ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Petro-king Oilfield Services's annualizedNet Income for the quarter that ended in Dec. 2025 was HK$70.0 Mil.
Petro-king Oilfield Services's average Total Assets over the quarter that ended in Dec. 2025 was HK$642.1 Mil. Therefore, Petro-king Oilfield Services's annualized ROA % for the quarter that ended in Dec. 2025 was 10.90%.
The historical rank and industry rank for Petro-king Oilfield Services's ROA % or its related term are showing as below:
HKSE:02178'
s ROA % Range Over the Past 10 Years
Min: -49.38 Med: -9.18 Max: 3.61
Current: 3.61
During the past 13 years, Petro-king Oilfield Services's highest ROA % was 3.61%. The lowest was -49.38%. And the median was -9.18%.
HKSE:02178's ROA % is ranked better than 61.04% of 1024
companies
in the Oil & Gas industry
Industry Median: 1.93
vs HKSE:02178: 3.61
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Petro-king Oilfield Services ROA % Related Terms
Petro-king Oilfield Services ROA % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Equipment & Services subindustry, Petro-king Oilfield Services's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Petro-king Oilfield Services ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Petro-king Oilfield Services's ROA % distribution charts can be found below:
* The bar in red indicates where Petro-king Oilfield Services's ROA % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Petro-king Oilfield Services (HKSE:02178) has a ROA % of 10.90% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Petro-king Oilfield Services and its competitors. According to the industry distribution chart, Petro-king Oilfield Services ranks #399 out of 1024 companies in the Oil & Gas industry, placing it in the top 39%.
Is Petro-king Oilfield Services' ROA % too high?
Petro-king Oilfield Services' current ROA % is 10.90%. The Oil & Gas industry median ROA % is 1.93. Petro-king Oilfield Services' value of 10.90% is 464.8% above this industry median. Based on the distribution chart, Petro-king Oilfield Services ranks #399 out of 1024 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Petro-king Oilfield Services has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Petro-king Oilfield Services' ROA % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Petro-king Oilfield Services ranks #399 out of 1024 companies for ROA %. This puts Petro-king Oilfield Services in the upper half of its industry. The industry median ROA % is 1.93. Petro-king Oilfield Services' value of 10.90% is 464.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Oil & Gas company?
The median ROA % among Oil & Gas companies is 1.93, based on 1,024 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Petro-king Oilfield Services's current ROA % of 10.90% is 464.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Petro-king Oilfield Services and its competitors. For the Oil & Gas industry, the median ROA % is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petro-king Oilfield Services's current ROA % is 10.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petro-king Oilfield Services stock overvalued right now?
Based on GuruFocus' analysis, Petro-king Oilfield Services (HKSE:02178) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.06, compared to a current price of HK$0.17 — trading 183.3% above its estimated fair value. The current ROA % is 10.90% and 464.8% above the Oil & Gas industry median of 1.93. Petro-king Oilfield Services' overall GF Score™ is 29/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Petro-king Oilfield Services (HKSE:02178), the current ROA % is 10.90% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Petro-king Oilfield Services (HKSE:02178) Overvalued in 2026?
Based on GuruFocus' analysis, Petro-king Oilfield Services stock appears to be overvalued.
The current stock price of HK$0.17 is trading 183.3% above its estimated GF Value™ of HK$0.06.
GuruFocus considers Petro-king Oilfield Services to be Significantly Overvalued.
Key valuation signals for HKSE:02178:
ROA %: 10.90%
GF Value™: HK$0.06 vs. price of HK$0.17 (183.3% above fair value)
Industry Position: 464.8% above the Oil & Gas median (#399 of 1024)
No single metric tells the full story. See the HKSE:02178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Petro-king Oilfield Services Ltd provides oilfield and gas field technology services covering various stages in the life cycle of oilfields and gas fields including production enhancement, drilling, consultancy and integrated project management with auxiliary activities in the trading of oilfield and gas field related products. It has two reportable segments namely Oilfield project tools and services; and Consultancy services. Oilfield project tools and services include drilling work, production enhancement work, and well-completion work. It generates majority of its revenue from the Oilfield project tools and services segment. Geographically, the company operates in the People's Republic of China (PRC), the Middle East, and other countries, and generates majority of its revenue from PRC.
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