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《大行》里昂:快手(01024.HK)第一季業績符預期 維持67元目標價
阿思達克 05-28 11:19
里昂發表報告指,快手(01024.HK)第一季業績符合預期,總營收和經調整淨利分別為326億和46億人民幣,較去年同期增長10.9%/4.4%。快手電商GMV維持健康,按年增長15%至3,320億人民幣,線上營銷服務收入僅按年增8%。 該行預期第二季快手GMV按年增長可能放緩至13.5%,線上營銷服務收入增長可能低於GMV,料年成長率12%,但其他服務的營收在「可靈AI」營收的帶動下可能有20%以上的按年增長。於第二季,該行料快手收入/經調整淨利可能分別較去年同期增長11.6%/10%至346億/51億人民幣。電子商務競爭的不確定性可能會被人工智能的提振部分抵銷。重申快手「跑贏大市」評級及目標價67港元。
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