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Petro-king Oilfield Services SEHK:2178 Stock Report

Last Price

HK$0.064

Market Cap

HK$110.5m

7D

6.7%

1Y

-8.6%

Updated

26 Apr, 2024

Data

Company Financials

Petro-king Oilfield Services Limited

SEHK:2178 Stock Report

Market Cap: HK$110.5m

2178 Stock Overview

Petro-king Oilfield Services Limited, an investment holding company, provides oilfield technology services in the People’s Republic of China, the Middle East, and internationally.

2178 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Rewards

Risk Analysis


Petro-king Oilfield Services Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Petro-king Oilfield Services
Historical stock prices
Current Share PriceHK$0.064
52 Week HighHK$0.088
52 Week LowHK$0.055
Beta0.23
1 Month Change-1.54%
3 Month Change-8.57%
1 Year Change-8.57%
3 Year Change-24.71%
5 Year Change-70.23%
Change since IPO-98.46%

Recent News & Updates

Investor Optimism Abounds Petro-king Oilfield Services Limited (HKG:2178) But Growth Is Lacking

Mar 29
Investor Optimism Abounds Petro-king Oilfield Services Limited (HKG:2178) But Growth Is Lacking

Recent updates

Investor Optimism Abounds Petro-king Oilfield Services Limited (HKG:2178) But Growth Is Lacking

Mar 29
Investor Optimism Abounds Petro-king Oilfield Services Limited (HKG:2178) But Growth Is Lacking

Some Shareholders Feeling Restless Over Petro-king Oilfield Services Limited's (HKG:2178) P/S Ratio

Dec 18
Some Shareholders Feeling Restless Over Petro-king Oilfield Services Limited's (HKG:2178) P/S Ratio

Is Petro-king Oilfield Services (HKG:2178) Weighed On By Its Debt Load?

Oct 04
Is Petro-king Oilfield Services (HKG:2178) Weighed On By Its Debt Load?

Getting In Cheap On Petro-king Oilfield Services Limited (HKG:2178) Is Unlikely

Aug 03
Getting In Cheap On Petro-king Oilfield Services Limited (HKG:2178) Is Unlikely

Is Petro-king Oilfield Services (HKG:2178) Using Too Much Debt?

Sep 05
Is Petro-king Oilfield Services (HKG:2178) Using Too Much Debt?

Petro-king Oilfield Services (HKG:2178) Is Carrying A Fair Bit Of Debt

Apr 20
Petro-king Oilfield Services (HKG:2178) Is Carrying A Fair Bit Of Debt

We Think Petro-king Oilfield Services (HKG:2178) Has A Fair Chunk Of Debt

Sep 17
We Think Petro-king Oilfield Services (HKG:2178) Has A Fair Chunk Of Debt

Is Petro-king Oilfield Services (HKG:2178) Using Debt In A Risky Way?

Apr 01
Is Petro-king Oilfield Services (HKG:2178) Using Debt In A Risky Way?

Shareholder Returns

2178HK Energy ServicesHK Market
7D6.7%-0.1%3.5%
1Y-8.6%-8.3%-9.9%

Return vs Industry: 2178 matched the Hong Kong Energy Services industry which returned -8.3% over the past year.

Return vs Market: 2178 exceeded the Hong Kong Market which returned -9.9% over the past year.

Price Volatility

Is 2178's price volatile compared to industry and market?
2178 volatility
2178 Average Weekly Movement9.8%
Energy Services Industry Average Movement7.9%
Market Average Movement7.4%
10% most volatile stocks in HK Market14.7%
10% least volatile stocks in HK Market3.6%

Stable Share Price: 2178's share price has been volatile over the past 3 months.

Volatility Over Time: 2178's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002256Jingyu Linwww.petro-king.cn

Petro-king Oilfield Services Limited, an investment holding company, provides oilfield technology services in the People’s Republic of China, the Middle East, and internationally. It operates through Oilfield Project Tools and Services and Consultancy Services segments. The company offers oilfield project tools and services, such as oilfield development plan, procurement advice, tools and equipment installation, and on-site project management services, as well as assembles and sells oilfield project tools.

Petro-king Oilfield Services Limited Fundamentals Summary

How do Petro-king Oilfield Services's earnings and revenue compare to its market cap?
2178 fundamental statistics
Market capHK$110.51m
Earnings (TTM)-HK$73.51m
Revenue (TTM)HK$315.56m

0.4x

P/S Ratio

-1.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2178 income statement (TTM)
RevenueHK$315.56m
Cost of RevenueHK$50.13m
Gross ProfitHK$265.43m
Other ExpensesHK$338.94m
Earnings-HK$73.51m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.043
Gross Margin84.11%
Net Profit Margin-23.30%
Debt/Equity Ratio98.6%

How did 2178 perform over the long term?

See historical performance and comparison
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