View ValuationForan Energy Group 향후 성장Future 기준 점검 1/6Foran Energy Group (는) 각각 연간 6.4% 및 7.9% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 11.1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 12% 로 예상됩니다.핵심 정보6.4%이익 성장률11.12%EPS 성장률Gas Utilities 이익 성장6.1%매출 성장률7.9%향후 자기자본이익률11.98%애널리스트 커버리지Low마지막 업데이트24 Apr 2026최근 향후 성장 업데이트Price 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.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.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.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.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.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.모든 업데이트 보기Recent 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.공고 • 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.공고 • 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.공고 • 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.공고 • 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).공고 • 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.공고 • 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.공고 • 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.공고 • 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, 2025공고 • 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.공고 • 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 China분석 기사 • 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...분석 기사 • 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...공고 • 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.분석 기사 • 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...공고 • 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, 2025분석 기사 • 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...분석 기사 • 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.분석 기사 • 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...공고 • 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.분석 기사 • 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...분석 기사 • 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.공고 • 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, 2024분석 기사 • 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.분석 기사 • 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.분석 기사 • 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.공고 • 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, 2024분석 기사 • 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.공고 • 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).공고 • 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.공고 • 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, 2024공고 • 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.공고 • 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%.공고 • 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%.공고 • 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.공고 • 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.공고 • 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.공고 • 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.공고 • 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.공고 • 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, 2020이익 및 매출 성장 예측SZSE:002911 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202839,7301,229N/AN/A312/31/202737,8521,131N/AN/A312/31/202636,8811,060N/AN/A36/30/202631,2961,050N/AN/AN/A3/31/202632,7981,0321,1791,785N/A12/31/202533,5951,0301,3461,898N/A9/30/202532,7908815501,039N/A6/30/202532,8038741,8592,343N/A3/31/202531,9818541,4132,123N/A12/31/202431,5898531,0341,755N/A9/30/202430,1558726531,372N/A6/30/202428,5788592501,107N/A3/31/202427,217847-210469N/A12/31/202325,5388447851,606N/A9/30/202323,1006884741,396N/A6/30/202321,7636616131,546N/A3/31/202320,1016588141,764N/A1/1/202318,9236552661,286N/A9/30/202217,3686056531,726N/A6/30/202216,325602-388658N/A3/31/202214,718600-899378N/A1/1/202213,531595-889390N/A9/30/202112,180469-1,23377N/A6/30/202110,050497-971375N/A3/31/20218,523487-296821N/A12/31/20207,572469-78857N/A9/30/20206,896448144916N/A6/30/20206,392419324976N/A3/31/20206,279405N/A867N/A12/31/20196,427412N/A870N/A9/30/20196,064384N/A792N/A6/30/20195,720349N/A657N/A3/31/20195,287338N/A664N/A12/31/20185,094362N/A631N/A9/30/20184,840404N/A761N/A6/30/20184,646392N/A752N/A3/31/20184,473374N/A678N/A12/31/20174,292347N/A589N/A9/30/20174,116340N/A558N/A12/31/20163,769337N/A522N/A12/31/20154,094369N/A704N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 002911 의 연간 예상 수익 증가율(6.4%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 002911 의 연간 수익(6.4%)이 CN 시장(26.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 002911 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 002911 의 수익(연간 7.9%)이 CN 시장(연간 16.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 002911 의 수익(연간 7.9%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 002911의 자본 수익률은 3년 후 12%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YUtilities 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/23 09:07종가2026/07/23 00:00수익2026/06/30연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Foran Energy Group Co., Ltd.는 3명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Yigong TaoChina Galaxy Securities Co., Ltd.Bolin ZhaoCitic Securities Co., Ltd.Weijia WangHuatai Research
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.
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.
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.
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.
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.
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.
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.
공고 • 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.
공고 • 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.
공고 • 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.
공고 • 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).
공고 • 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.
공고 • 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.
공고 • 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.
공고 • 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
공고 • 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.
공고 • 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
분석 기사 • 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...
분석 기사 • 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...
공고 • 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.
분석 기사 • 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...
공고 • 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
분석 기사 • 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...
분석 기사 • 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.
분석 기사 • 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...
공고 • 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.
분석 기사 • 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...
분석 기사 • 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.
공고 • 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
분석 기사 • 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.
분석 기사 • 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.
분석 기사 • 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.
공고 • 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
분석 기사 • 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.
공고 • 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).
공고 • 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.
공고 • 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
공고 • 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.
공고 • 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%.
공고 • 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%.
공고 • 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.
공고 • 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.
공고 • 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.
공고 • 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.
공고 • 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.
공고 • 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