002911.SZ
Price:
$12.23
Market Cap:
$15.88B
Foran Energy Group Co.,Ltd. transports and sells natural gas in China. The company designs and constructs gas pipeline projects; and offers gas engineering services. It holds franchised gas pipeline rights in 4 districts. 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.
Industry
Regulated Gas
IPO Date
2017-11-22
Stock Exchange
SHZ
Ticker
002911.SZ
According to Foran Energy Group Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.04. This represents a change of 4.59% compared to the average of 0.99 of the last 4 quarters.
The mean historical Current Ratio of Foran Energy Group Co.,Ltd. over the last ten years is 0.85. The current 1.04 Current Ratio has changed 12.15% with respect to the historical average. Over the past ten years (40 quarters), 002911.SZ's Current Ratio was at its highest in in the December 2021 quarter at 1.09. The Current Ratio was at its lowest in in the March 2017 quarter at 0.
Average
0.85
Median
0.87
Minimum
0.63
Maximum
1.09
Discovering the peaks and valleys of Foran Energy Group Co.,Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 50.16%
Maximum Annual Current Ratio = 1.09
Minimum Annual Increase = -33.44%
Minimum Annual Current Ratio = 0.63
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.93 | 24.47% |
| 2023 | 0.75 | 3.26% |
| 2022 | 0.73 | -33.44% |
| 2021 | 1.09 | 36.01% |
| 2020 | 0.80 | -14.45% |
| 2019 | 0.94 | -3.58% |
| 2018 | 0.97 | 1.90% |
| 2017 | 0.95 | 50.16% |
| 2016 | 0.63 | -4.12% |
| 2015 | 0.66 | 0.48% |
The current Current Ratio of Foran Energy Group Co.,Ltd. (002911.SZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.80
5-year avg
0.86
10-year avg
0.85
Foran Energy Group Co.,Ltd.’s Current Ratio is greater than Jointo Energy Investment Co., Ltd. Hebei (0.54), greater than Shanghai Dazhong Public Utilities(Group) Co.,Ltd. (0.69), less than Harbin Hatou Investment Co.,Ltd (1.42), greater than Shenzhen Gas Corporation Ltd. (0.83), greater than GCL Energy Technology Co.,Ltd. (0.97), greater than CHN Energy Changyuan Electric Power Co., Ltd. (0.38), less than Xinjiang Xintai Natural Gas Co., Ltd. (1.85), less than Chongqing Fuling Electric Power Industrial Co., Ltd. (4.10), less than Luenmei Quantum Co.,Ltd (2.69), greater than Zhongshan Public Utilities Group Co.,Ltd. (0.62),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.54 | $14.58B | |
| 0.69 | $17.95B | |
| 1.42 | $14.29B | |
| 0.83 | $19.16B | |
| 0.97 | $15.61B | |
| 0.38 | $14.97B | |
| 1.85 | $11.62B | |
| 4.10 | $14.41B | |
| 2.69 | $18.37B | |
| 0.62 | $17.86B |
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