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Shandong Molong Petroleum Machinery SEHK:568 Stock Report

Last Price

HK$1.25

Market Cap

HK$1.8b

7D

7.8%

1Y

-48.3%

Updated

22 May, 2024

Data

Company Financials

Shandong Molong Petroleum Machinery Company Limited

SEHK:568 Stock Report

Market Cap: HK$1.8b

568 Stock Overview

Engages in the design, research and development, production, and sale of products for the energy equipment industry in the People’s Republic of China and internationally.

568 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Shandong Molong Petroleum Machinery Company Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shandong Molong Petroleum Machinery
Historical stock prices
Current Share PriceHK$1.25
52 Week HighHK$3.49
52 Week LowHK$0.95
Beta1.28
1 Month Change21.36%
3 Month Change-36.87%
1 Year Change-48.35%
3 Year Change-86.10%
5 Year Change-6.02%
Change since IPO71.23%

Recent News & Updates

Shandong Molong Petroleum Machinery Company Limited (HKG:568) Shares May Have Slumped 40% But Getting In Cheap Is Still Unlikely

Apr 10
Shandong Molong Petroleum Machinery Company Limited (HKG:568) Shares May Have Slumped 40% But Getting In Cheap Is Still Unlikely

Recent updates

Shandong Molong Petroleum Machinery Company Limited (HKG:568) Shares May Have Slumped 40% But Getting In Cheap Is Still Unlikely

Apr 10
Shandong Molong Petroleum Machinery Company Limited (HKG:568) Shares May Have Slumped 40% But Getting In Cheap Is Still Unlikely

Is Shandong Molong Petroleum Machinery (HKG:568) Using Debt In A Risky Way?

Jan 23
Is Shandong Molong Petroleum Machinery (HKG:568) Using Debt In A Risky Way?

Is Shandong Molong Petroleum Machinery (HKG:568) A Risky Investment?

Oct 20
Is Shandong Molong Petroleum Machinery (HKG:568) A Risky Investment?

Here's Why Shandong Molong Petroleum Machinery (HKG:568) Can Afford Some Debt

May 31
Here's Why Shandong Molong Petroleum Machinery (HKG:568) Can Afford Some Debt

We Think Shandong Molong Petroleum Machinery (HKG:568) Has A Fair Chunk Of Debt

Feb 14
We Think Shandong Molong Petroleum Machinery (HKG:568) Has A Fair Chunk Of Debt

Shandong Molong Petroleum Machinery (HKG:568) Is Carrying A Fair Bit Of Debt

Sep 16
Shandong Molong Petroleum Machinery (HKG:568) Is Carrying A Fair Bit Of Debt

Shareholder Returns

568HK Energy ServicesHK Market
7D7.8%-1.8%1.3%
1Y-48.3%2.5%1.6%

Return vs Industry: 568 underperformed the Hong Kong Energy Services industry which returned 2.5% over the past year.

Return vs Market: 568 underperformed the Hong Kong Market which returned 1.6% over the past year.

Price Volatility

Is 568's price volatile compared to industry and market?
568 volatility
568 Average Weekly Movement14.3%
Energy Services Industry Average Movement8.3%
Market Average Movement7.5%
10% most volatile stocks in HK Market15.7%
10% least volatile stocks in HK Market3.7%

Stable Share Price: 568's share price has been volatile over the past 3 months.

Volatility Over Time: 568's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
19861,941Gao Hanwww.molonggroup.com

Shandong Molong Petroleum Machinery Company Limited engages in the design, research and development, production, and sale of products for the energy equipment industry in the People’s Republic of China and internationally. The company operates through Pipe Products, Three Kinds of Pumping Units, Petroleum Machinery Parts, Tube Blank, Castings and Forgings, and Others segments. The company’s products include API and non API casing products, line pipe products, precision steel pipes, hydraulic prop tubes, fluid pipes, cylinder tubes, and boiler tubes; sucker rods; and valve body, cylinder liners, gate valves, and billet products.

Shandong Molong Petroleum Machinery Company Limited Fundamentals Summary

How do Shandong Molong Petroleum Machinery's earnings and revenue compare to its market cap?
568 fundamental statistics
Market capHK$1.76b
Earnings (TTM)-HK$283.41m
Revenue (TTM)HK$1.19b

0.8x

P/S Ratio

-3.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
568 income statement (TTM)
RevenueCN¥1.10b
Cost of RevenueCN¥1.04b
Gross ProfitCN¥68.05m
Other ExpensesCN¥330.90m
Earnings-CN¥262.85m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.33
Gross Margin6.17%
Net Profit Margin-23.83%
Debt/Equity Ratio253.6%

How did 568 perform over the long term?

See historical performance and comparison
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