YAL.AX - Yancoal Australia Ltd

ASX - ASX Delayed Price. Currency in AUD
3.0200
-0.0300 (-0.98%)
As of 3:59PM AEDT. Market open.
Stock chart is not supported by your current browser
Previous Close3.0500
Open3.0500
Bid3.0200 x 0
Ask3.0400 x 0
Day's Range3.0200 - 3.0500
52 Week Range2.6000 - 4.3400
Volume3,853
Avg. Volume15,557
Market Cap3.988B
Beta (3Y Monthly)-0.04
PE Ratio (TTM)3.71
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.21 (6.79%)
Ex-Dividend Date2019-09-05
1y Target EstN/A
  • Are Yancoal Australia Ltd’s Returns On Capital Worth Investigating?
    Simply Wall St.

    Are Yancoal Australia Ltd’s Returns On Capital Worth Investigating?

    Today we are going to look at Yancoal Australia Ltd (ASX:YAL) to see whether it might be an attractive investment...

  • Yancoal Australia (ASX:YAL) Seems To Use Debt Quite Sensibly
    Simply Wall St.

    Yancoal Australia (ASX:YAL) Seems To Use Debt Quite Sensibly

    David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

  • Thomson Reuters StreetEvents

    Edited Transcript of YAL.AX earnings conference call or presentation 22-Aug-19 10:59am GMT

    Half Year 2019 Yancoal Australia Ltd Earnings Call

  • What Can We Expect From Yancoal Australia Ltd's (ASX:YAL) Earnings In Next 12 Months?
    Simply Wall St.

    What Can We Expect From Yancoal Australia Ltd's (ASX:YAL) Earnings In Next 12 Months?

    Looking at Yancoal Australia Ltd's (ASX:YAL) earnings update in December 2018, analyst forecasts seem pessimistic, as...

  • What Makes Yancoal Australia Ltd (ASX:YAL) A Great Dividend Stock?
    Simply Wall St.

    What Makes Yancoal Australia Ltd (ASX:YAL) A Great Dividend Stock?

    Could Yancoal Australia Ltd (ASX:YAL) be an attractive dividend share to own for the long haul? Investors are often...

  • Is Yancoal Australia Ltd (ASX:YAL) Overpaying Its CEO?
    Simply Wall St.

    Is Yancoal Australia Ltd (ASX:YAL) Overpaying Its CEO?

    Reinhold Schmidt became the CEO of Yancoal Australia Ltd (ASX:YAL) in 2013. This report will, first, examine the CEO...

  • Australian Thermal Coal Leaves Investors Cold
    Bloomberg

    Australian Thermal Coal Leaves Investors Cold

    (Bloomberg Opinion) -- When you’re in the business of buying and selling, timing is everything.That’s the costly lesson facing BHP Group, which is looking at options to divest its thermal coal assets according to a report Thursday by Thomas Biesheuvel of Bloomberg News that cited people familiar with the matter.Arch-rival Rio Tinto Group raised $2.7 billion selling mines in the Hunter Valley north of Sydney to Yancoal Australia Ltd., in a process that started in 2016. BHP could get far less: Macquarie Group Ltd. estimates $1.6 billion. That’s despite the fact that BHP’s Mount Arthur and Cerrejon mines, in the Hunter Valley and Colombia, post roughly the same Ebitda as as the ones Rio Tinto sold. BHP has had good reasons to keep operating these mines. They’ve produced several years of good earnings, for one. Mount Arthur has probably been even more profitable than it looks on paper, thanks to its ability to utilize tax losses that will now be running low.Still, it will be galling to sell at a discount when the long-term price for the high-energy coal mined in the Hunter Valley is now about a third higher than the $63 a metric ton level at the time Rio Tinto’s deal was announced.What’s changed? More or less everything.Back in 2016, coal was still the lowest-cost way of delivering new generation in most major markets. The slumping price of wind and solar generation since then has changed the game. Thermal coal will fall to 11% of U.S. generation by 2030 from the mid-20s at present, S&P Global Ratings wrote in a report Wednesday; outside of Spain and Germany, most European coal-fired plants will be retired by 2025.North Asian markets supplied by Mount Arthur look like an exception, with Japan, South Korea and China making up about 80% of Australia’s thermal coal exports. The first two countries are rare cases where falling renewables costs have failed to undercut the black stuff.Even there, though, the picture is dimming: Japan’s coal-fired capacity will go into to decline starting 2023, and actual demand should fall faster since its most recent plants use fuel more efficiently, according to a report this week by the Institute for Energy Economics and Financial Analysis, a research group opposed to fossil fuels. South Korea now has taxes on coal amounting to $60 a ton and imports will fall by half by 2040, according to the International Energy Agency.The group of potential buyers looks thin, too. Anglo American Plc, which has a one-third stake in Cerrejon alongside BHP and Glencore Plc, doesn’t seem in the mood for bulking up. The Japanese trading houses that have historically been major investors in Australia’s mining industry, meanwhile, have been quietly divesting strategic coal stakes for several years. What does that leave? Glencore, despite a promise in February to cap coal output, shouldn't be ignored. In that announcement, the commodities trader noted it may still buy out some minority stakes, which seems to anticipate a deal on Cerrejon. Glencore could also, in theory, get rid of its South African operations and replace them with Mount Arthur, keeping total output within limits and swapping in a more profitable mine. That would depend on finding a buyer for those South African mines, though, and there’s enough turmoil in that country’s coal and energy sector as it is.China is another possible buyer for Mount Arthur. The pit is adjacent to Yancoal’s existing operations, suggesting possible synergies. Still, 2019 isn’t the best year to be doing this. Since February, the country has been holding up shipments of Australian coal for ill-defined reasons that have a whiff of geopolitics about them. Any Chinese business looking for government approval to buy an Australian coal mine will have to reckon with that.Beyond that, there’s even the possibility that smaller local miners will have a go. In the old days, the idea that a relative minnow like Whitehaven Coal Ltd. could absorb a pit the size of Mount Arthur would have seemed absurd, but at Macquarie’s estimate of a $600 million price tag it’s not impossible. Based on BHP’s latest results, a buyer could pay off that sum in 18 months or so and run the mine for cash, assuming rehabilitation costs weren’t too high. Still, how times have changed. Back when Rio Tinto was hawking its coal assets, the company could plausibly argue that it still saw a bright future for the stuff. Nowadays, BHP is warning that it could be “phased out, potentially sooner than expected,” even as it’s trying to tempt buyers. Those M&A bankers are going to have their work cut out to get a good price.To contact the author of this story: David Fickling at dfickling@bloomberg.netTo contact the editor responsible for this story: Matthew Brooker at mbrooker1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.David Fickling is a Bloomberg Opinion columnist covering commodities, as well as industrial and consumer companies. He has been a reporter for Bloomberg News, Dow Jones, the Wall Street Journal, the Financial Times and the Guardian.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Did Yancoal Australia Ltd (ASX:YAL) Insiders Buy Up More Shares?
    Simply Wall St.

    Did Yancoal Australia Ltd (ASX:YAL) Insiders Buy Up More Shares?

    We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...

  • What Investors Should Know About Yancoal Australia Ltd's (ASX:YAL) Financial Strength
    Simply Wall St.

    What Investors Should Know About Yancoal Australia Ltd's (ASX:YAL) Financial Strength

    Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as Yancoal...

  • Why We Think Yancoal Australia Ltd (ASX:YAL) Could Be Worth Looking At
    Simply Wall St.

    Why We Think Yancoal Australia Ltd (ASX:YAL) Could Be Worth Looking At

    As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I...

  • With EPS Growth And More, Yancoal Australia (ASX:YAL) Is Interesting
    Simply Wall St.

    With EPS Growth And More, Yancoal Australia (ASX:YAL) Is Interesting

    Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

  • Moody's

    Yancoal Int'l Resources Development Co., Ltd -- Moody's announces completion of a periodic review of ratings of Yanzhou Coal Mining Company Limited

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Yanzhou Coal Mining Company Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • What Should Investors Know About Yancoal Australia Ltd's (ASX:YAL) Growth?
    Simply Wall St.

    What Should Investors Know About Yancoal Australia Ltd's (ASX:YAL) Growth?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Yancoal Australia Ltd's (ASX:YAL) announced its latest earnings update in December 2018, which c...

  • Do You Know What Yancoal Australia Ltd's (ASX:YAL) P/E Ratio Means?
    Simply Wall St.

    Do You Know What Yancoal Australia Ltd's (ASX:YAL) P/E Ratio Means?

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll show how you can use Yancoal Australia Ltd's (ASX:YAL) P/E ratio to inform your assessment of the investment opportunity. What is...

  • Can Yancoal Australia Ltd (ASX:YAL) Maintain Its Strong Returns?
    Simply Wall St.

    Can Yancoal Australia Ltd (ASX:YAL) Maintain Its Strong Returns?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why itRead More...

  • China says Australian coal imports remain normal, Canberra seeks to calm investors
    Reuters

    China says Australian coal imports remain normal, Canberra seeks to calm investors

    SYDNEY/BEIJING (Reuters) - China's foreign ministry said on Friday that Australian coal imports to the country continue as normal, although it added customs authorities had stepped up environment and safety checks on foreign cargoes. The statement came after sources at Chinese ports told Reuters Australian coal imports are facing longer waiting times to clear customs than other supplies, and the northern port of Dalian was halting Australian coal shipments. "At present, customs throughout the country are accepting as normal customs declarations for imported coal, including from Australia," said Geng Shuang, spokesman for the Ministry of Foreign Affairs in China, during a press briefing.

  • Exclusive: China's Dalian port bans Australian coal imports, sets 2019 quota - source
    Reuters

    Exclusive: China's Dalian port bans Australian coal imports, sets 2019 quota - source

    Customs at China's northern port of Dalian has banned imports of Australian coal and will cap overall coal imports from all sources to the end of 2019 at 12 million tonnes, an official at Dalian Port Group told Reuters on Thursday. The indefinite ban on imports from top supplier Australia, effective since the start of February, comes as major ports elsewhere in China prolong clearing times for Australian coal to at least 40 days. Australia's ties with China have deteriorated since 2017, when Canberra accused China of meddling in its domestic affairs.

  • Reuters

    Australia's Pacific National says coal train derailed, services disrupted

    Australian coal haulier Pacific National said on Thursday that one of its trains derailed near the Hunter Valley in New South Wales and that some services would be affected while repair work was carried out. The Hunter Valley is Australia's top thermal coal-producing region and home to operations run by Yancoal, Glencore and Peabody Energy.

  • Reuters

    Yancoal says some Australian operations affected by train derailment

    Yancoal said on Thursday that some of its operations in Australia's New South Wales state had been affected by the derailment of a coal train, but that it was too early to advise customers of any potential impact. Australian haulier Pacific National said earlier that one of its coal trains had derailed near the thermal coal producing Hunter Valley region on Wednesday, and that operations would be impacted while repair work was carried out.

  • Why Yancoal Australia Ltd’s (ASX:YAL) CEO Pay Matters To You
    Simply Wall St.

    Why Yancoal Australia Ltd’s (ASX:YAL) CEO Pay Matters To You

    Reinhold Schmidt has been the CEO of Yancoal Australia Ltd (ASX:YAL) since 2013. First, this article will compare CEO compensation with compensation at similar sized companies. Next, we'll consider growth Read More...

  • Moody's

    Yancoal Int'l Resources Development Co., Ltd -- Moody's changes outlook on Yanzhou Coal's Ba3 CFR to positive

    Moody's Investors Service has changed to positive from stable the outlook on Yanzhou Coal Mining Company Limited's Ba3 corporate family rating (CFR) and the Ba3 senior unsecured rating on the bonds issued by Yancoal International Resources Development Co., Limited and guaranteed by Yanzhou Coal. "The positive ratings outlook reflects our expectation that Yanzhou Coal's improved credit profile will likely be sustained at levels that are strong for its Ba3 rating over the next 12-18 months," says Gerwin Ho, a Moody's Vice President and Senior Credit Officer, and also the International Lead Analyst for Yanzhou Coal.

  • Should You Buy Yancoal Australia Ltd (ASX:YAL) For Its Dividend?
    Simply Wall St.

    Should You Buy Yancoal Australia Ltd (ASX:YAL) For Its Dividend?

    Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. Recently, Yancoal Australia Ltd (ASX:YAL) has Read More...

  • Reuters

    BRIEF-Yancoal Australia Allocates 68.4 Mln New Yancoal Shares To Investors Under Global Offering

    Nov 29 (Reuters) - Yancoal Australia Ltd: * ALLOCATED 68.4 MLN NEW YANCOAL SHARES TO INVESTORS UNDER GLOBAL OFFERING AT AN OFFER PRICE OF HK$23.48 PER SHARE * GLOBAL OFFERING TO RAISE TOTAL PROCEEDS OF ...