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) - Total Assets
Latest total assets as of June 2025: $2.33 Billion USD
Based on the latest financial reports, Shandong Molong Petroleum Machinery Company Limited (SHANY) holds total assets worth $2.33 Billion USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Shandong Molong Petroleum Machinery Company Limited - Total Assets Trend (2020–2024)
This chart illustrates how Shandong Molong Petroleum Machinery Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shandong Molong Petroleum Machinery Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Shandong Molong Petroleum Machinery Company Limited's total assets of $2.33 Billion consist of 80.0% current assets and 20.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.6% |
| Accounts Receivable | $220.33 Million | 9.1% |
| Inventory | $397.73 Million | 16.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $143.87 Million | 5.9% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Shandong Molong Petroleum Machinery Company Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shandong Molong Petroleum Machinery Company Limited's current assets represent 80.0% of total assets in 2024, an increase from 43.2% in 2020.
- Cash Position: Cash and equivalents constituted 3.6% of total assets in 2024, down from 14.7% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, a decrease from 7.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 16.4% of total assets.
Shandong Molong Petroleum Machinery Company Limited Competitors by Total Assets
Key competitors of Shandong Molong Petroleum Machinery Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Shandong Molong Petroleum Machinery Company Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Shandong Molong Petroleum Machinery Company Limited generates 0.56x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Shandong Molong Petroleum Machinery Company Limited is currently not profitable relative to its asset base.
Shandong Molong Petroleum Machinery Company Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.92 | 0.58 | 0.55 |
| Quick Ratio | 0.68 | 0.36 | 0.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-144.48 Million | $ -914.82 Million | $ -1.32 Billion |
Shandong Molong Petroleum Machinery Company Limited - Advanced Valuation Insights
This section examines the relationship between Shandong Molong Petroleum Machinery Company Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.49 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -16.2% |
| Total Assets | $2.42 Billion |
| Market Capitalization | $99.73 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shandong Molong Petroleum Machinery Company Limited's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Shandong Molong Petroleum Machinery Company Limited's assets decreased by 16.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Shandong Molong Petroleum Machinery Company Limited (2020–2024)
The table below shows the annual total assets of Shandong Molong Petroleum Machinery Company Limited from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.42 Billion | -16.20% |
| 2023-12-31 | $2.89 Billion | -28.49% |
| 2022-12-31 | $4.04 Billion | -9.40% |
| 2021-12-31 | $4.46 Billion | -13.87% |
| 2020-12-31 | $5.18 Billion | -- |