DB:YT8

Stock Analysis Report

Inner Mongolia Yitai CoalLtd

Executive Summary

Inner Mongolia Yitai Coal Co.,Ltd. engages in the mining, production, transportation, and sale of coal products in the Inner Mongolia autonomous region of the People’s Republic of China.

Snowflake

Fundamentals

Very undervalued average dividend payer.

Share Price & News

How has Inner Mongolia Yitai CoalLtd's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.7%

YT8

3.7%

DE Oil and Gas

1.4%

DE Market


1 Year Return

-16.2%

YT8

50.0%

DE Oil and Gas

3.7%

DE Market

Return vs Industry: YT8 underperformed the German Oil and Gas industry which returned 50% over the past year.

Return vs Market: YT8 underperformed the German Market which returned 3.7% over the past year.


Shareholder returns

YT8IndustryMarket
7 Day1.7%3.7%1.4%
30 Day0.7%2.1%1.3%
90 Day-14.9%13.5%3.4%
1 Year-8.4%-16.2%55.0%50.0%7.0%3.7%
3 Year-9.9%-25.1%43.7%30.0%18.5%8.3%
5 Year-29.2%-43.2%169.9%127.6%42.2%22.9%

Price Volatility Vs. Market

How volatile is Inner Mongolia Yitai CoalLtd's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Inner Mongolia Yitai CoalLtd undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: YT8 (€0.62) is trading below our estimate of fair value (€1.57)

Significantly Undervalued: YT8 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: YT8 is good value based on its PE Ratio (5.4x) compared to the Oil and Gas industry average (9.4x).

PE vs Market: YT8 is good value based on its PE Ratio (5.4x) compared to the German market (19.3x).


Price to Earnings Growth Ratio

Low PEG Ratio: YT8 is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: YT8 is good value based on its PB Ratio (0.6x) compared to the DE Oil and Gas industry average (1.1x).


Next Steps

Future Growth

How is Inner Mongolia Yitai CoalLtd forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

9.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: YT8's forecast earnings growth (9% per year) is above the savings rate (0.2%).

Earnings vs Market: YT8's earnings (9% per year) are forecast to grow slower than the German market (12.7% per year).

High Growth Earnings: YT8's earnings are forecast to grow, but not significantly.

Revenue vs Market: YT8's revenue is expected to decline over the next 3 years (-3.9% per year).

High Growth Revenue: YT8's revenue is forecast to decline over the next 3 years (-3.9% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if YT8's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Inner Mongolia Yitai CoalLtd performed over the past 5 years?

29.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: YT8's earnings have grown significantly by 29.7% per year over the past 5 years.

Accelerating Growth: YT8's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: YT8 had negative earnings growth (-23.5%) over the past year, making it difficult to compare to the Oil and Gas industry average (10%).


Return on Equity

High ROE: YT8's Return on Equity (11.1%) is considered low.


Return on Assets

ROA vs Industry: YT8's Return on Assets is below or equal to the Oil and Gas industry average last year.


Return on Capital Employed

ROCE Improving: YT8 has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Inner Mongolia Yitai CoalLtd's financial position?


Financial Position Analysis

Short Term Liabilities: YT8's short term assets (CN¥20.0B) exceeds its short term liabilities (CN¥15.8B)

Long Term Liabilities: YT8's short term assets (20.0B) do not cover its long term liabilities (32.5B)


Debt to Equity History and Analysis

Debt Level: YT8's debt to equity ratio (93.7%) is considered high

Reducing Debt: YT8's debt to equity ratio has increased from 93.5% to 93.7% over the past 5 years.

Debt Coverage: YT8's debt is well covered by operating cash flow (22.9%).

Interest Coverage: YT8's interest payments on its debt are well covered by EBIT (6.8x coverage).


Balance Sheet

Inventory Level: YT8 has a high level of physical assets or inventory.

Debt Coverage by Assets: YT8's debt is not covered by short term assets (assets are 0.5x debt).


Next Steps

Dividend

What is Inner Mongolia Yitai CoalLtd's current dividend yield, its reliability and sustainability?

8.01%

Current Dividend Yield


Dividend Yield vs Market

company8.0%marketbottom25%1.5%markettop25%3.8%industryaverage6.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: YT8's dividend (8.01%) is higher than the bottom 25% of dividend payers in the German market (1.47%).

High Dividend: YT8's dividend (8.01%) is in the top 25% of dividend payers in the German market (3.83%)

Stable Dividend: YT8's dividend payments have been volatile in the past 10 years.

Growing Dividend: YT8's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (43.5%), YT8's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Inner Mongolia Yitai CoalLtd's salary, the management and board of directors tenure and is there insider trading?

6.8yrs

Average management tenure


CEO

Sanmin Wang (45yo)

2.6yrs

Tenure

CN¥1,444,000

Compensation

Sanmin Wang is a member of the Communist Party of China and possesses a master’s degree. Mr. Wang joined Inner Mongolia Yitai Group Co., Ltd. (“Group”) in 1996 and joined the Inner Mongolia Yitai Coal Comp ...


CEO Compensation Analysis

Compensation vs. Market: Sanmin's total compensation ($USD203.91K) is about average for companies of similar size in the German market ($USD2.80M).

Compensation vs Earnings: Sanmin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

6.8yrs

Average Tenure

49yo

Average Age

Experienced Management: YT8's management team is seasoned and experienced (6.8 years average tenure).


Board Age and Tenure

7.5yrs

Average Tenure

52yo

Average Age

Experienced Board: YT8's board of directors are considered experienced (7.5 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellCN¥23,245,21030 Nov 18
CITIC Private Equity Funds Management Co., Ltd.
EntityCompany
Shares17,543,200
Max PriceCN¥1.33
BuyCN¥23,245,21030 Nov 18
Erdos City Hongrui Business Limited Liability Company
EntityCompany
Shares17,543,200
Max PriceCN¥1.33

Ownership Breakdown


Management Team

  • Chunlin Liu (52yo)

    Executive Director

    • Tenure: 18.6yrs
    • Compensation: CN¥24.00k
  • Donghai Zhang (49yo)

    Chairman of the Board

    • Tenure: 16.5yrs
    • Compensation: CN¥3.01m
  • Yaoyong Ge (49yo)

    Executive Director

    • Tenure: 10.8yrs
    • Compensation: CN¥24.00k
  • Dongsheng Zhang (48yo)

    Executive Director

    • Tenure: 10.4yrs
    • Compensation: CN¥24.00k
  • Guiliang Lv (53yo)

    CFO & Executive Director

    • Tenure: 8.7yrs
    • Compensation: CN¥1.36m
  • Mingliang Zhang (50yo)

    Chief Engineer

    • Tenure: 7yrs
  • Sanmin Wang (45yo)

    GM & Executive Director

    • Tenure: 2.6yrs
    • Compensation: CN¥1.44m
  • Zhifu Ji (35yo)

    Head of the Corporate Department

    • Tenure: 0yrs
    • Compensation: CN¥261.00k
  • Jian Liu (52yo)

    Deputy Manager & Executive Director

    • Tenure: 0.8yrs
  • Xin Zhao (38yo)

    Company Secretary

    • Tenure: 4.5yrs

Board Members

  • Sujian Huang (64yo)

    Independent Non-Executive Director

    • Tenure: 2.9yrs
    • Compensation: CN¥200.00k
  • Chunlin Liu (52yo)

    Executive Director

    • Tenure: 18.6yrs
    • Compensation: CN¥24.00k
  • Donghai Zhang (49yo)

    Chairman of the Board

    • Tenure: 16.5yrs
    • Compensation: CN¥3.01m
  • Yaoyong Ge (49yo)

    Executive Director

    • Tenure: 10.8yrs
    • Compensation: CN¥24.00k
  • Dongsheng Zhang (48yo)

    Executive Director

    • Tenure: 10.4yrs
    • Compensation: CN¥24.00k
  • Guiliang Lv (53yo)

    CFO & Executive Director

    • Tenure: 8.7yrs
    • Compensation: CN¥1.36m
  • Sanmin Wang (45yo)

    GM & Executive Director

    • Tenure: 2.6yrs
    • Compensation: CN¥1.44m
  • Jian Liu (52yo)

    Deputy Manager & Executive Director

    • Tenure: 0.8yrs
  • Youguang Yu (64yo)

    Independent Non-Executive Director

    • Tenure: 6.3yrs
    • Compensation: CN¥200.00k
  • Zhiming Zhang (57yo)

    Independent Non-Executive Director

    • Tenure: 4.3yrs
    • Compensation: CN¥200.00k

Company Information

Inner Mongolia Yitai Coal Co.,Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Inner Mongolia Yitai Coal Co.,Ltd.
  • Ticker: YT8
  • Exchange: DB
  • Founded: 1997
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: US$2.806b
  • Listing Market Cap: US$2.519b
  • Shares outstanding: 3.25b
  • Website: https://www.yitaicoal.com

Number of Employees


Location

  • Inner Mongolia Yitai Coal Co.,Ltd.
  • Yitai Building
  • North Tianjiao Road
  • Ordos
  • Inner Mongolia Province
  • 17000
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
900948SHSE (Shanghai Stock Exchange)YesForeign Shares-Domestically ListedCNUSDAug 1997
3948SEHK (The Stock Exchange of Hong Kong Ltd.)Foreign Shares-Foreign ListedHKHKDJul 2012
YT8DB (Deutsche Boerse AG)Foreign Shares-Foreign ListedDEEURJul 2012

Biography

Inner Mongolia Yitai Coal Co.,Ltd. engages in the mining, production, transportation, and sale of coal products in the Inner Mongolia autonomous region of the People’s Republic of China. It operates throug ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 21:13
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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 here.