Executive Summary
Yanzhou Coal Mining Company Limited, an investment holding company, primarily engages in the mining, preparation, and sale of coal in China, Japan, South Korea, Singapore, Australia, and internationally. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 2.9% per year for the next 3 years
Snowflake Analysis
Undervalued established dividend payer.
Similar Companies
Share Price & News
How has Yanzhou Coal Mining's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1171 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
4.6%
1171
1.3%
HK Oil and Gas
1.5%
HK Market
1 Year Return
-27.5%
1171
-32.6%
HK Oil and Gas
1.4%
HK Market
Return vs Industry: 1171 exceeded the Hong Kong Oil and Gas industry which returned -32.6% over the past year.
Return vs Market: 1171 underperformed the Hong Kong Market which returned 1.4% over the past year.
Shareholder returns
| 1171 | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.6% | 1.3% | 1.5% |
| 30 Day | 0.3% | -3.8% | -0.7% |
| 90 Day | -8.6% | -5.2% | 3.6% |
| 1 Year | -7.3%-27.5% | -28.8%-32.6% | 5.4%1.4% |
| 3 Year | 14.2%-22.5% | -28.5%-38.9% | -4.3%-14.6% |
| 5 Year | 153.8%68.4% | -20.6%-35.5% | 24.7%3.7% |
Price Volatility Vs. Market
How volatile is Yanzhou Coal Mining's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
We Wouldn't Rely On Yanzhou Coal Mining's (HKG:1171) Statutory Earnings As A Guide2 weeks ago | Simply Wall St
Are Insiders Selling Yanzhou Coal Mining Company Limited (HKG:1171) Stock?3 weeks ago | Simply Wall St
Here's What Yanzhou Coal Mining Company Limited's (HKG:1171) Shareholder Ownership Structure Looks LikeValuation
Is Yanzhou Coal Mining undervalued compared to its fair value and its price relative to the market?
47.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 1171 (HK$6.08) is trading below our estimate of fair value (HK$11.55)
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 (3.3x) compared to the HK Oil and Gas industry average (6.2x).
PE vs Market: 1171 is good value based on its PE Ratio (3.3x) compared to the Hong Kong market (11.1x).
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 is good value based on its PB Ratio (0.4x) compared to the HK Oil and Gas industry average (0.6x).
Next Steps
Future Growth
How is Yanzhou Coal Mining forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
-2.9%
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 (-2.9% per year).
Earnings vs Market: 1171's earnings are forecast to decline over the next 3 years (-2.9% 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 (-6.8% per year).
High Growth Revenue: 1171's revenue is forecast to decline over the next 3 years (-6.8% 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 (10.5%).
Next Steps
Past Performance
How has Yanzhou Coal Mining performed over the past 5 years?
37.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1171 has high quality earnings.
Growing Profit Margin: 1171's current net profit margins (4.2%) are lower than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: 1171's earnings have grown significantly by 37% 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 (-11%) over the past year, making it difficult to compare to the Oil and Gas industry average (-5.9%).
Return on Equity
High ROE: 1171's Return on Equity (12.6%) is considered low.
Next Steps
Financial Health
How is Yanzhou Coal Mining's financial position?
Financial Position Analysis
Short Term Liabilities: 1171's short term assets (CN¥68.3B) do not cover its short term liabilities (CN¥78.2B).
Long Term Liabilities: 1171's short term assets (CN¥68.3B) exceed its long term liabilities (CN¥56.9B).
Debt to Equity History and Analysis
Debt Level: 1171's debt to equity ratio (86.4%) is considered high.
Reducing Debt: 1171's debt to equity ratio has reduced from 137.3% to 86.4% over the past 5 years.
Debt Coverage: 1171's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: 1171 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Yanzhou Coal Mining current dividend yield, its reliability and sustainability?
10.92%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1171's dividend (10.92%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).
High Dividend: 1171's dividend (10.92%) is in the top 25% of dividend payers in the Hong Kong market (6.91%)
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 (35.8%), 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 well covered by earnings (34.7% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
0.4yrs
Average management tenure
CEO
Jian Liu (51 yo)
0.42
Tenure
CN¥964,000
Compensation
Mr. Jian Liu serves as General Manager at Yanzhou Coal Mining Company Limited since April 22, 2020. He serves as a Director at Yanzhou Coal Mining Company Limited since May 24, 2019 and was its Vice Genera ...
CEO Compensation Analysis
Compensation vs Market: Jian's total compensation ($USD142.41K) is below average for companies of similar size in the Hong Kong market ($USD574.53K).
Compensation vs Earnings: Jian's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| GM & Director | 0.42yr | CN¥964.00k | no data | |
| CFO & Director | 4.25yrs | CN¥1.00m | no data | |
| Deputy GM & Director | 0.25yr | CN¥1.20m | no data | |
| Deputy General Manager | 0.67yr | CN¥839.00k | no data | |
| Secretary to the Board | 4.5yrs | CN¥857.00k | no data | |
| Chief Investment Officer | 0.25yr | no data | no data | |
| Head of Finance Management Department | no data | no data | no data | |
| Chief Engineer | 0.42yr | no data | no data | |
| Deputy General Manager | 0.25yr | no data | no data | |
| Deputy General Manager | 0.25yr | no data | no data | |
| Deputy GM & Chief Safety Officer | 0.25yr | no data | no data |
0.4yrs
Average Tenure
50.5yo
Average Age
Experienced Management: 1171's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| GM & Director | 0.42yr | CN¥964.00k | no data | |
| CFO & Director | 4.25yrs | CN¥1.00m | no data | |
| Deputy GM & Director | 0.25yr | CN¥1.20m | no data | |
| Independent Non-Executive Director | 3.25yrs | CN¥142.00k | no data | |
| Chairman of the Board | 7yrs | no data | 0.00021% CN¥ 94.3k | |
| Director | 6.33yrs | CN¥1.25m | 0.00021% CN¥ 94.3k | |
| Chairman of the Supervisory Committee | 3.25yrs | CN¥191.43k | 0.00026% CN¥ 116.7k | |
| Independent Non Executive Director | 0.25yr | no data | no data | |
| Vice Chairman of the Supervisory Committee | 3.25yrs | no data | no data | |
| Independent Non-Executive Director | 2.83yrs | CN¥142.00k | no data | |
| Independent Non Executive Director | 0.25yr | no data | no data | |
| Employee Representative Director | 0.25yr | no data | no data |
3.0yrs
Average Tenure
53.5yo
Average Age
Experienced Board: 1171's board of directors are considered experienced (3 years average tenure).
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.
Recent Insider Transactions
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 company bio, 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$44.900b
- Shares outstanding: 4.86b
- Website: https://www.yanzhoucoal.com.cn
Number of Employees
Location
- Yanzhou Coal Mining Company Limited
- 298 Fushan South Road
- Zoucheng
- Shandong Province
- 273500
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| YZCA.Y | OTCPK (Pink Sheets LLC) | SPON ADR EACH REP 10'H'CNY1 LEVELIII | US | USD | Mar 1998 | |
| YZC | DB (Deutsche Boerse AG) | SPON ADR EACH REP 10'H'CNY1 LEVELIII | DE | EUR | Mar 1998 | |
| YZCH.F | OTCPK (Pink Sheets LLC) | Yes | Foreign Shares-Foreign Listed | US | USD | Apr 1998 |
| 1171 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Foreign Shares-Foreign Listed | HK | HKD | Apr 1998 |
| YZCA | DB (Deutsche Boerse AG) | Yes | Foreign Shares-Foreign Listed | DE | EUR | Apr 1998 |
| 1171 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Foreign Shares-Foreign Listed | HK | HKD | Apr 1998 |
| 1171 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Foreign Shares-Foreign Listed | HK | HKD | Apr 1998 |
| 600188 | SHSE (Shanghai Stock Exchange) | Domestic Shares | CN | CNY | Jul 1998 | |
| 600188 | XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect) | Domestic Shares | CN | CNY | Jul 1998 |
Biography
Yanzhou Coal Mining Company Limited, an investment holding company, primarily engages in the mining, preparation, and sale of coal in China, Japan, South Korea, Singapore, Australia, and internationally. T ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/09/19 19:32 |
| End of Day Share Price | 2020/09/18 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.