6.70
-0.89%
Close of 9 Nov 2026, in CNY
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Shandong Molong Petroleum Machinery Co
Its shares trade on Shenzhen under the ticker 002490.SZ. It has been listed since 7 February 2007. In the fiscal year to 31 December 2025, it reported revenue of CN¥1.76bn and net income of CN¥5.2m. At that date it held total assets of CN¥2.68bn and shareholders' equity of CN¥497.9m.
Shandong Molong Petroleum Machinery Co Ltd is a CN-based company operating in Energy Equipment & Services industry. The company is headquartered in Weifang, Shandong. The company went IPO on 2007-02-07. Shandong Molong Petroleum Machinery Co., Ltd is a China-based company principally engaged in the research and development, manufacture and sales of professional equipment used in energy industry. The Company’s products are categorized into three types: pipe products, three pumping equipment and petroleum machinery, which include parts pumps, sucker rods, pumping units, tubing, petroleum machineries, textile machinery, petroleum equipment and accessories, high-voltage isolation switches, high voltage electrical appliances and pressure equipment sets. The firm distributes its products within domestic market and to overseas markets.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Energy
- Industry
- Energy Equipment & Services
- Listed since
- 7 Feb 2007
- Employees
- 3,213
- Website
- molonggroup.com ↗
Leadership
Pay as last reported
- Mr. Gaogui HanChairman, General Manager, Executive Director, since 2024
- Ms. Lin ZhuChief Financial Officer
- Mr. Guangjie SongDeputy General Manager, Executive Director, since 2024
- Mr. Tao WangDeputy General Manager, Director, since 2024
- Mr. Mogang BaoDeputy General Manager
- Mr. Leifang HanDeputy General Manager
- Mr. Zhongwen WangDeputy General Manager
- Mr. Rui YuanExecutive Director, since 2020
- Mr. Xiaotong ZhaoSecretary of the Board
- Mr. Bingde HuangNon-Executive Director
- Ms. Min ZhangNon-Executive Director
- Mr. Shaohua DongIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Shandong Molong Petroleum Machinery Co Ltd has several strengths that give it a competitive edge in the industry. These strengths include: 1. Strong market presence: With a well-established reputation and a wide customer base, the company holds a significant market share in the petroleum machinery industry. 2. Technological expertise: The company has a team of skilled engineers and technicians who possess extensive knowledge and expertise in developing advanced petroleum machinery solutions. 3. Robust product portfolio: Shandong Molong offers a diverse range of high-quality products, including drilling rigs, pumps, and other related equipment, catering to various customer needs. 4. Strong financial performance: The company has demonstrated consistent financial growth over the years, enabling it to invest in research and development, and expand its operations. 5. Strong customer relationships: By providing excellent customer service and support, Shandong Molong has built long-term relationships with its clients, resulting in repeat business and a loyal customer base.
Weaknesses
- Despite its strengths, Shandong Molong Petroleum Machinery Co Ltd also faces certain weaknesses that need to be addressed to maintain its competitive position: 1. Limited geographical presence: The company's operations are primarily focused on the domestic market, which may expose it to risks associated with local economic conditions and regulatory changes. 2. Dependency on the petroleum industry: The company's success is closely tied to the performance of the petroleum industry, making it vulnerable to fluctuations in oil prices and market demand. 3. Limited brand recognition: Compared to some of its international competitors, Shandong Molong's brand may have limited recognition in global markets, affecting its ability to expand overseas. 4. Need for innovation: To stay competitive in the rapidly evolving market, the company needs to continuously invest in research and development to introduce innovative products and solutions.
Opportunities
- Shandong Molong Petroleum Machinery Co Ltd can capitalize on the following opportunities to further strengthen its position: 1. Emerging markets: Expanding into emerging markets with growing oil and gas industries provides an opportunity for the company to increase its customer base and revenue. 2. Energy transition: The global shift towards renewable energy sources opens doors for the company to diversify its offerings to include equipment and technologies related to clean energy production. 3. Technological advancements: Keeping up with technological advancements such as automation, digitalization, and IoT can enable the company to develop innovative solutions and improve operational efficiency. 4. Strategic partnerships: Collaborating with strategic partners, such as oil companies or technology firms, can provide access to new expertise, markets, and resources.
Threats
- Shandong Molong Petroleum Machinery Co Ltd faces certain threats that could potentially impact its business in the future: 1. Intense competition: The petroleum machinery industry is highly competitive, with both domestic and international players vying for market share, which puts pressure on prices and profitability. 2. Economic uncertainties: Global economic fluctuations and political instability can impact the demand and investment in the oil and gas industry, affecting the company's revenue and growth potential. 3. Regulatory changes: Changes in government policies and regulations related to the energy sector can impose new compliance requirements and impact the business environment. 4. Environmental concerns: Increasing awareness and focus on environmental sustainability may lead to stricter regulations and a shift towards cleaner energy alternatives, potentially reducing the demand for traditional oil and gas equipment.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.