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Feishang Anthracite ResourcesFSHRF -50.49% Equity-to-Asset is -0.93 as of Dec. 2025. The stock has 3 warning signs investors should review. Among 185 Other Energy Sources companies, Feishang Anthracite Resources ranks worse than 97.84% on this metric.
The historical rank and industry rank for Feishang Anthracite Resources's Equity-to-Asset or its related term are showing as below:
FSHRF'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.93 Med: -0.23 Max: -0.08
Current: -0.93
During the past 13 years, the highest Equity to Asset Ratio of Feishang Anthracite Resources was -0.08. The lowest was -0.93. And the median was -0.23.
FSHRF's Equity-to-Asset is ranked worse than 97.84% of 185
companies
in the Other Energy Sources industry
Industry Median: 0.6
vs FSHRF: -0.93
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Feishang Anthracite Resources Equity-to-Asset Related Terms
Feishang Anthracite Resources Equity-to-Asset Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Thermal Coal subindustry, Feishang Anthracite Resources's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Feishang Anthracite Resources Equity-to-Asset vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Feishang Anthracite Resources's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Feishang Anthracite Resources's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Feishang Anthracite Resources (FSHRF) has a Equity-to-Asset of -0.93 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Feishang Anthracite Resources and its competitors. According to the industry distribution chart, Feishang Anthracite Resources ranks #181 out of 185 companies in the Other Energy Sources industry, placing it in the top 97.8%.
Is Feishang Anthracite Resources' Equity-to-Asset too high?
Feishang Anthracite Resources' current Equity-to-Asset is -0.93. Based on the distribution chart, Feishang Anthracite Resources ranks #181 out of 185 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers.
How does Feishang Anthracite Resources' Equity-to-Asset compare to competitors?
According to the Other Energy Sources industry distribution chart, Feishang Anthracite Resources ranks #181 out of 185 companies for Equity-to-Asset. This places Feishang Anthracite Resources in the lower half of its industry. The industry median Equity-to-Asset is 0.60. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Other Energy Sources company?
The median Equity-to-Asset among Other Energy Sources companies is 0.60, based on 185 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Feishang Anthracite Resources and its competitors. For the Other Energy Sources industry, the median Equity-to-Asset is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Feishang Anthracite Resources's current Equity-to-Asset is -0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feishang Anthracite Resources stock overvalued right now?
Based on GuruFocus' analysis, Feishang Anthracite Resources (FSHRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.01, compared to a current price of $0.02 — trading 138.7% above its estimated fair value. The current Equity-to-Asset is -0.93. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Feishang Anthracite Resources (FSHRF), the current Equity-to-Asset is -0.93 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Feishang Anthracite Resources Business Description
Feishang Anthracite Resources Ltd is principally engaged in the trading of anthracite coal mines and the extraction and sale of anthracite coal in the People's Republic of China. The Group had only one operating segment: extraction and sale of anthracite coal and trading of anthracite coal. The company conducts its principal operation and derives revenues solely from Mainland China.
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