As of Nov 7, Yangzijiang’s order book stood at US$22.1 billion, or 224 vessels.
The analysts at CGS International (CGSI) and DBS Group Research are keeping their “add” and “buy” calls at unhanged target prices of $3.20 and $2.88 respectively on Yangzijiang Shipbuilding following the company’s 9MFY2024 ended Sept update.
In the 3QFY2024, the company announced that it has secured US$11.64 billion ($15.38 billion) of new orders year-to-date (ytd), implying an around US$3.14 billion clinched from September to November.
