1. Singapore Stocks

  2. •

    Consumer durables

  3. •

    Recreational products
Grand Banks Yachts Limited

Grand Banks Yachts Limited

SSGX:G50
0.77
SGD
+0.03
(+3.36%)
0.01EPS
22.99P/E
53.43MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.26
0.21
0.32
0.32
0.44
0.43
0.56
0.52
0.41
0.62
0.72
0.87
0.93
0.47
Basic EPS, GAAP
0.01
-0.03
0.01
- -
0.05
0.01
0.01
0.02
0.02
0.05
0.12
0.1
0.07
0.01
Free Cash Flow per Basic Share
- -
- -
-0.01
- -
-0.04
-0.05
0.08
0.2
-0.04
0.05
0.02
0.07
-0.16
-0.02
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.01
0.02
0.02
- -
Book Value per Share
0.29
0.24
0.25
0.25
0.31
0.3
0.31
0.33
0.34
0.37
0.47
0.55
0.62
0.31
Tangible Book Value per Share
0.29
0.19
0.2
0.2
0.26
0.26
0.27
0.29
0.3
0.34
0.44
0.51
0.59
0.27
Basic Weighted Avg Shares
156
183
184
184
184
184
184
185
185
185
185
186
187
183
Sales/Revenue/Turnover
40
39
59
59
82
80
103
96
75
114
134
162
173
86
Operating Margin (%)
3.22
-12.08
1.98
1.1
6.18
3.18
2.13
5.39
3.56
12.8
21.8
15.12
10.63
4.23
Depreciation Expense
2
3
3
3
3
4
5
5
5
5
6
6
7
5
Net Income, GAAP
1
-5
2
1
9
2
1
4
4
10
21
18
13
2
Effective Tax Rate (%)
0.86
- -
- -
43.98
- -
- -
- -
25.11
- -
31.28
26.77
28.4
25.41
9.79
Profit Margin (%)
2.56
-12.25
3.36
0.89
10.83
1.89
1.02
4.4
5.34
8.85
16
11.23
7.73
2.7
Working Capital
44
26
20
18
18
18
18
22
21
28
45
45
30
19
LT Debt
- -
- -
3
2
2
5
3
2
2
2
4
24
23
5
Total Equity
51
45
45
46
56
55
57
61
63
69
87
102
116
57
Return on Invested Capital (%)
2.94
- -
- -
0.74
- -
- -
- -
6.15
- -
14.5
25.64
16.39
10.27
4.63
Return on Capital (%)
2.32
- -
- -
1.23
- -
- -
- -
6.96
- -
14.74
26.55
16.79
10.41
4.42
Return on Common Equity (%)
2.32
-10.02
4.36
1.14
17.34
2.69
1.88
7.17
6.46
15.24
27.35
19.24
12.26
4.1

Capital Structure

SGD

•

in mil. unless spec.
Jun'19
Sep'20
Dec'20
ST Debt
8
5
10
LT Borrowings
5
7
5
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
184
184
184
Market Capitalization
50
48
53

Working Capital

SGD

•

in mil. unless spec.
Jun'19
Sep'20
Dec'20
Total Current Assets
49
48
53
Cash, Cash Equivalents & STI
9
5
8
Accounts Receivable, Net
- -
2
5
Inventories
28
27
30
Total Current Liabilities
31
27
34
Payables & Accruals
- -
- -
- -
ST Debt
8
5
10
Deferred Revenue
- -
- -
- -

Growth Rates

SGD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.2%
14.08%
13.94%
Free Cash Flow
79.58%
-103.5%
-338.78%
Net Income, GAAP
193.53%
43.41%
-26.48%
Sales/Revenue/Turnover
13.49%
15.07%
6.7%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
134
2025
- -
- -
162
2026
- -
- -
173

Semi-annual Earnings Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.12
2025
- -
- -
0.1
2026
- -
- -
0.07

Semi-annual Dividends Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.01
2025
- -
0.01
0.02
2026
- -
- -
0.02

Company Description

Company Profile APIChatGPT
CEO
Mark Jonathon Richards
Full Time Employees
1,063
Sector
Consumer durables
Industry
Recreational products
Address
Wcega Tower Singapore CE Singapore 658065
IPO Date
Feb 1, 1988
Website
grandbanks.com
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Business
Grand Banks Yachts Limited manufactures and distributes luxury recreational motor yachts under the Grand Banks, Eastbay, and Palm Beach brands; offers brokerage, servicing, maintenance, and sales of stock boats, trade-in boats, parts, and accessories; and operates marinas and waterfront facilities. The company produces semi-custom yachts ranging from 42 to 107 feet, featuring proprietary V-WARP technology for enhanced hull performance, fuel efficiency, and construction using resin-infused E-Glass and carbon fiber; key models include Grand Banks 54, 60, and 85, Eastbay 44 and 60, and Palm Beach motor yachts designed for long-range cruising and ocean-going capabilities. Founded in 1956 and headquartered in Singapore, Grand Banks Yachts Limited, listed on the Singapore Exchange Mainboard (G50.SI) since 1993, conducts manufacturing at its Pasir Gudang yard in Johor, Malaysia, with expanded capacity operational since late 2024; it serves high-net-worth customers in the United States, Australia, Europe, and Asia through sales and service locations in Stuart and San Diego, Florida/California USA, Newport New South Wales and Coomera Queensland Australia, and recently acquired Newport Rhode Island marina facilities for US$21 million in 2025 to bolster North East US presence and customer experience. Recent developments include a 37.8% revenue increase to S$40.1 million in 3Q FY2025 ended March 2025, driving nine-month revenue to S$107.3 million and net order book to S$119.5 million with 11 new boat orders; H1 FY2025 revenue rose 3.4% to S$67.2 million alongside 9.2% net profit growth to S$7.6 million and an interim dividend of S$0.005 per share; full FY2024 saw 20 new larger boat orders and order book growth to S$156.6 million, supported by Johor facility expansion for shorter production times and larger models.