YANCOAL AUSTRALIA LIMITED (YAL)



Welcome to InvestSMART

You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:

Sign Up Today » it's FREE! Already a member? Login now!


General Information
Company Name: Yancoal Australia Limited
Stock Code: YAL
Website: www.yancoal.com.au
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 706
Equiv. Shares (M): 994

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.710 $ 0.695 $ 0.720 $ 0.695 $ 0.710 65,871 0%

Current Broker Consensus Recommendation more
Recommendation: Sell
Recommendation Date: 22nd Apr 2013
12 Month Target Price (average): $0.93
Brokers Surveyed: 5

Company Overview

Business Description:
Yancoal Australia Limited (YAL) is an Australian based coal producer and developer operating open cut and underground coal mines in New South Wales and Queensland. YAL produces coal products for export, primarily in Asian markets. Currently, YAL manages sevenoperating mines, exploration projects and major infrastructure shareholdings. YAL also has access to portfolio of intellectual property assets.


Financial Summary
Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A 30.6 3.5 -- 28.6 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap A F 2012 F A F 2012 F A F 2012 F
BHP Billiton (BHP) $113,276 M -0.1359 -0.2135 0.2033 11.1986 14.2390 11.8332 0.0312 0.0328 0.0363
Iluka Resources (ILU) $4,936 M -0.2536 -0.6747 1.6610 13.0666 40.1704 15.0960 0.0297 0.0127 0.0241
Rio Tinto (RIO) $24,533 M -0.3874 0.0912 0.2010 11.6289 10.6568 8.8730 0.0286 0.0329 0.0364
Sims Metal Management (SGM) $2,021 M -0.6378 -0.2349 1.9387 29.3733 38.3929 13.0647 0.0202 0.0110 0.0374
Yancoal Australia (YAL) $706 M -- -- -- 19.7222 -- -- 0.0000 -- --

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
YAL -- 19.7 0.38 -- 0.47
Market 1.07 12.6 0.89 2.31 2.58
Sector 0.58 8.89 0.69 1.98 7.25

Directors
Name Position Start Date
Mr Boyun Xu Co-Company Secretary,Managing Director 26 June 2012
Mr Xinghua Ni Executive Director 26 June 2012
Mr Cunliang Lai Executive Director 18 November 2004
Mr Yuxiang Wu Executive Director 18 November 2004
Mr Baocai Zhang Executive Director 26 June 2012
Mr James Andrew Charles MacKenzie Non-Executive Director 26 June 2012
Mr Vincent O'Rourke Non-Executive Director 22 December 2009
Mr William Randall Non-Executive Director 26 June 2012
Mr Gregory James Fletcher Non-Executive Director 26 June 2012
Dr Geoff Raby Non-Executive Director 26 June 2012
Mr Weimin Li Vice Chairman 31 August 2009

Management
Name Position
Murray Lewis Bailey Chief Executive Officer
Peng Shen Chief Financial Officer
Michael Dingwell Chief Marketing Officer
Peter Barton Chief Operating Officer,Chief Executive Officer
Ling Zhang Company Secretary

Substantial Shareholders
Holding Name
130,881,705 (13.16%) Noble Group Ltd
775,488,994 (78.00%) Yanzhou Coal Mining Company Ltd

Calendar of Events
Date Event
17 April 2014 Report (Quarterly)
26 March 2014 Report (Annual)
24 March 2014 Report (Prelim)
27 February 2014 Report (Prelim)
16 January 2014 Report (Quarterly)
18 October 2013 Report (Quarterly)
19 August 2013 Report (Interim)
16 August 2013 Report (Interim)
19 July 2013 Report (Quarterly)
31 May 2013 AGM
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.

Advertisement

Trade Shares Online from $19.95^
Free Guides

The SMH Guide to Powers of Attorney

Handing over, what if you need someone else to make decisions for you? There are times in your life when you can't fulfil your financial obligations personally.

More details...

News

Consumer gloom spoils day for the big four

The Age 23/05/2013 | The local sharemarket closed lower for a second consecutive day, dragged down by the banks and a surprisingly poor consumer sentiment report.

Fairfax shareholders keen for news on Domain and paywalls

The Age 23/05/2013 | There is a great deal of anticipation for the investor day of Fairfax Media, owner of The Age and The Sydney Morning Herald.

RAMS offer sees shares on the rise

The Age 23/05/2013 | Non-bank lender Resimac has made a bid to acquire the remnants of mortgage firm RAMS in a joint proposal with former Babcock & Brown banker Trevor Loewensohn.

Myer all out to chase sales

The Age 23/05/2013 | Department store Myer will switch its focus from relentless cost-cutting to driving sales growth and grabbing a greater slice of the discretionary spend by shoppers.

Bureau signals end of boom in commodities

The Age 23/05/2013 | Australia's top commodities agency has detailed a year of woe for the local resources industry and joined the Reserve Bank in declaring the peak of investment in the sector.

Telstra to axe jobs in major shake-up

The Age 23/05/2013 | Significant job losses are expected at Telstra after the telco announced sweeping changes to its operational structure as it shifts away from its legacy business.

More...


Sponsored Links

Feedback Form