Announcement • Aug 18
Feishang Anthracite Resources Limited to Report First Half, 2026 Results on Aug 31, 2026 Feishang Anthracite Resources Limited announced that they will report first half, 2026 results on Aug 31, 2026 New Risk • Jul 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CN¥2.4b). Earnings have declined by 32% per year over the past 5 years. Market cap is less than US$10m (HK$59.4m market cap, or US$7.57m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). New Risk • Jun 17
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$73.2m (US$9.34m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CN¥2.4b). Earnings have declined by 32% per year over the past 5 years. Market cap is less than US$10m (HK$73.2m market cap, or US$9.34m). Reported Earnings • Apr 02
Full year 2025 earnings released: CN¥0.45 loss per share (vs CN¥0.39 loss in FY 2024) Full year 2025 results: CN¥0.45 loss per share (further deteriorated from CN¥0.39 loss in FY 2024). Revenue: CN¥356.8m (up 16% from FY 2024). Net loss: CN¥625.6m (loss widened 16% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 47% per year, which means it has not declined as severely as earnings. Announcement • Apr 01
Feishang Anthracite Resources Limited, Annual General Meeting, Jun 26, 2026 Feishang Anthracite Resources Limited, Annual General Meeting, Jun 26, 2026. Announcement • Mar 19
Feishang Anthracite Resources Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 Feishang Anthracite Resources Limited announced that they will report fiscal year 2025 results on Mar 31, 2026 New Risk • Mar 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Negative equity (-CN¥1.9b). Earnings have declined by 27% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (HK$158.8m market cap, or US$20.3m). Buy Or Sell Opportunity • Nov 04
Now 28% undervalued The stock has been flat over the last 90 days, currently trading at HK$0.18. The fair value is estimated to be HK$0.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 55% over the last 3 years. Earnings per share has declined by 80%. Announcement • Aug 19
Feishang Anthracite Resources Limited to Report First Half, 2025 Results on Aug 29, 2025 Feishang Anthracite Resources Limited announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • Jul 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 41% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (41% average weekly change). Negative equity (-CN¥1.6b). Earnings have declined by 23% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-CN¥51m). Market cap is less than US$100m (HK$365.8m market cap, or US$46.6m). Buy Or Sell Opportunity • Jul 07
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 3.0% to HK$0.10. The fair value is estimated to be HK$0.084, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 33% over the last 3 years. Earnings per share has declined by 89%. Buy Or Sell Opportunity • May 30
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 1.9% to HK$0.10. The fair value is estimated to be HK$0.083, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 33% over the last 3 years. Earnings per share has declined by 89%. Reported Earnings • Apr 02
Full year 2024 earnings released: CN¥0.39 loss per share (vs CN¥0.36 loss in FY 2023) Full year 2024 results: CN¥0.39 loss per share (further deteriorated from CN¥0.36 loss in FY 2023). Revenue: CN¥308.3m (down 69% from FY 2023). Net loss: CN¥538.6m (loss widened 9.3% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance. Announcement • Apr 01
Feishang Anthracite Resources Limited, Annual General Meeting, May 30, 2025 Feishang Anthracite Resources Limited, Annual General Meeting, May 30, 2025. Announcement • Mar 19
Feishang Anthracite Resources Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 Feishang Anthracite Resources Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 Buy Or Sell Opportunity • Nov 27
Now 25% undervalued Over the last 90 days, the stock has risen 41% to HK$0.15. The fair value is estimated to be HK$0.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.0% over the last 3 years. Meanwhile, the company became loss making. Announcement • Oct 21
Feishang Anthracite Resources Limited Announces Board and Committee Changes The board of directors of Feishang Anthracite Resources Limited announced that Mr. YANG Guohua has resigned as an executive Director due to other business and personal commitments, with effect from 21 October 2024. Following the resignation of Mr. Yang, he has also ceased to act as the chairman of the ESG committee of the Board. Mr. WANG Xinhua was appointed as the chairman of the ESG committee of the Board with effect from 21 October 2024. Buy Or Sell Opportunity • Oct 08
Now 26% undervalued Over the last 90 days, the stock has risen 31% to HK$0.16. The fair value is estimated to be HK$0.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.0% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Sep 25
First half 2024 earnings released: CN¥0.10 loss per share (vs CN¥0.016 loss in 1H 2023) First half 2024 results: CN¥0.10 loss per share (further deteriorated from CN¥0.016 loss in 1H 2023). Revenue: CN¥153.6m (down 76% from 1H 2023). Net loss: CN¥143.4m (loss widened CN¥120.9m from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 55% per year whereas the company’s share price has fallen by 54% per year. Announcement • Aug 20
Feishang Anthracite Resources Limited to Report First Half, 2024 Results on Aug 29, 2024 Feishang Anthracite Resources Limited announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • Jul 04
Feishang Anthracite Resources Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2024 Feishang Anthracite Resources Limited provided consolidated earnings guidance for the six months ended June 30, 2024. for the six months, the group is expected to record a not-less-than CNY 135 million consolidated loss attributable to owners of the parent for the six months ended 30 June 2024 as compared to the CNY 23.4 million consolidated loss attributable to owners of the parent for the corresponding period in 2023. Announcement • Jun 19
Feishang Anthracite Resources Limited Approves Changes of Directors and Changes in Composition of Board Committees Feishang Anthracite Resources Limited at its AGM held on June 18, 2024, announced that Mr. LO Kin Cheung (‘Mr. Lo’), an independent non-executive director of the Company, did not offer himself for re-election at the AGM and retired by rotation from office at the conclusion of the AGM. Upon his retirement, Mr. Lo also ceased to be the chairman of the audit committee of the Company and member of the remuneration committee and nomination committee of the Company. The Board announced that Ms. LIANG Ying (‘Ms. Liang’) has been elected as an independent non-executive director of the Company at the AGM. Changes in Composition of Board Committees: The Board has appointed Mr. CHAN Him, Alfred as the chairman of the audit committee of the Company, who has also stepped down from the chairman (but has remained as a member) of the nomination committee of the Company with effect from 18 June 2024. The Board has also appointed Mr. TAM Cheuk Ho as the chairman of the nomination committee of the Company and Mr. WONG Wah On Edward as the chairman of the remuneration committee of the Company with effect from 18 June 2024. Mr. WANG Xiufeng has stepped down from the chairman (but has remained as a member) of the remuneration committee of the Company with effect from 18 June 2024. Following the election of Ms. Liang as an independent non-executive director of the Company at the AGM, the Board has appointed Ms. Liang as member of the audit committee, remuneration committee and nomination committee of the Company with effect from 18 June 2024. Announcement • Mar 29
Feishang Anthracite Resources Limited, Annual General Meeting, Jun 18, 2024 Feishang Anthracite Resources Limited, Annual General Meeting, Jun 18, 2024. Reported Earnings • Mar 29
Full year 2023 earnings released: CN¥0.36 loss per share (vs CN¥0.019 profit in FY 2022) Full year 2023 results: CN¥0.36 loss per share (down from CN¥0.019 profit in FY 2022). Revenue: CN¥990.8m (down 38% from FY 2022). Net loss: CN¥492.8m (down CN¥518.8m from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings. Announcement • Mar 19
Feishang Anthracite Resources Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Feishang Anthracite Resources Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Announcement • Feb 03
Feishang Anthracite Resources Limited Provides Earnings Guidance for the Year Ended 31 December 2023 Feishang Anthracite Resources Limited provided earnings guidance for the year ended 31 December 2023. The Group expects to record a consolidated loss attributable to owners of the parent from continuing operations for the year ended 31 December 2023 as opposed to the approximately CNY 26.0 million profit for the financial year of 2022, as a result of (i) a decrease in revenue of approximately 35% to 40% for the year ended 31 December 2023 from the revenue of approximately CNY 1,603.2 million for the financial year of 2022; and (ii) a decrease in gross profit of approximately 55% to 65% for the year ended 31 December 2023 from the gross profit of approximately CNY 660.5 million for the financial year of 2022, among other things. Announcement • Jan 13
Feishang Anthracite Resources Limited Announces Resignation of Han Weibing as Chief Executive Officer The board of directors of Feishang Anthracite Resources Limited announced that Mr. Han Weibing has resigned as the chief executive officer of the Company, due to health issues. The resignation will take effect from 12 January 2024. Announcement • Jan 12
Feishang Anthracite Resources Limited Announces Directorate and Committee Changes The board of directors of Feishang Anthracite Resources Limited announced that Mr. Han Weibing has resigned as an executive Director, the chairman of the Board and the chief executive officer of the Company, due to health issues, and that Mr. Wang Weidong has resigned as an executive Director and the deputy chairman of the Board due to other business and personal commitments. The above resignations will take effect from 12 January 2024. The Board further announces that Mr. Wang Xinhua was appointed as an executive Director and the chairman of the Board, and that Mr. Fu Jiangen was appointed as an executive Director, all with effect from 12 January 2024. The biographical details of Mr. Wang and Mr. Fu are set out as follows: Mr. Wang Xinhua Mr. Wang Xinhua, aged 62, has approximately 40 years of experience in the coal industry. He was vice-chairman of Guizhou Yongfu Mining Co. Ltd. from March 2021 to January 2024, primarily responsible for overseeing the production safety and operation and management of Yongsheng Coal Mine. He was senior adviser of Guizhou Puxin Energy Co. Ltd. from March 2019 to December 2020, responsible for the management of investment legal affairs and mineral rights management. He was assistant general manager of Guizhou Puxin Energy Co. Ltd. from March 2014 to February 2019, assisting the general manager in the management of mine operations in the Jinsha region. He served as general manager of Guizhou Yongfu Mining Co. Ltd. from January 2011 to February 2014 and was responsible for the mine management of Yongsheng Coal Mine. Mr. Wang has not held any directorship in any publicly-listed companies in the past three years. Mr. Wang graduated from Huainan Mining Institute in July 1983 with a professional certificate in coal mining engineering. He was certified as a senior engineer by the Zhejiang Provincial Department of Personnel in December 1995. Mr. Fu Jiangen Mr. Fu Jiangen, aged 54, has over 30 years' experience in auditing and financial management. He has been the financial controller of Guizhou Puxin Energy Co. Ltd. since September 2023, responsible for financial and accounting matter. From October 2020 to September 2023, Mr. Fu was financial controller of Shanghai Onway Environmental Development Co. Ltd., responsible for financial and accounting matter. He was deputy general manager of the strategic management department of Feishang Enterprise Group Co. Ltd. from June 2018 to September 2020, responsible for operation management. From June 2017 to May 2018, he served as financial controller of Guangyao Ecological Construction Group Co. Ltd., responsible for financial and accounting matter. From August 2014 to May 2017, he served as financial controller of Mingzhe Group Co. Ltd., responsible for financial and accounting matter. He served as deputy general manager of the audit department and operation management centre of Feishang Enterprise Group Co. Ltd. from June 2006 to July 2014, responsible for internal audit and operation management. Mr. Fu was chairman of the supervisors of Anhui Xinke New Materials Co. Ltd., from December 2010 to June 2011. He was also a supervisor of Sundiro Holding Co. Ltd. from April 2007 to June 2011. Save as disclosed above, Mr. Fu has not held any directorship in other publicly-listed companies in the past three years. Mr. Fu graduated from Shanghai Institute of Building Materials Industry in July 1991 with a professional certificate in financial accounting, and from Hong Kong Baptist University in November 2013 with a master's degree in business administration. He obtained the Chinese Certified Public Accountant qualification in April 1997 and the international internal auditor qualification from the China Institute of Internal Auditors in November 2005. Following the resignation of Mr. Han, he has also ceased to act as a member of the ESG committee and a member of the remuneration committee of the Board. Mr. Wang was appointed as a member of the ESG committee and a member of the remuneration committee of the Board with effect from 12 January 2024. Reported Earnings • Sep 01
First half 2023 earnings released: CN¥0.016 loss per share (vs CN¥0.011 loss in 1H 2022) First half 2023 results: CN¥0.016 loss per share (further deteriorated from CN¥0.011 loss in 1H 2022). Revenue: CN¥641.3m (down 8.2% from 1H 2022). Net loss: CN¥22.5m (loss widened 42% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment improves as stock rises 175% After last week's 175% share price gain to HK$1.57, the stock trades at a trailing P/E ratio of 76.8x. Average trailing P/E is 6x in the Oil and Gas industry in Hong Kong. Total returns to shareholders of 60% over the past three years. Announcement • Jul 24
Feishang Anthracite Resources Limited to Report First Half, 2023 Results on Aug 31, 2023 Feishang Anthracite Resources Limited announced that they will report first half, 2023 results on Aug 31, 2023 Announcement • Jul 23
Feishang Anthracite Resources Limited Provides Earnings Guidance for the Six Months Ended June 30, 2023 Feishang Anthracite Resources Limited provided earnings guidance for the six months ended June 30, 2023. Based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2023 and the information currently available to the Board, the Group would expect to record: (i) a decrease in revenue of approximately 5% to 15% for the six months ended 30 June 2023 from the revenue of approximately CNY 698.8 million for the corresponding period in 2022; and (ii) a decrease in gross profit of approximately 5% to 25% for the six months ended 30 June 2023 from the gross profit of approximately CNY 270.7 million for the corresponding period in 2022. The decrease in revenue and gross profit for the six months ended 30 June 2023 was mainly attributable to: (i) the decline in the market price of coal in mainland China caused by sufficient supply as well as high inventories in the first half of 2023; and (ii) the Group's operations still being affected by the geological complexities of current mining faces, a significant proportion of coal products being sold to power plants at regulated price, and the stringent safety and environmental regulatory environment, and these in turn led to a decrease in sales volume and the average selling price of the Group's coal products. The Group recorded a one-off profit from the discontinued operation of approximately CNY 27.8 million for the six months ended 30 June 2022 and it did not record any profit from discontinued operation for the corresponding period in 2023. The Board, having regard to the presently available information, expects that the Group will record consolidated loss attributable to owners of the parent for the six months ended 30 June 2023 due to the above factors. New Risk • Jul 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change). Negative equity (-CN¥548m). New Risk • Jun 21
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$773.1m (US$98.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Negative equity (-CN¥548m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$773.1m market cap, or US$98.8m). New Risk • Jun 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Negative equity (-CN¥548m). Minor Risk Share price has been volatile over the past 3 months (9.4% average weekly change). Reported Earnings • Apr 01
Full year 2022 earnings released: EPS: CN¥0.02 (vs CN¥0.08 loss in FY 2021) Full year 2022 results: EPS: CN¥0.02 (up from CN¥0.08 loss in FY 2021). Revenue: CN¥1.60b (up 43% from FY 2021). Net income: CN¥26.0m (up CN¥136.2m from FY 2021). Profit margin: 1.6% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Jan 19
Feishang Anthracite Resources Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2022 Feishang Anthracite Resources Limited provided consolidated earnings guidance for the year ended 31 December 2022. For the year, Group would expect to record an increase in revenue of approximately 40% to 45% from the revenue of approximately CNY 1,121.0 million for the prior year; and an increase in gross profit of approximately 60% to 70% from the gross profit of approximately CNY 398.8 million for the prior year. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Alfred Chan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 01
First half 2022 earnings released: CN¥0.014 loss per share (vs CN¥0.065 loss in 1H 2021) First half 2022 results: CN¥0.014 loss per share (up from CN¥0.065 loss in 1H 2021). Revenue: CN¥698.8m (up 56% from 1H 2021). Net loss: CN¥15.8m (loss narrowed 83% from 1H 2021). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • May 25
Feishang Anthracite Resources Limited, Annual General Meeting, Jun 28, 2022 Feishang Anthracite Resources Limited, Annual General Meeting, Jun 28, 2022. Reported Earnings • Apr 28
Full year 2021 earnings released: CN¥0.08 loss per share (vs CN¥0.25 loss in FY 2020) Full year 2021 results: CN¥0.08 loss per share (up from CN¥0.25 loss in FY 2020). Revenue: CN¥1.12b (up 11% from FY 2020). Net loss: CN¥110.3m (loss narrowed 68% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Alfred Chan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 01
Full year 2021 earnings released: CN¥0.077 loss per share (vs CN¥0.25 loss in FY 2020) Full year 2021 results: CN¥0.077 loss per share (up from CN¥0.25 loss in FY 2020). Revenue: CN¥1.12b (up 11% from FY 2020). Net loss: CN¥110.3m (loss narrowed 68% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Executive Departure • Oct 03
Independent Non-Executive Director Zuye Huang has left the company On the 27th of September, Zuye Huang's tenure as Independent Non-Executive Director ended after 7.8 years in the role. We don't have any record of a personal shareholding under Zuye's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 8.25 years. Reported Earnings • Sep 05
First half 2021 earnings released: CN¥0.065 loss per share (vs CN¥0.076 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: CN¥447.9m (up 5.4% from 1H 2020). Net loss: CN¥90.1m (loss narrowed 14% from 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Executive Departure • Jun 08
Chief Engineer & Executive Director Lubao Hu has left the company On the 31st of May, Lubao Hu's tenure as Chief Engineer & Executive Director ended after 2.8 years in the role. We don't have any record of a personal shareholding under Lubao's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 7.92 years. Reported Earnings • Apr 30
Full year 2020 earnings released: CN¥0.25 loss per share (vs CN¥0.07 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: CN¥1.01b (down 12% from FY 2019). Net loss: CN¥345.9m (loss widened 256% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 01
Full year 2020 earnings released: CN¥0.25 loss per share (vs CN¥0.07 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: CN¥1.01b (down 12% from FY 2019). Net loss: CN¥345.9m (loss widened 256% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Announcement • Mar 20
Feishang Anthracite Resources Limited to Report Fiscal Year 2020 Results on Mar 31, 2021 Feishang Anthracite Resources Limited announced that they will report fiscal year 2020 results on Mar 31, 2021 Is New 90 Day High Low • Feb 12
New 90-day high: HK$1.39 The company is up 39% from its price of HK$1.00 on 13 November 2020. The Hong Kong market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 3.0% over the same period. Is New 90 Day High Low • Jan 13
New 90-day high: HK$1.38 The company is up 38% from its price of HK$1.00 on 15 October 2020. The Hong Kong market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 12% over the same period. Is New 90 Day High Low • Dec 28
New 90-day high: HK$1.30 The company is up 33% from its price of HK$0.98 on 29 September 2020. The Hong Kong market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 4.0% over the same period. Is New 90 Day High Low • Dec 09
New 90-day high: HK$1.15 The company is up 15% from its price of HK$1.00 on 10 September 2020. The Hong Kong market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is down 3.0% over the same period. Is New 90 Day High Low • Nov 23
New 90-day high: HK$1.05 The company is up 5.0% from its price of HK$1.00 on 25 August 2020. The Hong Kong market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is down 1.0% over the same period. Is New 90 Day High Low • Oct 07
New 90-day low: HK$0.96 The company is down 4.0% from its price of HK$1.00 on 09 July 2020. The Hong Kong market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is down 13% over the same period. Reported Earnings • Sep 19
First half earnings released Over the last 12 months the company has reported total losses of CN¥213.0m, with earnings decreasing by CN¥306.6m from the prior year. Total revenue was CN¥976.8m over the last 12 months, down 31% from the prior year. Announcement • Aug 22
Feishang Anthracite Resources Limited to Report First Half, 2020 Results on Aug 31, 2020 Feishang Anthracite Resources Limited announced that they will report first half, 2020 results on Aug 31, 2020 
