Shandong Molong Petroleum Machinery Co (SZSE:002490) 3-Year Book Growth Rate : -39.70% (As of Dec. 2023)

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What is Shandong Molong Petroleum Machinery Co 3-Year Book Growth Rate?

Shandong Molong Petroleum Machinery Co's Book Value per Share for the quarter that ended in Dec. 2023 was ¥0.53.

During the past 12 months, Shandong Molong Petroleum Machinery Co's average Book Value per Share Growth Rate was -58.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was -39.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was -24.20% per year. During the past 10 years, the average Book Value per Share Growth Rate was -13.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Shandong Molong Petroleum Machinery Co was 62.50% per year. The lowest was -39.70% per year. And the median was -1.45% per year.

Competitive Comparison of Shandong Molong Petroleum Machinery Co's 3-Year Book Growth Rate

For the Oil & Gas Equipment & Services subindustry, Shandong Molong Petroleum Machinery Co's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Shandong Molong Petroleum Machinery Co's 3-Year Book Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shandong Molong Petroleum Machinery Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Shandong Molong Petroleum Machinery Co's 3-Year Book Growth Rate falls into.

Shandong Molong Petroleum Machinery Co 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Shandong Molong Petroleum Machinery Co (SZSE:002490) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Shandong Molong Petroleum Machinery Co 3-Year Book Growth Rate Related Terms

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Shandong Molong Petroleum Machinery Co (SZSE:002490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shandong Molong Petroleum Machinery Co Ltd (SZSE:002490) » Definitions » 3-Year Book Growth Rate

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SHANY:USA SHANF:USA 00568:Hong Kong

Address

No. 99 Xingshang Road, Gucheng Street, Shandong Province, Shouguang, CHN, 262700

Website

http://www.molonggroup.com

Shandong Molong Petroleum Machinery Co Ltd is mainly engaged in design, research and development, processing and manufacturing, sales service and export trade of products for the energy equipment industry. The main products included petroleum-drilling machinery equipment, petroleum and natural gas transportation equipment, petroleum and natural gas exploitation equipment, and major critical components and castings and forgings products. The company's products are mainly used in petroleum, natural gas, coalbed methane, shale gas and other energy drilling, machinery processing, and urban pipe network. The sales of pipe products accounted for over 80% of the company's revenue.

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