#PopMartEarningsWatch
About PopMartEarningsWatch
Pop Mart's H1 revenue rose 23.8% YoY to RMB17.17B, while attributable net profit grew 10.1% to RMB5.04B, lagging sales. The growth engine is shifting too: Greater China grew 47.3%, but Asia-Pacific and the Americas fell 9.7% and 16.5%. THE MONSTERS, home to LABUBU, fell ~7.5%, while Twinkle Twinkle grew nearly sixfold to become the No. 2 IP. With overseas growth cooling, weaker margins and slower inventory turnover, can multiple IPs sustain growth and valuation? Share your take under this topic.
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👀 O relatório financeiro da Pop Mart já foi divulgado — você tem confiança nesse relatório? Criar e postar sobre esse tema vai te render um prêmio 🏅
🔥 Destaques do Relatório Financeiro do Pop Mart: O motor de crescimento está mudando, a LABUBU esfria e o Star People assume forte o controle!
Por um lado, a receita no mercado chinês cresceu 47,3%, tornando-se o principal motor de crescimento; Enquanto isso, a receita na Ásia-Pacífico e nas Américas caiu 9,7% e 16,5%, respectivamente, com os negócios no exterior resfriando significativamente.
O desempenho da PI também foi dividido: a empresa da LABUBU teve uma queda de cerca de 7,5% na receita, enquanto a Star People cresceu quase seis vezes, rapidamente se tornando a segunda maior propriedade intelectual da empresa.
Os internautas estão polarizados: você acha que a Pop Mart está se libertando com sucesso da dependência do LABUBU, ou seu crescimento geral está começando a atingir um gargalo?
👇 Tendências #财报观察员: Mudanças de crescimento da Pop Mart — podem múltiplas IPs assumir o controle? Escreva seu julgamento e participe de atividades criativas:
1️⃣ Período de seleção: 18 a 23 de agosto
2️⃣ Sinta-se à vontade para citar e comentar o conteúdo de notícias na página do Pop Mart Market $POPMART to Planet; Elimine repostagens não autorizadas, conteúdo em massa de IA e ordens infundadas.
Para mais regras de atividades criativas, por favor, veja a seção de comentários~
Além disso, OKX agora suporta contratos perpétuos $POPMART Pop Mart, margem unificada de USDT e × de negociação 24 horas por dia, 7 dias por semana!
Os benefícios VIP × Hong Kong e ações dos EUA aumentaram simultaneamente: Agora negocie ativos de Hong Kong e dos EUA, e basta um terço do volume de negociação de Hong Kong para acessar o VIP 1 e desbloquear mais benefícios exclusivos de VIP!
华尔街见闻
Pop Mart: 6 principais IPs ultrapassam 1 bilhão no primeiro semestre, 11 IPs com receita acima de 100 milhões
Pop Mart: No primeiro semestre, as 6 principais IPs do grupo geraram receita superior a 1 bilhão, 11 IPs tiveram receita acima de 100 milhões, THE MONSTERS liderou com receita de 4,45 bilhões de yuans, seguido por Xingxingren com receita de 2,65 bilhões de yuans, com um crescimento superior a 580%. No relatório semestral, Pop Mart opera globalmente 676 lojas físicas e 2827 lojas robóticas, com mais de 100 milhões de membros registrados no mundo todo. No mercado chinês, opera 455 lojas, com receita de 12,2 bilhões de yuans, alcançando um crescimento de 47,3%. Embora o número de lojas não tenha aumentado significativamente, o desempenho cresceu de forma estável, com melhoria na qualidade operacional. Até o momento, Pop Mart estabeleceu áreas de escritório em mais de 20 países e regiões globalmente, e abriu sedes regionais em Los Angeles, Londres, Singapura, entre outros locais. O número global de funcionários ultrapassa 12.000, com uma base de talentos mais sólida, e o fortalecimento da organização oferece suporte sólido para o desenvolvimento de longo prazo dos negócios.
Pop Mart’s latest results tell a more complicated story. 📊
Revenue hit ¥17.17B, up 23.8%, but net profit rose only 10.1%—growth is still strong, but profitability is slowing.
The bigger question is whether new IPs like Star People can fill the gap as LABUBU cools off. Six IPs generating over ¥100M is encouraging, but overseas weakness shows the global expansion story still needs proof.
Pop Mart is growing, but the next stage is about IP durability, margins, and overseas execution.
Pop Mart earnings are one I’m genuinely curious about because this isn’t just a normal retail story anymore. The company has managed to turn characters and collectibles into something closer a global culture and entertainment business
For me, the biggest thing to watch isn’t simply how many Labubu figures or blind boxes they sell. I’m more interested in whether the hype around their major IPs can actually translate into repeat customers and sustainable international growth
$BTC #BTC77KFlowTest
#XiaomiQ2Earnings
Xiaomi is slowly becoming something bigger than a smartphone company.
Its EV business is starting to change the conversation. Phones built the ecosystem.
Cars could expand it. The real question isn't whether EVs saved the quarter. It's whether they're becoming Xiaomi's biggest growth engine.
Would you value Xiaomi differently today?
Pop Mart’s latest report looks mixed. 📊 Revenue hit ¥17.17B, up 23.8%, but net profit grew only 10.1%, showing clear pressure on profitability.
LABUBU is cooling, while Star People’s sales surged nearly 6x. 🚀 The positive is that six IPs generated over ¥100M, proving Pop Mart can diversify beyond one hit. But declining Asia-Pacific and Americas sales mean overseas growth remains a concern. 🌍📉
#BTCRallyOrSqueeze #AnthropicIPONears #PopMartEarningsWatch
Pop Mart’s latest results tell a more complicated story. 📊
Revenue hit ¥17.17B, up 23.8%, but net profit rose only 10.1%—growth is still strong, but profitability is slowing.
The bigger question is whether new IPs like Star People can fill the gap as LABUBU cools off. Six IPs generating over ¥100M is encouraging, but overseas weakness shows the global expansion story still needs proof.
Pop Mart is growing, but the next stage is about IP durability, margins, and overseas execution.
Pop Mart earnings are one I’m genuinely curious about because this isn’t just a normal retail story anymore. The company has managed to turn characters and collectibles into something closer to a global culture and entertainment business.
For me, the biggest thing to watch isn’t simply how many Labubu figures or blind boxes they sell. I’m more interested in whether the hype around their major IPs can actually translate into repeat customers and sustainable international growth.
That’s always the difficult part with trend-driven businesses. A viral character can create explosive demand, but keeping consumers interested after the initial excitement fades is a completely different challenge.
Personally, I think Pop Mart’s overseas performance will tell us a lot. If international sales continue growing and newer characters can succeed alongside its biggest IPs, that would make the business much more interesting to me long term. If growth remains heavily dependent on one or two viral characters, I’d be a little more cautious.
#PopMartEarningsWatch $BTC
Pop Mart’s H1 figures reveal a more complicated story than the 23.8% revenue increase suggests. Attributable net profit rose just 10.1%, while slower inventory turnover and weaker margins point to declining growth quality at the margin.
The deeper issue is diversification: Greater China expanded 47.3%, yet Asia-Pacific and the Americas contracted, and THE MONSTERS fell about 7.5%. Twinkle Twinkle’s nearly sixfold rise to the No. 2 IP is encouraging, but one breakout does not yet prove a repeatable portfolio model. Sustaining valuation may depend less on creating another phenomenon and more on converting new IP momentum into durable overseas demand. Not advice, just analysis.
#PopMartEarningsWatch
I was hiding in the bathroom for 20 minutes, refreshing Xiaomi’s numbers. 😂
And now the report is out. Q2 revenue came in at 108.9B yuan, adjusted net profit 6.2B. Not a blowout, but better than the ~108.8B revenue / ~6.0B profit expectations I was watching.
The interesting part is still the mix. Smartphone shipments fell to 31.2M, while the EV + AI business reached 24.9B yuan in revenue. That’s the part I care about more than the headline number.
If Xiaomi’s car business keeps scaling while margins improve, maybe the market really does need to stop valuing it like just another phone maker.
I still have that BTC long stuck in my hands, so I’m not switching horses tonight. 😂
Now I’m curious: if the numbers keep improving, do you hold the crypto and wait for the tech cycle, or rotate into Xiaomi?
$BTC $ETH $SNDK
#财报观察员：小米Q2财报出炉，是汽车救场还是手机拖后腿？
#XiaomiQ2Earnings Xiaomi’s Q2 results make the company look less like a smartphone brand and more like a broader consumer-tech platform 👀
The EV business continued to accelerate as deliveries grew, while smartphones faced higher costs and intense competition. What stood out to me is how quickly the balance of the growth story seems to be shifting 🚗
I wouldn’t say EVs have already replaced smartphones as Xiaomi’s core engine. Phones still provide the scale, users and ecosystem that support the wider business. But autos are adding a new source of momentum at a time when smartphone growth is becoming harder and more expensive.
The interesting question now isn’t simply whether EVs “rescued” one quarter. It’s whether Xiaomi can scale that business without losing focus or putting too much pressure on margins.
This feels like the beginning of a different Xiaomi—but the transition is still being tested.
#XiaomiQ2Earnings Xiaomi’s latest results highlighted the growing importance of its electric-vehicle business. Second-quarter revenue was approximately RMB99.1 billion, while smartphone revenue was around RMB44.3 billion. Smart EV, AI and other new initiatives generated almost RMB19.9 billion. Continued vehicle deliveries helped offset pressure from smartphone competition, higher component costs and weaker profitability in Xiaomi’s traditional hardware operation.
Xiaomi’s advantage is its ability to connect smartphones, home devices and vehicles within one ecosystem. That could reduce customer-acquisition costs and create cross-selling opportunities unavailable to many standalone automakers. However, manufacturing vehicles requires substantial investment, and Xiaomi faces aggressive competition from BYD, Tesla and other Chinese brands. Investors should look beyond delivery growth and monitor vehicle gross margins, factory utilization and research spending. The EV operation is becoming large enough to reshape Xiaomi’s valuation, but it must eventually demonstrate that rapid expansion can produce sustainable profits.
