Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €19.40, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 9x in the Specialty Retail industry in Germany. Total returns to shareholders of 863% over the past three years. Board Change • May 21
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Lian Wu was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Mar 05
Pop Mart International Group Limited to Report Fiscal Year 2025 Results on Mar 25, 2026 Pop Mart International Group Limited announced that they will report fiscal year 2025 results on Mar 25, 2026 Board Change • Dec 30
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lian Wu was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €36.20, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 7x in the Specialty Retail industry in Germany. Total returns to shareholders of 1,424% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €35.53 per share. Reported Earnings • Aug 19
First half 2025 earnings released: EPS: CN¥3.44 (vs CN¥0.69 in 1H 2024) First half 2025 results: EPS: CN¥3.44 (up from CN¥0.69 in 1H 2024). Revenue: CN¥13.9b (up 204% from 1H 2024). Net income: CN¥4.57b (up 397% from 1H 2024). Profit margin: 33% (up from 20% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has increased by 135% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Aug 19
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 30% to €31.60. The fair value is estimated to be €25.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 54%. For the next 3 years, revenue is forecast to grow by 25% per annum. Earnings are also forecast to grow by 28% per annum over the same time period. Board Change • Aug 18
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lian Wu was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Aug 04
Pop Mart International Group Limited to Report First Half, 2025 Results on Aug 19, 2025 Pop Mart International Group Limited announced that they will report first half, 2025 results on Aug 19, 2025 Tillkännagivande • May 28
Pop Mart International Group Limited Approves Final Dividend for the Year Ended December 31, 2024, Payable on June 20, 2025 Pop Mart International Group Limited at its AGM held on May 27, 2025, approved a final dividend of Renminbi ("RMB") 81.46 cents per Share issued for the year ended December 31, 2024 (the "Final Dividend") will be paid in Hong Kong Dollar ("HKD") on June 20, 2025 to the Shareholders whose names shall appear on the register of members of the Company on June 4, 2025. Tillkännagivande • Mar 11
Pop Mart International Group Limited to Report Fiscal Year 2024 Results on Mar 26, 2025 Pop Mart International Group Limited announced that they will report fiscal year 2024 results on Mar 26, 2025 Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to €8.80, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 7x in the Specialty Retail industry in Germany. Total returns to shareholders of 59% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.98 per share. Buy Or Sell Opportunity • Oct 19
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 52% to €7.35. The fair value is estimated to be €6.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 77% in 2 years. Earnings are forecast to grow by 101% in the next 2 years. Valuation Update With 7 Day Price Move • Oct 02
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to €6.40, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 7x in the Specialty Retail industry in Germany. Total returns to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.09 per share. Reported Earnings • Sep 25
First half 2024 earnings released: EPS: CN¥0.69 (vs CN¥0.35 in 1H 2023) First half 2024 results: EPS: CN¥0.69 (up from CN¥0.35 in 1H 2023). Revenue: CN¥4.56b (up 62% from 1H 2023). Net income: CN¥921.3m (up 93% from 1H 2023). Profit margin: 20% (up from 17% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 21
First half 2024 earnings released: EPS: CN¥0.69 (vs CN¥0.35 in 1H 2023) First half 2024 results: EPS: CN¥0.69 (up from CN¥0.35 in 1H 2023). Revenue: CN¥4.56b (up 62% from 1H 2023). Net income: CN¥921.3m (up 93% from 1H 2023). Profit margin: 20% (up from 17% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Tillkännagivande • Aug 08
Pop Mart International Group Limited to Report First Half, 2024 Results on Aug 20, 2024 Pop Mart International Group Limited announced that they will report first half, 2024 results on Aug 20, 2024 New Risk • Jul 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Jun 04
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 89% to €4.46. The fair value is estimated to be €3.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 4.8%. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings are also forecast to grow by 23% per annum over the same time period. Tillkännagivande • May 23
Pop Mart International Group Limited Approves Final Dividend for the Year Ended December 31, 2023, Payable on June 12, 2024 Pop Mart International Group Limited announced that at the AGM held on May 21, 2024, the company approved final dividend of 28.21 RMB cents per issued ordinary share of the Company for the year ended December 31, 2023, will be paid in HKD on June 12, 2024 to the Shareholders whose names shall appear on the register of members of the Company on May 30, 2024. Buy Or Sell Opportunity • May 07
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 104% to €4.24. The fair value is estimated to be €3.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 4.8%. For the next 3 years, revenue is forecast to grow by 20% per annum. Earnings are also forecast to grow by 23% per annum over the same time period. Reported Earnings • Apr 26
Full year 2023 earnings released: EPS: CN¥0.81 (vs CN¥0.35 in FY 2022) Full year 2023 results: EPS: CN¥0.81 (up from CN¥0.35 in FY 2022). Revenue: CN¥6.30b (up 37% from FY 2022). Net income: CN¥1.08b (up 127% from FY 2022). Profit margin: 17% (up from 10% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Germany. Board Change • Apr 02
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lian Wu was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Mar 21
Pop Mart International Group Limited, Annual General Meeting, May 21, 2024 Pop Mart International Group Limited, Annual General Meeting, May 21, 2024. 
