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← CockpitCompetitor Analysis › 0568.HK Shandong Molong Petroleum Machinery Co., Ltd. Class HOpen in the cockpit ↗

Shandong Molong Petroleum Machinery Co., Ltd. Class H0568.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Energy›Oilfield Services/Equipment
Momentum weak 28
Mkt cap
$698M
US dollars, full cap
Free float
95%
of shares outstanding
$/day
$23.8M
20-day average traded
P/B
4.63×
price to book
ROE
-17.8%
delivered
Implied ROE
23.9%
what the price asks
Close · HKDHK$3.81
1D+1.5%
1W+0.7%
1M+8.6%
3M-21.8%
6M-48.2%
YTD+20.2%
1Y-9.3%
ATR %6.0%
52w lowhigh76.7% off high

What Shandong Molong Petroleum Machinery does

Employees: 1,268

Shandong Molong Petroleum Machinery at a glance

Size Shandong Molong Petroleum Machinery (0568.HK) is a Hong Kong Energy company (Oilfield Services/Equipment) with a market value of $698M, the 674th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$3.81 on 6 Nov 2026.

Performance Over six months the shares fell 48.2%, against -20.4% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 6th lowest of 21 in its peer set.

Growth Revenue grew 58.5% over the last twelve months (peer median -6.4%); the operating margin is 0.1% (peer median 4.5%).

Valuation It trades at 4.63× book value against a peer median of 1.86× (3rd most expensive of 21).

Price implies The share price implies a return on equity of about 23.9%; Shandong Molong Petroleum Machinery delivers -17.8%, so the price asks more than the business earns today.

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 790568.HK 51
Six months, rebased to 100: Shandong Molong Petroleum Machinery against the median of its 20 peers (local-currency closes).

Shandong Molong Petroleum Machinery financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueHK$2.65BHK$1.91BHK$1.48BHK$1.45BHK$3.20B
Revenue growth—+29%+2%-55%—
Gross profitHK$281MHK$180M-HK$22.6M-HK$51.1M-HK$40.5M
EBITDAn/aHK$147MHK$18.2MHK$4.28M-HK$136M
Net income-HK$111MHK$5.59M-HK$47.4M-HK$626M-HK$494M
Free cash flow-HK$111MHK$252MHK$47.2MHK$143M-HK$23.2M
Capital expenditureHK$63.3MHK$96.0MHK$321,995HK$6.28MHK$9.85M
Total debtHK$1.98BHK$1.70BHK$1.57BHK$1.93BHK$2.49B

Quarterly statements and history in the cockpit →

Shandong Molong Petroleum Machinery competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%-25%0%+25%-40%-20%0%6330HTGAESI300084ATVIRIPUMPFET1921603727TOT688377FTKACDCCFW002554OISHMH603800DEEPINDS0568.HK6-month return →1-month return →
Up and to the right = strong over both horizons. Shandong Molong Petroleum Machinery is the large dot.

Fundamentals: return on equity against price-to-book

-20%0%20%20×40×60×6330HTGAESI300084ATVIRIPUMPFET1921603727TOT688377FTKACDCCFW002554OISHMH603800DEEPINDS0568.HKReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Shandong Molong Petroleum Machinery is the large dot.

Capital: ROE delivered against the ROE the price implies

-20%0%20%40%60%-25%0%25%50%6330HTGAESI300084ATVIRIPUMPFETFTKACDCCFW002554OIS6038000568.HKROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Shandong Molong Petroleum Machinery is the large dot.

Shandong Molong Petroleum Machinery competitors and peer comparison

How Shandong Molong Petroleum Machinery compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Shandong Molong Petroleum Machinery against its 20 peers (data as of 6 Nov 2026)
Measure0568.HKPeer medianRank in peer set
1-month return+8.6%-9.5%2nd highest of 21
6-month return-48.2%-20.4%6th lowest of 21
Return on equity-17.8%0.6%4th lowest of 21
Price / book4.63×1.86×3rd most expensive of 21
ROE the price implies23.9%13.2%5th most demanding of 21
ROE delivered-17.8%0.6%4th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Shandong Molong Petroleum Machinery 0568.HKHong Kong$698M-48%+58%-18%4.63×23.9%-17.8%
Toyo Engineering 6330.TJapan$711M-16%-31%-24%2.41×30.4%-24.3%
Hunting HTG.LUnited Kingdom$714M-25%-12%5%0.83×13.9%5.1%
Atlas Energy Solutions AESIUnited States$678M-71%-4%-12%0.63×8.1%-12.1%
Haimo Technologies 300084.SZChina$667M-31%-7%-2%3.17×32.1%-1.9%
Ashtead Technology AT..LUnited Kingdom$660M+26%+9%21%2.88×13.9%20.6%
Viridien VIRI.PAFrance$763M-16%-14%0%0.70×6.6%0.3%
ProPetro PUMPUnited States$785M-59%-6%0%0.80×8.0%0.2%
Forum Energy Technologies FETUnited States$800M+30%+11%10%2.51×16.6%9.8%
Dalipal 1921.HKHong Kong$603M-29%+3%1%2.56×8.9%0.9%
Bomesc Offshore Engineering 603727.SSChina$823M+6%-12%0%1.78×12.2%-0.5%
Total Energy Services TOT.TOCanada$851M+41%+22%15%1.88×14.7%14.6%
Nanjing Develop Advanced Manufacturing Co. Ltd. Class 1 688377.SSChina$554M-52%0%4%1.84×12.5%4.0%
Flotek Industries FTKUnited States$886M+45%+59%24%6.17×62.2%24.4%
ProFrac ACDCUnited States$547M-55%-16%-52%1.01×12.4%-52.3%
Calfrac Well Services CFW.TOCanada$506M+36%-15%10%0.96×5.1%10.0%
China Oil HBP Science & Technology 002554.SZChina$502M-28%-29%-23%1.81×16.6%-22.7%
Oil States International OISUnited States$499M-4%-1%-17%0.85×9.9%-16.8%
HMH HMHUnited States$482M-49%-10%9%2.29×10.7%8.8%
Jiangsu Hongtian Technology 603800.SSChina$1.11B-32%-27%-12%9.29×120.0%-11.6%
Deep Industries DEEPINDS.NSIndia$433M+38%+41%11%1.91×15.1%10.6%

Questions

Which companies are Shandong Molong Petroleum Machinery's closest peers?
The cockpit's peer set: Toyo Engineering (6330.T), Hunting (HTG.L), Atlas Energy Solutions (AESI), Haimo Technologies (300084.SZ), Ashtead Technology (AT..L), Viridien (VIRI.PA), ProPetro (PUMP), Forum Energy Technologies (FET).
Is Shandong Molong Petroleum Machinery expensive compared with its peers?
On price / book it trades at 4.63× against a peer median of 1.86×, 3rd most expensive of 21 in its peer set. The share price implies a return on equity of about 23.9%; Shandong Molong Petroleum Machinery delivers -17.8%, so the price asks more than the business earns today.
How has Shandong Molong Petroleum Machinery stock performed?
Over six months to 6 Nov 2026 the shares returned -48.2% against -20.4% for the median peer; over one year -9.3%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.