The Research Report on Central China Securities Co.Ltd(601375) released on April 30 said that the purchase rating of Wanda Film Holding Co.Ltd(002739) (002739.sz, latest price: 18.32 yuan) was maintained. The reasons for rating mainly include: 1) events: the company issues the 2020 annual report and the 2021 first quarter report; 2) The recovery progress is better than that of the industry as a whole, driving the increase of market share; 3) The impact of goodwill may be significantly weakened in the future; 4) Rich content layout; 5) Adjust the performance commitment period and lock-in period of subsidiaries; 6) Changes in accounting policies reduce short-term net profit, but the overall long-term scale remains unchanged. Risk tip: the expansion progress and cinema operation efficiency are lower than expected; The box office of the content of the produced film is less than expected; The overseas epidemic affects the supply of imported films; The annual box office declined; The overseas epidemic has led to the continuous decline of overseas cinema business.
AI comments: Wanda Film Holding Co.Ltd(002739) in the past month, it has received 11 research reports from securities companies, bought 9 and increased its holdings of 1. The average target price is 20.76 yuan, which is 2.44 yuan higher than the latest price of 18.32 yuan, and the average target price increases by 13.32%.
(Daily Economic News)
