SHANF (Shandong Molong Petroleum Machinery Co) Construction In Progress: $0.0 Mil (As of Mar. 2026)


SHANF Shandong Molong Petroleum Machinery Co Ltd SHANF
25 GF Score
Price $0.94
GF Value $0.56
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Shandong Molong Petroleum Machinery Co Construction In Progress?

Shandong Molong Petroleum Machinery Co SHANF 25 Construction In Progress is $0.0 Mil as of Mar. 2026. GuruFocus rates SHANF with a GF Score™ of 25/100 and a GF Value™ of $0.56 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Shandong Molong Petroleum Machinery Co's quarterly construction in progress increased from Sep. 2025 ($0.0 Mil) to Dec. 2025 ($0.0 Mil) and increased from Dec. 2025 ($0.0 Mil) to Mar. 2026 ($0.0 Mil).

Shandong Molong Petroleum Machinery Co's annual construction in progress declined from Dec. 2023 ($0.3 Mil) to Dec. 2024 ($0.0 Mil) but then increased from Dec. 2024 ($0.0 Mil) to Dec. 2025 ($0.0 Mil).

Shandong Molong Petroleum Machinery Co Construction In Progress Historical Data

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The historical data trend for Shandong Molong Petroleum Machinery Co's Construction In Progress 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 Construction In Progress Chart

Shandong Molong Petroleum Machinery Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.58 0.04 0.31 0.00 0.02

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
Construction In Progress 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 0.01 0.01 0.02 0.02
SHANF
25GF Score
Shandong Molong Petroleum Machinery Co Ltd SHANF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Molong Petroleum Machinery Co Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $0.0 Mil mean?
Shandong Molong Petroleum Machinery Co (SHANF) has a Construction In Progress of $0.0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Shandong Molong Petroleum Machinery Co and its competitors.
Is Shandong Molong Petroleum Machinery Co's Construction In Progress too high?
Shandong Molong Petroleum Machinery Co's current Construction In Progress is $0.0 Mil. Overall, Shandong Molong Petroleum Machinery Co has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Molong Petroleum Machinery Co's Construction In Progress compare to SLB and BKR?
Shandong Molong Petroleum Machinery Co's Construction In Progress of $0.0 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 Construction In Progress for an Oil & Gas company?
A good Construction In Progress depends on the Oil & Gas industry context. However, Construction In Progress 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 Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Shandong Molong Petroleum Machinery Co and its competitors. Shandong Molong Petroleum Machinery Co's current Construction In Progress is $0.0 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 (SHANF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.56, compared to a current price of $0.94 — trading 67.4% above its estimated fair value. The current Construction In Progress is $0.0 Mil. Shandong Molong Petroleum Machinery Co's overall GF Score™ is 25/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Shandong Molong Petroleum Machinery Co (SHANF), the current Construction In Progress is $0.0 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 (SHANF) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Molong Petroleum Machinery Co stock appears to be overvalued. The current stock price of $0.94 is trading 67.4% above its estimated GF Value™ of $0.56. GuruFocus considers Shandong Molong Petroleum Machinery Co to be Significantly Overvalued.

Key valuation signals for SHANF:

  • Construction In Progress: $0.0 Mil
  • GF Value™: $0.56 vs. price of $0.94 (67.4% above fair value)
  • GF Score™: 25/100 with 6 warning signs

No single metric tells the full story. See the SHANF 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.
25GF Score

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

$0.94
Price
$0.56
GF Value