从DeepSeek看AI趋势，内需写照可看春节档-华鑫证券-2025-2-5

证券研究报告华鑫证券重燕关注公司及重利预测EPSPE公司代码名兼2025-01-27殷价20232024E投资评纸2025E20232024E2025E300133.SZ华策影视7.550.200.220.2537.5434.3230.20买入300413.SZ芒果超蝶27.781.900.751.0914.6237.0425.49买入002605.SZ姚记科技27.971.361.561.7820.4917.9315.71买入603096.SH新经典19.800.981.111.2520.1117.8415.84买入300058.SZ蓝色光标9.100.05-0.140.18194.03-65.0050.56买入603466.SH风语筑8.890.47-0.170.2518.73-52.2935.56买入603103.SH横店影视14.750.26-0.170.4356.41-86.7634.30买入600986.SH浙文互联6.560.130.180.2050.7736.4432.80买入300788.SZ中信出版33.500.610.831.0554.7540.3631.90买入001330.SZ博纳影业5.96-0.400.360.44-14.8216.5613.55买入002739.SZ万达电影11.000.42-0.420.4826.28-26.1922.92买入300251.SZ光线传蝶9.530.140.340.4366.9228.0322.16买入002292.SZ奥飞娱乐9.760.06-0.180.10154.19-54.2297.60买入300860.SZ锋尚文化27.450.981.041.2228.0026.5022.50未评级300896.SZ爱美客170.028.597.008.4319.7924.2820.16未评级2400.HK心动公司22.63-0.181.321.62-125.7017.0813.95未评级6633.HK青瓷游戏2.79-0.050.120.18-55.8722.4515.83未评级0772.HK阅文集团23.790.791.131.3330.1121.0817.93未评级3738.HK阜博集团3.200.000.030.04-1,009.84106.0672.96未评级9992.HK泡泡玛特87.240.811.872.56107.7146.7334.13未评级0700.HK腾讯控股368.3411.8919.9222.3930.9918.4916.45未评级9626.HK哔哩哔哩-W123.18-11.67-3.271.05-10.56-37.68117.71未评级1024.HK快手-W39.201.443.524.5527.2211.138.62未评级3690.HK关团-W139.392.115.947.7366.0623.4518.02未评级2331.HK李宁14.691.231.221.3411.9812.0810.96未评级2020.HK安踏体育76.493.604.764.8721.2516.0615.71未评级10.0爱奇艺16.170.280.280.1457.7557.75112.45未评级资补来源：Wid,华鑫证券研究（注：港元对人民币汇率取1港元=0.9311元人民币：美元对人民币汇率取1关元=7.2514元人民币：表中股价均为人民币元：“未评级”盈利预测取自万得一致预期)请阅读最后一页重要免责声明诚信、专业、稳健、高效