was incorporated on May 8th, 1997, after the restructuring of the tractors division under Yituo (YTO) Group. In 2007, the company was listed in the Hong Kong Stock Exchange, currently with an outstanding H-share number of 401.99 million in the market. The company primarily focused on the manufacturing and sales of tractors for agricultural sectors, claiming to be one of the biggest tractor manufacturing companies in China (in terms of production scale). The signature brand of the company, “Dongfanghong”, is named “Famous Brand” in China. Recently the company has been focused on the development of the high-power tractors, releasing a 380 horsepower high-power tractor to the public in 2009. The company is also focused on the development of diesel engines, one of the key components for its tractor products. Currently the company’s 55+ horsepower diesel engines (for tractors and self-propelled harvesters) is a market leading product in China.

Headquarters
No. 154, Jianshe Road, Luoyang City, Henan Province
Luoyang; Henan; Postal Code: 471004

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Website: http://www.first-tractor.com.cn

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
May 08, 1997
Key Executives
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Chairman
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Chief Financial Officer
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Vice Managing Director
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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44.57%
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34.61%
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0.55%
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0.13%
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0.11%
Subsidiaries
Luoyang Changhong High Technology Trading Company Limited
100%
Luoyang Changhong Trading Co., Ltd
100%
Yto (Luoyang) Drive Axle Co., Ltd
100%
Company Performance
Financial values in the chart are available after First Tractor Company Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
4.73%
Total operating revenue
4.76%
Operating profit (EBIT)
12.8%
Net Profit (Loss) for the Period
2.1%
Total assets
7.17%
Total equity
8.7%
Operating Profit Margin (ROS)
0.87%
Net Profit Margin
-0.26%
Return on Equity (ROE)
-0.9%
Debt to Equity Ratio
-4.31%
Quick Ratio
-0.01%
Cash Ratio
-0.16%

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