CITIC Securities: DA MAI Entertainment (01060.HK) sees high growth in IP revenue, gives a "buy" rating.

According to the Zhixun Finance and Economics APP, Zhongtai Securities released a research report stating that based on the annual report, considering that Dama Entertainment (01060.HK) overseas business and IP retail and self-operated businesses are still in the early investment period, it is expected that the company will achieve total revenue of 8.917/10.255/12.095 billion yuan in FY27-29 (compared to 9.234/11.728 billion yuan in the previous FY27-28), with a year-on-year increase of +11%/+15%/+18%; Achieve a net profit attributable to the parent company of 0.876/1.023/1.209 billion yuan in FY27-29 (compared to 1.514/1.965 billion yuan in the previous FY27-28), with a year-on-year increase of +24%/+17%/+18%. The company is a leading player in the field of performance and IP licensing, and has been upgraded to a "hold" rating.