FSHRF (Feishang Anthracite Resources) Shares Outstanding (Basic Average): 1,380.55 Mil (As of Dec. 2025)


What is Feishang Anthracite Resources Shares Outstanding (Basic Average)?

Feishang Anthracite Resources FSHRF -4.13% Shares Outstanding (Basic Average) is 1,380.55 Mil as of Dec. 2025. The stock has 3 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Feishang Anthracite Resources's average basic shares outstanding for the quarter that ended in Dec. 2025 was 1,380.55 Mil.

Feishang Anthracite Resources  (OTCPK:FSHRF) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Feishang Anthracite Resources Shares Outstanding (Basic Average) Related Terms

Feishang Anthracite Resources Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Feishang Anthracite Resources's Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) Chart

Feishang Anthracite Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,380.55 1,380.55 1,380.55 1,380.55 1,380.55

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
Shares Outstanding (Basic Average) 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 1,380.55 1,380.55 1,380.55 1,380.55 1,380.55

Feishang Anthracite Resources Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 1,380.55 Mil mean?
Feishang Anthracite Resources (FSHRF) has a Shares Outstanding (Basic Average) of 1,380.55 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Feishang Anthracite Resources and its competitors.
Is Feishang Anthracite Resources' Shares Outstanding (Basic Average) too high?
Feishang Anthracite Resources' current Shares Outstanding (Basic Average) is 1,380.55 Mil.
How does Feishang Anthracite Resources' Shares Outstanding (Basic Average) compare to competitors?
Feishang Anthracite Resources' Shares Outstanding (Basic Average) of 1,380.55 Mil can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for an Other Energy Sources company?
A good Shares Outstanding (Basic Average) depends on the Other Energy Sources industry context. However, Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Feishang Anthracite Resources and its competitors. Feishang Anthracite Resources's current Shares Outstanding (Basic Average) is 1,380.55 Mil. 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 Shares Outstanding (Basic Average) is 1,380.55 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Feishang Anthracite Resources (FSHRF), the current Shares Outstanding (Basic Average) is 1,380.55 Mil 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.