Volver a la clasificación

Yangzijiang Shipbuilding (Holdings) Ltd. (YSHLF)

POSITIVE
IndustrialsAerospace & DefenseChina

Fundamental

68

Precio

$4.81

Capitalización Bursátil

-

Parte 1 · Cuánto vale la empresa

Resumen

Yangzijiang Shipbuilding builds large commercial ships — container ships, bulk carriers, oil tankers and gas carriers — at four shipyards along the Yangtze River in Jiangsu, China. Shipowners from around the world, mostly in Europe and North America, place orders years in advance and pay in installments as the vessel is built; Yangzijiang delivers a physical, multi-million-dollar asset at the end rather than a recurring service. It is one of the largest privately owned shipbuilders in China.

Cómo genera ingresos

Revenue is recognized as vessels progress through construction against a fixed orderbook price agreed years earlier, so today's results largely reflect ships priced and contracted long before delivery — 2025 revenue grew mainly because older contracts were signed at higher prices, not because more ships were sold this year. A smaller shipping arm charters bulk carriers, and a residual 'other' line covers terminal services, ship design and trading, adding modestly to the shipbuilding core.

Ingresos por segmento

Shipbuilding94%

Construction of containerships, bulk carriers, oil tankers and gas carriers under multi-year contracts with global shipowners.

Shipping3.9%

Charter revenue from a fleet of bulk carriers the Group owns and operates itself.

Others1.9%

Terminal services, ship design fees and trading activity, including raw-material sales to an affiliated shipyard.

Qué impulsa la demanda

Cíclico

Shipbuilding demand follows the global shipping cycle: newbuild orders and prices swing with world trade volumes, fleet age and replacement needs, and even regulatory shifts like new emissions rules that push owners to order cleaner vessels. Tariff announcements in early 2025 already delayed some ordering decisions before momentum picked back up later in the year.

Los argumentos a favor

Buyers argue that a record order backlog worth US$22.4 billion through 2030, expanding gross margins from higher newbuild pricing, and a new shipyard expansion project position Yangzijiang to keep converting its backlog into growing profit for years.

Los argumentos en contra

Sellers fear that shipbuilding is a boom-and-bust industry, that tariff disputes and trade tensions already delayed ordering in early 2025, and that today's high margins reflect a pricing peak that new capacity — including the company's own expansion — could erode over the coming years.

Datos por segmento del ejercicio fiscal 2025Fuentes: Yangzijiang Shipbuilding (Holdings) Ltd. — FY2025 media release (SGX)

Written by the editors, published on 18 de agosto de 2026

Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

Balance y Liquidez

Ingresos

$28.51B

Beneficio Neto

$8.64B

Flujo de Caja Libre

-

Patrimonio Neto Total

$32.14B

Pasivo Total

-

Ratio de Liquidez

1.66

Cobertura de Intereses

-

Deuda/EBITDA

0.37

Beneficio Por Acción

Ingresos y Beneficio Neto

Flujo de Caja Libre

Desglose de Ingresos

Estado histórico

Márgenes en el tiempo

La deuda en el tiempo

Cuánto pesa la deuda

Cuadro de crecimiento

Crecimiento — Ingresos

Estimación de Valor Justo

Infravalorado

Valor Justo

$11.32

Precio Actual

$4.81

Margen de Seguridad

+57.5%

Rango de Valor Justo

$7.36 - $15.28

Métodos de Estimación

Analyst Target:$5.13
DCF:-
PE-based:$3.30
Graham Growth:$24.20
EPV:$19.76
Consenso de Analistas:Compra Fuerte (13B / 3H / 0S)
Última Sorpresa de Resultados:+21.34%

Métricas de Valoración

Ratio P/E

10.09

ROE

28.8%

Ratio P/B

2.96

P/FCF

-

Margen Bruto

35.2%

ROIC

-

Radar de Rentabilidad

Value Creation (Economic Moat)

ROIC

-

WACC

8.3%

ROIC − WACC

-

Criterios de Análisis Fundamental

Superado (10)

  • Price CAGR 26.77%
  • Gross Margin 35.2%
  • P/B Ratio 2.96
  • Current Ratio
  • Debt/EBITDA
  • ROE 28.8%
  • Revenue Growth 5Y 13.9%
  • Analyst Consensus 81% Buy
  • Earnings Surprise avg 10.2%
  • PEG Ratio 0.41

Fallido (2)

  • DCF valuation (Unknown)
  • Piotroski F-Score 0/9

No disponible (15)

  • EPS data insufficient
  • ROIC NaN%
  • P/FCF NaN
  • Dividend Payout NaN%
  • Debt/Equity ratio
  • Operating Margin NaN%
  • Positive Free Cash Flow
  • CapEx intensity
  • Interest Coverage
  • Return on Tangible Assets
  • Low reliance on intangibles
  • Price below Graham Number
  • Earnings Quality (OCF/Net Income)
  • Share Dilution (need 2+ years)
  • Net Margin Trend (invalid data)

Piotroski F-Score

0/9

Preocupaciones financieras graves

score
criteria

Calidad de los Beneficios

-

Baja calidad: investigue la contabilidad

Dilución de Acciones

-

Recomprando acciones. Favorable para el accionista

Gobernanza

Equipo Directivo

NombreCargoEdad
Mr. Letian RenExecutive Chairman & CEO43
Mr. Yu WeipingCo-Founder-
Ren JinhuaCo-Founder-
Jialu HuangCo-Founder-
Mr. Qiang GaoCo-Founder61
Zhengshun CaiCo-Founder-
Mr. Yi Fang LiuCo-Founder78
Lijun XieCo-Founder-
Wenzhen WangCo-Founder-
Pinhua SuCo-Founder-

Riesgo de Auditoría

5

Riesgo del Consejo

10

Riesgo de Compensación

6

Riesgo de Derechos del Accionista

8

Parte 2 · El precio y el momento de entrar

Esta parte no sirve para saber si la empresa vale: sirve para elegir cuándo comprarla, una vez que los fundamentales te han convencido. Dentro: análisis técnico, potencial, caídas históricas, exposición gamma.

Latest News

Recent headlines for YSHLF, sourced from Markets Gazette.

No recent news for YSHLF.