Foran Energy Group Co Ltd Asset Resilience Ratio

Latest as of September 2024: 0.05%

Foran Energy Group Co Ltd asset resilience ratio. 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. See Foran Energy Group Co Ltd (002911) defensive interval to measure how many days the company can operate on defensive assets alone.

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 of Foran Energy Group Co Ltd (2017–2023)

Asset resilience ratio of Foran Energy Group Co Ltd from 2017 to 2023. This chart shows how Foran Energy Group Co Ltd's Asset Resilience Ratio has changed over time. Read 002911 current and long-term liabilities for a breakdown of total debt and financial obligations.

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 the complete balance sheet picture, see Foran Energy Group Co Ltd asset portfolio.

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
Adani Total Gas Limited
NSE:ATGL
Utilities - Regulated Gas 1.03%
Spire Inc
NYSE:SR
Utilities - Regulated Gas 4862678.31%
Shinhsiung Natural Gas
TWO:8908
Utilities - Regulated Gas 3.47%
Metrogas SA
BA:METR
Utilities - Regulated Gas 0.18%
Naturgy BAN SA
BA:GBAN
Utilities - Regulated Gas 6.33%
Camuzzi Gas Pampeana SA
BA:CGPA2
Utilities - Regulated Gas 2.84%
Distribuidora de Gas Cuyana SA
BA:DGCU2
Utilities - Regulated Gas 3.29%
APA Group
AU:APA
Utilities - Regulated Gas 1.29%

Foran Energy Group Co Ltd Asset Resilience Ratio by Year (2017–2023)

Foran Energy Group Co Ltd asset resilience ratio by year from 2017 to 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
$2.15 Billion
CN¥14.71 Billion CNY
Market Cap Rank
#5687 Global
#981 in China
Share Price
CN¥11.33
Change (1 day)
+2.35%
52-Week Range
CN¥9.49 - CN¥17.77
All Time High
CN¥17.77
About

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 and thermal energy, photovoltaics, energy storage, and green methanol; research, development, and manufacture of fuel cells, hydrogen energy equipment, pipeline testing, and kiln thermal equipment; and petrochemical and natural g… Read more