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《大行報告》招銀國際料快手-W(01024.HK)第三季收入按年升20% 經調整淨利潤27.6億人幣勝預期
招銀國際發表研究報告,預期快手-W(01024.HK)第三季收入將達到符合預期的按年升20%,且利潤較預期理想,料經調整淨利潤達27.6億元人民幣,比預期高16%。按細分市場劃分,預計電子商務電商交易總額(GMV)及收入將按年分別增長30%及35%。廣告收入料增26%,由於毛利率改善和海外虧損收窄,料經調整利潤率達10%,高於預期的8.6%。該行預計集團每日活躍用戶數量(DAU)為3.84億,每日用戶瀏覽時間逾126.8分鐘。 該行表示,由於市場擔心騰訊(00700.HK)可能減持,快手股價出現短期回調。快手管理層已澄清指,騰訊尚未討論相關計劃,並在股東大會上表示無意減持股份。為了反映今年第三季較預期更好的利潤率,將2023的盈利預測上調7.2%,2024及25年的預測則保持不變,並維持目標價97元及「買入」評級。
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