《大行報告》中金料騰訊(00700.HK)今年遊戲收入增長8%至2,221億人幣 評級「跑贏行業」
中金發表報告指,近日騰訊(00700.HK)遊戲業務受到市場關注,除2月國產遊戲版號中,包含兩款騰訊相關遊戲以外(騰訊自研遊戲《王者萬象棋》、暢遊研發騰訊代理的《新天龍八部》),近期《DNF》的韓國開發商Nexon發布第四季財報表現亮眼亦引起關注,財報表示去年Nexon業績增長的重要因素源自於中國市場的收入回暖,主要因《DNF》表現強勁。.
報告指,《DNF手遊》此前已於去年3月在韓國上線,上線不到八個月累計流水接近10億元人民幣。國服方面,雖然已早早獲得版號且原定於2020年8月上線,但此後便一直無進展更新;但根據Nexon財報,《DNF手遊》仍打算在中國推出,也意味著國服上線仍在推進中,且最新的一批進口版號中也有韓國開發商Smile Gate的MMORPG遊戲《Lost Ark》獲批。
該行認為可以對於《DNF手遊》國服的上線做出審慎樂觀的期待,把暫時不上線作為預估的基礎情形,若上線則意味著騰訊中短期內遊戲業務進一步超預期的潛在可能。目前預計今年騰訊遊戲收入或按年增 8%至2,221億元人民幣,其中國內遊戲收入或按年增9%至1,734億元人民幣。予評級「跑贏行業」,目標價475元。
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