里昂发表报告，预测阅文集团2025年上半年经调整净利润按年下降31%至4.81亿元，其中新丽传媒(NCM)因期内未有发行剧集或电影，预计录得2000万元亏损。若剔除NCM业务，该行将经调整净利润预测由4.58亿元上调至5.01亿元，相当于按年增长25%，创历史新高，主要受惠于IP授权需求强劲、IP衍生商品及短剧业务的强劲表现。NCM业务方面，该行维持2025年全年利润预测3.3亿元不变。 该行将阅文集团2025年及2026年整体经调整净利润预测分别上调4%至13.5亿元及15.7亿元，基于IP衍生商品的增长潜力，并将目标价由34港元上调至35港元，维持“跑赢大市”评级。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.