Shandong Molong Petroleum Machinery Company Limited

Shandong Molong Petroleum Machinery Company Limitedverified

002490.SZ

Price:

$6.93

Market Cap:

$4.72B

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, Three Kinds of Pumping Units, Petroleum Machinery Parts, Tube Blank, High-End Castings and Forgings, and Others segments. The company's products include API and non API casing products, line pipe products, precision steel pipes, hydraulic prop tubes, fluid pipes, cylinder tubes, and boiler tubes; sucker rods; and valve body, cylinder liners, gate valves, and billet products. Its products are used in petroleum, natural gas, coalbed methane, shale gas...[Read more]

Industry

Oil & Gas Equipment & Services

IPO Date

2010-10-21

Stock Exchange

SHZ

Ticker

002490.SZ

The Current Ratio as of December 2025 (TTM) for Shandong Molong Petroleum Machinery Company Limited (002490.SZ) is 0.95

According to Shandong Molong Petroleum Machinery Company Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.95. This represents a change of -2.43% compared to the average of 0.98 of the last 4 quarters.

Shandong Molong Petroleum Machinery Company Limited (002490.SZ) Historical Current Ratio (quarterly & annually)

How has 002490.SZ Current Ratio performed in the past?

The mean historical Current Ratio of Shandong Molong Petroleum Machinery Company Limited over the last ten years is 0.66. The current 0.95 Current Ratio has changed 14.31% with respect to the historical average. Over the past ten years (40 quarters), 002490.SZ's Current Ratio was at its highest in in the March 2025 quarter at 1.02. The Current Ratio was at its lowest in in the December 2023 quarter at 0.38.

Quarterly (TTM)
Annual

Average

0.66

Median

0.64

Minimum

0.38

Maximum

1.01

Shandong Molong Petroleum Machinery Company Limited (002490.SZ) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Shandong Molong Petroleum Machinery Company Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 164.94%

Maximum Annual Current Ratio = 1.01

Minimum Annual Increase = -31.26%

Minimum Annual Current Ratio = 0.38

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.01164.94%
20230.38-31.26%
20220.55-9.65%
20210.61-11.63%
20200.699.27%
20190.64-15.56%
20180.751.24%
20170.7429.24%
20160.58-10.39%
20150.64-27.81%

Shandong Molong Petroleum Machinery Company Limited (002490.SZ) Average Current Ratio

How has 002490.SZ Current Ratio performed in the past?

The current Current Ratio of Shandong Molong Petroleum Machinery Company Limited (002490.SZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.65

5-year avg

0.65

10-year avg

0.66

Shandong Molong Petroleum Machinery Company Limited (002490.SZ) Current Ratio vs. Peers

How is 002490.SZ’s Current Ratio compared to its peers?

Shandong Molong Petroleum Machinery Company Limited’s Current Ratio is less than China Oil HBP Science & Technology Co., Ltd (1.76), less than Houpu Clean Energy Group Co., Ltd. (1.38), greater than Yunnan Coal & Energy Co.,Ltd. (0.93), less than SHENZHEN TOPRAYSOLAR Co.,Ltd. (4.57), greater than Shanxi Guoxin Energy Corporation Limited (0.59), greater than Anhui Province Natural Gas DevelopmentCo.,Ltd. (0.67), less than BOMESC Offshore Engineering Company Limited (2.49), less than Dezhou United Petroleum Technology Co.,Ltd. (3.35), less than Lanpec Technologies Limited (1.47), greater than EGing Photovoltaic Technology Co.,Ltd. (0.88),

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