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《大行報告》花旗升騰訊音樂(TME.US)目標價至9美元 料末季業績符預期
花旗發表報告指,預計騰訊音樂(TME.US)去年第四季業績將大致符合該行及市場預期。該行將集團2023年收入和非通用會計準則(non-GAAP)淨利潤預測各下調0.1%,而2024年則分別上調0.1%和0.7%、2025年亦分別上調0.7%和0.8%。 對於去年第四季,該行預計集團總收入按年跌9%至67.3億元人民幣,而市場普遍預期為66.7億元人民幣,經調整淨利潤料15.5億元人民幣,而市場預期為15.6億元人民幣。該行預期,集團的線上音樂總收入將按年增36%至48.4億元人民幣;毛利率及營運利潤率分別升至37.1%及26.4%。 展望今年首季,該行預計集團總收入按年跌7%至64.9億元人民幣;毛利率為37.1%;經調整淨利潤達15億元人民幣。該行將公司美股目標價由8.4美元上調至9美元,評級「中性」。
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