智通财经APP获悉，中金发布研报称，阅文集团(00772)拟8月公布今年上半年业绩，预计收入为31.26亿人民币;非国际财务报告准则(Non-IFRS)净利润4.86亿元，维持“跑赢行业”评级，考虑到行业估值中枢上移，上调目标价20.8%至43.5港元，分别对应2025、2026年非国际财务报告准则市盈率30倍、26倍，较现价有35.7%的上行空间。
中金表示，阅文集团线上业务经营相对稳定，预计上半年收入19.57亿元，同比基本持平。中金又认为，集团线上业务继续承担IP蓄水池作用，维持与作家的良好生态，不断孵化优质IP。
版权营运业务方面，中金预计该业务上半年收入11.69亿元，并维持新丽传媒2025年全年利润3.8亿元的预测。中金又认为，公司优势在于IP资源的丰富性，有望通过加速自营布局以及参投产业链公司延展IP衍生品的品类矩阵，进一步放大IP价值。
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