According to a research report published by Morgan Stanley, Maogan Entertainment's non-IFRS net profit forecast was lowered by 12%, mainly due to the increase in impairment losses on accounts receivable mentioned in Yingjing; since the film industry is recovering more slowly than expected, it is believed that the company will continue to face accounts receivable risks next year, so it will lower next year's non-IFRS net profit forecast by 6%. Damo lowered Maoyan Entertainment's target price from HK$6.1 to HK$5.3 to reflect changes in profit forecasts, but maintained a “in sync with the market” rating.

Zhitongcaijing · 1d ago
According to a research report published by Morgan Stanley, Maogan Entertainment's non-IFRS net profit forecast was lowered by 12%, mainly due to the increase in impairment losses on accounts receivable mentioned in Yingjing; since the film industry is recovering more slowly than expected, it is believed that the company will continue to face accounts receivable risks next year, so it will lower next year's non-IFRS net profit forecast by 6%. Damo lowered Maoyan Entertainment's target price from HK$6.1 to HK$5.3 to reflect changes in profit forecasts, but maintained a “in sync with the market” rating.