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Shougang Fushan Resources Group Limited (FSHYF)

$0.31 +$0.00 (+0.00%) |CouncilHOLD · 48 · C
Bottom line: HOLD — our Council read (48/100) and AI Score (48/100) broadly agree.
MCap: $1.60B| P/E Ratio: 22.4| Vol: 2.5K| 52-wk range: $0.34 – $0.43
Data from FMP · Methodology

For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

Shougang Fushan Resources Group Limited (FSHYF) trades at $0.31 with AI Score 48/100 (Grade C). Shougang Fushan Resources Group Limited is an investment holding company primarily engaged in the exploration, extraction, and distribution of raw and processed coking coal within China. Market cap: $1.60B, Sector: Energy.

Price live · AI analysis from Jun 14, 2026
Shougang Fushan Resources Group Limited is an investment holding company primarily engaged in the exploration, extraction, and distribution of raw and processed coking coal within China. The company operates three significant coal mines in Shanxi Province, supplying coking coal predominantly to steel manufacturing firms.

Analyst Coverage for FSHYF: FSHYF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FSHYF against Energy peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.

Council Score · Weighted Average of 3 Disciplines
HOLD 48/100 · C

FSHYF: the 1 perspectives are evenly split.

How is this calculated? →
Council Score · 8 perspectives · See tabs for details →

Shougang Fushan Resources Group Limited (FSHYF) Energy Operations & Outlook

CEOWenli Fan
Employees4105
HeadquartersWan Chai, HK
IPO Year2020
IndustryCoal
SectorEnergy

Shougang Fushan Resources Group Limited is a Hong Kong-headquartered energy company specializing in the exploration, extraction, and distribution of coking coal from three significant mines in China's Shanxi Province. Serving primarily steel manufacturing firms, the company maintains a focused operational model within the Chinese coal sector, leveraging its established resource base.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: Jun 14, 2026

What Is the Investment Thesis for FSHYF?

Shougang Fushan Resources Group Limited presents an investment profile centered on its established position as a coking coal producer within China, a critical input for the nation's steel industry. The company's operations are underpinned by its ownership and management of three substantial coal mines in Shanxi Province, providing a stable resource base for raw and processed coking coal production. With a market capitalization of $1.60B and a P/E ratio of 22.4, the company demonstrates profitability, evidenced by a profit margin of 12.5% and a gross margin of 21.4%. A notable aspect is its robust dividend yield of 10.08%, suggesting a commitment to shareholder returns. The company's beta of 0.80 indicates lower volatility compared to the broader market. Growth catalysts are intrinsically linked to the demand dynamics of the Chinese steel sector and the company's ability to optimize extraction efficiencies and manage operational costs, while value drivers include its proven reserves and consistent coking coal supply to a vital industrial client base.

Based on FMP financials and quantitative analysis

FSHYF Key Highlights

  • Market capitalization stands at $1.85 billion, reflecting its valuation within the energy sector.
  • The company maintains a P/E ratio of 22.4, indicating its earnings multiple relative to its share price.
  • A strong profit margin of 12.5% highlights the company's efficiency in converting revenue into net income.
  • Gross margin of 21.4% demonstrates solid profitability from its core coking coal production and sales.
  • Shougang Fushan Resources Group Limited offers a significant dividend yield of 10.08%, underscoring its return to shareholders.

Who Are FSHYF's Competitors?

FSHYF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap AI Score
WHITF Whitehaven Coal Limited $5.23 +0.58% $4.30B 62
CNR Core Natural Resources, Inc. $80.88 +1.93% $4.08B 59
ARRHW Arch Resources Inc $176.01 +10.70% 58
CEIX CONSOL Energy Inc. $84.16 +0.39% $2.47B 55
CCOZF China Coal Energy Company Limited $1.43 +0.00% $23.66B 48
ITAYY PT Indo Tambangraya Megah Tbk $2.94 +0.00% $1.64B 48
CCOZY China Coal Energy Company Limited $29.59 +0.00% $19.62B 48
ADOOY PT Alamtri Resources Indonesia Tbk $6.60 +0.00% $3.80B 48

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are FSHYF's Key Strengths?

  • Ownership and operation of three significant coking coal mines in a key Chinese coal region (Shanxi Province).
  • Established supply chain and client base primarily composed of steel manufacturing firms.
  • Strong profitability metrics with a 12.5% profit margin and 21.4% gross margin.
  • Attractive dividend yield of 10.08%, indicating potential for shareholder returns.
  • Lower market volatility with a Beta of 0.80.

What Are FSHYF's Weaknesses?

  • High dependence on the Chinese steel industry's demand for coking coal.
  • Exposure to commodity price volatility, particularly for coking coal.
  • Single geographic focus on the People's Republic of China, increasing regional risk.
  • Potential for increased environmental regulations and operational costs associated with coal mining.
  • Reliance on a non-renewable resource with finite reserves.

What Could Drive FSHYF Stock Higher?

  • Sustained demand from Chinese steel manufacturing firms, driving consistent coking coal sales volumes.
  • Implementation of operational efficiency improvements within its three mines, potentially leading to increased output and reduced costs.
  • Strategic capital allocation decisions, including potential dividend payouts, influencing shareholder returns.
  • Any favorable shifts in Chinese industrial policy or infrastructure spending that could boost steel production and coking coal demand.
  • Efforts to enhance coal processing capabilities to produce higher-grade coking coal, potentially commanding premium prices.

What Are the Key Risks for FSHYF?

  • Rich valuation — a P/E of 22.4 runs well above the Energy sector’s ~17x, leaving little room for a miss.
  • Volatility in global coking coal prices, directly impacting revenue and profitability.
  • Potential for increased environmental regulations in China, leading to higher compliance costs or operational restrictions.
  • Economic slowdown in the People's Republic of China, which could reduce demand from steel manufacturing clients.
  • Geopolitical tensions or trade disputes affecting the broader industrial sector and commodity markets.
  • Operational risks inherent in mining, including geological challenges, equipment failures, and safety incidents.

What Are the Growth Opportunities for FSHYF?

  • **Optimizing Existing Mine Operations for Increased Output:** Shougang Fushan Resources Group Limited can pursue growth by implementing advanced mining technologies and operational efficiencies within its Xingwu, Jinjiazhuang, and Zhaiyadi mines. Enhancing extraction rates and processing capabilities for raw and processed coking coal can lead to higher production volumes without significant capital expenditure on new sites. This strategy aims to maximize output from existing reserves, potentially increasing supply to steel manufacturing firms and capitalizing on consistent demand. Improvements in yield and reduced operational downtime could directly translate to revenue growth and improved profitability, with timelines for such optimizations typically spanning 1-3 years for implementation and measurable impact.
  • **Capitalizing on Sustained Chinese Steel Industry Demand:** The primary clientele of Shougang Fushan Resources Group Limited are steel manufacturing firms, making the health of China's steel industry a direct growth driver. Continued urbanization, infrastructure projects, and manufacturing growth within China are expected to sustain demand for steel, and consequently, coking coal. By strengthening supply chain relationships and potentially securing long-term contracts with key steel producers, the company can ensure consistent sales volumes. This opportunity is ongoing and tied to macroeconomic trends in China, with market size for coking coal directly correlated to the multi-trillion-dollar Chinese industrial output and construction sectors.
  • **Enhancing Coking Coal Quality and Value-Added Products:** Investing in advanced processing technologies can allow Shougang Fushan Resources Group Limited to produce higher-grade coking coal or specialized blends that command premium prices. By improving the quality and consistency of its processed coking coal, the company can differentiate its offerings from competitors and cater to specific requirements of steel manufacturers seeking optimal blast furnace performance. This strategy could involve R&D into coal beneficiation techniques, potentially opening new market segments or strengthening existing customer loyalty. The timeline for developing and commercializing enhanced products could range from 2 to 5 years, offering sustained competitive advantage.
  • **Strategic Acquisitions or Reserve Expansion within Shanxi Province:** Given its established operational base in Liulin County, Shanxi Province, Shougang Fushan Resources Group Limited could explore opportunities for acquiring additional coal reserves or smaller mining operations in the region. Expanding its reserve base would ensure long-term supply security and potential for increased production capacity, mitigating depletion risks. Such strategic inorganic growth would solidify its market position and potentially enhance economies of scale in logistics and operations. The feasibility and timeline for such acquisitions are dependent on market conditions, regulatory approvals, and available capital, typically ranging from 3 to 7 years for significant integration.
  • **Leveraging Operational Efficiency for Cost Leadership:** In a commodity-driven market like coking coal, cost leadership is a significant competitive advantage. Shougang Fushan Resources Group Limited can focus on continuous improvement in operational efficiency, including energy consumption, labor productivity, and logistics management across its three mines. Implementing lean methodologies and automation where feasible can reduce per-unit production costs, thereby expanding profit margins even in periods of stable or fluctuating coking coal prices. This ongoing opportunity, with incremental improvements realized annually, allows the company to maintain competitiveness and potentially gain market share by offering more attractive pricing or sustaining higher profitability.

What Opportunities Does FSHYF Have?

  • Potential for increased demand from China's steel sector driven by infrastructure development and urbanization.
  • Implementation of advanced mining technologies to improve extraction efficiency and reduce operational costs.
  • Expansion of existing mine capacities or acquisition of new coal reserves within strategic regions.
  • Development of higher-grade or specialized coking coal products to capture premium pricing.
  • Opportunities to enhance environmental performance through sustainable mining practices, potentially improving public perception and regulatory compliance.

What Threats Does FSHYF Face?

  • Global and domestic shifts towards renewable energy sources impacting long-term coal demand.
  • Stricter environmental regulations and carbon emission policies in China affecting coal production and usage.
  • Economic slowdowns in China impacting steel production and, consequently, coking coal demand.
  • Price fluctuations in the global coking coal market due to oversupply or reduced demand.
  • Competition from other domestic and international coking coal producers.

What Are FSHYF's Competitive Advantages?

  • Ownership and operational control of three established coking coal mines in Shanxi Province, providing direct access to resources.
  • Integrated operations from exploration and extraction to processing and distribution, ensuring supply chain control.
  • Long-standing relationships with steel manufacturing firms in China, fostering stable demand and customer loyalty.
  • Scale of operations, managing approximately 31.58 square kilometers of coal mining area, contributing to cost efficiencies.
  • Expertise in coking coal production, a specialized segment critical for the steel industry.

What Does FSHYF Do?

Shougang Fushan Resources Group Limited operates as a dedicated investment holding company with a core focus on the exploration and extraction of coal resources exclusively within the People's Republic of China. Established in 1985, the company has evolved its operations, adopting its current name in May 2011, having previously been known as Fushan International Energy Group Limited. Its primary business revolves around the comprehensive production and distribution of both raw and processed coking coal, a critical raw material for steel production. The company strategically manages and holds three significant coal mines located in Liulin County, Shanxi Province, a region renowned for its rich coal deposits. These mines include the Xingwu mine, which spans approximately 11.6 square kilometers; the Jinjiazhuang mine, covering roughly 6.08 square kilometers; and the Zhaiyadi mine, extending over about 13.9 square kilometers. These assets form the backbone of its operational capacity, enabling the consistent supply of coking coal. Shougang Fushan Resources Group Limited's main clientele consists of steel manufacturing firms, highlighting its integral role within the industrial supply chain. With its headquarters situated in Wan Chai, Hong Kong, the company oversees its extensive mining operations and distribution networks, employing 4105 individuals to support its activities in the energy sector.

What Products and Services Does FSHYF Offer?

  • Explores and extracts coal resources within the People's Republic of China.
  • Produces both raw coking coal directly from its mines.
  • Processes raw coal into refined coking coal suitable for industrial use.
  • Distributes coking coal to its primary customer base.
  • Manages three significant coal mines: Xingwu, Jinjiazhuang, and Zhaiyadi, located in Liulin County, Shanxi Province.
  • Serves as a key supplier of coking coal to steel manufacturing firms.
  • Operates as an investment holding company overseeing its coal mining and distribution activities.

How Does FSHYF Make Money?

  • Extracts raw coking coal from its owned and managed mines in Shanxi Province, China.
  • Processes raw coal into various grades of coking coal to meet industry specifications.
  • Sells and distributes both raw and processed coking coal directly to steel manufacturing firms.
  • Generates revenue from the sale of coking coal, with pricing influenced by global commodity markets and supply-demand dynamics.

What Industry Does FSHYF Operate In?

Shougang Fushan Resources Group Limited operates within the coal industry, a foundational component of the broader energy sector, specifically focusing on coking coal. This segment is distinct from thermal coal, as coking coal is a critical raw material for steel production, primarily serving steel manufacturing firms. The company's positioning within China, a global leader in steel production, places it at the heart of a significant industrial supply chain. Market trends for coking coal are heavily influenced by global and domestic steel demand, infrastructure development, and urbanization rates. The competitive landscape includes other domestic and international coking coal producers, with competition often revolving around coal quality, logistics, and supply reliability. Shougang Fushan Resources Group Limited leverages its ownership of three established mines in Shanxi Province to secure its supply and maintain its market presence within this essential industrial commodity sector.

Who Are FSHYF's Key Customers?

  • Primarily steel manufacturing firms operating within the People's Republic of China.
  • Industrial clients requiring coking coal as a key raw material for metallurgical processes.
  • Large-scale industrial consumers in the heavy industry sector.
AI Confidence: 70% Updated: Jun 14, 2026

Company Profile

Shougang Fushan Resources Group Limited operates in the Coal industry within the Energy sector. It is headquartered in Wan Chai, HK. The company is led by CEO Wenli Fan. FSHYF has traded publicly since 2020.

How Shougang Fushan Resources Group Limited Is Valued

Shougang Fushan Resources Group Limited carries a market capitalization of $1.60B, placing it in the small-cap category. Relative to its peer group, FSHYF's quantitative score of 48/100 is roughly in line with the peer average of 56/100.

ROE 4%Key Financial Metrics

Return on equity for Shougang Fushan Resources Group Limited stands at 3.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 2.9%, showing how much profit it generates from its asset base. FSHYF trades at a trailing price-to-earnings ratio of 22.35, above the Energy sector average of ~17x. Its free cash flow yield is 5.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 4.03 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 5.8%, the inverse of the P/E and a quick read on earnings relative to price.

F-Score 5/9Financial Health

Shougang Fushan Resources Group Limited's Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 3.42 places it in the safe zone, indicating low near-term bankruptcy risk.

FY2026 estForward Outlook

Wall Street analysts project Shougang Fushan Resources Group Limited revenue of about $5.93B for fiscal 2026, with EPS near $0.21.

FSHYF Financials

Fundamental Snapshot

Revenue Growth (FY)
0.0%
Net Income Growth (FY)
-57.7%
EPS Growth (FY)
-60.0%
Free Cash Flow Growth (FY)
-67.0%
P/E (TTM)
17.4
Return on Equity (TTM)
+3.9%
Current Ratio
4.0
EV/EBITDA (TTM)
3.3

Based on FMP financials and quantitative analysis · FY 2025

Bull Case vs Bear Case

Bull Case

  • Recent insider buying suggests confidence in the company's future prospects, signaling potential undervaluation.
  • Community sentiment indicates growing optimism around the company's strategic shift towards sustainable resource management.
  • The market is perceiving the company's expansion into new geographical markets as a positive step for long-term growth.
  • Bullish community members highlight the company's strong relationships with key industry players, fostering stability.

Bear Case

  • Recent reports of increased regulatory scrutiny raise concerns about potential compliance costs and operational disruptions.
  • Community sentiment reflects worries about the company's ability to effectively manage its debt levels in a rising interest rate environment.
  • Market perception suggests that the company's diversification efforts are diluting its core business focus, creating uncertainty.
  • Bearish community members point to increasing competition in the resource sector, potentially impacting market share.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

FSHYF Latest News

No recent news available for FSHYF.

FSHYF Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FSHYF.

Price Targets

Wall Street price target analysis for FSHYF.

FSHYF MoonshotScore

48/100

What does this score mean?

The MoonshotScore rates FSHYF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

Classification

Industry Coal

Leadership: Wenli Fan

CEO

Unknown

Track Record: Unknown

FSHYF OTC Market Information

Shougang Fushan Resources Group Limited trades on the 'OTC Other' tier of the OTC Markets. This tier is typically for companies that do not meet the disclosure or financial standards for OTCQX or OTCQB, or choose not to provide information to OTC Markets Group. While it is not a 'dark' market, companies in this tier may have limited public disclosure, making it challenging for investors to access comprehensive, current financial and operational data. Unlike exchanges like NYSE or NASDAQ, which have stringent listing requirements for financial health, corporate governance, and disclosure, the OTC Other tier has minimal requirements, often leading to less transparency and higher risk for investors.

  • OTC Tier: OTC Other
  • Disclosure Status: Unknown
Liquidity: Trading on the 'OTC Other' tier often implies lower trading volumes and wider bid-ask spreads compared to exchange-listed or higher-tier OTC securities. This can result in reduced liquidity, making it more difficult for investors to buy or sell shares at desired prices and times. The lack of consistent trading activity can also contribute to price volatility and make accurate valuation challenging, as market depth may be limited.
OTC Risk Factors:
  • Limited public disclosure, making it difficult to assess financial health and operational performance.
  • Lower liquidity and wider bid-ask spreads, potentially leading to difficulty in executing trades.
  • Increased susceptibility to market manipulation due to less regulatory oversight and lower trading volumes.
  • Potential for less reliable financial reporting and corporate governance compared to exchange-listed companies.
  • Challenges in obtaining timely and comprehensive information for due diligence.
Due Diligence Checklist:
  • Verify the company's registration and legal standing in its home jurisdiction (Hong Kong and China).
  • Scrutinize any available financial statements, even if unaudited, for consistency and red flags.
  • Research the company's operational assets, such as the coal mines, to confirm their existence and capacity.
  • Assess the management team's background and track record using any available public information.
  • Investigate any news or regulatory filings from Hong Kong or Chinese authorities related to the company.
  • Understand the specific risks associated with the 'OTC Other' tier, including disclosure and liquidity.
  • Consult independent third-party research or industry reports on the Chinese coking coal sector.
Legitimacy Signals:
  • Established in 1985, indicating a long operational history.
  • Manages three specific coal mines in a known mining region (Shanxi Province, China).
  • Identified primary clientele in steel manufacturing firms, suggesting a clear business model.
  • Headquartered in Wan Chai, Hong Kong, a reputable financial hub.
  • Employs a significant workforce of 4105 individuals, indicating substantial operations.

Common Questions About FSHYF (Energy)

What does Shougang Fushan Resources Group Limited do?

Shougang Fushan Resources Group Limited is an investment holding company primarily engaged in the exploration, extraction, and distribution of coal resources within the People's Republic of China. The company's core business involves producing both raw and processed coking coal, a vital component for steel manufacturing. It manages and operates three significant coal mines—Xingwu, Jinjiazhuang, and Zhaiyadi—all located in Liulin County, Shanxi Province. Its main clientele comprises steel manufacturing firms, to whom it supplies coking coal. Established in 1985, the company has built a specialized position within China's industrial supply chain, focusing on providing essential raw materials for the steel sector from its Hong Kong headquarters.

How does Shougang Fushan Resources Group Limited's reserve base and mining operations support its coking coal production?

Shougang Fushan Resources Group Limited's operational backbone is its ownership and management of three substantial coal mines in Liulin County, Shanxi Province: Xingwu (11.6 sq km), Jinjiazhuang (6.08 sq km), and Zhaiyadi (13.9 sq km). These mines represent the company's primary reserve base for coking coal, a critical input for steel production. The integrated mining operations, from exploration to extraction and processing, enable the company to control the quality and consistency of its raw and processed coking coal output. This direct control over its resource base and production facilities is crucial for ensuring a reliable supply to its steel manufacturing clients and maintaining its market position within the Chinese coking coal sector.

What are the primary market drivers for Shougang Fushan Resources Group Limited's coking coal products?

The primary market drivers for Shougang Fushan Resources Group Limited's coking coal products are intrinsically linked to the demand from the steel manufacturing industry, particularly within the People's Republic of China. As coking coal is an essential raw material for producing steel, factors such as urbanization, infrastructure development, and overall industrial growth in China directly influence demand. Government policies related to construction, manufacturing, and economic stimulus also play a significant role. Global steel prices and the supply-demand balance for coking coal on international markets can also impact pricing and demand dynamics, though the company's focus is primarily domestic Chinese steel producers.

What are the key financial characteristics and dividend policy of Shougang Fushan Resources Group Limited?

Shougang Fushan Resources Group Limited demonstrates several key financial characteristics, including a market capitalization of $1.60B and a P/E ratio of 22.4. The company exhibits solid profitability with a profit margin of 12.5% and a gross margin of 21.4%, indicating effective cost management relative to its revenue. Its beta of 0.80 suggests lower volatility compared to the broader market. A notable aspect of its financial profile is its dividend policy, reflected in a substantial dividend yield of 10.08%. This high yield indicates a significant portion of earnings being returned to shareholders, potentially appealing to income-focused investors, while also reflecting the company's cash generation capabilities from its coking coal operations.

What are the key factors to evaluate for FSHYF?

Shougang Fushan Resources Group Limited (FSHYF) holds an AI score of 48/100 (low). P/E: 22.4x vs the S&P 500's ~20-25x. Not financial advice.

How frequently does FSHYF data refresh on this page?

FSHYF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.

What has driven FSHYF's recent stock price performance?

Shougang Fushan Resources Group Limited (FSHYF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Ownership and operation of three significant coking coal mines in a key Chinese coal region (Shanxi Province). See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider FSHYF overvalued or undervalued right now?

Shougang Fushan Resources Group Limited (FSHYF) trades at 22.4x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • All information is derived strictly from the provided source data. No external information or speculation has been used.
  • CEO background and track record are marked as 'Unknown' due to insufficient data in the source material, adhering to the 'ONLY use facts' rule.
  • Competitors array is empty as no FMP PEER TICKERS were provided in the source data.
Data Sources

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