Yongnam Holdings

What Yongnam Holdings does

Yongnam Holdings is a Singapore-based structural steelworks contractor founded in 1971 and publicly listed on the Singapore Exchange under ticker AXB. The company designs, fabricates, and erects structural steel frames, providing integrated steel construction services to the building and infrastructure sector. With a workforce of 1,001-5,000 employees and primary operations centered in Singapore, Yongnam operates a project-based business model typical of regional steel fabrication contractors serving construction industry clients.

The firm's value proposition centers on adding value to steel construction through integrated design-fabrication-erection capabilities — a vertically bundled service model that reduces handoffs and coordination risk on complex structural projects. Core technology, proprietary features, pricing models, distribution channels, and customer details are not disclosed in the available source data. The company's public listing (SGX:AXB) implies audited financial reporting and regulatory compliance, though the specific reporting periods, capital structure, and shareholder composition are not captured in the input.

The provided financial data exhibits severe quality issues — revenue figures are reported in the hundreds of trillions of dollars and gross profit, EBITDA, operating income, and net income are all negative across the five reported years (2018-2022). These magnitudes are inconsistent with the operational scale of a regional steel fabricator and almost certainly reflect data extraction or unit-conversion errors rather than actual reported figures. The signed direction (persistent losses) may indicate genuine operational stress and warrants verification against audited statements, but the numerical magnitudes cannot be used for triangulation. No M&A activity, leadership changes, partnerships, certifications, patents, or strategic actions beyond the historical founding and public listing are documented in the source material.

Name

Yongnam Holdings

Legal name

Yongnam

Website

https://yongnam.com.sg

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Structural Steel Fabrication

NAICS

Fabricated Structural Metal Manufacturing (332312), Structural Steel and Precast Concrete Contractors (238120)

SIC

Fabricated Structural Metal Products (3440)

akta.pro primary industry

Structural Steel Fabrication (IMADACAA)

akta.pro secondary industry

Steel Plate, Sections & Welded Assemblies (IMADACAD)

Keywords

• Structural steel fabrication
• Steel frame erection
• Structural steelwork design
• Steel construction services
• Metal fabrication

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D

Core offering

Yongnam Holdings provides structural steelworks including the design, fabrication and erection of steel frames for construction projects. The company adds value to steel construction by integrating engineering design, off-site fabrication and on-site erection services into a single delivered structural package for buildings and infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Structural steelworks (design, fabrication and erection) End-to-end structural steel service covering design, off-site fabrication and on-site erection of steel frames for buildings and infrastructure. Delivered to construction contractors, developers and infrastructure project owners in Singapore and the wider region.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Expansion highlights2 records

Broad incumbents

• ArcelorMittal: World's largest steel company with integrated mills and downstream fabrication capacity. Overlaps with Yongnam at the structural steel raw-material and fabricated-component level across international project supply chains.
• BlueScope Steel: Australian-listed steel products and engineered building solutions company with APAC exposure. Comparable at the structural steel and pre-engineered building level, though much larger and more diversified.
• Hyundai Steel: Korean integrated steelmaker producing structural sections and fabricated components with regional APAC reach. Significantly larger and broader than Yongnam, but competes in the same regional structural-steel supply pool.
• Tata Steel: Global integrated steel producer headquartered in India with structural steel offerings across APAC, the Middle East and Europe. Larger and broader than Yongnam, but competes in cross-region structural steel supply and fabrication.
• China State Construction Engineering Corporation: Largest state-owned general contractor globally with massive in-house structural steel erection capability. Competes with Yongnam for large Singapore and regional mega-projects, though it operates across construction as a whole.

Direct peers

• Tiong Woon Corporation: Singapore-based crane leasing and heavy steelwork services provider. Comparable in providing rigging and steel erection services in the same Singapore construction market as Yongnam.
• TTJ Holdings: Singapore-listed structural steel fabricator and erector serving commercial, industrial and infrastructure projects. Closest peer to Yongnam in geography, scale and scope of integrated steelwork services.
• NPS Engineering Holdings: Singapore structural steel and engineering contractor competing for similar fabrication and erection scopes in Singapore and the region, with overlapping customer base among local developers and EPCs.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

• LinkedInlinkedin.com/company/yongnam-engineering-and-construction

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Yongnam Holdings