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Yangzijiang Shipbuilding (Holding)
Broker's Calls
CGSI sees possible dip in Yangzijiang Shipbuilding's FY2025 margins due to shift in delivery mix
Yangzijiang Shipbuilding has guided for a higher FY2025 order win target of over US$4.5 billion due to the planned capacity addition in Xinqiao Park.
15 days ago
Broker's Calls
CGSI and DBS expect Yangzijiang Shipbuilding to post strong 2HFY2024 net profit
Yangzijiang's ytd order win of US$11.64 billion is largely in-line with the CGSI analysts' forecast of US$11.3 billion for 2024.
20 days ago
Results
Yangzijiang Shipbuilding reports record high order book of US$22.14 bil in 9MFY2024
The group also exceeded its FY2024 order win target by 259%, having secured an additional US$7.14 billion as at Nov 7.
21 days ago
Company in the news
Yangzijiang Shipbuilding added to MSCI Singapore Index
Shares in Yangziijang closed at $2.55 on Nov 6, 65.58% higher year to date.
21 days ago
Broker's Calls
Broker's Digest: Yanlord Land Group, Frencken, Yangzijiang, Centurion
See what the analysts say this week.
October 18, 2024
Broker's Calls
DBS maintains 'buy' on Yangzijiang Shipbuilding with TP of $2.88 following announcement on arbitration proceedings
DBS believes that the price dip presents a good buying opportunity.
October 15, 2024
Deals, joint ventures & alliances
Yangzijiang Shipbuilding enters JV to buy 34% stake in Tsuneishi Group’s shipbuilding unit for RMB833.1 mil
Tsuneishi Group Shipbuilding is a wholly owned subsidiary of Tsuneishi Holdings with paid-up capital of US$73.4 million.
September 12, 2024
Results
Yangzijiang Shipbuilding reports record-high earnings of RMB3.06 bil for 1HFY2024, 77% higher y-o-y
Revenue rose by 15.3% y-o-y to RMB13.05 billion due to higher shipbuilding activities and better shipping charter rates.
August 12, 2024
Broker's Calls
Analysts positive on Yangzijiang Shipbuilding after new yard investment announcement
CGS, Citi and DBS analysts have all kept their “buy” and “add” calls, and DBS raised its TP to $2.75.
July 16, 2024
Company in the news
Yangzijiang Shipbuilding working to acquire over 866,671 sqm of land for new clean energy ship manufacturing base
The group plans to invest RMB 3 billion in capital in liquid natural gas and other clean energy vessels over the next 2 years.
July 15, 2024