Shandong Molong Petroleum Machinery Company Limited logo

Shandong Molong Petroleum Machinery Company Limited

0568.HK

HKSEEnergyOil & Gas Equipment & Services

Latest quote

HK$4.70

−HK$0.125 · -2.59%

Aug 24, 4:08 PM HKT

0568.HK company overview

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Company profile

Company website

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 segments. The company offers oil casings and drill pipe bodies; pipeline, boiler, fluid conveying, hydraulic support, gas cylinder, and structural pipes; stage drawing equipment and accessories; sucker rods, oil pumps, oil pumping units, petroleum machinery accessories, and downhole tools; precision casting and forging products. It also provides API and non-API casing products, line pipe products, precision steel pipes, hydraulic prop tubes, fluid pipes, cylinder valves, and boiler tubes; tubular, multi-functional, inclined well, sand preventing, and feedback pumps; and cylinder liners and gate valves. The company's products are used in oil, natural gas, shale gas, coalbed methane, hydrogen energy, petroleum refining, coal mining machinery, boiler manufacturing, construction machinery manufacturing, and oilfield services. The company exports its products to the Middle East, Southeast Asia, Central Asia, Africa, and South America and other countries and regions. Shandong Molong Petroleum Machinery Company Limited was founded in 1987 and is based in Shouguang, China.

Industry
Oil & Gas Equipment & Services
Sector
Energy
Headquarters
CN
CEO
Gao Gui Han
Listed since
Mar 23, 2006
Employees
1,268

Market position

Day range

Current HK$4.70

52-week range

Current HK$4.70

Open
HK$4.68
Previous close
HK$4.825
Volume
22.39M
0.31× average
Average volume
71.16M
Average daily volume
Market cap
7.01B HKD
Beta
-0.07
Market reference 1
50-day average
HK$5.0319
-6.60% below average
200-day average
HK$5.7416
-18.14% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.53B CNY
P/E (TTM)
1,220.9×
P/B (TTM)
12.96×
P/S (TTM)
2.61×
EV / EBITDA
26.67×
Earnings yield
0.23%
Free cash flow yield
9.95%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
10.05%
Operating margin
2.00%
Net margin
0.25%
Return on equity
1.04%
Return on assets
0.19%
Return on invested capital
-0.11%

Financial health

Debt / equity
3.14×
Current ratio
1.01×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends15%-6%-27%-48%Gross margin, FY2021: 4.61%Gross margin, FY2022: 1.91%Gross margin, FY2023: 7.72%Gross margin, FY2024: 2.44%Gross margin, FY2025: 9.65%Operating margin, FY2021: -9.67%Operating margin, FY2022: -15.96%Operating margin, FY2023: -41.68%Operating margin, FY2024: -3.56%Operating margin, FY2025: -0.14%Net margin, FY2021: -9.87%Net margin, FY2022: -15.37%Net margin, FY2023: -43.03%Net margin, FY2024: -3.22%Net margin, FY2025: 0.29%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 4.61%. Gross margin FY2022 1.91%. Gross margin FY2023 7.72%. Gross margin FY2024 2.44%. Gross margin FY2025 9.65%. Operating margin FY2021 -9.67%. Operating margin FY2022 -15.96%. Operating margin FY2023 -41.68%. Operating margin FY2024 -3.56%. Operating margin FY2025 -0.14%. Net margin FY2021 -9.87%. Net margin FY2022 -15.37%. Net margin FY2023 -43.03%. Net margin FY2024 -3.22%. Net margin FY2025 0.29%.

Income trends

Revenue

1.76B CNY+29.88%

Operating income

−2.4M CNY+95.03%

Net income

5.16M CNY+48.86M CNY
Income trends across reported periods4.16B CNY2.44B CNY723.54M CNY−996.99M CNYRevenue, FY2021: 3.73B CNYRevenue, FY2022: 2.77B CNYRevenue, FY2023: 1.32B CNYRevenue, FY2024: 1.36B CNYRevenue, FY2025: 1.76B CNYOperating income, FY2021: −361.12M CNYOperating income, FY2022: −441.51M CNYOperating income, FY2023: −549.18M CNYOperating income, FY2024: −48.28M CNYOperating income, FY2025: −2.4M CNYNet income, FY2021: −368.42M CNYNet income, FY2022: −424.97M CNYNet income, FY2023: −566.86M CNYNet income, FY2024: −43.7M CNYNet income, FY2025: 5.16M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.73B CNY. Revenue FY2022 2.77B CNY. Revenue FY2023 1.32B CNY. Revenue FY2024 1.36B CNY. Revenue FY2025 1.76B CNY. Operating income FY2021 −361.12M CNY. Operating income FY2022 −441.51M CNY. Operating income FY2023 −549.18M CNY. Operating income FY2024 −48.28M CNY. Operating income FY2025 −2.4M CNY. Net income FY2021 −368.42M CNY. Net income FY2022 −424.97M CNY. Net income FY2023 −566.86M CNY. Net income FY2024 −43.7M CNY. Net income FY2025 5.16M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue1.76B CNY1.36B CNY1.32B CNY2.77B CNY3.73B CNY
Cost of goods sold1.59B CNY1.32B CNY1.22B CNY2.78B CNY3.56B CNY
Gross profit170.07M CNY33.11M CNY101.78M CNY52.94M CNY172.34M CNY
Research and development43.91M CNY29.31M CNY35.48M CNY41.65M CNY57.08M CNY
Selling, general, and administrative18.45M CNY135.18M CNY33.85M CNY49.71M CNY59.55M CNY
Operating expenses172.47M CNY81.4M CNY650.96M CNY429.29M CNY533.45M CNY
Interest income1.35M CNY1.06M CNY4M CNY8.38M CNY4.91M CNY
Interest expense93.08M CNY102.96M CNY118.71M CNY117.88M CNY114.3M CNY
Depreciation and amortization67.61M CNY141.17M CNY209.88M CNY219.48M CNY249.39M CNY
Operating income−2.4M CNY−48.28M CNY−549.18M CNY−441.51M CNY−361.12M CNY
Net income5.16M CNY−43.7M CNY−566.86M CNY−424.97M CNY−368.42M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.01

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.350.07-0.22-0.5Q1 '24Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q3 '25Q3 '25
Q1 2024, reported Jan 25, 2024: actual -0.119, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 29, 2024: actual -0.443, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 12, 2024: actual 0.294, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual -0.063, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 30, 2024: actual -0.146, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual -0.105, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 27, 2025: actual 0.009, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual -0.01, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates581.3M448.17M315.05M181.92MQ1 '24Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q3 '25Q3 '25
Q1 2024, reported Jan 25, 2024: actual 218.48M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 29, 2024: actual 349.06M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 12, 2024: actual 209.47M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual 441.39M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 30, 2024: actual 443.16M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 373.64M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 27, 2025: actual 553.75M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual 474.36M HKD, estimate —, surprise —, Comparison unavailable.

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