The earnings call highlighted a strong financial and operational performance, with increased production and sales volumes, a robust cash position, and operational efficiencies. However, there were challenges related to weather disruptions, softer demand in coal markets, and a decline in metallurgical coal prices.
Company Guidance
During the Yancoal Australia Q4 2024 earnings call, the guidance provided highlighted several key metrics and achievements. The company reported that its full-year ROM coal production increased by 4% to nearly 63 million tonnes, while annual attributable production and sales rose by 10% and 14%, respectively. They achieved 36.9 million tonnes of attributable saleable coal production, hitting the midpoint of their production guidance range. Yancoal expects its 2024 financial results to show cash operating costs around the midpoint of the $89 to $97 per tonne guidance range. The strong production and cost management resulted in an additional $480 million added to their cash position, closing the year with a cash balance of almost $2.5 billion. Despite weather disruptions, the company's mines produced 17.3 million tonnes of ROM coal and 13 million tonnes of saleable coal on a 100% basis during Q4. The call also discussed potential future dividends, with the board meeting in February to make decisions, and emphasized the company's financial capacity to pursue corporate initiatives.
Increased Production and Sales
Full year ROM coal production increased by 4% to nearly 63 million tonnes. Annual attributable production and sales increased by 10% and 14%, respectively.
Strong Financial Position
The company added $480 million to its cash position during the quarter, finishing the year with a cash balance of almost $2.5 billion.
Operational Efficiency
Moolarben open cut mine reached its permitted production cap of 16 million tonnes of ROM coal. The total recordable injury frequency rate improved to 6.7, below the industry average.
Sales Volume Exceeds Production
Attributable sales volume was 10.4 million tonnes, 0.7 million tonnes more than the saleable production due to selling down stockpiles.
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Yancoal Australia Ltd. (AU:YAL) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AU:YAL Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jan 20, 2025
AU$5.96
AU$5.95
-0.17%
Aug 19, 2024
AU$7.04
AU$6.96
-1.14%
Feb 23, 2024
AU$5.55
AU$5.56
+0.18%
Aug 16, 2023
AU$4.46
AU$4.50
+0.81%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Yancoal Australia Ltd. (AU:YAL) report earnings?
Yancoal Australia Ltd. (AU:YAL) is schdueled to report earning on Jan 20, 2025, TBA Not Confirmed.
What is Yancoal Australia Ltd. (AU:YAL) earnings time?
Yancoal Australia Ltd. (AU:YAL) earnings time is at Jan 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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