Feishang Anthracite Resources (1738) AI Stock Analysis

• Market Cap: $154.47M
• Dividend Yield: N/A
• Average Volume (3M): 33.17K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.02
• Revenue Growth: -69.69%
• EPS Growth: -9.41%
• Country: HK
• Employees: 2,107
• Sector: Energy
• Sector Strength: 55
• Industry: Coal
• EPS (TTM): -0.42
• Shares Outstanding: 1,367,033,900
• 10 Day Avg. Volume: 35,000
• 30 Day Avg. Volume: 33,166
• PEG Ratio: -0.07
• Price to Book (P/B): -1.22
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 2.51
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 31 Underperform
• Price Target: ―

Feishang Anthracite Resources is facing significant financial distress, with declining revenues, negative profitability, and critical balance sheet weaknesses. The bearish technical indicators and negative P/E ratio further underscore the challenges. Immediate strategic action is essential to address liquidity and solvency concerns.

Feishang Anthracite Resources Business Overview & Revenue Model

Company Description

Feishang Anthracite Resources Limited (1738) is a Hong Kong-based investment holding company primarily engaged in the extraction, production, and sale of anthracite coal. The company operates in the energy sector, focusing on the development and management of coal mines, primarily in China. Its core products include various grades of anthracite coal, which is used in industrial furnaces and for the generation of electricity due to its high carbon content and energy efficiency.

How the Company Makes Money

Feishang Anthracite Resources generates revenue through the mining and sale of anthracite coal. The company's primary revenue stream comes from extracting this coal from its mines and selling it to industrial customers, power plants, and other entities that require coal for energy production or manufacturing processes. Key factors contributing to its earnings include the demand for energy in China, coal market prices, and the company's operational efficiency in mining operations. Feishang may also engage in partnerships with local governments or other corporations to enhance its production capacity and market reach.

Feishang Anthracite Resources Financial Statement Overview

Summary

Feishang Anthracite Resources faces critical financial challenges. Significant revenue and profit declines, coupled with worsening margins, indicate operational difficulties. The balance sheet's negative equity and excessive leverage raise solvency concerns. Lack of cash generation further exacerbates financial risks, requiring immediate strategic interventions to stabilize the company's financial position.

Income Statement

Feishang Anthracite Resources has experienced declining revenues and profitability. The revenue in 2024 ($308.3M) decreased significantly from 2023 ($990.8M), leading to an alarming negative revenue growth rate. Gross profit margin deteriorated, and the net profit margin is negative due to substantial net losses. The company has been facing operational challenges, reflected in negative EBIT and EBITDA margins.

Balance Sheet

The company's balance sheet shows high financial leverage with a negative stockholders' equity, indicating insolvency risk. Debt-to-equity ratios are not calculable due to negative equity, highlighting financial instability. Total liabilities exceed total assets, and the declining equity position suggests a deteriorating financial health trajectory.

Cash Flow

Cash flow analysis reveals an unsustainable situation with zero operating and free cash flows in 2024. This is a drastic decline from positive free cash flow in previous years. The inability to generate cash flow from operations poses a significant risk to liquidity and financial sustainability.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
308.31M	990.79M	1.60B	1.12B	1.01B
	Gross Profit
14.71M	232.45M	660.52M	398.79M	297.44M
	EBIT
-145.41M	-81.94M	286.20M	121.44M	30.87M
	EBITDA
-19.36M	-111.96M	609.68M	371.77M	39.68M
	Net Income Common Stockholders
-539.03M	-493.42M	73.92M	-92.89M	-346.93M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.14M	36.01M	31.74M	30.38M	36.00M
	Total Assets
2.86B	3.11B	3.32B	3.37B	3.41B
	Total Debt
2.09B	1.87B	1.84B	2.07B	2.03B
	Net Debt
2.09B	1.86B	1.82B	2.05B	2.01B
	Total Liabilities
4.49B	4.16B	3.87B	4.01B	3.96B
	Stockholders Equity
-1.82B	-1.28B	-796.92M	-849.21M	-735.57M
Cash Flow		Free Cash Flow
0.00	158.27M	388.04M	110.31M	-35.26M
	Operating Cash Flow
0.00	418.74M	637.16M	276.82M	189.09M
	Investing Cash Flow
0.00	-253.18M	-250.75M	-154.03M	-222.66M
	Financing Cash Flow
0.00	-179.83M	-384.85M	-127.63M	23.13M

Feishang Anthracite Resources Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1738, the sentiment is Negative. The current price of 0.1 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.10, and below the 200-day MA of 0.11, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 45.79 is Neutral, neither overbought nor oversold. The STOCH value of 31.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1738.

Feishang Anthracite Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1088	80 Outperform	$818.57B	10.97	12.78%	7.17%	-7.73%	-6.97%
1898	76 Outperform	$141.48B	5.87	12.03%	11.62%	-4.04%	-12.32%
1171	69 Neutral	HK$116.74B	5.51	22.05%	7.21%	2.87%	―
1193	59 Neutral	$49.33B	12.07	9.94%	0.81%	1.39%	-21.74%
Sector *	58 Neutral	$7.47B	3.50	-4.45%	10.05%	0.81%	-49.42%
1170	57 Neutral	$410.67M	―	-1.27%	20.61%	-21.53%	-131.69%
1738	31 Underperform	$154.47M	―		―	-69.69%	-9.41%

Feishang Anthracite Resources Corporate Events

Feishang Anthracite Resources Schedules 2025 Annual General Meeting

Feishang Anthracite Resources Limited has announced its upcoming annual general meeting scheduled for May 30, 2025, in Hong Kong. Key agenda items include the consideration of the company’s audited financial statements for 2024, re-election of directors, re-appointment of auditors, and granting a general mandate to the directors for share allotment. These resolutions are crucial for maintaining the company’s governance structure and financial transparency, potentially impacting its operational efficiency and shareholder relations.

Feishang Anthracite Resources Reports Significant Financial Decline for 2024

Feishang Anthracite Resources Limited reported a significant decline in its financial performance for the year ended December 31, 2024. The company’s revenue from continuing operations decreased by approximately 68.9%, and its gross profit plummeted by 99.9%. The loss attributable to owners of the parent from continuing operations increased by 9.3%, highlighting a challenging year for the company. These results reflect the company’s struggle to maintain profitability amidst industry challenges, impacting its market position and stakeholder confidence.

Feishang Anthracite Resources Schedules Board Meeting for Annual Results and Dividend Consideration

Feishang Anthracite Resources Limited has announced that its board of directors will meet on March 31, 2025, to consider and approve the annual results for the year ending December 31, 2024. The meeting will also discuss the potential payment of a final dividend, which could have implications for the company’s financial strategy and stakeholder interests.