Foran Energy Group Co Ltd Net Assets
Foran Energy Group Co Ltd net assets. Based on the latest financial reports, Foran Energy Group Co Ltd (002911) has net assets worth CN¥9.11 Billion CNY (≈ $1.33 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥19.73 Billion ≈ $2.89 Billion USD) and total liabilities (CN¥10.61 Billion ≈ $1.55 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Foran Energy Group Co Ltd (002911) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥9.11 Billion |
| % of Total Assets | 46.2% |
| Annual Growth Rate | 20.58% |
| 5-Year Change | 81.51% |
| 10-Year Change | 359.8% |
| Growth Volatility | 26.49 |
Net Assets of Foran Energy Group Co Ltd (2008–2025)
Net assets of Foran Energy Group Co Ltd from 2008 to 2025. This chart illustrates how Foran Energy Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Foran Energy Group Co Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for Foran Energy Group Co Ltd (2008–2025)
The table below shows the annual net assets of Foran Energy Group Co Ltd from 2008 to 2025. For live market cap and overall valuation, see Foran Energy Group Co Ltd (002911) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥10.16 Billion ≈ $1.49 Billion |
+7.44% |
| 2024-12-31 | CN¥9.45 Billion ≈ $1.38 Billion |
+27.73% |
| 2023-12-31 | CN¥7.40 Billion ≈ $1.08 Billion |
+15.10% |
| 2022-12-31 | CN¥6.43 Billion ≈ $940.80 Million |
+14.91% |
| 2021-12-31 | CN¥5.60 Billion ≈ $818.73 Million |
+39.03% |
| 2020-12-31 | CN¥4.02 Billion ≈ $588.89 Million |
+7.85% |
| 2019-12-31 | CN¥3.73 Billion ≈ $546.02 Million |
+6.54% |
| 2018-12-31 | CN¥3.50 Billion ≈ $512.49 Million |
+22.56% |
| 2017-12-31 | CN¥2.86 Billion ≈ $418.16 Million |
+29.38% |
| 2016-12-31 | CN¥2.21 Billion ≈ $323.20 Million |
+8.65% |
| 2015-12-31 | CN¥2.03 Billion ≈ $297.47 Million |
+11.97% |
| 2014-12-31 | CN¥1.82 Billion ≈ $265.67 Million |
+13.30% |
| 2013-12-31 | CN¥1.60 Billion ≈ $234.48 Million |
+114.93% |
| 2010-12-31 | CN¥745.57 Million ≈ $109.10 Million |
+46.90% |
| 2009-12-31 | CN¥507.54 Million ≈ $74.27 Million |
+20.34% |
| 2008-12-31 | CN¥421.75 Million ≈ $61.72 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Foran Energy Group Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 6809.7% over the analyzed period, indicating profitable operations and earnings retention.
Foran Energy Group Co Ltd Net Assets Breakdown (December 2025)
Foran Energy Group Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.45 Billion | 27.00% |
| Other Components | CN¥6.62 Billion | 73.00% |
| Total Equity | CN¥9.07 Billion | 100.00% |
Foran Energy Group Co Ltd Competitors by Market Cap
The table below lists competitors of Foran Energy Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BioCryst Pharmaceuticals Inc
NASDAQ:BCRX
|
$2.15 Billion |
|
Endeavour Silver Corp.
TO:EDR
|
$2.15 Billion |
|
Mednax Inc
NYSE:MD
|
$2.15 Billion |
|
V2X Inc
NYSE:VVX
|
$2.15 Billion |
|
Electric Connector Technology Co Ltd
SHE:300679
|
$2.15 Billion |
|
National Energy Services Reunited Corp Ordinary Shares
NASDAQ:NESR
|
$2.15 Billion |
|
Immunome Inc
NASDAQ:IMNM
|
$2.15 Billion |
|
LTC Properties Inc
NYSE:LTC
|
$2.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Foran Energy Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,424,608,187 to 9,069,437,725, a change of 644,829,538 (7.7%).
- Net income of 1,000,682,000 contributed positively to equity growth.
- Dividend payments of 838,237,073 reduced retained earnings.
- Other comprehensive income decreased equity by 4,236,803,247.
- Other factors increased equity by 4,719,187,858.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.00 Billion | +11.03% |
| Dividends Paid | CN¥838.24 Million | -9.24% |
| Other Comprehensive Income | CN¥-4.24 Billion | -46.72% |
| Other Changes | CN¥4.72 Billion | +52.03% |
| Total Change | CN¥- | 7.65% |
Book Value vs Market Value Analysis
This analysis compares Foran Energy Group Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.58x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 18.41x to 1.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.62 | CN¥11.33 | x |
| 2009-12-31 | CN¥0.73 | CN¥11.33 | x |
| 2010-12-31 | CN¥1.03 | CN¥11.33 | x |
| 2013-12-31 | CN¥1.42 | CN¥11.33 | x |
| 2014-12-31 | CN¥1.59 | CN¥11.33 | x |
| 2015-12-31 | CN¥1.81 | CN¥11.33 | x |
| 2016-12-31 | CN¥1.95 | CN¥11.33 | x |
| 2017-12-31 | CN¥2.79 | CN¥11.33 | x |
| 2018-12-31 | CN¥3.14 | CN¥11.33 | x |
| 2019-12-31 | CN¥3.33 | CN¥11.33 | x |
| 2020-12-31 | CN¥3.56 | CN¥11.33 | x |
| 2021-12-31 | CN¥4.72 | CN¥11.33 | x |
| 2022-12-31 | CN¥5.70 | CN¥11.33 | x |
| 2023-12-31 | CN¥4.80 | CN¥11.33 | x |
| 2024-12-31 | CN¥5.83 | CN¥11.33 | x |
| 2025-12-31 | CN¥7.16 | CN¥11.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Foran Energy Group Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.03%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.96%
- • Asset Turnover: 1.68x
- • Equity Multiplier: 2.21x
- Recent ROE (11.03%) is below the historical average (17.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 18.17% | 7.68% | 0.65x | 3.64x | CN¥30.34 Million |
| 2009 | 25.77% | 12.32% | 0.69x | 3.01x | CN¥69.47 Million |
| 2010 | 29.24% | 9.51% | 1.06x | 2.90x | CN¥119.74 Million |
| 2013 | 22.31% | 7.60% | 0.85x | 3.44x | CN¥148.07 Million |
| 2014 | 22.56% | 7.89% | 0.90x | 3.19x | CN¥170.01 Million |
| 2015 | 24.00% | 9.02% | 0.95x | 2.80x | CN¥215.33 Million |
| 2016 | 20.16% | 8.95% | 0.87x | 2.60x | CN¥169.92 Million |
| 2017 | 14.53% | 8.09% | 0.83x | 2.17x | CN¥108.27 Million |
| 2018 | 12.17% | 7.11% | 0.86x | 1.98x | CN¥64.56 Million |
| 2019 | 13.07% | 6.40% | 0.91x | 2.24x | CN¥96.55 Million |
| 2020 | 13.95% | 6.20% | 0.86x | 2.62x | CN¥132.94 Million |
| 2021 | 13.34% | 4.40% | 0.97x | 3.13x | CN¥148.78 Million |
| 2022 | 12.06% | 3.46% | 1.28x | 2.72x | CN¥111.95 Million |
| 2023 | 12.92% | 3.31% | 1.45x | 2.69x | CN¥190.68 Million |
| 2024 | 10.13% | 2.70% | 1.64x | 2.29x | CN¥10.65 Million |
| 2025 | 11.03% | 2.96% | 1.68x | 2.21x | CN¥93.74 Million |
Industry Comparison
This section compares Foran Energy Group Co Ltd's net assets metrics with peer companies in the Utilities - Regulated Gas industry.
Industry Context
- Industry: Utilities - Regulated Gas
- Average net assets among peers: $1,242,938,881
- Average return on equity (ROE) among peers: 10.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Foran Energy Group Co Ltd (002911) | CN¥9.11 Billion | 18.17% | 1.16x | $2.15 Billion |
| Delong Composite Energy Group Co Ltd (000593) | $276.91 Million | 25.73% | 1.08x | $847.01 Million |
| Xinjiang Haoyuan Natural Gas Co Ltd (002700) | $850.29 Million | 13.04% | 0.24x | $322.00 Million |
| Top Resource Conservation Engineering Co Ltd (300332) | $204.71 Million | 5.41% | 0.78x | $539.60 Million |
| Sichuan Qiaoyuan Gas Co.Ltd (301286) | $815.78 Million | 22.13% | 0.83x | $2.62 Billion |
| Changchun Gas Co Ltd (600333) | $1.23 Billion | 7.27% | 0.52x | $488.38 Million |
| Shanghai DaZhong Public Utilities Group Co Ltd (600635) | $6.84 Billion | 6.75% | 1.12x | $1.41 Billion |
| Bestsun Energy Co Ltd (600681) | $332.26 Million | -15.38% | 1.51x | $661.23 Million |
| ENN Ecological Holdings Co Ltd (600803) | $213.73 Million | 10.52% | 0.71x | $9.39 Billion |
| Guizhou Gas Group Corporation Ltd Class A (600903) | $426.16 Million | 15.47% | 2.22x | $965.76 Million |
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