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. Check 002490 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
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. Explore Shandong Molong Petroleum Machinery Co L (002490) long-term investment share to see how much of total assets are deployed in long-term investments.
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.
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 |
|---|---|---|
|
TechnipFMC PLC
F:1T1
|
Germany | €10.09 Billion |
|
NOV Inc.
NYSE:NOV
|
USA | $11.14 Billion |
|
Aker Solutions ASA
OL:AKSO
|
Norway | Nkr35.35 Billion |
|
Calfrac Well Services Ltd.
TO:CFW
|
Canada | CA$1.05 Billion |
|
PBG SA
WAR:PBG
|
Poland | zł22.52 Million |
|
OSX Brasil S.A
SA:OSXB3
|
Brazil | R$696.70 Million |
|
Ratu Prabu Energi Tbk
JK:ARTI
|
Indonesia | Rp534.65 Billion |
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
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 | 0.26 |
| Asset Growth Rate (YoY) | -16.2% |
| Total Assets | CN¥2.42 Billion |
| Market Capitalization | $621.48 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shandong Molong Petroleum Machinery Co Ltd's assets below their book value (0.26x), 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