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一路发财1687
一路发财1687
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2025-02-28
$D-Wave Quantum Inc.(QBTS)$
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一路发财1687
一路发财1687
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2025-01-24
$NANO Nuclear Energy Inc(NNE)$
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一路发财1687
一路发财1687
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2025-01-24
$NANO Nuclear Energy Inc(NNE)$
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一路发财1687
一路发财1687
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2024-02-23
$Kodiak Gas Services, Inc,(KGS)$
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一路发财1687
一路发财1687
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2024-02-15
$黑莓(BB)$
👍👍👍 https://www.prnewswire.com/news-releases/blackberry-is-first-mdm-vendor-to-receive-bsi-clearance-for-blackberry-uem-brightsite-usage-with-apple-indigo-302060115.html
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一路发财1687
一路发财1687
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2023-01-20
$Alphabet(GOOGL)$
Lift off. We are gonna lift off to the moon🚀🚀🚀
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一路发财1687
一路发财1687
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2022-12-16
$BioVie Inc(BIVI)$
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一路发财1687
一路发财1687
·
2022-12-03
Great ariticle, would you like to share it?
CICC: Tiger International's 3Q22 Performance Exceeded Expectations, Continuous Strengthening of Internationalization Strategy
预测 3Q22 Non-GAAP净利润环比+9%。
CICC: Tiger International's 3Q22 Performance Exceeded Expectations, Continuous Strengthening of Internationalization Strategy
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一路发财1687
一路发财1687
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2022-12-02
$Tiger Brokers(TIGR)$
🚀🚀🚀To the moon
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一路发财1687
一路发财1687
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2022-10-06
$BlackBerry(BB)$
Good ⛽⛽🛫
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We are gonna lift off to the moon🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956721019","isVote":1,"tweetType":1,"viewCount":2665,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928306062,"gmtCreate":1671184994757,"gmtModify":1676538505399,"author":{"id":"3574605043611727","authorId":"3574605043611727","name":"一路发财1687","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574605043611727","idStr":"3574605043611727"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BIVI\">$BioVie Inc(BIVI)$ </a>Nice 🤑🤑🤑","listText":"<a href=\"https://ttm.financial/S/BIVI\">$BioVie Inc(BIVI)$ </a>Nice 🤑🤑🤑","text":"$BioVie Inc(BIVI)$ Nice 🤑🤑🤑","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9928306062","isVote":1,"tweetType":1,"viewCount":2773,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9965414227,"gmtCreate":1669997499670,"gmtModify":1676538286222,"author":{"id":"3574605043611727","authorId":"3574605043611727","name":"一路发财1687","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574605043611727","idStr":"3574605043611727"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9965414227","repostId":"1164238220","repostType":2,"repost":{"id":"1164238220","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1669358882,"share":"https://ttm.financial/m/news/1164238220?lang=en_US&edition=fundamental","pubTime":"2022-11-25 14:48","market":"us","language":"zh","title":"CICC: Tiger International's 3Q22 Performance Exceeded Expectations, Continuous Strengthening of Internationalization Strategy","url":"https://stock-news.laohu8.com/highlight/detail?id=1164238220","media":"老虎资讯综合","summary":"预测 3Q22 Non-GAAP净利润环比+9%。","content":"<p>Analysts: Yao Zeyu, Pu Han, Fan You</p><p><b>3Q22 Results Beat Our Expectations</b></p><p>Tiger Brokers' 3Q22 total revenue was-9%/quarter-over-quarter +4% to US$55.41 million, and Non-GAAP net profit was +26%/quarter-over-quarter +91% to US$6.63 million, exceeding our previous expectation of US$3.76 million, mainly due to the higher-than-expected growth of trading commission income and interest-related income, and the improvement of operating efficiency under superimposed refined cost operation, which further improved profitability quarter-over-quarter.</p><p><b>Development trend</b></p><p>Australia and New Zealand contributed nearly 1/5 of new users, and customer assets declined due to the market impact, but net deposits were relatively strong. In the third quarter, the company added 23,000 to 754,000 paying users, of which nearly 80% came from overseas regions (the proportion of Australia and New Zealand increased to 19%), and the customer retention rate remained at a high level of 98%. In terms of user assets, the net deposit of customers exceeded USD 700 million. However, due to the impact of the continuous decline of the US stock market on the net value, the customer assets reached USD 13 billion by-13% month-on-month, and the average customer assets reached USD 17,000 by-15% month-on-month. Among them, the quality of customers in Singapore continued to improve, and the average net deposit of new customers exceeded USD 11,000 (vs. 2Q/1Q: $US 9,000/8,000); The balance of financing and financing was-5% from the previous month to US$1.6 billion, and the penetration rate of customer assets was 12%.</p><p>Net trading commission and interest income exceeded expectations, and refined cost operation led to improved profitability. 3Q trading commission, net interest income and other income accounted for 48%:44%:8% of net income respectively, of which: 1) trading commission was-27% year-on-year/ -13% quarter-on-quarter to US$24.5 million, corresponding to the comprehensive turnover rate of-0.07x to 5.6x quarter-on-quarter and the comprehensive commission rate of-5% quarter-on-quarter to 3.1bps; 2) Net interest income +42% year-on-year/ +82% month-on-month to US$22.64 million, mainly benefiting from the improvement of capital utilization efficiency under the promotion of self-liquidation of the rate hike cycle; 3) Other business income was-45% year-on-year/ -57% month-on-month to US$3.96 million, mainly affected by the IPO market. In terms of expenses, the total operating expenses were-13% year-on-year/ -9% month-on-month to US$47.29 million, of which: the execution and liquidation costs driven by the promotion of liquidation were-16% month-on-month, and the corresponding fee rate was-0.5ppt month-on-month to 13.1%; Marketing cost-12% month-on-month, corresponding single customer cost +9% month-on-month to $326; Staff expenses/communication and marketing expenses/G&A expenses were-6%/ -9%/ -19% respectively quarter-on-quarter.</p><p>Elastic target under the promotion of market risk appetite; The internationalization strategy continued to strengthen. In the short term, we expect that the marginal recovery of market trading volume may provide some support for the company's performance, and at the same time, the market risk appetite will increase under the easing of short-term platform economic supervision; Looking ahead, the self-liquidation of the company's US stock underlying shares has basically been completed, and new product functions continue to be launched (such as the launch of US stock Fractional Share trading, the launch of tiger purse in Singapore, etc.), the competitive advantage of Singapore market has been consolidated, the contribution of new customers in Australia and New Zealand has increased, and the layout of retail exhibition in Hong Kong, China has been accelerated (the company is expected to officially start exhibition in December). We expect that it will provide growth momentum for the company's long-term user growth and further improvement of profit margin.</p><p><b>Earnings Forecast and Valuation</b></p><p>We raised our '22 earnings to $14.36 million (vs. $8.72 million previously) and our' 23 earnings by 18% to $37.55 million, considering higher-than-expected growth in commission and interest income and improved profitability from stacked refined cost operations. The company is currently trading at 20x 23e P/E, raising its target price by 19% to $6.4, corresponding to 28x 23e P/E and 42% upside; Maintains an Outperform Industry rating.</p><p><b>Risk</b></p><p>Regulatory policy uncertainty; The Hong Kong and US stock markets fluctuated sharply; Internationalization expansion was lower than expected.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CICC: Tiger International's 3Q22 Performance Exceeded Expectations, Continuous Strengthening of Internationalization Strategy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCICC: Tiger International's 3Q22 Performance Exceeded Expectations, Continuous Strengthening of Internationalization Strategy\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2022-11-25 14:48</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Analysts: Yao Zeyu, Pu Han, Fan You</p><p><b>3Q22 Results Beat Our Expectations</b></p><p>Tiger Brokers' 3Q22 total revenue was-9%/quarter-over-quarter +4% to US$55.41 million, and Non-GAAP net profit was +26%/quarter-over-quarter +91% to US$6.63 million, exceeding our previous expectation of US$3.76 million, mainly due to the higher-than-expected growth of trading commission income and interest-related income, and the improvement of operating efficiency under superimposed refined cost operation, which further improved profitability quarter-over-quarter.</p><p><b>Development trend</b></p><p>Australia and New Zealand contributed nearly 1/5 of new users, and customer assets declined due to the market impact, but net deposits were relatively strong. In the third quarter, the company added 23,000 to 754,000 paying users, of which nearly 80% came from overseas regions (the proportion of Australia and New Zealand increased to 19%), and the customer retention rate remained at a high level of 98%. In terms of user assets, the net deposit of customers exceeded USD 700 million. However, due to the impact of the continuous decline of the US stock market on the net value, the customer assets reached USD 13 billion by-13% month-on-month, and the average customer assets reached USD 17,000 by-15% month-on-month. Among them, the quality of customers in Singapore continued to improve, and the average net deposit of new customers exceeded USD 11,000 (vs. 2Q/1Q: $US 9,000/8,000); The balance of financing and financing was-5% from the previous month to US$1.6 billion, and the penetration rate of customer assets was 12%.</p><p>Net trading commission and interest income exceeded expectations, and refined cost operation led to improved profitability. 3Q trading commission, net interest income and other income accounted for 48%:44%:8% of net income respectively, of which: 1) trading commission was-27% year-on-year/ -13% quarter-on-quarter to US$24.5 million, corresponding to the comprehensive turnover rate of-0.07x to 5.6x quarter-on-quarter and the comprehensive commission rate of-5% quarter-on-quarter to 3.1bps; 2) Net interest income +42% year-on-year/ +82% month-on-month to US$22.64 million, mainly benefiting from the improvement of capital utilization efficiency under the promotion of self-liquidation of the rate hike cycle; 3) Other business income was-45% year-on-year/ -57% month-on-month to US$3.96 million, mainly affected by the IPO market. In terms of expenses, the total operating expenses were-13% year-on-year/ -9% month-on-month to US$47.29 million, of which: the execution and liquidation costs driven by the promotion of liquidation were-16% month-on-month, and the corresponding fee rate was-0.5ppt month-on-month to 13.1%; Marketing cost-12% month-on-month, corresponding single customer cost +9% month-on-month to $326; Staff expenses/communication and marketing expenses/G&A expenses were-6%/ -9%/ -19% respectively quarter-on-quarter.</p><p>Elastic target under the promotion of market risk appetite; The internationalization strategy continued to strengthen. In the short term, we expect that the marginal recovery of market trading volume may provide some support for the company's performance, and at the same time, the market risk appetite will increase under the easing of short-term platform economic supervision; Looking ahead, the self-liquidation of the company's US stock underlying shares has basically been completed, and new product functions continue to be launched (such as the launch of US stock Fractional Share trading, the launch of tiger purse in Singapore, etc.), the competitive advantage of Singapore market has been consolidated, the contribution of new customers in Australia and New Zealand has increased, and the layout of retail exhibition in Hong Kong, China has been accelerated (the company is expected to officially start exhibition in December). We expect that it will provide growth momentum for the company's long-term user growth and further improvement of profit margin.</p><p><b>Earnings Forecast and Valuation</b></p><p>We raised our '22 earnings to $14.36 million (vs. $8.72 million previously) and our' 23 earnings by 18% to $37.55 million, considering higher-than-expected growth in commission and interest income and improved profitability from stacked refined cost operations. The company is currently trading at 20x 23e P/E, raising its target price by 19% to $6.4, corresponding to 28x 23e P/E and 42% upside; Maintains an Outperform Industry rating.</p><p><b>Risk</b></p><p>Regulatory policy uncertainty; The Hong Kong and US stock markets fluctuated sharply; Internationalization expansion was lower than expected.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9e51dca4aea5a4f4975d48e2264c0446","relate_stocks":{"TIGR":"老虎证券"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164238220","content_text":"分析员:姚泽宇、蒲寒、樊优3Q22业绩超过我们预期老虎证券3Q22总收入同比-9%/环比+4%至5,541万美元,Non-GAAP净 利润同比+26%/环比+91%至663万美元,超过我们此前376万美元的预 期,主要由于交易佣金收入及利息相关收入增长超预期、叠加精细化成本运 营下经营效率提升,推动盈利能力环比进一步改善。发展趋势澳新地区贡献近1/5新用户,客户资产受市场影响有所回落、但净入金较为 强劲。公司3Q新增付费用户2.3万人至75.4万人,其中近八成来自于海外 地区(澳新地区占比提升至19%),客户留存率维持98%高位。用户资产方 面,客户净入金超7亿美元、但受美股市场持续下行对净值的影响,客户资 产环比-13%至130亿美元、客均资产环比-15%至1.7万美元,其中新加坡 客户质量持续提升、新客户平均净入金破1.1万美元(vs. 2Q/1Q:$US 9,000/8,000);两融余额环比-5%至16亿美元、客户资产渗透率为12%。交易佣金及利息净收入超预期、精细化成本运营带动盈利能力改善。3Q交易佣金、利息净收入、其他收入分别占净收入的48%:44%:8%,其 中:1)交易佣金同比-27%/环比-13%至2,450万美元,对应综合换手率 环比-0.07x至5.6x、综合佣金率环比-5%至3.1bps;2)利息净收入同比+42%/环比+82%至2,264万美元,主要受益于加息周期叠加自清算推进 下资金运用效率提升;3)其他业务收入同比-45%/环比-57%至396万美 元,主要受IPO市场影响。费用方面,总营业费用同比-13%/环比-9%至4,729万美元,其中:自清算推进带动执行及清算成本环比-16%、对应费 率环比-0.5ppt至13.1%;营销成本环比-12%、对应单客成本环比+9%至326美元;员工费用/通讯及市场费/G&A费用分别环比-6%/-9%/-19%。市场风险偏好提升下的弹性标的;国际化战略持续强化。短期而言,我们 预计市场成交量边际回暖或对公司业绩形成一定支撑,同时短期平台经济监 管缓解下市场风险偏好有所提升;往前看,公司美股正股自清算已基本完 成,新产品功能持续上线(如推出美股碎股交易、在新加坡推出老虎钱袋子 等),新加坡市场竞争优势巩固、澳新地区新增客户贡献提升、中国香港地 区零售展业布局加快(公司预计将于12月正式开始展业),我们预计将为 公司长期用户增长及利润率进一步提升提供增长动能。盈利预测与估值考虑佣金及利息收入增长超预期、叠加精细化成本运营下盈利能力改善,我 们上调22年盈利至1,436万美元(vs.前值872万美元),上调23年盈利18%至3,755万美元。公司当前交易于20x 23e P/E,上调目标价19%至6.4美元,对应28x 23e P/E及42%上行空间;维持跑赢行业评级。风险 监管政策不确定性;港美股市场大幅波动;国际化拓展低于预期。","news_type":1,"symbols_score_info":{"TIGR":0.9}},"isVote":1,"tweetType":1,"viewCount":2415,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9965495473,"gmtCreate":1669995523792,"gmtModify":1676538285576,"author":{"id":"3574605043611727","authorId":"3574605043611727","name":"一路发财1687","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574605043611727","idStr":"3574605043611727"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a>🚀🚀🚀To the moon","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a>🚀🚀🚀To the moon","text":"$Tiger Brokers(TIGR)$ 🚀🚀🚀To the moon","images":[{"img":"https://community-static.tradeup.com/news/1d2dcfa41345736c1157941294a8303f","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9965495473","isVote":1,"tweetType":1,"viewCount":3834,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9915155424,"gmtCreate":1665004192069,"gmtModify":1676537540462,"author":{"id":"3574605043611727","authorId":"3574605043611727","name":"一路发财1687","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574605043611727","idStr":"3574605043611727"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BB\">$BlackBerry(BB)$</a>Good ⛽⛽🛫","listText":"<a href=\"https://ttm.financial/S/BB\">$BlackBerry(BB)$</a>Good ⛽⛽🛫","text":"$BlackBerry(BB)$Good ⛽⛽🛫","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9915155424","isVote":1,"tweetType":1,"viewCount":2692,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}