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First Tractor Co (HKSE:00038) Market Cap : HK$10,326 Mil (As of May. 11, 2024)


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What is First Tractor Co Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). First Tractor Co's share price for the quarter that ended in Mar. 2024 was HK$6.1. First Tractor Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,124 Mil. Therefore, First Tractor Co's market cap for the quarter that ended in Mar. 2024 was HK$6,854 Mil.

First Tractor Co's quarterly market cap increased from Sep. 2023 (HK$4,483 Mil) to Dec. 2023 (HK$5,573 Mil) and increased from Dec. 2023 (HK$5,573 Mil) to Mar. 2024 (HK$6,854 Mil).

First Tractor Co's annual market cap declined from Dec. 2021 (HK$4,438 Mil) to Dec. 2022 (HK$4,146 Mil) but then increased from Dec. 2022 (HK$4,146 Mil) to Dec. 2023 (HK$5,573 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. First Tractor Co's Enterprise Value for Today is HK$8,548 Mil.


First Tractor Co Market Cap Historical Data

The historical data trend for First Tractor Co's Market Cap 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.

* Premium members only.

First Tractor Co Market Cap Chart

First Tractor Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,735.10 3,834.96 4,438.42 4,146.27 5,573.30

First Tractor Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap 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 4,483.36 4,157.51 4,483.36 5,573.30 6,854.27

Competitive Comparison of First Tractor Co's Market Cap

For the Farm & Heavy Construction Machinery subindustry, First Tractor Co's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, First Tractor Co's Market Cap distribution charts can be found below:

* The bar in red indicates where First Tractor Co's Market Cap falls into.



First Tractor Co Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

First Tractor Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=HK$4.96*1123.65
=HK$5,573

First Tractor Co's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=HK$6.1*1123.65
=HK$6,854

* 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  (HKSE:00038) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


First Tractor Co Market Cap Related Terms

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First Tractor Co (HKSE:00038) Business Description

Traded in Other Exchanges
Address
No. 154 Jianshe Road, Henan Province, Luoyang, CHN, 471004
First Tractor Co Ltd is a Chinese company engaged in the agricultural machinery manufacturing industry. Its business scope mainly includes manufacturing and selling agricultural machinery, diesel engines and fuel injections, other machinery, and an operating business of a finance company. It has four reporting divisions. The Agricultural Machinery division, which is the key revenue driver, is responsible for the production and sale of agricultural tractors, harvesters, and others. The power machinery division is mainly responsible for producing and selling diesel engines. The financial business is to handle the member units between the entrusted loans and investment, internal transfer settlement, absorption of member units deposits, and other business.

First Tractor Co (HKSE:00038) Headlines

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