company background image
1171

Yanzhou Coal MiningSEHK:1171 Stock Report

Market Cap

HK$125.4b

7D

-11.7%

1Y

113.9%

Updated

27 Oct, 2021

Data

Company Financials +
1171 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends5/6

1171 Overview

Yanzhou Coal Mining Company Limited primarily engages in the mining, preparation, and sale of coal in China and internationally.

Yanzhou Coal Mining Competitors

Sasol

JSE:SOL

R165.3b

OZ Minerals

ASX:OZL

AU$8.5b

BWX Technologies

NYSE:BWXT

US$5.4b

Technology One

ASX:TNE

AU$4.0b

Price History & Performance

Summary of all time highs, changes and price drops for Yanzhou Coal Mining
Historical stock prices
Current Share PriceHK$11.98
52 Week HighHK$5.48
52 Week LowHK$17.92
Beta0.97
1 Month Change-13.94%
3 Month Change0.34%
1 Year Change113.93%
3 Year Change61.67%
5 Year Change104.09%
Change since IPO674.46%

Recent News & Updates

Oct 24
Returns Are Gaining Momentum At Yanzhou Coal Mining (HKG:1171)

Returns Are Gaining Momentum At Yanzhou Coal Mining (HKG:1171)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Sep 24
Is There An Opportunity With Yanzhou Coal Mining Company Limited's (HKG:1171) 36% Undervaluation?

Is There An Opportunity With Yanzhou Coal Mining Company Limited's (HKG:1171) 36% Undervaluation?

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Yanzhou Coal Mining...

Shareholder Returns

1171HK Oil and GasHK Market
7D-11.7%-2.4%-0.5%
1Y113.9%49.6%6.3%

Return vs Industry: 1171 exceeded the Hong Kong Oil and Gas industry which returned 49.6% over the past year.

Return vs Market: 1171 exceeded the Hong Kong Market which returned 6.3% over the past year.

Price Volatility

Is 1171's price volatile compared to industry and market?
1171 volatility
1171 Beta0.97
Industry Beta0.86
Market Beta1

Stable Share Price: 1171 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: 1171's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
197363,869Yaomeng Xiaohttps://www.yanzhoucoal.com.cn

Yanzhou Coal Mining Company Limited primarily engages in the mining, preparation, and sale of coal in China and internationally. It offers thermal, PCI, and coking coal for electric power, metallurgy and chemical industry, etc.; produces and sells coal chemicals, including methanol, liquid wax, stable light hydrocarbon, acetic acid, ethyl acetate, etc., as well as electricity and related heat supply services; and explores for potash mineral. The company also manufactures, installs, repairs, and sells coal mining and excavating equipment, cable, and electrical equipment.

Yanzhou Coal Mining Fundamentals Summary

How do Yanzhou Coal Mining's earnings and revenue compare to its market cap?
1171 fundamental statistics
Market CapCN¥102.96b
Earnings (TTM)CN¥7.85b
Revenue (TTM)CN¥164.85b

6.1x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1171 income statement (TTM)
RevenueCN¥164.85b
Cost of RevenueCN¥134.23b
Gross ProfitCN¥30.61b
ExpensesCN¥22.76b
EarningsCN¥7.85b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 29, 2021

Earnings per share (EPS)1.61
Gross Margin18.57%
Net Profit Margin4.76%
Debt/Equity Ratio125.7%

How did 1171 perform over the long term?

See historical performance and comparison

Dividends

10.2%

Current Dividend Yield

37%

Payout Ratio

Valuation

Is Yanzhou Coal Mining undervalued compared to its fair value and its price relative to the market?

46.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1171 (HK$11.98) is trading below our estimate of fair value (HK$22.47)

Significantly Below Fair Value: 1171 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1171 is good value based on its PE Ratio (6.1x) compared to the Hong Kong Oil and Gas industry average (9.3x).

PE vs Market: 1171 is good value based on its PE Ratio (6.1x) compared to the Hong Kong market (9.5x).


Price to Earnings Growth Ratio

PEG Ratio: 1171's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: 1171's PB Ratio (0.9x) is in line with the HK Oil and Gas industry average.


Future Growth

How is Yanzhou Coal Mining forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

-2.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1171's earnings are forecast to decline over the next 3 years (-2.7% per year).

Earnings vs Market: 1171's earnings are forecast to decline over the next 3 years (-2.7% per year).

High Growth Earnings: 1171's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 1171's revenue is expected to decline over the next 3 years (-6.6% per year).

High Growth Revenue: 1171's revenue is forecast to decline over the next 3 years (-6.6% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1171's Return on Equity is forecast to be low in 3 years time (17%).


Past Performance

How has Yanzhou Coal Mining performed over the past 5 years?

20.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1171 has a large one-off loss of CN¥5.0B impacting its June 30 2021 financial results.

Growing Profit Margin: 1171's current net profit margins (4.8%) are higher than last year (4.4%).


Past Earnings Growth Analysis

Earnings Trend: 1171's earnings have grown significantly by 20.6% per year over the past 5 years.

Accelerating Growth: 1171's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1171 had negative earnings growth (-20.4%) over the past year, making it difficult to compare to the Oil and Gas industry average (16.4%).


Return on Equity

High ROE: 1171's Return on Equity (7.2%) is considered low.


Financial Health

How is Yanzhou Coal Mining's financial position?


Financial Position Analysis

Short Term Liabilities: 1171's short term assets (CN¥67.7B) do not cover its short term liabilities (CN¥103.3B).

Long Term Liabilities: 1171's short term assets (CN¥67.7B) do not cover its long term liabilities (CN¥84.5B).


Debt to Equity History and Analysis

Debt Level: 1171's debt to equity ratio (125.7%) is considered high.

Reducing Debt: 1171's debt to equity ratio has reduced from 145.3% to 125.7% over the past 5 years.

Debt Coverage: 1171's debt is well covered by operating cash flow (23.8%).

Interest Coverage: 1171's interest payments on its debt are well covered by EBIT (6.6x coverage).


Balance Sheet


Dividend

What is Yanzhou Coal Mining current dividend yield, its reliability and sustainability?

10.17%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1171's dividend (10.17%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).

High Dividend: 1171's dividend (10.17%) is in the top 25% of dividend payers in the Hong Kong market (6.88%)


Stability and Growth of Payments

Stable Dividend: 1171's dividend payments have been volatile in the past 10 years.

Growing Dividend: 1171's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (37.1%), 1171's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 1171's dividends in 3 years are forecast to be covered by earnings (68% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.5yrs

Average management tenure


CEO

Yaomeng Xiao (49 yo)

0.25

Tenure

CN¥998,700

Compensation

Mr. Yaomeng Xiao is General Manager of Yanzhou Coal Mining Company Limited from July 30, 2021 and serves as its Non-Independent Director August 20, 2021. He was Deputy General Manager of Yanzhou Coal Minin...


Leadership Team

Experienced Management: 1171's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: 1171's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Yanzhou Coal Mining Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Yanzhou Coal Mining Company Limited
  • Ticker: 1171
  • Exchange: SEHK
  • Founded: 1973
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: HK$125.421b
  • Shares outstanding: 4.87b
  • Website: https://www.yanzhoucoal.com.cn

Number of Employees


Location

  • Yanzhou Coal Mining Company Limited
  • 949 South Fushan Road
  • Zoucheng
  • Shandong Province
  • 273500
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/27 10:03
End of Day Share Price2021/10/27 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.