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MARKETS / NYSE / MNSO
NYSE · RETAIL-VARIETY STORES · LARGE CAP

Miniso Group Holding Ltd. MNSO

6 fiscal years on record · CNY · FY2024 reported · SEC filings only
CNY 17.0B
CNY 2.6B
In brief

What this company does

MINISO Group Holding Limited offers a variety of lifestyle products featuring distinctive IP designs. As of December 31, 2025, it operated a global store network of approximately 8,151 MINISO stores in over 90 countries and regions, including approximately 4,568 stores in Chinese Mainland and 3,583 stores overseas. It has developed two brands, MINISO and TOP TOY. Its MINISO product offering comprises a wide selection of SKUs organized across three core pillars: lifestyle, beauty and toys. Under the TOP TOY brand, it offered around 17,000 SKUs as of December 31, 2025 across pop toy categories such as model figures, 3D building blocks and vinyl plush toys. MINISO Group Holding Limited opened its first store in China in 2013.

Written from the business description in MINISO Group Holding Limited's annual report to the U.S. Securities and Exchange Commission, filed 24 April 2026. Every sentence was checked against that document before publication.

Growth
CNY 17.0B
Revenue, FY2024 · full 6-year series below
Revenue CNY B Net income CNY B
FY2024 · Revenue 17.0 · Net income 2.6
8B16B201820192020202120222024
Compound annual growth
+19.0%
+13.6%
+60.1%
+59.2%
−6.9%
−1.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +13.6% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
16 cents
of every revenue dollar became profit
Operating margin Net margin
FY2024 · Operating 19.5% · Net 15.5%
5%10%15%-5%-10%-15%201820192020202120222024
ROE
FY2024 · ROE 25.4%
10%20%-20%-40%201820192020202120222024

Each CNY of equity produced 25 cents of profit this year.

Cash & shareholders
CNY 313.4M
returned in FY2024 · dividends + net buybacks
Net buybacks CNY M Dividends CNY M
FY2024 · Dividends — · Net buybacks 313.4
200M400MDividendsNet buybacks201820192020202120222024

CNY 313.4M in buybacks — 12% of the year's profit went back to shareholders.

Total assetsCNY 18.1B
EquityCNY 10.3B
CashCNY 6.3B
Gross debtCNY 571.3M
Net debtCNY -5.8B
Current ratio2.04×

The company holds more cash than debt.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · CNY
row low → row highnegative
Metric 202420222021202020192018
Revenue CNY B17.011.510.19.19.09.4
Operating income CNY B3.32.20.90.40.81.0
EBITDA CNY B4.12.61.30.71.01.2
Income tax CNY B0.70.60.30.20.20.3
Net income CNY B2.61.80.6−1.4−0.3−0.3
EPS, diluted CNY 2.101.410.52−1.18−0.26−0.32
Dividend / sh $·0.040.04···
Payout %·2148−0−126−0
ROE %25.422.29.3−44.8··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 2 failures · 1 divergences in 26 reconciliationsAUDITED

Reconciled in 3 of 19 fiscal years. 1 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 69 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente2 failures1 divergent
ActivityRetail-Variety Stores
Listed onNYSE
Incorporated inoutside the United States — SEC code E9
Fiscal year endsDecember 31
Data on record since2018

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