Shandong Molong Petroleum Machinery Co (SZSE:002490) Net Issuance of Preferred Stock : ¥0.0 Mil (TTM As of Dec. 2023)

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What is Shandong Molong Petroleum Machinery Co Net Issuance of Preferred Stock?

A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares.

Shandong Molong Petroleum Machinery Co's net issuance of preferred for the three months ended in Dec. 2023 was ¥0.0 Mil. The number is 0, which means that Shandong Molong Petroleum Machinery Co has paid equal amouunt of cash to buy back preferred shares to the amount it received for issuing preferred shares quarterly.

Shandong Molong Petroleum Machinery Co's net issuance of preferred for the trailing twelve months (TTM) ended in Dec. 2023 was ¥0.0 Mil.

Shandong Molong Petroleum Machinery Co Net Issuance of Preferred Stock Historical Data

The historical data trend for Shandong Molong Petroleum Machinery Co's Net Issuance of Preferred Stock 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 Net Issuance of Preferred Stock Chart

Shandong Molong Petroleum Machinery Co Annual Data

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Net Issuance of Preferred Stock

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Shandong Molong Petroleum Machinery Co Quarterly Data
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Shandong Molong Petroleum Machinery Co Net Issuance of Preferred Stock Calculation

A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.

Net Issuance of Preferred Stock 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 ¥0.0 Mil.

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

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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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