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1 Comment
Shandong Molong Petroleum Machinery Company Limited is currently in a long term uptrend where the price is trading 107.3% above its 200 day moving average.
From a valuation standpoint, the stock is 77.1% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.5.
Shandong Molong Petroleum Machinery Company Limited's total revenue sank by 20.2% to $788M since the same quarter in the previous year.
Its net income has increased by 270.5% to $278M since the same quarter in the previous year.
Finally, its free cash flow fell by 64.4% to $104M since the same quarter in the previous year.
Based on the above factors, Shandong Molong Petroleum Machinery Company Limited gets an overall score of 3/5.
| Industry | Oil & Gas Equipment & Services |
|---|---|
| Exchange | HK |
| CurrencyCode | HKD |
| ISIN | CNE1000001N1 |
| Sector | Energy |
| Beta | 1.17 |
|---|---|
| Market Cap | 3B |
| PE Ratio | None |
| Target Price | None |
| Dividend Yield | None |
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, Three Pumping Units, Petroleum Machinery Parts, Pipe Tube, 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; three drawing equipment and accessories; sucker rods, oil pumps, oil pumping units, petroleum machinery accessories, and downhole tools; precision casting and forging products; and large ball valve bodies, mud pump liners, and floating ball valves for the petroleum industry. It also provides API and non-API casing products, line pipe products, precision steel pipes, hydraulic prop tubes, fluid pipes, cylinder tubes, 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 the oil and natural gas, shale gas, coalbed methane and coal mining machinery, boiler manufacturing, and engineering machinery manufacturing industries; and energy drilling, urban pipeline networks, and wind power casting fields. In addition, it engages in the research of new materials for energy equipment; production and sale of metal casting and forging; sea water desalination activities; waste heat and gas power generation activities; and manufacture and sale of special equipment. The company exports its products to America, Russia, the Middle East, and Southeast Asia. Shandong Molong Petroleum Machinery Company Limited was founded in 1986 and is based in Shouguang, China.
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