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Singapore ship-investment and leasing company spun off from a major Chinese shipbuilder, investing in and chartering out vessels.
Singapore ship-investment and leasing company spun off from a major Chinese shipbuilder, investing in and chartering out vessels.
Earns charter hire on ships it owns and interest on ships it finances through leases, so income is contracted for the term and depends on re-chartering when contracts end. It was separated from the shipbuilder Yangzijiang.
In one line: A Singapore ship-investment/leasing company spun off from a major Chinese shipbuilder.
Moat: none (scale). Asset-owning ship investment/leasing business; returns depend on the charter/leasing rate cycle.
Headquarters: Singapore · Founded: 2021
Size Yangzijiang Maritime Development (8YZ.SI) is a Singapore Financials company (Financial Conglomerates) with a market value of $1.59B, the 54th largest of 186 Singapore companies the cockpit tracks. Shares closed at S$0.58 on 6 Nov 2026.
Performance Over six months the shares fell 14.1%, against -0.8% for the median peer and -1.2% for the Singapore market (cap-weighted) — 6th lowest of 21 in its peer set.
Growth Revenue grew 18.3% over the last twelve months (peer median +5.8%); the operating margin is 73.9% (peer median 15.1%).
Valuation It trades at 0.94× book value against a peer median of 0.95× (8th cheapest of 21).
Price implies The share price implies a return on equity of about 3.5%; Yangzijiang Maritime Development delivers 6.9%, so the price asks less than the business earns today.
Next results Next results expected around 1 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | S$199M | S$216M | S$144M | S$48.6M | S$8.32M |
| Revenue growth | — | +50% | +197% | +484% | — |
| Gross profit | S$141M | S$179M | S$117M | S$36.1M | S$8.13M |
| EBITDA | S$159M | S$178M | S$173M | S$37.8M | S$867,390 |
| Net income | S$143M | S$169M | S$182M | S$37.9M | S$46.5M |
| Free cash flow | -S$393M | -S$84.2M | -S$18.5M | -S$22.0M | -S$225M |
| Capital expenditure | S$454M | S$87.5M | S$43.4M | S$131M | S$0 |
| Total debt | n/a | S$0 | S$23.8M | S$0 | S$13.4M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Yangzijiang Maritime Development 8YZ.SI | $1.59B | -14% | +18% | 7% | 0.94× | 3.5% |
| Yangzijiang Shipbuilding (Holdings) BS6.SI | $13.5B | +11% | +26% | 32% | 2.70× | 13.9% |
| Global Ship Lease GSL | $1.41B | -8% | +6% | 21% | 0.72× | 8.0% |
| Costamare CMRE | $1.54B | -28% | -42% | 16% | 0.67× | 8.4% |
| Navios Maritime Partners LP NMM | $2.42B | +14% | +19% | 16% | 0.75× | 8.6% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 8YZ.SI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | 0.0% | +0.9% | 10th lowest of 21 |
| 6-month return | -14.1% | -0.8% | 6th lowest of 21 |
| Return on equity | 6.9% | 7.9% | 9th lowest of 19 |
| Price / book | 0.94× | 0.95× | 8th cheapest of 21 |
| Trailing P/E | 14.2× | 14.1× | 8th most expensive of 16 |
| ROE the price implies | 3.5% | 9.1% | least demanding of 21 |
| ROE delivered | 6.9% | 7.6% | 9th highest of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Yangzijiang Maritime Development 8YZ.SI | Singapore | $1.59B | -14% | +18% | 7% | 0.94× | 3.5% | 6.9% |
| Peugeot Invest PEUG.PA | France | $1.54B | -16% | -101% | 6% | 0.38× | 6.5% | 6.3% |
| Tamburi Investment Partners TIP.MI | Italy | $1.72B | +5% | +353% | 0% | 0.96× | 10.0% | 0.0% |
| LunR Royalties LUNR.TO | Canada | $1.46B | -28% | n/a | n/a | 2.15× | 27.1% | n/a |
| IndiGrid Infrastructure Trust INDIGRID.NS | India | $1.72B | -1% | +52% | 7% | 2.69× | 20.1% | n/a |
| Hyosung 004800.KS | South Korea | $1.42B | -49% | +10% | 14% | 0.79× | 8.3% | n/a |
| Ratos RATO-A.ST | Sweden | $1.38B | +24% | -23% | -2% | 0.89× | 7.1% | -1.6% |
| Storskogen STOR-B.ST | Sweden | $1.97B | +25% | +2% | 5% | 0.88× | 9.0% | 5.3% |
| Viel & Cie VIL.PA | France | $1.25B | -1% | +6% | 23% | 1.88× | 10.2% | 23.1% |
| Georgia Capital CGEO.L | United Kingdom | $2.03B | +20% | n/a | 32% | 0.94× | 10.4% | 31.7% |
| Kinnevik KINV-A.ST | Sweden | $2.04B | +27% | +675% | -23% | 0.72× | 7.6% | -22.9% |
| Next Generation Technology 319A.T | Japan | $1.17B | +55% | +35% | 52% | 17.11× | 156.5% | 52.3% |
| Financiere Moncey FMONC.PA | France | $2.19B | -21% | n/a | 0% | 0.95× | 8.1% | 0.2% |
| Morgan Stanley Direct Lending Fund MSDL | United States | $1.15B | -12% | -15% | 3% | 0.70× | 6.6% | 3.5% |
| Jefferson Capital JCAP | United States | $1.14B | -1% | +73% | 33% | 2.39× | 11.0% | 33.2% |
| Bure Equity BURE.ST | Sweden | $2.30B | +12% | -3% | 22% | 0.88× | 9.2% | 21.8% |
| Hyperliquid Strategies PURR | United States | $2.45B | +104% | n/a | 34% | 0.94× | 18.9% | 33.9% |
| L1 Gold Fund LGF.AX | Australia | $1.02B | +15% | n/a | n/a | 1.26× | 17.9% | n/a |
| International General Insurance IGIC | United States | $1,000M | -7% | +2% | 15% | 1.50× | 8.0% | 15.2% |
| Monex 8698.T | Japan | $980M | -8% | +16% | 9% | 1.19× | 8.4% | 8.8% |
| Zhejiang Provincial New Energy Investment 600032.SS | China | $2.59B | -27% | -6% | 2% | 1.31× | 8.5% | 2.3% |