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SHANY (Shandong Molong Petroleum Machinery Co) Pre-Tax Income : $-32.9 Mil (TTM As of Jun. 2024)


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What is Shandong Molong Petroleum Machinery Co Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Shandong Molong Petroleum Machinery Co's pretax income for the three months ended in Jun. 2024 was $-6.5 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2024 was $-32.9 Mil. Shandong Molong Petroleum Machinery Co's pretax margin was -7.82%.

During the past 13 years, Shandong Molong Petroleum Machinery Co's highest Pretax Margin was 1.37%. The lowest was -41.75%. And the median was -7.30%.


Shandong Molong Petroleum Machinery Co Pre-Tax Income Historical Data

The historical data trend for Shandong Molong Petroleum Machinery Co's Pre-Tax Income 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 Pre-Tax Income Chart

Shandong Molong Petroleum Machinery Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.69 2.68 -56.84 -63.98 -77.04

Shandong Molong Petroleum Machinery Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pre-Tax Income 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 -12.37 -41.64 30.02 -6.51 -14.79

Competitive Comparison of Shandong Molong Petroleum Machinery Co's Pre-Tax Income

For the Oil & Gas Equipment & Services subindustry, Shandong Molong Petroleum Machinery Co's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shandong Molong Petroleum Machinery Co's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Shandong Molong Petroleum Machinery Co's Pre-Tax Income falls into.



Shandong Molong Petroleum Machinery Co Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Shandong Molong Petroleum Machinery Co's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-29.262+0+-16.626+0.637+-31.789
=-77.0

Shandong Molong Petroleum Machinery Co's Pretax Income for the quarter that ended in Jun. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-4.208+0+-3.535+-0.021+1.25
=-6.5

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-32.9 Mil.

* 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  (OTCPK:SHANY) Pre-Tax Income Explanation

Shandong Molong Petroleum Machinery Co's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-6.514/83.343
=-7.82%

During the past 13 years, Shandong Molong Petroleum Machinery Co's highest Pretax Margin was 1.37%. The lowest was -41.75%. And the median was -7.30%.

* 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 Pre-Tax Income Related Terms

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Shandong Molong Petroleum Machinery Co Business Description

Traded in Other Exchanges
Address
No. 99 Xingshang Road, Gucheng Street, Shandong Province, Shouguang, CHN, 262700
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.

Shandong Molong Petroleum Machinery Co Headlines

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