Petro-king Oilfield Services Limited

SEHK:2178 Stock Report

Market Cap: HK$91.5m

Petro-king Oilfield Services Management

Management criteria checks 2/4

Petro-king Oilfield Services' CEO is Jingyu Lin, appointed in Mar 2023, has a tenure of 1.75 years. total yearly compensation is HK$1.37M, comprised of 72.7% salary and 27.3% bonuses, including company stock and options. directly owns 0.086% of the company’s shares, worth HK$78.68K. The average tenure of the management team and the board of directors is 4.1 years and 2.5 years respectively.

Key information

Jingyu Lin

Chief executive officer

HK$1.4m

Total compensation

CEO salary percentage72.7%
CEO tenure1.8yrs
CEO ownership0.09%
Management average tenure4.1yrs
Board average tenure2.5yrs

Recent management updates

Recent updates

Health Check: How Prudently Does Petro-king Oilfield Services (HKG:2178) Use Debt?

Nov 26
Health Check: How Prudently Does Petro-king Oilfield Services (HKG:2178) Use Debt?

Petro-king Oilfield Services Limited (HKG:2178) Might Not Be As Mispriced As It Looks After Plunging 25%

Sep 16
Petro-king Oilfield Services Limited (HKG:2178) Might Not Be As Mispriced As It Looks After Plunging 25%

Petro-king Oilfield Services (HKG:2178) Is Making Moderate Use Of Debt

Aug 21
Petro-king Oilfield Services (HKG:2178) Is Making Moderate Use Of Debt

Revenues Not Telling The Story For Petro-king Oilfield Services Limited (HKG:2178) After Shares Rise 33%

May 27
Revenues Not Telling The Story For Petro-king Oilfield Services Limited (HKG:2178) After Shares Rise 33%

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

May 22
Is Petro-king Oilfield Services (HKG:2178) Weighed On By Its Debt Load?

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?

CEO Compensation Analysis

How has Jingyu Lin's remuneration changed compared to Petro-king Oilfield Services's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-HK$57m

Mar 31 2024n/an/a

-HK$65m

Dec 31 2023HK$1mHK$995k

-HK$74m

Compensation vs Market: Jingyu's total compensation ($USD176.12K) is about average for companies of similar size in the Hong Kong market ($USD231.18K).

Compensation vs Earnings: Insufficient data to compare Jingyu's compensation with company performance.


CEO

Jingyu Lin (50 yo)

1.8yrs

Tenure

HK$1,368,000

Compensation

Mr. Jingyu Lin serves as Chief Executive Officer and Executive Director of Petro-king Oilfield Services Limited since March 22, 2023. Mr. Lin is currently a Director, the General Manager and the legal Repr...


Leadership Team

NamePositionTenureCompensationOwnership
Jingyu Lin
CEO & Executive Director1.8yrsHK$1.37m0.086%
HK$ 78.7k
Jindong Zhao
CTO & Executive Director7.8yrsHK$1.35m0.0012%
HK$ 1.1k
Sisi Zhou
VP & Executive Directorless than a yearHK$290.00kno data
Kwok Yuen Chan
CFO & Company Secretary6.4yrsno datano data

4.1yrs

Average Tenure

50.5yo

Average Age

Experienced Management: 2178's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jingyu Lin
CEO & Executive Director1.8yrsHK$1.37m0.086%
HK$ 78.7k
Jindong Zhao
CTO & Executive Director12yrsHK$1.35m0.0012%
HK$ 1.1k
Sisi Zhou
VP & Executive Directorless than a yearHK$290.00kno data
Jinlong Wang
Non-Executive Chairman17yrsHK$378.00kno data
Dawei Zhang
Independent Non-Executive Director2.5yrsHK$283.00kno data

2.5yrs

Average Tenure

58yo

Average Age

Experienced Board: 2178's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 20:33
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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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.

AnalystInstitution
Yong Liang PorBNP Paribas Securities (Asia)
null nullCCB International Securities Limited
Paul Rodger SnelgroveCGS International