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MINISO Group Holding Ltd (9896.HK)

HKD24.48 +1.74 (+7.65%)
CN HKSE Consumer Cyclical Specialty Retail
Address M Plaza 510000
Guangzhou, CN
CEO Guofu Ye
Website miniso.com
IPO 2022-07-13
ISIN KYG6180F1081

Explore sections of this company profile

Description

MINISO Group Holding Limited operates as an investment entity, primarily focused on the global retail and wholesale distribution of lifestyle items and popular toy products. Its expansive portfolio features a broad range of categories under the MINISO brand, including household decorations, compact electronics, textiles, fashion accessories, beauty tools, playthings, cosmetics, personal care products, snacks, fragrances, and stationery and gift selections. Furthermore, its TOP TOY brand specializes in trending collectibles like mystery boxes, building blocks, model figures, and collectible dolls, among other sought-after toys. The company also engages in brand licensing activities and manages a distinctive character-themed store in Vietnam. Established in 2013 and headquartered in Guangzhou, China, MINISO's market reach extends throughout China, other parts of Asia, the Americas, Europe, and Indonesia.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
HKD24.48 +1.74 (+7.65%)
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Volume Profile
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Liquidity & share structure
Average Volume
4M
Beta
0.07
Float Shares
365.70M
Free Float %
30.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.48% -9.57% -18.70% -33.41% -38.74% -34.07% -31.03% -20.92% +79.37% +79.37% +79.37%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (1 ratings, all time) Buy
Price Targets & DCF
Current price
24.48
DCF (Unlevered) 55.90 +128.3%
DCF (Levered) 83.07 +239.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 93% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 10 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.45
Grey zone
Piotroski F-Score
4 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Specialty Retail: +6.4%
    +11.3% Q2'26: -24.4% (vs Q2'25)
  • EPS growth Specialty Retail: +20.6%
    -4.6% Q2'26: -167.5% (vs Q2'25)
  • FCF margin FCF growth · Specialty Retail: +29.3%
    +20.5% Q2'26: +0.0% (vs Q2'25)
  • EBIT margin Specialty Retail: +5.4%
    +20.3% Q2'26: -1.8% (vs Q2'25)
  • ROIC Specialty Retail: +6.5%
    Q2'26: -1.7% (vs Q2'25)
  • Share dilution Specialty Retail: +0.1%
    -0.4% Q2'26: -1.3% (vs Q2'25)
  • Debt / EBITDA Net debt/EBITDA · Specialty Retail: 0.14×
    Q2'26: 2.58× (vs Q2'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.12) × ERP
WACC = 89% × Ke + 11% × Kd (4.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 56.31 Current price: 24.48
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Jun 2025
actual
Jun 2026
18 Rev. Ana.
6 EPS Ana.
Revenue
9.07B
est: 8.58B (+5.7%)
10.09B
est: 10.41B (-3.1%)
11.47B
est: 11.36B (+1.0%)
16.99B
est: 17.28B (-1.6%)
21.45B
21.31B – 21.58B
+24.2% YoY
EBITDA
-922.81M
est: 1.37B (-167.6%)
1.02B
est: 1.66B (-38.4%)
2.43B
est: 1.81B (+34.2%)
4.29B
est: 2.75B (+56.2%)
3.41B
3.39B – 3.43B
+24.2% YoY
EBIT
-1.19B
est: 1.12B (-206.1%)
940.21M
est: 1.36B (-30.8%)
2.37B
est: 1.48B (+59.7%)
3.44B
est: 2.26B (+52.5%)
2.80B
2.78B – 2.82B
+24.2% YoY
Net Income
-1.42B
est: 458.37M (-408.7%)
638.17M
est: 606.74M (+5.2%)
1.77B
est: 1.65B (+7.4%)
2.62B
est: 2.67B (-1.8%)
2.45B
2.35B – 2.56B
-8.0% YoY
SGA
2.02B
est: 1.98B (+1.9%)
2.26B
est: 2.40B (-6.0%)
2.35B
est: 2.62B (-10.3%)
4.45B
est: 3.69B (+20.7%)
4.58B
4.55B – 4.61B
+24.2% YoY
EPS
-1.18
est: 0.38 (-413.8%)
0.53
est: 0.50 (+6.5%)
1.42
est: 1.35 (+5.1%)
2.11
est: 2.19 (-3.5%)
2.01
1.92 – 2.10
-8.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-27 A 4/5 5/5 5/5 5/5 2/5 3/5 2/5
2026-05-26 A 4/5 5/5 4/5 4/5 1/5 4/5 4/5
2026-05-22 A 4/5 5/5 4/5 4/5 1/5 4/5 4/5
2026-05-21 A 4/5 5/5 4/5 4/5 1/5 4/5 4/5
2026-05-20 A 4/5 5/5 4/5 4/5 1/5 4/5 4/5
2026-05-19 A 4/5 5/5 4/5 4/5 1/5 4/5 4/5
2026-05-18 B+ 3/5 5/5 4/5 4/5 1/5 2/5 2/5
2026-05-15 B+ 3/5 5/5 4/5 4/5 1/5 2/5 2/5
2026-05-14 B+ 3/5 5/5 4/5 4/5 1/5 2/5 2/5
2026-05-13 B+ 3/5 5/5 4/5 4/5 1/5 2/5 2/5
2026-05-12 B+ 3/5 5/5 4/5 4/5 1/5 2/5 2/5
2026-05-11 B+ 3/5 5/5 4/5 4/5 1/5 2/5 2/5
2026-05-08 B+ 3/5 5/5 4/5 4/5 1/5 2/5 2/5
2026-05-07 B+ 3/5 5/5 4/5 4/5 1/5 2/5 2/5
2026-05-06 B+ 3/5 5/5 4/5 4/5 1/5 2/5 2/5
2026-05-05 B+ 3/5 5/5 4/5 4/5 1/5 2/5 2/5
2026-05-04 B+ 3/5 5/5 4/5 4/5 1/5 2/5 2/5
2026-04-30 B+ 3/5 5/5 4/5 4/5 1/5 2/5 2/5
2026-04-29 B+ 3/5 5/5 4/5 4/5 1/5 2/5 2/5
2026-04-28 B+ 3/5 5/5 4/5 4/5 1/5 2/5 2/5
2026-04-27 B+ 3/5 5/5 4/5 4/5 1/5 2/5 2/5
2026-04-24 B+ 3/5 5/5 4/5 5/5 1/5 2/5 2/5
2026-04-23 B+ 3/5 5/5 4/5 5/5 1/5 2/5 2/5
2026-04-22 B+ 3/5 5/5 4/5 5/5 1/5 2/5 2/5
2026-04-21 B+ 3/5 5/5 4/5 5/5 1/5 2/5 2/5
2026-04-20 B+ 3/5 5/5 4/5 5/5 1/5 2/5 2/5
2026-04-17 B+ 3/5 5/5 4/5 5/5 1/5 2/5 2/5
2026-04-16 B+ 3/5 5/5 4/5 5/5 1/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
594.77M
OE per share TTM
0.90
Owner's Yield
2.00%
Maintenance CapEx ratio
34.93%
Maint CapEx / Avg PPE
18.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 147 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
334.8K
Shares Outstanding
1.21B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Guofu Ye Founder, Chairman of the Board of Directors & Chief Executive Officer 4M male
Allis-Yueling Chen Investor Relation Specialist female
Hoi Ting Wong Joint Company Secretary female
Jingjing Zhang Vice President, Chief Financial Officer & Joint Company Secretary male
Yang Yunyun Vice President female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits