MINISO Group Holding Ltd
MNSO NYSE· Retail-Variety Stores
Last close · Nov 13, 2026
$11.21
Latest fiscal year · FY25 results fiscal year ended Dec 31, 2025
| Line | FY25 |
|---|---|
| Revenue | $3.0B |
| Net income | $168M |
| Diluted EPS | $0.55 |
| Operating margin | 15.4% |
Key numbers, fiscal 2025
Market cap
$3.5B
P/E
20.6x
Revenue
$3.0B
Net income
$168M
Free cash flow
—
Operating margin
15.4%
MINISO Group Holding Ltd in 30 seconds fiscal 2025
Does it make a profit?
5.6%
A little. It keeps 5.6% of every sale as profit.
Is debt under control?
0.1x
Yes. It could repay its debt with 0.1 years of operating profit.
How is the share priced?
20.6x
One share costs 20.6 times its yearly profit per share.
What MINISO Group Holding Ltd does
MINISO sells affordable lifestyle products with distinctive designs through its MINISO and TOP TOY brands. MINISO’s products cover lifestyle goods, beauty products and toys, while TOP TOY focuses on pop toys such as model figures, 3D building blocks and vinyl plush toys. The company also sells products featuring popular licensed characters, including those from Disney, Sanrio and Universal, as well as its own characters. Its stores serve consumers across a range of ages, with many customers from younger generations. MINISO generated revenue of RMB19.5 billion (US$2.8 billion) in 2025, while TOP TOY generated revenue of RMB1.9 billion (US$0.3 billion). The company operates across Chinese Mainland and overseas markets through a global store network. As of December 31, 2025, it had approximately 8,151 MINISO stores in over 90 countries and regions, and a total of 334 TOP TOY stores. Its sales model combines stores with e-commerce and sales to local distributors in some markets.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Apr 24, 2026
- Legal name
- MINISO Group Holding Ltd
- CIK
- 0001815846
MINISO Group Holding Ltd · MNSO · stoqly.net
Results and finances
The last 5 fiscal years. Amounts in USD. Compiled by stoqly.net.
| Fiscal year | FY20 | FY21 | FY22 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $1.4B | $1.6B | $1.6B | — | $3.0B |
| Revenue growth | 7.3% | 14.0% | 5.6% | — | — |
| Gross margin | 26.8% | 30.4% | 38.7% | — | 45.0% |
| Operating margin | 4.4% | 8.7% | 19.4% | — | 15.4% |
| Net income | −$214M | $98.9M | $254M | — | $168M |
| Net margin | −15.6% | 6.3% | 15.4% | — | 5.6% |
| Diluted EPS | −$0.71 | $0.32 | $0.81 | — | $0.55 |
| Cash | |||||
| Cash from operations | $138M | $218M | $240M | — | $359M |
| Dividends paid | — | $47.4M | $53.3M | — | $189M |
| Share buybacks | — | $12.7M | $4.7M | — | $74.5M |
| Share count change | — | 10.2% | 2.8% | — | — |
| Debt and strength | |||||
| Cash and short-term investments | $1.0B | $798M | $893M | $867M | $974M |
| Debt incl. finance leases | $3.2M | $1.0M | $1.0M | $78.3M | $1.0B |
| Shareholders' equity | $1.0B | $1.0B | $1.2B | $1.4B | $1.5B |
| Net debt / EBITDA | −10.4x | −4.0x | −2.4x | — | 0.1x |
| Current ratio | 2.6x | 2.1x | 2.5x | 2.0x | 1.7x |
| Interest coverage | 14.1x | 26.4x | 64.2x | — | 7.7x |
| Returns and quality | |||||
| Return on capital | — | 38.2% | 73.3% | — | 19.1% |
| Return on equity | −43.5% | 9.5% | 22.4% | — | 11.4% |
| Return on tangible equity | −21.0% | 9.5% | 20.9% | — | 11.4% |
| Piotroski F-score | 4 | 7 | 6 | — | — |
| Altman Z'' | 4.7 | 4.2 | 6.3 | — | 3.3 |
Insider trades 12 months
Insiders bought, 12 months
$14.1M
3 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
MINISO Group Holding Ltd · MNSO · stoqly.net
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Compiled and analysed by stoqly.net from SEC EDGAR XBRL filings (CIK 0001815846). Latest version: stoqly.net/companies/mnso. Data updated November 9, 2026. Filed in CNY under IFRS and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only — not investment advice. Check the original filings before relying on any figure.