Shandong Molong Petroleum Machinery Company Limited

OTCPK:SHAN.F Stock Report

Market Cap: US$169.8m

Shandong Molong Petroleum Machinery Balance Sheet Health

Financial Health criteria checks 3/6

Shandong Molong Petroleum Machinery has a total shareholder equity of CN¥641.7M and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 253.6%. Its total assets and total liabilities are CN¥3.0B and CN¥2.3B respectively.

Key information


Debt to equity ratio



Interest coverage ration/a
Total liabilitiesCN¥2.35b
Total assetsCN¥2.99b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: SHAN.F's short term assets (CN¥1.4B) do not cover its short term liabilities (CN¥2.3B).

Long Term Liabilities: SHAN.F's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥41.1M).

Debt to Equity History and Analysis

Debt Level: SHAN.F's net debt to equity ratio (223.5%) is considered high.

Reducing Debt: SHAN.F's debt to equity ratio has increased from 150.4% to 253.6% 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 SHAN.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SHAN.F is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 1.5% per year.

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