一文綜合券商對嗶哩嗶哩(09626.HK)公佈業績後最新觀點及目標價
嗶哩嗶哩-SW(09626.HK)(BILI.US)公佈去年業績後,今早股價受壓,盤中曾低見209.2元一度挫12.1%,最新報210.4元跌11.6%。瑞銀表示嗶哩嗶哩上季業績大致符合預期,但管理層對今年網遊業務及獲批新遊戲的指引更趨審慎,該行料其今年網遊業務收入增長持平,料公司今年前景疲弱。
嗶哩嗶哩昨晚公佈截至去年第四季度業績,淨營業額總額達57.81億人民幣按年增加51%,當中移動遊戲營業額升15%至13億人民幣。增值服務營業額升52%至19億人民幣。廣告營業額升120%至15.9億人民幣。電商及其他營業額升35%至10億人民幣。
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公司去年第四季淨虧損由8.4億元擴大至21億人民幣。經調整淨虧損由6.92億元擴大至16.6億人民幣。每股基本及攤薄淨虧損爲5.34元;經調整每股基本及攤薄淨虧損爲4.22元人民幣。去年第四季月均活躍用戶達2.717億,而移動端月活用戶達2.524億,按年分別增加35%及35%。董事會已批準一項股份回購計劃,公司可於未來24個月內回購最多5億美元的美國存託股。公司現時對2022年第一季度淨營業額進行了展望,預計將達到53億元至55億元。
【季績符預期 憂網遊前景】
瑞銀髮表報告表示,嗶哩嗶哩上季業績大致符合預期,但管理層對今年網遊業務及獲批新遊戲的指引更趨審慎,或將損其毛利率,該行料其今年網遊業務收入增長持平,料公司今年前景疲弱。
該行表示,對嗶哩嗶哩2022年每股虧損預測由13.59元下修至15.78元人民幣,將對其2023年每股虧損預測由7.68元下修至10.55元人民幣,但將對其2024年每股虧損預測由2.29元上修至0.21元人民幣
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本網綜合2間券商對嗶哩嗶哩-SW(09626.HK)投資評級及目標價:
券商│投資評級│目標價
摩根大通│增持│660港元
富瑞│買入│483港元
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下表列出5間券商對嗶哩嗶哩(BILI.US)投資評級及目標價:
券商│投資評級│目標價
摩根大通│增持│85美元
富瑞│買入│62美元
瑞銀│買入│63美元->57美元
野村│買入│52美元
摩根士丹利│與大市同步│32美元
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券商│觀點
摩根大通│去年四季度及今季業績符預期,利潤率前景及回購計劃消息正面
富瑞│ 去年四季度業績符預期,惟首季收入增長指引較預期低
瑞銀│遊戲業務拖累2022年整體毛利率,下調目標價
野村│去年四季度業績符預期,毛利率跌幅較預期小
摩根士丹利│ 去年四季度業績勝預期,廣告收入強勁遭較弱遊戲業務所抵銷
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