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《大行報告》建銀國際上調騰訊(00700.HK)目標價至445元 季績勝預期動力持續
阿思達克 11-17 13:45
建銀國際發表報告指,騰訊(00700.HK)第三季收入1,546億元人民幣,按年增長10%,符合市場預期,非公認會計準則(non-IFRS)純利按年增長39%至449億元人民幣,較市場預期高出12%,主要受惠毛利率提升及一般開支減少。展望第四季,相信新遊戲《Maple Story》表現穩定,加上計劃推出的新遊戲,將會推動本地遊戲收入增長,估計遊戲收入按年升9%,當中本地遊戲業務增長7%、國際遊戲業務增長13%。 該行料騰訊增長動力持續,估計第四季利潤率繼續改善,non-IFRS純利料按年增長38%至409億元人民幣,維持「跑贏大市」評級,升今年至2025年各年盈測分別6%、5%及6%,以反映季績勝預期,及上調對其利潤率預測;目標價由433元上調至445元,相當於預測明年市盈率22倍。
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