China Youzheng Securities: Maintain a "buy" rating on PopMart (09992.HK) and continue to be optimistic about the company's long-term value.

Wisdom Finance APP learned that China Postal Securities released a research report stating that Pop Mart (09992.HK), as a leading player in the domestic trendy toy industry, has good IP acquisition, incubation, and operational capabilities. The firm continues to be optimistic about the company's medium to long-term value. The firm expects the company's operating income growth rates for 2025-2027 to be 172%, 38%, 36% respectively (all revised upwards), and the net profit attributable to shareholders growth rates to be 251%, 42%, 39% respectively (all revised upwards). The EPS are expected to be 8.16, 11.59, 16.16 yuan/share, corresponding to a PE ratio of 26x, 18x, 13x respectively. The firm maintains a "buy" rating on the company.