Shandong Molong Petroleum Machinery Co (SZSE:002490) Inventories, Work In Process: ¥0 Mil (As of Mar. 2026)


SZSE:002490 Shandong Molong Petroleum Machinery Co Ltd SZSE:002490
44 GF Score
Price ¥6.54
GF Value ¥3.85
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Shandong Molong Petroleum Machinery Co Inventories, Work In Process?

Shandong Molong Petroleum Machinery Co SZSE:002490 -6.17% 44 Inventories, Work In Process is ¥0 Mil as of Mar. 2026. GuruFocus rates SZSE:002490 with a GF Score™ of 44/100 and a GF Value™ of ¥3.85 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Shandong Molong Petroleum Machinery Co's work in process for the quarter that ended in Mar. 2026 was ¥0 Mil.

Shandong Molong Petroleum Machinery Co Inventories, Work In Process Historical Data

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The historical data trend for Shandong Molong Petroleum Machinery Co's Inventories, Work In Process 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.

Shandong Molong Petroleum Machinery Co Inventories, Work In Process Chart

Shandong Molong Petroleum Machinery Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.10 157.56 71.35 170.14 223.10

Shandong Molong Petroleum Machinery Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventories, Work In Process Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 149.19 0.00 223.10 0.00
SZSE:002490
44GF Score
Shandong Molong Petroleum Machinery Co Ltd SZSE:002490
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Molong Petroleum Machinery Co Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

What does a Inventories, Work In Process of ¥0 Mil mean?
Shandong Molong Petroleum Machinery Co (SZSE:002490) has a Inventories, Work In Process of ¥0 Mil as of Mar. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Shandong Molong Petroleum Machinery Co and its competitors.
Is Shandong Molong Petroleum Machinery Co's Inventories, Work In Process too high?
Shandong Molong Petroleum Machinery Co's current Inventories, Work In Process is ¥0 Mil. Overall, Shandong Molong Petroleum Machinery Co has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Molong Petroleum Machinery Co's Inventories, Work In Process compare to SLB and BKR?
Shandong Molong Petroleum Machinery Co's Inventories, Work In Process of ¥0 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Work In Process for an Oil & Gas company?
A good Inventories, Work In Process depends on the Oil & Gas industry context. However, Inventories, Work In Process should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Shandong Molong Petroleum Machinery Co and its competitors. Shandong Molong Petroleum Machinery Co's current Inventories, Work In Process is ¥0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Molong Petroleum Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Molong Petroleum Machinery Co (SZSE:002490) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.85, compared to a current price of ¥6.54 — trading 69.9% above its estimated fair value. The current Inventories, Work In Process is ¥0 Mil. Shandong Molong Petroleum Machinery Co's overall GF Score™ is 44/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Shandong Molong Petroleum Machinery Co (SZSE:002490), the current Inventories, Work In Process is ¥0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shandong Molong Petroleum Machinery Co (SZSE:002490) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Molong Petroleum Machinery Co stock appears to be overvalued. The current stock price of ¥6.54 is trading 69.9% above its estimated GF Value™ of ¥3.85. GuruFocus considers Shandong Molong Petroleum Machinery Co to be Significantly Overvalued.

Key valuation signals for SZSE:002490:

  • Inventories, Work In Process: ¥0 Mil
  • GF Value™: ¥3.85 vs. price of ¥6.54 (69.9% above fair value)
  • GF Score™: 44/100 with 6 warning signs

No single metric tells the full story. See the SZSE:002490 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shandong Molong Petroleum Machinery Co Business Description

Industry EnergyOil & Gas
Address No. 99 Xingshang Road, Gucheng Street, Shandong Province, Shouguang, CHN, 262700
Shandong Molong Petroleum Machinery Co Ltd is engaged in the design, research and development, processing and manufacturing, sale service, and export trade of products for the energy equipment industry. Its main products include petroleum-drilling machinery equipment, petroleum and natural gas pipeline equipment, and oil and gas exploitation equipment. These products are used in petroleum, natural gas, shale gas, coalbed methane, hydrogen energy, oil refining, coal mining machinery, boiler manufacturing, engineering machinery manufacturing, and oilfield services.
44GF Score

Get the complete analysis for SZSE:002490

Inventories, Work In Process is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥6.54
Price
¥3.85
GF Value