SHANF (Shandong Molong Petroleum Machinery Co) Asset Turnover: 0.25 (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
View Full Analysis

What is Shandong Molong Petroleum Machinery Co Asset Turnover?

Shandong Molong Petroleum Machinery Co SHANF 25 Asset Turnover is 0.25 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.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Shandong Molong Petroleum Machinery Co's Revenue for the three months ended in Mar. 2026 was $96.6 Mil. Shandong Molong Petroleum Machinery Co's Total Assets for the quarter that ended in Mar. 2026 was $392.9 Mil. Therefore, Shandong Molong Petroleum Machinery Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.25.

Asset Turnover is linked to ROE % through Du Pont Formula. Shandong Molong Petroleum Machinery Co's annualized ROE % for the quarter that ended in Mar. 2026 was 4.51%. It is also linked to ROA % through Du Pont Formula. Shandong Molong Petroleum Machinery Co's annualized ROA % for the quarter that ended in Mar. 2026 was 0.82%.


Shandong Molong Petroleum Machinery Co  (OTCPK:SHANF) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Shandong Molong Petroleum Machinery Co's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=3.24/71.8885
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3.24 / 386.476)*(386.476 / 392.9225)*(392.9225/ 71.8885)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.84 %*0.9836*5.4657
=ROA %*Equity Multiplier
=0.82 %*5.4657
=4.51 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Shandong Molong Petroleum Machinery Co's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=3.24/392.9225
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3.24 / 386.476)*(386.476 / 392.9225)
=Net Margin %*Asset Turnover
=0.84 %*0.9836
=0.82 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Shandong Molong Petroleum Machinery Co Asset Turnover Related Terms


Shandong Molong Petroleum Machinery Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Shandong Molong Petroleum Machinery Co's Asset Turnover 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 Asset Turnover Chart

Shandong Molong Petroleum Machinery Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.62 0.38 0.51 0.70

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
Asset Turnover 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 0.12 0.21 0.16 0.22 0.25

SHANF vs SLB, BKR, HAL: Asset Turnover Comparison

For the Oil & Gas Equipment & Services subindustry, Shandong Molong Petroleum Machinery Co's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Oil & Gas Industry

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

* The bar in red indicates where Shandong Molong Petroleum Machinery Co's Asset Turnover falls into.


SHANF
25GF Score
Shandong Molong Petroleum Machinery Co Ltd SHANF
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shandong Molong Petroleum Machinery Co Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Shandong Molong Petroleum Machinery Co's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=250.117/( (332.411+380.811)/ 2 )
=250.117/356.611
=0.70

Shandong Molong Petroleum Machinery Co's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=96.619/( (380.811+405.034)/ 2 )
=96.619/392.9225
=0.25

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.25 mean?
Shandong Molong Petroleum Machinery Co (SHANF) has a Asset Turnover of 0.25 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Shandong Molong Petroleum Machinery Co and its competitors.
Is Shandong Molong Petroleum Machinery Co's Asset Turnover too high?
Shandong Molong Petroleum Machinery Co's current Asset Turnover is 0.25. 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 Asset Turnover compare to SLB and BKR?
Shandong Molong Petroleum Machinery Co's Asset Turnover of 0.25 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 Asset Turnover for an Oil & Gas company?
A good Asset Turnover depends on the Oil & Gas industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Shandong Molong Petroleum Machinery Co and its competitors. Shandong Molong Petroleum Machinery Co's current Asset Turnover is 0.25. 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 Asset Turnover is 0.25. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Shandong Molong Petroleum Machinery Co (SHANF), the current Asset Turnover is 0.25 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:

  • Asset Turnover: 0.25
  • 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

Get the complete analysis for SHANF

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

$0.94
Price
$0.56
GF Value