Shandong Molong Petroleum Machinery Co Ltd (002490) - Total Assets

Latest as of September 2025: CN¥2.53 Billion CNY ≈ $369.58 Million USD

Based on the latest financial reports, Shandong Molong Petroleum Machinery Co Ltd (002490) holds total assets worth CN¥2.53 Billion CNY (≈ $369.58 Million USD) as of September 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. See what is Shandong Molong Petroleum Machinery Co L's book value for net asset value and shareholders' equity analysis.

Shandong Molong Petroleum Machinery Co Ltd - Total Assets Trend (2005–2024)

This chart illustrates how Shandong Molong Petroleum Machinery Co Ltd's total assets have evolved over time, based on quarterly financial data.

Shandong Molong Petroleum Machinery Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Shandong Molong Petroleum Machinery Co Ltd's total assets of CN¥2.53 Billion consist of 80.0% current assets and 20.0% non-current assets.

Asset Category	Amount (CNY)	% of Total Assets
Cash & Equivalents	CN¥0.00	3.6%
Accounts Receivable	CN¥1.43 Billion	58.9%
Inventory	CN¥397.73 Million	16.4%
Property, Plant & Equipment	CN¥0.00	0.0%
Intangible Assets	CN¥143.87 Million	5.9%
Goodwill	CN¥0.00	0.0%

Asset Composition Trend (2005–2024)

This chart illustrates how Shandong Molong Petroleum Machinery Co Ltd'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. For live market cap, price, and company overview, see Shandong Molong Petroleum Machinery Co L market cap and net worth.

Show as percentage

Key Asset Composition Facts

Current vs. Non-Current Assets: Shandong Molong Petroleum Machinery Co Ltd's current assets represent 80.0% of total assets in 2024, an increase from 62.4% in 2005.
Cash Position: Cash and equivalents constituted 3.6% of total assets in 2024, down from 26.9% in 2005.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 2.0% in 2005.
Asset Diversification: The largest asset category is accounts receivable at 58.9% of total assets.

Shandong Molong Petroleum Machinery Co Ltd Competitors by Total Assets

Key competitors of Shandong Molong Petroleum Machinery Co Ltd based on total assets are shown below.

Company	Country	Total Assets
Terravest Capital Inc TO:TVK	Canada	CA$2.10 Billion
Pulse Seismic Inc TO:PSD	Canada	CA$22.80 Million
Malaysia Marine and Heavy Engineering Holdings Bhd KLSE:5186	Malaysia	RM3.13 Billion
PBG SA WAR:PBG	Poland	zł22.89 Million
Halliburton Co BA:HAL	Argentina	AR$25.01 Billion
Worley Ltd AU:WOR	Australia	AU$10.85 Billion
SRJ Technologies Group Plc AU:SRJ	Australia	AU$10.99 Million
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft VI:SBO	Austria	€879.42 Million

Shandong Molong Petroleum Machinery Co Ltd - 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	0.95	0.59	0.69
Quick Ratio	0.68	0.34	0.45
Cash Ratio	0.00	0.00	0.00
Working Capital	CN¥-95.97 Million	CN¥-927.03 Million	CN¥-985.42 Million

Shandong Molong Petroleum Machinery Co Ltd - Advanced Valuation Insights

This section examines the relationship between Shandong Molong Petroleum Machinery Co Ltd'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	12.34
Latest Market Cap to Assets Ratio	0.33
Asset Growth Rate (YoY)	-16.2%
Total Assets	CN¥2.42 Billion
Market Capitalization	$797.47 Million USD

Valuation Analysis

Below Book Valuation: The market values Shandong Molong Petroleum Machinery Co Ltd's assets below their book value (0.33x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Shandong Molong Petroleum Machinery Co Ltd'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 Co Ltd (2005–2024)

The table below shows the annual total assets of Shandong Molong Petroleum Machinery Co Ltd from 2005 to 2024.

Year	Total Assets	Change
2024-12-31	CN¥2.42 Billion ≈ $354.15 Million	-16.20%
2023-12-31	CN¥2.89 Billion ≈ $422.62 Million	-28.49%
2022-12-31	CN¥4.04 Billion ≈ $590.97 Million	-9.40%
2021-12-31	CN¥4.46 Billion ≈ $652.29 Million	-13.87%
2020-12-31	CN¥5.18 Billion ≈ $757.36 Million	-9.77%
2019-12-31	CN¥5.74 Billion ≈ $839.32 Million	-13.19%
2018-12-31	CN¥6.61 Billion ≈ $966.89 Million	+6.18%
2017-12-31	CN¥6.22 Billion ≈ $910.59 Million	+7.81%
2016-12-31	CN¥5.77 Billion ≈ $844.63 Million	-1.35%
2015-12-31	CN¥5.85 Billion ≈ $856.21 Million	-3.20%
2014-12-31	CN¥6.04 Billion ≈ $884.50 Million	+4.33%
2013-12-31	CN¥5.79 Billion ≈ $847.77 Million	+9.61%
2012-12-31	CN¥5.29 Billion ≈ $773.47 Million	+12.73%
2011-12-31	CN¥4.69 Billion ≈ $686.14 Million	+2.24%
2010-12-31	CN¥4.59 Billion ≈ $671.14 Million	+40.83%
2009-12-31	CN¥3.26 Billion ≈ $476.54 Million	-2.36%
2008-12-31	CN¥3.34 Billion ≈ $488.08 Million	+47.01%
2007-12-31	CN¥2.27 Billion ≈ $332.00 Million	+56.02%
2006-12-31	CN¥1.45 Billion ≈ $212.80 Million	+51.74%
2005-12-31	CN¥958.35 Million ≈ $140.24 Million	--

About Shandong Molong Petroleum Machinery Co Ltd

SHE:002490 China Oil & Gas Equipment & Services

Market Cap

$797.47 Million

CN¥5.45 Billion CNY

Market Cap Rank

#10176 Global

#2919 in China

Share Price

CN¥10.06

Change (1 day)

+1.00%

52-Week Range

CN¥3.94 - CN¥13.24

All Time High

CN¥13.24