FIRRF (First Tractor Co) Retained Earnings: $430.2 Mil (As of Dec. 2025)


FIRRF First Tractor Co Ltd FIRRF
83 GF Score
Price $0.95
GF Value $0.95
! 7 Warning Signs
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What is First Tractor Co Retained Earnings?

First Tractor Co FIRRF 83 Retained Earnings is $430.2 Mil as of Dec. 2025. GuruFocus rates FIRRF with a GF Score™ of 83/100 and a GF Value™ of $0.95. The stock has 7 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. First Tractor Co's retained earnings for the quarter that ended in Dec. 2025 was $430.2 Mil.

First Tractor Co's quarterly retained earnings increased from Jun. 2025 ($435.7 Mil) to Sep. 2025 ($460.1 Mil) but then declined from Sep. 2025 ($460.1 Mil) to Dec. 2025 ($430.2 Mil).

First Tractor Co's annual retained earnings increased from Dec. 2023 ($310.7 Mil) to Dec. 2024 ($370.3 Mil) and increased from Dec. 2024 ($370.3 Mil) to Dec. 2025 ($430.2 Mil).


First Tractor Co  (OTCPK:FIRRF) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


First Tractor Co Retained Earnings Historical Data

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The historical data trend for First Tractor Co's Retained Earnings 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 Retained Earnings Chart

First Tractor Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 170.52 220.93 310.74 370.29 430.16

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
Retained Earnings 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 418.21 370.29 435.70 460.09 430.16
FIRRF
83GF Score
First Tractor Co Ltd FIRRF
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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First Tractor Co Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $430.2 Mil mean?
First Tractor Co (FIRRF) has a Retained Earnings of $430.2 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on First Tractor Co and its competitors.
Is First Tractor Co's Retained Earnings too high?
First Tractor Co's current Retained Earnings is $430.2 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 Retained Earnings compare to CAT and DE?
First Tractor Co's Retained Earnings of $430.2 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 Retained Earnings for a Farm & Heavy Construction Machinery company?
A good Retained Earnings depends on the Farm & Heavy Construction Machinery industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on First Tractor Co and its competitors. First Tractor Co's current Retained Earnings is $430.2 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 Retained Earnings of $430.2 Mil. The stock's GF Value™ is $0.95, compared to a current price of $0.95 — trading 0.4% below its estimated fair value. The current Retained Earnings is $430.2 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 Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For First Tractor Co (FIRRF), the current Retained Earnings is $430.2 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 0.4% below its estimated GF Value™ of $0.95.

Key valuation signals for FIRRF:

  • Retained Earnings: $430.2 Mil
  • GF Value™: $0.95 vs. price of $0.95 (0.4% 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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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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