大行評級丨大摩:騰訊首季業績全方位勝預期 予其“增持”評級及目標價630港元
摩根士丹發表報吿指,騰訊首季業績全方位勝預期,收入同比增長13%,勝市場預期3%。遊戲業務勝預期,該行估算流水同比增加17%,較去年末季加快。廣吿收入同比增長20%,勝市場預期3%。金融科技及企業服務業務收入同比增長近5%,符預期。
首季毛利同比增長20%,勝市場預期6%。毛利率同比增加3.2個百分點至55.8%。非國際財務報吿準則(Non-IFRS)經營溢利同比增長18%,勝市場預期4%。騰訊首季回購171億港元,今年回購目標逾800億港元。首季資本開支275億元,對比去年末季為365億元,全年度資本開支指引為總收入的低雙位數百分比。
大摩予騰訊“增持”評級,目標價為630港元。
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.