Foran Energy Group Hits Day Low of CNY 12.38 Amid Price Pressure

Foran Energy Group Co., a large-cap player in the gas industry, experienced a notable decline today, with its stock price dropping by 4.34% to touch an intraday low of CNY 12.38. This decline comes amid a broader market backdrop, as the China Shanghai Composite index fell by only 0.94% on the same day.
Over the past week, Foran Energy has seen a decrease of 5.06%, contrasting with a slight gain of 0.37% in the broader index. Despite a more favorable performance over the past month, where the stock rose by 14.43%, its year-to-date performance stands at just 1.03%, significantly lagging behind the China Shanghai Composite's 16.27%.

The company has faced challenges recently, including a negative earnings report in March 2025, breaking a streak of 11 consecutive positive quarters. Key financial metrics indicate a debt-to-equity ratio of 1.02 and a return on equity of 28.53%, reflecting the company's financial structure and profitability. As Foran Energy navigates these fluctuations, its market position remains a focal point for stakeholders.