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First Tractor Company Limited, engages in the production, manufacture, and sale of agricultural machinery and power machinery. It offers medium and large-sized wheeled and crawler tractors; transmission series tractors; power shuttle series tractors; shift series tractors; autonomous tractors; and hybrid power tractors. The company also provides off-road diesel engines, such as tractors and harvesters, engineering machinery, ships, generator sets, and others; and component products, such as castings and forgings, gear transmission components, covers, offroad axles, transmissions, and cabs/coverings of agricultural machinery products. First Tractor Company Limited was founded in 1955 and is based in Luoyang, China.

	2021	2022	2023	2024	2025	TTM
Revenue
Total revenue	9,333.8	12,563.8	10,487.8	11,904.4	10,822.6	11,708
COGS	7,735.2	10,497.1	8,845.2	10,145.2	9,183.2	9,921.3
Gross Profit	1,598.6	1,958.4	1,642.6	1,759.1	1,602.6	1,786.5
Operating Expenses & Income
Operating Income	426.9	588	905.9	1,046.3	918.2	694.1
Total Operating Expenses	1,113.8	1,457.8	736.7	712.8	684.3	1,092.5
R&D Expenses	415.4	598.4	419.5	516.4	508.9	420.4
Selling General & Admin Expenses	50.54	57.43	53.11	354.7	8.998634	232.2
Earnings from Continuing Operations
Interest Expense	(49.97)	(33.32)	(24.72)	(5.764579)	(12.74)	(13.5)
Interest Income	2.450079	27.39	138.7	44.92	19.75	-
Income Tax Expense	26.95	(30.06)	12.78	120.8	76.44	55.14
Net Income
Net Income	433.3	681.1	906.6	922	812	821.8
Supplemental
EBIT	340	771.1	936.8	834.8	605.6	640
EBITDA	679	1,096.6	1,223.8	1,124.8	881.5	958.1

First Tractor Co Ltd