Bowen Coking Coal Ltd (BCB) AI Stock Analysis

• Market Cap: AU$39.87M
• Dividend Yield: N/A
• Average Volume (3M): 260.55K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.64
• Revenue Growth: -4.19%
• EPS Growth: 84.70%
• Country: AU
• Employees: 3
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Coal
• EPS (TTM): -0.08
• Shares Outstanding: 107,757,550
• 10 Day Avg. Volume: 192,150
• 30 Day Avg. Volume: 260,550
• PEG Ratio: >-0.01
• Price to Book (P/B): 7.93
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.60
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$0.04
• Price Target Upside: -89.19% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 41 Neutral
• Price Target: AU$0.50 ▲(35.14%Upside)

Bowen Coking Coal Ltd's overall financial health is weak due to persistent operational losses and high leverage. The technical indicators suggest a bearish momentum, and the negative P/E ratio reflects unprofitability. The absence of dividend yield further impacts valuation negatively. The company needs to improve its cost structure and leverage to enhance financial stability and attractiveness.

Bowen Coking Coal Ltd Business Overview & Revenue Model

Company Description

Bowen Coking Coal Limited, together with its subsidiaries, engages in the exploration and development of metallurgical coal in Australia. The company holds 100% interests in the Isaac River Project that covers an area of 14 square kilometers located in the Bowen Basin in Central Queensland; the Cooroorah Project located north of Blackwater; and the Comet Ridge Project located South of the township of Comet, as well as 90% interests in the Hillalong Coking Coal Project covering 48 square kilometers in the northern Bowen Basin. It also has interests in the Broadmeadow East coking coal project located in Central Bowen Basin, Queensland; and the Bluff Mine, an open cut mine located in the southern Bowen Basin. The company was incorporated in 1994 and is headquartered in Brisbane, Australia.

How the Company Makes Money

Bowen Coking Coal Ltd primarily makes money through the exploration, development, and eventual sale of coking coal. The company generates revenue by extracting and selling coking coal to steel manufacturers and other industrial clients who require metallurgical coal for their operations. BCB's key revenue streams include the sale of coal extracted from its mining projects and potentially entering into offtake agreements with major steel producers. Additionally, strategic partnerships and joint ventures with other mining companies or investors may provide financial support and shared resources, contributing to BCB's earnings. The company's profitability is influenced by factors such as coal market demand, commodity prices, operational efficiency, and regulatory compliance.

Bowen Coking Coal Ltd Financial Statement Overview

Summary

Bowen Coking Coal Ltd has shown significant revenue growth, but persistent operational losses and negative margins overshadow this. The high leverage and low equity position pose financial risks, and ongoing negative cash flows suggest difficulty in sustaining operations without external financing. Improving the cost structure and reducing leverage are critical for financial stability.

Income Statement

Bowen Coking Coal Ltd has shown significant revenue growth over the past years, with a notable increase from $118,623 in 2022 to $450,214 in 2024. However, the company has consistently reported negative net income and operating losses, indicating challenges in managing costs and achieving profitability. The gross profit margin is low, and both EBIT and EBITDA margins are negative, pointing to operational inefficiencies.

Balance Sheet

The company's balance sheet reveals a high level of debt compared to equity, with a debt-to-equity ratio of 16.26 in 2024, indicating significant leverage. The equity ratio is low, suggesting a potential risk in financial stability. Despite the high debt level, the company maintains a positive asset base, though stockholders' equity has decreased significantly.

Cash Flow

Cash flow analysis shows consistent negative free cash flow, reflecting challenges in generating cash from operations. The operating cash flow to net income ratio is negative, indicating operational cash flow challenges. Despite investments in capital expenditures, the free cash flow to net income ratio is also negative, highlighting financial strain.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
410.13M	450.21M	204.48M	11.86M	0.00	120.84K
	Gross Profit
80.14M	5.17M	-85.81M	-11.38M	-25.71K	120.84K
	EBIT
-11.67M	-68.84M	-136.35M	-17.39M	-3.15M	-2.18M
	EBITDA
36.80M	-19.77M	-125.03M	-16.96M	-3.13M	0.00
	Net Income Common Stockholders
-39.08M	-95.46M	-162.94M	-18.30M	-3.22M	-2.06M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
54.40M	21.69M	48.94M	72.52M	3.00M	2.39M
	Total Assets
359.72M	335.52M	407.80M	172.70M	16.29M	11.70M
	Total Debt
130.22M	158.89M	159.27M	54.63M	129.53K	0.00
	Net Debt
75.82M	137.20M	110.33M	-17.89M	-2.87M	-2.39M
	Total Liabilities
284.69M	325.75M	372.75M	102.47M	1.34M	1.22M
	Stockholders Equity
75.03M	9.77M	35.05M	70.24M	14.95M	10.48M
Cash Flow		Free Cash Flow
-63.44M	-85.74M	-173.80M	-34.44M	-7.26M	-5.60M
	Operating Cash Flow
-11.83M	-3.64M	-105.14M	-19.01M	-2.71M	-1.63M
	Investing Cash Flow
-32.57M	-78.70M	-100.36M	-32.63M	-3.36M	-1.47M
	Financing Cash Flow
26.84M	53.62M	181.64M	121.16M	6.67M	3.45M

Bowen Coking Coal Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	51 Neutral	$2.04B	-1.15	-21.24%	3.95%	2.91%	-30.44%
BCB	41 Neutral	AU$39.87M	―	-67.55%	―	-4.19%	84.70%
NHPEF		$2.09B	6.33	22.35%	8.62%	―	―
WHITF		$3.09B	27.18	3.39%	3.82%	―	―
YACAF		$4.73B	5.70	13.93%	9.41%	―	―
SMR	70 Neutral	AU$1.74B	6.01	10.52%	11.14%	-13.91%	-58.85%
CRN	55 Neutral	AU$285.00M	―	-16.23%	10.23%	-17.57%	-1132.91%

Bowen Coking Coal Ltd Corporate Events

Bowen Coking Coal Transitions to Owner-Operator Model at Burton Mine

Bowen Coking Coal Ltd announced its transition to an owner-operator model for the Burton Mine Complex, effective from July 1, 2025, following the expiration of its contract with BUMA Australia Pty Ltd. This strategic move aims to enhance productivity, operational flexibility, and cost efficiency, supporting the company’s growth plans for the Plumtree North, Isaac, and Lenton pits. The transition is expected to provide new opportunities for the workforce and improve alignment across operations, with the company actively seeking funding solutions to support its expansion plans.

The most recent analyst rating on (AU:BCB) stock is a Buy with a A$0.04 price target. To see the full list of analyst forecasts on Bowen Coking Coal Ltd stock, see the AU:BCB Stock Forecast page.

Bowen Coking Coal Announces Director’s Interest Change

Bowen Coking Coal Limited announced a change in the director’s interest, specifically regarding the expiration of unlisted options held by Director Nick Jorss through various investment entities. This change reflects the company’s ongoing management of its securities and may influence shareholder perceptions and the director’s stake in the company.

Bowen Coking Coal Announces Investor Webinar for March Quarter Review

Bowen Coking Coal Ltd has announced an investor webinar scheduled for May 2, 2025, where the CEO and CFO will discuss the company’s March 2025 Quarterly Report. This event provides an opportunity for stakeholders to engage with the company’s leadership and gain insights into its recent performance and future outlook, potentially impacting investor confidence and market positioning.

Bowen Coking Coal Reports Record Cashflows Amid Weather Challenges

Bowen Coking Coal Limited reported record operating cashflows of $15.4 million for the March 2025 quarter, despite challenges from heavy rainfall affecting logistics. The company achieved its second-highest coal sales volume from the Burton Complex, with robust production and cost results positioning it well to meet high-end guidance for coal mined and sales for the fiscal year. The company also reported significant cost reductions, placing it in the second cost quartile among Bowen Basin producers, and is on track to complete the Plumtree North development by June 2025.

Bowen Coking Coal Ltd Announces Cessation of Securities

Bowen Coking Coal Ltd announced the cessation of certain securities, specifically 75,000 options and 710 performance rights, due to the lapse of conditional rights as the conditions were not met or became incapable of being satisfied. This announcement may affect the company’s capital structure and could have implications for stakeholders, reflecting the company’s ongoing adjustments in its financial operations.

Bowen Coking Coal Announces Registry Address Change

Bowen Coking Coal Ltd announced a change in the address of its registry office to a new location in Sydney, effective from April 14, 2025. This administrative update is part of the company’s ongoing operations and does not affect telephone numbers or postal addresses. The announcement, authorized by the Company Secretary, reflects the company’s commitment to maintaining efficient and updated operational logistics.

Bowen Coking Coal Ltd on Track to Meet FY25 Targets Amidst Challenges

Bowen Coking Coal Ltd announced that it is on track to meet its financial year 2025 guidance, achieving high-end production and sales targets while maintaining low-end cost targets despite adverse weather and logistical challenges. The company’s robust performance in the March quarter, including significant coal sales and production, underscores its resilience and operational efficiency. The development of the Plumtree North mine is progressing as planned, securing future production and reinforcing Bowen’s market position. The company is also in the process of recruiting a new Non-Executive Chairperson, reflecting its commitment to strong governance and strategic leadership.

Bowen Coking Coal Limited Releases Interim Financial Report for 2024

Bowen Coking Coal Limited released its interim financial report for the half-year ending December 31, 2024. The report provides consolidated financial statements, including profit and loss, financial position, and cash flows, reflecting the company’s financial health and operational performance. This release is crucial for stakeholders to assess the company’s market positioning and future prospects.