diff --git a/data/2026H1.pdf b/data/2026H1.pdf new file mode 100644 index 0000000..0ae95fa Binary files /dev/null and b/data/2026H1.pdf differ diff --git a/data/fx.csv b/data/fx.csv new file mode 100644 index 0000000..da234aa --- /dev/null +++ b/data/fx.csv @@ -0,0 +1,3 @@ +stage,mid_price,onshore_spot +年初,7.0288,6.9890 +2026-06-30,6.8109,6.7852 diff --git a/data/growth.csv b/data/growth.csv new file mode 100644 index 0000000..ccd728c --- /dev/null +++ b/data/growth.csv @@ -0,0 +1,10 @@ +period,non_gaap_net_profit,gross_profit,revenue,cost +22H1,-13.5,22.7,33.9,50.8 +22年,-42.7,4.3,2.8,13.5 +23H1,42.3,19.3,12.9,10.6 +23年,107.7,45.5,36.5,24.2 +24H1,90.2,71.9,62.0,46.9 +24年,185.7,125.4,106.9,77.6 +25H1,362.8,234.4,204.4,151.1 +25年,284.5,207.4,184.7,139.0 +26H1,9.2,26.5,20.5,26.5 diff --git a/data/inventory.csv b/data/inventory.csv new file mode 100644 index 0000000..63f7741 --- /dev/null +++ b/data/inventory.csv @@ -0,0 +1,10 @@ +period,inventory,revenue,turnover_days +22H1,9.6,23.6,160 +22年,8.7,46.2,154 +23H1,7.6,28.1,132 +23年,9.1,63.0,133 +24H1,9.2,45.6,101 +24年,15.2,130.4,102 +25H1,22.7,138.8,84 +25年,54.7,371.2,123 +26H1,61.0,371.7,201 diff --git a/data/margin.csv b/data/margin.csv new file mode 100644 index 0000000..9bc101e --- /dev/null +++ b/data/margin.csv @@ -0,0 +1,10 @@ +period,gross_margin,sales_expense_rate,admin_expense_rate,non_gaap_net_margin +22H1,58.1,29.4,13.7,15.9 +22年,57.5,31.9,14.9,12.4 +23H1,60.4,31.2,11.8,19.0 +23年,61.3,31.8,11.2,18.9 +24H1,64.0,29.7,9.5,22.3 +24年,66.8,28.0,7.3,26.1 +25H1,70.3,23.0,5.6,33.9 +25年,72.1,21.8,4.8,35.2 +26H1,69.7,22.9,5.4,30.0 diff --git a/data/ppmt.xlsx b/data/ppmt.xlsx new file mode 100644 index 0000000..f0104b6 Binary files /dev/null and b/data/ppmt.xlsx differ diff --git a/data/ppmt_assets.csv b/data/ppmt_assets.csv new file mode 100644 index 0000000..b8458dc --- /dev/null +++ b/data/ppmt_assets.csv @@ -0,0 +1,13 @@ +period,total_assets,cash_like,receivables,investment,operating_assets +2020H1,17.89,8.22,0.41,0.46,8.8 +2020H2,69.71,56.8,0.78,0.67,11.45 +2021H1,76.41,57.67,1.35,1.78,15.6 +2021H2,83.24,52.65,1.71,4.11,24.77 +2022H1,85.9,51.63,1.32,5.53,27.42 +2022H2,85.8,50.42,1.94,5.55,27.89 +2023H1,90.65,55.4,2.09,5.75,27.42 +2023H2,99.69,59.63,3.21,5.87,30.97 +2024H1,110.17,70.1,2.64,5.5,31.93 +2024H2,148.71,96.2,4.78,5.6,42.13 +2025H1,213.57,137.66,9.72,5.4,60.79 +2025H2,321.01,172.25,9.21,4.95,132.04 diff --git a/data/ppmt_category.csv b/data/ppmt_category.csv new file mode 100644 index 0000000..d40bca1 --- /dev/null +++ b/data/ppmt_category.csv @@ -0,0 +1,6 @@ +period,plush,figure,mega,other +品类,毛绒,手办,MEGA,衍生品及其他 +2024H1,4.46105,26.56781,5.8613,8.68815 +2024H2,23.85973,42.79306,10.9765,7.16989 +2025H1,61.39236,51.75875,10.07147,15.54018 +2025H2,125.68838,68.46694,9.08935,29.19309 diff --git a/data/ppmt_core_margin.csv b/data/ppmt_core_margin.csv new file mode 100644 index 0000000..e80d704 --- /dev/null +++ b/data/ppmt_core_margin.csv @@ -0,0 +1,14 @@ +period,core_margin +2020H1,22.6 +2020H2,27.2 +2021H1,25.8 +2021H2,24.4 +2022H1,15.0 +2022H2,10.8 +2023H1,17.4 +2023H2,18.3 +2024H1,24.8 +2024H2,31.5 +2025H1,41.8 +2025H2,45.6 +2026H1,41.4 diff --git a/data/ppmt_core_profit.csv b/data/ppmt_core_profit.csv new file mode 100644 index 0000000..f3214f0 --- /dev/null +++ b/data/ppmt_core_profit.csv @@ -0,0 +1,14 @@ +period,core_profit,yoy +2020H1,1.9,25.0 +2020H2,6.8,17.1 +2021H1,4.6,147.0 +2021H2,11.0,60.1 +2022H1,3.5,-22.5 +2022H2,5.0,-54.5 +2023H1,4.9,38.1 +2023H2,11.5,131.3 +2024H1,11.3,131.5 +2024H2,41.1,256.9 +2025H1,58.0,412.2 +2025H2,169.1,311.4 +2026H1,71.1,22.6 diff --git a/data/ppmt_growth.csv b/data/ppmt_growth.csv new file mode 100644 index 0000000..9111c91 --- /dev/null +++ b/data/ppmt_growth.csv @@ -0,0 +1,14 @@ +period,non_gaap_net_profit,gross_profit,revenue,cost +2020H1,23.7,61.0,50.6,33.3 +2020H2,16.2,46.2,49.3,55.0 +2021H1,154.6,109.6,116.7,131.0 +2021H2,69.5,73.1,78.7,88.5 +2022H1,-13.6,22.6,33.1,50.6 +2022H2,-42.7,-3.8,2.8,13.3 +2023H1,42.3,23.9,19.3,12.9 +2023H2,107.5,45.5,36.5,24.1 +2024H1,90.3,71.9,62.0,47.0 +2024H2,185.7,125.4,106.9,77.7 +2025H1,362.7,234.4,204.4,151.1 +2025H2,284.5,207.4,184.7,139.1 +2026H1,9.5,22.6,23.8,26.5 diff --git a/data/ppmt_ip.csv b/data/ppmt_ip.csv new file mode 100644 index 0000000..34e1879 --- /dev/null +++ b/data/ppmt_ip.csv @@ -0,0 +1,9 @@ +ip,2021H1,2021H2,2022H1,2022H2,2023H1,2023H2,2024H1,2024H2,2025H1,2025H2 +THE MONSTERS,1.45789,1.58642,1.34887,1.28115,1.59829,2.08042,6.26806,24.13858,48.14017,93.47047 +MOLLY,2.039,5.01198,4.04347,3.97808,4.11433,6.08872,7.8216,13.11012,13.57248,15.39836 +SKULLPANDA,1.83042,4.12214,4.61766,3.89845,5.26383,4.98405,5.74562,7.337,12.20504,23.19038 +CRYBABY,0,0,0,0,0.26603,0.44546,3.49382,8.15503,12.1817,17.10836 +DIMOO,2.04993,3.61742,2.98442,2.79506,3.62032,3.75634,3.77838,5.31723,11.05135,16.7156 +HIRONO-小野,0,0,0.37538,1.0323,1.09352,2.41849,2.45247,4.81278,7.2842,10.06815 +HACIPUPU,0,0,0,0.42797,0.69171,0.82587,0.94991,1.29297,3.32122,5.15899 +星星人,0,0,0,0,0,0,0,0,3.89363,16.66217 diff --git a/data/ppmt_ip_ex_monsters.csv b/data/ppmt_ip_ex_monsters.csv new file mode 100644 index 0000000..ebb4619 --- /dev/null +++ b/data/ppmt_ip_ex_monsters.csv @@ -0,0 +1,12 @@ +period,revenue,yoy +2021H1,16.27, +2021H2,25.59, +2022H1,22.24,36.7 +2022H2,21.30,-16.8 +2023H1,26.54,19.3 +2023H2,32.79,53.9 +2024H1,39.31,48.1 +2024H2,60.66,85.0 +2025H1,90.62,130.5 +2025H2,138.97,129.1 +2026H1,127.19,40.4 diff --git a/data/ppmt_ip_share_2026h1.csv b/data/ppmt_ip_share_2026h1.csv new file mode 100644 index 0000000..b8108a1 --- /dev/null +++ b/data/ppmt_ip_share_2026h1.csv @@ -0,0 +1,12 @@ +ip,revenue +THE MONSTERS,44.5 +星星人,26.5 +授权IP(非独家),17.7 +CRYBABY,16.3 +DIMOO,16.2 +SKULLPANDA,15.5 +其他艺术家IP,11.7 +HIRONO-小野,10.1 +MOLLY,9.0 +Zsiga,3.0 +外采及其他,1.1 diff --git a/data/ppmt_ip_share_history.csv b/data/ppmt_ip_share_history.csv new file mode 100644 index 0000000..9a4dad6 --- /dev/null +++ b/data/ppmt_ip_share_history.csv @@ -0,0 +1,12 @@ +ip,2021H1,2021H2,2022H1,2022H2,2023H1,2023H2,2024H1,2024H2,2025H1,2025H2,2026H1 +THE MONSTERS,1.46,1.59,1.35,1.28,1.60,2.08,6.27,24.14,48.14,93.47,44.54 +星星人,0.00,0.00,0.00,0.00,0.00,0.00,0.00,0.00,3.89,16.66,26.50 +授权IP(非独家),2.88,3.33,3.01,2.50,4.22,6.14,6.95,9.06,15.25,18.57,17.71 +CRYBABY,0.00,0.00,0.00,0.00,0.27,0.45,3.49,8.16,12.18,17.11,16.33 +DIMOO,2.05,3.62,2.98,2.80,3.62,3.76,3.78,5.32,11.05,16.72,16.19 +SKULLPANDA,1.83,4.12,4.62,3.90,5.26,4.98,5.75,7.34,12.21,23.19,15.51 +其他艺术家IP,1.43,2.47,4.37,3.00,4.54,5.44,6.37,7.72,10.64,14.00,11.74 +HIRONO-小野,0.00,0.00,0.38,1.03,1.09,2.42,2.45,4.81,7.28,10.07,10.09 +MOLLY,2.04,5.01,4.04,3.98,4.11,6.09,7.82,13.11,13.57,15.40,9.01 +其他IP(含已停单列),4.14,4.51,0.81,1.86,1.15,1.37,0.95,3.74,3.32,5.16,2.98 +外采及其他,1.90,2.53,2.03,2.24,2.28,2.15,1.75,1.41,1.23,2.09,1.12 diff --git a/data/ppmt_margin_bridge.csv b/data/ppmt_margin_bridge.csv new file mode 100644 index 0000000..7b223fe --- /dev/null +++ b/data/ppmt_margin_bridge.csv @@ -0,0 +1,13 @@ +item,base,value,type +2025H1净利率,0,33.74,total +毛利率变化,33.23,0.51,neg +销售费用率优化,33.23,0.09,pos +管理费用率优化,33.33,0.11,pos +财务费用恶化,33.03,0.41,neg +投资收益减少,32.9,0.13,neg +公允价值变动,32.9,0.16,pos +资产减值,33.07,0.01,pos +其他业务净额,33.07,0.01,neg +其他收益净额(主要汇兑),29.96,3.11,neg +税率上升,29.70,0.26,neg +2026H1净利率,0,29.7,total diff --git a/data/ppmt_margins.csv b/data/ppmt_margins.csv new file mode 100644 index 0000000..704e364 --- /dev/null +++ b/data/ppmt_margins.csv @@ -0,0 +1,14 @@ +period,gross_margin,sales_expense_rate,admin_expense_rate,non_gaap_net_margin +2020H1,65.23,27.27,15.33,17.24 +2020H2,63.42,25.07,11.14,23.52 +2021H1,63.02,23.68,13.52,24.53 +2021H2,61.43,24.63,12.41,22.31 +2022H1,58.1,29.39,13.68,15.94 +2022H2,57.49,31.85,14.86,12.43 +2023H1,60.36,31.21,11.77,19.01 +2023H2,61.32,31.82,11.23,18.9 +2024H1,64.05,29.69,9.53,22.33 +2024H2,66.79,28.0,7.26,26.1 +2025H1,70.34,23.01,5.55,33.94 +2025H2,72.1,21.77,4.77,35.25 +2026H1,69.68,22.89,5.4,30.02 diff --git a/data/ppmt_profit.csv b/data/ppmt_profit.csv new file mode 100644 index 0000000..34dfbb2 --- /dev/null +++ b/data/ppmt_profit.csv @@ -0,0 +1,18 @@ +period,revenue,gross_profit,gross_margin,net_profit +2026H1,171.73,119.66,69.67999999999999,50.38 +2025H2,371.2,267.65,72.1,127.76 +2025H1,138.76,97.61,70.34,45.74 +2024H2,130.38,87.08,66.79,31.25 +2024H1,45.58,29.19,64.05,9.21 +2023H2,63.01,38.64,61.31999999999999,10.82 +2023H1,28.14,16.98,60.36,4.77 +2022H2,46.17,26.55,57.489999999999995,4.76 +2022H1,23.59,13.7,58.099999999999994,3.33 +2021H2,44.91,27.59,61.42999999999999,8.54 +2021H1,17.73,11.17,63.019999999999996,3.59 +2020H2,25.13,15.94,63.42,5.24 +2020H1,8.18,5.33,65.23,1.41 +2019H2,16.83,10.9,64.77000000000001,4.51 +2019H1,5.43,3.31,60.84,1.14 +2018H2,5.15,2.98,57.92,1 +2017H2,1.58,0.75,47.61,0.02 diff --git a/data/ppmt_region_channel_2026h1.csv b/data/ppmt_region_channel_2026h1.csv new file mode 100644 index 0000000..ecf5b76 --- /dev/null +++ b/data/ppmt_region_channel_2026h1.csv @@ -0,0 +1,16 @@ +region,channel,value +中国,线下渠道,68.69 +中国,线上渠道,47.79 +中国,批发及其他,5.53 +海外,线下渠道,31.94 +海外,线上渠道,14.34 +海外,批发及其他,3.45 +亚太,线下渠道,17.73 +亚太,线上渠道,6.44 +亚太,批发及其他,1.59 +美洲,线下渠道,10.07 +美洲,线上渠道,7.22 +美洲,批发及其他,1.62 +欧洲及其他,线下渠道,4.14 +欧洲及其他,线上渠道,0.68 +欧洲及其他,批发及其他,0.24 diff --git a/data/ppmt_region_channel_yoy.csv b/data/ppmt_region_channel_yoy.csv new file mode 100644 index 0000000..ef93acf --- /dev/null +++ b/data/ppmt_region_channel_yoy.csv @@ -0,0 +1,16 @@ +region,channel,yoy +中国,线下渠道,35.1 +中国,线上渠道,62.7 +中国,批发及其他,111.6 +海外,线下渠道,20.8 +海外,线上渠道,-44.0 +海外,批发及其他,-11.1 +亚太,线下渠道,16.2 +亚太,线上渠道,-39.8 +亚太,批发及其他,-37.9 +美洲,线下渠道,19.5 +美洲,线上渠道,-45.6 +美洲,批发及其他,68.9 +欧洲及其他,线下渠道,49.7 +欧洲及其他,线上渠道,-58.8 +欧洲及其他,批发及其他,-33.7 diff --git a/data/ppmt_region_channel_yoy_timeseries.csv b/data/ppmt_region_channel_yoy_timeseries.csv new file mode 100644 index 0000000..50a3f36 --- /dev/null +++ b/data/ppmt_region_channel_yoy_timeseries.csv @@ -0,0 +1,82 @@ +period,region,channel,yoy +2022H1,中国,线下渠道,21.8 +2022H1,中国,线上渠道,46.8 +2022H1,中国,批发及其他,-12.5 +2022H1,海外,线下渠道,1065.1 +2022H1,海外,线上渠道,190.5 +2022H1,海外,批发及其他,86.7 +2022H2,中国,线下渠道,-21.3 +2022H2,中国,线上渠道,-28.7 +2022H2,中国,批发及其他,-15.9 +2022H2,海外,线下渠道,5857.0 +2022H2,海外,线上渠道,89.9 +2022H2,海外,批发及其他,39.8 +2023H1,中国,线下渠道,32.4 +2023H1,中国,线上渠道,-16.4 +2023H1,中国,批发及其他,32.3 +2023H1,海外,线下渠道,392.4 +2023H1,海外,线上渠道,63.1 +2023H1,海外,批发及其他,54.6 +2023H2,中国,线下渠道,61.9 +2023H2,中国,线上渠道,4.8 +2023H2,中国,批发及其他,141.7 +2023H2,海外,线下渠道,301.3 +2023H2,海外,线上渠道,78.7 +2023H2,海外,批发及其他,9.0 +2024H1,中国,线下渠道,61.4 +2024H1,中国,线上渠道,15.1 +2024H1,中国,批发及其他,40.5 +2024H1,海外,线下渠道,238.1 +2024H1,海外,线上渠道,323.5 +2024H1,海外,批发及其他,18.5 +2024H2,中国,线下渠道,90.8 +2024H2,中国,线上渠道,105.1 +2024H2,中国,批发及其他,60.5 +2024H2,海外,线下渠道,256.3 +2024H2,海外,线上渠道,1062.1 +2024H2,海外,批发及其他,155.4 +2025H1,中国,线下渠道,117.1 +2025H1,中国,线上渠道,212.2 +2025H1,中国,批发及其他,9.4 +2025H1,海外,线下渠道,310.9 +2025H1,海外,线上渠道,964.8 +2025H1,海外,批发及其他,154.7 +2025H1,亚太,线下渠道,203.5 +2025H1,亚太,线上渠道,546.7 +2025H1,亚太,批发及其他,98.9 +2025H1,美洲,线下渠道,744.3 +2025H1,美洲,线上渠道,1977.4 +2025H1,美洲,批发及其他,413.5 +2025H1,欧洲及其他,线下渠道,569.6 +2025H1,欧洲及其他,线上渠道,1358.7 +2025H1,欧洲及其他,批发及其他,624.4 +2025H2,中国,线下渠道,110.5 +2025H2,中国,线上渠道,205.0 +2025H2,中国,批发及其他,23.4 +2025H2,海外,线下渠道,204.3 +2025H2,海外,线上渠道,365.0 +2025H2,海外,批发及其他,23.6 +2025H2,亚太,线下渠道,139.7 +2025H2,亚太,线上渠道,146.0 +2025H2,亚太,批发及其他,-4.5 +2025H2,美洲,线下渠道,397.9 +2025H2,美洲,线上渠道,907.4 +2025H2,美洲,批发及其他,205.8 +2025H2,欧洲及其他,线下渠道,405.4 +2025H2,欧洲及其他,线上渠道,675.4 +2025H2,欧洲及其他,批发及其他,86.7 +2026H1,中国,线下渠道,35.1 +2026H1,中国,线上渠道,62.7 +2026H1,中国,批发及其他,111.6 +2026H1,海外,线下渠道,20.8 +2026H1,海外,线上渠道,-44.0 +2026H1,海外,批发及其他,-11.1 +2026H1,亚太,线下渠道,16.2 +2026H1,亚太,线上渠道,-39.8 +2026H1,亚太,批发及其他,-37.9 +2026H1,美洲,线下渠道,19.5 +2026H1,美洲,线上渠道,-45.6 +2026H1,美洲,批发及其他,68.9 +2026H1,欧洲及其他,线下渠道,49.7 +2026H1,欧洲及其他,线上渠道,-58.8 +2026H1,欧洲及其他,批发及其他,-33.7 diff --git a/data/ppmt_sankey_2026h1.csv b/data/ppmt_sankey_2026h1.csv new file mode 100644 index 0000000..dcbcd6c --- /dev/null +++ b/data/ppmt_sankey_2026h1.csv @@ -0,0 +1,17 @@ +source,target,value +营业收入,营业成本,52.07 +营业收入,毛利,119.66 +毛利,销售费用,39.31 +毛利,管理费用,9.27 +毛利,财务费用,0.11 +毛利,营业利润,70.97 +营业利润,利润总额,70.97 +投资收益,利润总额,0.31 +公允价值变动,利润总额,0.37 +其他收入,利润总额,3.03 +利润总额,所得税费用,16.67 +利润总额,净利润,51 +净利润,少数股东损益,0.62 +净利润,归母净利润,50.38 +归母净利润,非GAAP归母净利润,50.38 +非GAAP调整项,非GAAP归母净利润,1.1799999999999997