Petro-king Oilfield Services Ltd. (HK:2178)
:2178
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2178 Stock Chart & Stats
HK$0.05
>-HK$0.01(-1.59%)
At close: 4:00 PM EST
HK$0.05
>-HK$0.01(-1.59%)
Day’s Range― - ―
52-Week RangeHK$0.04 - HK$0.39
Previous CloseN/A
Volume217.00K
Average Volume (3M)666.29K
Market Cap
HK$319.43M
Enterprise ValueHK$425.69M
Total Cash (Recent Filing)HK$76.53M
Total Debt (Recent Filing)HK$143.06M
Price to Earnings (P/E)14.1
Beta-0.36
Next Earnings
Aug 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.01
Shares Outstanding1,726,674,700
10 Day Avg. Volume441,100
30 Day Avg. Volume666,290
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)0.45
Price to Sales (P/S)0.33
P/FCF Ratio2.87
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Return To ProfitabilityA return to net profitability in 2025 demonstrates the business can generate sustainable operating earnings after prior loss years. Durable profitability supports reinvestment, debt reduction and strengthens stakeholder confidence in longer-term cash generation and operational viability.
Improved LeverageMaterial improvement in leverage reduces financial strain and interest sensitivity, increasing flexibility to fund capex or withstand commodity-driven demand swings. A lower debt-to-equity ratio enhances solvency and credit optionality over the medium term.
High Cash Conversion QualityStrong cash conversion (FCF near reported net income) indicates earnings are backed by cash, improving ability to service debt, fund maintenance capex and allocate capital. This quality reduces reliance on external funding and supports durable financial health.
Bears Say
Inconsistent Multi‑year ProfitabilityRecurring loss years across 2021–2024 show earnings are cyclical and not yet reliably recurring. This uneven profitability increases execution and demand risk, complicates long-term planning, and raises the probability of future downturns reversing recent recovery.
Margin VolatilitySignificant year-to-year gross margin swings point to sensitivity to project mix, pricing and cost control. Thin operating margins mean small revenue pressure can erase profits, making sustainable margin expansion uncertain and heightening structural earnings risk.
Cash‑flow Volatility & FCF DeclineA sharp FCF decline and prior negative operating cashflow years indicate working‑capital and project timing risks. Volatile cash generation undermines consistent capital allocation, increases refinancing risk in stress periods, and reduces resilience to industry cycles.
Petro-king Oilfield Services Ltd. News
2178 FAQ
What was Petro-king Oilfield Services Ltd.’s price range in the past 12 months?
Petro-king Oilfield Services Ltd. lowest stock price was HK$0.04 and its highest was HK$0.39 in the past 12 months.
What is Petro-king Oilfield Services Ltd.’s market cap?
Petro-king Oilfield Services Ltd.’s market cap is HK$319.43M.
When is Petro-king Oilfield Services Ltd.’s upcoming earnings report date?
Petro-king Oilfield Services Ltd.’s upcoming earnings report date is Aug 24, 2026 which is in 71 days.
How were Petro-king Oilfield Services Ltd.’s earnings last quarter?
Petro-king Oilfield Services Ltd. released its earnings results on Mar 25, 2026. The company reported HK$0.02 earnings per share for the quarter, beating the consensus estimate of N/A by HK$0.02.
Is Petro-king Oilfield Services Ltd. overvalued?
According to Wall Street analysts Petro-king Oilfield Services Ltd.’s price is currently Overvalued.
Does Petro-king Oilfield Services Ltd. pay dividends?
Petro-king Oilfield Services Ltd. pays a Notavailable dividend of HK$0.045 which represents an annual dividend yield of N/A. See more information on Petro-king Oilfield Services Ltd. dividends here
What is Petro-king Oilfield Services Ltd.’s EPS estimate?
Petro-king Oilfield Services Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Petro-king Oilfield Services Ltd. have?
Petro-king Oilfield Services Ltd. has 1,726,674,700 shares outstanding.
What happened to Petro-king Oilfield Services Ltd.’s price movement after its last earnings report?
Petro-king Oilfield Services Ltd. reported an EPS of HK$0.02 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -7.463%.
Which hedge fund is a major shareholder of Petro-king Oilfield Services Ltd.?
Currently, no hedge funds are holding shares in HK:2178
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Petro-king Oilfield Services Ltd. Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
-14.08%
12-Months-Change
Fundamentals
Return on Equity
12.68%
Trailing 12-Months
Asset Growth
6.26%
Trailing 12-Months
Company Description
Petro-king Oilfield Services Ltd.
Petro-king Oilfield Services Limited, an investment holding firm, delivers oilfield technology solutions to clients across the People's Republic of China, the Middle East, and internationally. Its business operations are structured into three main segments: Oilfield Project Tools and Services, Consultancy Services, and other activities. The company provides a wide array of tools and services for oilfield projects, encompassing the formulation of development plans, expert advice on procurement, the installation of tools and equipment, and on-site project management. Petro-king also engages in the assembly and sale of specialized oilfield project tools. Furthermore, it offers integrated project management solutions that include engineering and designing comprehensive development strategies for oilfield ventures. These services extend to assisting with sourcing, managing projects related to drilling, well completion, downhole operations, oilfield equipment installation, and production enhancement. Direct on-site operational management, supervision, support, and advice are also key components of their offering. The firm also provides supervisory services, offering crucial management, oversight, and technical support across various stages of an oilfield project. In addition to its service portfolio, Petro-king actively trades oilfield tools and equipment. Founded in 2002, Petro-king Oilfield Services Limited is headquartered in Shenzhen, People's Republic of China. The company changed its name from Termbray Petro-king Oilfield Services Limited to its current designation in May 2014.
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