Petro-king Oilfield Services (HKSE:02178) ROCE %: 35.25% (As of Dec. 2025)

What is Petro-king Oilfield Services ROCE %?

Petro-king Oilfield Services HKSE:02178 +3.68% 29 ROCE % is 35.25% as of Dec. 2025. GuruFocus rates HKSE:02178 with a GF Score™ of 29/100 and a GF Value™ of HK$0.06 (Significantly Overvalued). The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Petro-king Oilfield Services's annualized ROCE % for the quarter that ended in Dec. 2025 was 35.25%.

Petro-king Oilfield Services (HKSE:02178) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Petro-king Oilfield Services ROCE % Related Terms

Petro-king Oilfield Services ROCE % Historical Data

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The historical data trend for Petro-king Oilfield Services's ROCE % can be seen below:

* 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.

Petro-king Oilfield Services ROCE % Chart

Petro-king Oilfield Services Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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-18.01

-4.20

-16.71

-0.18

14.89

Petro-king Oilfield Services Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
ROCE %	Get a 7-Day Free Trial															-29.41	6.08	-7.11	-4.78	35.25

29GF Score

Petro-king Oilfield Services Ltd HKSE:02178

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Petro-king Oilfield Services ROCE % Calculation

Petro-king Oilfield Services's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	35.294	/	( ( (642.939 - 417.096)	+	(683.188 - 434.825) )	/ 2 )
	=	35.294	/	( (225.843	+	248.363)	/ 2 )
	=	35.294	/	237.103
	=	14.89 %

Petro-king Oilfield Services's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2025 )		(Q: Jun. 2025 )		(Q: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2025 )		(Q: Jun. 2025 )		(Q: Dec. 2025 )
	=	81.048	/	( ( (601.007 - 389.475)	+	(683.188 - 434.825) )	/ 2 )
	=	81.048	/	( ( 211.532	+	248.363 )	/ 2 )
	=	81.048	/	229.9475
	=	35.25 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 35.25% mean?

Petro-king Oilfield Services (HKSE:02178) has a ROCE % of 35.25% as of Dec. 2025.

Is Petro-king Oilfield Services' ROCE % too high?

Petro-king Oilfield Services' current ROCE % is 35.25%. The Oil & Gas industry median ROCE % is 6.86. Petro-king Oilfield Services' value of 35.25% is 414.2% above this industry median. 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' ROCE % compare to SLB and BKR?

Petro-king Oilfield Services' ROCE % of 35.25% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.86. Petro-king Oilfield Services' value of 35.25% is 414.2% 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 ROCE % for an Oil & Gas company?

The median ROCE % among Oil & Gas companies is 6.86, based on 978 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Petro-king Oilfield Services's current ROCE % of 35.25% is 414.2% 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petro-king Oilfield Services's current ROCE % is 35.25%. 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 181.7% above its estimated fair value. The current ROCE % is 35.25% and 414.2% above the Oil & Gas industry median of 6.86. 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 ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Petro-king Oilfield Services (HKSE:02178), the current ROCE % is 35.25% 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 181.7% 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:

ROCE %: 35.25%
GF Value™: HK$0.06 vs. price of HK$0.17 (181.7% above fair value)
GF Score™: 29/100 with 5 warning signs
Industry Position: 414.2% above the Oil & Gas median

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 Business Description

Industry Energy Oil & Gas

Comparable Companies HKSE:01080 HKSE:01623 HKSE:01156 HKSE:00353 HKSE:00206 HKSE:03303 HKSE:00196 SLB BKR MIL:TEN HAL FTI SZSE:002353 OSL:SUBC MIL:SPM XPAR:GTT KGS AROC NOV XPAR:TE

Address No. 3 Haide Road, Tiley Central Plaza, Room 705-710, 7th Floor, Tower A, Nanshan District, Guangdong, Shenzhen, CHN, 518054

Website http://www.petro-king.cn

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.

29GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.17

Price

HK$0.06

GF Value

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