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Profile & Fundamentals

Pop Mart Profile & Fundamentals

Name: Pop Mart financial chart data preview
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Company and Market Context

Company Profile & Ownership

Pop Mart International Group Limited, an investment holding company, designs, develops, and sells pop toys in the People's Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company offers blind boxes. It sells its products through a network of retail stores and roboshops; online channels, including Tmall flagship store, DouYin, Pop Draw, and other online channels; and wholesale channels and others. The company also provides internet technology, customer, and technology development services; and operates playgrounds, as well as engages in investment and exhibition activities. Pop Mart International Group Limited was founded in 2010 and is headquartered in Beijing, the People's Republic of China.

Company profile record

Pop Mart International Group Ltd

Common Stock · Consumer Discretionary · Leisure Products

Official website

Company

Company / asset: Pop Mart International Group Ltd
Security type: Common Stock
Sector: Consumer Discretionary
Industry: Leisure Products
HQ: 🇨🇳 China
Head office: Puxiang Center, Beijing, China, 100102

Leadership & scale

Chief executive: Mr. Ning Wang
CEO year born: 1988
Full-time employees: 12.1K
Fiscal year end: December

Fundamentals snapshot

Updated 2026-08-23

Market Cap: HKD 206.0B
P/E: 9.4x
Revenue (Q2 26): CNY 16.9B
Profit (Q2 26): CNY 5.0B
Dividend Yield: 1.8%
Revenue (FY 25): CNY 36.2B
Shares in public float: 653.2M
Insider ownership: 50%

Reporting & identifiers

Symbol: 9992.HKEX
Listing: 🇭🇰 Hong Kong | Dividend Tax: 0%
Ticker Currency: HKD
Income Statement Currency: CNY
Balance Sheet Currency: CNY
Cash Flow Currency: CNY
EPS Currency: CNY
Contract Type: SPOT
ISIN: KYG7170M1033
Asset ID: equity_804a2def-b0be-59de-ae2c-48ecef21117b

Ownership

Shares Outstanding

Shares outstanding

Annual reported shares outstanding. Values in shares.

Earnings, Profitability & Valuation

Earnings & Revenue

Revenue, Net Income, and Free Cash Flow

Revenue
Free cash flow
Net income

Annual reported financial results, converted using the statement's recorded USD conversion. Missing values are omitted. Values in USD.

Valuation

Historical P/E Ratio

Published P/E

Published valuation snapshots. Trailing four-quarter earnings where available; annual earnings otherwise. Non-positive earnings are omitted. Values in times earnings.

Profitability & Margins

AI Review

The company commands rare pricing power within consumer retail, defending gross profit margins near 70%. In fiscal 2025, operating margins peaked above 45% during the viral crest of plush sales. For the first half of 2026, gross margins held firm at 69.7%, although adjusted net margins adjusted toward 30% due to overseas investments. This margin resilience demonstrates that customers purchase emotional brand connection rather than cheap plastic toys. While foreign store opening expenses and export shipping duties create modest near-term overhead, the underlying unit profitability provides an immense cushion against rising costs and inflationary pressures.

Profitability Margins

Gross margin
Operating margin
Net margin
Free cash flow margin

Annual gross, operating, net income and free cash flow divided by revenue for matching reporting dates. Values in percent.

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Reported Data Tables — chart preview

The following tables contain the same values as the financial charts above. Monetary values are USD; margins are percentages. Missing inputs are not estimated. Use is subject to the iPulse AI Terms of Service and applicable source rights.

Source: eodhd. Statement snapshots with chart transformations and ratios calculated by iPulse AI. Snapshot retrieved 2026-08-25.

Annual earnings and profitability
Period end	Revenue	Free cash flow	Net income	Gross margin	Operating margin	Net margin	Free cash flow margin
2017-12-31	24,281,720.43	590,541.94	241,013.82	47.61	2.77	0.99	2.43
2018-12-31	74,783,575.58	21,076,327.62	14,465,261.63	57.92	25.97	19.34	28.18
2019-12-31	241,872,701.15	57,103,924.71	64,815,804.6	64.77	35.57	26.8	23.61
2020-12-31	384,911,332.31	69,460,963.09	80,169,218.99	63.42	28.6	20.83	18.05
2021-12-31	706,077,201.26	69,933,427.2	134,330,031.45	61.43	25.6	19.02	9.9
2022-12-31	669,177,391.3	81,680,233.77	68,936,231.88	57.49	12.63	10.3	12.21
2023-12-31	806,786,427.66	226,484,782.82	138,584,379	61.32	19.53	17.18	28.07
2024-12-31	1,677,959,974.26	583,922,873.75	402,248,777.35	66.79	31.86	23.97	34.8
2025-12-31	5,173,010,586.55	1,383,400,587.98	1,780,406,294.71	72.1	45.53	34.42	26.74

Published valuation snapshots
Period end	P/E (times earnings)	Earnings basis
2025-12-31	14.77	Trailing four quarters
2024-12-31	28.22	Trailing four quarters
2022-12-31	49.92	Annual net income
2021-12-31	58.83	Annual net income

Shares outstanding — chart values
Reporting date	Shares outstanding
2017-01-01	1,381,580,400
2018-01-01	1,381,580,400
2019-01-01	1,154,566,000
2020-01-01	1,271,703,000
2021-01-01	1,379,071,000
2022-01-01	1,356,160,000
2023-01-01	1,335,505,000
2024-01-01	1,333,059,000
2025-01-01	1,342,942,000
2026-01-01	1,327,866,000

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