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MINISO Group Holding
(NYSE:MNSO)
MINISO Group Holding (MNSO) vs. SPDR S&P 500 ETF (SPY)
MINISO Group Holding Business Overview & Revenue Model
MINISO Group Holding Earnings Call Summary
MINISO Group Holding Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 18.63B | 16.99B | 2.15B | 11.47B | 1.56B | 9.07B |
| Gross Profit | 8.40B | 7.64B | 914.90M | 4.44B | 475.52M | 2.43B |
| EBITDA | 2.48B | 3.23B | 2.16B | 2.16B | 870.01M | 481.17M |
| Net Income | 2.35B | 2.62B | 2.25B | 1.77B | 638.17M | -1.42B |
Balance Sheet | ||||||
| Total Assets | 26.65B | 18.12B | 14.49B | 13.45B | 11.28B | 10.71B |
| Cash, Cash Equivalents and Short-Term Investments | 7.46B | 6.70B | 6.63B | 7.28B | 870.63M | 6.87B |
| Total Debt | 10.36B | 3.11B | 1.25B | 892.95M | 658.01M | 825.01M |
| Total Liabilities | 15.75B | 7.76B | 5.29B | 4.53B | 4.25B | 4.05B |
| Stockholders Equity | 10.85B | 10.31B | 9.17B | 8.90B | 7.03B | 6.66B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 1.41B | 1.67B | 1.49B | 172.06M | 736.04M |
| Operating Cash Flow | 0.00 | 2.17B | 2.20B | 1.67B | 1.41B | 916.32M |
| Investing Cash Flow | 0.00 | -533.25M | 354.15M | -293.41M | -2.13B | -518.80M |
| Financing Cash Flow | 0.00 | -1.72B | -2.64B | -325.96M | -733.56M | 3.54B |
MINISO Group Holding Technical Analysis
MINISO Group Holding Risk Analysis
MINISO Group Holding Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | $8.83B | 9.40 | 17.83% | 2.46% | -2.97% | -8.57% | |
73 Outperform | $10.79B | 36.56 | 17.27% | ― | 15.78% | 14.99% | |
72 Outperform | $6.11B | 20.44 | 20.83% | 3.10% | 13.37% | -19.37% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
58 Neutral | $15.11B | -44.88 | ― | ― | 3.35% | 42.99% | |
57 Neutral | $6.11B | 42.22 | ― | ― | 1.98% | -20.98% | |
53 Neutral | $4.77B | 7.16 | ― | 4.16% | -1.04% | -20.88% |
MINISO Group Holding Corporate Events
On January 5, 2026, MINISO Group Holding Limited repurchased 52,600 ordinary shares on the Hong Kong Stock Exchange at prices between HKD 37.16 and HKD 38 per share, for a total consideration of about HKD 1.99 million, under an automatic share repurchase plan. The repurchased shares are designated for cancellation, forming part of the company’s broader buyback program authorized by shareholders in June 2025, and a 30-day moratorium on new share issues or treasury share sales applies following this transaction, signaling continued capital-management efforts that marginally reduce share count and may support earnings per share and shareholder value.
The most recent analyst rating on (MNSO) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on MINISO Group Holding stock, see the MNSO Stock Forecast page.
On January 6, 2026, MINISO Group Holding Limited filed a Form 6-K for January 2026 reporting a series of Hong Kong regulatory “Next Day Disclosure Returns” covering equity changes and share repurchases between December 29, 2025, and January 5, 2026. The filing details that on December 29, 2025, MINISO repurchased 320,600 ordinary shares on the Hong Kong Stock Exchange at prices between HK$36.74 and HK$38.48, for a total consideration of about HK$11.95 million, with the shares designated for cancellation and a portion executed under an automatic share repurchase plan. These transactions form part of a broader board-authorized buyback mandate approved on June 12, 2025, signaling continued capital management efforts that may support earnings per share and shareholder returns while imposing a moratorium on new share issues in Hong Kong until late January 2026.
The most recent analyst rating on (MNSO) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on MINISO Group Holding stock, see the MNSO Stock Forecast page.
MINISO Group Holding Limited reported in a December 30, 2025 filing that it had executed a small on-market share repurchase on the Hong Kong Stock Exchange on December 23, 2025, buying back 52,600 ordinary shares at prices between HKD 37.64 and HKD 38.00 under its existing repurchase mandate and an automatic share repurchase plan. The repurchased shares, representing about 0.0043% of MINISO’s issued share capital, are designated for cancellation rather than treasury, signaling continued use of buybacks as a capital-management tool while triggering a 30-day moratorium, until January 22, 2026, on new share issues or transfers that could influence near-term trading dynamics for existing shareholders.
The most recent analyst rating on (MNSO) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on MINISO Group Holding stock, see the MNSO Stock Forecast page.
On December 23, 2025, MINISO Group Holding filed a Form 6-K in the United States disclosing Hong Kong regulatory filings related to minor changes in its share capital structure. The company reported that on December 18, 2025, it repurchased 2,592 ordinary shares (equivalent to 648 ADSs) on the New York Stock Exchange at prices between US$4.8375 and US$4.875 per share, for a total consideration of about US$12,603, under an existing 10b5-1 share repurchase program. These shares were bought for cancellation, bringing total repurchases under a June 12, 2025 board mandate to roughly 6.2 million shares, or about 0.5% of the company’s issued share capital at the time of authorization. While the transaction is small relative to MINISO’s overall share base of more than 1.23 billion ordinary shares, it underscores ongoing capital management efforts and may provide incremental support to the stock as the company continues executing its buyback mandate, subject to a moratorium on new share issues or treasury share sales until January 17, 2026.
The most recent analyst rating on (MNSO) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on MINISO Group Holding stock, see the MNSO Stock Forecast page.
On December 18, 2025, MINISO Group Holding Limited, the China-based lifestyle retailer listed in Hong Kong, filed a Form 6-K reporting changes related to its Hong Kong-listed ordinary shares during December. The company disclosed that on December 15, 2025, it repurchased 256,600 ordinary shares on the Hong Kong Stock Exchange at prices between HK$38.62 and HK$39.24 per share, for a total consideration of about HK$9.99 million, with these shares designated for cancellation. The buyback formed part of a share repurchase mandate approved on June 12, 2025, under which MINISO is authorized to repurchase up to 124,122,899 shares; following this latest transaction, the company had repurchased 5,881,424 shares, representing roughly 0.47% of its issued share capital at the time the mandate was granted. The move underscores ongoing capital management and shareholder-return efforts, while triggering a 30-day period through January 14, 2026, during which MINISO is restricted from issuing new shares or selling any treasury shares without prior exchange approval under Hong Kong listing rules.
The most recent analyst rating on (MNSO) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on MINISO Group Holding stock, see the MNSO Stock Forecast page.
On December 10, 2025, MINISO Group Holding Limited executed a repurchase of 400 ordinary shares on the New York Stock Exchange as part of its 10b5-1 repurchase program. This move is part of the company’s strategy to manage its share capital effectively, potentially enhancing shareholder value and reflecting confidence in its financial position.
The most recent analyst rating on (MNSO) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on MINISO Group Holding stock, see the MNSO Stock Forecast page.
On December 8, 2025, MINISO Group Holding Limited executed a share repurchase of 26,200 ordinary shares on the Hong Kong Stock Exchange as part of its automatic share repurchase plan. This move, authorized by a resolution on June 12, 2025, reflects the company’s strategic financial management aimed at enhancing shareholder value. The repurchase was conducted at a price range between HKD 37.88 and HKD 38 per share, totaling HKD 995,440. This action is part of MINISO’s ongoing efforts to optimize its capital structure and indicates a positive outlook on its financial stability and market confidence.
The most recent analyst rating on (MNSO) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on MINISO Group Holding stock, see the MNSO Stock Forecast page.
On December 3, 2025, MINISO Group Holding Limited executed a share repurchase of 52,600 ordinary shares on the Hong Kong Stock Exchange as part of an automatic share repurchase plan. This move is part of the company’s ongoing strategy to manage its capital structure and potentially enhance shareholder value, reflecting its commitment to maintaining a balanced approach to growth and shareholder returns.
The most recent analyst rating on (MNSO) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on MINISO Group Holding stock, see the MNSO Stock Forecast page.
On December 3, 2025, MINISO Group Holding Limited reported no changes in its share capital for November 2025, maintaining 10 billion authorized shares and 1.237 billion issued shares. The company also highlighted its ongoing share incentive plan, which allows for the issuance of new shares under certain conditions, though no new shares were issued in November. The report indicates stability in MINISO’s equity structure, which could reassure investors and stakeholders of the company’s steady market position.
The most recent analyst rating on (MNSO) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on MINISO Group Holding stock, see the MNSO Stock Forecast page.
On November 24, 2025, MINISO Group Holding Limited repurchased 866,800 ordinary shares on the Hong Kong Stock Exchange. This move, including 52,600 shares repurchased through an automatic share repurchase plan, reflects the company’s strategic financial management and may influence its stock market performance and shareholder value.
The most recent analyst rating on (MNSO) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on MINISO Group Holding stock, see the MNSO Stock Forecast page.
MINISO Group Holding Limited announced its unaudited financial results for the September quarter and the first nine months of 2025, highlighting a 28.2% increase in quarterly revenue to RMB5,796.6 million, surpassing previous guidance. The company achieved a milestone of 8,000 global stores, with strong growth in both the MINISO and TOP TOY brands. Despite a slight decline in gross margin, adjusted operating profit rose by 14.8% to RMB1,022.3 million. The results reflect MINISO’s robust expansion and market penetration, particularly in overseas markets, with a significant portion of new stores opening outside China.
The most recent analyst rating on (MNSO) stock is a Buy with a $26.00 price target. To see the full list of analyst forecasts on MINISO Group Holding stock, see the MNSO Stock Forecast page.
MINISO Group Holding Limited announced that its board of directors will meet on November 21, 2025, to consider and approve the unaudited financial results for the quarter ended September 30, 2025. The company will also hold an earnings conference call on the same day to discuss these results, providing stakeholders with insights into its financial performance and strategic direction.
The most recent analyst rating on (MNSO) stock is a Buy with a $24.50 price target. To see the full list of analyst forecasts on MINISO Group Holding stock, see the MNSO Stock Forecast page.
MINISO Group Holding Limited reported no changes in its share capital or issued shares for the month ending October 31, 2025. The company’s share incentive plan, adopted in September 2020, continues to allow for the potential issuance of additional shares, though no new shares were issued in October. This stability in share movements suggests a steady operational phase for the company, maintaining its current market position without immediate impacts on stakeholders.
The most recent analyst rating on (MNSO) stock is a Buy with a $24.50 price target. To see the full list of analyst forecasts on MINISO Group Holding stock, see the MNSO Stock Forecast page.
MINISO Group Holding Limited reported a decrease in its issued shares by 5,072,672 as of September 30, 2025, due to share repurchases and cancellations. This adjustment in share capital is part of the company’s ongoing strategy to manage its equity structure, potentially impacting shareholder value and market perception.
The most recent analyst rating on (MNSO) stock is a Buy with a $25.00 price target. To see the full list of analyst forecasts on MINISO Group Holding stock, see the MNSO Stock Forecast page.