BS6.SI
SGX50SESYangzijiang Shipbuilding (Holdings) Ltd.
Industrials · Aerospace & Defense · China
Yangzijiang Shipbuilding (Holdings) Ltd., an investment holding company, engages in shipbuilding activities in the Greater China, Canada, Japan, Italy, Greece, France, Bulgaria, United Kingdom, Singapore, Denmark, Switzerland, and internationally. It operates through Shipbuilding, Shipping, and Others segments. The company offers commercial vessels, such as containerships, multipurpose vessels, oil tankers, bulk carriers, LNG vessels, and other gas carriers. It is also involved in the provision of ship repairing services; production and processing of large-scale steel structures; ship design services; owns and operates a tank terminal; tank related services; and property development. Yangzijiang Shipbuilding (Holdings) Ltd. was founded in 1956 and is based in Jingjiang, China.
www.yzjship.com ↗Shares trade at a low 8.5× trailing earnings, easing to 6.9× on forward estimates. Profitability shows a net margin of 30.3% and return on equity of 29.4%. Leverage is modest at -1.5× net debt/EBITDA. Revenue grew 15.8% year-on-year. It yields 5.6% in dividends. The mean analyst target of SGD4.45 sits 24.9% above the current price (Buy, 12 analysts).
business model
Yangzijiang Shipbuilding is a large privately controlled Chinese shipbuilder listed in Singapore, constructing commercial vessels at yards along the Yangtze River. Following the 2022 spin-off of its investment/financial arm (Yangzijiang Financial Holding), it is now a focused pure-play shipbuilder reporting in RMB-denominated operations with SGD listing.
revenue segments
Its revenue comes from building containerships, bulk carriers, tankers and increasingly clean-energy vessels such as LNG dual-fuel and LNG carriers, supplemented by ship design and related services. It carries a large multi-year order book weighted toward higher-value green vessels.
key dependencies
It depends on the global shipping newbuild cycle, order intake and pricing, steel and input costs, RMB/USD exchange rates (contracts are largely USD while costs are RMB), and yard capacity and delivery execution. Environmental regulation is driving demand for cleaner vessels.
competitors
Competitors include Chinese state-owned yards (CSSC group), South Korean builders (HD Hyundai, Samsung Heavy, Hanwha Ocean), and other Chinese private and Japanese shipbuilders.
moat
Its moat comes from cost competitiveness, a substantial order backlog, strong operational execution and margins relative to peers, and expanding capability in higher-value dual-fuel and LNG vessels.
risks
Risks include shipbuilding-cycle downturns, competition from larger state-owned yards, steel-cost and RMB appreciation squeezing USD-priced margins, order cancellations, and geopolitical/trade tensions affecting Chinese exporters.
Financials & metrics
as of 04 Jul 2026Price is around the middle of its range. Green = nearer the yearly low, red = nearer the high — a position indicator, not a buy/sell signal.
Tap any metric for an explanation.● provider● computedN/A not available from source
Income-statement history isn't available for this security.
Dividends
This company does not currently pay a dividend.
Analyst assessment
as of 04 Jul 2026Aggregate consensus only. Named per-analyst targets require a premium source and are not shown; the data model is ready to hold them if one is added.