《大行報告》大和料騰訊(00700.HK)首季手遊收入增22% 維持「買入」看870元
大和發表的研究報告指,騰訊(00700.HK)將於5月20日公布首季業績,該行估計公司總收入升22.7%至1,326億元人民幣,按非國際財務報告準則計算經營溢利按年升25.6%至447億元人民幣。雖然市場對反壟斷方面的憂慮仍困擾騰訊股價,不過該行認為監管風險可控,考慮到下半年推出主要遊戲,認為現時估值提供買入良機,而公司將於5月16日舉行年度遊戲活動,或成股價催化劑。
該行估計今年首季公司線上遊戲收入將按年升17%,而去年第四季公司於內地推出《天涯明月刀》、《使命召喚Mobile》及《街頭霸王》,帶動遊戲收入按季增長16%,該行估計今年首季遊戲收入按季升5%,主要受惠《王者榮耀》、《和平精英》及《PUBG Mobile》等手遊表現,因此估計今年首季公司手遊收入按年升22%至420億元人民幣。
另外該行料騰訊首季支付規模按年增長加速至35%,主要因為基數較低,同時將其2021-23年整體收入預測調高2%,重申「買入」評級,目標價870元。
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