You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
富瑞:百度(9888.HK)第三季收入符預期 維持“買入”評級
格隆匯 11-18 13:21

富瑞發研吿指,百度(9888.HK)第三季收入按年升13.1%至319億元人民幣,符合市場及該行預期;核心收入按年升15.4%至247億元人民幣,略勝該行預期及符合管理層指引,當中愛奇藝收入符預期;非通用會計準則營業利潤47億元人民幣,勝預期,主要由於百度核心業務表現勝預期。該行維持其“買入”評級,目標價由281港元下調6.05%至264港元。

富瑞指,百度預計第四季收入為310-340億元人民幣,即按年升2-12%,中位數符預期;百度第四季核心業務收入料按年增長5-16%。該行預期,第三及第四季將有約20億元人民幣的增量成本,主要來自員工人數擴張、渠道營銷和對人工智能的投資。

該行指,9月百度應用程式的月活躍用户(MAU)按年增長12%至6.07億元人民幣,每日登錄用户達到79%,創歷史新高;百度可搜索超過10億個電子商貿存貨單位,總成交金額按季升90%,百度的小程序亦可增強用户體驗及開發者可接觸更多用户。至於集度汽車方面,該行指,百度目標於明年初完成最終結構設計,並於2023年後段開始銷售。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account