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MNSO

Neutral signalScored 2026-10-27 Drivers: trend, fundamentals. Moteurs : tendance, fondamentaux.

Research, not advice.

À propos

MINISO Group Holding Limited

Nom
MINISO Group Holding Limited
Secteur
Consumer Cyclical
Industrie
Specialty Retail
Bourse
NYSE
Capitalisation
$3.2B
Employés
8,329
PDG
Guofu Ye
Site web
https://www.miniso.com
Marché
BBWICHDNETSYFNDGLBEHRB

MINISO Group Holding Limited functions as an investment holding firm primarily engaged in the global retail and wholesale distribution of a broad spectrum of lifestyle products. The company's operations extend across China, various parts of Asia, the Americas, and Europe. It offers an extensive catalog of goods, including household decor, compact electronics, textiles, fashion accessories, beauty instruments, general toys, cosmetics, personal hygiene items, snacks, perfumes, and stationery and gifts, primarily under its MINISO and WonderLife labels. Furthermore, the company caters to collectors with specialized toys like blind boxes, building bricks, model figures, kits, collectible dolls, Ichiban Kuji merchandise, and sculptures, all marketed through its TOP TOY brand. By June 30, 2021, MINISO had established a significant retail presence with approximately 4,749 MINISO stores, alongside its active online sales channels. Founded in 2013, the company maintains its corporate base in Guangzhou, China.

Price (1 year)

Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.

ACHAT TOTAL: 150600 titres (~340100 USD)

Insiders
Zhang Jingjing Eason
Total bought
$340,100

Avg buy (VWAP, 90d window) $2.26 vs last close $9.98 (+341.9%)

Total sold
—

Avg sell (VWAP, 90d window) —

Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.

Last activity
2026-09-29
Liquidity
Thin $13,991,192/day · 20d vol
Last synced
2026-10-27 04:43:11 Synced via automated research pipeline

Sign in to request a sync of this company's price history and timing levels.

Insider holdings as a share of total assets aren't available for this company.

Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.

Recent Form 4

Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.

Date Person Side Shares Price Value Form 4
2026-09-29 Zhang Jingjing Eason Buy · P 150,600 $2.26 $340,100 Form 4

Congressional trades

STOCK Act disclosures (90-day window)

Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.

No STOCK Act disclosures for this company in this window.

Signal

Neutral signalScored 2026-10-27 Drivers: trend, fundamentals. Moteurs : tendance, fondamentaux.

MNSO presents a deteriorating financial profile in 2025, with collapsing margins, unsustainable dividend payout, and rising leverage that undermine the modest liquidity cushion.

The first sentence of the analysis written for MNSO on 2026-10-27 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.

Neutral signal Drivers: trend, fundamentals. Moteurs : tendance, fondamentaux.

Factor checklist — research, not advice

A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.

  • Insider Supports a bullish reading. Open-market purchases outweigh sales
  • Narrative Pulls against a bullish reading. Stored narrative reading is in the bearish band
  • Congress Unavailable or mixed. No purchase disclosures in the stored window
  • Timing Pulls against a bullish reading. Close is more than 0.5 ATR under stored support
  • Financial indicators Supports a bullish reading. Current ratio 1.66 · operating margin 15%

Suggested stop 9.05, nearest stored support minus 0.5 ATR(9.3% under the last close). Reward/risk to the next stored resistance is 3.35. Research, not advice. Not an order.

Recent news

Market snapshot

Financial ratios

MetricTrend2025-12-312024-12-312023-12-312022-12-312021-12-31
Gross Profit Margin45.0%44.9%42.5%38.7%30.4%
Ebit Margin10.9%20.2%21.7%20.6%9.3%
Ebitda Margin16.8%25.3%25.5%21.1%10.1%
Operating Profit Margin14.7%19.0%20.0%18.5%8.1%
Pretax Profit Margin8.9%19.7%21.7%20.3%9.0%
Continuous Operations Profit Margin5.6%15.5%16.5%15.5%6.3%
Net Profit Margin5.6%15.4%16.4%15.4%6.3%
Bottom Line Profit Margin5.6%15.4%16.4%15.4%6.3%
Current Ratio1.6632.0352.3432.5492.131
Quick Ratio1.2271.5551.8962.1761.817
Solvency Ratio0.1370.4470.5820.4030.169
Cash Ratio0.8371.1051.4561.6701.412
Price To Earnings Ratio33.44720.758129.27213.02930.981
Price To Earnings Growth Ratio-0.6270.032-1.6100.078-0.213
Forward Price To Earnings Growth Ratio-0.6270.032-1.6100.078-0.213
Price To Earnings Diluted Ratio33.44720.758129.27213.12231.577
Price To Earnings Diluted Growth Ratio-0.6270.032-1.6130.077-0.219
Price To Book Ratio3.7835.2684.9292.5892.815
Price To Sales Ratio1.8753.1972.9612.0091.963
Price To Free Cash Flow Ratio24.32938.65127.13115.449115.050
Price To Operating Cash Flow Ratio15.32725.05920.58613.83414.076
Debt To Assets Ratio0.3980.1720.0860.0660.058
Debt To Equity Ratio1.0740.3010.1370.1000.094
Debt To Capital Ratio0.5180.2320.1200.0910.086
Long Term Debt To Capital Ratio0.3380.0000.0010.0010.001
Financial Leverage Ratio2.6971.7571.5801.5111.604
Working Capital Turnover Ratio3.7152.8682.5572.2272.017
Operating Cash Flow Ratio0.3090.3790.4980.4290.371
Operating Cash Flow Sales Ratio0.1220.1280.1440.1450.139
Free Cash Flow Operating Cash Flow Ratio0.6300.6480.7590.8950.122
Debt Service Coverage Ratio0.7806.178395.67054.11122.263
Interest Coverage Ratio7.322249.461428.40361.36224.554
Short Term Operating Cash Flow Coverage Ratio0.8003.8253,023.5290.0003,160.139
Operating Cash Flow Coverage Ratio0.2300.6971.7521.8662.137
Capital Expenditure Coverage Ratio2.7032.8444.1459.5671.139
Dividend Paid And Capex Coverage Ratio1.1451.0800.7993.0570.913
Dividend Payout Ratio1.0960.4750.8880.2100.480
Enterprise Value Multiple12.38111.90310.2757.19614.801

Sparkline shows each ratio oldest → newest (left → right).

How the latest year compares

For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower

MetricCurrentvs 1Y agovs 5Y avg
Gross Profit Margin 45.0% ▲0.1% ▲4.7%
Ebit Margin 10.9% ▼-9.3% ▼-5.6%
Ebitda Margin 16.8% ▼-8.5% ▼-3.0%
Operating Profit Margin 14.7% ▼-4.2% ▼-1.3%
Pretax Profit Margin 8.9% ▼-10.8% ▼-7.0%
Continuous Operations Profit Margin 5.6% ▼-9.9% ▼-6.2%
Net Profit Margin 5.6% ▼-9.8% ▼-6.2%
Bottom Line Profit Margin 5.6% ▼-9.8% ▼-6.2%
Current Ratio 1.663 ▼-0.373 ▼-0.482
Quick Ratio 1.227 ▼-0.328 ▼-0.507
Solvency Ratio 0.137 ▼-0.310 ▼-0.210
Cash Ratio 0.837 ▼-0.268 ▼-0.459
Price To Earnings Ratio 33.447 ▲12.689 ▼-12.051
Price To Earnings Growth Ratio -0.627 ▼-0.659 ▼-0.159
Forward Price To Earnings Growth Ratio -0.627 ▼-0.659 ▼-0.159
Price To Earnings Diluted Ratio 33.447 ▲12.689 ▼-12.188
Price To Earnings Diluted Growth Ratio -0.627 ▼-0.659 ▼-0.157
Price To Book Ratio 3.783 ▼-1.484 ▼-0.093
Price To Sales Ratio 1.875 ▼-1.323 ▼-0.526
Price To Free Cash Flow Ratio 24.329 ▼-14.322 ▼-19.793
Price To Operating Cash Flow Ratio 15.327 ▼-9.731 ▼-2.449
Debt To Assets Ratio 0.398 ▲0.227 ▲0.242
Debt To Equity Ratio 1.074 ▲0.772 ▲0.733
Debt To Capital Ratio 0.518 ▲0.286 ▲0.309
Long Term Debt To Capital Ratio 0.338 ▲0.337 ▲0.270
Financial Leverage Ratio 2.696 ▲0.940 ▲0.867
Working Capital Turnover Ratio 3.715 ▲0.846 ▲1.038
Operating Cash Flow Ratio 0.309 ▼-0.069 ▼-0.088
Operating Cash Flow Sales Ratio 0.122 ▼-0.005 ▼-0.013
Free Cash Flow Operating Cash Flow Ratio 0.630 ▼-0.018 ▲0.019
Debt Service Coverage Ratio 0.780 ▼-5.398 ▼-95.020
Interest Coverage Ratio 7.322 ▼-242.139 ▼-146.899
Short Term Operating Cash Flow Coverage Ratio 0.800 ▼-3.024 ▼-1236.858
Operating Cash Flow Coverage Ratio 0.230 ▼-0.467 ▼-1.107
Capital Expenditure Coverage Ratio 2.703 ▼-0.141 ▼-1.377
Dividend Paid And Capex Coverage Ratio 1.145 ▲0.064 ▼-0.254
Dividend Payout Ratio 1.096 ▲0.621 ▲0.466
Enterprise Value Multiple 12.381 ▲0.478 ▲1.070

Key metrics

MetricTrend20252024202320222021
Market cap$40.20B$54.34B$45.19B$23.05B$19.79B
Enterprise value$44.52B$51.12B$40.02B$17.45B$15.10B
EV / Sales2.08x3.01x2.62x1.52x1.50x
EV / Op. cash flow16.97x23.57x18.23x10.47x10.74x
EV / Free cash flow26.94x36.36x24.03x11.70x87.79x
EV / EBITDA12.38x11.90x10.28x7.20x14.80x
Net debt / EBITDA1.20x-0.75x-1.32x-2.31x-4.60x
Current ratio1.66x2.04x2.34x2.55x2.13x
Income quality2.24x0.82x0.97x0.94x2.20x
Graham number$14$20$18$15$8
Graham net-net-$22$6$8$13$9
Tax burden63.0%78.2%75.5%75.8%70.4%
Interest burden81.6%97.3%99.8%98.5%96.4%
Working capital$5.62B$5.93B$5.92B$6.02B$4.28B
Invested capital$13.17B$11.57B$9.63B$9.15B$7.31B
Return on assets4.2%14.4%17.2%13.2%5.7%
Operating ROA13.5%19.8%21.8%17.2%7.5%
Return on tangible assets4.3%15.9%17.3%15.1%6.7%
Return on equity11.3%25.4%27.2%19.9%9.1%
Return on invested capital8.5%18.7%22.0%16.4%7.5%
Return on capital employed15.6%26.0%30.2%22.2%10.9%
Earnings yield3.0%4.8%5.5%7.7%3.2%
Free cash flow yield4.1%2.6%3.7%6.5%0.9%
Capex / Op. cash flow37.0%35.2%24.1%10.5%87.8%
Capex / Depreciation77.5%89.3%90.8%305.7%1537.7%
Capex / Sales4.5%4.5%3.5%1.5%12.2%
SG&A / Sales30.3%26.2%22.6%20.5%22.4%
R&D / Sales0.0%0.0%0.0%0.0%0.0%
Stock comp / Sales0.0%0.5%0.5%0.5%0.8%
Intangibles / Total assets1.1%9.2%0.3%13.0%16.1%
Days sales outstanding49d41d10d30d29d
Days payables outstanding48d50d141d34d34d
Operating cycle163d148d92d106d91d
Cash conversion cycle115d98d-49d72d57d

Change by theme

Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.

Change over 1 year

Valuation
Market cap ▼-26.0%EV / Sales ▼-31.0%EV / EBITDA ▲+4.0%EV / Op. cash flow ▼-6.600Earnings yield ▼-0.018Graham number ▼-5.935
Profitability
Return on equity ▼-0.140Return on assets ▼-0.102Return on invested capital ▼-0.101Return on capital employed ▼-0.103Operating ROA ▼-0.063Income quality ▲+1.415Tax burden ▼-0.152
Efficiency
Days sales outstanding ▲+8.282Days payables outstanding ▼-1.829Operating cycle ▲+15.286Cash conversion cycle ▲+17.115Capex / Sales +0.000R&D / Sales n/a
Balance-sheet strength
Current ratio ▼-0.373Net debt / EBITDA ▲+1.951Working capital ▼-311375449.000Invested capital ▲+1602751408.000Intangibles / Total assets ▼-0.081

Change over 5 years

Valuation
Market cap ▲+103.1%EV / Sales ▲+38.6%EV / EBITDA ▼-16.4%EV / Op. cash flow ▲+6.233Earnings yield ▼-0.002Graham number ▲+5.504
Profitability
Return on equity ▲+0.023Return on assets ▼-0.015Return on invested capital ▲+0.010Return on capital employed ▲+0.047Operating ROA ▲+0.060Income quality ▲+0.039Tax burden ▼-0.074
Efficiency
Days sales outstanding ▲+19.746Days payables outstanding ▲+14.259Operating cycle ▲+72.228Cash conversion cycle ▲+57.969Capex / Sales ▼-0.077R&D / Sales n/a
Balance-sheet strength
Current ratio ▼-0.468Net debt / EBITDA ▲+5.798Working capital ▲+1333045551.000Invested capital ▲+5860616408.000Intangibles / Total assets ▼-0.150

Employee count

Peer market caps