泡泡玛特:经调整净利率大幅提升 多渠道表现出色

方正证券
30 Mar

事件:公司发布年度业绩,2024 年实现主营收入130.4 亿元,同比+106.9%;实现经调整净利润34.0 亿元,同比+185.9%;经调整净利率26.1%,同比+7.2pct;其中2024H2 实现主营收入84.8 亿元,同比+143.2%,经调整净利润23.9 亿元,同比+264.1%,经调整净利率28.1%,同比+9.3pct。渠道端:同店表现持续提升,海外贡献收入比提升至38.9%。...

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