Yangzijiang Shipbuilding Reports Q1 Order Slump
Shares of Yangzijiang Shipbuilding have declined 5.1% following a significant drop in Q1 order wins.
The company’s stock closed at 2.08 CNY on the last trading day, a decline from its 52-week high of 3.32 CNY reached on February 19.
Key financial metrics for Yangzijiang Shipbuilding include:
- Price-to-earnings ratio: 6.89
- Price-to-book ratio: 1.74
These ratios indicate a relatively low valuation for the company’s shares. The stock price is currently above its 52-week low of 1.8 CNY, which was reached on April 8.