$YZJ Shipbldg SGD (BS6.SG)$ Pay attention to the short-term ...

天启玄诀 commented on a stock · Mar 6 10:57

$YZJ Shipbldg SGD (BS6.SG)$ Focus on the short-term price of 2.5; if it breaks through, it will accelerate upward, with a Target Price of 3.37.

1. Driven by performance growth.

YZJ Shipbldg SGD has strong financial performance in 2024, with revenue reaching 26.5 billion yuan (+10.1%), and Net income of 6.6 billion yuan (+61.7%), with the core shipbuilding Sector contributing 95% of revenue. New Orders of 126 Ships (worth 14.6 billion dollars) and a backlog scheduled to 2030 demonstrate long-term Business stability. Additionally, the company's technological breakthroughs in the green ship field (such as VLAC, VLEC, etc.) and the increase in Order proportion (84% being clean energy ship types) further solidified its position in the Industry.

2. **Target Price Analysis**
According to Futu data, Analysts have an average Target Price of **3.37 Singapore dollars** for YZJ Shipbldg SGD, with a high of 3.92 and a low of 2.30. The current stock price (reported at 2.39 on March 6, 2025) has approximately 41% potential upside remaining to the average Target Price. This forecast is based on the company's Order growth, green transformation, and the recovery of Global shipbuilding demand (such as LPG Ship Orders reaching new highs for two consecutive years) which is Bullish.

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