Feishang Anthracite Resources Balance Sheet Health
Financial Health criteria checks 2/6
Feishang Anthracite Resources has a total shareholder equity of CN¥-1.2B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to -162.6%. Its total assets and total liabilities are CN¥3.1B and CN¥4.3B respectively.
Key information
-162.6%
Debt to equity ratio
CN¥1.97b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥35.96m |
| Equity | -CN¥1.21b |
| Total liabilities | CN¥4.28b |
| Total assets | CN¥3.07b |
Recent financial health updates
No updates
Recent updates
Optimistic Investors Push Feishang Anthracite Resources Limited (HKG:1738) Shares Up 30% But Growth Is Lacking
Jan 27
Estimating The Fair Value Of Feishang Anthracite Resources Limited (HKG:1738)
Nov 25Feishang Anthracite Resources Limited's (HKG:1738) 56% Share Price Surge Not Quite Adding Up
Nov 25Feishang Anthracite Resources Limited's (HKG:1738) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Sep 05The Market Doesn't Like What It Sees From Feishang Anthracite Resources Limited's (HKG:1738) Revenues Yet
Jun 27Feishang Anthracite Resources Limited's (HKG:1738) Subdued P/S Might Signal An Opportunity
Jan 04Feishang Anthracite Resources' (HKG:1738) Shareholders Are Down 17% On Their Shares
Jan 17
Read This Before Buying Feishang Anthracite Resources Limited (HKG:1738) Shares
Dec 13Financial Position Analysis
Short Term Liabilities: 1738 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 1738 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1738 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 1738's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 1738 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1738 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 2.1% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 12:31 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Feishang Anthracite Resources Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.