奥飞娱乐公司深度报告：整装待发，泛娱乐航母再起航

请务必阅读正文之后的重要声明部分[Table_Title]评级：增持(首次)市场价格：15.45目标价格：17.58分析师：康雅雯执业证书编号：S0740515080001电话：021-20315097Email：kangyw@r.qlzq.com.cn联系人：臧琨电话：Email：zangkun@r.qlzq.com.cn[Table_Profit]基本状况总股本(百万股)1,308流通股本(百万股)753市价(元)15.45市值(百万元)20,208流通市值(百万元)11,633[Table_QuotePic]股价与行业-市场走势对比(46%)(35%)(23%)(11%)1%13%4/21/165/16/166/14/167/19/168/12/169/6/169/30/1610/31/1611/22/1612/14/161/13/172/13/173/7/173/29/17奥飞娱乐沪深300相关报告[Table_Finance]公司盈利预测及估值指标2015A2016A2017E2018E2019E营业收入（百万元）2,589.173,360.674,546.585,471.296,358.67增长率yoy%6.56%29.80%35.29%20.34%16.22%净利润489.04498.44620.04791.32989.33增长率yoy%14.26%1.92%24.39%27.62%25.02%每股收益（元）0.390.380.470.610.76每股现金流量-0.080.140.150.300.53净资产收益率16.14%10.39%11.45%12.75%13.75%P/E133.7159.56