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《大行》富瑞微升閱文集團(00772.HK)目標價至36元 料將解鎖IP機遇
阿思達克 08-13 11:05
富瑞研究報告指,閱文集團(00772.HK)中期收入按年跌23.9%至32億元人民幣,較市場及該行預期高1.4%與3.5%,主要因IP營運及其他收入(撇除新麗傳媒)好過預期。非國際財務報告準則(Non-IFRS)盈利表現好過預期,因毛利率較好及嚴格管控成本。 管理層強調將憑藉其豐富及熱門的IP儲備,把握IP衍生商品與授權業務的機會。針對新麗傳媒,該行重申此前觀點,認爲劇集業務收入將於下半年釋放;AI技術亦有望賦能營運端及作家端,並優化用戶體驗。該行維持「買入」評級,目標價由35元升至36元。
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