MINISO GROUP HOLDING LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 23.63 USD | +6.35% |
|
+15.49% | +15.83% |
| Apr. 26 | Nomura Adjusts MINISO Group Price Target to $33.20 From $31.10, Maintains Buy Rating | MT |
| Apr. 07 | MINISO Opens Its First Malaysian IP Collection Store in Barbie-Inspired Style | CI |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 52,343 | 19,965 | 23,395 | 44,981 | 53,045 | - | - |
| Enterprise Value (EV) 1 | 52,343 | 13,912 | 18,232 | 44,981 | 46,310 | 44,863 | 43,631 |
| P/E ratio | - | -13.9 x | 35.6 x | - | 19.7 x | 16.2 x | 13.7 x |
| Yield | - | 1.54% | 1.67% | - | 2.37% | 2.92% | 3.48% |
| Capitalization / Revenue | 5.83 x | 2.2 x | 2.32 x | 5.89 x | 3.18 x | 2.62 x | 2.24 x |
| EV / Revenue | 5.83 x | 1.53 x | 1.81 x | 5.89 x | 2.78 x | 2.22 x | 1.84 x |
| EV / EBITDA | - | 20.9 x | 14.3 x | 24.5 x | 11.7 x | 9.18 x | 7.39 x |
| EV / FCF | - | - | 16.3 x | - | 13.8 x | 27.5 x | 7.04 x |
| FCF Yield | - | - | 6.12% | - | 7.24% | 3.63% | 14.2% |
| Price to Book | - | 3.03 x | 3.22 x | - | 5.08 x | 4.37 x | 3.74 x |
| Nbr of stocks (in thousands) | 303,975 | 303,975 | 316,113 | 310,674 | 309,786 | - | - |
| Reference price 2 | 172.2 | 65.68 | 74.01 | 144.8 | 171.2 | 171.2 | 171.2 |
| Announcement Date | 9/23/20 | 8/19/21 | 8/25/22 | 3/12/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 8,979 | 9,072 | 10,086 | 7,632 | 16,663 | 20,208 | 23,677 |
| EBITDA 1 | - | 666.1 | 1,272 | 1,834 | 3,951 | 4,889 | 5,900 |
| EBIT 1 | - | 401 | 882 | 1,554 | 3,485 | 4,326 | 5,168 |
| Operating Margin | - | 4.42% | 8.75% | 20.36% | 20.91% | 21.41% | 21.83% |
| Earnings before Tax (EBT) 1 | - | -1,216 | 906.8 | 1,653 | 3,575 | 4,414 | 5,300 |
| Net income 1 | -262.3 | -1,415 | 638.2 | 1,248 | 2,673 | 3,283 | 3,932 |
| Net margin | -2.92% | -15.6% | 6.33% | 16.36% | 16.04% | 16.25% | 16.61% |
| EPS 2 | - | -4.720 | 2.080 | - | 8.673 | 10.54 | 12.54 |
| Free Cash Flow 1 | - | - | 1,116 | - | 3,352 | 1,630 | 6,201 |
| FCF margin | - | - | 11.07% | - | 20.12% | 8.07% | 26.19% |
| FCF Conversion (EBITDA) | - | - | 87.75% | - | 84.84% | 33.34% | 105.1% |
| FCF Conversion (Net income) | - | - | 174.9% | - | 125.39% | 49.65% | 157.69% |
| Dividend per Share 2 | - | 1.009 | 1.238 | - | 4.060 | 5.001 | 5.964 |
| Announcement Date | 9/23/20 | 8/19/21 | 8/25/22 | 3/12/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 S2 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,472 | 2,654 | 2,773 | 2,341 | 2,318 | - | 3,791 | 3,841 | 4,663 | 4,765 | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 187.8 | 213.5 | 255.4 | 141 | 272.1 | - | 788.3 | 765.4 | 954.8 | 1,042 | - | - |
| Operating Margin | 7.6% | 8.04% | 9.21% | 6.02% | 11.74% | - | 20.79% | 19.93% | 20.48% | 21.87% | - | - |
| Earnings before Tax (EBT) 1 | - | - | - | - | 291.3 | - | 846.2 | 806.5 | - | - | - | - |
| Net income 1 | - | - | - | 92.67 | 204.8 | 1,248 | 612.6 | 635.8 | 744 | 743 | - | - |
| Net margin | - | - | - | 3.96% | 8.84% | - | 16.16% | 16.55% | 15.96% | 15.59% | - | - |
| EPS 2 | 0.3760 | - | - | 0.3200 | - | 1.000 | 1.960 | 2.040 | 2.196 | 2.594 | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | 4.322 | - | - |
| Announcement Date | 8/19/21 | 11/18/21 | 3/3/22 | 5/26/22 | 8/25/22 | 3/12/24 | 11/21/23 | 3/12/24 | - | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - |
| Net Cash position 1 | - | 6,053 | 5,162 | - | 6,735 | 8,183 | 9,415 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | 1,116 | - | 3,352 | 1,630 | 6,201 |
| ROE (net income / shareholders' equity) | - | 15.6% | 10.5% | - | 25.7% | 26% | 26% |
| ROA (Net income/ Total Assets) | - | 5.98% | 6.56% | - | 16.7% | 19.1% | 20.4% |
| Assets 1 | - | -23,665 | 9,730 | - | 16,015 | 17,146 | 19,246 |
| Book Value Per Share 2 | - | 21.70 | 22.90 | - | 33.70 | 39.20 | 45.80 |
| Cash Flow per Share 2 | - | 3.110 | 4.620 | - | 10.30 | 13.10 | 16.40 |
| Capex 1 | - | 180 | 290 | - | 517 | 589 | 755 |
| Capex / Sales | - | 1.99% | 2.88% | - | 3.1% | 2.91% | 3.19% |
| Announcement Date | 9/23/20 | 8/19/21 | 8/25/22 | 3/12/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
12
Last Close Price
171.2
CNY
Average target price
209.5
CNY
Spread / Average Target
+22.35%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +15.83% | 7.32B | |
| +40.86% | 18.35B | |
| +11.23% | 7.29B | |
| +13.19% | 6.59B | |
| +45.96% | 5.39B | |
| +31.51% | 5.08B | |
| -8.40% | 5.07B | |
| +6.90% | 3.65B | |
| -10.80% | 3.41B | |
| +3.69% | 3.12B |
- Stock Market
- Equities
- MNSO Stock
- Financials MINISO Group Holding Limited
