Pop Mart International Group Ltd Ordinary Shares

09992: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Pop Mart Earnings: Valuation Raised by 19% on Strong Profit Outlook; Shares Fairly Valued

Chokwai Lee

Aug 20, 2025

Pop Mart posted strong results for the first half of 2025, with revenue and operating profit surging by 204% and 437% year on year, respectively. These are mainly driven by stellar revenue growth in margin-accretive overseas markets such as the Americas and by increased operating leverage.

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Pop Mart International Group Ltd Ordinary Shares

Pop Mart Earnings: Valuation Raised by 19% on Strong Profit Outlook; Shares Fairly Valued

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