Yangzijiang Shipbuilding (Holdings) Ltd. (YSHLF)
InfravaloradaFundamental
72
Precio
$5.07
Capitalización Bursátil
$20.62B
Parte 1 · Cuánto vale la empresa
Resumen
Yangzijiang Shipbuilding builds large commercial ships — container ships, bulk carriers, oil tankers and gas carriers — at four shipyards along the Yangtze River in Jiangsu, China. Shipowners from around the world, mostly in Europe and North America, place orders years in advance and pay in installments as the vessel is built; Yangzijiang delivers a physical, multi-million-dollar asset at the end rather than a recurring service. It is one of the largest privately owned shipbuilders in China.
Cómo genera ingresos
Revenue is recognized as vessels progress through construction against a fixed orderbook price agreed years earlier, so today's results largely reflect ships priced and contracted long before delivery — 2025 revenue grew mainly because older contracts were signed at higher prices, not because more ships were sold this year. A smaller shipping arm charters bulk carriers, and a residual 'other' line covers terminal services, ship design and trading, adding modestly to the shipbuilding core.
Ingresos por segmento
Construction of containerships, bulk carriers, oil tankers and gas carriers under multi-year contracts with global shipowners.
Charter revenue from a fleet of bulk carriers the Group owns and operates itself.
Terminal services, ship design fees and trading activity, including raw-material sales to an affiliated shipyard.
Qué impulsa la demanda
CíclicoShipbuilding demand follows the global shipping cycle: newbuild orders and prices swing with world trade volumes, fleet age and replacement needs, and even regulatory shifts like new emissions rules that push owners to order cleaner vessels. Tariff announcements in early 2025 already delayed some ordering decisions before momentum picked back up later in the year.
Los argumentos a favor
Buyers argue that a record order backlog worth US$22.4 billion through 2030, expanding gross margins from higher newbuild pricing, and a new shipyard expansion project position Yangzijiang to keep converting its backlog into growing profit for years.
Los argumentos en contra
Sellers fear that shipbuilding is a boom-and-bust industry, that tariff disputes and trade tensions already delayed ordering in early 2025, and that today's high margins reflect a pricing peak that new capacity — including the company's own expansion — could erode over the coming years.
Written by the editors, published on 18 de agosto de 2026
Direct competitors
Who this company fights with for the same customers
No editorial profile for this company yet
No competitor list for this company yet.
Balance y Liquidez
Ingresos
$33.16B
Últimos 12 meses hasta el último trimestre publicado — estimación a partir de métricas por acción
Beneficio Neto
$9.82B
Últimos 12 meses hasta el último trimestre publicado — estimación a partir de métricas por acción
Flujo de Caja Libre
$-828M
Patrimonio Neto Total
$6.33B
Pasivo Total
$4.13B
Ratio de Liquidez
1.66
Cobertura de Intereses
-
Deuda/EBITDA
0.37
Beneficio Por Acción
Ingresos y Beneficio Neto
Flujo de Caja Libre
Desglose de Ingresos
Estado histórico
Márgenes en el tiempo
La deuda en el tiempo
Cuánto pesa la deuda
Cuadro de crecimiento
Crecimiento — Ingresos
Estimación de Valor Justo
Valor Justo
$13.52
Precio Actual
$5.07
Margen de Seguridad
+62.5%
Rango de Valor Justo
$8.78 - $18.25
Dispersión entre los métodos de valoración utilizados, no un intervalo de confianza calibrado estadísticamente.
Métodos de Estimación
Métricas de Valoración
Ratio P/E
2.03
ROE
32.1%
Ratio P/B
0.60
P/FCF
-
Margen Bruto
35.2%
ROIC
83.2%
Radar de Rentabilidad
Creación de Valor (Ventaja Competitiva)
ROIC atípicoROIC
83.2%
WACC
8.0%
ROIC − WACC
+75.2 pp
El ROIC supera el coste del capital: la empresa está creando valor para los accionistas.
Criterios de Análisis Fundamental
Superado (15)
- Price CAGR 28.04%
- ROIC 83.2%
- Gross Margin 35.2%
- P/B Ratio 0.60
- Debt/Equity ratio
- Operating Margin 34.2%
- Current Ratio
- Debt/EBITDA
- Price below Graham Number
- ROE 30.1%
- Revenue Growth 5Y 13.9%
- Analyst Consensus 88% Buy
- Earnings Surprise avg 10.2%
- PEG Ratio 0.39
- Net Margin Trend 30.3% vs 25.0%
Fallido (4)
- Positive Free Cash Flow
- DCF valuation (Unknown)
- Earnings Quality (OCF/NI) 0.60
- Piotroski F-Score 1/9
No disponible (8)
- EPS data insufficient
- P/FCF NaN
- Dividend Payout NaN%
- CapEx intensity
- Interest Coverage
- Return on Tangible Assets
- Low reliance on intangibles
- Share Dilution (missing shares data)
Piotroski F-Score
Preocupaciones financieras graves
Calidad de los Beneficios
Moderada: cierta brecha entre beneficios y efectivo
Dilución de Acciones
Recomprando acciones. Favorable para el accionista
Participaciones institucionales
No hay declaraciones institucionales para esta empresa.
Gobernanza
Equipo Directivo
| Nombre | Cargo | Edad |
|---|---|---|
| Mr. Letian Ren | Executive Chairman & CEO | 43 |
| Mr. Yu Weiping | Co-Founder | - |
| Ren Jinhua | Co-Founder | - |
| Jialu Huang | Co-Founder | - |
| Mr. Qiang Gao | Co-Founder | 61 |
| Zhengshun Cai | Co-Founder | - |
| Mr. Yi Fang Liu | Co-Founder | 78 |
| Lijun Xie | Co-Founder | - |
| Wenzhen Wang | Co-Founder | - |
| Pinhua Su | Co-Founder | - |
Riesgo de Auditoría
4
Riesgo del Consejo
10
Riesgo de Compensación
5
Riesgo de Derechos del Accionista
8
Parte 2 · El precio y el momento de entrar
Esta parte no sirve para saber si la empresa vale: sirve para elegir cuándo comprarla, una vez que los fundamentales te han convencido. Dentro: análisis técnico, potencial, caídas históricas, exposición gamma.
Latest News
Recent headlines for YSHLF, sourced from Markets Gazette.