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泡泡玛特 (纪要):2025 年销售增速不低于 50% 增长
海豚投研· 2025-03-27 09:00
泡泡玛特 以下是泡泡玛特 FY24 H2 的财报电话会纪要,财报解读请移步《 泡泡玛特:出海封神!泡泡玛特一路 "狂飙" 》 一、财报核心信息回顾 | | | | | | 泡泡玛特财务数据概览 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 单位:亿/CNY | 1H21 | 2H21 | 1H22 | 2H22 | 1H23 | SH23 | 1H24 | 2H24 | 2H24e | 实际 VS 换期 | | 整体收入 | 17.7 | 27.2 | 23.6 | 22.6 | 28.1 | 36.7 | 45.6 | 84.8 | 76.7 Beat | 10.5% | | VOV | 117% | 85% | 33% | -17% | 19% | 62% | 62% | 131% | | | | 大陆 | 17.1 | 25.9 | 22.0 | 19.6 | 24.4 | 29.8 | 32.1 | 47.6 | 41.8 Beat | 14.0% | | 浅下 | 6.7 | 12. ...