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《大行報告》富瑞料快手-W(01024.HK)第三季收入按年增19.4%至276億人幣 評級「買入」
阿思達克 10-20 10:34
富瑞發表報告,預計快手-W(01024.HK)第三季收入達到市場預期,盈利將勝市場預計。每月活躍消費者人數持續增長。在「雙11」期間,商家的參與度將符合預期。該行預計,每個日活躍用戶的每日花費時間將較首季增加,整體日活躍用戶數量數量將達到該行預期。 考慮到本季線上營銷收入好於預期,該行預計快手第三季快手總收入按年增長約19.4%,達到276億元人民幣。在電子商務方面,預計其商品成交額將按年增長30%,主要受惠於多元化的產品、商家與KOL的高效配合、低價優質的產品以及對用戶體驗的重視。至於毛利率料增長4.2個百分點至50.5%。另預計國內和海外的成本控制都將穩健。 富瑞預計,快手第三季非國際財務報告準則純利為27.1億元人民幣。預計本季度平均日活躍用戶將達到3.84億,每日活躍用戶花費時間約為127分鐘。該行對快手目標價為113元,評級「買入」。
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