MINISO GROUP HOLDING LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 22.51 USD | +0.72% |
|
-8.57% | +10.34% |
| May. 14 | Transcript : MINISO Group Holding Limited, Q1 2024 Earnings Call, May 14, 2024 | |
| May. 14 | Miniso Group's Q1 Adjusted Earnings, Revenue Advance | MT |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 52,343 | 19,965 | 23,395 | 44,981 | 50,220 | - | - |
| Enterprise Value (EV) 1 | 52,343 | 13,912 | 18,232 | 44,981 | 43,511 | 42,008 | 40,658 |
| P/E ratio | - | -13.9 x | 35.6 x | - | 18.6 x | 15.1 x | 12.5 x |
| Yield | - | 1.54% | 1.67% | - | 2.83% | 3.44% | 4.28% |
| Capitalization / Revenue | 5.83 x | 2.2 x | 2.32 x | 5.89 x | 2.93 x | 2.42 x | 2.04 x |
| EV / Revenue | 5.83 x | 1.53 x | 1.81 x | 5.89 x | 2.54 x | 2.02 x | 1.65 x |
| EV / EBITDA | - | 20.9 x | 14.3 x | 24.5 x | 10.8 x | 8.46 x | 6.79 x |
| EV / FCF | - | - | 16.3 x | - | 14.9 x | 13.9 x | 8.46 x |
| FCF Yield | - | - | 6.12% | - | 6.72% | 7.21% | 11.8% |
| Price to Book | - | 3.03 x | 3.22 x | - | 4.83 x | 4.15 x | 3.53 x |
| Nbr of stocks (in thousands) | 303,975 | 303,975 | 316,113 | 310,674 | 310,271 | - | - |
| Reference price 2 | 172.2 | 65.68 | 74.01 | 144.8 | 161.9 | 161.9 | 161.9 |
| 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 | 17,144 | 20,755 | 24,655 |
| EBITDA 1 | - | 666.1 | 1,272 | 1,834 | 4,018 | 4,963 | 5,989 |
| EBIT 1 | - | 401 | 882 | 1,554 | 3,495 | 4,349 | 5,263 |
| Operating Margin | - | 4.42% | 8.75% | 20.36% | 20.39% | 20.96% | 21.35% |
| Earnings before Tax (EBT) 1 | - | -1,216 | 906.8 | 1,653 | 3,583 | 4,419 | 5,358 |
| Net income 1 | -262.3 | -1,415 | 638.2 | 1,248 | 2,739 | 3,359 | 4,089 |
| Net margin | -2.92% | -15.6% | 6.33% | 16.36% | 15.98% | 16.18% | 16.58% |
| EPS 2 | - | -4.720 | 2.080 | - | 8.694 | 10.71 | 12.96 |
| Free Cash Flow 1 | - | - | 1,116 | - | 2,925 | 3,029 | 4,805 |
| FCF margin | - | - | 11.07% | - | 17.06% | 14.59% | 19.49% |
| FCF Conversion (EBITDA) | - | - | 87.75% | - | 72.81% | 61.04% | 80.23% |
| FCF Conversion (Net income) | - | - | 174.9% | - | 106.79% | 90.17% | 117.52% |
| Dividend per Share 2 | - | 1.009 | 1.238 | - | 4.581 | 5.562 | 6.932 |
| 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 | - | 3,724 | 3,841 | 4,656 | 4,842 | 4,574 | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 187.8 | 213.5 | 255.4 | 141 | 272.1 | - | 743.3 | 765.4 | 937.3 | 986 | 884.9 | - |
| Operating Margin | 7.6% | 8.04% | 9.21% | 6.02% | 11.74% | - | 19.96% | 19.93% | 20.13% | 20.36% | 19.35% | - |
| Earnings before Tax (EBT) 1 | - | - | - | - | 291.3 | - | - | 806.5 | - | - | - | - |
| Net income 1 | - | - | - | 92.67 | 204.8 | 1,248 | 582.5 | 635.8 | 731 | 749 | - | - |
| Net margin | - | - | - | 3.96% | 8.84% | - | 15.64% | 16.55% | 15.7% | 15.47% | - | - |
| EPS 2 | 0.3760 | - | - | 0.3200 | - | 1.000 | 1.880 | 2.040 | 2.254 | 2.452 | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | 4.283 | - | - |
| Announcement Date | 8/19/21 | 11/18/21 | 3/3/22 | 5/26/22 | 8/25/22 | 3/12/24 | 5/14/24 | 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 | - | 6,709 | 8,212 | 9,562 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | 1,116 | - | 2,925 | 3,029 | 4,805 |
| ROE (net income / shareholders' equity) | - | 15.6% | 10.5% | - | 26.8% | 27.4% | 27.4% |
| ROA (Net income/ Total Assets) | - | 5.98% | 6.56% | - | 17.4% | 19.1% | 20.2% |
| Assets 1 | - | -23,665 | 9,730 | - | 15,729 | 17,581 | 20,251 |
| Book Value Per Share 2 | - | 21.70 | 22.90 | - | 33.50 | 39.00 | 45.80 |
| Cash Flow per Share 2 | - | 3.110 | 4.620 | - | 10.80 | 12.70 | 15.40 |
| Capex 1 | - | 180 | 290 | - | 388 | 409 | 384 |
| Capex / Sales | - | 1.99% | 2.88% | - | 2.26% | 1.97% | 1.56% |
| 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
15
Last Close Price
161.9
CNY
Average target price
219.6
CNY
Spread / Average Target
+35.66%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +10.34% | 6.93B | |
| +54.56% | 20.06B | |
| +24.39% | 7.72B | |
| +10.67% | 7.18B | |
| +93.64% | 6.98B | |
| -2.82% | 5.92B | |
| +36.99% | 5.56B | |
| +0.30% | 5.54B | |
| -6.47% | 3.65B | |
| +3.10% | 3.59B |
- Stock Market
- Equities
- MNSO Stock
- Financials MINISO Group Holding Limited
