Foran Energy Group Co., Ltd.

XSEC:002911 Stock Report

Market Cap: CN¥15.4b

Foran Energy Group Past Earnings Performance

Past criteria checks 4/6

Foran Energy Group has been growing earnings at an average annual rate of 16.8%, while the Gas Utilities industry saw earnings growing at 10% annually. Revenues have been growing at an average rate of 33.2% per year. Foran Energy Group's return on equity is 10.6%, and it has net margins of 2.9%.

Key information

16.8%

Earnings growth rate

14.7%

EPS growth rate

Gas Utilities Industry Growth5.6%
Revenue growth rate33.2%
Return on equity10.6%
Net Margin2.9%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Foran Energy Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

XSEC:002911 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2430,155872551365
30 Jun 2428,578859545371
31 Mar 2427,217847479349
31 Dec 2325,538844456337
30 Sep 2323,100688367302
30 Jun 2321,763661433295
31 Mar 2320,101658476300
01 Jan 2318,923655403286
30 Sep 2217,368605450250
30 Jun 2216,325602404315
31 Mar 2214,718600350314
01 Jan 2213,531595356301
30 Sep 2112,180469314314
30 Jun 2110,050497291216
31 Mar 218,523487299169
31 Dec 207,572469273148
30 Sep 206,896448259106
30 Jun 206,39241925069
31 Mar 206,27940525544
31 Dec 196,42741226131
30 Sep 196,06438426026
30 Jun 195,72034925617
31 Mar 195,2873382508
31 Dec 185,0943622456
30 Sep 184,8404042364
30 Jun 184,6463922342
31 Mar 184,4733742270
31 Dec 174,2923472180
30 Sep 174,1163402040
31 Dec 163,7693371960
31 Dec 154,0943692270
31 Dec 143,8693051990

Quality Earnings: 002911 has high quality earnings.

Growing Profit Margin: 002911's current net profit margins (2.9%) are lower than last year (3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002911's earnings have grown by 16.8% per year over the past 5 years.

Accelerating Growth: 002911's earnings growth over the past year (26.7%) exceeds its 5-year average (16.8% per year).

Earnings vs Industry: 002911 earnings growth over the past year (26.7%) exceeded the Gas Utilities industry 15.9%.


Return on Equity

High ROE: 002911's Return on Equity (10.6%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 17:01
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Foran Energy Group Co., Ltd. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Weijia WangHuatai Research