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MINISO Group (MNSO) Financials

MINISO Group logo
$14.90 +0.79 (+5.56%)
Closing price 05/13/2026 03:59 PM Eastern
Extended Trading
$14.77 -0.12 (-0.83%)
As of 07:23 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for MINISO Group

Annual Income Statements for MINISO Group

This table shows MINISO Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 6/30/2019 6/30/2020 6/30/2021 6/30/2022 6/30/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
-42 -37 -219 95 244 359 173
Consolidated Net Income / (Loss)
-43 -37 -219 96 246 361 173
Net Income / (Loss) Continuing Operations
1.37 -18 -219 96 246 361 292
Total Pre-Tax Income
42 11 -186 135 322 459 393
Total Operating Income
148 108 57 132 307 454 413
Total Gross Profit
366 387 376 458 613 1,046 1,380
Total Revenue
1,370 1,270 1,409 1,506 1,582 2,328 3,081
Operating Revenue
1,370 1,270 1,409 1,506 1,582 2,328 3,081
Total Cost of Revenue
1,004 884 1,035 1,047 970 1,282 1,763
Operating Cost of Revenue
1,004 884 1,031 1,047 970 1,282 1,758
Other Cost of Revenue
- - 3.22 - - - 4.75
Total Operating Expenses
218 278 319 330 309 595 905
Selling, General & Admin Expense
206 281 312 337 324 610 928
Other Operating Expenses / (Income)
8.05 -8.18 6.25 -13 -16 -16 -28
Impairment Charge
4.02 5.21 0.45 6.33 0.33 0.87 5.09
Total Other Income / (Expense), net
-106 -97 -243 4.92 15 3.53 -20
Other Income / (Expense), net
-106 -97 -243 2.65 2.47 0.82 -20
Income Tax Expense
41 30 33 40 76 98 101
Extraordinary Income / (Loss), net
- - -0.62 - - - -119
Weighted Average Basic Shares Outstanding
0.01 -0.12 1.23B 1.23B 1.27B 1.25B 1.24B
Diluted Earnings per Share
($0.31) ($0.38) ($1.18) $0.52 $1.41 $0.29 $0.14
Weighted Average Diluted Shares Outstanding
- - 1.23B 1.23B 1.27B 1.25B 1.24B
Weighted Average Basic & Diluted Shares Outstanding
- - 1.23B 1.23B 1.27B 1.25B 1.24B

Quarterly Income Statements for MINISO Group

No quarterly income statements for MINISO Group are available.


Annual Cash Flow Statements for MINISO Group

This table details how cash moves in and out of MINISO Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 6/30/2019 6/30/2020 6/30/2021 6/30/2022 6/30/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
211 166 608 -217 144 63 -368
Net Cash From Operating Activities
151 117 142 210 230 11 1.03
Net Cash From Continuing Operating Activities
151 127 142 210 230 11 1.03
Net Income / (Loss) Continuing Operations
195 175 172 244 288 0.00 0.00
Non-Cash Adjustments To Reconcile Net Income
-44 -48 -30 -34 -58 11 1.03
Net Cash From Investing Activities
-31 65 -80 -317 -40 18 -884
Net Cash From Continuing Investing Activities
-27 66 -27 -141 -6.70 18 -884
Purchase of Investments
-140 -541 -4,468 -1,885 -1,087 -1,937 -4,468
Sale and/or Maturity of Investments
93 598 4,469 1,889 1,103 1,955 3,584
Net Cash From Financing Activities
90 -17 547 -110 -45 34 515
Net Cash From Continuing Financing Activities
113 -19 548 -94 -99 34 515
Repayment of Debt
-27 -1.30 -98 -48 -48 -0.10 -85
Repurchase of Preferred Equity
- - - - - -43 -77
Issuance of Debt
0.20 58 0.05 0.00 0.00 77 677
Other Financing Activities, net
-5.30 -30 646 0.00 0.00 0.09 -0.47

Quarterly Cash Flow Statements for MINISO Group

No quarterly cash flow statements for MINISO Group are available.


Annual Balance Sheets for MINISO Group

This table presents MINISO Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024 2025
Period end date 6/30/2020 6/30/2021 6/30/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
826 1,656 1,684 2,040 2,482 4,095
Total Current Assets
705 1,423 1,205 1,455 1,597 2,014
Cash & Equivalents
404 1,047 799 904 867 975
Restricted Cash
1.00 0.57 4.83 1.12 0.14 7.75
Short-Term Investments
0.00 16 31 36 14 0.00
Accounts Receivable
103 128 158 214 302 473
Inventories, net
197 231 177 271 377 528
Plant, Property, & Equipment, net
12 12 63 108 197 302
Plant, Property & Equipment, gross
12 12 63 108 197 302
Total Noncurrent Assets
108 221 386 463 670 1,779
Long-Term Investments
- 54 - 2.22 5.28 785
Goodwill
0.00 3.04 2.89 3.05 2.93 32
Intangible Assets
9.77 9.43 6.43 2.75 1.21 14
Noncurrent Deferred & Refundable Income Taxes
26 26 23 15 25 41
Other Noncurrent Operating Assets
72 128 350 440 635 907
Total Liabilities & Shareholders' Equity
826 1,656 1,684 2,040 2,482 4,095
Total Liabilities
871 627 635 746 1,064 2,562
Total Current Liabilities
468 539 566 621 785 1,212
Short-Term Debt
57 2.11 0.07 0.10 78 250
Accounts Payable
342 434 459 477 540 646
Current Deferred & Payable Income Tax Liabilities
- 10 13 34 35 42
Other Current Liabilities
69 91 92 109 131 274
Total Noncurrent Liabilities
403 88 70 125 279 1,350
Long-Term Debt
2.15 1.07 0.97 0.92 0.59 774
Capital Lease Obligations
54 75 59 112 261 388
Noncurrent Deferred Revenue
0.00 - - 4.12 4.79 4.73
Other Noncurrent Operating Liabilities
347 9.27 7.71 7.52 13 183
Total Equity & Noncontrolling Interests
-46 1,029 1,049 1,295 1,419 1,533
Total Preferred & Common Equity
-48 1,030 1,050 1,291 1,413 1,518
Total Common Equity
-48 1,030 1,050 1,291 1,413 1,518
Common Stock
23 1,282 1,192 892 642 413
Retained Earnings
-159 -396 -290 243 589 786
Other Equity Adjustments
89 144 148 157 182 319
Noncontrolling Interest
1.92 -1.05 -0.63 3.24 5.56 14

Quarterly Balance Sheets for MINISO Group

No quarterly balance sheets for MINISO Group are available.


Annual Metrics And Ratios for MINISO Group

This table displays calculated financial ratios and metrics derived from MINISO Group's official financial filings.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 6/30/2019 6/30/2020 6/30/2021 6/30/2022 6/30/2023 12/31/2024 12/31/2025
DEI Shares Outstanding
- - - - - - 1,237,564,177.00
DEI Adjusted Shares Outstanding
- - - - - - 1,237,564,177.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - 0.14
Growth Metrics
- - - - - - -
Revenue Growth
0.00% -7.27% 10.94% 6.85% 5.08% 47.15% 32.35%
EBITDA Growth
0.00% -72.87% -1,727.79% 172.18% 130.05% 47.26% -13.66%
EBIT Growth
0.00% -72.87% -1,727.79% 172.18% 130.05% 47.26% -13.66%
NOPAT Growth
0.00% -3,713.39% 122.92% 132.10% 151.97% 52.78% -14.12%
Net Income Growth
0.00% 14.26% -495.53% 143.57% 157.27% 46.93% -52.08%
EPS Growth
0.00% -22.58% -210.53% 144.07% 171.15% -79.60% -51.30%
Operating Cash Flow Growth
0.00% -22.78% 21.20% 48.15% 9.43% -95.16% -90.71%
Free Cash Flow Firm Growth
0.00% 0.00% -277.83% 46.14% 131.47% -164.96% 24.14%
Invested Capital Growth
0.00% 0.00% 97.78% 3,330.57% 76.43% 91.31% 40.60%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics
- - - - - - -
Gross Margin
26.73% 30.43% 26.68% 30.44% 38.73% 44.94% 44.77%
EBITDA Margin
3.08% 0.90% -13.21% 8.92% 19.53% 19.55% 12.75%
Operating Margin
10.82% 8.54% 4.06% 8.75% 19.38% 19.51% 13.40%
EBIT Margin
3.08% 0.90% -13.21% 8.92% 19.53% 19.55% 12.75%
Profit (Net Income) Margin
-3.13% -2.90% -15.55% 6.34% 15.53% 15.51% 5.61%
Tax Burden Percent
-101.87% -321.93% 117.78% 70.55% 76.35% 78.73% 44.03%
Interest Burden Percent
100.00% 100.00% 100.00% 100.78% 104.14% 100.78% 100.00%
Effective Tax Rate
96.74% 261.02% 0.00% 29.45% 23.65% 21.27% 25.60%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% 79.28% 70.03% 57.54% 31.28%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% 79.00% 68.64% 57.08% 58.44%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% -70.09% -49.06% -30.93% -19.55%
Return on Equity (ROE)
0.00% 80.54% -44.60% 9.19% 20.97% 26.61% 11.72%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% -64.68% 14.73% -5.15% -2.47%
Operating Return on Assets (OROA)
0.00% 1.38% -15.00% 8.04% 16.59% 20.12% 11.95%
Return on Assets (ROA)
0.00% -4.46% -17.67% 5.72% 13.19% 15.97% 5.26%
Return on Common Equity (ROCE)
0.00% 83.92% -44.56% 9.20% 20.95% 26.53% 11.64%
Return on Equity Simple (ROE_SIMPLE)
0.00% 77.29% -21.29% 9.10% 19.03% 25.55% 0.00%
Net Operating Profit after Tax (NOPAT)
4.83 -175 40 93 234 358 307
NOPAT Margin
0.35% -13.75% 2.84% 6.17% 14.79% 15.36% 9.97%
Net Nonoperating Expense Percent (NNEP)
0.00% 94.31% -39.03% 0.28% 1.39% 0.47% -27.16%
Return On Investment Capital (ROIC_SIMPLE)
- - - - - 20.35% 10.43%
Cost of Revenue to Revenue
73.27% 69.57% 73.42% 69.56% 61.27% 55.06% 57.22%
SG&A Expenses to Revenue
15.02% 22.13% 22.14% 22.39% 20.48% 26.19% 30.12%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
15.91% 21.89% 22.62% 21.95% 19.51% 25.56% 29.38%
Earnings before Interest and Taxes (EBIT)
42 11 -186 134 309 455 393
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
42 11 -186 134 309 455 393
Valuation Ratios
- - - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.57 2.17 3.92 5.23 3.77
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.58 2.19 3.93 5.25 3.88
Price to Revenue (P/Rev)
0.44 0.48 0.42 1.51 3.20 3.18 1.86
Price to Earnings (P/E)
0.00 0.00 0.00 23.90 20.73 20.63 33.07
Dividend Yield
0.00% 0.00% 0.00% 2.10% 1.04% 2.41% 3.37%
Earnings Yield
0.00% 0.00% 0.00% 4.18% 4.82% 4.85% 3.02%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 6.21 9.92 8.40 4.69
Enterprise Value to Revenue (EV/Rev)
0.00 0.25 0.00 1.00 2.67 2.94 1.75
Enterprise Value to EBITDA (EV/EBITDA)
0.00 27.78 0.00 11.17 13.69 15.06 13.70
Enterprise Value to EBIT (EV/EBIT)
0.00 27.78 0.00 11.17 13.69 15.06 13.70
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 16.16 18.08 19.17 17.52
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 2.72 0.00 7.15 18.42 616.66 5,209.25
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 1.95 0.00 0.00 85.96 0.00 0.00
Leverage & Solvency
- - - - - - -
Debt to Equity
0.00 -2.46 0.08 0.06 0.09 0.24 0.92
Long-Term Debt to Equity
0.00 -1.22 0.07 0.06 0.09 0.18 0.76
Financial Leverage
0.00 6.39 -1.35 -0.89 -0.71 -0.54 -0.33
Leverage Ratio
0.00 -18.07 2.52 1.61 1.59 1.67 2.23
Compound Leverage Factor
0.00 -18.07 2.52 1.62 1.65 1.68 2.23
Debt to Total Capital
0.00% 168.41% 7.04% 5.39% 8.06% 19.29% 47.96%
Short-Term Debt to Total Capital
0.00% 84.95% 0.19% 0.01% 0.01% 4.42% 8.50%
Long-Term Debt to Total Capital
0.00% 83.45% 6.85% 5.38% 8.05% 14.87% 39.46%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 2.88% -0.10% -0.06% 0.23% 0.32% 0.49%
Common Equity to Total Capital
0.00% -71.28% 93.06% 94.67% 91.71% 80.40% 51.55%
Debt to EBITDA
0.00 9.84 -0.42 0.44 0.37 0.74 3.60
Net Debt to EBITDA
0.00 -25.56 5.59 -5.77 -2.68 -1.20 -0.90
Long-Term Debt to EBITDA
0.00 4.88 -0.41 0.44 0.37 0.57 2.96
Debt to NOPAT
0.00 -0.64 1.95 0.64 0.48 0.95 4.60
Net Debt to NOPAT
0.00 1.67 -25.99 -8.34 -3.54 -1.53 -1.15
Long-Term Debt to NOPAT
0.00 -0.32 1.89 0.64 0.48 0.73 3.79
Altman Z-Score
0.00 2.08 1.35 3.52 6.00 6.44 2.91
Noncontrolling Interest Sharing Ratio
0.00% -4.20% 0.09% -0.08% 0.11% 0.32% 0.68%
Liquidity Ratios
- - - - - - -
Current Ratio
0.00 1.51 2.64 2.13 2.34 2.04 1.66
Quick Ratio
0.00 1.08 2.21 1.75 1.86 1.51 1.19
Cash Flow Metrics
- - - - - - -
Free Cash Flow to Firm (FCFF)
0.00 163 -290 -156 49 -32 -24
Operating Cash Flow to CapEx
894.28% 1,450.63% 520.77% 485.32% 986.27% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 -31.38 10.31 -2.51 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 42.11 48.12 0.87 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 33.43 43.24 0.87 0.00
Efficiency Ratios
- - - - - - -
Asset Turnover
0.00 1.54 1.14 0.90 0.85 1.03 0.94
Accounts Receivable Turnover
0.00 12.30 12.21 10.56 8.52 9.02 7.95
Inventory Turnover
0.00 4.48 4.83 5.13 4.33 3.96 3.90
Fixed Asset Turnover
0.00 101.96 116.17 40.43 18.50 15.26 12.36
Accounts Payable Turnover
0.00 2.58 2.66 2.35 2.07 2.52 2.97
Days Sales Outstanding (DSO)
0.00 29.67 29.89 34.57 42.86 40.46 45.92
Days Inventory Outstanding (DIO)
0.00 81.55 75.64 71.22 84.35 92.19 93.64
Days Payable Outstanding (DPO)
0.00 141.40 137.01 155.63 176.24 144.90 122.78
Cash Conversion Cycle (CCC)
0.00 -30.17 -31.49 -49.84 -49.03 -12.24 16.78
Capital & Investment Metrics
- - - - - - -
Invested Capital
0.00 -338 -7.49 242 427 816 1,148
Invested Capital Turnover
0.00 -7.52 -8.16 12.85 4.73 3.75 3.14
Increase / (Decrease) in Invested Capital
0.00 -338 330 249 185 390 331
Enterprise Value (EV)
0.00 318 -450 1,501 4,232 6,855 5,381
Market Capitalization
608 608 591 2,277 5,058 7,397 5,721
Book Value per Share
$0.00 ($1.57) $0.84 $0.86 $1.05 $1.12 $1.21
Tangible Book Value per Share
$0.00 ($1.89) $0.83 $0.85 $1.05 $1.11 $1.18
Total Capital
0.00 67 1,107 1,109 1,408 1,758 2,946
Total Debt
0.00 113 78 60 113 339 1,413
Total Long-Term Debt
0.00 56 76 60 113 261 1,162
Net Debt
0.00 -292 -1,040 -775 -829 -547 -354
Capital Expenditures (CapEx)
17 8.06 27 43 23 0.00 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 -111 -178 -195 -106 9.06 71
Debt-free Net Working Capital (DFNWC)
0.00 294 886 640 834 890 1,053
Net Working Capital (NWC)
0.00 237 884 640 834 812 803
Net Nonoperating Expense (NNE)
48 -138 259 -2.61 -12 -3.42 134
Net Nonoperating Obligations (NNO)
0.00 -292 -1,036 -807 -868 -602 -385
Total Depreciation and Amortization (D&A)
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital to Revenue
0.00% -8.72% -12.60% -12.96% -6.72% 0.39% 2.29%
Debt-free Net Working Capital to Revenue
0.00% 23.14% 62.88% 42.48% 52.71% 38.22% 34.18%
Net Working Capital to Revenue
0.00% 18.68% 62.73% 42.48% 52.70% 34.88% 26.05%
Earnings Adjustments
- - - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 ($1.18) $0.53 $1.42 $0.29 $0.00
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 -1.00 1.00 1.27B 1.25B 1.24B
Adjusted Diluted Earnings per Share
$0.00 $0.00 ($2.36) $1.04 $1.41 $0.29 $0.14
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 1.23B 1.23B 1.27B 1.25B 1.24B
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 ($1.18) $0.53 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 1.23B 1.23B 1.27B 1.25B 1.24B
Normalized Net Operating Profit after Tax (NOPAT)
107 80 40 97 234 358 311
Normalized NOPAT Margin
7.78% 6.26% 2.86% 6.47% 14.81% 15.39% 10.09%
Pre Tax Income Margin
3.08% 0.90% -13.21% 8.99% 20.34% 19.70% 12.75%
Debt Service Ratios
- - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 26.94 64.73 35.75 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 18.63 49.03 28.09 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 18.27 59.85 35.75 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 9.96 44.15 28.09 0.00
Payout Ratios
- - - - - - -
Dividend Payout Ratio
0.00% -126.97% 0.00% 47.87% 20.81% 0.00% 0.00%
Augmented Payout Ratio
0.00% -126.97% 0.00% 47.87% 20.81% 0.00% 0.00%

Quarterly Metrics And Ratios for MINISO Group

No quarterly metrics and ratios for MINISO Group are available.



Financials Breakdown Chart

MINISO Group Financials - Frequently Asked Questions

According to the most recent income statement we have on file, MINISO Group's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

MINISO Group's net income appears to be on an upward trend, with a most recent value of $173.00 million in 2025, falling from -$42.93 million in 2019. The previous period was $361.05 million in 2024. View MINISO Group's forecast to see where analysts expect MINISO Group to go next.

MINISO Group's total operating income in 2025 was $412.82 million, based on the following breakdown:
  • Total Gross Profit: $1.38 billion
  • Total Operating Expenses: $905.34 million

Over the last 6 years, MINISO Group's total revenue changed from $1.37 billion in 2019 to $3.08 billion in 2025, a change of 124.9%.

MINISO Group's total liabilities were at $2.56 billion at the end of 2025, a 140.8% increase from 2024, and a 194.0% increase since 2020.

In the past 5 years, MINISO Group's cash and equivalents has ranged from $403.76 million in 2020 to $1.05 billion in 2021, and is currently $974.84 million as of their latest financial filing in 2025.

Over the last 6 years, MINISO Group's book value per share changed from 0.00 in 2019 to 1.21 in 2025, a change of 121.5%.



Financial statements for NYSE:MNSO last updated on 4/27/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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