Foran Energy Group Co Ltd
SZSE:002911
Foran Energy Group Co Ltd
Net Income (Common)
Foran Energy Group Co Ltd
Net Income (Common) Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Net Income (Common) | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
Foran Energy Group Co Ltd
SZSE:002911
|
Net Income (Common)
¥820.8m
|
CAGR 3-Years
20%
|
CAGR 5-Years
16%
|
CAGR 10-Years
N/A
|
|
|
ENN Energy Holdings Ltd
HKEX:2688
|
Net Income (Common)
¥6B
|
CAGR 3-Years
-8%
|
CAGR 5-Years
1%
|
CAGR 10-Years
7%
|
|
|
S
|
Shanghai Dazhong Public Utilities Group Co Ltd
SSE:600635
|
Net Income (Common)
¥109.7m
|
CAGR 3-Years
-41%
|
CAGR 5-Years
-25%
|
CAGR 10-Years
-9%
|
|
|
ENN Natural Gas Co Ltd
SSE:600803
|
Net Income (Common)
¥7.5B
|
CAGR 3-Years
19%
|
CAGR 5-Years
24%
|
CAGR 10-Years
24%
|
|
|
X
|
Xinjiang Xintai Natural Gas Co Ltd
SSE:603393
|
Net Income (Common)
¥1.3B
|
CAGR 3-Years
7%
|
CAGR 5-Years
21%
|
CAGR 10-Years
N/A
|
|
|
Shenzhen Gas Corp Ltd
SSE:601139
|
Net Income (Common)
¥1.4B
|
CAGR 3-Years
-1%
|
CAGR 5-Years
5%
|
CAGR 10-Years
7%
|
|
Foran Energy Group Co Ltd
Glance View
Foran Energy Group Co Ltd., a prominent player in China's energy sector, operates within the intriguing world of natural gas distribution and sales. Based in the industrial heartland of Foshan, Guangdong Province, the company is a pivotal part of the regional infrastructure, ensuring that the bustling factories and urban households have a steady supply of natural gas to fuel their activities. The company primarily focuses on the distribution of piped natural gas, a cleaner and more efficient alternative to traditional fossil fuels. Foran Energy acts as the critical link between upstream natural gas suppliers and end-users by securing long-term supply contracts and investing in an extensive pipeline network that snakes through cities and industrial zones. Their revenue streams are primarily driven by the volume of natural gas distributed, reflecting both the region's industrial activity and the growth in residential gas consumption. While distribution remains its core business, Foran Energy has strategically diversified its operations to include the construction and operation of gas-fired power plants, adding another layer to its income generation capabilities. This diversification ensures they capitalize on the increased demand for electricity in rapidly urbanizing regions, subsequently boosting their profitability. By marrying their extensive distribution networks with electric power generation, Foran Energy not only enhances its economic resilience but also contributes to the stability and sustainability of the local energy supply. In essence, the company's robust infrastructure and strategic positioning enable it to thrive in a landscape driven by energy transformation and urban expansion.
See Also
What is Foran Energy Group Co Ltd's Net Income (Common)?
Net Income (Common)
820.8m
CNY
Based on the financial report for Sep 30, 2024, Foran Energy Group Co Ltd's Net Income (Common) amounts to 820.8m CNY.
What is Foran Energy Group Co Ltd's Net Income (Common) growth rate?
Net Income (Common) CAGR 5Y
16%
Over the last year, the Net Income (Common) growth was 21%. The average annual Net Income (Common) growth rates for Foran Energy Group Co Ltd have been 20% over the past three years , 16% over the past five years .
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