Bowen Coking Coal Ltd (BCB) AI Stock Analysis

• Market Cap: AU$10.34M
• Dividend Yield: N/A
• Average Volume (3M): 455.23K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.78
• Revenue Growth: -4.19%
• EPS Growth: 84.70%
• Country: AU
• Employees: 3
• Sector: Basic Materials
• Sector Strength: 70
• Industry: Coal
• EPS (TTM): -0.08
• Shares Outstanding: 107,757,550
• 10 Day Avg. Volume: 1,062,341
• 30 Day Avg. Volume: 455,227
• 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: -60.00% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 39 Underperform
• Price Target: AU$0.00 ▼(-100.00%Downside)

Bowen Coking Coal Ltd's stock score is primarily impacted by its weak financial performance, with ongoing operational losses and high leverage posing significant risks. Technical analysis indicates bearish momentum, while poor valuation metrics further weigh down the score. The absence of positive earnings and dividend yield makes the stock unattractive for investors.

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
EBITDA	36.80M	-19.77M	-125.03M	-16.96M	-3.13M	0.00
Net Income	-39.08M	-95.46M	-162.94M	-18.30M	-3.22M	-2.06M
Balance Sheet
Total Assets	359.72M	335.52M	407.80M	172.70M	16.29M	11.70M
Cash, Cash Equivalents and Short-Term Investments	54.40M	21.69M	48.94M	72.52M	3.00M	2.39M
Total Debt	130.22M	158.89M	159.27M	54.63M	129.53K	0.00
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 *	43 Neutral	AU$1.42B	-6.13	-40.62%	4.05%	-4.78%	-42.91%
BCB	39 Underperform	AU$10.34M	―	-67.55%	―	-4.19%	84.70%
JAL	38 Underperform	AU$36.16M	―	-2.89%	―	―	50.00%
NCR	38 Underperform	AU$3.07M	―	-12.38%	―	―	33.33%
AQC	16 Underperform	AU$35.72M	―	-995.57%	―	―	-487.06%
CKALF		$23.31M	―		―	―	―
REY	33 Underperform	AU$3.17M	―	-69.70%	―	―	-308.85%

Bowen Coking Coal Ltd Corporate Events

Bowen Coking Coal Announces Board Resignation

Bowen Coking Coal Ltd announced the resignation of Mr. Michael Chapman from his role as a non-executive director. The company expressed gratitude for his contributions and wished him well in his future endeavors. This change in the board may impact the company’s strategic direction and stakeholder relations.

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 Ltd Securities Remain Suspended Amid Operational Review

Bowen Coking Coal Ltd has announced that its securities will remain suspended on the ASX as the company reviews its operational plans and explores financing solutions in response to depressed global coal prices and the challenging Queensland State coal royalty regime. Despite the suspension, Bowen continues its operations and is actively negotiating with lenders and suppliers to ensure liquidity, while committing to keep the market informed once a clear update is available.

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 Achieves 2025 Targets Amid Market Challenges

Bowen Coking Coal Ltd has successfully achieved its full-year 2025 production and sales guidance ahead of schedule, despite facing challenges such as severe weather conditions. The company is transitioning to an owner-operator model at its Burton Mine Complex to enhance operational control and reduce costs. However, the global coal market is experiencing a downturn, with significant price drops in metallurgical and thermal coal, impacting the company’s operating margins. Bowen is exploring strategic and financial options to fund its transition plan and maintain liquidity, with potential operational pauses if market conditions do not improve.

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 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.