Shandong Molong Petroleum Machinery Company Limited (PXI) - Net Assets

Latest as of June 2025: €504.15 Million EUR ≈ $589.40 Million USD

Based on the latest financial reports, Shandong Molong Petroleum Machinery Company Limited (PXI) has net assets worth €504.15 Million EUR (≈ $589.40 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.33 Billion ≈ $2.72 Billion USD) and total liabilities (€1.82 Billion ≈ $2.13 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Shandong Molong Petroleum Machinery Comp liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets €504.15 Million
% of Total Assets 21.67%
Annual Growth Rate -14.44%
5-Year Change -72.7%
10-Year Change -80.62%
Growth Volatility 26.39

Shandong Molong Petroleum Machinery Company Limited - Net Assets Trend (2013–2024)

This chart illustrates how Shandong Molong Petroleum Machinery Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore Shandong Molong Petroleum Machinery Comp assets under control for the complete picture of this company's asset base.

Annual Net Assets for Shandong Molong Petroleum Machinery Company Limited (2013–2024)

The table below shows the annual net assets of Shandong Molong Petroleum Machinery Company Limited from 2013 to 2024. For live valuation and market cap data, see Shandong Molong Petroleum Machinery Comp (PXI) total market value.

Year Net Assets Change
2024-12-31 €491.89 Million
≈ $575.08 Million
+46.96%
2023-12-31 €334.70 Million
≈ $391.30 Million
-63.23%
2022-12-31 €910.35 Million
≈ $1.06 Billion
-33.05%
2021-12-31 €1.36 Billion
≈ $1.59 Billion
-24.52%
2020-12-31 €1.80 Billion
≈ $2.11 Billion
+0.70%
2019-12-31 €1.79 Billion
≈ $2.09 Billion
-11.18%
2018-12-31 €2.01 Billion
≈ $2.35 Billion
+4.29%
2017-12-31 €1.93 Billion
≈ $2.26 Billion
+2.42%
2016-12-31 €1.89 Billion
≈ $2.20 Billion
-25.71%
2015-12-31 €2.54 Billion
≈ $2.97 Billion
-7.71%
2014-12-31 €2.75 Billion
≈ $3.22 Billion
+0.52%
2013-12-31 €2.74 Billion
≈ $3.20 Billion
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Equity Component Analysis

This analysis shows how different components contribute to Shandong Molong Petroleum Machinery Company Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 243.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components €1.96 Billion 398.53%
Total Equity €492.27 Million 100.00%

Shandong Molong Petroleum Machinery Company Limited Competitors by Market Cap

The table below lists competitors of Shandong Molong Petroleum Machinery Company Limited ranked by their market capitalization.

Company Market Cap
Taiwan Tea Corp
TW:2913
$280.00 Million
Clearview Wealth Ltd
AU:CVW
$280.02 Million
Jade Biosciences, Inc.
NASDAQ:JBIO
$280.13 Million
Mount Gibson Iron Limited
F:FWQ
$280.21 Million
Tigaraksa Satria Tbk
JK:TGKA
$279.86 Million
Kendrion NV
AS:KENDR
$279.76 Million
Grindrod Shipping Holdings Ltd
NASDAQ:GRIN
$279.54 Million
EuroHold Bulgaria AD
WAR:EHG
$279.52 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shandong Molong Petroleum Machinery Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 424,013,364 to 492,269,498, a change of 68,256,134 (16.1%).
  • Net loss of 43,699,833 reduced equity.
  • Dividend payments of 90,612,774 reduced retained earnings.
  • New share issuances of 100,000 increased equity.
  • Other factors increased equity by 202,468,741.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €-43.70 Million -8.88%
Dividends Paid €90.61 Million -18.41%
Share Issuances €100.00K +0.02%
Other Changes €202.47 Million +41.13%
Total Change €- 16.10%

Book Value vs Market Value Analysis

This analysis compares Shandong Molong Petroleum Machinery Company Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.52x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.40x to 1.52x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 €2.34 €0.94 x
2018-12-31 €2.44 €0.94 x
2019-12-31 €2.19 €0.94 x
2020-12-31 €2.23 €0.94 x
2021-12-31 €1.77 €0.94 x
2022-12-31 €1.24 €0.94 x
2023-12-31 €0.53 €0.94 x
2024-12-31 €0.62 €0.94 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shandong Molong Petroleum Machinery Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -8.88%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -3.22%
  • • Asset Turnover: 0.56x
  • • Equity Multiplier: 4.92x
  • Recent ROE (-8.88%) is above the historical average (-22.03%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 -6.57% -7.73% 0.39x 2.17x €-443.13 Million
2014 0.75% 0.80% 0.42x 2.24x €-249.20 Million
2015 -10.67% -16.08% 0.28x 2.40x €-502.88 Million
2016 -33.67% -40.00% 0.27x 3.17x €-794.38 Million
2017 2.03% 1.28% 0.48x 3.33x €-148.92 Million
2018 4.76% 2.08% 0.67x 3.40x €-101.93 Million
2019 -11.23% -4.47% 0.77x 3.28x €-371.06 Million
2020 1.81% 1.07% 0.58x 2.91x €-145.90 Million
2021 -26.04% -9.85% 0.84x 3.15x €-509.34 Million
2022 -43.01% -15.37% 0.68x 4.09x €-523.77 Million
2023 -133.69% -43.03% 0.46x 6.81x €-609.26 Million
2024 -8.88% -3.22% 0.56x 4.92x €-92.93 Million

Industry Comparison

This section compares Shandong Molong Petroleum Machinery Company Limited's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.

Industry Context

  • Industry: Oil & Gas Equipment & Services
  • Average net assets among peers: $6,558,857,950
  • Average return on equity (ROE) among peers: 10.10%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shandong Molong Petroleum Machinery Company Limited (PXI) €504.15 Million -6.57% 3.62x $279.98 Million
Petrolia SE (0PE) $39.29 Million -3.04% 0.76x $23.14 Million
TechnipFMC PLC (1T1) $3.14 Billion 26.86% 2.14x $24.89 Billion
Honghua Group Limited (4HB) $4.08 Billion -14.93% 1.76x $209.96 Million
Anton Oilfield Services Group (5AO) $3.42 Billion 5.74% 1.87x $306.54 Million
HILONG HOLDING LTD HD-10 (8HL) $3.04 Billion 1.45% 1.32x $43.26 Million
GAZTR.TECHNI.U.ADR1/5EO01 (9TG0) $336.34 Million 59.87% 0.83x $7.76 Billion
China Oilfield Services Limited (CO9) $37.26 Billion 18.02% 1.13x $2.14 Billion
CIMC Enric Holdings Limited (E8F) $6.47 Billion 8.03% 0.90x $2.49 Billion
Shengli Oil & Gas Pipe Holdings Limited (GSG) $1.24 Billion -11.15% 0.94x $29.44 Million

About Shandong Molong Petroleum Machinery Company Limited

F:PXI Germany Oil & Gas Equipment & Services
Market Cap
$279.98 Million
€239.48 Million EUR
Market Cap Rank
#15245 Global
#1478 in Germany
Share Price
€0.94
Change (1 day)
+2.19%
52-Week Range
€0.19 - €1.50
All Time High
€1.50
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