POP MART (09992.HK) shares surged 5.23% in early trading on Wednesday, reaching a record high since its December 2020 debut. The Chinese pop toy products maker and supplier's stock climbed on the back of impressive first-quarter revenue figures for 2025.
According to the company's announcement, POP MART's overall Q1 2025 revenue soared between 165% and 170% year-over-year. The growth was particularly strong in overseas operations, which saw a staggering 475% to 480% surge. Meanwhile, revenue from mainland China jumped 95% to 100% compared to the same period last year.
Citi has maintained a "buy" rating on POP MART, noting that the Q1 revenue growth significantly outperformed their guidance of approximately 100% year-over-year. Analysts expect the company to accelerate the diversification of its supply chain and potentially raise prices to mitigate the impact of increased tariffs in the U.S. market. Additionally, the rollout of new products could serve as a short-term catalyst for further stock appreciation. With this latest surge, POP MART's stock has more than doubled year-to-date, reflecting strong investor confidence in the company's growth trajectory.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。