Yangzijiang Shipbuilding (Holdings) Ltd. · SGX:BS6
Yangzijiang Shipbuilding (Holdings) — Q1 2024 Earnings Presentation
15 slides from Yangzijiang Shipbuilding (Holdings)'s earnings presentation, May 27, 2024
Slide 1: 1Q2024 Business Updates
1Q2024 Business Updates 27 May 2024
Slide 2: Disclaimer
Disclaimer The presentation is prepared by Yangzijiang Shipbuilding (Holdings) Ltd. (the “Company”) and is intended solely for your personal reference and is strictly confidential. The information contained in this presentation is subject to change without notice, its accuracy is not guaranteed, and
Slide 3: Snapshot
Snapshot Record orderbook value, notable FY24 order-win progress, on track to hit FY24 delivery target RECORD ORDERBOOK YTD* ORDER-WINS YTD* VESSEL DELIVERY USD’bln 44% 16.08 74% 14.48 USD 3.32b 28 Units 31-Dec-23 Year-To-Date ("YTD") COMMITMENT TO 25% reduction in carbon intensity (Scope 1 & 2) DEC
Slide 4: Shipbuilding Segment Highlights
SHIPBUILDING SEGMENT HIGHLIGHTS 4
Slide 5: Outstanding Orderbook Breakdown
Outstanding Orderbook Breakdown Clean energy vessels account for ~ 61% of the total outstanding orderbook value 193 7.45m USD16.08b 2024 – 2028 Vessels Compensated gross tonnage (CGT) Total Contract Value Delivery Timeframe Containerships Bulk Carriers LNG/LPG/LEG/VLEC 66 4.27m USD9.28b 47 0.94m USD
Slide 6: Outstanding Orderbook
Outstanding Orderbook Strong outstanding orderbook brings revenue visibility up to 2027 Orderbook Trend 250 16.1 20.0 14.5 10.5 USD ’ bln 8.5 10.0 3.1 193 200 182 0.0 157 44 58 3 140 150 7 -10.0 7 37 15 22 39 Quantity Vessel -20.0 100 83 51 47 6 1 -30.0 38 110 50 94 72 66 -40.0 38 0 -50.0 31-Dec-20
Slide 7: YTD FY2024 Order Win
YTD FY2024 Order Win Secured ~74% of the FY2024 order-win target 74% achieved YTD order wins FY2024 Progress USD3.32b FY2024 target USD4.50b Order-win Trend 7.41 7.05 160 4.43 3.32 1.82 USD’ bln 140 0.00 124 120 5 3 97 -10.00 100 32 80 -20.00 44 Quantity Vessel 60 54 50 4 -30.00 4 9 38 40 18 84 22 2
Slide 8: YTD Order Win Breakdown
YTD Order Win Breakdown Approximately 54% of new order-wins was classified as eco-friendly vessels, aligning with the green transition trend Vessel Type Size & Specifications Quantity CONTAINERSHIPS 8,000TEU 6 Total Quantity: 12 Methanol Dual-fuel 13,000TEU 6 25,000 CBM LPG 3 Newly secured eco-frien
Slide 9: Vessel Delivery
Vessel Delivery On track to achieve FY2024 vessel delivery target 44% achieved YTD 2024 deliveries FY2024 Progress 28 vessels FY2024 target 63 vessels Vessel Delivery Trend 70 67 3 4 57 60 1 50 1 50 45 20 10 5 1 Quantity Vessel 40 28 30 31 33 1 45 9 Included one vessel built 20 40 for the Group’s ow
Slide 10: Shipping Segment Highlights
SHIPPING SEGMENT HIGHLIGHTS
Slide 11: Fleet Portfolio
Fleet Portfolio Well-diversified fleet enables us to offer comprehensive services to our clients Quantity Average Age (Years) Total Capacity Bulk Carriers 25 7.94 1,858,600 DWT Stainless Steel Chemical Tankers 2 2.51 40,200 DWT Containerships 2 2.08 3,600 TEU Multiple Purpose Vessels 1 10.93 12,500
Slide 12: Outlook & Strategy
OUTLOOK & STRATEGY
Slide 13: Industry Demand Outlook By Vessel Type
Industry Demand Outlook By Vessel Type Oil tankers and gas carriers continue to fuel new-build orders Containership Crude Oil Tanker LNG Carrier LPG Carrier Demand Growth Demand Growth Demand Growth Demand Growth 9.5% In 2024 2.5% CAGR 3.6% CAGR 5.5% CAGR By 2029 By 2029 By 2029 Catalysts Catalysts
Slide 14: Growing LPG Carrier Orders in the Total Outstanding Orderbook
Growing LPG Carrier Orders in the Total Outstanding Orderbook YAMIC has strategically repositioned for building high-end gas carriers About YAMIC YAMIC’s Delivery Track Record Established in 2019, Jiangsu Yangzi-Mitsui Shipbuilding Co., Ltd (“YAMIC”) aimed to become a leading global shipyard for cle
Slide 15: Thank You!
THANK YOU! For more information, Kamal SAMUEL / Vicki ZHOU / HongEe TANG please contact: kamal@financialpr.com.sg Financial PR Pte Ltd zhouyan@financialpr.com.sg hongee@financialpr.com.sg
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