Foran Energy Group Co Ltd (002911) — Tangible Net Worth Ratio

Latest as of March 2026: 77.7%

Foran Energy Group Co Ltd (002911) has a Tangible Net Worth Ratio of 77.7% as of March 2026. This metric is calculated by deducting intangible assets (CN¥2.03 Billion) from net assets (CN¥9.11 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital position of Foran Energy Group Co Ltd to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

77.7%
Tangible equity / total equity

Net Assets (Equity)

CN¥9.11 Billion
CNY

Intangible Assets

CN¥2.03 Billion
Goodwill, patents, brand value

Total Assets

CN¥19.73 Billion
CNY

Foran Energy Group Co Ltd Tangible Net Worth Ratio (2008–2025)

This chart shows how Foran Energy Group Co Ltd's Tangible Net Worth Ratio has changed across 16 annual periods from 2008 to 2025. As of March 2026, the ratio stands at 77.7%, reflecting net assets of CN¥9.11 Billion with intangible assets of CN¥2.03 Billion CNY. See Foran Energy Group Co Ltd (002911) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Foran Energy Group Co Ltd (2008–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Foran Energy Group Co Ltd from 2008 to 2025, covering 16 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market cap of Foran Energy Group Co Ltd.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 79.5% CN¥10.16 Billion CN¥2.08 Billion CN¥20.05 Billion ▲ +2.2 pp
2024 77.3% CN¥9.45 Billion CN¥2.14 Billion CN¥19.31 Billion ▲ +6.2 pp
2023 71.2% CN¥7.40 Billion CN¥2.13 Billion CN¥17.56 Billion ▲ +5.0 pp
2022 66.2% CN¥6.43 Billion CN¥2.18 Billion CN¥14.79 Billion ▼ -1.0 pp
2021 67.2% CN¥5.60 Billion CN¥1.84 Billion CN¥13.94 Billion ▼ -23.2 pp
2020 90.4% CN¥4.02 Billion CN¥388.33 Million CN¥8.83 Billion ▲ +0.7 pp
2019 89.7% CN¥3.73 Billion CN¥384.58 Million CN¥7.04 Billion ▼ -1.5 pp
2018 91.2% CN¥3.50 Billion CN¥309.91 Million CN¥5.89 Billion ▲ +1.3 pp
2017 89.9% CN¥2.86 Billion CN¥289.73 Million CN¥5.20 Billion ▲ +2.5 pp
2016 87.4% CN¥2.21 Billion CN¥279.17 Million CN¥4.34 Billion ▲ +0.9 pp
2015 86.5% CN¥2.03 Billion CN¥274.78 Million CN¥4.30 Billion ▲ +2.5 pp
2014 84.0% CN¥1.82 Billion CN¥290.29 Million CN¥4.32 Billion ▲ +1.3 pp
2013 82.7% CN¥1.60 Billion CN¥276.88 Million CN¥4.14 Billion ▲ +2.1 pp
2010 80.6% CN¥745.57 Million CN¥144.68 Million CN¥1.81 Billion ▼ -9.2 pp
2009 89.8% CN¥507.54 Million CN¥51.80 Million CN¥1.33 Billion ▲ +0.5 pp
2008 89.3% CN¥421.75 Million CN¥45.26 Million CN¥1.35 Billion
pp = percentage points