Pop Mart (09992) rose more than 4%, as of press time, up 4.14%, at HKD 38.95, with a turnover of HKD 0.101 billion.
According to the Wisdom Finance app, Pop Mart (09992) rose more than 4%, up 4.14% as of press time, at HKD 38.95 with a turnover of HKD 0.101 billion.
On the news front, Pop Mart recently announced its earnings report, and is expected to see a year-on-year increase of no less than 55% in revenue and no less than 90% in profit for the first half of the year. The company benefits from its wide range of product categories, increased IP recognition, and rapid growth in overseas and Chinese Hong Kong, Macao and Taiwan regions. The company has also optimized its product costs, strengthened cost control, and achieved economies of scale. Zhejiang Securities points out that the company has entered a stage of non-linear growth this year, with breakthroughs in IP categories, upgrades in operations, increased global influence of IP, and potential for continued growth momentum, as scale effects and supply chain optimization drive significant profit optimization.
Meanwhile, TF Securities stated that the company's new product categories have been successful, with the logic of going abroad to Southeast Asia having been verified. On the revenue side, domestically, high-attention products have been launched in an orderly manner, and are expected to drive same-store sales growth. Overseas, high-speed store expansions in Southeast Asia and other regions are expected to contribute to performance flexibility with high per-store sales. On the profit side, the optimization of economies of scale costs and the increase in the proportion of overseas stores are expected to raise the level of gross profit margin.