Latest news with #YangzijiangShipbuilding
Yahoo
15 hours ago
- Business
- Yahoo
Asian Penny Stocks To Watch In August 2025
As global markets navigate a challenging landscape marked by trade tensions and economic uncertainties, the Asian market remains a focal point for investors seeking opportunities. Penny stocks, often seen as relics of past trading eras, continue to captivate interest due to their potential for growth when backed by strong financials. These smaller or newer companies offer a unique blend of affordability and potential returns, making them intriguing prospects for those looking to uncover hidden value in quality investments. Top 10 Penny Stocks In Asia Name Share Price Market Cap Financial Health Rating Food Moments (SET:FM) THB4.20 THB4.15B ★★★★★☆ Lever Style (SEHK:1346) HK$1.44 HK$908.57M ★★★★★★ Ever Sunshine Services Group (SEHK:1995) HK$2.12 HK$3.66B ★★★★★☆ TK Group (Holdings) (SEHK:2283) HK$2.42 HK$2.02B ★★★★★★ CNMC Goldmine Holdings (Catalist:5TP) SGD0.54 SGD218.86M ★★★★★☆ Yangzijiang Shipbuilding (Holdings) (SGX:BS6) SGD2.84 SGD11.18B ★★★★★☆ Ekarat Engineering (SET:AKR) THB1.01 THB1.49B ★★★★★★ Livestock Improvement (NZSE:LIC) NZ$0.95 NZ$135.23M ★★★★★★ Rojana Industrial Park (SET:ROJNA) THB4.88 THB9.86B ★★★★★★ BRC Asia (SGX:BEC) SGD3.63 SGD995.89M ★★★★★★ Click here to see the full list of 980 stocks from our Asian Penny Stocks screener. We'll examine a selection from our screener results. Fenbi Simply Wall St Financial Health Rating: ★★★★★★ Overview: Fenbi Ltd. is an investment holding company that offers non-formal vocational education and training services in the People's Republic of China, with a market cap of HK$7.77 billion. Operations: The company's revenue is primarily generated from tutoring services at CN¥2.34 billion and sales of books totaling CN¥600.78 million. Market Cap: HK$7.77B Fenbi Ltd., a company with a market cap of HK$7.77 billion, has shown consistent profitability growth over the past five years, with earnings increasing by 23.6% annually. Despite facing intense competition in China's recruitment examination tutoring industry, Fenbi remains debt-free and maintains strong short-term asset coverage for liabilities. Recent guidance indicates a projected revenue decrease to RMB 1.47 billion for H1 2025 due to declining tutoring sales, alongside an expected net profit decline to RMB215 million. The board's limited experience and recent director resignation might impact strategic direction amidst these challenges. Dive into the specifics of Fenbi here with our thorough balance sheet health report. Review our growth performance report to gain insights into Fenbi's future. Greentown Service Group Simply Wall St Financial Health Rating: ★★★★★★ Overview: Greentown Service Group Co. Ltd., along with its subsidiaries, offers residential property management services in the People's Republic of China and internationally, with a market cap of HK$15.34 billion. Operations: The company generates revenue through several segments, including Property Services (CN¥12.40 billion), Consulting Services (CN¥2.41 billion), Technology Services (CN¥341.19 million), and Community Living Services excluding Technology (CN¥2.74 billion). Market Cap: HK$15.34B Greentown Service Group, with a market cap of HK$15.34 billion, is trading significantly below its estimated fair value and demonstrates stable financial health with short-term assets exceeding both short- and long-term liabilities. The company's earnings growth of 13.3% over the past year outpaces the real estate industry decline, although its return on equity remains low at 8.8%. Debt management appears robust as operating cash flow covers debt well, and interest payments are not a concern. However, an unstable dividend history may raise caution for income-focused investors despite strong asset coverage and reduced debt levels over time. Click to explore a detailed breakdown of our findings in Greentown Service Group's financial health report. Learn about Greentown Service Group's future growth trajectory here. Dongguan Rural Commercial Bank Simply Wall St Financial Health Rating: ★★★★★★ Overview: Dongguan Rural Commercial Bank Co., Ltd. offers a range of banking products and services in China, with a market capitalization of approximately HK$26.11 billion. Operations: Dongguan Rural Commercial Bank Co., Ltd. has not reported any specific revenue segments. Market Cap: HK$26.11B Dongguan Rural Commercial Bank, with a market cap of HK$26.11 billion, trades significantly below its fair value estimate while maintaining stable financial health. The bank's Return on Equity is low at 7.3%, but its Loans to Assets ratio of 52% indicates prudent lending practices. Despite declining earnings over the past five years and negative growth last year, the bank benefits from primarily low-risk funding sources and an appropriate bad loans ratio of 1.8%. Recent dividend adjustments may concern income-focused investors, yet the experienced board and management team provide strategic stability amidst earnings challenges. Click here to discover the nuances of Dongguan Rural Commercial Bank with our detailed analytical financial health report. Understand Dongguan Rural Commercial Bank's track record by examining our performance history report. Summing It All Up Access the full spectrum of 980 Asian Penny Stocks by clicking on this link. Contemplating Other Strategies? Explore 27 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include SEHK:2469 SEHK:2869 and SEHK:9889. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Business Times
a day ago
- Business
- Business Times
Singapore shares rise, mirroring regional gains despite tariff kick-off; STI up 0.7%
[SINGAPORE] Local stocks closed higher on Thursday (Aug 7), extending their winning streak to a fourth consecutive session, in line with broader gains across Asian markets. This came even as higher tariff rates imposed by US President Donald Trump on dozens of trading partners took effect. The Straits Times Index (STI) ended 0.7 per cent or 30.45 points higher at 4,258.15. Across the broader market, gainers outnumbered losers 320 to 201 after 2 billion securities worth S$2.1 billion changed hands. Yangzijiang Shipbuilding was the top gainer on the index for a second straight day, climbing 8 per cent or S$0.21 to close at S$2.84. The rally came after the Chinese shipbuilder on Wednesday posted a record-high net profit of 4.2 billion yuan (S$752.6 million) for the first half of 2025 , marking a 36.7 per cent jump from 3.1 billion yuan a year earlier. The counter surged more than 11 per cent in early trade , hitting S$2.92 by 9.35 am, up from Wednesday's close of S$2.63. This marked its highest level since February, when it reached S$3.30. Thursday's biggest decliner on the STI was UOB , falling 1.8 per cent or S$0.64 to S$35.81 , after reporting a 6 per cent year-on-year drop in second-quarter net profit to S$1.34 billion . BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up The weaker result was attributed to a decline in net interest income amid narrowing margins, and missed the S$1.48 billion consensus forecast from a Bloomberg poll of six analysts. The other two local banking stocks closed higher on Thursday. OCBC edged up 0.3 per cent or S$0.05 to S$17.09; DBS , meanwhile, soared after it announced a rise in Q2 earnings to S$2.82 billion ; the counter briefly touched the S$50 mark before closing at S$49.75, up 1.8 per cent or S$0.90 on the day. Elsewhere in the region, key indices closed higher. Malaysia's Bursa Malaysia KLCI rose 0.4 per cent; Japan's Nikkei 225 and Hong Kong's Hang Seng Index both grew 0.7 per cent. South Korea's Kospi gained 0.9 per cent, and Taiwan's Stock Exchange Weighted Index surged 2.4 per cent. The gains came as US President Donald Trump announced 100 per cent tariffs on semiconductor chips, with exemptions for investments made within the US. This explains the seemingly counterintuitive Apple-led rally in US tech stocks, said Vishnu Varathan, head of macro research for Asia (excluding Japan) at Mizuho Securities. 'The cognitive dissonance involved in the Apple-led tech rally firing up Nasdaq bulls on one hand and Trump's 100 per cent tariffs on semiconductors is remarkable,' he added. More broadly, Varathan sees trade partners possibly using their American investments as bargaining chips to mitigate the impact of US tariffs. A prominent example is China, whose control over rare earth materials and dominant industrial position '(afford) concessions and partial immunity' from tariff pressures.
Straits Times
2 days ago
- Business
- Straits Times
Yangzijiang Shipbuilding shares surge 11% on record first-half earnings
Sign up now: Get ST's newsletters delivered to your inbox Yangzijiang Shipbuilding saw a 36,7 per cent jump in net profit to 4.18 billion yuan (S$748 million) for the six months to June 30. SINGAPORE - Shares of Yangzijiang Shipbuilding soared on Aug 7, after the mainboard-listed company posted a record net profit for the first half of 2025. The stock rallied as much as 11 per cent to $2.92 after its results announcement, and was up 7.6 per cent at $2.83 at the midday trading break. A hefty 69.2 million shares changed hands. Yangzijiang saw a 36,7 per cent jump in net profit to 4.18 billion yuan (S$748 million) for the six months ended June 30, from 3.06 billion yuan in the year-ago period. This was despite a 1.3 per cent dip in first half revenue to 12.88 billion yuan, the company reported b efore the market opened on Aug 7 . The decline in revenue was mainly due to lower contributions from the shipbuilding segment, as the group has begun constructing oil tankers, which it said 'carry a lower average unit price than container ships'. Revenue from the shipping segment also fell 15.4 per cent year on year to 511.4 million yuan, following a drop in charter rates. But revenue from its other businesses - including trading, ship design services and investment properties - climbed 153.2 per cent year on year to 117.1 million yuan in the first half of FY2025. Top stories Swipe. Select. Stay informed. Singapore Some ageing condos in Singapore struggle with failing infrastructure, inadequate sinking funds Singapore PUB investigating wastewater discharge in Eunos: Pritam Singapore Water gel guns among newer tools NParks uses to manage monkeys in estates World Trump eyes 100% chips tariff, but 0% for US investors like Apple World Trump's 100% semiconductor tariffs may hit chipmakers in Singapore, other SEA nations Singapore Afraid of small talk? Scared to make a phone call? How social skills workshops are helping young people Singapore ST and Uniqlo launch design contest for Singapore stories T-shirt collection Business DBS shares hit record-high after Q2 profit beats forecast on strong wealth fees, trading income Contributions from Yangzijiang's associated companies and joint ventures rose 79 per cent year on year to 481.4 million yuan. This included 320 million yuan from Yangzi-Mitsui Shipbuilding, and 160 million yuan from Tsuneishi Zhoushan, in which the group completed a capital injection for a 34 per cent stake in the first quarter of 2025. Looking ahead, the company said the shipbuilding industry faces macroeconomic uncertainties and geopolitical tensions in the near term. Global shipbuilding contracted 54 per cent year on year in the first half of 2025, primarily due to growing concerns over the impact of the US tariffs on global trade volumes. Additionally, proposed US port fees have prompted shipowners to seek alternatives, though limited capacity outside China remains a constraint, the Chinese shipbuilder said. Yangzijiang, however, remains 'cautiously optimistic', given its outstanding orderbook. During the first half year, the group secured contracts amounting to US$537.2 million (S$640.5 million) for 14 vessels, with about 85 per cent for container ships. This raised the group's total outstanding order book to US$23.2 billion for delivery through 2029 and beyond. It expects improved market sentiment and clearer tariff progression in the second half of 2025 to support new orders, and is confident of filling its remaining delivery slots for 2028 and 2029, which largely comprise small to mid-sized vessels.
Straits Times
2 days ago
- Business
- Straits Times
Singapore stocks rise for third straight day amid mixed regional showing; STI up 0.5%
Sign up now: Get ST's newsletters delivered to your inbox SINGAPORE – Local stocks enjoyed a third straight day of gains on August 6 despite mixed regional markets and declines on Wall Street over concerns about the US faltering jobs market. The buoyant mood here lifted the Straits Times Index (STI) 0.5 per cent or 19.12 points to 4,227.70 with gainers besting losers 309 to 217 on solid trade of 1.5 billion securities worth $1.4 billion. Regional markets were not as sure-footed, with South Korea's Kospi and the Hang Seng in Hong Kong both flat while Japan's Nikkei 225 rose 0.6 per cent and Malaysian stocks advanced 0.2 per cent. Australia's ASX 200 was the standout performer, rising 0.8 per cent to a record close. A downbeat Wall Street overnight failed to inspire as tariff uncertainty continues to unnerve markets, particularly in the area of pharmaceuticals, that may be hit with huge levies. On the other hand, investors there are growing more confident that more interest rate cuts are coming, while a robust earnings season has lifted spirits. The S&P 500 fell 0.5 per cent and the Nasdaq dipped 0.65 per cent but both remain at near record highs. The Dow Industrials fell 0.14 per cent. The STI's gainers here were led by Yangzijiang Shipbuilding, which rose 2.3 per cent to $2.63, while Sembcorp came in at the bottom of the table, shedding 1.3 per cent to $7.70. The local banks ended in positive territory: DBS rose 1.3 per cent to $48.85; OCBC was up 0.4 per cent to $17.04; and UOB edged up 0.2 per cent to $36.45. Interactive Brokers senior economist Jose Torres noted that tension resulting from the US tariffs imposed on semiconductors, pharmaceutical equipment as well as on Moscow and New Delhi are 'generating some hesitation in markets during this weak seasonal period'. Mr Torres expects US equities across most sectors to face selling pressure, with cyclical commodities, except for natural gas, to trade lower. THE BUSINESS TIMES
Business Times
2 days ago
- Business
- Business Times
Yangzijiang Shipbuilding posts record earnings of 4.2 billion yuan for H1
[SINGAPORE] Yangzijiang Shipbuilding posted a record-high net profit of 4.2 billion yuan (S$752.6 million) for the six months ended Jun 30, 2025, marking a 36.7 per cent surge from 3.1 billion yuan for the same period a year earlier. This comes as an associated company has started to contribute meaningfully. In a regulatory filing on Wednesday (Aug 6), the mainboard-listed shipbuilder posted a 1.3 per cent year-on-year drop in revenue for H1 FY2025, to 12.9 billion yuan. The decrease was mainly caused by lower contributions from the shipbuilding segment, as it has begun the construction of oil tankers, which the group said 'carry a lower average unit price than container ships'. There was also a decline in revenue for the shipping segment – down 15.4 per cent year on year to 511.4 million yuan – which Yangzijiang said was due to lower charter rates. However, other businesses, which include trading, ship design services and investment property, contributed 153.2 per cent higher revenue at 117.1 million yuan for H1. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Contributions from associated companies and joint ventures – including a contribution of 320 million yuan from Yangzi-Mitsui Shipbuilding and 160 million yuan from Tsuneishi Zhoushan – improved by 79 per cent year on year to 481.4 million yuan. Yangzijiang completed its capital injection – for a 34 per cent equity stake – in Tsuneishi Zhoushan in the first quarter of the year. The group recognised a 160 million yuan share of profit from the associated company for H1. The group's net profit margin improved to 32.5 per cent, from 23.4 per cent for the year-ago period; earnings per share rose to 1.0602 yuan from 0.7742 yuan. Net asset value per share stood at 7.048 yuan as at Jun 30, higher than 6.6517 yuan as at Dec 31, 2024. Yangzijiang said that, during H1 FY2025, it clinched contracts amounting to US$537.2 million for 14 vessels, with approximately 85 per cent for container ships. This raised the group's total outstanding order book to US$23.2 billion for delivery through 2029 and beyond. No dividend was declared for the period. Shares of Yangzijiang closed 2.3 per cent or S$0.06 up at S$2.63 on Wednesday, before the results were posted.
