Foran Energy Group（002911）株式概要フォーラン・エナジー・グループ社は、中国で天然ガスの輸送と販売を行っている。 詳細002911 ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長1/6過去の実績5/6財務の健全性5/6配当金4/6報酬当社が推定した公正価値より6.7%で取引されている 収益は年間6.32%増加すると予測されています 過去1年間で収益は20.8%増加しました 同業他社や業界と比較して、良好な取引価格 リスク分析不安定な配当実績 すべてのリスクチェックを見る002911 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW486,881 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG486,881 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥10.341.7% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture044b2016201920222025202620282031Revenue CN¥44.4bEarnings CN¥1.4bAdvancedSet Fair ValueView all narrativesForan Energy Group Co., Ltd. 競合他社Shanghai Dazhong Public Utilities(Group)LtdSymbol: SHSE:600635Market cap: CN¥11.5bXinjiang Xintai Natural GasSymbol: SHSE:603393Market cap: CN¥10.3bShenzhen GasSymbol: SHSE:601139Market cap: CN¥17.9bShaanxi Provincial Natural GasLtdSymbol: SZSE:002267Market cap: CN¥8.0b価格と性能株価の高値、安値、推移の概要Foran Energy Group過去の株価現在の株価CN¥10.3452週高値CN¥17.8052週安値CN¥9.33ベータ0.451ヶ月の変化-0.19%3ヶ月変化-23.91%1年変化-1.43%3年間の変化4.11%5年間の変化52.74%IPOからの変化13.85%最新ニュースReported Earnings • Jul 15Second quarter 2026 earnings released: EPS: CN¥0.14 (vs CN¥0.13 in 2Q 2025)Second quarter 2026 results: EPS: CN¥0.14 (up from CN¥0.13 in 2Q 2025). Revenue: CN¥7.29b (down 17% from 2Q 2025). Net income: CN¥246.9m (up 8.0% from 2Q 2025). Profit margin: 3.4% (up from 2.6% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Gas Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 30Foran Energy Group Co., Ltd. to Report First Half, 2026 Results on Aug 21, 2026Foran Energy Group Co., Ltd. announced that they will report first half, 2026 results on Aug 21, 2026Reported Earnings • Apr 25First quarter 2026 earnings released: EPS: CN¥0.06 (vs CN¥0.06 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.06 (in line with 1Q 2025). Revenue: CN¥5.75b (down 12% from 1Q 2025). Net income: CN¥82.8m (up 2.1% from 1Q 2025). Profit margin: 1.4% (up from 1.2% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Gas Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year.Declared Dividend • Apr 20Final dividend of CN¥0.27 announcedShareholders will receive a dividend of CN¥0.27. Ex-date: 24th April 2026 Payment date: 24th April 2026 Dividend yield will be 3.8%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is covered by both earnings (72% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 19% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • Apr 07Price target increased by 8.8% to CN¥18.27Up from CN¥16.79, the current price target is an average from 2 analysts. New target price is 29% above last closing price of CN¥14.20. Stock is up 30% over the past year. The company is forecast to post earnings per share of CN¥0.85 for next year compared to CN¥0.72 last year.お知らせ • Mar 31Foran Energy Group Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Foran Energy Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026最新情報をもっと見るRecent updatesReported Earnings • Jul 15Second quarter 2026 earnings released: EPS: CN¥0.14 (vs CN¥0.13 in 2Q 2025)Second quarter 2026 results: EPS: CN¥0.14 (up from CN¥0.13 in 2Q 2025). Revenue: CN¥7.29b (down 17% from 2Q 2025). Net income: CN¥246.9m (up 8.0% from 2Q 2025). Profit margin: 3.4% (up from 2.6% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Gas Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 30Foran Energy Group Co., Ltd. to Report First Half, 2026 Results on Aug 21, 2026Foran Energy Group Co., Ltd. announced that they will report first half, 2026 results on Aug 21, 2026Reported Earnings • Apr 25First quarter 2026 earnings released: EPS: CN¥0.06 (vs CN¥0.06 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.06 (in line with 1Q 2025). Revenue: CN¥5.75b (down 12% from 1Q 2025). Net income: CN¥82.8m (up 2.1% from 1Q 2025). Profit margin: 1.4% (up from 1.2% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Gas Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year.Declared Dividend • Apr 20Final dividend of CN¥0.27 announcedShareholders will receive a dividend of CN¥0.27. Ex-date: 24th April 2026 Payment date: 24th April 2026 Dividend yield will be 3.8%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is covered by both earnings (72% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 19% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • Apr 07Price target increased by 8.8% to CN¥18.27Up from CN¥16.79, the current price target is an average from 2 analysts. New target price is 29% above last closing price of CN¥14.20. Stock is up 30% over the past year. The company is forecast to post earnings per share of CN¥0.85 for next year compared to CN¥0.72 last year.お知らせ • Mar 31Foran Energy Group Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Foran Energy Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026Reported Earnings • Mar 25Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.72 (up from CN¥0.61 in FY 2024). Revenue: CN¥33.6b (up 6.3% from FY 2024). Net income: CN¥1.03b (up 21% from FY 2024). Profit margin: 3.1% (up from 2.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 5.3%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year.お知らせ • Mar 24Foran Energy Group Co., Ltd., Annual General Meeting, Apr 15, 2026Foran Energy Group Co., Ltd., Annual General Meeting, Apr 15, 2026, at 15:00 China Standard Time. Location: 16F, No. 18, Nanhai Avenue Middle, Chancheng District, Foshan, Guangdong ChinaValuation Update With 7 Day Price Move • Mar 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥17.77, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Gas Utilities industry in China. Total returns to shareholders of 103% over the past three years.Price Target Changed • Feb 23Price target increased by 18% to CN¥16.79Up from CN¥14.25, the current price target is an average from 2 analysts. New target price is 12% above last closing price of CN¥14.99. Stock is up 34% over the past year. The company is forecast to post earnings per share of CN¥0.85 for next year compared to CN¥0.69 last year.Reported Earnings • Jan 22Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.69 (up from CN¥0.61 in FY 2024). Revenue: CN¥33.8b (up 6.9% from FY 2024). Net income: CN¥1.00b (up 17% from FY 2024). Profit margin: 3.0% (up from 2.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 8.0%. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 10% per year.Price Target Changed • Jan 20Price target increased by 8.0% to CN¥14.58Up from CN¥13.50, the current price target is provided by 1 analyst. New target price is 12% above last closing price of CN¥13.04. Stock is up 13% over the past year. The company is forecast to post earnings per share of CN¥0.75 for next year compared to CN¥0.61 last year.お知らせ • Dec 31Foran Energy Group Co., Ltd. to Report Fiscal Year 2025 Results on Mar 25, 2026Foran Energy Group Co., Ltd. announced that they will report fiscal year 2025 results on Mar 25, 2026Reported Earnings • Oct 17Third quarter 2025 earnings released: EPS: CN¥0.13 (vs CN¥0.12 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.13 (up from CN¥0.12 in 3Q 2024). Revenue: CN¥8.16b (flat on 3Q 2024). Net income: CN¥180.6m (up 4.1% from 3Q 2024). Profit margin: 2.2% (in line with 3Q 2024). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 10% per year.New Risk • Oct 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.3% average weekly change).お知らせ • Sep 30Foran Energy Group Co., Ltd. to Report Q3, 2025 Results on Oct 18, 2025Foran Energy Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 18, 2025Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥13.45, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Gas Utilities industry in China. Total returns to shareholders of 69% over the past three years.Price Target Changed • Aug 21Price target increased by 13% to CN¥13.50Up from CN¥12.00, the current price target is provided by 1 analyst. New target price is 16% above last closing price of CN¥11.66. Stock is up 16% over the past year. The company is forecast to post earnings per share of CN¥0.75 for next year compared to CN¥0.61 last year.Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥12.18, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Gas Utilities industry in China. Total returns to shareholders of 20% over the past three years.Reported Earnings • Jul 12Second quarter 2025 earnings released: EPS: CN¥0.13 (vs CN¥0.17 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.13. Revenue: CN¥8.79b (up 10% from 2Q 2024). Net income: CN¥228.3m (up 9.5% from 2Q 2024). Profit margin: 2.6% (in line with 2Q 2024). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Gas Utilities industry in China.お知らせ • Jul 02Foran Energy Group Co., Ltd. to Report First Half, 2025 Results on Aug 22, 2025Foran Energy Group Co., Ltd. announced that they will report first half, 2025 results on Aug 22, 2025Reported Earnings • Apr 26First quarter 2025 earnings released: EPS: CN¥0.06 (vs CN¥0.062 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.06. Revenue: CN¥6.55b (up 6.4% from 1Q 2024). Net income: CN¥81.0m (flat on 1Q 2024). Profit margin: 1.2% (down from 1.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Gas Utilities industry in China.Declared Dividend • Apr 17Final dividend of CN¥0.23 announcedShareholders will receive a dividend of CN¥0.23. Ex-date: 22nd April 2025 Payment date: 22nd April 2025 Dividend yield will be 4.4%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 7.8% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 16Foran Energy Group Co., Ltd. Approves Cash Dividend for the Year 2024, Payable on April 22, 2025Foran Energy Group Co., Ltd. held its Annual General Meeting of 2024 on 11 April 2025, approved Cash dividend (tax included) of CNY 2.30000000 per 10 shares for the year 2024. Record date: 21 April 2025, Ex-date: 22 April 2025 Payment date: 22 April 2025.お知らせ • Mar 31Foran Energy Group Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Foran Energy Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025お知らせ • Mar 25Foran Energy Group Co., Ltd. Proposes Profit Distribution Proposal for the Year 2024Foran Energy Group Co., Ltd. announced its profit distribution proposal for the year 2024, which includes a final cash dividend of CNY 2.30 per 10 shares. The dividend is inclusive of tax.お知らせ • Mar 24Foran Energy Group Co., Ltd., Annual General Meeting, Apr 11, 2025Foran Energy Group Co., Ltd., Annual General Meeting, Apr 11, 2025, at 15:00 China Standard Time. Location: 16F, No. 18, Nanhai Avenue Middle, Chancheng District, Foshan, Guangdong China分析記事 • Mar 23Foran Energy Group (SZSE:002911) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereForan Energy Group Co., Ltd.'s ( SZSE:002911 ) solid earnings announcement recently didn't do much to the stock price...分析記事 • Mar 04Improved Earnings Required Before Foran Energy Group Co., Ltd. (SZSE:002911) Shares Find Their FeetWith a price-to-earnings (or "P/E") ratio of 17.5x Foran Energy Group Co., Ltd. ( SZSE:002911 ) may be sending very...お知らせ • Feb 14Foran Energy Group Co., Ltd. Announces 2024 Special Profit Distribution Plan to Be Implemented (A Shares), Payable on 20 February 2025Foran Energy Group Co., Ltd. announced 2024 special profit distribution plan to be implemented (A shares). The company announced Cash dividend/10 shares (tax included) of CNY 2.50000000, payable on 20 February 2025; Record date: 19 February 2025; and Ex-date: 20 February 2025.Reported Earnings • Jan 15Full year 2024 earnings released: EPS: CN¥0.61 (vs CN¥0.64 in FY 2023)Full year 2024 results: EPS: CN¥0.61. Revenue: CN¥31.5b (up 24% from FY 2023). Net income: CN¥848.1m (flat on FY 2023). Profit margin: 2.7% (down from 3.3% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the Gas Utilities industry in China.分析記事 • Jan 12Investors Could Be Concerned With Foran Energy Group's (SZSE:002911) Returns On CapitalWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...お知らせ • Dec 31Foran Energy Group Co., Ltd. to Report Fiscal Year 2024 Results on Mar 26, 2025Foran Energy Group Co., Ltd. announced that they will report fiscal year 2024 results on Mar 26, 2025分析記事 • Dec 24Foran Energy Group (SZSE:002911) Has A Pretty Healthy Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Dec 02Foran Energy Group Co., Ltd. (SZSE:002911) Looks Inexpensive But Perhaps Not Attractive EnoughWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 37x, you may consider Foran...Price Target Changed • Oct 27Price target increased by 11% to CN¥12.00Up from CN¥10.85, the current price target is provided by 1 analyst. New target price is 5.3% above last closing price of CN¥11.40. Stock is up 24% over the past year. The company is forecast to post earnings per share of CN¥0.70 for next year compared to CN¥0.64 last year.Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.13 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.12. Revenue: CN¥8.18b (up 24% from 3Q 2023). Net income: CN¥173.6m (up 7.6% from 3Q 2023). Profit margin: 2.1% (down from 2.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Gas Utilities industry in China.分析記事 • Oct 06Do Foran Energy Group's (SZSE:002911) Earnings Warrant Your Attention?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...お知らせ • Sep 30Foran Energy Group Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024Foran Energy Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥11.48, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Gas Utilities industry in China. Total returns to shareholders of 37% over the past three years.分析記事 • Sep 17Foran Energy Group (SZSE:002911) Will Want To Turn Around Its Return TrendsIf you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...分析記事 • Aug 30Foran Energy Group Co., Ltd.'s (SZSE:002911) Prospects Need A Boost To Lift SharesWith a price-to-earnings (or "P/E") ratio of 14.5x Foran Energy Group Co., Ltd. ( SZSE:002911 ) may be sending bullish...Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.16 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.17 (up from CN¥0.16 in 2Q 2023). Revenue: CN¥7.97b (up 21% from 2Q 2023). Net income: CN¥208.4m (up 6.4% from 2Q 2023). Profit margin: 2.6% (down from 3.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 11% per year.Board Change • Aug 02High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Wei Yi Ji was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jun 29Foran Energy Group Co., Ltd. to Report First Half, 2024 Results on Aug 09, 2024Foran Energy Group Co., Ltd. announced that they will report first half, 2024 results on Aug 09, 2024分析記事 • May 30Foran Energy Group Co., Ltd.'s (SZSE:002911) Shares Not Telling The Full StoryWith a price-to-earnings (or "P/E") ratio of 19.3x Foran Energy Group Co., Ltd. ( SZSE:002911 ) may be sending bullish...Major Estimate Revision • May 10Consensus EPS estimates increase by 30%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from CN¥0.723 to CN¥0.94. Revenue forecast unchanged at CN¥28.8b. Net income forecast to grow 14% next year vs 23% growth forecast for Gas Utilities industry in China. Consensus price target up from CN¥10.85 to CN¥14.10. Share price rose 2.9% to CN¥9.87 over the past week.分析記事 • May 03Concerns Surrounding Foran Energy Group's (SZSE:002911) PerformanceThe market shrugged off Foran Energy Group Co., Ltd.'s ( SZSE:002911 ) solid earnings report. Our analysis showed that...Reported Earnings • Apr 27First quarter 2024 earnings released: EPS: CN¥0.08 (vs CN¥0.062 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.08 (up from CN¥0.062 in 1Q 2023). Revenue: CN¥6.16b (up 38% from 1Q 2023). Net income: CN¥80.3m (up 3.1% from 1Q 2023). Profit margin: 1.3% (down from 1.7% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year.分析記事 • Apr 22Foran Energy Group's (SZSE:002911) Upcoming Dividend Will Be Larger Than Last Year'sForan Energy Group Co., Ltd. ( SZSE:002911 ) will increase its dividend from last year's comparable payment on the 26th...Declared Dividend • Apr 20Dividend increased to CN¥0.60Dividend of CN¥0.60 is 33% higher than last year. Ex-date: 26th April 2024 Payment date: 26th April 2024 Dividend yield will be 4.1%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is covered by both earnings (72% earnings payout ratio) and cash flows (76% cash payout ratio). The dividend has increased by an average of 23% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 30Foran Energy Group Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Foran Energy Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024分析記事 • Mar 29These 4 Measures Indicate That Foran Energy Group (SZSE:002911) Is Using Debt Reasonably WellSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Mar 29Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: CN¥0.83 (up from CN¥0.66 in FY 2022). Revenue: CN¥25.5b (up 35% from FY 2022). Net income: CN¥844.5m (up 29% from FY 2022). Profit margin: 3.3% (down from 3.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) also surpassed analyst estimates by 8.1%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Price Target Changed • Mar 28Price target increased by 7.1% to CN¥14.10Up from CN¥13.16, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of CN¥13.45. Stock is up 2.4% over the past year. The company is forecast to post earnings per share of CN¥0.74 for next year compared to CN¥0.66 last year.お知らせ • Mar 27Foran Energy Group Co., Ltd., Annual General Meeting, Apr 16, 2024Foran Energy Group Co., Ltd., Annual General Meeting, Apr 16, 2024, at 15:00 China Standard Time. Location: 16F, No. 18, Nanhai Avenue Middle, Chancheng District, Foshan, Guangdong ChinaNew Risk • Feb 24New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.6% increase in shares outstanding).お知らせ • Jan 16Foran Energy Group Co., Ltd. Announces Directorate ChangesForan Energy Group Co., Ltd. at its EGM held on January 12, 2024, approved election of non-independent directors: Ji Weiyi, non-independent director; and election of independent directors: Liao Zhongmin, independent director.お知らせ • Dec 29Foran Energy Group Co., Ltd. to Report Fiscal Year 2023 Results on Mar 27, 2024Foran Energy Group Co., Ltd. announced that they will report fiscal year 2023 results on Mar 27, 2024お知らせ • Sep 30Foran Energy Group Co., Ltd. to Report Q3, 2023 Results on Oct 26, 2023Foran Energy Group Co., Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023New Risk • Sep 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.6% increase in shares outstanding).New Risk • Aug 10New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 49% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.20 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.20 in 2Q 2022). Revenue: CN¥6.60b (up 34% from 2Q 2022). Net income: CN¥195.9m (up 1.4% from 2Q 2022). Profit margin: 3.0% (down from 3.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year.お知らせ • Jul 01Foran Energy Group Co., Ltd. to Report First Half, 2023 Results on Aug 09, 2023Foran Energy Group Co., Ltd. announced that they will report first half, 2023 results on Aug 09, 2023Reported Earnings • Mar 22Full year 2022 earnings released: EPS: CN¥0.66 (vs CN¥0.63 in FY 2021)Full year 2022 results: EPS: CN¥0.66 (up from CN¥0.63 in FY 2021). Revenue: CN¥18.9b (up 40% from FY 2021). Net income: CN¥655.3m (up 10% from FY 2021). Profit margin: 3.5% (down from 4.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 18% per year.Valuation Update With 7 Day Price Move • Jan 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥14.00, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 17x in the Gas Utilities industry in China. Total returns to shareholders of 66% over the past three years.Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥13.70, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 18x in the Gas Utilities industry in China. Total returns to shareholders of 69% over the past three years.Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.14 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.14 (up from CN¥0.14 in 3Q 2021). Revenue: CN¥5.26b (up 25% from 3Q 2021). Net income: CN¥134.6m (up 2.0% from 3Q 2021). Profit margin: 2.6% (down from 3.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥14.90, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 21x in the Gas Utilities industry in China. Total returns to shareholders of 87% over the past three years.Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥15.61, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 22x in the Gas Utilities industry in China. Total returns to shareholders of 106% over the past three years.Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 26% share price gain to CN¥11.37, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 18x in the Gas Utilities industry in China. Total returns to shareholders of 47% over the past three years.Buying Opportunity • Jul 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 3.2%. The fair value is estimated to be CN¥11.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 18%.Buying Opportunity • Jun 22Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 8.2%. The fair value is estimated to be CN¥11.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 18%.お知らせ • May 27Foran Energy Group Co.,Ltd. Announces 2021 Final Cash Distribution, Payable on 31 May 2022Foran Energy Group Co.,Ltd. announced 2021 final cash distribution of Cash dividend/10 shares (tax included): CNY 4.50000000. Record date is 30 May 2022, Ex-date is 31 May 2022 and Payment date: 31 May 2022.Buying Opportunity • May 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be CN¥11.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 18%.お知らせ • May 21Foran Energy Group Co.,Ltd. Approves Cash DividendForan Energy Group Co.,Ltd. held its Annual General Meeting of 2021 on 19 May 2022, during which it approved: Cash dividend/10 shares (tax included): CNY 4.50000000.お知らせ • May 02Foran Energy Group Co.,Ltd. Proposed Final Cash Dividend for the Year 2021Foran Energy Group Co.,Ltd. proposed final cash dividend of CNY 4.50000000 per ten shares (tax included) for the year 2021.Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.17 in 3Q 2020)The company reported a decent third quarter result with improved revenues, although earnings and profit margins were weaker. Third quarter 2021 results: Revenue: CN¥4.20b (up 101% from 3Q 2020). Net income: CN¥132.0m (down 17% from 3Q 2020). Profit margin: 3.1% (down from 7.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥10.40, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 21x in the Gas Utilities industry in China. Total loss to shareholders of 3.2% over the past three years.Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥12.21, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 21x in the Gas Utilities industry in China. Total returns to shareholders of 12% over the past three years.Reported Earnings • Aug 26Second quarter 2021 earnings releasedThe company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥3.31b (up 83% from 2Q 2020). Net income: CN¥190.1m (up 5.0% from 2Q 2020). Profit margin: 5.7% (down from 10.0% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 25First quarter 2021 earnings released: EPS CN¥0.077 (vs CN¥0.053 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥2.12b (up 82% from 1Q 2020). Net income: CN¥71.0m (up 37% from 1Q 2020). Profit margin: 3.4% (down from 4.5% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Apr 21Investor sentiment deteriorated over the past weekAfter last week's 38% share price decline to CN¥11.44, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 22x in the Gas Utilities industry in China. Total loss to shareholders of 53% over the past three years.Reported Earnings • Mar 27Full year 2020 earnings released: EPS CN¥0.84 (vs CN¥0.74 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥7.51b (up 17% from FY 2019). Net income: CN¥465.0m (up 13% from FY 2019). Profit margin: 6.2% (down from 6.4% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥19.47, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 22x in the Gas Utilities industry in China. Total loss to shareholders of 19% over the past three years.Is New 90 Day High Low • Jan 29New 90-day low: CN¥15.22The company is down 3.0% from its price of CN¥15.76 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Gas Utilities industry, which is down 12% over the same period.お知らせ • Jan 22Foran Energy Group Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 13, 2021Foran Energy Group Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 13, 2021Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥18.38, the stock is trading at a trailing P/E ratio of 22.7x, up from the previous P/E ratio of 19.7x. This compares to an average P/E of 21x in the Gas Utilities industry in China. Total return to shareholders over the past three years is a loss of 29%.Is New 90 Day High Low • Dec 25New 90-day high: CN¥17.66The company is up 12% from its price of CN¥15.83 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Gas Utilities industry, which is down 2.0% over the same period.Is New 90 Day High Low • Dec 03New 90-day high: CN¥17.20The company is up 6.0% from its price of CN¥16.26 on 04 September 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Gas Utilities industry, which is down 2.0% over the same period.お知らせ • Nov 24Foran Energy Group Co., Ltd. Approves Management AppointmentsForan Energy Group Co., Ltd. announced at its EGM held on November 20, 2020, the shareholders approved the election of non-independent directors, cumulative voting system applicable: Xiong Shaoqiang; Li Lifang; Chen Yongjian; and He Hanming, election of independent directors, cumulative voting system applicable: Zhou Linbin; Chen Qiuxiong; and Liao Zhongmin and election of non-employee supervisors, cumulative voting system applicable: Qiu Jianhang and Liang Wenhua.Reported Earnings • Oct 25Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥447.9m, up 17% from the prior year. Total revenue was CN¥6.90b over the last 12 months, up 14% from the prior year.お知らせ • Oct 17Foran Energy Group Co., Ltd. to Report Q3, 2020 Results on Oct 24, 2020Foran Energy Group Co., Ltd. announced that they will report Q3, 2020 results on Oct 24, 2020Is New 90 Day High Low • Oct 01New 90-day low: CN¥15.58The company is down 1.0% from its price of CN¥15.80 on 03 July 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Gas Utilities industry, which is down 3.0% over the same period.お知らせ • Jul 25Foran Energy Group Co., Ltd. to Report First Half, 2020 Results on Aug 21, 2020Foran Energy Group Co., Ltd. announced that they will report first half, 2020 results on Aug 21, 2020株主還元002911CN Gas UtilitiesCN 市場7D3.8%2.2%-5.4%1Y-1.4%2.7%15.9%株主還元を見る業界別リターン: 002911過去 1 年間で2.7 % の収益を上げたCN Gas Utilities業界を下回りました。リターン対市場: 002911は、過去 1 年間で15.9 % のリターンを上げたCN市場を下回りました。価格変動Is 002911's price volatile compared to industry and market?002911 volatility002911 Average Weekly Movement4.2%Gas Utilities Industry Average Movement5.0%Market Average Movement7.1%10% most volatile stocks in CN Market11.6%10% least volatile stocks in CN Market4.3%安定した株価: 002911 、 CN市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 002911の 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19922,366Zhong Xuwww.fsgas.comフォーラン・エナジー・グループは、中国で天然ガスの輸送と販売を行 っている。同社は、石油製品、水素エネルギー、熱エネルギー、太陽光発電、エネルギー貯蔵などのエネルギーサービスの提供、燃料電池、水素エネルギー機器、キルン熱機器の研究・開発・製造に従事している。また、パイプラインの検査や情報管理、ガスエンジニアリング、省エネ・排出削減サービスも提供している。同社は13の地域パイプラインガス事業フランチャイズ権を保有している。同社は以前は佛山ガス集団有限公司として知られていたが、2020年3月に佛蘭能源集団有限公司に社名を変更した。1992年に設立され、中国の佛山に本社を置く。もっと見るForan Energy Group Co., Ltd. 基礎のまとめForan Energy Group の収益と売上を時価総額と比較するとどうか。002911 基礎統計学時価総額CN¥13.42b収益（TTM）CN¥1.03b売上高(TTM)CN¥32.80b13.0xPER（株価収益率0.4xP/Sレシオ002911 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計002911 損益計算書（TTM）収益CN¥32.80b売上原価CN¥30.73b売上総利益CN¥2.07bその他の費用CN¥1.04b収益CN¥1.03b直近の収益報告Mar 31, 2026次回決算日Aug 21, 2026一株当たり利益（EPS）0.79グロス・マージン6.30%純利益率3.15%有利子負債／自己資本比率40.5%002911 の長期的なパフォーマンスは？過去の実績と比較を見る配当金5.2%現在の配当利回り72%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/17 23:14終値2026/07/17 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Foran Energy Group Co., Ltd. 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Yigong TaoChina Galaxy Securities Co., Ltd.Bolin ZhaoCitic Securities Co., Ltd.Weijia WangHuatai Research
Reported Earnings • Jul 15Second quarter 2026 earnings released: EPS: CN¥0.14 (vs CN¥0.13 in 2Q 2025)Second quarter 2026 results: EPS: CN¥0.14 (up from CN¥0.13 in 2Q 2025). Revenue: CN¥7.29b (down 17% from 2Q 2025). Net income: CN¥246.9m (up 8.0% from 2Q 2025). Profit margin: 3.4% (up from 2.6% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Gas Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 30Foran Energy Group Co., Ltd. to Report First Half, 2026 Results on Aug 21, 2026Foran Energy Group Co., Ltd. announced that they will report first half, 2026 results on Aug 21, 2026
Reported Earnings • Apr 25First quarter 2026 earnings released: EPS: CN¥0.06 (vs CN¥0.06 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.06 (in line with 1Q 2025). Revenue: CN¥5.75b (down 12% from 1Q 2025). Net income: CN¥82.8m (up 2.1% from 1Q 2025). Profit margin: 1.4% (up from 1.2% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Gas Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year.
Declared Dividend • Apr 20Final dividend of CN¥0.27 announcedShareholders will receive a dividend of CN¥0.27. Ex-date: 24th April 2026 Payment date: 24th April 2026 Dividend yield will be 3.8%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is covered by both earnings (72% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 19% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • Apr 07Price target increased by 8.8% to CN¥18.27Up from CN¥16.79, the current price target is an average from 2 analysts. New target price is 29% above last closing price of CN¥14.20. Stock is up 30% over the past year. The company is forecast to post earnings per share of CN¥0.85 for next year compared to CN¥0.72 last year.
お知らせ • Mar 31Foran Energy Group Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Foran Energy Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026
Reported Earnings • Jul 15Second quarter 2026 earnings released: EPS: CN¥0.14 (vs CN¥0.13 in 2Q 2025)Second quarter 2026 results: EPS: CN¥0.14 (up from CN¥0.13 in 2Q 2025). Revenue: CN¥7.29b (down 17% from 2Q 2025). Net income: CN¥246.9m (up 8.0% from 2Q 2025). Profit margin: 3.4% (up from 2.6% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Gas Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 30Foran Energy Group Co., Ltd. to Report First Half, 2026 Results on Aug 21, 2026Foran Energy Group Co., Ltd. announced that they will report first half, 2026 results on Aug 21, 2026
Reported Earnings • Apr 25First quarter 2026 earnings released: EPS: CN¥0.06 (vs CN¥0.06 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.06 (in line with 1Q 2025). Revenue: CN¥5.75b (down 12% from 1Q 2025). Net income: CN¥82.8m (up 2.1% from 1Q 2025). Profit margin: 1.4% (up from 1.2% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Gas Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year.
Declared Dividend • Apr 20Final dividend of CN¥0.27 announcedShareholders will receive a dividend of CN¥0.27. Ex-date: 24th April 2026 Payment date: 24th April 2026 Dividend yield will be 3.8%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is covered by both earnings (72% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 19% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • Apr 07Price target increased by 8.8% to CN¥18.27Up from CN¥16.79, the current price target is an average from 2 analysts. New target price is 29% above last closing price of CN¥14.20. Stock is up 30% over the past year. The company is forecast to post earnings per share of CN¥0.85 for next year compared to CN¥0.72 last year.
お知らせ • Mar 31Foran Energy Group Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Foran Energy Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026
Reported Earnings • Mar 25Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.72 (up from CN¥0.61 in FY 2024). Revenue: CN¥33.6b (up 6.3% from FY 2024). Net income: CN¥1.03b (up 21% from FY 2024). Profit margin: 3.1% (up from 2.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 5.3%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year.
お知らせ • Mar 24Foran Energy Group Co., Ltd., Annual General Meeting, Apr 15, 2026Foran Energy Group Co., Ltd., Annual General Meeting, Apr 15, 2026, at 15:00 China Standard Time. Location: 16F, No. 18, Nanhai Avenue Middle, Chancheng District, Foshan, Guangdong China
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥17.77, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Gas Utilities industry in China. Total returns to shareholders of 103% over the past three years.
Price Target Changed • Feb 23Price target increased by 18% to CN¥16.79Up from CN¥14.25, the current price target is an average from 2 analysts. New target price is 12% above last closing price of CN¥14.99. Stock is up 34% over the past year. The company is forecast to post earnings per share of CN¥0.85 for next year compared to CN¥0.69 last year.
Reported Earnings • Jan 22Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.69 (up from CN¥0.61 in FY 2024). Revenue: CN¥33.8b (up 6.9% from FY 2024). Net income: CN¥1.00b (up 17% from FY 2024). Profit margin: 3.0% (up from 2.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 8.0%. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 10% per year.
Price Target Changed • Jan 20Price target increased by 8.0% to CN¥14.58Up from CN¥13.50, the current price target is provided by 1 analyst. New target price is 12% above last closing price of CN¥13.04. Stock is up 13% over the past year. The company is forecast to post earnings per share of CN¥0.75 for next year compared to CN¥0.61 last year.
お知らせ • Dec 31Foran Energy Group Co., Ltd. to Report Fiscal Year 2025 Results on Mar 25, 2026Foran Energy Group Co., Ltd. announced that they will report fiscal year 2025 results on Mar 25, 2026
Reported Earnings • Oct 17Third quarter 2025 earnings released: EPS: CN¥0.13 (vs CN¥0.12 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.13 (up from CN¥0.12 in 3Q 2024). Revenue: CN¥8.16b (flat on 3Q 2024). Net income: CN¥180.6m (up 4.1% from 3Q 2024). Profit margin: 2.2% (in line with 3Q 2024). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 10% per year.
New Risk • Oct 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.3% average weekly change).
お知らせ • Sep 30Foran Energy Group Co., Ltd. to Report Q3, 2025 Results on Oct 18, 2025Foran Energy Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 18, 2025
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥13.45, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Gas Utilities industry in China. Total returns to shareholders of 69% over the past three years.
Price Target Changed • Aug 21Price target increased by 13% to CN¥13.50Up from CN¥12.00, the current price target is provided by 1 analyst. New target price is 16% above last closing price of CN¥11.66. Stock is up 16% over the past year. The company is forecast to post earnings per share of CN¥0.75 for next year compared to CN¥0.61 last year.
Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥12.18, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Gas Utilities industry in China. Total returns to shareholders of 20% over the past three years.
Reported Earnings • Jul 12Second quarter 2025 earnings released: EPS: CN¥0.13 (vs CN¥0.17 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.13. Revenue: CN¥8.79b (up 10% from 2Q 2024). Net income: CN¥228.3m (up 9.5% from 2Q 2024). Profit margin: 2.6% (in line with 2Q 2024). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Gas Utilities industry in China.
お知らせ • Jul 02Foran Energy Group Co., Ltd. to Report First Half, 2025 Results on Aug 22, 2025Foran Energy Group Co., Ltd. announced that they will report first half, 2025 results on Aug 22, 2025
Reported Earnings • Apr 26First quarter 2025 earnings released: EPS: CN¥0.06 (vs CN¥0.062 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.06. Revenue: CN¥6.55b (up 6.4% from 1Q 2024). Net income: CN¥81.0m (flat on 1Q 2024). Profit margin: 1.2% (down from 1.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Gas Utilities industry in China.
Declared Dividend • Apr 17Final dividend of CN¥0.23 announcedShareholders will receive a dividend of CN¥0.23. Ex-date: 22nd April 2025 Payment date: 22nd April 2025 Dividend yield will be 4.4%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 7.8% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 16Foran Energy Group Co., Ltd. Approves Cash Dividend for the Year 2024, Payable on April 22, 2025Foran Energy Group Co., Ltd. held its Annual General Meeting of 2024 on 11 April 2025, approved Cash dividend (tax included) of CNY 2.30000000 per 10 shares for the year 2024. Record date: 21 April 2025, Ex-date: 22 April 2025 Payment date: 22 April 2025.
お知らせ • Mar 31Foran Energy Group Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Foran Energy Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
お知らせ • Mar 25Foran Energy Group Co., Ltd. Proposes Profit Distribution Proposal for the Year 2024Foran Energy Group Co., Ltd. announced its profit distribution proposal for the year 2024, which includes a final cash dividend of CNY 2.30 per 10 shares. The dividend is inclusive of tax.
お知らせ • Mar 24Foran Energy Group Co., Ltd., Annual General Meeting, Apr 11, 2025Foran Energy Group Co., Ltd., Annual General Meeting, Apr 11, 2025, at 15:00 China Standard Time. Location: 16F, No. 18, Nanhai Avenue Middle, Chancheng District, Foshan, Guangdong China
分析記事 • Mar 23Foran Energy Group (SZSE:002911) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereForan Energy Group Co., Ltd.'s ( SZSE:002911 ) solid earnings announcement recently didn't do much to the stock price...
分析記事 • Mar 04Improved Earnings Required Before Foran Energy Group Co., Ltd. (SZSE:002911) Shares Find Their FeetWith a price-to-earnings (or "P/E") ratio of 17.5x Foran Energy Group Co., Ltd. ( SZSE:002911 ) may be sending very...
お知らせ • Feb 14Foran Energy Group Co., Ltd. Announces 2024 Special Profit Distribution Plan to Be Implemented (A Shares), Payable on 20 February 2025Foran Energy Group Co., Ltd. announced 2024 special profit distribution plan to be implemented (A shares). The company announced Cash dividend/10 shares (tax included) of CNY 2.50000000, payable on 20 February 2025; Record date: 19 February 2025; and Ex-date: 20 February 2025.
Reported Earnings • Jan 15Full year 2024 earnings released: EPS: CN¥0.61 (vs CN¥0.64 in FY 2023)Full year 2024 results: EPS: CN¥0.61. Revenue: CN¥31.5b (up 24% from FY 2023). Net income: CN¥848.1m (flat on FY 2023). Profit margin: 2.7% (down from 3.3% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the Gas Utilities industry in China.
分析記事 • Jan 12Investors Could Be Concerned With Foran Energy Group's (SZSE:002911) Returns On CapitalWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
お知らせ • Dec 31Foran Energy Group Co., Ltd. to Report Fiscal Year 2024 Results on Mar 26, 2025Foran Energy Group Co., Ltd. announced that they will report fiscal year 2024 results on Mar 26, 2025
分析記事 • Dec 24Foran Energy Group (SZSE:002911) Has A Pretty Healthy Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Dec 02Foran Energy Group Co., Ltd. (SZSE:002911) Looks Inexpensive But Perhaps Not Attractive EnoughWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 37x, you may consider Foran...
Price Target Changed • Oct 27Price target increased by 11% to CN¥12.00Up from CN¥10.85, the current price target is provided by 1 analyst. New target price is 5.3% above last closing price of CN¥11.40. Stock is up 24% over the past year. The company is forecast to post earnings per share of CN¥0.70 for next year compared to CN¥0.64 last year.
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.13 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.12. Revenue: CN¥8.18b (up 24% from 3Q 2023). Net income: CN¥173.6m (up 7.6% from 3Q 2023). Profit margin: 2.1% (down from 2.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Gas Utilities industry in China.
分析記事 • Oct 06Do Foran Energy Group's (SZSE:002911) Earnings Warrant Your Attention?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
お知らせ • Sep 30Foran Energy Group Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024Foran Energy Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥11.48, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Gas Utilities industry in China. Total returns to shareholders of 37% over the past three years.
分析記事 • Sep 17Foran Energy Group (SZSE:002911) Will Want To Turn Around Its Return TrendsIf you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
分析記事 • Aug 30Foran Energy Group Co., Ltd.'s (SZSE:002911) Prospects Need A Boost To Lift SharesWith a price-to-earnings (or "P/E") ratio of 14.5x Foran Energy Group Co., Ltd. ( SZSE:002911 ) may be sending bullish...
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.16 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.17 (up from CN¥0.16 in 2Q 2023). Revenue: CN¥7.97b (up 21% from 2Q 2023). Net income: CN¥208.4m (up 6.4% from 2Q 2023). Profit margin: 2.6% (down from 3.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 11% per year.
Board Change • Aug 02High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Wei Yi Ji was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jun 29Foran Energy Group Co., Ltd. to Report First Half, 2024 Results on Aug 09, 2024Foran Energy Group Co., Ltd. announced that they will report first half, 2024 results on Aug 09, 2024
分析記事 • May 30Foran Energy Group Co., Ltd.'s (SZSE:002911) Shares Not Telling The Full StoryWith a price-to-earnings (or "P/E") ratio of 19.3x Foran Energy Group Co., Ltd. ( SZSE:002911 ) may be sending bullish...
Major Estimate Revision • May 10Consensus EPS estimates increase by 30%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from CN¥0.723 to CN¥0.94. Revenue forecast unchanged at CN¥28.8b. Net income forecast to grow 14% next year vs 23% growth forecast for Gas Utilities industry in China. Consensus price target up from CN¥10.85 to CN¥14.10. Share price rose 2.9% to CN¥9.87 over the past week.
分析記事 • May 03Concerns Surrounding Foran Energy Group's (SZSE:002911) PerformanceThe market shrugged off Foran Energy Group Co., Ltd.'s ( SZSE:002911 ) solid earnings report. Our analysis showed that...
Reported Earnings • Apr 27First quarter 2024 earnings released: EPS: CN¥0.08 (vs CN¥0.062 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.08 (up from CN¥0.062 in 1Q 2023). Revenue: CN¥6.16b (up 38% from 1Q 2023). Net income: CN¥80.3m (up 3.1% from 1Q 2023). Profit margin: 1.3% (down from 1.7% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year.
分析記事 • Apr 22Foran Energy Group's (SZSE:002911) Upcoming Dividend Will Be Larger Than Last Year'sForan Energy Group Co., Ltd. ( SZSE:002911 ) will increase its dividend from last year's comparable payment on the 26th...
Declared Dividend • Apr 20Dividend increased to CN¥0.60Dividend of CN¥0.60 is 33% higher than last year. Ex-date: 26th April 2024 Payment date: 26th April 2024 Dividend yield will be 4.1%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is covered by both earnings (72% earnings payout ratio) and cash flows (76% cash payout ratio). The dividend has increased by an average of 23% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 30Foran Energy Group Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Foran Energy Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024
分析記事 • Mar 29These 4 Measures Indicate That Foran Energy Group (SZSE:002911) Is Using Debt Reasonably WellSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Mar 29Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: CN¥0.83 (up from CN¥0.66 in FY 2022). Revenue: CN¥25.5b (up 35% from FY 2022). Net income: CN¥844.5m (up 29% from FY 2022). Profit margin: 3.3% (down from 3.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) also surpassed analyst estimates by 8.1%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Mar 28Price target increased by 7.1% to CN¥14.10Up from CN¥13.16, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of CN¥13.45. Stock is up 2.4% over the past year. The company is forecast to post earnings per share of CN¥0.74 for next year compared to CN¥0.66 last year.
お知らせ • Mar 27Foran Energy Group Co., Ltd., Annual General Meeting, Apr 16, 2024Foran Energy Group Co., Ltd., Annual General Meeting, Apr 16, 2024, at 15:00 China Standard Time. Location: 16F, No. 18, Nanhai Avenue Middle, Chancheng District, Foshan, Guangdong China
New Risk • Feb 24New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.6% increase in shares outstanding).
お知らせ • Jan 16Foran Energy Group Co., Ltd. Announces Directorate ChangesForan Energy Group Co., Ltd. at its EGM held on January 12, 2024, approved election of non-independent directors: Ji Weiyi, non-independent director; and election of independent directors: Liao Zhongmin, independent director.
お知らせ • Dec 29Foran Energy Group Co., Ltd. to Report Fiscal Year 2023 Results on Mar 27, 2024Foran Energy Group Co., Ltd. announced that they will report fiscal year 2023 results on Mar 27, 2024
お知らせ • Sep 30Foran Energy Group Co., Ltd. to Report Q3, 2023 Results on Oct 26, 2023Foran Energy Group Co., Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023
New Risk • Sep 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.6% increase in shares outstanding).
New Risk • Aug 10New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 49% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.20 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.20 in 2Q 2022). Revenue: CN¥6.60b (up 34% from 2Q 2022). Net income: CN¥195.9m (up 1.4% from 2Q 2022). Profit margin: 3.0% (down from 3.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Gas Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year.
お知らせ • Jul 01Foran Energy Group Co., Ltd. to Report First Half, 2023 Results on Aug 09, 2023Foran Energy Group Co., Ltd. announced that they will report first half, 2023 results on Aug 09, 2023
Reported Earnings • Mar 22Full year 2022 earnings released: EPS: CN¥0.66 (vs CN¥0.63 in FY 2021)Full year 2022 results: EPS: CN¥0.66 (up from CN¥0.63 in FY 2021). Revenue: CN¥18.9b (up 40% from FY 2021). Net income: CN¥655.3m (up 10% from FY 2021). Profit margin: 3.5% (down from 4.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 18% per year.
Valuation Update With 7 Day Price Move • Jan 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥14.00, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 17x in the Gas Utilities industry in China. Total returns to shareholders of 66% over the past three years.
Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥13.70, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 18x in the Gas Utilities industry in China. Total returns to shareholders of 69% over the past three years.
Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.14 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.14 (up from CN¥0.14 in 3Q 2021). Revenue: CN¥5.26b (up 25% from 3Q 2021). Net income: CN¥134.6m (up 2.0% from 3Q 2021). Profit margin: 2.6% (down from 3.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥14.90, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 21x in the Gas Utilities industry in China. Total returns to shareholders of 87% over the past three years.
Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥15.61, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 22x in the Gas Utilities industry in China. Total returns to shareholders of 106% over the past three years.
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 26% share price gain to CN¥11.37, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 18x in the Gas Utilities industry in China. Total returns to shareholders of 47% over the past three years.
Buying Opportunity • Jul 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 3.2%. The fair value is estimated to be CN¥11.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 18%.
Buying Opportunity • Jun 22Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 8.2%. The fair value is estimated to be CN¥11.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 18%.
お知らせ • May 27Foran Energy Group Co.,Ltd. Announces 2021 Final Cash Distribution, Payable on 31 May 2022Foran Energy Group Co.,Ltd. announced 2021 final cash distribution of Cash dividend/10 shares (tax included): CNY 4.50000000. Record date is 30 May 2022, Ex-date is 31 May 2022 and Payment date: 31 May 2022.
Buying Opportunity • May 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be CN¥11.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 18%.
お知らせ • May 21Foran Energy Group Co.,Ltd. Approves Cash DividendForan Energy Group Co.,Ltd. held its Annual General Meeting of 2021 on 19 May 2022, during which it approved: Cash dividend/10 shares (tax included): CNY 4.50000000.
お知らせ • May 02Foran Energy Group Co.,Ltd. Proposed Final Cash Dividend for the Year 2021Foran Energy Group Co.,Ltd. proposed final cash dividend of CNY 4.50000000 per ten shares (tax included) for the year 2021.
Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.17 in 3Q 2020)The company reported a decent third quarter result with improved revenues, although earnings and profit margins were weaker. Third quarter 2021 results: Revenue: CN¥4.20b (up 101% from 3Q 2020). Net income: CN¥132.0m (down 17% from 3Q 2020). Profit margin: 3.1% (down from 7.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥10.40, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 21x in the Gas Utilities industry in China. Total loss to shareholders of 3.2% over the past three years.
Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥12.21, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 21x in the Gas Utilities industry in China. Total returns to shareholders of 12% over the past three years.
Reported Earnings • Aug 26Second quarter 2021 earnings releasedThe company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥3.31b (up 83% from 2Q 2020). Net income: CN¥190.1m (up 5.0% from 2Q 2020). Profit margin: 5.7% (down from 10.0% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 25First quarter 2021 earnings released: EPS CN¥0.077 (vs CN¥0.053 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥2.12b (up 82% from 1Q 2020). Net income: CN¥71.0m (up 37% from 1Q 2020). Profit margin: 3.4% (down from 4.5% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Apr 21Investor sentiment deteriorated over the past weekAfter last week's 38% share price decline to CN¥11.44, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 22x in the Gas Utilities industry in China. Total loss to shareholders of 53% over the past three years.
Reported Earnings • Mar 27Full year 2020 earnings released: EPS CN¥0.84 (vs CN¥0.74 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥7.51b (up 17% from FY 2019). Net income: CN¥465.0m (up 13% from FY 2019). Profit margin: 6.2% (down from 6.4% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥19.47, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 22x in the Gas Utilities industry in China. Total loss to shareholders of 19% over the past three years.
Is New 90 Day High Low • Jan 29New 90-day low: CN¥15.22The company is down 3.0% from its price of CN¥15.76 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Gas Utilities industry, which is down 12% over the same period.
お知らせ • Jan 22Foran Energy Group Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 13, 2021Foran Energy Group Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 13, 2021
Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥18.38, the stock is trading at a trailing P/E ratio of 22.7x, up from the previous P/E ratio of 19.7x. This compares to an average P/E of 21x in the Gas Utilities industry in China. Total return to shareholders over the past three years is a loss of 29%.
Is New 90 Day High Low • Dec 25New 90-day high: CN¥17.66The company is up 12% from its price of CN¥15.83 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Gas Utilities industry, which is down 2.0% over the same period.
Is New 90 Day High Low • Dec 03New 90-day high: CN¥17.20The company is up 6.0% from its price of CN¥16.26 on 04 September 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Gas Utilities industry, which is down 2.0% over the same period.
お知らせ • Nov 24Foran Energy Group Co., Ltd. Approves Management AppointmentsForan Energy Group Co., Ltd. announced at its EGM held on November 20, 2020, the shareholders approved the election of non-independent directors, cumulative voting system applicable: Xiong Shaoqiang; Li Lifang; Chen Yongjian; and He Hanming, election of independent directors, cumulative voting system applicable: Zhou Linbin; Chen Qiuxiong; and Liao Zhongmin and election of non-employee supervisors, cumulative voting system applicable: Qiu Jianhang and Liang Wenhua.
Reported Earnings • Oct 25Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥447.9m, up 17% from the prior year. Total revenue was CN¥6.90b over the last 12 months, up 14% from the prior year.
お知らせ • Oct 17Foran Energy Group Co., Ltd. to Report Q3, 2020 Results on Oct 24, 2020Foran Energy Group Co., Ltd. announced that they will report Q3, 2020 results on Oct 24, 2020
Is New 90 Day High Low • Oct 01New 90-day low: CN¥15.58The company is down 1.0% from its price of CN¥15.80 on 03 July 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Gas Utilities industry, which is down 3.0% over the same period.
お知らせ • Jul 25Foran Energy Group Co., Ltd. to Report First Half, 2020 Results on Aug 21, 2020Foran Energy Group Co., Ltd. announced that they will report first half, 2020 results on Aug 21, 2020
