前言:25Q1季度爱奇艺实现营收入71.86亿,同比下降9.35%,收入表现低于此前预期,实现经调净利润3.04亿,同比下降64%,经营表现再度低于预期,部分费用支出稀释了利润表现,结合本季度经营表现,下修公司全年收入、利润及估值。按ADS为1.71美元计算,对应2024/2025E经调整市盈率为7.8/8.3倍。观点行业方面,长视频领域已形成7.5亿用户规模基础。以50%付费转化率及20-25元...
Source Link前言:25Q1季度爱奇艺实现营收入71.86亿,同比下降9.35%,收入表现低于此前预期,实现经调净利润3.04亿,同比下降64%,经营表现再度低于预期,部分费用支出稀释了利润表现,结合本季度经营表现,下修公司全年收入、利润及估值。按ADS为1.71美元计算,对应2024/2025E经调整市盈率为7.8/8.3倍。观点行业方面,长视频领域已形成7.5亿用户规模基础。以50%付费转化率及20-25元...
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