June 24, 2025 01:53 PM GMT Zijin Mining Group | Asia Pacific M Update Risk Reward Update What's Changed | Zijin Mining Group (2899.HK) | From | To | | --- | --- | --- | | Price Target | HK$23.40 | HK$25.10 | | Bull Case | HK$31.00 | HK$31.80 | | Base Case | HK$23.40 | HK$25.10 | | Bear Case | HK$9.40 | HK$9.60 | | Updated Components | | | | EPS | | | | Investment Thesis | | | | Bull Base Bear Scenarios | | | | Investment Drivers | | | Risk Reward for Zijin Mining Group (2899.HK) has been updated Reason for ...

May 21, 2025 07:03 AM GMT Arclands (9842) | Japan Risk Reward Update What's Changed | Arclands (9842.T) | From | To | | --- | --- | --- | | Price Target | ¥1,500 | ¥1,700 | | Bull Case | ¥4,100 | ¥4,400 | | Base Case | ¥1,500 | ¥1,700 | | Updated Components | | | | EPS | | | | Investment Thesis | | | | Bull Base Bear Scenarios | | | | Investment Drivers | | | Risk Reward for Arclands (9842.T) has been updated Reason for change We revise our estimates after reviewing F2/25 results. | M | | | | | | --- | --- ...

更多资料加入知识星球：水木调研纪要 关注公众号：水木Alpha May 6, 2025 02:13 AM GMT Gree Electric Appliances Inc of Zhuhai | Asia Pacific Risk Reward Update What's Changed Updated Components EPS Investment Thesis Bull Base Bear Scenarios Risk Reward for Gree Electric Appliances Inc of Zhuhai (000651.SZ) has been updated Reason for change We slightly cut our 2025-26 revenue by 2-3% given gradual fading trade-in effect amid macro uncertainties, but lift our earnings estimates by 5-6% given better margin trend as shown in 1Q25. We also ...

更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 April 29, 2025 12:20 AM GMT Gongniu Group Co Ltd | Asia Pacific Risk Reward Update What's Changed Gongniu Group Co Ltd (603195.SS) From To Price Target Rmb103.45 Rmb90.00 Bull Case Rmb155.86 Rmb135.60 Base Case Rmb103.45 Rmb90.00 Bear Case Rmb35.86 Rmb31.20 Updated Components EPS Investment Thesis Bull Base Bear Scenarios 更多一手调研纪要和海外投行研报数据加V：shuinu9870 更多一手调研纪要和海外投行研报数据加V：shuinu9870 更多一手调研纪要和海外投行研报数据加V：shuinu9870 更多一手调研纪要和海外投行研报数据加V：shuinu9870 更多一手调研纪要和海外投行研报数据加V：shuinu9870 更多一手 ...

April 17, 2025 08:00 AM GMT Zijin Mining Group | Asia Pacific M Update Risk Reward Update We mark to market the latest metal price changes. We adjust production volume based on 2025 guidance and company's new 3- year plan. We raise capex assumptions referencing the 2024 numbers and considering ongoing expansion. These moves lower our 2025 and 2026 EPS estimates by 3% and 2%, respectively, to Rmb1.53 and Rmb1.63, and we introduce our 2027 estimate of Rmb1.57. We lower our DCF-based price target to Rmb24.0. M ...