《大行報告》大摩輕微上調阿里影業(01060.HK)目標價至0.45元 評級「與大市同步」
摩根士丹利發報告指出,阿里影業(01060.HK)2023財年上半年收入按年增長85%表現強勁,營運溢利按年升118%。公司於電影製作/發行和戲劇製作的市場份額增加,主要受與優酷所推動。儘管行業面臨下行風險,但該行對公司內容業務增長具有信心。
該行表示,對阿里影業2023至2025財年收入預測上調6%至9%,以反映更好的內容收入(上調13%至19%)、線上票務平台大麥推動的更好技術收入(上調7%至10%),但部分被較弱的IP業務所抵銷(下調19%至31%)。
大摩表示,對阿里影業2023至2025財年的純利預測下調10%至12%,目標價由0.44元微升至0.45元,維持「與大市同步」評級。
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