《大行報告》招商證券料嗶哩嗶哩-W(09626.HK)第三季收入按年持平 盈利改善趨勢穩固
招商證券發表評級報告,預計嗶哩嗶哩-W(09626.HK)第三季收入按年持平,按季增長9%,並下調了今年下半年的收入預測,主要由於遊戲業務表現較為疲軟,但部分被增值服務和廣告業務的強勁表現所抵銷。
該行預計,集團調整後經營虧損率為13.7%,虧損率延續按季收窄的趨勢,並認為在持續的服務器/帶寬成本上的降本增效、規模提升、銷售及研發費用等經營費用節省的推動下,公司正穩步邁向轉虧為盈。公司的經營數據穩步提升,第三季日活和視頻觀看量等數據均按季提升。
該行指,新遊戲《閃耀!優駿少女》因合規問題被下架,相反在海外表現不俗,料對下半年遊戲收入作出顯著貢獻。公司表示,已完成對其修改,目前正在等待監管機構批准再次發行。
該行預計,集團收入今年全年達227億元人民幣,按年增長4%,非通用會計準則淨虧損達34億元人民幣,明年則收窄至11億元人民幣。該行維持其目標價為102.3元及其評級為「增持」。(ca/cy)
~
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.