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《大行報告》中銀國際下調嗶哩嗶哩-W(09626.HK)目標價至93元 料上季收入溫和增長3%
中銀國際發表研報,預期嗶哩嗶哩-W(09626.HK)將於2月底公布去年第四季業績,預測收入將按年溫和增長3%至63億元人民幣,其中廣告及直播業務繼續保持穩健增長,但部分預期會被疲軟的手遊業務所抵銷。 該行預測B站第四季毛利率將持續按季提升至27%,經調整經營虧損率料收窄至9%,憧憬在穩健的廣告和直播業務支持下,可自2024年第三季起實現經營利潤收支平衡,全年收入預測按年增長15%。 中銀國際維持對B站的「持有」評級,將目標價下調至93元,對應2024年主營業務綜合預測市盈率約1.3倍。
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