Shandong Molong Petroleum Machinery Co (SZSE:002490) Other Income (Expense) : ¥30.4 Mil (TTM As of Dec. 2023)

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What is Shandong Molong Petroleum Machinery Co Other Income (Expense)?

Shandong Molong Petroleum Machinery Co's other income expense for the Shandong Molong Petroleum Machinery Co's pretax income for the three months ended in Dec. 2023 was ¥-236.7 Mil. Its other income expense for the trailing twelve months (TTM) ended in Dec. 2023 was ¥30.4 Mil.

Shandong Molong Petroleum Machinery Co Other Income (Expense) Historical Data

The historical data trend for Shandong Molong Petroleum Machinery Co's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Shandong Molong Petroleum Machinery Co Other Income (Expense) Chart

Shandong Molong Petroleum Machinery Co Annual Data

Trend

Dec14

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Dec22

Dec23

Other Income (Expense)

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-59.65

312.32

-100.52

-7.41

-239.39

Shandong Molong Petroleum Machinery Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Income (Expense)	Get a 7-Day Free Trial															0.15	0.03	-2.85	-236.72	269.97

Shandong Molong Petroleum Machinery Co Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥30.4 Mil.

Shandong Molong Petroleum Machinery Co (SZSE:002490) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

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 » Other Income (Expense)

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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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