- Yangzijiang Shipbuilding‘s 1H revenue decreased slightly by 1.3% to 12.88 billion yuan compared to the previous year.
- Net income saw a significant increase of 37% year-over-year, reaching 4.18 billion yuan.
- The company’s gross profit rose by 28% year-over-year, totaling 4.45 billion yuan.
- Gross profit margin improved to 34.5%, up from 26.7% in the prior year.
- Yangzijiang Shipbuilding holds an outstanding orderbook valued at $23.2 billion, scheduled for delivery progressively through 2029 and beyond.
- The group is optimistic about securing new business to fill remaining delivery slots for 2028 and 2029, primarily for small to mid-sized vessels.
- The construction of the Hongyuan yard is on schedule, with completion expected by the end of 2026 and the first vessel delivery anticipated in 2027.
- Regarding market sentiment, the company has received 9 buy ratings, 0 hold ratings, and 1 sell rating.
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Yangzijiang Shipbuilding on Smartkarma
Independent analyst David Blennerhassett recently covered Yangzijiang Shipbuilding on Smartkarma with a bearish outlook in the report titled “Yangzijiang Shipbuilding (YZJSGD SP) Rolls Over As The US Seeks To Curb China’s Shipping Dominance”. The analysis delves into the impact of the United States Trade Representative’s proposed fees and shipping restrictions on Chinese vessels, which has led to a 16% decline in the stock price of non-SOE Yangzijiang Shipbuilding.
The USTR’s proposed measures, including port entrance fees of up to US$1 million per vessel for Chinese transport operators, could significantly hinder the company’s export prospects. While these fees are still in the preliminary stage and could be used as a negotiating tactic, the potential implications on Yangzijiang Shipbuilding‘s business highlight the uncertainties surrounding the company’s future performance in light of geopolitical tensions.
A look at Yangzijiang Shipbuilding Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 5 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 4.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Yangzijiang Shipbuilding (Holdings) Limited, a company known for building a variety of ships, has received encouraging Smart Score ratings across key factors. With a strong focus on value, the company has been given a high score, indicating good investment potential in terms of valuation. Additionally, Yangzijiang excels in dividend, growth, resilience, and momentum, with top scores highlighting its commitment to rewarding shareholders, solid growth prospects, operational strength, and market momentum.
In summary, Yangzijiang Shipbuilding stands out in the industry for its diverse production of commercial vessels, mini bulk carriers, cargo vessels, chemical tankers, and more. Supported by impressive Smart Scores in key areas, including a notable emphasis on dividends and growth, the company’s long-term outlook appears positive, reflecting a well-rounded performance across various financial and operational metrics.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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