Shandong Molong Petroleum Machinery Co Ltd (002490) - Total Assets
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.
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. Also see Shandong Molong Petroleum Machinery Co L (002490) market capitalisation for the company's overall valuation and market capitalisation.
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. Review 002490 current and long-term liabilities to assess the company's total debt and financial obligations.
| 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. See current stock price of Shandong Molong Petroleum Machinery Co L for real-time trading data and today's change.
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 |
|---|---|---|
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
|
Exmar NV
BR:EXM
|
Belgium | €903.34 Million |
|
Calfrac Well Services Ltd.
TO:CFW
|
Canada | CA$1.05 Billion |
|
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft
VI:SBO
|
Austria | €898.01 Million |
|
ProPetro Holding Corp
NYSE:PUMP
|
USA | $1.41 Billion |
|
Keyfield International Berhad
KLSE:5321
|
Malaysia | RM1.18 Billion |
|
PBG SA
WAR:PBG
|
Poland | zł22.34 Million |
|
S.D. STANDARD ETC DL-03
F:S1P
|
Germany | €121.10 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 | 0.24 |
| Asset Growth Rate (YoY) | -16.2% |
| Total Assets | CN¥2.42 Billion |
| Market Capitalization | $579.47 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shandong Molong Petroleum Machinery Co Ltd's assets below their book value (0.24x), 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 |
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About Shandong Molong Petroleum Machinery Co Ltd
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