0.19
+2.76%
Close of 9 Nov 2026, in HKD
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About Petro-king Oilfield Services
Its shares trade on HKEX under the ticker 2178.HK. It has been listed since 6 March 2013. In the fiscal year to 31 December 2025, it reported revenue of HK$273.7m and net income of HK$23.2m. At that date it held total assets of HK$683.2m and shareholders' equity of HK$201.6m.
Petro-king Oilfield Services Ltd. operates as an investment holding company, which engages in the provision of oilfield services, specializing in well drilling and completion. The company is headquartered in Shenzhen, Guangdong. The company went IPO on 2013-03-06. The firm operates its business through three segments: Oilfield Project Services segment, Consultancy Services segment and Manufacturing and Sales of Tools and Equipment segment. The firm operates its business in Mainland China, South America, Singapore, the Middle East and Australia.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Energy
- Industry
- Energy Equipment & Services
- Listed since
- 6 Mar 2013
- Employees
- 255
- Website
- petro-king.cn ↗
Leadership
Pay as last reported
- Mr. Jinlong WangNon-Executive Chairman of the Board, since 2007HK$1.6m
- Mr. Jingyu LinChief Executive Officer, Executive Director
- Mr. Kwok Yuen ChanChief Financial Officer, Company Secretary
- Mr. Yuxin PanVice President
- Ms. Jinxia SunVice President
- Mr. Qingfan XieVice President, Chief Engineer
- Mr. Fucun YuanVice President
- Mr. Taiyuan ZhangVice President
- Mr. Jindong ZhaoExecutive Director, since 2012HK$929,455
- Ms. Sisi ZhouExecutive Director, since 2023
- Mr. Lin Cheong LeungIndependent Non-Executive Director
- Mr. Junhe XinIndependent Non-Executive Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Petro-king Oilfield Services Ltd. provides well drilling and completion services in Mainland China and South America.
- The company employs 255 full-time employees across multiple segments including Manufacturing and Sales.
- Operating in diverse regions like the Middle East and Australia enhances market reach.
Weaknesses
- Limited presence in North America and Europe restricts global expansion opportunities.
- Dependence on oilfield services may lead to vulnerability during energy market downturns.
- The company's IPO in 2013 may indicate limited recent capital investment.
Opportunities
- Growing demand for oilfield services in South America and the Middle East presents expansion potential.
- Increasing energy needs in Australia could drive higher demand for drilling services.
- Consultancy Services segment can leverage expertise to enter new markets.
Threats
- Energy market volatility may impact revenue from oilfield services.
- Competition from established firms in the Middle East could challenge market share.
- Economic instability in South America might affect project execution and profitability.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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