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《大行報告》招商證券上調嗶哩嗶哩(BILI.US)目標價至20美元 評級「增持」
招商證券發表評級報告指,嗶哩嗶哩(BILI.US)第二季收入按年增長8%至53億元人民幣,非通用會計準則經營虧損和淨虧損收窄,而日均活躍用戶(DAU)創新高至9,650萬,按年增長15%。管理層提到與阿里巴巴(09988.HK)合作,並在618期間帶來的廣告收入按年增長300%,該行預計今年廣告收入將按年增長29%。 該行表示,公司計劃下半年發布7款遊戲,包括5款國內遊戲和2款海外遊戲,同時計劃於8月30日上線《閃耀!優駿少女》,預計將主要貢獻於第四季收入。該行預計,由於新遊推遲發布以及去年《時空獵人3》帶來的按年高基數,第三季遊戲收入將按年下降30%,但有望在新遊戲發布的帶動下,第四季回升至按年增長15%。該行又預料,下半年增值服務業務收入將保持按年19%的健康增長。 該行預測,今年集團收入將達到229億元人民幣,按年增長5%,非通用會計準則淨虧損為34億元人民幣,明年則收窄至12億元人民幣。該行將其目標價由19美元上調至20美元(149港元上調至157港元),維持其「增持」評級。(ca/u) ~
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