FSHRF (Feishang Anthracite Resources) ROA %: -29.01% (As of Dec. 2025)


What is Feishang Anthracite Resources ROA %?

Feishang Anthracite Resources FSHRF -4.13% ROA % is -29.01% as of Dec. 2025. The stock has 3 warning signs investors should review. Among 184 Other Energy Sources companies, Feishang Anthracite Resources ranks worse than 80.98% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Feishang Anthracite Resources's annualized Net Income for the quarter that ended in Dec. 2025 was $-110.16 Mil. Feishang Anthracite Resources's average Total Assets over the quarter that ended in Dec. 2025 was $379.73 Mil. Therefore, Feishang Anthracite Resources's annualized ROA % for the quarter that ended in Dec. 2025 was -29.01%.

The historical rank and industry rank for Feishang Anthracite Resources's ROA % or its related term are showing as below:

FSHRF' s ROA % Range Over the Past 10 Years
Min: -23.23   Med: -5.2   Max: 6.22
Current: -22.98

During the past 13 years, Feishang Anthracite Resources's highest ROA % was 6.22%. The lowest was -23.23%. And the median was -5.20%.

FSHRF's ROA % is ranked worse than
80.98% of 184 companies
in the Other Energy Sources industry
Industry Median: -0.365 vs FSHRF: -22.98

Feishang Anthracite Resources  (OTCPK:FSHRF) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-110.158/379.726
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-110.158 / 62.524)*(62.524 / 379.726)
=Net Margin %*Asset Turnover
=-176.19 %*0.1647
=-29.01 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Feishang Anthracite Resources ROA % Related Terms


Feishang Anthracite Resources ROA % Historical Data

* Premium members only.

The historical data trend for Feishang Anthracite Resources's ROA % can be seen below:

* 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 ROA % Chart

Feishang Anthracite Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.41 1.52 -15.17 -17.87 -23.21

Feishang Anthracite Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -28.62 -9.23 -26.61 -16.99 -29.01

Feishang Anthracite Resources ROA % Competitor Comparison

For the Thermal Coal subindustry, Feishang Anthracite Resources's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Feishang Anthracite Resources's ROA % distribution charts can be found below:

* The bar in red indicates where Feishang Anthracite Resources's ROA % falls into.



Feishang Anthracite Resources ROA % Calculation

Feishang Anthracite Resources's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=-88.884/( (393.45+372.32)/ 2 )
=-88.884/382.885
=-23.21 %

Feishang Anthracite Resources's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=-110.158/( (387.132+372.32)/ 2 )
=-110.158/379.726
=-29.01 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Dec. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -29.01% mean?
Feishang Anthracite Resources (FSHRF) has a ROA % of -29.01% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Feishang Anthracite Resources and its competitors. According to the industry distribution chart, Feishang Anthracite Resources ranks #149 out of 184 companies in the Other Energy Sources industry, placing it in the top 81%.
Is Feishang Anthracite Resources' ROA % too high?
Feishang Anthracite Resources' current ROA % is -29.01%. Based on the distribution chart, Feishang Anthracite Resources ranks #149 out of 184 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers.
How does Feishang Anthracite Resources' ROA % compare to competitors?
According to the Other Energy Sources industry distribution chart, Feishang Anthracite Resources ranks #149 out of 184 companies for ROA %. This places Feishang Anthracite Resources in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Other Energy Sources company?
A good ROA % depends on the Other Energy Sources industry context. However, ROA % 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Feishang Anthracite Resources and its competitors. Feishang Anthracite Resources's current ROA % is -29.01%. 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 $0.05 — trading 364% above its estimated fair value. The current ROA % is -29.01%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Feishang Anthracite Resources (FSHRF), the current ROA % is -29.01% 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

Other Exchanges 01738:Hong Kong
Address 2-12 Au Pui Wan Street, Room M07, 7th Floor, Valiant Industrial Building, Fo Tan, Hong Kong, HKG
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.