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.
《大行報告》瑞信下調嗶哩嗶哩-SW(09626.HK)目標價至338元 評級「跑贏大市」
瑞信發表研究報告,指嗶哩嗶哩-SW(09626.HK)將首季淨營業額指引下調6%,至中位數50.5億元人民幣,以反映上海自3月中以來「封城」的影響。該行預期公司的電商業務收入按年增長放緩至15%,廣告業務收入按年增長放緩至45%,毛利率預測將由18%降至16%,經調整虧損預測下修至16.5億元人民幣。 此外,該行指由於「封城」及產品升級,令嗶哩嗶哩首季的月均活躍用戶按年增長32%至2.94億,超過預期,而單個用戶日均使用時間達至創紀錄的95分鐘。不過,展望第二季,公司電商收入或因物流影響而面臨大幅下跌,影響交付。 瑞信將嗶哩嗶哩2022及2023財年盈利預測下調16%及7%,H股目標價由390元降至338元,維持「跑贏大市」評級,認為公司第二季收入或因「封城」影響而觸底,毛利率面臨進一步跌至13%的壓力,但對公司長期變現潛力預測保持不變。
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