002911.SHE Foran Energy Group Co Ltd
- Market cap
- CNY 15.2B
- P/E
- 15.9x
- P/B
- 1.86x
- ROE
- 8.9%
- Dividend yield
- 5.50%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002911.SHE undervalued?
Graham number002911.SHE trades 14.7% above its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Foran Energy Group Co Ltd fundamental analysis
No fundamental analysis for Foran Energy Group Co Ltd yet.
Foran Energy Group Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
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 gas supply chain, and life service business. It also provides pipeline inspection…
Full company profileForan Energy Group Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Foran Energy Group Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 3.77B | 4.29B | 5.09B | 6.43B | 7.57B | 13.5B | 18.9B | 25.5B | 31.6B | 33.8B | 26.1B |
| Gross Profit | 812M | 865M | 934M | 993M | 1.17B | 1.60B | 1.83B | 1.95B | 1.93B | 1.38B | 2.03B |
| Operating Income | 579M | 604M | 621M | 690M | 733M | 846M | 1.00B | 1.36B | 1.23B | 1.38B | 1.24B |
| EBITDA | 760M | 798M | 844M | 875M | 938M | 1.20B | 1.51B | 1.58B | 1.54B | 1.84B | 1.27B |
| Net Income | 337M | 347M | 362M | 412M | 469M | 595M | 655M | 844M | 853M | 1.00B | 702M |
| EPS | 0.39 | 0.41 | 0.38 | 0.44 | 0.50 | 0.63 | 0.69 | 0.62 | 0.59 | 0.79 | 0.54 |
| Balance Sheet | |||||||||||
| Total Assets | 4.34B | 5.20B | 5.89B | 7.04B | 8.83B | 13.9B | 14.8B | 17.6B | 19.3B | 20.0B | 20.0B |
| Total Liabilities | 2.13B | 2.34B | 2.39B | 3.31B | 4.81B | 8.34B | 8.36B | 10.2B | 9.86B | 9.89B | 11.1B |
| Shareholders' Equity | 1.67B | 2.39B | 2.97B | 3.15B | 3.36B | 4.46B | 5.43B | 6.54B | 8.42B | 9.07B | 7.89B |
| Cash & Short-term Investments | 478M | 1.20B | 1.20B | 1.68B | 1.43B | 1.69B | 1.50B | 2.25B | 2.79B | 3.55B | 2.86B |
| Total Debt | 889M | 1.02B | 750M | 824M | 1.37B | 4.06B | 3.64B | 3.11B | 2.44B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 522M | 589M | 631M | 870M | 843M | 390M | 1.29B | 1.61B | 1.75B | 1.90B | - |
| Capital Expenditure | 192M | 220M | 336M | 608M | 927M | 1.28B | 1.02B | 822M | 659M | 552M | 524M |
| Free Cash Flow | 329M | 369M | 295M | 262M | -84.3M | -889M | 266M | 785M | 1.09B | 1.35B | 1.30B |
| Ratios | |||||||||||
| ROE | 20.2% | 14.5% | 12.2% | 13.1% | 14.0% | 13.3% | 12.1% | 12.9% | 10.1% | 11.0% | 8.9% |
| ROA | 7.8% | 6.7% | 6.1% | 5.8% | 5.3% | 4.3% | 4.4% | 4.8% | 4.4% | 5.0% | 3.5% |
| Net Profit Margin | 8.9% | 8.1% | 7.1% | 6.4% | 6.2% | 4.4% | 3.5% | 3.3% | 2.7% | 3.0% | 2.7% |
| Debt to Equity | 0.53x | 0.43x | 0.25x | 0.26x | 0.41x | 0.91x | 0.67x | 0.48x | 0.29x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Foran Energy Group Co Ltd dividends
- Dividend yield
- 5.50%
- Forward dividend
- 0.52 CNY
- Payout ratio
- 83.8%
- Ex-dividend date
- Apr 24, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 838M | 0.66 | 83.8% |
| 2024 | CNY 816M | 0.56 | 95.6% |
| 2023 | CNY 430M | 0.32 | 50.9% |
| 2022 | CNY 640M | 0.67 | 97.7% |
| 2021 | CNY 536M | 0.57 | 90.1% |
| 2020 | CNY 337M | 0.36 | 71.7% |
| 2019 | CNY 239M | 0.25 | 58.1% |
| 2018 | CNY 220M | 0.23 | 60.6% |
| 2017 | CNY 356M | 0.42 | 102.5% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 1.299915:1 on Apr 26, 2024.
Who owns Foran Energy Group Co Ltd
- Insiders 84.26%
- Institutions 2.31%
- Public & others 13.44%
- Shares outstanding 1.30B
- Free float 208M
Foran Energy Group Co Ltd company profile
- Company name
- Foran Energy Group Co Ltd
- Ticker
- 002911.SHE
- ISIN
- CNE100003332
- Exchange
- Shenzhen Stock Exchange
- Sector
- Utilities
- Industry
- Gas Utilities
- Employees
- 2,366
- Fiscal year end
- December
- Address
- No.18, Nanhai Avenue Middle, Foshan, China, 528000
- Phone
- 86 75 7830 36288
- Website
- fsgas.com
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 gas supply chain, and life service business. It also provides pipeline inspection and information management, gas engineering, and energy conservation, and emission reduction services. The company holds 13 regional pipeline gas business franchise rights. The company was formerly known as Foshan Gas Group Co.,Ltd. and changed its name to Foran Energy Group Co., Ltd. in March 2020. Foran Energy Group Co., Ltd. was founded in 1992 and is headquartered in Foshan, China.
Foran Energy Group Co Ltd management
7- Mr. Zhong XuPresident · born 1968
- Ms. Danying XieVP & CFO · born 1970
- Mr. Shaoqiang XiongSenior Vice President · born 1974
- Mr. Zhigang LuVP & Secretary of the Board of Directors · born 1973
- Mr. Haisheng ZhangVice President · born 1969
- Mr. Tingyu YangVice President · born 1969
- Ms. Juan GuoVice President · born 1975