Shandong Molong Petroleum Machinery Co Ltd Asset Resilience Ratio

Latest as of December 2022: 0.08%

Shandong Molong Petroleum Machinery Co Ltd asset resilience ratio. Shandong Molong Petroleum Machinery Co Ltd (002490) has an Asset Resilience Ratio of 0.08% as of December 2022. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See operational self-sufficiency of Shandong Molong Petroleum Machinery Co L to measure how many days the company can operate on defensive assets alone.

Liquid Assets

CN¥3.03 Million
≈ $443.28K USD Cash + Short-term Investments

Total Assets

CN¥4.04 Billion
≈ $590.97 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of Shandong Molong Petroleum Machinery Co Ltd (2008–2018)

Asset resilience ratio of Shandong Molong Petroleum Machinery Co Ltd from 2008 to 2018. This chart shows how Shandong Molong Petroleum Machinery Co Ltd's Asset Resilience Ratio has changed over time. Read Shandong Molong Petroleum Machinery Co L (002490) total liabilities for a breakdown of total debt and financial obligations.

Liquid Assets Composition Over Time

This chart breaks down Shandong Molong Petroleum Machinery Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see Shandong Molong Petroleum Machinery Co L (002490) total assets.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥3.03 Million 0.08%
Total Liquid Assets CN¥3.03 Million 0.08%

Asset Resilience Insights

  • Limited Liquidity: Shandong Molong Petroleum Machinery Co Ltd maintains only 0.08% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Shandong Molong Petroleum Machinery Co Ltd Industry Peers by Asset Resilience Ratio

Compare Shandong Molong Petroleum Machinery Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
China Oilfield Services Ltd Class A
SHG:601808
Oil & Gas Equipment & Services 3.48%
Fugro N.V.
AS:FUR
Oil & Gas Equipment & Services -1.45%
ProPetro Holding Corp
NYSE:PUMP
Oil & Gas Equipment & Services 0.00%
Oil Country Tubular Limited
NSE:OILCOUNTUB
Oil & Gas Equipment & Services 2.24%
Exmar NV
BR:EXM
Oil & Gas Equipment & Services 0.15%
Lupatech S.A
SA:LUPA3
Oil & Gas Equipment & Services 0.43%
OSX Brasil S.A
SA:OSXB3
Oil & Gas Equipment & Services 1.35%
CES Energy Solutions Corp
TO:CEU
Oil & Gas Equipment & Services 11.28%

Shandong Molong Petroleum Machinery Co Ltd Asset Resilience Ratio by Year (2008–2018)

Shandong Molong Petroleum Machinery Co Ltd asset resilience ratio by year from 2008 to 2018. The table below shows the annual Asset Resilience Ratio data for Shandong Molong Petroleum Machinery Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2018-12-31 1.59% CN¥104.90 Million
≈ $15.35 Million
CN¥6.61 Billion
≈ $966.89 Million
--
2016-12-31 0.00% CN¥0.00
≈ $0.00
CN¥5.77 Billion
≈ $844.63 Million
--
2008-12-31 1.49% CN¥49.65 Million
≈ $7.27 Million
CN¥3.34 Billion
≈ $488.08 Million
--
pp = percentage points

About Shandong Molong Petroleum Machinery Co Ltd

SHE:002490 China Oil & Gas Equipment & Services
Market Cap
$543.01 Million
CN¥3.71 Billion CNY
Market Cap Rank
#11441 Global
#3170 in China
Share Price
CN¥6.85
Change (1 day)
+4.58%
52-Week Range
CN¥6.20 - CN¥13.24
All Time High
CN¥13.24
About

Shandong Molong Petroleum Machinery Company Limited, together with its subsidiaries, engages in the design, research and development, production, and sale of products and services for the energy equipment industry in the People's Republic of China and internationally. It operates through Pipe Products; Oil sucker, sucker pump, sucker rod; Petroleum Machinery Parts; Casting and Forging; and Others… Read more