IT Home June 9th news, according to Sina Technology, there are market rumors today that Pop Mart is going to enter AI toys. Pop Mart people responded: "I haven't heard of it."
IT Home noticed that Pop Mart was founded in 2010. According to the financial report, in 2024, Pop Mart achieved revenue of 13.04 billion yuan, a year-on-year increase of 106.9%, and adjusted net profit of 3.40 billion yuan, a year-on-year increase of 185.9%. Mainland China's revenue was 7.97 billion yuan, a year-on-year increase of 52.3%; overseas and Hong Kong, Macao and Taiwan business revenue was 5.07 billion yuan, a year-on-year increase of 375.2%, accounting for 38.9% of revenue.
In 2024, the revenue of the four major IPs under Pop Mart exceeded 1 billion yuan, and the revenue of the 13 major IPs exceeded 100 million yuan. THE MONSTERS revenue exceeded 3 billion yuan for the first time, and CRYBABY became the fastest IP to enter the 1 billion club. In addition to figures and blind boxes, Pop Mart is also exploring new categories. For example, in 2024, plush became the hottest product of the year, with revenue achieved explosive growth of 1289%, and the proportion of figure revenue dropped to 53.2%.
As of the time of IT Home's publication, the Hong Kong stock price of Pop Mart has reached HK$250.8, with a total market value of HK$336.8 billion (the current exchange rate is approximately RMB 308.501 billion).
