Pop Mart International Group Limited (9992) AI Stock Analysis

• Market Cap: €306.01B
• Dividend Yield: 0.39%
• Average Volume (3M): 15.06M
• Price to Earnings (P/E): 41.9
• Beta (1Y): 0.41
• Revenue Growth: 176.86%
• EPS Growth: 342.12%
• Country: HK
• Employees: 5,692
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Leisure
• EPS (TTM): 3.74
• Shares Outstanding: 1,342,943,100
• 10 Day Avg. Volume: 13,651,935
• 30 Day Avg. Volume: 15,063,567
• PEG Ratio: 0.19
• Price to Book (P/B): 10.50
• Price to Sales (P/S): 8.60
• P/FCF Ratio: 25.27
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €382.42
• Price Target Upside: 67.58% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 21

• Rating: 69 Neutral
• Price Target: HK$254.00 ▲(11.31% Upside)

Pop Mart International Group Limited's strong financial performance is the most significant factor, driven by impressive revenue growth and a robust balance sheet. However, technical analysis indicates bearish momentum, and the valuation suggests the stock may be overvalued. The absence of earnings call and corporate events data means these factors do not influence the overall score.

Positive Factors

Revenue Growth

The impressive revenue growth indicates strong market demand and successful product offerings, positioning the company for sustained expansion in the designer toy industry.

Profit Margins

High profit margins reflect efficient operations and strong pricing power, enabling the company to maintain profitability even in competitive markets.

Balance Sheet Health

A low debt-to-equity ratio suggests a strong balance sheet, providing financial flexibility and reducing risk during economic downturns.

Negative Factors

Cash Flow Data Limitations

Lack of current cash flow data hinders accurate assessment of liquidity and operational efficiency, potentially impacting financial planning and investment decisions.

Valuation Concerns

High valuation ratios may limit upside potential and attract scrutiny, especially if growth expectations are not met, impacting investor sentiment.

Technical Analysis Bearish Trend

Persistent bearish technical indicators could signal underlying market concerns, potentially affecting investor confidence and stock performance.

Pop Mart International Group Limited Business Overview & Revenue Model

Company Description

Pop Mart International Group Limited (9992) is a leading player in the designer toy industry, primarily known for its art toys and collectible figurines. Headquartered in China, the company operates in the retail and entertainment sectors, offering a wide range of products that appeal to collectors and fans of pop culture. Pop Mart collaborates with various artists and designers to create unique, limited edition toys that are sold through its extensive retail network, including brick-and-mortar stores, online platforms, and vending machines.

How the Company Makes Money

Pop Mart International Group Limited generates revenue through the sale of its designer toys and collectible figurines. The company capitalizes on the growing demand for collectible items by offering a diverse range of products, often in collaboration with renowned artists and designers. Key revenue streams include sales from its retail outlets, e-commerce platforms, and automated retail vending machines. Pop Mart also benefits from licensing deals and partnerships that expand its product offerings and market reach. The company's strategic focus on brand building, product innovation, and expanding its distribution network significantly contributes to its earnings.

Pop Mart International Group Limited Financial Statement Overview

Summary

Pop Mart International Group Limited showcases strong financial performance with impressive revenue and profit growth, efficient operations, and a robust balance sheet with low leverage. The company's financial structure is stable, although some concerns arise from the lack of available current cash flow data. Overall, the company stands out for its significant growth trajectory and sound financial health.

Income Statement

Pop Mart International Group Limited demonstrates strong revenue growth with a significant increase from 6.3 billion to 13.0 billion, reflecting a growth rate of over 106% year-on-year. The company maintains impressive gross and net profit margins at 66.8% and 24.0% respectively, indicating high profitability. EBIT and EBITDA margins are robust at 31.9% and 34.6%, showcasing operational efficiency. These metrics highlight a trajectory of strong growth and profitability.

Balance Sheet

The balance sheet is solid, with a debt-to-equity ratio of 0.09, indicating low leverage and financial stability. Return on Equity stands at 29.3%, reflecting efficient use of equity. The equity ratio of 71.8% further emphasizes strong equity positions relative to total assets, suggesting a low-risk financial structure. Overall, the balance sheet reflects a stable and well-capitalized financial position.

Cash Flow

While cash flow metrics like operating cash flow to net income ratio and free cash flow to net income ratio could not be calculated due to data unavailability, previous years show positive free cash flow generation. However, the absence of current operating and free cash flow data poses a potential risk in assessing cash flow stability. The historical ability to generate free cash flow is a positive sign, but current data limitations impact the overall cash flow assessment.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	22.36B	13.04B	6.30B	4.62B	4.49B	2.51B
Gross Profit	15.55B	8.71B	3.86B	2.65B	2.76B	1.59B
EBITDA	9.26B	4.51B	2.12B	1.28B	1.63B	964.19M
Net Income	6.78B	3.13B	1.08B	475.66M	854.34M	523.50M
Balance Sheet
Total Assets	21.36B	14.87B	9.97B	8.58B	8.32B	6.97B
Cash, Cash Equivalents and Short-Term Investments	13.78B	9.63B	5.97B	5.05B	5.29B	5.68B
Total Debt	1.41B	964.56M	792.81M	741.13M	621.45M	291.77M
Total Liabilities	6.93B	3.99B	2.19B	1.61B	1.50B	840.30M
Stockholders Equity	14.18B	10.68B	7.77B	6.96B	6.82B	6.13B
Cash Flow
Free Cash Flow	2.83B	4.44B	1.60B	543.40M	445.35M	479.77M
Operating Cash Flow	3.05B	4.95B	1.99B	891.02M	779.10M	703.36M
Investing Cash Flow	-324.63M	8.96M	233.94M	-4.70B	-648.00M	-216.94M
Financing Cash Flow	-242.53M	-958.50M	-841.56M	-1.18B	-435.83M	4.87B

Pop Mart International Group Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 228.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9992, the sentiment is Negative. The current price of 228.2 is below the 20-day moving average (MA) of 256.74, below the 50-day MA of 277.29, and above the 200-day MA of 205.50, indicating a neutral trend. The MACD of -9.69 indicates Positive momentum. The RSI at 34.39 is Neutral, neither overbought nor oversold. The STOCH value of 12.49 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:9992.

Pop Mart International Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9992	―	€306.01B	41.90	62.28%	0.39%	176.86%	342.12%
0869	―	$649.00M	44.72	1.28%	12.73%	-44.36%	-93.64%
Sector *	―	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
0635	―	$1.10B	―	-8.58%	8.49%	-39.71%	-74.16%
6918	―	HK$151.39M	―	-19.89%	―	84.26%	44.41%
0419	―	HK$679.27M	―	-113.77%	―	-27.43%	-68.12%
2255	―	HK$9.38B	-5.60	-50.43%	―	-8.83%	-393.39%

Pop Mart International Group Limited Corporate Events

Pop Mart Reports Significant Revenue Growth in Q3 2025

Pop Mart International Group Limited announced a substantial increase in revenue for the third quarter of 2025, with an overall growth of 245%-250% compared to the same period in 2024. The company experienced significant growth in both domestic and international markets, with notable increases in online sales and remarkable revenue surges in regions such as America and Europe. This growth highlights Pop Mart’s strengthening position in the global market and its successful expansion strategy.

The most recent analyst rating on (HK:9992) stock is a Sell with a HK$225.00 price target. To see the full list of analyst forecasts on Pop Mart International Group Limited stock, see the HK:9992 Stock Forecast page.

Pop Mart Grants 38,289 Awards to Employees Under Share Scheme

Pop Mart International Group Limited announced the grant of 38,289 awards under its Post-IPO Share Award Scheme, aimed at rewarding employees for their past performance and aligning their interests with the company’s growth. The awards, which have a vesting period from the second to fourth anniversary, are designed to encourage long-term contributions to the company’s growth and profitability. The scheme will utilize existing shares held by the trustee, with no new shares issued, ensuring no dilution of current shareholders’ equity.

The most recent analyst rating on (HK:9992) stock is a Hold with a HK$287.00 price target. To see the full list of analyst forecasts on Pop Mart International Group Limited stock, see the HK:9992 Stock Forecast page.

Pop Mart Grants 58,362 Awards to Boost Long-term Growth

Pop Mart International Group Limited announced the grant of 58,362 awards under its Post-IPO Share Award Scheme on August 29, 2025. This initiative aims to reward employees and service providers for their contributions and align their interests with the company’s long-term growth. The awards, which have specific vesting periods and performance targets, are intended to incentivize continued contribution to the company’s success. The scheme will not involve issuing new shares, as existing shares held by the trustee will be used. This strategic move underscores Pop Mart’s commitment to retaining talent and fostering growth, potentially enhancing its market position.

The most recent analyst rating on (HK:9992) stock is a Buy with a HK$368.00 price target. To see the full list of analyst forecasts on Pop Mart International Group Limited stock, see the HK:9992 Stock Forecast page.

Pop Mart Reports Robust Growth in H1 2025 Financial Results

Pop Mart International Group Limited reported a significant financial performance for the first half of 2025, with revenue reaching RMB 13.88 billion, marking a 204.4% increase compared to the same period in 2024. The company’s gross profit and operating profit also saw substantial growth, increasing by 234.4% and 436.5% respectively, indicating a strong operational performance and enhanced market positioning.

The most recent analyst rating on (HK:9992) stock is a Buy with a HK$312.00 price target. To see the full list of analyst forecasts on Pop Mart International Group Limited stock, see the HK:9992 Stock Forecast page.

Pop Mart Announces Board Meeting for Interim Results

Pop Mart International Group Limited has announced a board meeting scheduled for August 19, 2025, to consider and approve the interim results for the first half of the year ending June 30, 2025. This meeting is crucial as it will determine the company’s financial performance and potentially impact its market positioning and stakeholder interests.

The most recent analyst rating on (HK:9992) stock is a Buy with a HK$312.00 price target. To see the full list of analyst forecasts on Pop Mart International Group Limited stock, see the HK:9992 Stock Forecast page.