本报告导读:盈利能力显著提升,内容生态持续优化。在线音乐业务稳定增长,社交娱乐业务承压。AI 赋能音乐创作与内容生态,推动播客创作升级与用户体验革新。投资要点:盈利预测与投 资建议:我们预计公司FY2025E-FY2027E 经调整净利润为18.04/19.64/21.98 亿元(FY2025E/FY2026E 前值为13.5/16.6亿元)。参考可比公司估值,给予FY2025 年PE 22X,...
Source LinkDisclaimer: 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.