Foran Energy Group Co Ltd
Foran Energy Group Co., Ltd. transports and sells natural gas in China. The company engages in the provision of energy services, such as petrochemical products, hydrogen energy, thermal energy, photovoltaics, and energy storage; research, development, and manufacture of fuel cells, hydrogen energy equipment, and kiln thermal equipment; and Petrochemical and Natural gas supply chain, and life serv… Read more
Foran Energy Group Co Ltd - Asset Resilience Ratio
Foran Energy Group Co Ltd (002911) has an Asset Resilience Ratio of 0.96% as of March 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2021–2023)
This chart shows how Foran Energy Group Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Foran Energy Group Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥184.64 Million | 0.96% |
| Total Liquid Assets | CN¥184.64 Million | 0.96% |
Asset Resilience Insights
- Limited Liquidity: Foran Energy Group Co Ltd maintains only 0.96% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Foran Energy Group Co Ltd Industry Peers by Asset Resilience Ratio
Compare Foran Energy Group Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Delong Composite Energy Group Co Ltd
SHE:000593 |
Utilities - Regulated Gas | -4.82% |
|
Shaanxi Meineng Clean Energy Corp. Ltd. A
SHE:001299 |
Utilities - Regulated Gas | 19.43% |
|
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700 |
Utilities - Regulated Gas | 50.66% |
|
Samchully
KO:004690 |
Utilities - Regulated Gas | 16.53% |
|
Taekyung Chem
KO:006890 |
Utilities - Regulated Gas | 5.47% |
|
Kyungdong Gas
KO:012320 |
Utilities - Regulated Gas | 12.34% |
|
Yesco Holdings Co. Ltd
KO:015360 |
Utilities - Regulated Gas | 3.57% |
|
Daesung Holdin
KO:016710 |
Utilities - Regulated Gas | 8.15% |
Annual Asset Resilience Ratio for Foran Energy Group Co Ltd (2021–2023)
The table below shows the annual Asset Resilience Ratio data for Foran Energy Group Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 1.05% | CN¥184.64 Million | CN¥17.56 Billion | +0.59pp |
| 2022-12-31 | 0.46% | CN¥67.77 Million | CN¥14.79 Billion | -0.03pp |
| 2021-12-31 | 0.49% | CN¥67.75 Million | CN¥13.94 Billion | -- |