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First Tractor CoFIRRF 81 Equity-to-Asset is 0.51 as of Dec. 2025, which is 28% above its 10-year median of 0.40. GuruFocus rates FIRRF with a GF Score™ of 81/100 and a GF Value™ of $0.79. The stock has 7 warning signs investors should review. Among 212 Farm & Heavy Construction Machinery companies, First Tractor Co ranks better than 50% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. First Tractor Co's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $1,087.7 Mil. First Tractor Co's Total Assets for the quarter that ended in Dec. 2025 was $2,143.6 Mil.
Therefore, First Tractor Co's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.51.
The historical rank and industry rank for First Tractor Co's Equity-to-Asset or its related term are showing as below:
FIRRF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31 Med: 0.4 Max: 0.51
Current: 0.51
During the past 13 years, the highest Equity to Asset Ratio of First Tractor Co was 0.51. The lowest was 0.31. And the median was 0.40.
FIRRF's Equity-to-Asset is ranked better than 50% of 212
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.51
vs FIRRF: 0.51
First Tractor Co (OTCPK:FIRRF) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
First Tractor Co Equity-to-Asset Related Terms
First Tractor Co Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for First Tractor Co's Equity-to-Asset 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.
FIRRF vs CAT, DE, PCAR: Equity-to-Asset Comparison
For the Farm & Heavy Construction Machinery subindustry, First Tractor Co's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
First Tractor Co Equity-to-Asset vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, First Tractor Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where First Tractor Co's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
First Tractor Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (FIRRF) has a Equity-to-Asset of 0.51 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on First Tractor Co and its competitors. This is 28% above median its historical median of 0.40. Over the past decade, First Tractor Co's Equity-to-Asset has ranged from 0.31 to 0.51. According to the industry distribution chart, First Tractor Co ranks #106 out of 212 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 50%.
Is First Tractor Co's Equity-to-Asset too high?
First Tractor Co's current Equity-to-Asset of 0.51 is 28% above median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 0.51. The Farm & Heavy Construction Machinery industry median Equity-to-Asset is 0.51. First Tractor Co's value of 0.51 is 0% at this industry median. Based on the distribution chart, First Tractor Co ranks #106 out of 212 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, First Tractor Co has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does First Tractor Co's Equity-to-Asset compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, First Tractor Co ranks #106 out of 212 companies for Equity-to-Asset. This puts First Tractor Co in the upper half of its industry. The industry median Equity-to-Asset is 0.51. First Tractor Co's value of 0.51 is 0% at this benchmark. Historically, First Tractor Co's own Equity-to-Asset has ranged from 0.31 to 0.51 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.51, First Tractor Co has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Farm & Heavy Construction Machinery company?
The median Equity-to-Asset among Farm & Heavy Construction Machinery companies is 0.51, based on 212 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Tractor Co's current Equity-to-Asset of 0.51 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on First Tractor Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Tractor Co's current Equity-to-Asset is 0.51, which is 28% above median its own 10-year median of 0.40. 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 Equity-to-Asset of 0.51. The stock's GF Value™ is $0.79, compared to a current price of $0.95 — trading 19.8% above its estimated fair value. The current Equity-to-Asset is 0.51, which is 28% above median its 10-year median of 0.40 and 0% at the Farm & Heavy Construction Machinery industry median of 0.51. First Tractor Co's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For First Tractor Co (FIRRF), the current Equity-to-Asset is 0.51 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 overvalued.
The current stock price of $0.95 is trading 19.8% above its estimated GF Value™ of $0.79.
Key valuation signals for FIRRF:
Equity-to-Asset: 0.51 (28% above median its 10-year median of 0.40)
GF Value™: $0.79 vs. price of $0.95 (19.8% above fair value)
Industry Position: 0% at the Farm & Heavy Construction Machinery median (#106 of 212)
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 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.
81GF Score
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