Pop Mart stock was last at HKD 151.50. H1 revenue rose 23.8 percent

Published on 10/08/2026 at 03:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Pop Mart stock's H1 report showed adjusted net profit of CNY 5.16 billion, up 9.5 percent. Revenue reached CNY 17.17 billion, up 23.8 percent, while consensus targets average HKD 179.72.

Pop Mart, KYG7170M1033, Illustration mit AI erstellt.

Pop Mart stock (ISIN KYG7170M1033) was last at HKD 151.50 on HKEX on October 7, 2026 at 4:08 p.m. HKT, up 0.60 percent from HKD 150.60. The latest market reading keeps the share price well below its 52-week high of HKD 291.40, while the company’s first-half figures show continued sales growth alongside slower profit expansion.

Revenue grows faster than profit

According to Moomoo on September 24, 2026, Pop Mart reported first-half 2026 revenue of CNY 17.17 billion, up 23.8 percent year over year. Adjusted net profit under non-IFRS accounting standards reached CNY 5.16 billion, an increase of 9.5 percent.

The gap between the two growth rates is the central operating signal. Gross margin declined from 70.3 percent to 69.7 percent, while basic earnings per share rose 10.5 percent to CNY 3.80, according to Futu on September 24, 2026.

China offsets overseas pressure

China-region revenue increased 47.3 percent to CNY 12.20 billion in the first half, accounting for 71.0 percent of group revenue. Overseas revenue, by contrast, fell 11.1 percent to CNY 4.97 billion, with Asia-Pacific revenue down 9.7 percent and Americas revenue down 16.5 percent, according to Moomoo's September 24, 2026 report.

The product mix also changed materially. Plush revenue climbed 60.0 percent to CNY 9.82 billion and represented 57.2 percent of sales, while THE MONSTERS generated CNY 4.45 billion, down 7.5 percent year over year. Starry People revenue reached CNY 2.65 billion, up 580.6 percent, highlighting both portfolio expansion and the pressure to replace a blockbuster growth base.

Consensus target stays above price

The analyst picture remains more constructive than the share price. Investing.com lists a Buy consensus from 27 analysts, comprising 15 Buy, 8 Hold and 4 Sell ratings, with an average 12-month target of HKD 179.72.

Against the HKD 151.50 last price on October 7, 2026, that consensus target lies 18.0 percent above the price. The comparison leaves the market with two competing signals: a broad analyst expectation of recovery and a reported margin profile that is expanding more slowly than revenue.

Pop Mart stock stays below yearly high

Pop Mart stock was last at HKD 151.50 on HKEX on October 7, 2026 at 4:08 p.m. HKT, with a market capitalization of HKD 200.1 billion and volume of 3,169,536 shares. Its 52-week range was HKD 140.10 to HKD 291.40.