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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)5.07M
Market Cap
HK$409.22M
Enterprise ValueHK$398.67
Total Cash (Recent Filing)HK$24.99M
Total Debt (Recent Filing)HK$127.42M
Price to Earnings (P/E)―
Beta-0.31
Next Earnings
Mar 31, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield2.03%
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,726,674,700
10 Day Avg. Volume1,748,300
30 Day Avg. Volume5,067,231
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 positive earnings marks a meaningful improvement in operating performance after several loss-making years. If maintained, renewed profitability can strengthen internal funding, support reinvestment, and improve resilience through the next phase of the oilfield services cycle.
Positive Cash ConversionPositive operating and free cash flow, with free cash flow close to reported net income, indicates that recent earnings were supported by cash generation rather than accounting gains alone. This improves funding flexibility for operations and reduces reliance on external capital.
Improving LeverageThe reduction in debt-to-equity shows that balance-sheet leverage is moving in a favorable direction from its recent peak. Lower leverage can preserve borrowing capacity, reduce financial strain, and give the company greater flexibility to manage cyclical demand or pursue customer projects.
Bears Say
Uneven Revenue TrajectoryAlthough revenue recovered in 2025, the repeated declines across the multi-year record indicate that demand and project activity are not consistently expanding. This uneven trajectory makes future growth more dependent on upstream spending cycles and successful contract execution.
Modest, Volatile MarginsA modest operating margin leaves limited room to absorb pricing pressure, cost increases, or execution problems. The large year-to-year gross-margin swings also suggest that project mix, contract pricing, and cost control can materially affect earnings durability and make profitability harder to forecast.
Inconsistent Cash GenerationThe latest year produced positive cash flow, but the sharp year-over-year decline and prior negative periods show that cash generation remains cyclical and uneven. Such volatility can constrain self-funded investment and increase sensitivity to project timing or weaker operating conditions.
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$409.22M.
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 194 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.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
237.14%
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.
Technical Analysis
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