YZJ FRESH NEW TP BY CGS $5.10 $YZJ Shipbldg SGD (BS6.SG)$ CGS International raises target price for Yangzijiang Shipbuilding to $5.10 The Edge SingaporeWed, Jul 22, 2026 • 11:07 AM GMT+08 • 3 min read
YZJ TSUNEISHI SHIPS BUILDING COMPLETION YTD AS AT 17/7 3X5.9K TEU METHANOL FUEL 1X63K MT BULK $YZJ Shipbldg SGD (BS6.SG)$ YTD: 4 ships completed. Bonus to YZJ on top of 50 ships completed.
0728 GMT - Yangzijiang Shipbuilding's 1H earnings likely grew 8%-10%, buoyed by higher prices and capacity, says DBS Group Research's Pei Hwa Ho in a note. Progressive revenue recognition from its record order book and partial contribution from a new yard should also drive the Singapore-listed shipbuilder's earnings growth, the analyst says. Higher-priced contracts flowing through could boost its margins, she says. The company's stock has corrected around 20% from its March high, which brings its valuations back to attractive levels, she adds. Its dividend yield of around 6%-7% also remains compelling. DBS reiterates its buy rating and 4.55 Singapore dollar target price. Shares fall 1.7% to S$3.55.