1. HERE Group's revenue nearly doubled sequentially in its latest quarter. 2. The company operates under a new name, focusing on pop toys. 3. HERE's P/S ratio is 2.5, significantly lower than Pop Mart's 10.3. 4. 97% of HERE's revenue comes from its proprietary IPs, mainly Wakuku. 5. Growth expectations remain strong, forecasting 750-800 million yuan for the fiscal year.
FAQ
Why Bullish?
The substantial revenue growth and low P/S ratio indicate strong value potential. Similar historical firms showed stock jumps after transformative revenue shifts.
How important is it?
The company's shift from education to pop toys could reshape its market standing significantly.
Why Long Term?
Continued revenue growth from proprietary IPs and strategic marketing efforts suggest sustained success over time.