Hong Kong (HSI) Oil and Gas Services Industry Analysis

Industry Valuation and Performance

Has the Hong Kong Oil and Gas Services Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 30 Jun 2026	HK$56.0b	HK$136.8b	HK$1.2b	24x	45.3x	0.4x
Thu, 28 May 2026	HK$63.8b	HK$136.9b	HK$1.2b	21.8x	51.6x	0.5x
Sat, 25 Apr 2026	HK$76.2b	HK$135.4b	HK$1.2b	20.3x	61.3x	0.6x
Mon, 23 Mar 2026	HK$83.5b	HK$133.3b	HK$911.7m	14.9x	91.5x	0.6x
Wed, 18 Feb 2026	HK$77.8b	HK$133.3b	HK$853.4m	15.7x	91.2x	0.6x
Fri, 16 Jan 2026	HK$66.2b	HK$131.9b	HK$847.0m	15.1x	78.2x	0.5x
Sun, 14 Dec 2025	HK$61.9b	HK$130.0b	HK$836.1m	16.1x	74x	0.5x
Tue, 11 Nov 2025	HK$64.6b	HK$128.7b	HK$903.3m	16.4x	71.6x	0.5x
Thu, 09 Oct 2025	HK$62.4b	HK$128.7b	HK$849.9m	16.8x	73.4x	0.5x
Sat, 06 Sep 2025	HK$60.7b	HK$129.1b	HK$849.2m	17.4x	71.5x	0.5x
Mon, 04 Aug 2025	HK$59.3b	HK$126.5b	HK$1.0b	10.4x	58.1x	0.5x
Wed, 02 Jul 2025	HK$57.7b	HK$122.2b	HK$993.7m	12.3x	58.1x	0.5x
Fri, 30 May 2025	HK$54.8b	HK$121.9b	HK$1.2b	11.2x	45.3x	0.4x
Sun, 27 Apr 2025	HK$54.4b	HK$118.9b	HK$1.4b	10.6x	38.6x	0.5x
Tue, 25 Mar 2025	HK$58.3b	HK$119.8b	HK$727.0m	12.8x	80.2x	0.5x
Thu, 20 Feb 2025	HK$57.6b	HK$117.2b	HK$921.3m	10.4x	62.6x	0.5x
Sat, 18 Jan 2025	HK$56.9b	HK$116.6b	HK$917.3m	9.3x	62.1x	0.5x
Mon, 16 Dec 2024	HK$56.4b	HK$117.3b	HK$921.8m	8x	61.2x	0.5x
Wed, 13 Nov 2024	HK$55.2b	HK$118.0b	HK$927.1m	7.8x	59.5x	0.5x
Fri, 11 Oct 2024	HK$49.7b	HK$120.9b	HK$844.5m	8.7x	58.8x	0.4x
Sun, 08 Sep 2024	HK$42.5b	HK$120.8b	HK$866.9m	8.3x	49x	0.4x
Tue, 06 Aug 2024	HK$44.0b	HK$119.9b	HK$549.7m	9.4x	80x	0.4x
Thu, 04 Jul 2024	HK$43.6b	HK$118.1b	HK$544.1m	9.8x	80x	0.4x
Sat, 01 Jun 2024	HK$46.8b	HK$123.1b	HK$796.8m	9.6x	58.7x	0.4x
Mon, 29 Apr 2024	HK$46.7b	HK$123.2b	HK$797.6m	9.9x	58.6x	0.4x
Wed, 27 Mar 2024	HK$45.9b	HK$120.5b	-HK$282,760,498.21	9.8x	-162.5x	0.4x
Fri, 23 Feb 2024	HK$44.4b	HK$121.5b	-HK$62,397,988.24	9.9x	-711.5x	0.4x
Sun, 21 Jan 2024	HK$44.9b	HK$122.7b	-HK$57,402,441.00	10x	-781.8x	0.4x
Tue, 19 Dec 2023	HK$47.8b	HK$122.1b	-HK$65,027,678.00	10.5x	-735.7x	0.4x
Thu, 16 Nov 2023	HK$48.9b	HK$120.5b	-HK$60,113,637.00	10.3x	-813.2x	0.4x
Sat, 14 Oct 2023	HK$50.0b	HK$119.2b	-HK$103,279,635.00	9.1x	-484x	0.4x
Mon, 11 Sep 2023	HK$51.5b	HK$119.6b	-HK$72,354,774.00	14.8x	-711.1x	0.4x
Wed, 09 Aug 2023	HK$53.4b	HK$118.8b	-HK$1,049,834,679.00	13.5x	-50.8x	0.4x
Fri, 07 Jul 2023	HK$47.9b	HK$118.4b	-HK$1,045,573,606.00	10.9x	-45.8x	0.4x

Current Industry PE

Investors are optimistic on the Hong Kong Oil and Gas Equipment and Services industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 44.7x which is higher than its 3-year average PE of -81.0x.

The industry is trading close to its 3-year average PS ratio of 0.45x.

Past Earnings Growth

Total earnings for the Oil and Gas Equipment and Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 4.9% per year.
This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does Hong Kong Oil and Gas Services compare with similar industries?


HK Market	-3.71%
Energy	-4.35%
Energy Services	-6.73%
Oil and Gas Services	-6.80%
Oil and Gas Drilling	-6.65%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
1921 Dalipal Holdings	HK$3.11	11.5% +HK$506.0m	-44.2%	PE310.5x
3303 Jutal Offshore Oil Services	HK$0.51	4.1% +HK$49.8m	-22.7%	PE24x
2236 Wison Engineering Services	HK$0.52	2.0% +HK$40.7m	35.1%	PE12.9x
1623 Hilong Holding	HK$0.23	6.4% +HK$23.8m	n/a	PS0.07x
2178 Petro-king Oilfield Services	HK$0.15	5.6% +HK$13.8m	111.1%	PE11.3x

Company

Last Price

Valuation

1921 Dalipal Holdings

HK$3.11

11.5%
+HK$506.0m

-44.2%

PE310.5x

3303 Jutal Offshore Oil Services

HK$0.51

4.1%
+HK$49.8m

-22.7%

PE24x

2236 Wison Engineering Services

HK$0.52

2.0%
+HK$40.7m

35.1%

PE12.9x

1623 Hilong Holding

HK$0.23

6.4%
+HK$23.8m

n/a

PS0.07x

2178 Petro-king Oilfield Services

HK$0.15

5.6%
+HK$13.8m

111.1%

PE11.3x

Hilong Holding Limited Announces Board and Committee Changes, Effective June 26, 2026

Hilong Holding Limited held its 2026 annual general meeting on June 26, 2026. Mr. WONG Man Chung Francis retired as an independent non-executive director of the Company to devote more time to his own personal commitment. Mr. Wong has confirmed that he has no disagreement with the Board, and there are no matters relating to his retirement that need to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited; and Mr. YU Chung Leung has been appointed as an independent non- executive director of the Company, both with effect from the conclusion of the AGM on 26 June 2026; and following the retirement of Mr. WONG Man Chung Francis, Mr. WONG Man Chung Francis ceased to act, and Mr. YU Chung Leung has been appointed, as the chairman of the Audit Committee, a member of the Remuneration Committee and a member of the Nomination Committee with effect from the conclusion of the AGM on 26 June 2026. Mr. Yu, aged 55, has over 30 years of experience in auditing and accounting. He holds a Master of Arts in international accounting from City University of Hong Kong. Mr. Yu is a member and an authorised supervisor of the Hong Kong Institute of Certified Public Accountants. He is a fellow member of The Association of Chartered Certified Accountants, a chartered tax adviser of The Taxation Institute of Hong Kong and a practising certified public accountant in Hong Kong. He is also a member of the Process Review Panel for the Accounting and Financial Reporting Council. Mr. Yu is a partner of Lee & Yu Certified Public Accountants. He was awarded the Chief Executive's Commendation for Community Service in 2022. Mr. Yu is currently an independent non- executive director of Oshidori International Holdings Limited, Blue River Holdings Limited, Envision Greenwise Holdings Limited and Esprit Holdings Limited, and these companies are listed on The Stock Exchange of Hong Kong Limited. Mr. Yu has been an independent non-executive director of Narnia (Hong Kong) Group Company Limited, a company listed on The Stock Exchange of Hong Kong Limited and delisted on 5 May 2025, from February 2019 to April 2025. Mr. Yu does not have any relationships with any director, senior management, substantial shareholders or controlling shareholders of the Company nor does he hold other positions in the Company or other members of the Group. Mr. Yu has signed a letter of appointment with the Company for a term of three years which is terminable by either party by giving not less than one month's prior written notice, and he would be subject to the retirement by rotation and re-election at least once every three years at the annual general meeting of the Company in accordance with the provisions of the Articles of Association of the Company. Following the retirement of Mr. Wong as an independent non-executive director of the Company, Mr. Wong ceased to act as the chairman of the audit committee of the Board ("Audit Committee"), a member of the remuneration committee of the Board ("Remuneration Committee") and a member of the nomination committee of the Board ("Nomination Committee") with effect from the conclusion of the AGM on 26 June 2026. The Board further announces that Mr. Yu has been appointed as the chairman of the Audit Committee, a member of Remuneration Committee and a member of the Nomination Committee, all with effect from the conclusion of the AGM on 26 June 2026.

Hong Kong (HSI) Oil and Gas Services Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Sinopec Oilfield Service Corporation to Report First Half, 2026 Results on Aug 18, 2026

New minor risk - Share price stability

Hilong Holding Limited Announces Board and Committee Changes, Effective June 26, 2026

Less than half of directors are independent

Honghua Group Limited, Annual General Meeting, Jun 30, 2026

Founder & Executive Chairman recently bought HK$215k worth of stock

Dalipal Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 392.04 million.

Shandong Molong Petroleum Machinery Company Limited, Annual General Meeting, Jun 30, 2026

Jutal Offshore Oil Services Limited, Annual General Meeting, Jun 05, 2026

Now 21% undervalued

High number of new directors

First half 2026 earnings released: EPS: RM0.001 (vs RM0.006 loss in 1H 2025)

Full year 2025 earnings released: CN¥0.005 loss per share (vs CN¥0.011 loss in FY 2024)

Full year 2025 earnings released: CN¥0.064 loss per share (vs CN¥0.13 loss in FY 2024)