Sou Hu Cai Jing·2025-06-23 08:32Company Overview - Shandong Molong Petroleum Machinery Co., Ltd. is a specialized energy equipment manufacturer and service provider, established in 1987, aiming to become a globally recognized player in the oil machinery sector [2] - The company has developed a complete industrial chain for oil machinery, including processes such as smelting, casting, steel pipe hot rolling, cold drawing, heat treatment, surface treatment, mechanical processing, inspection, and oilfield services [2] - Main products include various types of pipes, extraction equipment, precision casting products, and large valves, which are widely used in oil, natural gas, shale gas, and coal mining industries [2] Financial Performance - As of March 31, 2025, Shandong Molong reported total revenue of 291 million yuan, a year-on-year increase of 50.51% [1] - The net profit attributable to shareholders was 5.42 million yuan, reflecting a significant decrease of 97.5% year-on-year [1] - The gross profit margin stood at 9.33%, with a debt-to-asset ratio of 79.59% [1] Stock Performance - As of June 23, the stock price of Shandong Molong was 5.65 HKD per share, marking an increase of 8.65% with a trading volume of 282 million shares and a turnover of 1.58 billion HKD [1] - Over the past month, the stock has surged by 101.55%, and since the beginning of the year, it has increased by 329.75%, outperforming the Hang Seng Index's rise of 17.3% [1] Industry Valuation - The average price-to-earnings (P/E) ratio for the oil and gas industry is -2.69 times, with a median of 4.1 times [1] - Shandong Molong's P/E ratio is -14.79 times, ranking 30th in the industry [1] - Comparatively, other companies in the sector have P/E ratios such as Zhujiang Steel Pipe at 0.99 times, CGII Holdings at 4.1 times, and China National Offshore Oil Corporation at 5.78 times [1]