365 views

Yangzijiang’s new-order wins may not be enough to increase share price

This is due to the firm’s full yard capacity.

Despite timely delivery and new-order wins, Yangzijiang Shipbuilding’s share price will remain unchanged, according to analyst UOBKayHian.

It said Yangzijiang’s new order wins will not necessarily lead to earnings until at least 2024.

“After its strong share price performance, the company’s valuations now appear stretched – and with its yard capacity full until at least 2H25, further new-order wins may not drive Yangzijiang Shipbuilding’s share price higher,” read the brokerage report.

UOBKayHian then downgraded the firm’s rating to HOLD, with a fair value of $1.55.

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Top News

Singapore, Sweden deepen clean-energy cooperation
The partnership will focus on hydrogen, ammonia, regional power links and high-voltage transmission technologies.

Exclusives

Singapore opens door to foreign stablecoins under tighter rules
Banks may need separate companies to issue stablecoins under the proposed framework.
Singapore's most notable architecture professionals under 40 of 2026
The honourees span five firms, with women in the majority and a combined portfolio that includes a $960m hospital campus.