Feishang Anthracite Resources Limited (FSHRF) Stock Analysis
Educational signal · not a buy or sell recommendation · How to read this
Beta 0.74: the stock has moved about 26% less than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerFeishang Anthracite Resources Limited (FSHRF) trades at $0.0484. Feishang Anthracite Resources Limited is an investment holding company focused on the extraction, sale, and trade of anthracite coal in China. Sector: Energy.
Price as of Sep 11, 2026 · Last analyzed: Mar 17, 2026Analyst Coverage for FSHRF: FSHRF 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 FSHRF against Energy peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
These figures come from statements filed 15 months ago — the most recent this company has published.
No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.
FSHRF: the 2 scored disciplines are evenly split. Dominant signal: Izzy Englander bullish.
How is this calculated? →AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Feishang Anthracite Resources Limited (FSHRF) Energy Operations & Outlook
Feishang Anthracite Resources Limited, operating in the Chinese anthracite coal market, focuses on extraction, sales, and trading. With four coal mines in Guizhou province, the company also engages in coal washing, positioning itself within the energy sector amidst fluctuating market dynamics and environmental considerations.
What Is the Investment Thesis for FSHRF?
Feishang Anthracite Resources Limited presents a speculative investment opportunity within the Chinese anthracite coal market. The company's negative profit margin of -217.5% and gross margin of -7.0% raise concerns about its financial viability. While the company operates four coal mines in Guizhou province, its ability to generate sustainable profits is uncertain. Potential growth catalysts include increased demand for anthracite coal and improved operational efficiency. However, the company faces risks related to fluctuating coal prices, environmental regulations, and competition from other coal producers. Investors should carefully consider these factors before investing in Feishang Anthracite Resources Limited.
Based on FMP financials and quantitative analysis
FSHRF Key Highlights
Market capitalization of $0.02 billion indicates a small-cap company.
- Negative P/E ratio of -0.22 reflects current unprofitability.
- Profit margin of -217.5% signals significant operational challenges.
- Gross margin of -7.0% suggests difficulties in cost management.
- Beta of 0.74 indicates lower volatility compared to the overall market.
Who Are FSHRF's Competitors?
FSHRF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| AKTAF AKITA Drilling Ltd. | $2.88 | -1.77% | $112M | 499-signal |
| BNPJY Banpu Public Company Limited | $1.60 | 0.00% | $40.1M | — |
| CGXEF CGX Energy Inc. | $0.14 | -0.55% | $47.4M | — |
| CNNEF Canacol Energy Ltd | $1.06 | 0.00% | $36.2M | — |
| HPMCF Africa Energy Corp. | $0.15 | 0.00% | $70.9M | — |
| HCC Warrior Met Coal, Inc. | $101.65 | -2.59% | $5.37B | 695-pillar |
| CNR Core Natural Resources, Inc. | $98.52 | -0.86% | $4.97B | 545-pillar |
| BTU Peabody Energy Corporation | $29.03 | -1.12% | $3.54B | 485-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.
What Are FSHRF's Key Strengths?
Operates four coal mines in Guizhou province.
- Involved in coal washing activities.
- Subsidiary of Feishang Industrial Group Co., Ltd.
- Established presence in the Chinese anthracite coal market.
What Are FSHRF's Weaknesses?
Negative profit margin of -217.5%.
- Negative gross margin of -7.0%.
- Small market capitalization of $0.02 billion.
- Dependence on the Chinese anthracite coal market.
What Could Drive FSHRF Stock Higher?
Potential increase in demand for anthracite coal due to energy needs in China.
- Improved operational efficiency and cost management initiatives.
- Potential acquisition of additional coal mines (timeline: 2-3 years).
- Development of anthracite coal-based chemical products (timeline: 3-5 years).
- Exploration of exporting anthracite coal to international markets (timeline: 2-4 years).
What Are the Key Risks for FSHRF?
Financial-distress signal — its Altman Z-Score of -4.00 sits in the distress zone (elevated bankruptcy risk).
- Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Fluctuations in coal prices impacting revenue and profitability.
- Increasing stringent environmental regulations increasing operating costs.
- Competition from other coal producers in China.
- Decline in demand for anthracite coal due to shift towards cleaner energy sources.
- Limited financial disclosure and low liquidity due to OTC Other status.
What Are the Growth Opportunities for FSHRF?
- Expansion of Coal Washing Activities: Feishang Anthracite Resources can increase its revenue and profitability by expanding its coal washing activities. Washed coal commands a higher price in the market due to its improved quality and reduced environmental impact. Investing in advanced coal washing technologies and expanding the capacity of its washing facilities could significantly enhance the company's competitiveness. The market for washed coal in China is growing, driven by stricter environmental regulations and increasing demand for cleaner energy sources. Timeline: Ongoing.
- Acquisition of Additional Coal Mines: Acquiring additional coal mines in Guizhou province or other regions of China could significantly increase Feishang Anthracite Resources' production capacity and market share. Strategic acquisitions could provide access to new reserves, improve economies of scale, and diversify the company's operations. The Chinese coal market is fragmented, presenting opportunities for consolidation. However, acquisitions also involve risks related to integration, financing, and regulatory approvals. Timeline: Potential within 2-3 years.
- Development of Anthracite Coal-Based Chemical Products: Feishang Anthracite Resources can diversify its product portfolio by developing anthracite coal-based chemical products. Anthracite coal can be used as a feedstock for producing various chemicals, including fertilizers, plastics, and synthetic fuels. This diversification could reduce the company's reliance on the traditional coal market and create new revenue streams. The market for coal-based chemicals is growing, driven by increasing demand for these products in various industries. Timeline: Potential within 3-5 years.
- Exporting Anthracite Coal to International Markets: Feishang Anthracite Resources can explore opportunities to export anthracite coal to international markets. While the Chinese market is its primary focus, exporting to countries with high demand for anthracite coal could provide additional revenue streams and reduce its reliance on the domestic market. This would require establishing international trading relationships and complying with international trade regulations. Timeline: Potential within 2-4 years.
- Improving Operational Efficiency and Cost Management: Feishang Anthracite Resources can improve its profitability by focusing on operational efficiency and cost management. Implementing lean manufacturing principles, optimizing its supply chain, and reducing waste could significantly lower its operating costs. This would improve its competitiveness and allow it to generate higher profits even in a challenging market environment. Timeline: Ongoing.
What Are FSHRF's Competitive Advantages?
- Access to Anthracite Coal Reserves: Ownership and operation of four coal mines in Guizhou province provides direct access to anthracite coal reserves.
- Coal Washing Capabilities: Involvement in coal washing activities enhances the quality and marketability of its coal products.
- Established Presence in Guizhou Province: Operating in Guizhou province provides a regional advantage in terms of logistics and market access.
What Does FSHRF Do?
Feishang Anthracite Resources Limited, established in 2010 and based in Hong Kong, functions as an investment holding company with core operations centered on the anthracite coal industry in the People's Republic of China. Originally named Wealthy Year Limited, the company's primary activities encompass the acquisition, construction, development, and operation of anthracite coal mines. Feishang Anthracite Resources owns and operates four coal mines located in the Guizhou province, a region known for its significant coal reserves. In addition to coal mining, Feishang Anthracite Resources is involved in coal washing, a process that removes impurities from coal to improve its quality and marketability. The company's business model is predicated on extracting and processing anthracite coal for sale and trade within the Chinese market. As a subsidiary of Feishang Industrial Group Co., Ltd., Feishang Anthracite Resources benefits from the resources and expertise of its parent company. The company navigates the complexities of the Chinese energy market, balancing operational efficiency with environmental regulations and market demand.
What Products and Services Does FSHRF Offer?
- Extracts anthracite coal from its mines in Guizhou province, China.
- Sells and trades anthracite coal to various customers.
- Acquires, constructs, and develops anthracite coal mines.
- Operates four coal mines in Guizhou province.
- Engages in coal washing activities to improve coal quality.
- Functions as an investment holding company within the coal industry.
How Does FSHRF Make Money?
- Extracts anthracite coal from its own mines.
- Processes the coal through washing to improve its quality.
- Sells the coal to customers in the Chinese market.
- Generates revenue from the sale of anthracite coal.
What Industry Does FSHRF Operate In?
Feishang Anthracite Resources operates within the Chinese coal industry, a sector undergoing significant transformation due to environmental concerns and government regulations. The demand for coal in China remains substantial, driven by the country's energy needs, but there is increasing pressure to transition to cleaner energy sources. The competitive landscape includes both large state-owned enterprises and smaller private companies. Feishang Anthracite Resources' position is influenced by its operational efficiency, access to resources, and ability to comply with environmental standards. The company must navigate these challenges to maintain its market share and profitability.
Who Are FSHRF's Key Customers?
- Power plants that use anthracite coal for electricity generation.
- Industrial companies that use anthracite coal for heating and other processes.
- Trading companies that distribute anthracite coal to various customers.
- Chemical companies that use anthracite coal as a feedstock.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● Latest filing 254 days ago
- ● No analyst coverage
- ● Reported in CNY, converted to USD
MoonshotScore History
Recorded daily since 2026-08-23 · 19 snapshots
| 2026-08-23 | 39 |
| 2026-08-26 | 39 |
| 2026-08-29 | 39 |
| 2026-09-01 | 39 |
| 2026-09-04 | 39 |
| 2026-09-07 | 39 |
| 2026-09-10 | 39 |
What changed?
The score has stayed at 39.
Over the same 18 days the stock moved +849.0%.
Financial Health
Feishang Anthracite Resources Limited's Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -4.00 places it in the distress zone, a signal of elevated financial risk.
Quarterly Financial Performance: Feishang Anthracite Resources Limited
Revenue for Feishang Anthracite Resources Limited came in at $32.3M during Q4 FY2025, a 58.5% improvement versus the preceding quarter. The company recorded a net loss of $57.0M, with diluted EPS of $-0.04. Quarter-over-quarter revenue has been mixed, typical for a unknown company operating in Energy. Across the four most recent quarters, FSHRF averaged $-0.03 in diluted EPS.
Key Financial Metrics
Return on equity for Feishang Anthracite Resources Limited stands at 27.8%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -23.9%, showing how much profit it generates from its asset base. Its free cash flow yield is 27.4%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.03 means current liabilities exceed short-term assets, a liquidity point worth watching.
Company Profile
Feishang Anthracite Resources Limited operates in the Coal industry within the Energy sector. It is headquartered in Hong Kong, HK. The company is led by CEO Zongyang Li. FSHRF has traded publicly since 2014.
FSHRF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Operates four coal mines in Guizhou province.
- Involved in coal washing activities.
- Subsidiary of Feishang Industrial Group Co., Ltd.
- Established presence in the Chinese anthracite coal market.
Bear Case
- Negative profit margin of -217.5%.
- Negative gross margin of -7.0%.
- Small market capitalization of $0.02 billion.
- Dependence on the Chinese anthracite coal market.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q4 FY2025 | $32M | -$57M | -$0.04 |
| Q2 FY2025 | $20M | -$36M | -$0.03 |
| Q4 FY2024 | $23M | -$59M | -$0.04 |
| Q2 FY2024 | $23M | -$21M | -$0.02 |
Q4 FY2025 · filed 31 Dec 2025 · Financial Modeling Prep
Based on FMP financials and quantitative analysis · Converted to USD from CNY at today's rate
FSHRF Latest News
No recent news available for FSHRF.
FSHRF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for FSHRF.
Price Targets
Wall Street price target analysis for FSHRF.
FSHRF MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for FSHRF; grades run from A+ (80-100) to F (below 30).
Leadership: Zongyang Li
Unknown
Further research is needed to gather more information about his professional experience and qualifications.
Track Record: Information on Zongyang Li's track record is not available. Further research is needed to assess his performance as CEO.
FSHRF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Feishang Anthracite Resources Limited may not meet the minimum financial standards required for higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, and trading activity can be sporadic. Investing in OTC Other stocks carries significant risks due to the potential for fraud, lack of transparency, and limited regulatory oversight. Investors should exercise extreme caution and conduct thorough due diligence before investing in companies on this tier.
- OTC Tier: OTC Other
- Limited Financial Disclosure: The company's financial reporting may be limited or non-existent, making it difficult to assess its financial health.
- Low Liquidity: Trading volume may be very low, making it difficult to buy or sell shares.
- Potential for Fraud: OTC Other stocks are more susceptible to fraud and manipulation.
- Limited Regulatory Oversight: The company is subject to less regulatory scrutiny than companies listed on major exchanges.
- Going Concern Risk: The company's ability to continue operating as a going concern may be uncertain.
- Verify the company's registration and legal status.
- Obtain and review any available financial statements.
- Assess the company's business model and competitive landscape.
- Evaluate the management team and their track record.
- Understand the risks associated with investing in OTC Other stocks.
- Consult with a financial advisor before investing.
- Determine if the company is SEC-reporting or not.
- Subsidiary of Feishang Industrial Group Co., Ltd.
- Operates four coal mines in Guizhou province.
- Involved in coal washing activities.
Feishang Anthracite Resources Limited Energy Stock: Key Questions Answered
Is FSHRF a good stock?
Stock Expert AI does not rate FSHRF buy, sell or hold. Feishang Anthracite Resources Limited has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.
What do analysts say about FSHRF stock?
There is currently no available analyst coverage or consensus on Feishang Anthracite Resources Limited (FSHRF) due to its OTC Other listing and small market capitalization. Key valuation metrics such as price targets and ratings are not available.
What are the key factors to evaluate for FSHRF?
Evaluate FSHRF on fundamentals, analyst consensus, and risk factors. The company's negative profit margin of -217.5% and gross margin of -7.0% raise concerns about its financial viability. Not financial advice.
How frequently does FSHRF data refresh on this page?
FSHRF's price was last updated on Sep 11, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven FSHRF's recent stock price performance?
Feishang Anthracite Resources Limited (FSHRF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Operates four coal mines in Guizhou province. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider FSHRF overvalued or undervalued right now?
Feishang Anthracite Resources Limited (FSHRF) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Can I buy fractional shares of FSHRF?
Yes, most major brokerages offer fractional shares of Feishang Anthracite Resources Limited (FSHRF) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.
How can I track FSHRF's earnings and financial reports?
Feishang Anthracite Resources Limited (FSHRF) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for FSHRF earnings announcements.
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
Data provided for informational purposes only.
- Limited information available on OTC-traded companies.
- Lack of analyst coverage impacts the depth of financial analysis.