Feishang Anthracite Resources Limited logo

Feishang Anthracite Resources Limited

1738.HK

HKSEEnergyCoal

Latest quote

HK$0.069

−HK$0.002 · -2.82%

Aug 24, 11:51 AM HKTData delayed

1738.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Feishang Anthracite Resources Limited, an investment holding enterprise, is primarily engaged in the mining, sale, and commercialization of anthracite coal across the People's Republic of China. Its core operations involve the acquisition, development, construction, and management of anthracite coal mines, including four active sites situated in China's Guizhou province. The company also conducts coal washing activities. Incorporated in 2010 and based in Sheung Wan, Hong Kong, this entity was previously known as Wealthy Year Limited. It operates as a subsidiary of Feishang Industrial Group Co., Ltd.

Industry
Coal
Sector
Energy
Headquarters
HK
CEO
Zongyang Li
Listed since
Jan 22, 2014
Employees
1,675

Market position

Day range

Current HK$0.069

52-week range

Current HK$0.069

Open
HK$0.079
Previous close
HK$0.071
Volume
97.5K
0.11× average
Average volume
927.21K
Average daily volume
Market cap
95.26M HKD
Beta
0.73
Market reference 1
50-day average
HK$0.0561
+23.08% above average
200-day average
HK$0.0982
-29.76% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.84B CNY
P/E (TTM)
-0.13×
P/B (TTM)
-0.03×
P/S (TTM)
0.23×
EV / EBITDA
-8.27×
Earnings yield
-494.65%
Free cash flow yield
14.72%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
-15.16%
Operating margin
-53.48%
Net margin
-175.47%
Return on equity
25.57%
Return on assets
-23.86%
Return on invested capital
215.92%

Financial health

Debt / equity
-0.7×
Current ratio
0.03×
Altman Z-score
-3.93
Piotroski F-score
2 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends63%-24%-110%-197%Gross margin, FY2021: 35.57%Gross margin, FY2022: 41.20%Gross margin, FY2023: 23.46%Gross margin, FY2024: 4.77%Gross margin, FY2025: -15.16%Operating margin, FY2021: 10.83%Operating margin, FY2022: 17.85%Operating margin, FY2023: -8.27%Operating margin, FY2024: -47.16%Operating margin, FY2025: -53.48%Net margin, FY2021: -10.16%Net margin, FY2022: 3.31%Net margin, FY2023: -49.80%Net margin, FY2024: -174.83%Net margin, FY2025: -175.47%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 35.57%. Gross margin FY2022 41.20%. Gross margin FY2023 23.46%. Gross margin FY2024 4.77%. Gross margin FY2025 -15.16%. Operating margin FY2021 10.83%. Operating margin FY2022 17.85%. Operating margin FY2023 -8.27%. Operating margin FY2024 -47.16%. Operating margin FY2025 -53.48%. Net margin FY2021 -10.16%. Net margin FY2022 3.31%. Net margin FY2023 -49.80%. Net margin FY2024 -174.83%. Net margin FY2025 -175.47%.

Income trends

Revenue

356.77M CNY+15.72%

Operating income

−190.8M CNY-31.22%

Net income

−626.03M CNY-16.14%
Income trends across reported periods1.83B CNY934.43M CNY42.74M CNY−848.95M CNYRevenue, FY2021: 1.12B CNYRevenue, FY2022: 1.6B CNYRevenue, FY2023: 990.79M CNYRevenue, FY2024: 308.31M CNYRevenue, FY2025: 356.77M CNYOperating income, FY2021: 121.44M CNYOperating income, FY2022: 286.2M CNYOperating income, FY2023: −81.94M CNYOperating income, FY2024: −145.41M CNYOperating income, FY2025: −190.8M CNYNet income, FY2021: −113.84M CNYNet income, FY2022: 53.11M CNYNet income, FY2023: −493.42M CNYNet income, FY2024: −539.03M CNYNet income, FY2025: −626.03M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.12B CNY. Revenue FY2022 1.6B CNY. Revenue FY2023 990.79M CNY. Revenue FY2024 308.31M CNY. Revenue FY2025 356.77M CNY. Operating income FY2021 121.44M CNY. Operating income FY2022 286.2M CNY. Operating income FY2023 −81.94M CNY. Operating income FY2024 −145.41M CNY. Operating income FY2025 −190.8M CNY. Net income FY2021 −113.84M CNY. Net income FY2022 53.11M CNY. Net income FY2023 −493.42M CNY. Net income FY2024 −539.03M CNY. Net income FY2025 −626.03M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue356.77M CNY308.31M CNY990.79M CNY1.6B CNY1.12B CNY
Cost of goods sold410.85M CNY293.6M CNY758.33M CNY942.67M CNY722.22M CNY
Gross profit−54.08M CNY14.71M CNY232.45M CNY660.52M CNY398.79M CNY
Selling, general, and administrative136.72M CNY160.11M CNY264.85M CNY279.08M CNY240.4M CNY
Operating expenses136.72M CNY160.11M CNY314.39M CNY374.44M CNY277.22M CNY
Interest income11K CNY627K CNY1.48M CNY575K CNY1.91M CNY
Interest expense153.41M CNY152.01M CNY140.99M CNY151.38M CNY160.55M CNY
Depreciation and amortization92.51M CNY213.07M CNY235.66M CNY326.23M CNY253.74M CNY
Operating income−190.8M CNY−145.41M CNY−81.94M CNY286.2M CNY121.44M CNY
Net income−626.03M CNY−539.03M CNY−493.42M CNY53.11M CNY−113.84M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.3

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.07-0.09-0.25-0.42Q2 '21Q4 '21Q3 '22Q2 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual -0.078, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual -0.018, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 31, 2022: actual -0.013, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 26, 2023: actual 0.034, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual -0.018, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual -0.377, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual -0.112, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual -0.305, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates1.1B779.43M459.65M139.87MQ2 '21Q4 '21Q3 '22Q2 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 537.77M HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 824.11M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 31, 2022: actual 818.11M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 26, 2023: actual 1.03B HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual 693.56M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual 386.76M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual 164.97M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 164.56M HKD, estimate —, surprise —, Comparison unavailable.

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