First Tractor Company Limited (FIRRY) Stock

About First Tractor Company Limited

Established in 1955 and headquartered in Luoyang, China, First Tractor Company Limited operates globally, focusing on the development, production, and distribution of agricultural and power equipment, along with their associated components. The company's operations are segmented into three main divisions: Agricultural Machinery, Power Machinery, and Finance. Its product portfolio encompasses both wheeled and crawler tractors, as well as essential tractor parts like castings, forgings, gears, gearboxes, and various covers. Furthermore, it manufactures off-road diesel engines and related accessories such as fuel injection pumps and injectors. Beyond its manufacturing core, the company also provides fund settlement services and a broad spectrum of financial provisions. This includes the processing and sale of various casting and forging products, from raw to finished states. Additionally, First Tractor Company offers diverse financial solutions to its member companies, including loans, finance leases, bill acceptance and discounting, entrusted loans, and strategic investments. It also engages in approved equity and portfolio investments in financial institutions, alongside offering consumer and buyer's credit, finance leases for member company products, and inter-bank lending activities. The company was previously known as First Tractor Works of China.

First Tractor Company Limited is headquartered in CN.

First Tractor Company Limited (FIRRY) stock trades at $9.50 with a market capitalization of $1.07B. The stock is valued at a price-to-earnings (P/E) ratio of 18.63, price-to-book of 1.91, price-to-sales of 1.21. Over the past 52 weeks the stock has ranged between $9.50 and $12.35, and currently trades 23.1% below its 52-week high. It pays a dividend yielding 6.00%.

On profitability, First Tractor Company Limited generates a return on equity (ROE) of 10.76%, return on capital employed of 7.44%, an operating margin of 6.58%, a net profit margin of 7.73%.

Official website: www.first-tractor.com.cn