Yankuang Energy Group (OTCMKTS:YZCAY) Issues Quarterly Earnings Results, Misses Expectations By $0.37 EPS

Yankuang Energy Group (OTCMKTS:YZCAY) issued its earnings results on Monday. The energy company reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.37), Zacks reports. The business had revenue of $10.45 billion during the quarter, compared to analyst estimates of $6.45 billion.

Yankuang Energy Group Price Performance

Shares of OTCMKTS YZCAY opened at $17.79 on Wednesday. The firm has a market capitalization of $17.21 billion, a P/E ratio of 10.05 and a beta of 0.13. The firm’s 50-day moving average price is $15.25 and its 200-day moving average price is $17.39. The company has a current ratio of 0.85, a quick ratio of 0.80 and a debt-to-equity ratio of 0.47. Yankuang Energy Group has a 1-year low of $11.56 and a 1-year high of $21.63.

Wall Street Analysts Forecast Growth

Separately, Zacks Research downgraded shares of Yankuang Energy Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.

About Yankuang Energy Group

Yankuang Energy Group Co, Ltd. is a state-owned enterprise based in Jining, Shandong Province, China, primarily engaged in coal mining and comprehensive energy services. As one of the largest coal producers in Shandong, the company’s core operations include the exploration, extraction and processing of thermal and coking coal. In addition to its traditional coal business, Yankuang Energy Group has extended its operations into coal chemical production, power generation and related engineering services to support China’s broader energy transition.

The company’s coal chemical segment produces a range of downstream products, including methanol, ammonia, fertilizers and other industrial chemicals derived from coal gasification processes.