0.83
0.00%
Close of 2 Nov 2026, in SGD
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About Grand Banks Yachts
Its shares trade on SGX under the ticker G50.SI. It has been listed since 1 February 1988. In the fiscal year to 30 June 2026, it reported revenue of SGD 173.2m and net income of SGD 13.4m. At that date it held total assets of SGD 203.3m and shareholders' equity of SGD 116.4m.
Grand Banks Yachts Ltd. is an investment holding company, which engages in the manufacture and sale of luxury yachts. The company employs 1,300 full-time employees The Company, through its subsidiaries, is engaged in the business of manufacturing and selling luxury yachts around the world. The company operates through manufacturing and trading segment, which is engaged in manufacturing and selling of yachts to end customers. The company offers Aleutian Series, which includes 55RP and 72RP; Eastbay Series, which includes 44 SX and 50SX/FB, and Heritage series, which includes 43EU and 54EU. The company also offers hardware and other accessories used in the production of its yachts. The company offers hardware, which include interior, such as ball catch, door hook, shower accessories, seal, gasket and door hook; hinges, such as brass hinge, chrome hinge, counter hinge, small locker hinge and detachable hinge, and exterior, such as chrome handle, cleat, hatch, shell clamp, swim ladder, window and step plate. The firm also offers lockset and kroon key. Its electrical accessories include light, electrical and switch.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 1 Feb 1988
- Employees
- 1,300
- Website
- grandbanks.com ↗
Leadership
Pay as last reported
- Mr. Basil ChanNon-Independent and Non-Executive Chairman of the Board
- Mr. Mark RichardsChief Executive Officer, Executive Director, since 2014
- Mr. Heng Huat ChiamChief Financial Officer
- Ching Chua LerCompany Secretary
- Mr. Philip ForrestLead Non-Executive Independent Director
- Ewe Keng LimNon-Executive Non-Independent Director
- Mr. Jeffrey FisherNon-Executive Independent Director
- Ms. Ker-Wei PangNon-Executive Independent Director
- Mr. Brian StormsNon-Executive Independent Director
- Mr. Gary WeismanIndependent Non-Executive Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Grand Banks Yachts Ltd has several key strengths that contribute to its success in the market. Firstly, the company has an established reputation as a leading luxury yacht manufacturer, known for its high-quality craftsmanship and attention to detail. This strong brand image gives it a competitive edge over its rivals.
- Another strength of Grand Banks Yachts Ltd is its extensive product range, catering to various customer preferences and budgets. From small vessels to large custom yachts, the company offers a wide selection for consumers to choose from, enabling it to reach a broad market segment.
- In addition, the company benefits from strategic partnerships and collaborations with renowned designers and naval architects. This allows Grand Banks Yachts Ltd to incorporate innovative designs and cutting-edge technologies into its yacht models, enhancing its appeal to discerning buyers.
Weaknesses
- Despite its many strengths, Grand Banks Yachts Ltd faces a few weaknesses that pose challenges to its growth. One notable weakness is its limited global presence compared to some of its competitors. While the company has a strong presence in certain markets, there is scope for expansion into new regions to maximize its market share.
- Another weakness is the vulnerability to economic downturns. Luxury yacht purchases are often discretionary and can be impacted by economic uncertainties. A significant economic slump could lead to reduced demand for high-end yachts and ultimately affect the company's revenue and profitability.
Opportunities
- Grand Banks Yachts Ltd has several opportunities to explore and leverage for further growth. Firstly, there is an increasing demand for eco-friendly and sustainable yachts in the market. By investing in research and development, the company can develop more environmentally friendly yacht models that align with changing consumer preferences and regulatory requirements.
- Additionally, expanding into emerging markets, such as Asia and the Middle East, presents a significant opportunity for Grand Banks Yachts Ltd. These regions have seen a rise in high-net-worth individuals with a growing interest in luxury yachting, providing a potential new customer base for the company to tap into.
Threats
- Grand Banks Yachts Ltd faces certain threats that could impact its operations and market position. One primary threat is intense competition from both established yacht manufacturers and new entrants. This competition puts pressure on pricing and forces the company to continuously innovate to stay ahead.
- Another threat comes from changing regulations and environmental standards. As governments tighten emissions regulations and impose stricter environmental requirements, Grand Banks Yachts Ltd must adapt its manufacturing processes and ensure compliance to avoid penalties and maintain its reputation as a responsible and sustainable yacht builder.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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