NOT FOR DISTRIBUTION
Header cover image

Yanzhou Coal Mining

Market Cap

HK$67.7b

Last Updated

2021/05/18 10:28 UTC

Data Sources

Company Financials +

Executive Summary

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


Snowflake Analysis

Established dividend payer and good value.


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 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 1171's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

-1.9%

1171

-4.0%

HK Oil and Gas

-1.3%

HK Market


1 Year Return

66.9%

1171

17.0%

HK Oil and Gas

24.5%

HK Market

Return vs Industry: 1171 exceeded the Hong Kong Oil and Gas industry which returned 17% over the past year.

Return vs Market: 1171 exceeded the Hong Kong Market which returned 24.5% over the past year.


Shareholder returns

1171IndustryMarket
7 Day-1.9%-4.0%-1.3%
30 Day-2.4%3.8%-2.4%
90 Day58.4%9.1%-8.6%
1 Year84.3%66.9%26.2%17.0%29.2%24.5%
3 Year31.2%-11.0%-31.0%-42.6%0.9%-9.6%
5 Year313.1%174.2%4.5%-18.0%59.3%32.4%

Long-Term 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

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1171 (HK$10.5) is trading below our estimate of fair value (HK$25.93)

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 (5.5x) compared to the Hong Kong Oil and Gas industry average (7.6x).

PE vs Market: 1171 is good value based on its PE Ratio (5.5x) compared to the Hong Kong market (11.6x).


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 (0.8x) 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 13 analysts?

-0.1%

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 (-0.1% per year).

Earnings vs Market: 1171's earnings are forecast to decline over the next 3 years (-0.1% 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 (-8.5% per year).

High Growth Revenue: 1171's revenue is forecast to decline over the next 3 years (-8.5% 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 (12.9%).


Past Performance

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

25.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1171 has a large one-off loss of CN¥5.0B impacting its March 31 2021 financial results.

Growing Profit Margin: 1171's current net profit margins (3.9%) are lower than last year (4.4%).


Past Earnings Growth Analysis

Earnings Trend: 1171's earnings have grown significantly by 25.2% 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 (-18.2%) over the past year, making it difficult to compare to the Oil and Gas industry average (-3%).


Return on Equity

High ROE: 1171's Return on Equity (8.4%) 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¥59.1B) do not cover its short term liabilities (CN¥100.6B).

Long Term Liabilities: 1171's short term assets (CN¥59.1B) do not cover its long term liabilities (CN¥79.6B).


Debt to Equity History and Analysis

Debt Level: 1171's debt to equity ratio (125.6%) is considered high.

Reducing Debt: 1171's debt to equity ratio has reduced from 137.5% to 125.6% over the past 5 years.

Debt Coverage: 1171's debt is well covered by operating cash flow (23%).

Interest Coverage: 1171 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

11.49%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1171's dividend (11.49%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.96%).

High Dividend: 1171's dividend (11.49%) is in the top 25% of dividend payers in the Hong Kong market (5.98%)


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 (38.2%), 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 (63.3% payout ratio).


Next Steps

Management

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

1.1yrs

Average management tenure


CEO

Yanzhou Coal Mining has no CEO, or we have no data on them.


Leadership Team

Experienced Management: 1171's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

Experienced Board: 1171's board of directors are not considered experienced ( 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 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$67.750b
  • 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


Biography

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 c...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/18 10:28
End of Day Share Price2021/05/18 00:00
Earnings2021/03/31
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.