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《大行報告》富瑞:網易-S(09999.HK)回購計劃反映對長遠前景信心
阿思達克 11-18 10:32
富瑞發表研究報告指出,網易-S(09999.HK)第三季收入按年增長10.1%至244億元人民幣,符合預期。遊戲及相關增值服務收入,包括網絡遊戲營運及其他相關配套服務,按年增長9.1%至187億元人民幣。非公認會計準則下純利增至75億元人民幣,遠超過市場預期的49億元人民幣及該行預期的54億元人民幣。 該行認為,暴雪遊戲發行授權不續期對網易財務影響有限,認為公司將有多款海外遊戲管道於日本、美國及歐洲發布。此外,雖然宏觀環境存在不確定性,但相信公司遊戲開發的核心競爭力保持不變。至於網易新的回購計劃反映對長遠前景信心。將其H股目標價由212元降至164元,評級「買入」。
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