Pop Mart International Group Limited (9992.HK) stock analysis

In our weekly check, Pop Mart International Group Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 21 pass, warnings: 1, red flags: 3.

About Pop Mart International Group Limited

Pop Mart International Group Limited is a Consumer Cyclical company (Leisure) based in China, listed on HKSE as 9992.HK.

What our checks show for 9992.HK

Red flags

• Analysts expect the net margin to shrink by 8.4 points from today's 34.4%.
• The price swings a lot: 53.5% annual volatility. Expect large ups and downs.
• The stock has fallen as much as 90% from a peak. Would you have held through that?

Warning signs

• Recovering from its deepest fall took about 2.2 years.

Strengths

• Debt is low: 0.16x equity.
• Operating profit covers interest 30.8 times over.
• The net margin rose by 15.4 points over 5 years, to 34.4%.
• The gross margin is 72.1% and has risen by 10.7 points: pricing power is holding.
• Revenue grew 98.6% a year over the last 3 years.
• Earnings per share grew 199% a year over the last 3 years.

Similar companies

2020.HK · MCD · ITX.MC · 6690.HK · EVO.ST · TJX

Questions

What grade does Pop Mart International Group Limited (9992.HK) have?

In our weekly check, Pop Mart International Group Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 21 pass, warnings: 1, red flags: 3. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 9992.HK stock?

This week's biggest flags for Pop Mart International Group Limited: Margins expected to shrink, Very volatile, Deep past fall. In total 4 of 25 checks show a warning or a red flag.

What does Pop Mart International Group Limited do?

Pop Mart International Group Limited is a Consumer Cyclical company (Leisure) based in China, listed on HKSE as 9992.HK.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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