Petro-king Oilfield Services Limited

SEHK:2178 Stock Report

Market Cap: HK$120.9m

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 1.67 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$103.92K. The average tenure of the management team and the board of directors is 4 years and 2.4 years respectively.

Key information

Jingyu Lin

Chief executive officer

HK$1.4m

Total compensation

CEO salary percentage72.7%
CEO tenure1.7yrs
CEO ownership0.09%
Management average tenure4yrs
Board average tenure2.4yrs

Recent management updates

Recent updates

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 ($USD175.74K) is about average for companies of similar size in the Hong Kong market ($USD232.96K).

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


CEO

Jingyu Lin (50 yo)

1.7yrs

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 Director1.7yrsHK$1.37m0.086%
HK$ 103.9k
Jindong Zhao
CTO & Executive Director7.8yrsHK$1.35m0.0012%
HK$ 1.4k
Sisi Zhou
VP & Executive Directorless than a yearHK$290.00kno data
Kwok Yuen Chan
CFO & Company Secretary6.3yrsno datano data

4.0yrs

Average Tenure

50.5yo

Average Age

Experienced Management: 2178's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jingyu Lin
CEO & Executive Director1.7yrsHK$1.37m0.086%
HK$ 103.9k
Jindong Zhao
CTO & Executive Director11.9yrsHK$1.35m0.0012%
HK$ 1.4k
Sisi Zhou
VP & Executive Directorless than a yearHK$290.00kno data
Jinlong Wang
Non-Executive Chairman16.9yrsHK$378.00kno data
Dawei Zhang
Independent Non-Executive Director2.4yrsHK$283.00kno data

2.4yrs

Average Tenure

58yo

Average Age

Experienced Board: 2178's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.