First Tractor Sets 2025 Dividend at 36.8% Payout Ratio

First Tractor Co ( (HK:0038) ) just unveiled an announcement.

First Tractor Company Limited has approved a 2025 profit distribution plan proposing a cash dividend of RMB0.19746 per share, based on the share capital at the record date. For 2025, net profit attributable to shareholders reached RMB811.95 million, with undistributed profit of RMB2.93 billion at year-end, supporting ongoing shareholder returns.

The total annual cash dividends, including an interim payout of RMB76.90 million, will amount to RMB298.78 million, representing 36.80% of net profit for 2025. The aggregate dividend pool will remain fixed even if the company’s share capital changes before the registration date, with only the per-share amount adjusted, signaling a stable and predictable distribution policy for investors pending annual general meeting approval.

The most recent analyst rating on (HK:0038) stock is a Buy with a HK$14.00 price target. To see the full list of analyst forecasts on First Tractor Co stock, see the HK:0038 Stock Forecast page.

More about First Tractor Co

First Tractor Company Limited operates in the agricultural machinery industry, focusing on the manufacture and sale of tractors and related equipment. The company serves domestic and international markets, positioning itself as a key supplier to the farming and rural mechanization sectors in China and abroad.

Average Trading Volume: 3,857,184

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$14.44B

For a thorough assessment of 0038 stock, go to TipRanks’ Stock Analysis page.