Pop Mart 9992

[winston]

not vested

Pop Mart posts near-fourfold surge in interim net profit

First-half net profit skyrocketed nearly four times, as 13 artistic intellectual properties generated revenue exceeding 100 million yuan (HK$108.6 million).

Reported a net profit of around 4.6 billion yuan, 3.97 times more than the same period last year, while adjusted net profit recorded 4.71 billion yuan, marking a growth of 3.63 times.

Revenue surged 2.04 times to 13.88 billion yuan.

Sales in the Chinese market contributed 8.28 billion yuan, a year-on-year increase of 135 percent.

Source: The Standard

https://www.thestandard.com.hk/tech-and ... le/309353/

[winston]

not vested

<Hindsight>Brokers' Latest TPs, Views on POP MART Post-results

POP MART (09992.HK) announced its interim results after the market closed yesterday (19th).

Broker│Investment Rating│Target Price (HKD)
BofA Securities│Buy│370
Morgan Stanley│Overweight│365
Huatai Securities│Buy│348
Citi│Buy│384.5
JPMorgan│Overweight│340
Nomura│Buy│330
CLSA│Outperform│318
Jefferies│Buy│315.2
Goldman Sachs│Neutral│260

Broker | View
BofA Securities | Strong growth
Morgan Stanley | Interim results beat positive profit alert
Huatai Securities | Global momentum of IP portfolio remained sturdy
Citi | Interim results as robust as expected
JPMorgan | Vigorous overseas growth supported margin improvement
Nomura | Interim sales and earnings growth on the fast track
CLSA | Interim net profit and adjusted net profit beat, but results guidance remained key
Jefferies | Results better than expected
Goldman Sachs | Interim earnings above the broker's expectations and the positive profit alert, and operating margin expansion beat

Source: AAStocks Financial News

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN

[winston]

not vested

Global cultural icon accelerating expansion

Following a remarkable 1H25, Pop Mart expedites expansion of its global footprint (+200 stores this year, vs. earlier guidance of +100), expects overseas sales to surpass domestic by end-2025

Targets at full-year revenue of >RMB30bn (revised from RM20bn) and net margin of c.35%, driven by scale, regional optimisation, and cost efficiencies

Raise FY25/26 earnings by 20%/18% on higher margins, and revise TP to HKD368 on robust business outlook and ample room for revenue diversification; maintain BUY

Source: DBS

https://www.dbs.com/insightsdirect/comp ... ecid=27429

[behappyalways]

Mini Labubu makes a splash before listing;
"Popmart" stock makes its debut on the Hang Seng Index

迷你Labubu未上先轟動 「泡瑪」股票首納恒指｜TVBS新聞 ‪@TVBSNEWS02‬

https://m.youtube.com/watch?v=MufYJ1O-vP4

[winston]

not vested

Pop Mart’s new mini Labubu doll sells out instantly across China online retail channels

The new batch of 28 standard edition Labubus, which stand about 10.5 centimetres (4.1 inches) tall and come in a variety of colours, were priced at 79 yuan (S$14.2) apiece in China.

The company also began sales of a larger, more premium version of the doll sold for 499 yuan and a Labubu-themed pendant.

The robust demand in China bodes well for launches in major overseas markets including the US, Thailand and Australia.

Source: Business Times

https://www.businesstimes.com.sg/lifest ... l-channels

[behappyalways]

Labubu's successor? The rise of the "Star Man" of Popo Ma, selling out of stock

Labubu接班人? 泡瑪「星星人」崛起賣斷貨｜TVBS新聞 ‪@TVBSNEWS02‬

https://m.youtube.com/watch?v=DUAFrKpmfWw