Earnings Alerts

Yangzijiang Shipbuilding (YZJSGD) Earnings Soar with 1H Revenue of 13.05B Yuan, 27% Gross Profit Margin

  • Yangzijiang Shipbuilding‘s revenue for the first half of 2024 reached 13.05 billion yuan.
  • The company’s gross profit was 3.48 billion yuan.
  • Gross profit margin stood at 27%.
  • Financial analysts have shown strong confidence in Yangzijiang Shipbuilding with:
    • 7 buy ratings
    • 0 hold ratings
    • 0 sell ratings

Yangzijiang Shipbuilding on Smartkarma



Analyst coverage of Yangzijiang Shipbuilding on Smartkarma has been positive, with Brian Freitas publishing a bullish report titled “Yangzijiang Shipbuilding (YZJSGD SP): Cheaper than Peers with Index Inclusion Kicker.” Freitas highlighted that the stock has experienced a significant increase in value, potentially leading to its inclusion in global passive portfolios. Despite the recent rally, Yangzijiang Shipbuilding still trades at a lower valuation compared to its peers.

The report suggests that there is likely to be increased positioning in the stock in anticipation of the index inclusion event. Freitas points out that although Yangzijiang Shipbuilding has seen impressive gains in the past month, there could be further upside potential. Overall, the analysis indicates a favorable outlook for Yangzijiang Shipbuilding amidst positive market sentiment.



A look at Yangzijiang Shipbuilding Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience5
Momentum5
OVERALL SMART SCORE4.2

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 constructing various types of ships, has received positive Smartkarma Smart Scores across different categories. With high scores in Resilience and Momentum, the company appears to be well-positioned for long-term success. The strong momentum indicates a positive trend in the company’s stock performance, while the high resilience score implies its ability to withstand economic challenges and navigate market uncertainties. Additionally, Yangzijiang Shipbuilding has scored well in Dividend and Growth, showcasing its commitment to rewarding shareholders and potential for future expansion. Although the Value score is not the highest, the overall outlook for Yangzijiang Shipbuilding seems favorable based on the Smart Scores.

In summary, Yangzijiang Shipbuilding is a company that specializes in constructing a diverse range of ships, including commercial vessels, cargo vessels, container ships, and offshore supply vessels. With solid ratings in Dividend, Growth, Resilience, and Momentum, the company demonstrates a strong foundation for sustained growth and profitability in the industry. Investors may find Yangzijiang Shipbuilding attractive considering its positive Smart Scores and its established reputation in the shipbuilding sector.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars