YZJ Fin Hldg    Last:0.235   -

YZJFH - potentially rewarding

spread of investment between debt, equities, cash, precious metal.
yzjfh uses 40 debt, 40 equities, 20 cash no precious metal.

the beauty about this money is it will grow in 3 ways.
1. all will produce cash earnings over time. 
2. market will constantly risk on/off and hence switch between debt, euquities.
the model needs to review the percentage of each over time. selling the part that has expanded beyond the percentage allocated due to market actions.  so like euqities go up 15%. then sell some to allocate money to cash and debt to rebalance back to 40:40:20 ratio. in such rebalancing the wealth will grow with time. 
3. rate of compounding growth. 
so no just look at it as a 4.5% growth stock. it will be much more depending of how volatile market goes. 

 

Valuation outlook for YZJ Financial   
Despite weak sentiment:

• NAV per share ~ S$0.50
• Share price around ~S$0.28 ~ 0.31 (recent trading range).    

👉 That means the stock trades below book value (P/B < 1).
Investors see it as a deep value stock, but with risk.

📈 Overall 2026 outlook
Bullish case :

• Balance sheet cleaned up
• New investment strategy
• Potential recovery in China markets
• Trading below NAV

 

📊 Yangzijiang Financial Outlook for 2026

1️ ⃣ 2025 loss resets expectations

In FY2025, the company reported a net loss of about S$5.2M, reversing from S$304.6M profit in 2024.   

The main reason:

• ~S$290 ~304M credit loss provisions
• Mainly linked to China real estate and debt investments.    

This means management wrote down risky loans and investments to clean up the balance sheet.

👉 In simple terms:

2025 was a reset year for the company.

  2️ ⃣ Portfolio restructuring strategy (2026 focus)

Management plans to restructure the investment portfolio.

Target allocation going forward:

• 40% debt investments (income-generating loans/bonds)
• 40% equity investments (private equity + listed stocks)
• 20% cash for liquidity.    

In 1H2026, the company plans to deploy up to RMB 1B (~S$184M) into high-yield listed equities (> 4.5%) and other investments.   

👉 Goal: build a more diversified earnings base.

3️ ⃣ Balance sheet remains strong

Despite the loss:

• The company has no external borrowings.    
• Cash levels increased significantly after portfolio adjustments.    

Also:

• Operating profit before provisions was still positive (~S$92M).    

👉 This suggests the core business still generates income.

  4️ ⃣ Post spin-off strategy

The company spun off its maritime investment arm into Yangzijiang Maritime Development, shifting about S$2B of assets to the new entity.   

After the spin-off:

• Yangzijiang Financial now focuses purely on financial investments and asset management.

Assets under management now around S$1.7B.   
 

 

As opposed to what? Whats wrong with a bit of speculation to stay on right side of the "washers" as you say?

rayokc      ( Date: 06-Mar-2026 16:50) Posted: Seriously, all 3 YZJ shares are very highly speculated and high risks. It' s a washing machine. Better don' t touch.

 

Seriously, all 3 YZJ shares are very highly speculated and high risks. It' s a washing machine. Better don' t touch.

 

Good move

kt3152      ( Date: 06-Mar-2026 11:38) Posted: Yes added some to higher price bought earlier on.... Goodwill77      ( Date: 06-Mar-2026 11:24) Posted: 26 price also not too bad

 

Yes added some to higher price bought earlier on....

Goodwill77      ( Date: 06-Mar-2026 11:24) Posted: 26 price also not too bad

 

26 price also not too bad 

 

Looks like no chance to get 25.....morning constant buying at 26....

 

打 造 世 界 级 科 技 创 新 策 源 地

今 年 的 政 府 工 作 报 告 提 出 ， 建 设 北 京 （ 京 津 冀 ） 、 上 海 （ 长 三 角 ） 、 粤 港 澳 大 湾 区 国 际 科 技 创 新 中 心 ， 打 造 世 界 级 科 技 创 新 策 源 地 。

these locations property will increased in demand from the new rich in tech.

 

people working in AI, chips, high tech are the new wealth. want to sell luxury goods, real estate. these are the people who has money.
 

 

T+4 for high 31...selling pressure persists....

 

Don' t think need a long wait 
 

 

I am waiting at sub 0.20

 

price expected to continue drift downwards
war in middle east to last much longer than expected 
 

 

The impairment of debts smell!!!
In just a financial years and a few months after the split in two, financial and marine, such Hugh numbers arose. 

I hope at least SIAS would raise this question. 

shareholders should demand for more investment 

HVRRVH      ( Date: 04-Mar-2026 13:10) Posted: 1) $290.9m provision to clean up the book 2) $683m cash idling in ' cash management' - Personally I give them 1 year to see how are they going to deploy this 3) Still have $253.7 NPL on its book without provision - Will there be further provision? 4) Total provision stand at $517.8m - How many % can be written back? Over how long time frame?  5) For point 4, 38% is the figure cited by the company that the provision will be lost, therefore it is expected that $321m can be recovered DI is still too high with book value at $843.9m. That is almost half of its current total assets. Another 40% of assets amounting to $683m is sitting idle in ' cash management' ! Only 10% is now actively generating higher return!! The management need to do something and do it quick. Their only excuse now is they just completed the spin off of YZJM but that does not remove the fact that they have not been looking at other area of investments and take action accordingly other than martime in the last 3 years plus since spun off from YZJS. A new guy Malcome is recruited whith supposedly 10+ years relevant experience. Personally I give them 1 year. I want to see idle cash gone by at least half by end of FY26.

 

1) $290.9m provision to clean up the book
2) $683m cash idling in ' cash management' - Personally I give them 1 year to see how are they going to deploy this
3) Still have $253.7 NPL on its book without provision - Will there be further provision?
4) Total provision stand at $517.8m - How many % can be written back? Over how long time frame? 
5) For point 4, 38% is the figure cited by the company that the provision will be lost, therefore it is expected that $321m can be recovered

DI is still too high with book value at $843.9m. That is almost half of its current total assets. Another 40% of assets amounting to $683m is sitting idle in ' cash management' ! Only 10% is now actively generating higher return!! The management need to do something and do it quick. Their only excuse now is they just completed the spin off of YZJM but that does not remove the fact that they have not been looking at other area of investments and take action accordingly other than martime in the last 3 years plus since spun off from YZJS. A new guy Malcome is recruited whith supposedly 10+ years relevant experience. Personally I give them 1 year. I want to see idle cash gone by at least half by end of FY26. 

 

40% div policy
Based on 100m profit
Should give 3.8% at this price

 

Have been on defensive mode
Should start buying up soon
Over selling
Company should engage in sbb

 

according to survey, after last year measures, developers are building " good houses" - quality.
it is a wise move by management to hold back in lending, and waiting for the good opportunity.
accumulation imho