Foran Energy Group Co.,Ltd.

Shenzhen Stock Exchange 002911.SZ

Foran Energy Group Co.,Ltd. Return on Assets (ROA) for the year ending December 31, 2023: 4.81%

Foran Energy Group Co.,Ltd. Return on Assets (ROA) is 4.81% for the year ending December 31, 2023, a 8.57% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Foran Energy Group Co.,Ltd. Return on Assets (ROA) for the year ending December 31, 2022 was 4.43%, a 3.81% change year over year.
Foran Energy Group Co.,Ltd. Return on Assets (ROA) for the year ending December 31, 2021 was 4.27%, a -21.37% change year over year.
Foran Energy Group Co.,Ltd. Return on Assets (ROA) for the year ending December 31, 2020 was 5.43%, a -7.12% change year over year.
Foran Energy Group Co.,Ltd. Return on Assets (ROA) for the year ending December 31, 2019 was 5.84%, a -11.57% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

Shenzhen Stock Exchange: 002911.SZ

Foran Energy Group Co.,Ltd.

CEO	Mr. Zhong Xu
IPO Date	Nov. 22, 2017
Location	China
Headquarters	No.18, Nanhai Avenue Middle
Employees	2,530
Sector	Energy
Industries Oil & Gas Gas Pipeline Transport

Description

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.

Key trends

Past 5 years