You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》美銀證券料快手-W(01024.HK)第三季收入按年升20%符預期 估經調整淨利潤27.2億人幣勝預期
阿思達克 10-20 11:52
美銀證券發表報告指出,預期快手-W(01024.HK)第三季收入符合預期,盈利能力有所上升,估計第三季總收入按年增長20%至277億元人民幣,符合市場市場預期的276億元人民幣;廣告收入按年增長25%至145億元人民幣,主要受惠於內部廣告及外部廣告復甦強勁。 在監管環境收緊的情況下,該行預期快手直播業務按年增長8%至96億元人民幣。毛利率51%,高過市場預期的50%。經調整淨利潤料錄27.2億元人民幣,較市場預期的23.7億元人民幣為高。 該行關注快手業務趨勢,包括電商相關業務有望成為關鍵驅動力,透過改善網紅管理,料實現商品交易總額(GMV)按年增長30%及電商收入增長40%;廣告方面,在電商業務穩健及外部廣告的復甦下,估計公司廣告業務可維持高於行業的25%按年增長;透過向高利潤的電商和廣告業務的組合轉型、控制收入分成和經營槓桿,公司盈利能力有上行空間。 此外,該行對快手第四季及2023至2025年的預測大致不變,目標價86元,重申對其「買入」評級。
Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account