FIRRF (First Tractor Co) Construction In Progress: $46.1 Mil (As of Dec. 2025)


FIRRF First Tractor Co Ltd FIRRF
83 GF Score
Price $0.95
GF Value $1.03
! 7 Warning Signs
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What is First Tractor Co Construction In Progress?

First Tractor Co FIRRF 83 Construction In Progress is $46.1 Mil as of Dec. 2025. GuruFocus rates FIRRF with a GF Score™ of 83/100 and a GF Value™ of $1.03. The stock has 7 warning signs investors should review.

First Tractor Co's quarterly construction in progress increased from Jun. 2025 ($30.8 Mil) to Sep. 2025 ($34.6 Mil) and increased from Sep. 2025 ($34.6 Mil) to Dec. 2025 ($46.1 Mil).

First Tractor Co's annual construction in progress increased from Dec. 2023 ($19.6 Mil) to Dec. 2024 ($20.3 Mil) and increased from Dec. 2024 ($20.3 Mil) to Dec. 2025 ($46.1 Mil).

First Tractor Co Construction In Progress Historical Data

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The historical data trend for First Tractor Co's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

First Tractor Co Construction In Progress Chart

First Tractor Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.44 18.14 19.61 20.28 46.08

First Tractor Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.71 20.28 30.81 34.63 46.08
FIRRF
83GF Score
First Tractor Co Ltd FIRRF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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First Tractor Co Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $46.1 Mil mean?
First Tractor Co (FIRRF) has a Construction In Progress of $46.1 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on First Tractor Co and its competitors.
Is First Tractor Co's Construction In Progress too high?
First Tractor Co's current Construction In Progress is $46.1 Mil. Overall, First Tractor Co has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does First Tractor Co's Construction In Progress compare to CAT and DE?
First Tractor Co's Construction In Progress of $46.1 Mil can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Farm & Heavy Construction Machinery company?
A good Construction In Progress depends on the Farm & Heavy Construction Machinery industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on First Tractor Co and its competitors. First Tractor Co's current Construction In Progress is $46.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Tractor Co stock overvalued right now?
First Tractor Co (FIRRF) has a current Construction In Progress of $46.1 Mil. The stock's GF Value™ is $1.03, compared to a current price of $0.95 — trading 8.1% below its estimated fair value. The current Construction In Progress is $46.1 Mil. First Tractor Co's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For First Tractor Co (FIRRF), the current Construction In Progress is $46.1 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Tractor Co (FIRRF) Overvalued in 2026?

Based on GuruFocus' analysis, First Tractor Co stock appears to be undervalued. The current stock price of $0.95 is trading 8.1% below its estimated GF Value™ of $1.03.

Key valuation signals for FIRRF:

  • Construction In Progress: $46.1 Mil
  • GF Value™: $1.03 vs. price of $0.95 (8.1% below fair value)
  • GF Score™: 83/100 with 7 warning signs

No single metric tells the full story. See the FIRRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

First Tractor Co Business Description

Address No. 154 Jianshe Road, Henan Province, Luoyang, CHN, 471004
First Tractor Co Ltd is an agricultural machinery and equipment manufacturing service provider in China. The company focuses on the R&D and manufacturing of medium and largesized tractors and their core components, accelerating the product upgrades towards high-end, intelligent and green technologies. The company has two reportable segments: agricultural machinery segment and power machinery segment. The agricultural machinery segment is responsible for the production and sales of agricultural tractors and harvesters. The power machinery segment is mainly responsible for the production and sales of diesel engines. The majority of the company's revenue is derived from the Agricultural machinery segment.
83GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.95
Price
$1.03
GF Value