Petro-king Oilfield Services (HKSE:02178) Inventories, Work In Process: HK$0.0 Mil (As of Dec. 2025)


HKSE:02178 Petro-king Oilfield Services Ltd HKSE:02178
29 GF Score
Price HK$0.17
GF Value HK$0.06
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Petro-king Oilfield Services Inventories, Work In Process?

Petro-king Oilfield Services HKSE:02178 -5.56% 29 Inventories, Work In Process is HK$0.0 Mil 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.

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Petro-king Oilfield Services's work in process for the quarter that ended in Dec. 2025 was HK$0.0 Mil.


Petro-king Oilfield Services Inventories, Work In Process Historical Data

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The historical data trend for Petro-king Oilfield Services's Inventories, Work In Process 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 Inventories, Work In Process Chart

Petro-king Oilfield Services Annual Data
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Petro-king Oilfield Services Semi-Annual Data
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HKSE:02178
29GF Score
Petro-king Oilfield Services Ltd HKSE:02178
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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Petro-king Oilfield Services Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

What does a Inventories, Work In Process of HK$0.0 Mil mean?
Petro-king Oilfield Services (HKSE:02178) has a Inventories, Work In Process of HK$0.0 Mil as of Dec. 2025. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Petro-king Oilfield Services and its competitors.
Is Petro-king Oilfield Services' Inventories, Work In Process too high?
Petro-king Oilfield Services' current Inventories, Work In Process is HK$0.0 Mil. 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' Inventories, Work In Process compare to SLB and BKR?
Petro-king Oilfield Services' Inventories, Work In Process of HK$0.0 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Work In Process for an Oil & Gas company?
A good Inventories, Work In Process depends on the Oil & Gas industry context. However, Inventories, Work In Process should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Petro-king Oilfield Services and its competitors. Petro-king Oilfield Services's current Inventories, Work In Process is HK$0.0 Mil. 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 Inventories, Work In Process is HK$0.0 Mil. 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 Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Petro-king Oilfield Services (HKSE:02178), the current Inventories, Work In Process is HK$0.0 Mil 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:

  • Inventories, Work In Process: HK$0.0 Mil
  • GF Value™: HK$0.06 vs. price of HK$0.17 (183.3% above fair value)
  • GF Score™: 29/100 with 5 warning signs

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

Get the complete analysis for HKSE:02178

Inventories, Work In Process 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