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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$372.96M
Enterprise ValueHK$311.72M
Total Cash (Recent Filing)HK$76.53M
Total Debt (Recent Filing)HK$143.06M
Price to Earnings (P/E)16.5
Beta-0.26
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 ProfitabilityThe company’s 2025 return to positive net income and mid‑teens ROE recovery indicate that its core service offerings can generate sustainable operating earnings. Consistent profitability supports reinvestment, creditor confidence, and long‑term viability if revenue momentum persists across contract cycles.
Improving Leverage ProfileMaterial reduction in debt-to-equity over two years strengthens financial flexibility and reduces refinancing risk. Lower leverage improves resilience to project delays and commodity cycles, enabling capital allocation toward maintenance, selective growth projects, or buffering through downturns without immediate equity dilution.
Positive Cash GenerationHigh quality earnings where FCF approximates net income show that reported profits translate into real cash. Reliable cash generation supports capex, working capital needs and debt servicing, reducing reliance on external financing and supporting sustainable operations across multi‑year oilfield service contracts.
Bears Say
Multi-year Performance VolatilityA history of several loss years across the prior cycle indicates earnings are sensitive to contract timing, pricing and demand swings. This uneven track record raises execution and earnings risk, making future profitability contingent on stable activity levels and consistent project execution over multiple quarters.
Thin Operating MarginsModest operating margins and volatile gross margin imply limited pricing power and exposure to cost or mix shifts on projects. Low margin buffers reduce downside protection versus input cost inflation or contract disputes, requiring strict cost control and higher utilization to sustain returns over time.
Inconsistent Cash Flow And FCF DeclineA meaningful year‑over‑year FCF reduction and prior years of negative cash flow highlight working‑capital and project‑timing risks. This inconsistency can strain liquidity in downturns, limit discretionary investments, and increase reliance on debt or equity if multiple projects overlap or clients delay payments.
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$372.96M.
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 23 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
―
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 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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