Petro-king Oilfield Services Limited

Petro-king Oilfield Services Limitedverified

2178.HK

Price:

$0.051

Market Cap:

$88.06M

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, Consultancy Services, and Others 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 ...[Read more]

Industry

Oil & Gas Equipment & Services

IPO Date

2013-03-06

Stock Exchange

HKSE

Ticker

2178.HK

The Current Ratio as of December 2025 (TTM) for Petro-king Oilfield Services Limited (2178.HK) is 0.98

According to Petro-king Oilfield Services Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.98. This represents a change of -3.58% compared to the average of 1.02 of the last 4 quarters.

Petro-king Oilfield Services Limited (2178.HK) Historical Current Ratio (quarterly & annually)

How has 2178.HK Current Ratio performed in the past?

The mean historical Current Ratio of Petro-king Oilfield Services Limited over the last ten years is 1.32. The current 0.98 Current Ratio has changed 7.35% with respect to the historical average. Over the past ten years (40 quarters), 2178.HK's Current Ratio was at its highest in in the June 2013 quarter at 3.29. The Current Ratio was at its lowest in in the January 2011 quarter at 0.

Quarterly (TTM)
Annual

Average

1.32

Median

1.09

Minimum

0.86

Maximum

2.46

Petro-king Oilfield Services Limited (2178.HK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Petro-king Oilfield Services Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 80.24%

Maximum Annual Current Ratio = 2.46

Minimum Annual Increase = -41.53%

Minimum Annual Current Ratio = 0.86

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.00-5.02%
20231.05-0.78%
20221.06-4.73%
20211.1118.38%
20200.948.92%
20190.86-41.53%
20181.48-19.39%
20171.83-25.52%
20162.4680.24%
20151.3611.94%

Petro-king Oilfield Services Limited (2178.HK) Average Current Ratio

How has 2178.HK Current Ratio performed in the past?

The current Current Ratio of Petro-king Oilfield Services Limited (2178.HK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.04

5-year avg

1.03

10-year avg

1.32

Petro-king Oilfield Services Limited (2178.HK) Current Ratio vs. Peers

How is 2178.HK’s Current Ratio compared to its peers?

Petro-king Oilfield Services Limited’s Current Ratio is greater than China CBM Group Company Limited (0.39), greater than China Primary Energy Holdings Limited (0.61), less than Grand Ocean Advanced Resources Company Limited (1.48), less than Vico International Holdings Limited (3.23), greater than MIE Holdings Corporation (0.48), greater than Sunshine Oilsands Ltd. (0.13), less than Jintai Energy Holdings Limited (1.23), less than Ares Asia Limited (10.05), greater than Yuan Heng Gas Holdings Limited (0.41), greater than Global Strategic Group Limited (0.25),

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