MINISO
MNSO
8.94
+0.03
+0.34%
MINISO
US · MNSO
#2574 by market cap
Listed 2020
8.94
+0.03
+0.34%
Live - 5344 symbols - heartbeat 178s ago
· 2026-10-08 08:26
Pre-market
8.95
+0.11%
After-hours
8.94
0.00%
Overnight
9.00
+0.67%
- Market cap
- 2.71B
- P/E (TTM)i
- 14.42
- P/Bi
- 1.76
- EPSi
- 0.59
- Div yieldi
- 7.65%
- 52W posi
- 3%
Reader sentiment
Are you bullish or bearish on MNSO?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 1.71, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +26.18% YoY
Margins
- Gross margin
- 44.99%
- Operating margin
- 14.71%
- Net margin
- 5.62%
Key ratios & quality
- Enterprise valuei
- 3.80B
- PEG ratioi
- 0.73
- Altman Z-Scorei
- 1.71
PEG uses trailing P/E against the 3-year net income growth rate (19.87%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.39B | 8.98B | 9.07B | 10.09B | -- | 7.63B | 16.99B | 21.44B |
| Gross profit | 2.51B | 2.73B | 2.43B | 3.07B | -- | 3.24B | 7.64B | 9.65B |
| Selling & admin expenses | 1.41B | 1.99B | 2.02B | 2.26B | -- | 1.72B | 4.45B | 6.49B |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 1.03B | 765.76M | 455.63M | 820.01M | -- | 1.54B | 3.22B | 3.16B |
| Pretax profit | 289.00M | 80.82M | -1.22B | 906.81M | -- | 1.65B | 3.35B | 1.91B |
| Tax | 279.58M | 210.95M | 213.26M | 267.07M | -- | 396.67M | 712.10M | 703.52M |
| Net profit | -294.41M | -260.18M | -1.43B | 639.74M | -- | 1.26B | 2.64B | 1.21B |
| Basic EPS | -1 | -1 | -5 | 2 | -- | 4 | 8 | 4 |
| Diluted EPS | -0.91 | -1.04 | -4.72 | 2.08 | -- | 4.00 | 8.40 | 3.92 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 4.43B | 4.97B | 5.80B | 6.25B | 5.69B | 5.81B |
| Gross profit | 1.96B | 2.20B | 2.59B | 2.90B | 2.46B | 2.63B |
| Selling & admin expenses | 1.26B | 1.42B | 1.77B | 2.03B | 1.77B | 1.87B |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 688.95M | 775.21M | 812.29M | 878.61M | 699.57M | 750.15M |
| Pretax profit | 567.68M | 626.51M | 670.15M | 49.00M | 1.42B | -126.31M |
| Tax | 151.22M | 136.98M | 226.95M | 188.37M | 175.20M | 165.20M |
| Net profit | 416.46M | 489.53M | 443.20M | -139.37M | 1.25B | -291.51M |
| Basic EPS | 1 | 2 | 1 | 0 | 4 | -1 |
| Diluted EPS | 1.36 | 1.60 | 1.44 | -0.48 | 4.12 | -0.96 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 4.51B | 4.99B | 9.20B | 8.07B | -- | 10.33B | 11.66B | 14.09B |
| Cash & ST investments | 1.90B | 2.85B | 6.87B | 5.80B | -- | 6.88B | 6.70B | 7.03B |
| Inventory | 1.31B | 1.40B | 1.50B | 1.19B | -- | 1.92B | 2.75B | 3.69B |
| Total assets | 5.23B | 5.84B | 10.71B | 11.28B | -- | 14.49B | 18.12B | 28.63B |
| Total current liabilities | 3.25B | 3.31B | 3.48B | 3.79B | -- | 4.41B | 5.73B | 8.47B |
| Short-term debt | 189.49M | 625.26M | 334.94M | 258.44M | -- | 448.05M | 1.20B | 2.70B |
| Long-term debt | 5.31M | 15.21M | 6.93M | 6.50M | -- | 6.53M | 4.31M | 5.42B |
| Total liabilities | 5,340,089,000.00 | 6,159,297,000.00 | 4,052,876,000.00 | 4,254,388,000.00 | -- | 5,294,092,000.00 | 7,764,606,000.00 | 17,914,251,000.00 |
| Total equity | -113.97M | -323.05M | 6.65B | 7.03B | -- | 9.19B | 10.36B | 10.72B |
| Retained earnings | -525.76M | -1.13B | -2.56B | -1.94B | -- | 1.72B | 4.30B | 5.50B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 12.46B | 12.73B | 13.76B | 14.09B | 13.95B | 14.39B |
| Cash & ST investments | 7.25B | 7.46B | 7.76B | 7.03B | 6.98B | 7.39B |
| Inventory | 2.83B | 2.84B | 3.29B | 3.69B | 3.57B | 3.54B |
| Total assets | 26.19B | 26.65B | 28.67B | 28.63B | 29.75B | 30.34B |
| Total current liabilities | 6.27B | 6.62B | 8.32B | 8.47B | 9.10B | 9.17B |
| Short-term debt | 1.37B | 2.59B | 3.05B | 2.70B | 3.08B | 3.47B |
| Long-term debt | 5.78B | 5.59B | 5.62B | 5.42B | 5.42B | 6.29B |
| Total liabilities | 15,507,801,000.00 | 15,748,869,000.00 | 17,840,971,000.00 | 17,914,251,000.00 | 18,669,643,000.00 | 19,921,117,000.00 |
| Total equity | 10.68B | 10.90B | 10.83B | 10.72B | 11.08B | 10.42B |
| Retained earnings | 4.72B | 5.21B | 5.64B | 5.50B | 6.75B | 6.46B |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1.04B | 826.48M | 916.32M | 1.41B | -- | 1.10B | 2.17B | 2.58B |
| Depreciation & amortization | 191.78M | 268.67M | 265.02M | 80.27M | -- | 307.85M | 853.90M | 1.25B |
| Free cash flow | 922.35M | 769.51M | 736.04M | 172.06M | -- | 832.78M | 1.41B | 1.58B |
| Dividends paid | 0 | -330.34M | 0 | -306.26M | -- | -923.66M | -1.24B | -1.36B |
| Stock buybacks / issuance | 0 | 0 | 4.18B | -85.54M | -- | -160.88M | -313.42M | 3.31B |
| Ending cash balance | 1.69B | 2.85B | 6.77B | 5.35B | -- | 6.42B | 6.33B | 6.82B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -- | -- | -- | -- | -- | -- |
| Depreciation & amortization | -- | -- | -- | -- | -- | -- |
| Free cash flow | -- | -- | -- | -- | -- | -- |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | -- | -- | -- | -- | -- | -- |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -125.17 | -- | -41.06 | 9.30 | 22.21 | -- | 26.87 | 11.51 |
| ROA %i | -6.18 | -4.14 | -15.70 | 5.79 | 14.31 | -- | 16.06 | 5.15 |
| ROIC %i | -36.62 | -- | -32.01 | 8.08 | 19.27 | -- | 21.78 | 8.09 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 3.34 | 1.25 | -13.09 | 9.32 | 20.64 | -- | 20.25 | 10.93 |
| FCF / sales %i | 9.82 | 8.57 | 8.11 | 1.71 | 13.00 | -- | 8.27 | 7.37 |
| Current ratioi | 1.39 | 1.51 | 2.64 | 2.13 | 2.55 | -- | 2.04 | 1.66 |
| Quick ratioi | 0.81 | 1.04 | 2.17 | 1.74 | 2.12 | -- | 1.50 | 1.17 |
| Debt / assetsi | 9.66 | 17.47 | 7.71 | 5.83 | 6.64 | -- | 17.16 | 37.83 |
| LT debt / equityi | -- | -- | 7.36 | 5.68 | 6.34 | -- | 18.49 | 76.56 |
| Interest coveragei | 12.46 | 3.58 | -41.88 | 28.15 | 68.40 | -- | 37.03 | 5.44 |
| Revenue CAGR (3Y) %i | -- | -- | -- | 2.39 | 8.51 | -- | 19.60 | 24.00 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | 19.87 |
| FCF CAGR (3Y) %i | -- | -- | -- | -42.86 | 24.69 | -- | 20.26 | 88.20 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 24.88 | 22.91 | 21.24 | 11.51 | 18.88 | 11.91 |
| ROA %i | 11.93 | 11.11 | 9.61 | 5.15 | 7.29 | 4.42 |
| ROIC %i | 16.47 | 14.98 | 14.05 | 8.09 | 10.96 | 6.78 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 18.70 | 17.50 | 15.95 | 10.93 | 14.25 | 10.61 |
| FCF / sales %i | -- | 5.34 | -- | 7.37 | -- | 7.44 |
| Current ratioi | 1.99 | 1.92 | 1.65 | 1.66 | 1.53 | 1.57 |
| Quick ratioi | 1.54 | 1.44 | 1.26 | 1.17 | 1.13 | 1.11 |
| Debt / assetsi | 35.19 | 38.87 | 38.32 | 37.83 | 38.72 | 43.56 |
| LT debt / equityi | 73.76 | 71.57 | 73.82 | 76.56 | 76.93 | 94.57 |
| Interest coveragei | 20.31 | 13.22 | 8.96 | 5.44 | 6.95 | 5.19 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- MINISO brand is the largest reported line at 90.95% of revenue, across 3 reported segments.
- The next-largest line, TOP TOY brand, is a distant second at 9.04% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
MINISO brand90.95%
TOP TOY brand9.04%
Quote time 2026-10-08 08:26:54 · For reference only, not investment advice and not tailored to your situation.