Updated:
Here are the fundamentals of Yangzijiang Shipbuilding (BS6.SI) as extracted from Yahoo Finance. 

PE ratio - 1.83 (This was a mistake as the EPS was in RMB and the price is SGD)
Dividend yield - 4.09%

I saw a Credit Swiss report that the projected EPS for 12/20 is 0.73 RMB = 0.15 SGD. The projected PER is 7.9 times.

Here is another report from DBS Research. They gave a positive projection of this stock.

https://www.dbs.com.sg/treasures/aics/stock-coverage/templatedata/article/equity/data/en/DBSV/012014/YZJSGD_SP.xml

I decided to invest a part of my SRS fund in this stock.

Tan Kin Lian

Note - I am sharing my views. I am not giving financial advice.