Understanding the Market | POP MART rises over 4% again, last year's financial performance exceeded expectations, and overseas online sales show explosive growth
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POP MART's stock price rose over 4% again, up 4.15% as of the time of writing, priced at HKD 163, with a transaction volume of HKD 328 million. The company's 2024 performance exceeded expectations, with a year-on-year revenue increase of 106.9%, a gross profit margin of 66.8%, and a net profit margin of 25.4%. Among them, domestic market revenue increased by 52.3%, while overseas market revenue increased by 375.2%. The Southeast Asian and North American markets performed strongly, growing sixfold and fivefold, respectively. The company is expected to focus on expanding the North American market to drive continuous growth in overseas business
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