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Petro-king Oilfield Services Ltd. (HK:2178)
:2178
Hong Kong Market
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Petro-king Oilfield Services Ltd. (2178) Price & Analysis

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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%)

Bulls Say, Bears Say

Bulls Say
Profitability RecoveryThe return to positive earnings in 2025 indicates a meaningful recovery from recent losses and improves the company’s ability to fund operations internally. If profitability persists, it can support stronger financial resilience, reinvestment in oilfield capabilities, and better returns for shareholders over coming quarters.
Positive Cash GenerationPositive operating and free cash flow closely aligned with net income provides evidence that reported earnings were supported by cash conversion. This strengthens liquidity, reduces reliance on external financing, and gives management greater flexibility to sustain operations and execute projects through the next business cycle.
Improving LeverageDeclining debt-to-equity improves financial flexibility and reduces the balance-sheet burden carried into future operating periods. Lower leverage can help the company withstand fluctuations in upstream activity, preserve borrowing capacity, and allocate more cash toward operations rather than debt-related obligations.
Bears Say
Uneven Profitability HistoryAlthough earnings recovered in 2025, the recent history of losses shows that profitability has not yet demonstrated consistent durability. Repeated weak years increase sensitivity to changes in oilfield activity and execution, making future earnings less predictable and potentially limiting sustained returns on capital.
Modest And Volatile MarginsA modest operating margin leaves limited room to absorb project cost increases, pricing pressure, or execution setbacks. The large year-to-year gross-margin swings also suggest that project mix, contract pricing, and cost control can materially affect earnings, reducing confidence in margin sustainability.
Cash-flow VolatilityRecent positive cash generation is encouraging, but the sharp annual decline and prior negative periods indicate that cash conversion remains cyclical and inconsistent. This volatility can complicate working-capital planning, constrain internally funded investment, and increase dependence on operating conditions remaining favorable.

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$407.50M.
      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 192 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.
          Is Petro-king Oilfield Services Ltd. overvalued?
          According to Wall Street analysts Petro-king Oilfield Services Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            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 2.03%. 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. 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

                    8
                    Outperform
                    1
                    2
                    3
                    4
                    5
                    6
                    7
                    8
                    9
                    10

                    Technicals

                    SMA
                    Positive
                    20 days / 200 days
                    Momentum
                    243.47%
                    12-Months-Change

                    Fundamentals

                    Return on Equity
                    Trailing 12-Months
                    Asset Growth
                    -1.70%
                    Trailing 12-Months
                    Learn more about TipRanks Smart Score

                    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.

                    Petro-king Oilfield Services Ltd. (2178) Earnings & Revenues

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