FSHRF (Feishang Anthracite Resources) Asset Turnover: 0.08 (As of Dec. 2025)


What is Feishang Anthracite Resources Asset Turnover?

Feishang Anthracite Resources FSHRF -4.13% Asset Turnover is 0.08 as of Dec. 2025. The stock has 3 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Feishang Anthracite Resources's Revenue for the six months ended in Dec. 2025 was $31.26 Mil. Feishang Anthracite Resources's Total Assets for the quarter that ended in Dec. 2025 was $379.73 Mil. Therefore, Feishang Anthracite Resources's Asset Turnover for the quarter that ended in Dec. 2025 was 0.08.

Asset Turnover is linked to ROE % through Du Pont Formula. Feishang Anthracite Resources's annualized ROE % for the quarter that ended in Dec. 2025 was 34.73%. It is also linked to ROA % through Du Pont Formula. Feishang Anthracite Resources's annualized ROA % for the quarter that ended in Dec. 2025 was -29.01%.


Feishang Anthracite Resources  (OTCPK:FSHRF) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Feishang Anthracite Resources's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-110.158/-317.182
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-110.158 / 62.524)*(62.524 / 379.726)*(379.726/ -317.182)
=Net Margin %*Asset Turnover*Equity Multiplier
=-176.19 %*0.1647*-1.1972
=ROA %*Equity Multiplier
=-29.01 %*-1.1972
=34.73 %

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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Feishang Anthracite Resources's annulized ROA % for the quarter that ended in Dec. 2025 is

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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Feishang Anthracite Resources Asset Turnover Related Terms


Feishang Anthracite Resources Asset Turnover Historical Data

* Premium members only.

The historical data trend for Feishang Anthracite Resources's Asset Turnover 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 Asset Turnover Chart

Feishang Anthracite Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.46 0.31 0.10 0.13

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
Asset Turnover 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 0.11 0.05 0.05 0.05 0.08

Feishang Anthracite Resources Asset Turnover Competitor Comparison

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

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

* The bar in red indicates where Feishang Anthracite Resources's Asset Turnover falls into.



Feishang Anthracite Resources Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Feishang Anthracite Resources's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=50.655/( (393.45+372.32)/ 2 )
=50.655/382.885
=0.13

Feishang Anthracite Resources's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=31.262/( (387.132+372.32)/ 2 )
=31.262/379.726
=0.08

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.08 mean?
Feishang Anthracite Resources (FSHRF) has a Asset Turnover of 0.08 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Feishang Anthracite Resources and its competitors.
Is Feishang Anthracite Resources' Asset Turnover too high?
Feishang Anthracite Resources' current Asset Turnover is 0.08.
How does Feishang Anthracite Resources' Asset Turnover compare to competitors?
Feishang Anthracite Resources' Asset Turnover of 0.08 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 Asset Turnover for an Other Energy Sources company?
A good Asset Turnover depends on the Other Energy Sources industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Feishang Anthracite Resources and its competitors. Feishang Anthracite Resources's current Asset Turnover is 0.08. 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 Asset Turnover is 0.08. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Feishang Anthracite Resources (FSHRF), the current Asset Turnover is 0.08 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.