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《大行报告》野村下调快手-W(01024.HK)目标价至273元 评级「买入」
阿思达克 05-25 10:13
野村发表研究报告指,快手(01024.HK)首季表现符预期,虽然因推广开支增加,令亏损较预期多。首季收入增37%,而按非标准会计准则计算,经营溢利为-34%,按年增4.5个百分点,低於预期的-16%。亏损扩至49亿元人民币,低於市场预期的57亿元人民币,但高於该行预期的28亿元人民币。日均活跃用户增17%至2.95亿,高於预期2%,用户日均使用时间增17%至99分钟,高於预期8%。维持「买入」评级,目标价由333元降至273元。

该行指,整体表现符预期,不过与对手抖音比较则较担忧,两者的日均活跃用户和平均使用时间差距扩大。

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