2178 Stock Overview
An investment holding company, provides oilfield technology services in the People’s Republic of China, the Middle East, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Petro-king Oilfield Services Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.056 |
| 52 Week High | HK$0.19 |
| 52 Week Low | HK$0.051 |
| Beta | 0.39 |
| 1 Month Change | -20.00% |
| 3 Month Change | -1.75% |
| 1 Year Change | -12.50% |
| 3 Year Change | -40.43% |
| 5 Year Change | -56.92% |
| Change since IPO | -98.65% |
Recent News & Updates
Health Check: How Prudently Does Petro-king Oilfield Services (HKG:2178) Use Debt?
Nov 26
Petro-king Oilfield Services Limited (HKG:2178) Might Not Be As Mispriced As It Looks After Plunging 25%
Sep 16Petro-king Oilfield Services (HKG:2178) Is Making Moderate Use Of Debt
Aug 21Recent updates
Health Check: How Prudently Does Petro-king Oilfield Services (HKG:2178) Use Debt?
Nov 26Petro-king Oilfield Services Limited (HKG:2178) Might Not Be As Mispriced As It Looks After Plunging 25%
Sep 16Petro-king Oilfield Services (HKG:2178) Is Making Moderate Use Of Debt
Aug 21Revenues Not Telling The Story For Petro-king Oilfield Services Limited (HKG:2178) After Shares Rise 33%
May 27Is Petro-king Oilfield Services (HKG:2178) Weighed On By Its Debt Load?
May 22Investor Optimism Abounds Petro-king Oilfield Services Limited (HKG:2178) But Growth Is Lacking
Mar 29Some Shareholders Feeling Restless Over Petro-king Oilfield Services Limited's (HKG:2178) P/S Ratio
Dec 18Is Petro-king Oilfield Services (HKG:2178) Weighed On By Its Debt Load?
Oct 04Getting In Cheap On Petro-king Oilfield Services Limited (HKG:2178) Is Unlikely
Aug 03Is Petro-king Oilfield Services (HKG:2178) Using Too Much Debt?
Sep 05Petro-king Oilfield Services (HKG:2178) Is Carrying A Fair Bit Of Debt
Apr 20We Think Petro-king Oilfield Services (HKG:2178) Has A Fair Chunk Of Debt
Sep 17Is Petro-king Oilfield Services (HKG:2178) Using Debt In A Risky Way?
Apr 01Shareholder Returns
| 2178 | HK Energy Services | HK Market | |
|---|---|---|---|
| 7D | -9.7% | -1.4% | -0.5% |
| 1Y | -12.5% | 2.9% | 19.9% |
Return vs Industry: 2178 underperformed the Hong Kong Energy Services industry which returned 2.9% over the past year.
Return vs Market: 2178 underperformed the Hong Kong Market which returned 19.9% over the past year.
Price Volatility
| 2178 volatility | |
|---|---|
| 2178 Average Weekly Movement | 16.7% |
| Energy Services Industry Average Movement | 12.4% |
| Market Average Movement | 8.8% |
| 10% most volatile stocks in HK Market | 18.6% |
| 10% least volatile stocks in HK Market | 4.1% |
Stable Share Price: 2178's share price has been volatile over the past 3 months compared to the Hong Kong market.
Volatility Over Time: 2178's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2002 | 197 | Jingyu Lin | www.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
| 2178 fundamental statistics | |
|---|---|
| Market cap | HK$96.69m |
| Earnings (TTM) | -HK$56.79m |
| Revenue (TTM) | HK$379.24m |
0.3x
P/S Ratio-1.7x
P/E RatioIs 2178 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2178 income statement (TTM) | |
|---|---|
| Revenue | HK$379.24m |
| Cost of Revenue | HK$60.12m |
| Gross Profit | HK$319.12m |
| Other Expenses | HK$375.91m |
| Earnings | -HK$56.79m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.033 |
| Gross Margin | 84.15% |
| Net Profit Margin | -14.98% |
| Debt/Equity Ratio | 92.8% |
How did 2178 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 23:34 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Petro-king Oilfield Services Limited is covered by 11 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yong Liang Por | BNP Paribas Securities (Asia) |
| null null | CCB International Securities Limited |
| Paul Rodger Snelgrove | CGS International |