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SHANF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -17.98 Med: -2.6 Max: 1.52
Current: 0.24
During the past 13 years, Shandong Molong Petroleum Machinery Co's highest Return-on-Tangible-Asset was 1.52%. The lowest was -17.98%. And the median was -2.60%.
SHANF's Return-on-Tangible-Asset is ranked worse than 60.29% of 1025
companies
in the Oil & Gas industry
Industry Median: 2.09
vs SHANF: 0.24
Shandong Molong Petroleum Machinery Co (OTCPK:SHANF) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Shandong Molong Petroleum Machinery Co Return-on-Tangible-Asset Related Terms
Shandong Molong Petroleum Machinery Co Return-on-Tangible-Asset Historical Data
* 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 Return-on-Tangible-Asset Chart
Shandong Molong Petroleum Machinery Co Annual Data
SHANF vs SLB, BKR, HAL: Return-on-Tangible-Asset Comparison
For the Oil & Gas Equipment & Services subindustry, Shandong Molong Petroleum Machinery Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Oil & Gas Industry
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.92% mean?
Shandong Molong Petroleum Machinery Co (SHANF) has a Return-on-Tangible-Asset of 0.92% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Shandong Molong Petroleum Machinery Co and its competitors. According to the industry distribution chart, Shandong Molong Petroleum Machinery Co ranks #618 out of 1025 companies in the Oil & Gas industry, placing it in the top 60.3%.
Is Shandong Molong Petroleum Machinery Co's Return-on-Tangible-Asset too high?
Shandong Molong Petroleum Machinery Co's current Return-on-Tangible-Asset is 0.92%. The Oil & Gas industry median Return-on-Tangible-Asset is 2.09. Shandong Molong Petroleum Machinery Co's value of 0.92% is 56% below this industry median. Based on the distribution chart, Shandong Molong Petroleum Machinery Co ranks #618 out of 1025 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Shandong Molong Petroleum Machinery Co has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Shandong Molong Petroleum Machinery Co's Return-on-Tangible-Asset compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Shandong Molong Petroleum Machinery Co ranks #618 out of 1025 companies for Return-on-Tangible-Asset. This places Shandong Molong Petroleum Machinery Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.09. Shandong Molong Petroleum Machinery Co's value of 0.92% is 56% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.09, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shandong Molong Petroleum Machinery Co's current Return-on-Tangible-Asset of 0.92% is 56% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Shandong Molong Petroleum Machinery Co and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Molong Petroleum Machinery Co's current Return-on-Tangible-Asset is 0.92%. 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?
Shandong Molong Petroleum Machinery Co (SHANF) has a current Return-on-Tangible-Asset of 0.92%. The stock's GF Value™ is $0.38, compared to a current price of $0.94 — trading 146.7% above its estimated fair value. The current Return-on-Tangible-Asset is 0.92% and 56% below the Oil & Gas industry median of 2.09. Shandong Molong Petroleum Machinery Co's overall GF Score™ is 45/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Shandong Molong Petroleum Machinery Co (SHANF), the current Return-on-Tangible-Asset is 0.92% 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 146.7% above its estimated GF Value™ of $0.38.
Key valuation signals for SHANF:
Return-on-Tangible-Asset: 0.92%
GF Value™: $0.38 vs. price of $0.94 (146.7% above fair value)
Industry Position: 56% below the Oil & Gas median (#618 of 1025)
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
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.
45GF Score
Get the complete analysis for SHANF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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