Yangzijiang Shipbuilding

Broker's Calls

Analysts up Yangzijiang Shipbuilding’s TP after 1HFY2024 earnings beat estimates

DBS and Citi's target prices were raised to $2.88 and $3.14 respectively.

Broker's Calls

CGSI lifts Yangzijiang Shipbuilding’s TP to $2.50 on higher margin expectations

The analysts believe the company will be able to operate at high margins well into 2H2025.
MSCI Singapore index’s uptrend likely to stay intact in next few months: CGS International  - THE EDGE SINGAPORE

Broker's Calls

MSCI Singapore index’s uptrend likely to stay intact in next few months: CGS International

The communications and retail sectors were Singapore’s brightest spots in the month

Broker's Calls

UOB Kay Hian raises Yangzijiang Shipbuilding's target price to $2.86

Loh believes YZJ has the potential to increase its dividends
A reset, reboot and revalue from MSCI's 'killer blow' - THE EDGE SINGAPORE

Global Markets

A reset, reboot and revalue from MSCI's 'killer blow'

Many SGX companies have undergone structural transformation and the results are showing up in their share prices
T Rowe Price trims stake in Yangzijiang Shipbuilding on record earnings and ahead of US petition - THE EDGE SINGAPORE

Insider moves

T Rowe Price trims stake in Yangzijiang Shipbuilding on record earnings and ahead of US petition

DBS does not expect a material impact on key Chinese shipyards in the near to medium term
Biden says US to review union petition on China shipbuilding - THE EDGE SINGAPORE

US-China trade war

Biden eyes Chinese shipbuilding subsidies as tensions simmer

Biden’s post was in response to a petition from five unions urging for action to be taken to address 'non-market policies'

Results

Yangzijiang Shipbuilding reports record earnings despite delivering fewer vessels

The company plans to increase its dividend to 6.5 cents from 5 cents

Broker's Calls

CGS-CIMB maintains 'add' call on Yangzijiang, seen sailing towards record FY2023

The latest contract win brings Yangzijiang's order book to US$15.8 billion

Broker's Calls

DBS reiterates 'buy' call on Yangzijiang following new orders likely worth US$1 billion

Yangzijiang's expansion of capacity could be a reason for earnings upgrade
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