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Last CNY11.42 CNY
Change Today -0.13 / -1.13%
Volume 19.3M
002490 On Other Exchanges
Symbol
Exchange
OTC US
Frankfurt
Hong Kong
OTC US
Shenzhen
As of 3:00 AM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

shandong molong petroleum-a (002490) Snapshot

Open
CNY11.52
Previous Close
CNY11.55
Day High
CNY11.59
Day Low
CNY11.23
52 Week High
09/19/14 - CNY13.08
52 Week Low
04/29/14 - CNY6.31
Market Cap
6.9B
Average Volume 10 Days
22.9M
EPS TTM
CNY-0.22
Shares Outstanding
541.7M
EX-Date
07/29/14
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SHANDONG MOLONG PETROLEUM-A (002490)

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shandong molong petroleum-a (002490) Details

Shandong Molong Petroleum Machinery Co., Ltd. is engaged in the design, research and development, processing, manufacture, and sale of petroleum machinery primarily in the People’s Republic of China. The company operates through four segments: Casing and Tubing, Three Kinds of Pumping Units, Petroleum Machinery, and Others. Its products include tubing, casing, special seamless tubes, sucker rods, sub-surface sucker rod pumps, pump units, fluid injection pumps, various down hole tools, etc.; precision and other steel; speed reducers; and industrial valves. The company offers oil well pumps, oil well sucker rods, oil pumping machinery, oil pumping pipes, petroleum machinery, textile machinery, petroleum equipment and accessories, high pressure isolation switches, high pressure electrical appliances, related electrical equipment, and metal material specialized for petroleum use. It is also involved in the warehousing an loading of goods; provision of information service on commodities; processing and sale of alloy accessories; trading of scrap metals; and acquisition and sale of petroleum extraction and chemical machinery electric equipment. The company exports its petroleum machinery and accessories to the United States, Canada, Russia, India, the Middle East, Middle Asia, Africa, and South America. Shandong Molong Petroleum Machinery Co., Ltd. was founded in 2001 and is headquartered in Shouguang City, China.

Founded in 2001

shandong molong petroleum-a (002490) Top Compensated Officers

Co-Founder, Vice Chairman, General Manager, C...
Total Annual Compensation: CNY586.5K
Founder, Chairman and Head of Strategic Plann...
Total Annual Compensation: CNY701.9K
Co-Founder and Executive Director
Total Annual Compensation: CNY301.9K
Deputy General Manager and Executive Director
Total Annual Compensation: CNY391.7K
Chairman of the Supervisory Committee
Total Annual Compensation: CNY86.7K
Compensation as of Fiscal Year 2013.

shandong molong petroleum-a (002490) Key Developments

Shandong Molong Petroleum Machinery Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2014

Shandong Molong Petroleum Machinery Co., Ltd. reported earnings results for the full year ended December 31, 2014. For the year, the company reported operating profit was RMB 15,593,750.89 against loss of RMB 217,501,828.14 a year ago. Total profit was RMB 21,489,080.25 against loss of RMB 203,717,361.31 a year ago. Net profit attributable to the equity holders of the company was RMB 20,233,190.77 or RMB 0.025 basic per share against loss of RMB 175,722,248.47 or RMB 0.22 per share a year ago. Return on net assets on weighted average basis 0.75% against negative return on net assets on weighted average basis of 6.31% a year ago. The group recorded operating revenue of RMB 2,522,102,479.29 for the year 2014, which represented a 11.01% growth compared with the previous year.

Shandong Molong Petroleum Machinery Co., Ltd. Revises Earnings Guidance for the Year Ended December 31, 2014

Shandong Molong Petroleum Machinery Co., Ltd. revised earnings guidance for the year ended December 31, 2014. The company estimated that the year-on-year change in net profit from January to December 2014 will turn losses into gains, and the expected amount of net profit will be CNY 10.00 million to CNY 15.00 million.

Shandong Molong Petroleum Machinery Co., Ltd. Reports Unaudited Consolidated and Company Earnings Results for the Third Quarter and Year to Date Ended of 2014; provides earnings Guidance for the full year of 2014

Shandong Molong Petroleum Machinery Co., Ltd. reported unaudited consolidated and company earnings results for the third quarter and year to date ended of 2014. For the period, the company reported total revenue from operations of RMB 609,253,851.80 compared to RMB 537,736,440.62 for the same period a year ago. Operating profit was RMB 1,333,688.44 compared to operating loss of RMB 4,441,207.29 a year ago. Total profit was RMB 1,495,242.31 compared to total loss of RMB 4,483,576.02 a year ago. Net profit was RMB 1,884,832.50 compared to net loss of RMB 3,710,176.56 a year ago. Net profit attributable to owners of the company was RMB 836,815.55 compared to net loss attributable to owners of the company of RMB 5,065,287.14 a year ago. Net cash flows from operating activities was RMB 347,206,147.82 compared to net cash used in operating activities of RMB 424,335,569.23. Cash paid for acquisition of fixed assets, intangible assets and other long-term assets was RMB 281,489,113.00 compared to RMB 488,620,008.67 a year ago. For the quarter, on a company basis, the company reported total revenue from operations of RMB 641,305,094.76 compared to RMB 558,984,124.99 for the same period a year ago. Operating profit was RMB 542,050.95 compared to operating loss of RMB 11,171,656.63 a year ago. Total profit was RMB 569,791.25 compared to total loss of RMB 11,093,216.33 a year ago. Net profit was RMB 1,583,514.00 compared to net loss of RMB 9,159,319.32 a year ago. Net cash flows from operating activities were RMB 237,478,925.82 compared to net cash used in operating activities of RMB 380,925,303.69. Cash paid for acquisition of fixed assets, intangible assets and other long-term assets was RMB 141,679,600.58 compared to RMB 358,766,173.12 a year ago. For the year to date, on a consolidated basis, the company reported total revenue from operations of RMB 1,946,166,844.90 compared to RMB 1,677,089,906.71 for the same period a year ago. Operating profit was RMB 9,122,639.56 compared to operating profit of RMB 36,499,154.45 a year ago. Total profit was RMB 12,938,861.97 compared to total profit of RMB 47,833,960.25 a year ago. Net profit was RMB 9,831,067.94 compared to net profit of RMB 40,711,957.00 a year ago. Net profit attributable to owners of the company was RMB 10,074,624.78 compared to net profit attributable to owners of the company of RMB 40,536,410.49 a year ago. Basic and diluted earnings per share was RMB 0.01 compared to RMB 0.05 a year ago. For the year to date, on a company basis, the company reported total revenue from operations of RMB 2,076,289,856.50 compared to RMB 1,750,083,145.51 for the same period a year ago. Operating profit was RMB 24,961,791.24 compared to operating profit of RMB 45,988,513.51 a year ago. Total profit was RMB 28,146,300.87 compared to total profit of RMB 57,414,012.53 a year ago. Net profit was RMB 26,446,035.46 compared to net profit of RMB 51,942,566.07 a year ago. The company provided earnings Guidance for the full year of 2014. For the period, the company expects turned loss into gain compared to the same period last year.

 

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002490

Industry Average

Valuation 002490 Industry Range
Price/Earnings 100.0x
Price/Sales 1.0x
Price/Book 6.1x
Price/Cash Flow 308.9x
TEV/Sales 1.5x
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