Core Viewpoint - Goldman Sachs has issued a report indicating that Damai Entertainment (01060) is expected to report a positive profit forecast for the first half of the fiscal year 2026, with net profit attributable to shareholders projected to be no less than 500 million RMB, exceeding Goldman Sachs' expectations by 7% [1] Financial Performance - The significant growth in net profit is primarily driven by strong year-on-year growth in the Aliyu business and a reduction in investment losses compared to the previous year [1] - For the upcoming financial results announcement on November 13, Goldman Sachs forecasts total revenue to reach 3.7 billion RMB, representing a 20% year-on-year increase, mainly driven by an 84% growth in the IP business segment [1] Business Segments - In the IP business segment, Goldman Sachs anticipates continued strong contributions from Sanrio China, while newly introduced IPs, including Chiikawa, are expected to double the gross merchandise volume (GMV) of Aliyu [1] - The growth of Aliyu is expected to surpass that of Sanrio China, considering the contributions from newly introduced IPs and the expansion of product sales [1] Investment Rating - Goldman Sachs maintains a "Buy" rating for Damai Entertainment, with a 12-month target price set at 1.3 HKD based on the sum-of-the-parts (SOTP) valuation method [1]
高盛：维持大麦娱乐(01060)“买入”评级 上半年盈喜正面超预期