港股异动 | 阅文集团涨超6%,机构看好其打造商业爆款能力及IP产业链联动商业模式

智通财经网
Sep 04, 2025

9月4日,阅文集团涨超6%,机构看好其打造商业爆款能力及IP产业链联动商业模式。

消息面上,今年上半年,阅文集团实现营收31.91亿元;归母净利润8.50亿元,同比上升68.50%。

花旗发布研报称,阅文集团上半年业绩略胜于预期,主要受惠于授权业务增长、短剧表现稳健及IP商品化进展,令非新丽传媒业务利润增长较预期强劲。值得一提的是,此前,阅文集团与王者荣耀启动了“国创内容战略合作计划”,同步发布并上线了《诡秘之主》与王者荣耀联动,本次两大世界级IP联动,系双方深度合作以来,首次实现周边和皮肤同步上线。

天风证券指出,影视领域,阅文精品频出,口碑热度双丰收。今年上半年阅文多部IP改编头部剧集上线,播出期间热度均居平台首位;动画与漫画领域,热门款新番接连不断;短剧领域,高流水精品持续涌现。上半年阅文短剧爆款率显著提升,单个项目最高流水突破8,000万元,位列云合数据霸屏榜第二,全网播放量超30亿。该行认为,阅文有稳定打造商业爆款的能力及实现IP产业链联动的商业模式可行性,长期有望凭借良好内容生态、丰富IP储备及多元商业链拓展能力构筑壁垒,并稳步提升盈利能力。

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