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法巴研報:給予中手遊(00302.HK)買入的投資評級 目標價3.95港元
格隆匯 02-07 11:34

格隆匯APP獲悉,法國巴黎銀行於近日發佈一份中手遊(00302.HK)研究報告。

報告預期中手遊2019年至2020年的業績將實現強勁增長。其中2019年營收預測將達到32.18億人民幣,2020年預測可達到45.42億人民幣,增長率分別達101.6%及41.1%。

該報告給出中手遊的目標價格為3.95港幣,並認為以此價格衡量,預計2019年及2020年中手遊的市盈率將分別為12.0倍和11.6倍,而這意味着中手遊目前的股價被市場低估。

研報指出,中手遊的短期收益增長強勁,特別是與騰訊和字節跳動的獨家授權協議突出了其遊戲的質量,並在2020年提供了一定的收益確定性。而盛趣科技的投資,將使中手遊獲得傳奇類IP授權續期的可能性大幅提升,同時確保其傳奇類產品收入的穩定。

報告還認為,中手遊2018年收購的研發公司文脈互動將在未來確保其收益的穩定性。中手遊作為一家長期專注於基於IP的遊戲運營商,其市場增速高於非基於IP的遊戲,擁有強大的IP資源組合,將在中期時間內為其推出遊戲產品提供支持。根據最新文件,中手遊將在2020年推出29款遊戲產品,其中多是IP遊戲,這將支撐2020年的強勁增長。

截至2月6日港股收市,中手遊報3.00港元,漲6%,累計成交3923萬港元。

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