Shandong Molong Petroleum Machinery Company Limited
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
Shandong Molong Petroleum Machinery Company Limited (SHANY) - Net Assets
Latest net assets as of June 2025: $504.15 Million USD
Based on the latest financial reports, Shandong Molong Petroleum Machinery Company Limited (SHANY) has net assets worth $504.15 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) and total liabilities ($1.82 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $504.15 Million |
| % of Total Assets | 21.67% |
| Annual Growth Rate | -27.71% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 40.42 |
Shandong Molong Petroleum Machinery Company Limited - Net Assets Trend (2020–2024)
This chart illustrates how Shandong Molong Petroleum Machinery Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shandong Molong Petroleum Machinery Company Limited (2020–2024)
The table below shows the annual net assets of Shandong Molong Petroleum Machinery Company Limited from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $491.89 Million | +46.96% |
| 2023-12-31 | $334.70 Million | -63.23% |
| 2022-12-31 | $910.35 Million | -33.05% |
| 2021-12-31 | $1.36 Billion | -24.52% |
| 2020-12-31 | $1.80 Billion | -- |
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 140354883792.0% 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 |
|---|---|
|
K.P. Energy Limited
NSE:KPEL
|
$99.75 Million |
|
PROQR THERAPEUTICS EO-04
F:0PQ
|
$99.77 Million |
|
Impact Develop
RO:IMP
|
$99.80 Million |
|
Aftermath Silver Ltd
OTCQX:AAGFF
|
$99.81 Million |
|
Zhuhai Sailong Pharmaceutical Co Ltd
SHE:002898
|
$99.73 Million |
|
Orthocell Ltd
AU:OCC
|
$99.69 Million |
|
Syscom Computer Engineering Co
TW:2453
|
$99.66 Million |
|
MicroPort CardioFlow Medtech Corporation
PINK:MROPF
|
$99.66 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: 4.05x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.12x to 4.05x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $2.23 | $2.50 | x |
| 2021-12-31 | $1.77 | $2.50 | x |
| 2022-12-31 | $1.24 | $2.50 | x |
| 2023-12-31 | $0.53 | $2.50 | x |
| 2024-12-31 | $0.62 | $2.50 | 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 (-41.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 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: $5,464,315,253
- Average return on equity (ROE) among peers: -34.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Molong Petroleum Machinery Company Limited (SHANY) | $504.15 Million | 1.81% | 3.62x | $99.73 Million |
| ProFrac Holding Corp. (ACDC) | $1.33 Billion | -7.35% | 1.31x | $222.04 Million |
| Atlas Energy Solutions Inc. (AESI) | $867.82 Million | 18.44% | 0.45x | $1.34 Billion |
| Akastor ASA (AKKVF) | $13.55 Billion | 9.27% | 2.55x | $54.21 Million |
| Andatee China Marine Fuel Services (AMCF) | $18.84 Million | 34.05% | 1.21x | $0.98 |
| Archrock Inc (AROC) | $2.23 Billion | -42.52% | 1.73x | $6.15 Billion |
| Anton Oilfield Services Group (ATONY) | $2.15 Billion | -9.22% | 2.02x | $381.63 Million |
| Auri Inc (AURI) | $-2.74 Million | 0.00% | 0.00x | $1.91 |
| Baker Hughes Co (BKR) | $34.50 Billion | 0.37% | 0.55x | $56.21 Billion |
| Kbridge Energy Corp (BMMCF) | $-341.75K | 0.00% | 0.00x | $880.54 |
| Bri-Chem Corp (BRYFF) | $131.44K | -348.83% | 2.61x | $4.32 Million |