Investment Rating - The investment rating for the company is "Buy" (maintained) [1][11][36] Core Insights - The company achieved a record high net profit attributable to shareholders in 2023, with a significant year-on-year growth of 357% [2][9][26] - The company's revenue for 2023 was 967 million HKD, representing a year-on-year increase of 39.2% [3][26] - The company has expanded its market share in experiential marketing to 12.7%, with a total of 590 brand clients, and 80% of clients being international [26] - The company is actively expanding its business in other Asia-Pacific regions and has successfully hosted high-profile marketing events [21][34] Financial Summary and Valuation Metrics - Revenue and net profit projections for 2024-2026 are as follows: - 2024E Revenue: 1,204 million HKD, Net Profit: 141 million HKD - 2025E Revenue: 1,456 million HKD, Net Profit: 172 million HKD - 2026E Revenue: 1,720 million HKD, Net Profit: 206 million HKD - Corresponding EPS for 2024-2026 are projected at 0.21, 0.25, and 0.30 HKD respectively [3][26] - The current P/E ratios for 2024-2026 are 6.3, 5.2, and 4.4 times respectively, indicating a favorable long-term growth outlook [3][26]
港股公司信息更新报告：2023年归母净利创新高，主业竞争优势明显