Yangzijiang Shipbuilding - UOB Kay Hian 2023-01-10: Upgrading To BUY As Risk-Reward Looks Attractive

• Yangzijiang Shipbuilding’s stellar share price performance since the demerger of its debt investments arm in Apr 22 has led to recent profit-taking on the stock.
• With the potential for a doubling of dividends that could be announced at end-Feb 23 plus a potential US$400m new order win on the cards, we upgrade Yangzijiang Shipbuilding to BUY. Target price for Yangzijiang remains unchanged at S$1.55.

Upgrade Yangzijiang to BUY as risk-reward looks attractive.

• - Read this at SGinvestors.io -
• - Read this at SGinvestors.io -

Potential for higher-than-expected dividends.

• Read more at SGinvestors.io.

Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

Read also UOB's most recent report:
2025-09-04 Yangzijiang Shipbuilding - Incrementally Bullish Orderbook Update.

Previous report by UOB:
2025-08-07 Yangzijiang Shipbuilding 1H25 - A Margin Machine ~ Delivering Profits Despite Headwinds.

Price targets by other brokers at Yangzijiang Target Prices.

Listing of research reports at Yangzijiang Analyst Reports.

Relevant links:
Yangzijiang Share Price History,
Yangzijiang Announcements,
Yangzijiang Dividend Payout Dates & Corporate Actions,
Yangzijiang News