Should I buy YZJ stock in 2025?

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At HelloSafe, our expert has been monitoring the performance of YZJ for more than three years. Every month, hundreds of thousands of users in Singapore rely on us to interpret market trends and pinpoint the top investment opportunities. Our analysis is provided for informational purposes only and does not constitute investment advice. In line with our ethical charter, we have never been, and will never be, compensated by YZJ.

What is YZJ?

How much is YZJ stock?

The price of YZJ stock is falling this week. As of today, YZJ trades at S$2.12, down S$0.01 (-0.47%) over the past 24 hours and showing a weekly decline. With a market capitalisation of S$8.40 billion and an average three-month trading volume of approximately 12.5 million shares, YZJ stands out in the Singapore market.

The stock’s P/E ratio is 7.10, offering a solid dividend yield of 5.63% and a stock beta of 1.02, indicating moderate market volatility. Investors may find YZJ appealing for its blend of stability and income potential, though recent price movement highlights the importance of monitoring broader sector trends.

Our full analysis on YZJ stock

We have meticulously reviewed Yangzijiang Shipbuilding’s (YZJ, SGX: BS6) most recent financial results alongside its equity performance over the past three years, synthesizing rigorous financial indicators, technical market signals, peer comparisons and external market intelligence through our proprietary research algorithms. This multifaceted approach reveals a resilient enterprise with robust growth drivers and compelling valuation metrics. The central question guiding our analysis: Could YZJ stock once again represent a strategic gateway into the global shipbuilding and maritime technology sector as we move into 2025?

Recent Performance and Market Context

Stock Price Dynamics

YZJ currently trades at S$2.12 (as of May 9, 2025), representing a healthy rebound from its 52-week low of S$1.71, while still below its S$3.32 recent high. Market capitalization stands at S$8.4 billion, confirming YZJ’s presence as a heavyweight within the Straits Times Index. Notably, the stock delivered total returns of 108.3% in 2024, outpacing nearly every Straits Times Index constituent.

Throughout the last three years, YZJ’s price action has reflected an upward secular trend punctuated by episodes of volatility, common in the cyclical shipbuilding industry. The recent retracement from its peak, paired with a return to strength above the 20-day EMA, suggests the formation of a potential mid-cycle technical base.

Positive Catalysts in 2024–2025

• Record-Breaking Orders: In 2024, YZJ announced US$14.3 billion in new orders, the largest in its history, swelling its order book to US$24.4 billion through 2030.
• MSCI Singapore Index Inclusion: The November 2024 inclusion significantly broadened global institutional visibility, amplifying both liquidity and investor interest.
• Dividend Upside: An 84.6% year-on-year jump in the FY2024 dividend highlights robust earnings and disciplined capital return.
• Strategic Partnerships and Expansion: Recent acquisition of a 34% stake in a Tsuneishi Group shipbuilding unit and new yard development at Xinqiao Park (expected 2026) create future growth levers.

Favorable Sector and Macroeconomic Setting

Global demand for decarbonized, eco-friendly vessels—buoyed by IMO regulatory pressures—is fueling fleet renewals and elevating newbuild pricing power. With supply chain normalization and lower steel costs (down 9% in 2024), operating leverage is improving, directly benefiting YZJ’s profits.

This supportive macro backdrop, combined with YZJ’s operational momentum, positions the stock at an opportune juncture, with timing that appears increasingly favorable for strategic entry.

Technical Analysis

Key Indicator Readings

• Moving Averages:
• 20-day EMA: S$2.09 (current price above, a short-term bullish signal)
• 50/100/200-day EMA: S$2.20/S$2.32/S$2.32 (current price below, signaling caution in medium/long term)
• Oscillators:
• RSI (14): 51.85 (neutral and poised for an upturn)
• MACD: -0.01 (marginally bearish, but near a potential cross)
• CCI: 35.33 (neutral)
• Williams %R: -64.86 (edges towards oversold, hinting at rebound risk)

Support and Reversal Structure

• Support: Strong technical support is observed at S$2.05, correlating to the price’s consolidation zone and its 20-day EMA.
• Momentum: While the medium-term trend remains cautious, near-term momentum is shifting positive due to solid volume and gradually improving breadth.
• Reversal Potential: Should price break convincingly above the 50-day EMA, it could trigger systematic buying, confirming the start of a new bullish phase in YZJ shares.

In sum, YZJ displays technical characteristics indicative of an ideal medium-term accumulation zone—a profile that historically precedes extended rallies in similar cyclical equities.

Fundamental Analysis

Outstanding Financial Performance

• Revenue: FY2024 revenue surged 10.1% to RMB 26.5 billion (S$4.9 billion).
• Net Profit: Soared 61.7% to RMB 6.63 billion, yielding healthy margins.
• Return on Equity: 27.92%—notably superior to Chinese peers’ sector average of 4%.
• Earnings Per Share: RMB 167.91 cents, fully underpinning the elevated dividend.
• Gross Margin Expansion: At 28.7%, a 6.3 percentage point improvement, buoyed by:
• Higher ship newbuild prices
• Attractive charter rates
• Lower raw material input costs, particularly steel

Valuation Attractiveness

These multiples—substantially below both regional and global shipbuilding comparables—position YZJ as a strong value candidate. When juxtaposed with robust earnings growth and future visibility, this supports a buy-side tilt.

Strategic Strengths

• Dominance in Eco-friendly Vessels: 74% of the US$24.4 billion order book is for eco-vessels, up from 54% the prior year.
• Vertical Integration: Shipbuilding and shipping operations reinforce cash flows and yield operational synergies.
• Innovation Drive: Early awards in high-end VLAC and VLEC ship classes demonstrate a successful move acutely up the value chain.
• Financial Strength: With a debt-to-equity of 25.78% and ample cash, YZJ is structurally resilient—well-placed to capitalize on future market shifts.

Dividend Profile

• Yield: 5.63%, outpacing local and global peers in the sector.
• Payout Ratio: 38.6%, indicating discipline and sustainability, with ample room for incremental growth in payout.
• Dividend Momentum: An 84.6% spike in 2024 signals exceptional confidence from management.

All considered, these fundamentals justify renewed interest in YZJ and frame it as an undervalued leader with sector-beating profitability and capital return.

Volume and Liquidity

Trading Volume Trends

• Trading volumes have demonstrated sustained elevation ever since YZJ’s inclusion in the MSCI Singapore Index. This heightened institutional flow underscores appetite and market confidence—helping limit illiquidity risk and smoothing trade execution for both retail and portfolio managers.
• The recent price volatility has been met with robust turnover, a sign that market participants are actively building positions at current levels.

Free Float and Dynamic Repricing

The stock’s sizable free float ensures dynamic price discovery and responsiveness to catalysts—factors highly favorable for new investors seeking to enter or scale positions without distorting the order book.

YZJ’s liquidity profile thus removes a significant entry barrier and is indicative of continued investor confidence.

Catalysts and Positive Outlook

Key Forward Catalysts

• Capacity Expansion: The Xinqiao Park yard, operational from 2026, adds substantial throughput and margin-enhancing potential.
• Strategic M&A: Integration of the newly acquired Tsuneishi Group stake and the successful joint venture (YAMIC) are set to open up technologically advanced newbuild markets.
• Green Transition: Demand for decarbonized maritime assets only becomes more urgent with each new IMO regulatory milestone. YZJ’s leadership here both raises pricing power and widens market share.
• Dividend Growth Trajectory: Continuous earnings strength and prudent payout policy hint at further upside for yield-focused investors.
• MSCI & Index Membership: Broadened global investor coverage and potential for increased passive inflows create a second-order boost for valuation.

Sector Tailwinds

The global shipping upcycle, driven by trade normalization, re-shoring trends, and urgent fleet renewals, continues to lift the entire maritime technology space. Regulatory support (IMO, EU Fit for 55), further cements the sector’s expansion prospects, with YZJ at the heart of these transformations.

With these catalysts in play, YZJ’s upward context is notably constructive.

Investment Strategies

Short-term

• The stock’s technical structure—trading above the 20-day EMA with momentum turning upward—suggests potential for a tactical bounce, particularly if the price closes above the 50-day EMA.
• Upcoming dividend payouts offer near-term income and provide a short-term yield catalyst.

Medium-term

• Record order wins (US$14.3 billion in 2024) and an expanding eco-vessel market provide visibility on revenue and margin expansion through FY2026 and beyond.
• Capacity growth and index inclusion present compelling reasons for medium-term portfolio rebalancing in favour of YZJ, especially as macro risks moderate.

Long-term

• The combination of a massive multi-year order book locked in until 2030, global leadership in eco-vessel production, and demonstrated earnings resiliency creates a robust structural runway for value creation.
• Low leverage and strategic opportunism in M&A ensure ongoing flexibility to capture new areas of growth as the sector evolves.

Positioning Rationale

• Current share price consolidates near multi-quarter supports, representing an ideal technical low versus historic averages and offering a favorable risk/reward profile.
• Entry now may thus place investors at the forefront of the next sector rotation and ahead of critical catalysts emanating from new yard expansion, further dividend hikes, and anticipated regulatory tailwinds.

Is It the Right Time to Buy YZJ?

Summary of Key Strengths

• Large, diversified order book with 74% in eco-friendly ships ensures extended revenue visibility and earnings power through 2030.
• Robust profitability and sector-leading ROE (27.92%) firmly differentiate YZJ from its global and local peers.
• Very attractive valuation multiples (P/E 7.10; forward P/E 6.66) coupled with a substantial 5.63% yield provide a strong margin of safety.
• Strategic expansion, technological innovation, and low financial leverage underpin YZJ’s sustainable growth prospects.
• Exceptional trading liquidity and recent index inclusion confirm YZJ as a core focus for institutional and private investors alike.

Optimistic Outlook and Strategic Opportunity

Given the confluence of robust financials, attractive dividend dynamics, substantial sector tailwinds, and its unique market position, YZJ seems to represent an excellent opportunity for investors seeking both growth and dependable yield in Singapore’s vibrant equities landscape. With medium-term technicals showing the formation of a strong base, ongoing catalysts on the horizon, and industry fundamentals continuing to strengthen, YZJ stock may well be entering a new bullish phase in 2025—a point at which renewed consideration for portfolio inclusion is not just justified, but strongly supported by the evidence.

For those seeking a compelling combination of value, growth and yield, YZJ now stands out as one of the Singapore Exchange’s most strategically placed candidates to capture the next wave in global maritime innovation and sustainability.

How to buy YZJ stock in Singapore?

Buying shares of Yangzijiang Shipbuilding (YZJ), a leading company on the Singapore Exchange, has become straightforward and secure for investors in Singapore thanks to regulated online brokers. You can choose between two main ways to gain exposure: directly purchasing YZJ shares (known as spot or cash buying), or trading Contracts for Difference (CFDs) that track YZJ’s price. Both options can be managed conveniently through online platforms, each offering distinct features that suit different investor profiles. To help you select the most cost-effective and suitable provider, you’ll find a detailed broker comparison further down the page.

Spot buying

A cash or spot purchase means buying actual YZJ shares on the Singapore Exchange (SGX: BS6.SI), making you a direct owner with rights to dividends and voting. This method is ideal for investors aiming to hold shares for the medium- or long-term and to benefit from YZJ’s strong dividend yield (5.63%). Most Singaporean brokers charge a flat commission per order, typically ranging from S$5 to S$25, depending on the platform.

Example

Suppose the current YZJ share price is S$2.12. With a S$1,000 investment and a brokerage fee of around S$5, you can purchase approximately 469 shares (S$1,000 – S$5 fee = S$995; S$995 ÷ S$2.12 ≈ 469 shares).

Gain scenario: If YZJ’s share price rises by 10%, your shares are now worth about S$1,100.
Result: +S$100 gross gain, or +10% on your initial investment.

Trading via CFD

CFD (Contract for Difference) trading lets you speculate on YZJ’s price movements without owning the underlying shares. This method allows you to use leverage—amplifying both gains and losses—and is suitable for more active or risk-tolerant traders. Rather than paying a fixed commission, brokers typically charge a spread (the difference between buy and sell price) and, if you hold positions overnight, daily financing fees.

Example

You open a CFD position on YZJ shares with a S$1,000 margin and employ 5x leverage, giving you market exposure of S$5,000.

Gain scenario: If YZJ’s share price rises by 8%, the value of your position increases by 8% × 5 = 40%.
Result: +S$400 gain on your S$1,000 margin (excluding spread and overnight financing costs).

Final advice

Before investing, it’s crucial to compare the fees, trading conditions, and support offered by different regulated brokers to find the best fit for your strategy—whether you are seeking the stability of cash buying or the flexibility of CFDs. Each method suits different goals and risk profiles: cash buying is suited for long-term investors who value dividends and ownership, while CFDs can offer greater flexibility and leverage for more active traders. To help with your decision, a comprehensive broker comparator is available further down the page.

Our 7 tips for buying YZJ stock

The latest news about YZJ

Yangzijiang Shipbuilding reports record FY2024 financial results, with net profit up 61.7% year-on-year.
Driven by higher vessel prices, stronger charter rates, and lower raw material costs, the company delivered a robust performance, registering RMB 6.63 billion in net profit and a 28.7% gross profit margin—substantially above peers. Singapore-based investors benefit directly from these results, with Yangzijiang being a Straits Times Index component stock and a key presence on the Singapore Exchange. The group has also announced an 84.6% year-on-year rise in its final dividend, translating to a yield of 5.63%, underlining its commitment to shareholder returns.

Inclusion into MSCI Singapore Index boosts YZJ’s profile among global institutional investors.
On November 25, 2024, Yangzijiang Shipbuilding was officially incorporated into the MSCI Singapore Index, a move which significantly widened its exposure to international capital inflows and passive fund tracking. This shift has reinforced YZJ's status within Singapore’s financial ecosystem, attracting a broader base of institutional participants and enhancing the liquidity of its shares on the local bourse.

Order book reaches historical high with US$24.4 billion secured, 74% for eco-friendly vessels.
Yangzijiang’s outstanding order book value, now covering deliveries through 2030, includes a sharp increase in demand for eco-friendly ships—an area of particular relevance given Asia’s push for maritime decarbonization and compliance with IMO directives. Notably, a record US$14.3 billion in new orders was clinched in 2024, with 74% of the order book now focused on green vessels, positioning the company as a leading player in the maritime transition both regionally and globally.

Strategic expansion and partnerships support long-term growth and technological leadership.
The group completed the acquisition of a 34% stake in Tsuneishi Shipbuilding’s key unit in March 2025, which brings technological synergies and market reach into higher-end vessel segments, including very large ethane and ammonia carriers. Furthermore, Yangzijiang’s capacity expansion in China’s Xinqiao Park remains underway, ensuring the company will keep pace with the escalating regional and global demand emanating from Singapore’s pivotal maritime hub.

Technical and market signals indicate short-term strength, but medium-term caution persists.
While the stock recently traded above its 20-day moving average, hinting at near-term resilience, it is still positioned beneath its 50-, 100-, and 200-day averages, which suggests continued medium-term uncertainty. The RSI stands neutral at 51.85, and overall momentum remains subdued, indicating investors in Singapore should closely monitor both technical patterns and macro-market signals, especially as trade policy risks—such as US tariffs on China-linked shipping—remain a background risk to order continuity.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.