Shandong Molong Petroleum Machinery (HK:0568)
:0568
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Shandong Molong Petroleum Machinery
(0568)
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Rating:48Neutral
Price Target:
HK$9.00
▲(185.71% Upside)
Action:ReiteratedDate:04/08/26
The score is held back primarily by elevated balance-sheet leverage (debt-to-equity ~3.07x) and still-weak profitability despite the 2025 recovery. Improved operating and free cash flow supports the financial profile, while technicals suggest a longer-term uptrend with near-term softness. Valuation is a major negative due to the very high P/E (~452), limiting the overall score.
Positive Factors
Improved Cash Generation
Sharp improvement in operating and free cash flow in 2025 demonstrates the company's ability to convert sales into cash versus prior years. Durable cash generation supports debt servicing, capital expenditure funding and operational resilience across oilfield capex cycles, improving financial flexibility over the medium term.
Negative Factors
Elevated Leverage
Very high debt-to-equity and materially reduced equity materially weaken balance-sheet flexibility. Elevated leverage raises refinancing and interest coverage risk, limits ability to absorb an oilfield downturn, and constrains strategic investments or acquisitions over a multi-quarter horizon if cash generation falters.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved Cash Generation
Sharp improvement in operating and free cash flow in 2025 demonstrates the company's ability to convert sales into cash versus prior years. Durable cash generation supports debt servicing, capital expenditure funding and operational resilience across oilfield capex cycles, improving financial flexibility over the medium term.
Read all positive factors
Shandong Molong Petroleum Machinery (0568) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$7.90B
Dividend YieldN/A
Average Volume (3M)69.03M
Price to Earnings (P/E)452.3
Beta (1Y)0.47
Revenue Growth17.21%
EPS Growth59.09%
CountryHK
Employees1,324
SectorEnergy
Sector Strength52
IndustryOil & Gas Equipment & Services
Share Statistics
EPS (TTM)0.00
Shares Outstanding256,126,400
10 Day Avg. Volume42,181,423
30 Day Avg. Volume69,032,079
Financial Highlights & Ratios
PEG Ratio-4.02
Price to Book (P/B)4.56
Price to Sales (P/S)1.33
P/FCF Ratio10.05
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Shandong Molong Petroleum Machinery Business Overview & Revenue Model
Company Description
Shandong Molong Petroleum Machinery Company Limited engages in the design, research and development, production, and sale of products for the energy equipment industry in the People's Republic of China. The company operates through Pipe Products, ...
How the Company Makes Money
The company primarily makes money by manufacturing and selling oilfield-related industrial products. Key revenue streams typically include: (1) sales of petroleum tubular goods (such as casing, tubing, and drill-pipe-related products) used in dril...
Shandong Molong Petroleum Machinery Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
38
Negative
Cash Flow
62
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.71B | 1.36B | 1.32B | 2.77B | 3.73B |
| Gross Profit | 161.55M | 33.11M | 101.78M | 52.94M | 172.34M |
| EBITDA | 132.33M | 13.37M | 2.15M | -50.98M | 1.63M |
| Net Income | 5.02M | -43.70M | -566.86M | -424.97M | -368.42M |
Balance Sheet | |||||
| Total Assets | 2.68B | 2.42B | 2.89B | 4.04B | 4.46B |
| Cash, Cash Equivalents and Short-Term Investments | 273.61M | 89.14M | 102.37M | 462.69M | 475.19M |
| Total Debt | 1.53B | 1.46B | 1.65B | 2.12B | 2.10B |
| Total Liabilities | 2.18B | 1.93B | 2.55B | 3.13B | 3.10B |
| Stockholders Equity | 498.09M | 492.27M | 424.01M | 987.96M | 1.41B |
Cash Flow | |||||
| Free Cash Flow | 226.11M | 43.58M | 129.31M | -19.98M | -16.18M |
| Operating Cash Flow | 312.35M | 43.87M | 134.99M | -11.51M | 35.79M |
| Investing Cash Flow | -34.14M | 243.90M | -2.78M | -8.47M | 89.53M |
| Financing Cash Flow | -180.20M | -296.96M | -405.11M | -41.27M | -409.49M |
Shandong Molong Petroleum Machinery Technical Analysis
Positive
3.15
Price Trends
7.22
Positive
5.46
Positive
4.88
Positive
Market Momentum
0.31
Positive
49.48
Neutral
30.91
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0568, the sentiment is Positive. The current price of 3.15 is below the 20-day moving average (MA) of 10.17, below the 50-day MA of 7.22, and below the 200-day MA of 4.88, indicating a neutral trend. The MACD of 0.31 indicates Positive momentum. The RSI at 49.48 is Neutral, neither overbought nor oversold. The STOCH value of 30.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0568.
Shandong Molong Petroleum Machinery Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | HK$22.98B | 15.54 | 9.47% | 3.43% | 6.10% | 12.66% | |
70 Outperform | HK$3.27B | 5.39 | 8.78% | 3.59% | 10.16% | 49.48% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
63 Neutral | HK$70.70B | 7.80 | 8.45% | 3.59% | 2.58% | 7.10% | |
48 Neutral | HK$7.90B | 452.34 | 1.03% | ― | 17.21% | 59.09% | |
48 Neutral | HK$400.36M | -0.87 | -11.00% | ― | -2.11% | -779.00% | |
43 Neutral | HK$275.08M | 15.00 | -10.68% | ― | 0.97% | 33.70% |
* Energy Sector Average
HK:0568
Shandong Molong Petroleum Machinery
8.51
7.22
559.69%
HK:3337
Anton Oilfield Services Group
1.09
0.12
11.91%
HK:2883
China Oilfield Services
9.34
3.98
74.22%
HK:3899
CIMC Enric Holdings
10.88
5.49
101.71%
HK:1623
Hilong Holding Ltd.
0.24
0.12
108.85%
HK:1080
Shengli Oil & Gas Pipe Holdings Ltd.
0.07
0.04
121.87%
Shandong Molong Petroleum Machinery Corporate Events
Shandong Molong Wins Shareholder Approval for New H-Share Issuance Mandate
Apr 8, 2026
Shandong Molong Petroleum Machinery Company Limited reported the results of its extraordinary general meeting held on 8 April 2026 in Shouguang City, Shandong Province, where shareholders voted on a mandate related to the issuance of H shares. Sha...
Shandong Molong Sets Board Meeting to Approve First-Quarter 2026 Results
Apr 2, 2026
Shandong Molong Petroleum Machinery Company Limited has scheduled a board meeting for April 21, 2026, in Shouguang City, Shandong Province, to review and approve the unaudited first-quarter results for the three months ended March 31, 2026, and to...
Shandong Molong Swings Back to Profit on Nearly 30% Revenue Jump in 2025
Mar 31, 2026
Shandong Molong Petroleum Machinery reported a sharp rebound in performance for 2025, with operating revenue rising nearly 30% year-on-year to RMB1.76 billion as the group benefited from stronger business activity. Profit attributable to equity ho...
Shandong Molong Cuts Huarong Agricultural Receivable, Sees Limited Impact on Operations
Mar 31, 2026
Shandong Molong Petroleum Machinery has received RMB 30 million in cash from Huarong Agricultural under an existing repayment agreement, reducing the outstanding accounts receivable from RMB 91.45 million to RMB 61.45 million, or about 12.34% of i...
Shandong Molong Seeks Shareholder Mandate to Issue Up to 20% More H Shares
Mar 13, 2026
Shandong Molong Petroleum Machinery has called its second extraordinary general meeting of 2026 for 8 April in Shouguang, Shandong, to seek shareholder approval for a special resolution granting its directors a general mandate to issue additional ...
Shandong Molong Schedules Board Meeting to Approve 2025 Annual Results
Mar 13, 2026
Shandong Molong Petroleum Machinery Company Limited has scheduled a board meeting for March 31, 2026, in Shouguang City, Shandong Province, to review and approve the audited final results of the company and its subsidiaries for the financial year ...
Shandong Molong Warns of Speculation After Sharp Surge in A-Share Price
Mar 6, 2026
Shandong Molong Petroleum Machinery reported an unusual surge in its A-share price on the Shenzhen Stock Exchange, with the closing price rising more than 20% over three straight sessions and 52.37% across five trading days in early March 2026. Th...
Shandong Molong Says No Undisclosed Events Behind Sharp A Share Price Rise
Mar 3, 2026
Shandong Molong Petroleum Machinery has reported an unusual movement in its A share price, which rose by more than 20% cumulatively over two consecutive trading days on 2 and 3 March 2026, triggering a regulatory alert under Shenzhen Stock Exchang...
Shandong Molong Forecasts 2025 Return to Profit on Overseas Growth and Cost Controls
Jan 28, 2026
Shandong Molong Petroleum Machinery has issued a preliminary estimate indicating it expects to swing from a substantial loss in 2024 to a net profit of RMB 4 million to RMB 6 million for the 2025 financial year, equating to year-on-year growth of ...
Shandong Molong Shareholders Approve Debt Restructuring Plan at EGM
Jan 23, 2026
Shareholders of Shandong Molong Petroleum Machinery Company Limited have approved an ordinary resolution to implement a debt settlement and debt restructuring plan at an extraordinary general meeting (EGM) held on 23 January 2026 in Shouguang City...
Shandong Molong Details Land Valuation Behind Debt Settlement Deal
Jan 23, 2026
Shandong Molong Petroleum Machinery Company Limited has issued a supplemental announcement providing additional details on the valuation methodology used for a land parcel, including its buildings, constructions and related machinery, underpinning...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.