SEHK:568

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Shandong Molong Petroleum Machinery

Executive Summary

Shandong Molong Petroleum Machinery Company Limited engages in the research and development, production, and sale of products for the energy equipment industry in the People’s Republic of China. More Details


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Shandong Molong Petroleum Machinery's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 568 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 20% a week.

Volatility Over Time: 568's weekly volatility has increased from 12% to 20% over the past year.


Market Performance


7 Day Return

-7.5%

568

-0.6%

HK Energy Services

-5.0%

HK Market


1 Year Return

126.3%

568

8.4%

HK Energy Services

24.5%

HK Market

Return vs Industry: 568 exceeded the Hong Kong Energy Services industry which returned -8.7% over the past year.

Return vs Market: 568 exceeded the Hong Kong Market which returned 20.6% over the past year.


Shareholder returns

568IndustryMarket
7 Day-7.5%-0.6%-5.0%
30 Day72.0%-3.5%-3.6%
90 Day109.8%40.3%9.2%
1 Year126.3%126.3%10.1%8.4%29.2%24.5%
3 Year30.3%30.3%-17.9%-20.2%0.7%-9.6%
5 Year-35.6%-35.6%-19.1%-21.3%57.0%30.5%

Long-Term Price Volatility Vs. Market

How volatile is Shandong Molong Petroleum Machinery's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Shandong Molong Petroleum Machinery undervalued compared to its fair value and its price relative to the market?

0.76x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 568 (HK$1.72) is trading above our estimate of fair value (HK$1.24)

Significantly Below Fair Value: 568 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 568 is unprofitable, so we can't compare its PE Ratio to the HK Energy Services industry average.

PE vs Market: 568 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 568's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 568's PB Ratio (0.8x) is in line with the HK Energy Services industry average.


Next Steps

Future Growth

How is Shandong Molong Petroleum Machinery forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

34.7%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Shandong Molong Petroleum Machinery has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Shandong Molong Petroleum Machinery performed over the past 5 years?

18.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 568 is currently unprofitable.

Growing Profit Margin: 568 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 568 is unprofitable, but has reduced losses over the past 5 years at a rate of 18.5% per year.

Accelerating Growth: Unable to compare 568's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 568 is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-10.2%).


Return on Equity

High ROE: 568 has a negative Return on Equity (-29.1%), as it is currently unprofitable.


Next Steps

Financial Health

How is Shandong Molong Petroleum Machinery's financial position?


Financial Position Analysis

Short Term Liabilities: 568's short term assets (CN¥2.1B) do not cover its short term liabilities (CN¥3.6B).

Long Term Liabilities: 568's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥156.0M).


Debt to Equity History and Analysis

Debt Level: 568's debt to equity ratio (166.8%) is considered high.

Reducing Debt: 568's debt to equity ratio has increased from 63.1% to 166.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 568 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 568 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.5% per year.


Next Steps

Dividend

What is Shandong Molong Petroleum Machinery current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 568's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 568's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 568's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 568's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 568 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 568's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure


CEO

Shandong Molong Petroleum Machinery has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Min Liu
Deputy GM2.25yrsCN¥437.57kno data
Zhi Xin Li
Deputy GM & Executive Director2.25yrsCN¥500.82kno data
Yun Long Yang
Executive Chairman of the Board0.33yrno datano data
Rui Yuan
Executive Deputy Chairman of the Board0.33yrno datano data
Yun San Zhang
Co-Founderno dataCN¥34.70k4.03%
CN¥ 121.5m
Zhi Shui Ding
Head of Accounting Departmentno datano datano data
Wing Nang Chan
Company Secretaryno datano datano data

1.3yrs

Average Tenure

44.5yo

Average Age

Experienced Management: 568's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Min Liu
Deputy GM2.25yrsCN¥437.57kno data
Zhi Xin Li
Deputy GM & Executive Director2.25yrsCN¥500.82kno data
Yun Long Yang
Executive Chairman of the Board0.33yrno datano data
Rui Yuan
Executive Deputy Chairman of the Board0.33yrno datano data
You Ling Yao
Non-Executive Director2.25yrsno datano data
Quan Hong Wang
Non-Executive Director2.25yrsno data0.017%
CN¥ 527.0k
Zhi Wang Song
Independent Non Executive Director2.25yrsCN¥127.27kno data
Zhong Jie Cai
Independent Non-Executive Director2.25yrsCN¥127.27kno data
Zhao Qiang Wei
Chairman of Supervisory Boardno datano datano data
Ming Hua Wang
Supervisor2.25yrsno datano data
Bo Liu
Supervisor2.25yrsno datano data
Qing Bin Tang
Independent Non-Executive Director2.25yrsCN¥127.27kno data

2.3yrs

Average Tenure

47.5yo

Average Age

Experienced Board: 568's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Shandong Molong Petroleum Machinery Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shandong Molong Petroleum Machinery Company Limited
  • Ticker: 568
  • Exchange: SEHK
  • Founded: 2001
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: HK$3.015b
  • Shares outstanding: 797.85m
  • Website: https://www.molonggroup.com

Number of Employees


Location

  • Shandong Molong Petroleum Machinery Company Limited
  • No. 999 Wen Sheng Street
  • Shouguang
  • Shandong Province
  • 262700
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
568SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares-Foreign ListedHKHKDApr 2004
SHAN.FOTCPK (Pink Sheets LLC)YesForeign Shares-Foreign ListedUSUSDApr 2004
PXIDB (Deutsche Boerse AG)YesForeign Shares-Foreign ListedDEEURApr 2004
568SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesForeign Shares-Foreign ListedHKHKDApr 2004
568SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesForeign Shares-Foreign ListedHKHKDApr 2004
2490SZSE (Shenzhen Stock Exchange)Domestic SharesCNCNYOct 2010
2490XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)Domestic SharesCNCNYOct 2010

Biography

Shandong Molong Petroleum Machinery Company Limited engages in the research and development, production, and sale of products for the energy equipment industry in the People’s Republic of China. The compan...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/08 10:06
End of Day Share Price2021/03/08 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.