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<Research>CICC Forecasts NTES-S 4Q25 Revenue to Grow 7%, Non-GAAP NP to Fall 15%
Recommend 3 Positive 7 Negative 4 |
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CICC has released a research report predicting that NTES-S (09999.HK) will deliver steady results for 4Q25, with revenue expected to have grown by 7% YoY to RMB28.5 billion, shy of the market forecast of RMB28.8 billion. Due to potential investment and exchange losses, NTES-S' non-GAAP net profit is also estimated to have declined by 15% YoY to RMB8.25 billion, below the market expectation of RMB9.23 billion. CICC has kept an Outperform rating on NTES-S, with a target price of HKD275. AAStocks Financial News |
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