Foran Energy Group Co Ltd - Asset Resilience Ratio

Latest as of September 2024: 0.05%

Foran Energy Group Co Ltd (002911) has an Asset Resilience Ratio of 0.05% as of September 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

CN¥8.94 Million

≈ $1.31 Million USD Cash + Short-term Investments

Total Assets

CN¥19.33 Billion

≈ $2.83 Billion USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2017–2023)

This chart shows how Foran Energy Group Co Ltd's Asset Resilience Ratio has changed over time. Check asset allocation strategy of Foran Energy Group Co Ltd to assess the company's strategic physical and investment asset allocation.

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. For market capitalisation and broader financial context, see market cap of Foran Energy Group Co Ltd.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CN¥0.00	0%
Short-term Investments	CN¥8.94 Million	0.05%
Total Liquid Assets	CN¥8.94 Million	0.05%

Asset Resilience Insights

Limited Liquidity: Foran Energy Group Co Ltd maintains only 0.05% 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
Societatea Nationala de Transport Gaze Naturale Transgaz SA RO:TGN	Utilities - Regulated Gas	0.71%
Companhia de Gás de São Paulo - COMGÁS SA:CGAS3	Utilities - Regulated Gas	17.23%
Chongqing Gas Grp Corp Ltd SHG:600917	Utilities - Regulated Gas	0.64%
Metrogas SA BA:METR	Utilities - Regulated Gas	0.18%
Shin Shin Natural Gas Co Ltd TW:9918	Utilities - Regulated Gas	19.75%
Camuzzi Gas Pampeana SA BA:CGPA2	Utilities - Regulated Gas	2.84%
GREENHY2 Ltd AU:H2G	Utilities - Regulated Gas	0.29%
Naturgy BAN SA BA:GBAN	Utilities - Regulated Gas	6.33%

Annual Asset Resilience Ratio for Foran Energy Group Co Ltd (2017–2023)

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 ≈ $27.02 Million	CN¥17.56 Billion ≈ $2.57 Billion	+0.59pp
2022-12-31	0.46%	CN¥67.77 Million ≈ $9.92 Million	CN¥14.79 Billion ≈ $2.16 Billion	-0.03pp
2021-12-31	0.49%	CN¥67.75 Million ≈ $9.91 Million	CN¥13.94 Billion ≈ $2.04 Billion	-8.94pp
2019-12-31	9.43%	CN¥664.10 Million ≈ $97.18 Million	CN¥7.04 Billion ≈ $1.03 Billion	+1.34pp
2018-12-31	8.09%	CN¥477.00 Million ≈ $69.80 Million	CN¥5.89 Billion ≈ $862.51 Million	+3.67pp
2017-12-31	4.42%	CN¥230.09 Million ≈ $33.67 Million	CN¥5.20 Billion ≈ $760.99 Million	--

pp = percentage points

About Foran Energy Group Co Ltd

SHE:002911 China Utilities - Regulated Gas

Market Cap

$2.16 Billion

CN¥14.76 Billion CNY

Market Cap Rank

#5823 Global

#1070 in China

Share Price

CN¥11.37

Change (1 day)

-2.49%

52-Week Range

CN¥9.49 - CN¥17.77

All Time High

CN¥17.77