Foran Energy Group Co Ltd Asset Resilience Ratio
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
Total Assets
Resilience Assessment
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 |
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About 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 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