Loading...
2178 logo

Petro-king Oilfield Services LimitedSEHK:2178 Stock Report

Market Cap HK$110.5m
Share Price
HK$0.064
My Fair Value
HK$0.57
88.7% undervalued intrinsic discount
1Y-4.5%
7D4.9%
Portfolio Value
View

Petro-king Oilfield Services Limited

SEHK:2178 Stock Report

Market Cap: HK$110.5m

Petro-king Oilfield Services (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

2178 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

2178 Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

Petro-king Oilfield Services Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Petro-king Oilfield Services
Historical stock prices
Current Share PriceHK$0.064
52 Week HighHK$0.15
52 Week LowHK$0.04
Beta0.47
1 Month Change-7.25%
3 Month Change-8.57%
1 Year Change-4.48%
3 Year Change-15.79%
5 Year Change-35.35%
Change since IPO-98.46%

Recent News & Updates

Investors Still Aren't Entirely Convinced By Petro-king Oilfield Services Limited's (HKG:2178) Revenues Despite 78% Price Jump

Jul 15
Investors Still Aren't Entirely Convinced By Petro-king Oilfield Services Limited's (HKG:2178) Revenues Despite 78% Price Jump

Not Many Are Piling Into Petro-king Oilfield Services Limited (HKG:2178) Stock Yet As It Plummets 41%

Apr 16
Not Many Are Piling Into Petro-king Oilfield Services Limited (HKG:2178) Stock Yet As It Plummets 41%

Recent updates

Investors Still Aren't Entirely Convinced By Petro-king Oilfield Services Limited's (HKG:2178) Revenues Despite 78% Price Jump

Jul 15
Investors Still Aren't Entirely Convinced By Petro-king Oilfield Services Limited's (HKG:2178) Revenues Despite 78% Price Jump

Not Many Are Piling Into Petro-king Oilfield Services Limited (HKG:2178) Stock Yet As It Plummets 41%

Apr 16
Not Many Are Piling Into Petro-king Oilfield Services Limited (HKG:2178) Stock Yet As It Plummets 41%

Market Might Still Lack Some Conviction On Petro-king Oilfield Services Limited (HKG:2178) Even After 28% Share Price Boost

Feb 18
Market Might Still Lack Some Conviction On Petro-king Oilfield Services Limited (HKG:2178) Even After 28% Share Price Boost

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?

Shareholder Returns

2178HK Energy ServicesHK Market
7D4.9%7.3%3.0%
1Y-4.5%15.4%30.2%

Return vs Industry: 2178 underperformed the Hong Kong Energy Services industry which returned 15.4% over the past year.

Return vs Market: 2178 underperformed the Hong Kong Market which returned 30.2% over the past year.

Price Volatility

Is 2178's price volatile compared to industry and market?
2178 volatility
2178 Average Weekly Movement6.8%
Energy Services Industry Average Movement6.9%
Market Average Movement7.2%
10% most volatile stocks in HK Market15.3%
10% least volatile stocks in HK Market3.4%

Stable Share Price: 2178 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 2178's weekly volatility has decreased from 20% to 7% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002191Jingyu 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$29.19m
Revenue (TTM)HK$240.08m
0.5x
P/S Ratio
-3.8x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2178 income statement (TTM)
RevenueHK$240.08m
Cost of RevenueHK$35.38m
Gross ProfitHK$204.70m
Other ExpensesHK$233.89m
Earnings-HK$29.19m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.017
Gross Margin85.26%
Net Profit Margin-12.16%
Debt/Equity Ratio88.1%

How did 2178 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/27 22:48
End of Day Share Price 2025/10/27 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Petro-king Oilfield Services Limited is covered by 8 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
null nullCCB International Securities Limited
Paul Rodger SnelgroveCGS International
Aditya SureshMacquarie Research