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Shandong Molong Petroleum Machinery Company Limited (China)

Main Activities: Oil and Gas Pipeline and Related Structures Construction | Measuring, Dispensing, and Other Pumping Equipment Manufacturing
Full name: Shandong Molong Petroleum Machinery Company Limited Profile Updated: April 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

The company was established in December 2001 on the basis of overall restructuring of Shandong Molong Group Corporation according to Shandong Province Economic Restructuring Economic System Reform Commission’s No. [1994] 201 Document and approved by Shouguang City Administration of Industry and Commerce. It changed its name from Weifang Molong Industrial Company on June 30, 1994. It is a collective-owned enterprise. It was formerly Shouguang County Petroleum Machinery Parts Factory, which was established in March, 1987 and mainly engaged in the manufacture and sale of oil mechanical parts..

Headquarters
999 Wensheng Street Shouguang City Shandong
Shouguang; Shandong; Postal Code: 262700

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Website: http://www.molonggroup.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
December 30, 2001
Key Executives
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Chairman
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General Manager
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Deputy General Manager
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Deputy General Manager
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Independent Director
Ownership Details
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29.53%
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13.19%
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8.23%
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3.99%
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3.86%
Subsidiaries
Shandong Molong Import and Export Co., Ltd.
100%
Shandong Molong Trading Co., Ltd.
100%
Shouguang Maolong New Material Technology Development Co., Ltd.
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
142.6%
Total operating revenue
142.6%
Operating profit (EBIT)
-102.63%
Net Profit (Loss) for the Period
-185.33%
Total assets
-16.89%
Total equity
-19.99%
Operating Profit Margin (ROS)
3.56%
Net Profit Margin
-3.85%
Return on Equity (ROE)
-27.88%
Debt to Equity Ratio
27.65%
Quick Ratio
-0.13%
Cash Ratio
-0.12%

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