First Tractor Company Limited operates within the Farm machinery and equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares First Tractor Company Limited with three other
manufacturers of agricultural equipment in Asia:
Jain Irrigation Systems Limited
sales of 61.17 billion Indian Rupees [US$935.93 million]
of which 63%
was Hi-tech Agri Input Products),
Iseki & Co Ltd
(193.61 billion Japanese Yen [US$1.73 billion]
of which 100%
was Agriculture Business), and
based in India
(41.13 billion Indian Rupees [US$629.24 million]
of which 80%
was Agri-Machinery Products).
During the year ended December of 2015, sales at
First Tractor Company Limited were 9.64 billion Chinese Renmimbi (US$1.40 billion).
increase of 7.2%
versus 2014, when the company's sales were 9.00 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2013, when First Tractor Company Limited
reported sales of 11.04 billion Chinese Renmimbi.
The sales level in 2015 was fairly close to the level five years ago: in 2010, First Tractor Company Limited had sales
of 10.13 billion Chinese Renmimbi.
Sales of Finance saw an increase
that was more than double the company's growth rate: sales were up
422.0% in 2015, from
72.76 million Chinese Renmimbi to 379.76 million Chinese Renmimbi.
First Tractor Company Limited also saw significant increases in sales in
Power Supply Machinery (up 33.3% to 2.34 billion Chinese Renmimbi)
Not all segments of First Tractor Company Limited experienced an increase in sales in 2015:
sales of Other Machinery fell 60.4% to 59.32 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
First Tractor Company Limited also experienced decreases in sales in
Agricultural Machinery (down 8.6% to 8.30 billion Chinese Renmimbi)