Foran Energy Group Co Ltd - Asset Resilience Ratio

Latest as of March 2024: 0.96%

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. Read Foran Energy Group Co Ltd (002911) financial obligations for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥184.64 Million

≈ $27.02 Million USD Cash + Short-term Investments

Total Assets

CN¥19.26 Billion

≈ $2.82 Billion USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2021–2023)

This chart shows how Foran Energy Group Co Ltd's Asset Resilience Ratio has changed over time. See Foran Energy Group Co Ltd book value and equity for net asset value and shareholders' equity analysis.

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 Foran Energy Group Co Ltd market capitalisation.

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
GAIL (India) Limited NSE:GAIL	Utilities - Regulated Gas	1.89%
Distribuidora de Gas Cuyana SA BA:DGCU2	Utilities - Regulated Gas	3.89%
GSE Co. Ltd KQ:053050	Utilities - Regulated Gas	4.02%
Metrogas SA BA:METR	Utilities - Regulated Gas	0.03%
Naturgy BAN SA BA:GBAN	Utilities - Regulated Gas	6.33%
Camuzzi Gas Pampeana SA BA:CGPA2	Utilities - Regulated Gas	4.89%
APA Group AU:APA	Utilities - Regulated Gas	1.29%
Equus Energy Ltd AU:EQU	Utilities - Regulated Gas	97.23%

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 ≈ $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	--

pp = percentage points

About Foran Energy Group Co Ltd

SHE:002911 China Utilities - Regulated Gas

Market Cap

$2.32 Billion

CN¥15.87 Billion CNY

Market Cap Rank

#5715 Global

#1190 in China

Share Price

CN¥12.22

Change (1 day)

+0.08%

52-Week Range

CN¥10.11 - CN¥17.77

All Time High

CN¥17.77