Core Viewpoint - DBS Group Research indicates that Zijin Mining International, a gold mining company, is expected to outperform its peers in terms of profitability and profit growth [1] Group 1: Company Performance - Zijin Mining International has integrated overseas gold assets from its parent company, Zijin Mining Group, which is expected to support strong growth potential [1] - The company is projected to achieve an EBITDA margin of 58.1% by 2025, surpassing the industry average of 48% [1] - The net profit compound annual growth rate (CAGR) for Zijin Mining International is expected to reach 51% by 2027, significantly higher than the peer average of 44% [1] Group 2: Investment Rating - DBS Group has initiated coverage on Zijin Mining International with a "Buy" rating and a target price of HKD 137.00 [1]
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