Earnings Alerts

Pop Mart International Group L (9992) Earnings: FY Revenue and Profit Surpass Estimates

  • Pop Mart’s full-year revenue reached 13.04 billion yuan, surpassing the estimated 12.27 billion yuan.
  • In China, the revenue was 7.97 billion yuan, exceeding the projected 7.31 billion yuan.
  • The revenue for Hong Kong, Macau, and other markets was 5.07 billion yuan, higher than the expected 4.57 billion yuan.
  • Gross profit margin stood at 66.8%, compared to the estimated 65.1%.
  • Operating profit totaled 4.15 billion yuan, outperforming the estimate of 3.31 billion yuan.
  • Adjusted net income was reported at 3.40 billion yuan, above the anticipated 2.83 billion yuan.
  • Analyst ratings include 36 buys, 2 holds, and no sells.

Pop Mart International Group L on Smartkarma

Pop Mart International Group L has been receiving positive analyst coverage on Smartkarma, an independent investment research network. David Mudd, in his report “BUY/SELL/HOLD: Hong Kong Stock Updates (October 30)“, highlighted the consumer discretionary sector’s momentum in Hong Kong. Pop Mart exceeded expectations with a 440% growth in revenue outside China, leading to a target price increase by DB. This positive sentiment was mirrored by Devi Subhakesan in the report “Weekly Consumer Tales”, noting Pop Mart’s strong sales growth attributed to the “red lipstick effect” amidst weak consumer spending in China.

Analysts like David Mudd and Devi Subhakesan have pointed out the bright outlook for Pop Mart International Group L, emphasizing its impressive performance and unique market appeal. With increased international revenue and positive growth indicators, Pop Mart seems to be positioning itself well in the consumer industry, garnering favorable sentiments from analysts on Smartkarma.


A look at Pop Mart International Group L Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience5
Momentum5
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Pop Mart International Group Limited, a toys wholesales company, is showing strong potential for long-term growth based on its Smartkarma Smart Scores. With impressive ratings in Growth, Resilience, and Momentum, the company seems well-positioned to capitalize on future opportunities. A high score in Growth indicates a promising outlook for expansion and development, while top scores in Resilience and Momentum suggest the company’s ability to weather challenges and maintain positive performance.

Although Pop Mart International Group may not score as high in Value or Dividend factors, its exceptional ratings in Growth, Resilience, and Momentum paint a favorable picture for investors looking at the company from a long-term perspective. With a focus on trendy toys designing, production, and global marketing, Pop Mart International Group is setting itself up for continued success in the dynamic toys industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Analytics and News
  • ✓ Events & Webinars