MINISO Group Holding Limited (MNSO) AI Stock Analysis

MINISO Group Holding Limited is an investment holding company headquartered in Guangzhou, China, that operates retail and wholesale channels across China, Asia, the Americas, and Europe. Established in 2013, the company offers lifestyle and pop toy merchandise, including home decor, small electronics, textiles, accessories, beauty tools, toys, cosmetics, personal care products, snacks, fragrances, stationery, and gifts under the MINISO and WonderLife brands. Through its TOP TOY brand, it provides blind boxes, toy bricks, model figures, and collectible dolls. As of June 30, 2022, the company operated approximately 5,200 MINISO stores, 97 TOP TOY stores, and online channels.

Between FY2021 and FY2025, MINISO grew revenue from $9.07B to $21.44B, achieving a 5-year revenue CAGR of 18.8%. Gross margin expanded from 26.8% in FY2021 to 45.0% in FY2025. Operating margin reached 20.0% in FY2023 before declining to 14.7% in FY2025. Annual net income peaked at $2.62B in FY2024 before decreasing to $1.21B in FY2025, while EPS reached $9.40. Over the trailing twelve months, revenue reached $23.55B with an operating margin of -1.0% and EPS of $0.59. In the quarter ended June 30, 2026, quarterly revenue increased 17.0% year-over-year, and quarterly earnings grew 200.0%.

As of June 30, 2026, MINISO held $7.40B in cash and short-term investments against $7.54B in total debt, resulting in net debt of $139.2M. The company reported shareholders' equity of $10.32B and total assets of $30.35B, with a current ratio of 1.57 and a debt-to-equity ratio of 0.73. Operating cash flow in FY2025 was $2.62B, supporting free cash flow of $1.65B. During FY2025, MINISO allocated $970.5M to capital expenditures, spent $520.7M on share buybacks, and distributed $1.32B in dividends.

MNSO closed at $10.19 on October 16, 2026, trading 27.1% below its 200-day average. The stock trades at a trailing P/E of 17.3x and a forward P/E of 7.5x, compared to the median of its US-listed Consumer Cyclical peers of 18.0x trailing and 14.1x forward. Its enterprise value to EBITDA ratio is 9.5x, below the peer median of 11.1x, and its price-to-sales multiple is 0.1x versus the peer median of 0.7x. Over the past year, MNSO shares fell 53.3%, while the S&P 500 gained 16.8%.

MINISO pays a semiannual dividend with an annualized forward payout of $0.67 per share, yielding 6.54%. The company has paid dividends for 6 consecutive years and carries a payout ratio of 5.1%. Its last ex-dividend date was April 20, 2026, following total dividend payments of $1.32B in FY2025.

Wall Street sentiment includes 11 Strong Buy, 2 Buy, and 4 Hold ratings, with 0 Sell or Strong Sell recommendations. The mean price target of $14.18 represents a 39.2% upside from the last close of $10.19. For the fiscal year ending December 31, 2026, analysts estimate revenue of $24.77B and EPS of $8.45, reflecting a 9.7% decline in earnings. For FY2027, 12 analysts project revenue of $27.98B and EPS of $10.10. MINISO has beat earnings estimates in 2 of the past 4 quarters, with next earnings scheduled for November 19, 2026.

This page is an AI-written research summary of MINISO Group Holding Limited (MNSO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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