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研報掘金丨國聯民生:維持崑崙萬維“買入”評級 AI應用及短劇商業化加速
格隆匯 06-10 16:04

國聯民生證券研報指出,崑崙萬維(300418.SZ)24年歸母淨利潤-15.9億元,同比轉虧;2025Q1歸母淨利潤-7.7億元,同比虧損擴大。公司2024年及2025Q1營收同比增速分別為15.2%/46.1%,保持較快增長。營收穩步增長,淨利潤承壓。2024年,公司AI應用商業化持續推進。其中AI社交單月最高收入突破100萬美元,成為海外收入增速最快的國產AI應用之一。另外,2025年4月,平台短劇《訂婚風暴》上線5天后播放量破千萬,推動平台於4月12日登頂韓國Google Play娛樂應用暢銷榜首。維持“買入”評級。

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