研報掘金|招商證券:首予中國儒意“增持”評級 看好公司內容產出及盈利能力
招商證券發表報吿,中國儒意以內容製作(儒意影業)+流媒體(南瓜電影)+遊戲(景秀遊戲)三大業務為核心,攜手萬達電影實現強強聯合協同效應,並收購字節遊戲資產進一步擴充遊戲業務,影視行業趨向優質內容主導的大環境下,持續看好公司內容產出及盈利兑現能力,首次覆蓋並給予“增持”評級。該行預計,中國儒意2024至2026年營業收入有望達到49億、66.1億及87.3億元,經調整淨利潤有望達到12.1億、14.6億及7.3億元,對應市盈率為20.4倍、16.9倍、14.2倍。
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