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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$0.05 - HK$0.39
Previous CloseN/A
Volume217.00K
Average Volume (3M)666.29K
Market Cap
HK$543.90M
Enterprise ValueHK$398.67
Total Cash (Recent Filing)HK$76.53M
Total Debt (Recent Filing)HK$143.06M
Price to Earnings (P/E)―
Beta-0.31
Next Earnings
Mar 31, 2027EPS 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)0.44
Price to Sales (P/S)0.32
P/FCF Ratio2.78
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 ProfitabilityThe return to profitability after several loss years improves internal funding capacity and demonstrates that the operating model can generate shareholder returns. Positive ROE also provides evidence of improved capital efficiency, although durability remains to be proven.
Positive Cash GenerationPositive operating and free cash flow, with FCF about 90% of net income, supports earnings quality and gives the company funds for working capital, debt service and operations without relying as heavily on external financing.
Improving LeverageDebt-to-equity has declined from 1.02 in 2023 to 0.71 in 2025, reducing balance-sheet risk and improving resilience. Lower leverage should give Petro-king more flexibility to absorb oilfield-cycle weakness or fund necessary investment.
Bears Say
Uneven Revenue GrowthAlthough revenue rebounded 11.6% in 2025, the broader record includes declines in 2020, 2021 and 2024. This uneven demand profile suggests exposure to project timing and upstream spending cycles, making sustained growth less dependable.
Thin, Volatile MarginsOperating profit was only about 4.3% of revenue in 2025, while large year-to-year gross-margin swings indicate sensitivity to project mix, pricing and cost control. Thin and volatile margins can limit resilience when contracts or industry conditions weaken.
Inconsistent Cash ConversionDespite positive 2025 cash flow, free cash flow fell about 27% from 2024 and operating/free cash flow was negative in 2020 and 2023. This history points to working-capital or project-timing risk and makes cash conversion less predictable.
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$0.05 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$543.90M.
When is Petro-king Oilfield Services Ltd.’s upcoming earnings report date?
Petro-king Oilfield Services Ltd.’s upcoming earnings report date is Mar 31, 2027 which is in 218 days.
How were Petro-king Oilfield Services Ltd.’s earnings last quarter?
Petro-king Oilfield Services Ltd. released its earnings results on Aug 14, 2026. The company reported -HK$0.02 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
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, missing expectations of N/A. Following the earnings report the stock price went up 7.547%.
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
―
Trailing 12-Months
Asset Growth
-1.70%
Trailing 12-Months
Company Description
Petro-king Oilfield Services Ltd.
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. It also provides integrated project management services that include engineering and designing an overall development plan for an oilfield project; assisting and providing advice on sourcing; oilfield project management services in the areas of drilling, well completion, downhole operation, oilfield equipment installation, and production enhancement; and on-site operational management, supervision, support, and advice services. In addition, the company offers supervisory services that comprise management, supervision, and technical support in technical areas in various stages of the oilfield project. Further, it is involved in the trading of oilfield tools and equipment. The company was formerly known as Termbray Petro-king Oilfield Services Limited and changed its name to Petro-king Oilfield Services Limited in May 2014. Petro-king Oilfield Services Limited was founded in 2002 and is headquartered in Shenzhen, the People’s Republic of China.
Technical Analysis
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