JimmyHua
03-28

$POP MART(09992)$

+349.59% in 2024 Full Year

+56.94% 2025 YTD

Earnings is out.

Another "Eye-Blinding Earnings" report that beat the crap out of street expectations.

The focus, the huga mama focus, remains in the overseas (i.e. outside of Mainland China) contribution to the revenue which I have been following closely in its development since last year.

This is the growth engine, that Pop Mart started to report in 2022, that hugely expand its TAM.

To illustrate how crazy is the growth of this overseas segment, I did up a simple Excel Bar Chart. The bright green is the contribution to the revenue.

+375% yoy Overseas growth!

Talking about solid fundamentals? The overall picture:

Revenue +106.9%

Net Profit +185.9%

PM% +550 basis points to 66.8%, ath!

Chartwise, there was a pre-earnings fear (together with the general weakness in the market) yesterday, which push the price down to the prior high volume open gap area of $125, which I took the chance of buying back the 1/3 which I recently trimmed.

Great fundamentals drive strong charts.

Pop Mart & Mixue Improve Profit! Which One is a Safer Bet?
Pop Mart released its earnings, with revenue of RMB 13.04 billion (+107% YoY), exceeding market expectations (market expected around +80%). Q4 single-quarter revenue growth is expected to surpass 120% YoY. Gross margin, operating margin, and net profit margin all showed YoY growth. After a 10% surge, can Pop Mart's earnings continue to support its high valuation?
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Comments

  • EdwardHughes
    03-31
    EdwardHughes
    Wow, what an impressive growth story! 😲👏
  • JamesWalton
    03-31
    JamesWalton
    Amazing growth! 🚀
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