Pop Mart International Group

9992 · HKEX · HKD

$149.20−2.23%−$3.40

Close · October 2, 2026

At a glance

Revenue growth: +184.71%; 2025 vs 2024
Net income growth: +308.76%; 2025 vs 2024
Net margin: 34.4%; 2024: 24.0%

Financial data

Amounts in millions of CNY; per-share values in CNY; shares in millions.

Balance sheet · Quarterly
Item	Q2 2026	Q4 2025	Q2 2025	Q4 2024	Q2 2024	Q4 2023	Q2 2023	Q4 2022	Q2 2022	Q4 2021
Total assets	31,028	32,101	21,357	14,871	11,017	9,969	9,065	8,580	8,590	8,324
Current assets	22,092	24,915	17,851	12,236	8,715	7,683	7,079	6,616	6,842	6,757
Cash and equivalents	12,442	13,775	11,923	6,109	3,609	2,078	1,473	685	1,075	5,265
Short-term investments	1,520	3,450	1,843	3,511	3,401	3,885	4,066	4,356	4,087	—
Receivables	1,384	1,600	972	591	356	355	383	253	330	183
Inventory	6,213	5,615	2,274	1,622	1,016	984	759	1,009	1,156	983
Net property, plant and equipment	5,373	4,209	2,308	1,667	1,416	1,379	1,130	1,151	1,044	976
Goodwill	67.2	69.7	71.9	0.1	0.1	0.1	0.1	0.1	0.1	0.1
Other intangible assets	169	139	207	135	123	116	122	146	119	134
Long-term investments	982	485	529	549	543	579	564	542	539	390
Current liabilities	4,673	7,168	5,923	3,370	2,068	1,733	1,346	1,131	1,026	1,093
Accounts payable	905	1,858	1,628	1,010	555	445	349	259	308	266
Total debt	—	—	1,411	—	—	—	—	—	—	—
Total liabilities	7,740	9,449	6,927	3,986	2,565	2,188	1,759	1,615	1,476	1,504
Total equity (incl. minority)	23,288	22,652	14,430	10,885	8,453	7,780	7,306	6,965	7,114	6,820
Retained earnings	24,190	19,311	10,969	6,535	4,239	3,409	2,746	2,327	2,127	1,851
Minority interest	229	375	246	201	53.6	10.5	2.6	2.0	2.0	1.8