Yangzijiang Shipbuilding (Holdings) Ltd
HomeAll Profiles
July 1, 2020
Updated on:

Yangzijiang Shipbuilding (Holdings) Ltd

Revenue:
RMB 23,597.2 million (2019)
Profit:
RMB 3,296.3 million (2019)
Employees:
6,193 (2018)
GICS Industry Group:
Headquarters:
Jingjiang, Taizhou, China
Founded:
1956
Current CEO:
Ren Letian (May 2015-)
Parent:
This is the ultimate parent

Description

Yangzijiang Shipbuilding (Holdings) Ltd (Yangzijiang) is a shipbuilding company founded in 1956 and based out of Jingjiang, Taizhou, China.

Yangzijiang produces a broad range of commercial vessels such as containerships, bulk carriers and LNG vessels. The company's shipbuilding bases are strategically located along the Yangtze River, with subsidiaries including: Jiangsu New Yangzi Shipbuilding Co Ltd (New Yangzi); Jiangsu Yangzi Xinfu Shipbuilding Co Ltd (Xinfu); Jiangsu Yangzijiang Shipbuilding Co Ltd (Jiangsu Yangzijiang); Jiangsu Yangzijiang Offshore Engineering Co Ltd (JYOEC).

Yangzijiang has three large drydocks and three large and medium size slipways, with annual shipbuilding capacity of over 6 million deadweight tons. The main products include medium and large size of container vessels, bulk carriers, oil and chemical tankers , LNG, LEG, LPG carriers, multi-purpose vessels, offshore vessels.

In September 2018, the company entered into a 51:49 joint venture to build LNG carriers with Mitsui E&S Shipbuilding and Mitsui & Co Ltd. The collaboration involves building commercial vessels, especially liquefied natural gas (LNG) carriers, Yangzijiang's Taicang yard in Jiangsu, China.

Yangzijiang Shipbuilding (Holdings) Ltd is listed on the Singapore Exchange (SGX) under the code BS6.

In Chinese Renminbi (RMB)
In Chinese Renminbi (RMB)
In Chinese Renminbi (RMB)
No items found.

Operating Segments:

Shipbuilding - The principal activities of shipbuilding segment are that of shipbuilding, offshore marine equipment construction and ship design. For the year end 31 December 2019, the shipbuilding segment accounted for 55.17% (RMB 13,019 million) of total revenue.

Trading - The principal activities of trading segment consist of trading of goods. For the year end 31 December 2019, the trading segment accounted for 32.76% (RMB 7,731 million) of total revenue.

Investments - The principal activities of investment segment consist of micro-financing and debt investments at amortised cost (2017: financial assets at held-to-maturity) and other investments. For the year end 31 December 2019, the investments segment accounted for 8.89% (RMB 2,099 million) of total revenue.

Other - Other segments include ship demolition and vessel owning companies, which the company does not identify as reportable operating segments. For the year end 31 December 2019, other segments accounted for 3.17% (RMB 749 million) of total revenue.

Mergers and Acquisitions:

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Signup to a free account to access M&A data!

Signup for FREE to access all mergers and acquisitions data!
BigDiscover is the only platform to offer M&A data completely for free!

Click Here to Signup for FREE
Copyright © 2020 BigDiscover. All rights reserved.