欢喜传媒-港股公司研究报告-影视创新先锋内容与平台并重-240625（18页）

报告摘要

HuanxiMediaGroupLimited(1003HK)EquityResearchCompanyResearchMedia(HS)1/18东吴证券（香港）请务必阅读正文之后的免责声明部分请务必阅读正文之后的免责声明部分Pioneeringfilminnovation,HuanxiMediafocusesonbothcontentandplatformOutperform(Initiation)Forecast Valuation2023A2024E2025E2026ERevenue(HKDmn)1,332.79817.40901.51968.68Growth(YoY%)9678.39-38.6710.297.45Netprofit(HKDmn)159.14122.94178.18192.99Growth(YoY%)171.74-22.7544.948.31EPS(HKD)0.040.030.05P/E(X)14.0217.2511.9010.99InvestmentThesisHuanxiMediaisaninnovativefilmcontentinv...