Petro-king Oilfield Services Limited

SEHK:2178 Stock Report

Market Cap: HK$120.9m

Petro-king Oilfield Services Past Earnings Performance

Past criteria checks 0/6

Petro-king Oilfield Services has been growing earnings at an average annual rate of 42.7%, while the Energy Services industry saw earnings growing at 15% annually. Revenues have been declining at an average rate of 5.6% per year.

Key information

42.7%

Earnings growth rate

42.7%

EPS growth rate

Energy Services Industry Growth4.2%
Revenue growth rate-5.6%
Return on equity-29.6%
Net Margin-15.0%
Last Earnings Update30 Jun 2024

Recent past performance 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?

Revenue & Expenses Breakdown

How Petro-king Oilfield Services makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SEHK:2178 Revenue, expenses and earnings (HKD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 24379-5725823
31 Mar 24347-6523823
31 Dec 23316-7421924
30 Sep 23333-4121222
30 Jun 23350-820521
31 Mar 23332-1820018
31 Dec 22314-2919616
30 Jun 22161-10513921
31 Mar 22163-10013819
31 Dec 21164-9413618
30 Jun 21226-3415513
31 Mar 21267-2816514
31 Dec 20308-2117515
30 Sep 20407-9120320
30 Jun 20425-10920813
31 Mar 20451-9821013
31 Dec 19478-8721314
30 Sep 19419-31318116
30 Jun 19359-54015019
31 Mar 19309-58114516
31 Dec 18259-62314113
30 Sep 18260-41113713
30 Jun 18261-19813313
31 Mar 18274-18913714
31 Dec 17288-18014115
30 Sep 17273-31216114
30 Jun 17259-44418013
31 Mar 17326-44418512
31 Dec 16392-44318912
30 Sep 16437-44630914
30 Jun 16481-44942916
31 Mar 16556-41746818
31 Dec 15631-38450719
30 Sep 15700-40657721
30 Jun 15768-42864722
31 Mar 15737-42664323
31 Dec 14706-42364025
30 Sep 14812-14150320
30 Jun 1491914136615
31 Mar 1499116936115
31 Dec 131,06319735615

Quality Earnings: 2178 is currently unprofitable.

Growing Profit Margin: 2178 is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2178 is unprofitable, but has reduced losses over the past 5 years at a rate of 42.7% per year.

Accelerating Growth: Unable to compare 2178's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2178 is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-3.3%).


Return on Equity

High ROE: 2178 has a negative Return on Equity (-29.61%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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