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Bowen Coking Coal Ltd (AU:BCB)
:BCB
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Bowen Coking Coal Ltd (BCB) AI Stock Analysis

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AU

Bowen Coking Coal Ltd

(Sydney:BCB)

Rating:39Underperform
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 (BCB) vs. iShares MSCI Australia ETF (EWA)

Bowen Coking Coal Ltd Business Overview & Revenue Model

Company DescriptionBowen 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 MoneyBowen Coking Coal Ltd generates revenue through the development and sale of coking coal, which is a critical component in steel production. The company operates various coal projects and mines, from which it extracts and processes coal to meet industry specifications. Revenue streams primarily include the direct sale of coal to steel manufacturers and other industrial clients. Additionally, Bowen Coking Coal may engage in strategic partnerships and joint ventures to enhance its production capabilities and market reach, contributing to its overall earnings. The company's financial performance is also influenced by global coal prices, demand for steel, and operational efficiencies in mining and logistics.

Bowen Coking Coal Ltd Financial Statement Overview

Summary
Bowen Coking Coal Ltd has demonstrated strong revenue growth, but persistent operational losses and negative margins overshadow this progress. The high leverage and low equity position pose financial risks, and ongoing negative cash flows suggest difficulty in sustaining operations without external financing.
Income Statement
40
Negative
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
45
Neutral
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
35
Negative
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.
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue410.13M441.86M204.47M11.86M0.00120.84K
Gross Profit80.14M5.17M-85.81M-11.38M-25.71K120.84K
EBITDA36.80M-19.77M-125.03M-16.96M-3.13M-2.18M
Net Income-39.08M-95.46M-162.94M-18.30M-3.22M-2.06M
Balance Sheet
Total Assets359.72M335.52M407.80M172.70M16.29M11.70M
Cash, Cash Equivalents and Short-Term Investments54.40M21.69M48.94M72.52M3.00M2.39M
Total Debt130.22M158.89M159.27M54.63M129.53K0.00
Total Liabilities284.69M325.75M372.75M102.47M1.34M1.22M
Stockholders Equity75.03M9.77M35.05M70.24M14.95M10.48M
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 Flow26.84M53.62M181.64M121.16M6.67M3.45M

Bowen Coking Coal Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
62
Neutral
$10.36B10.180.09%2.81%2.25%-33.44%
AUBCB
39
Underperform
AU$10.34M-67.55%-4.19%84.70%
AUJAL
38
Underperform
AU$40.42M-2.89%50.00%
AUNCR
38
Underperform
AU$3.07M-12.38%33.33%
AUAQC
16
Underperform
AU$10.51M-995.57%-487.06%
$21.20M
AUREY
33
Underperform
AU$5.92M-69.70%-308.85%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:BCB
Bowen Coking Coal Ltd
0.10
-4.90
-98.00%
AU:AQC
Australian Pacific Coal
0.02
-0.07
-77.78%
CKALF
Cokal
0.06
0.00
0.00%
AU:JAL
Jameson Resources Limited
0.06
0.00
0.00%
AU:REY
Rey Resources Ltd
0.03
-0.03
-50.00%
AU:NCR
NuCoal Resources Limited
0.01
0.00
0.00%

Bowen Coking Coal Ltd Corporate Events

Bowen Coking Coal Ltd Securities Reinstated on ASX
Jul 14, 2025

Bowen Coking Coal Ltd has announced the reinstatement of its securities to trading on the ASX following the release of a response to an ASX Aware Letter. The company had previously requested a trading halt due to efforts to secure funding in a challenging market environment. The reinstatement indicates compliance with ASX Listing Rules and provides an update on its financial strategies, potentially impacting its operational stability and stakeholder confidence.

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 Addresses ASX Inquiry Amid Operational Challenges
Jul 14, 2025

Bowen Coking Coal Ltd responded to an ASX inquiry regarding its liquidity challenges, working capital requirements, and deteriorating operating margins. The company stated that its liquidity issues and declining margins were already known to the market and thus not expected to materially affect its securities’ value. However, it acknowledged the significance of working capital requirements for its Burton Owner Operator project. Additionally, Bowen Coking Coal confirmed non-compliance with its obligations under a mining services agreement with BUMA Australia Pty Ltd, indicating potential operational and financial challenges.

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 Adjusts Operations Amid Market Challenges
Jul 14, 2025

Bowen Coking Coal Ltd has commenced owner-operator mining at the Burton Mine Complex with reduced production rates due to low coal prices and high costs. The company is focusing on low-cost operations to conserve cash and is exploring strategic funding options to navigate the current market challenges. The transition to an owner-operator model is part of Bowen’s strategy to optimize operations, increase flexibility, and reduce costs, despite the current reduction in production.

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 Departure
Jul 7, 2025

Bowen Coking Coal Limited announced that Michael Chapman has ceased to be a director as of July 3, 2025. The company filed a Final Director’s Interest Notice with the ASX, indicating that Chapman held no relevant interests in securities or contracts at the time of his departure. This change in the board could impact the company’s strategic direction and governance, potentially influencing stakeholder confidence and market perception.

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 Board Resignation
Jul 3, 2025

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
Jun 26, 2025

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
Jun 19, 2025

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
Jun 10, 2025

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
May 9, 2025

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
Apr 30, 2025

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
Apr 28, 2025

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
Apr 22, 2025

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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 24, 2025