What is MINISO GROUP HOLDING LTD's earnings per share (EPS)?

MINISO GROUP HOLDING LTD (MSOGF) reported diluted earnings per share of $0.29 for fiscal year 2024. This represents a 48.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

MINISO GROUP HOLDING LTD (MSOGF) Financials

MSOGF

FY2024 annual

Revenue $2.3B +47.1% YoY

Net Income $358.6M +47.0% YoY

EPS (Diluted) $0.29 +48.0% YoY

Operating Cash Flow $297.1M +29.3% YoY

Source SEC Filings (20-F/6-K) Latest period FY2024, ended Dec 31, 2024 Reported Apr 24, 2025 Currency USD FYE December

Newest figures come from the 20-F for FY2024, filed Apr 24, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MSOGF SEC filings page.

MINISO GROUP HOLDING LTD (MSOGF) reported $2.3B in revenue for fiscal year 2024, up 47.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial health score not available

MINISO GROUP HOLDING LTD does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

6/8

MINISO GROUP HOLDING LTD passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

0.83x

For every $1 of reported earnings, MINISO GROUP HOLDING LTD generates $0.83 in operating cash flow ($297.1M OCF vs $358.6M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage Safe

2,566.40x

MINISO GROUP HOLDING LTD earns $2,566.40 in operating income for every $1 of interest expense ($454.3M vs $177K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$2.3B

YoY+47.1%

5Y CAGR+11.2%

MINISO GROUP HOLDING LTD generated $2.3B in revenue in fiscal year 2024. This represents an increase of 47.1% from the prior year.

EBITDA

$565.1M

YoY+56.7%

5Y CAGR+26.3%

MINISO GROUP HOLDING LTD's EBITDA was $565.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 56.7% from the prior year.

Net Income

$358.6M

YoY+47.0%

5Y CAGRn/m

MINISO GROUP HOLDING LTD reported $358.6M in net income in fiscal year 2024. This represents an increase of 47.0% from the prior year.

EPS (Diluted)

$0.29

YoY+48.0%

5Y CAGRn/m

MINISO GROUP HOLDING LTD earned $0.29 per diluted share (EPS) in fiscal year 2024. This represents an increase of 48.0% from the prior year.

Cash & Balance Sheet

Cash & Debt

$866.9M

YoY-3.1%

MINISO GROUP HOLDING LTD held $866.9M in cash against $590K in long-term debt as of fiscal year 2024.

Shares Outstanding

1.25B

MINISO GROUP HOLDING LTD had 1.25B shares outstanding in fiscal year 2024.

Free Cash Flow

Not reported for fiscal year 2024.

Dividends Per Share

Not reported for fiscal year 2024.

Margins & Returns

Gross Margin

44.9%

YoY+6.2pp

5Y change+18.2pp

MINISO GROUP HOLDING LTD's gross margin was 44.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 6.2 percentage points from the prior year.

Operating Margin

19.5%

YoY+0.1pp

5Y change+8.7pp

MINISO GROUP HOLDING LTD's operating margin was 19.5% in fiscal year 2024, reflecting core business profitability. This is up 0.1 percentage points from the prior year.

Net Margin

15.4%

YoY0.0pp

5Y change+18.5pp

MINISO GROUP HOLDING LTD's net profit margin was 15.4% in fiscal year 2024, showing the share of revenue converted to profit. That is unchanged from the prior year.

Return on Equity

25.4%

YoY+5.5pp

MINISO GROUP HOLDING LTD's ROE was 25.4% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 5.5 percentage points from the prior year.

Capital Allocation

Share Buybacks

$45.2M

YoY+902.9%

MINISO GROUP HOLDING LTD spent $45.2M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 902.9% from the prior year.

R&D Spending

Not reported for fiscal year 2024.

Capital Expenditures

Not reported for fiscal year 2024.

MSOGF Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MSOGF annual income statement

Metric	FY2420-F	FY2320-F	FY2220-F	FY2120-F	FY2020-F	FY1920-F
Revenue	$2.3B+47.1%	$1.6B+5.1%	$1.5B+7.2%	$1.4B+10.6%	$1.3B-7.1%	$1.4B
Cost of Revenue	$1.3B+32.2%	$969.5M-7.4%	$1.0B+1.8%	$1.0B+16.3%	$884.1M-11.8%	$1.0B
Gross Profit	$1.0B+70.8%	$612.7M+33.7%	$458.3M+21.7%	$376.5M-2.7%	$386.8M+5.7%	$365.8M
Operating Income	$454.3M+48.2%	$306.6M+132.8%	$131.7M+112.0%	$62.1M-42.8%	$108.5M-26.7%	$148.1M
EBITDA	$565.1M+56.7%	$360.5M+89.9%	$189.9M+84.1%	$103.2M-29.6%	$146.5M-16.8%	$176.0M
Interest Expense	$177K+467.9%	$31K-48.5%	$60K-74.7%	$239K-67.6%	$739K+114.6%	$344K
Income Tax	$97.6M+28.2%	$76.1M+90.8%	$39.9M+20.7%	$33.0M+10.6%	$29.9M-26.7%	$40.7M
Net Income	$358.6M+47.0%	$243.9M+156.0%	$95.3Mn/m	-$219.2Mn/m	-$37.1Mn/m	-$42.3M
EPS (Basic)	$0.29+47.7%	$0.20+147.5%	$0.08n/m	-$0.18n/m	-$0.04n/m	-$0.05
EPS (Diluted)	$0.29+48.0%	$0.19+150.5%	$0.08n/m	-$0.18n/m	-$0.04n/m	-$0.05
Diluted Shares (Avg)	1.25B-0.3%	1.25B+2.8%	1.22B	N/A	N/A	N/A

Metric	Q4'2420-F	Q4'2320-F	Q2'2320-F	Q2'2220-F	Q1'226-K	Q2'2120-F	Q1'216-K	Q2'2020-F
Revenue	N/A	N/A	N/A	N/A	$369.3M+8.5%	N/A	$340.3M	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	$257.8M+5.4%	N/A	$244.7M	N/A
Gross Profit	N/A	N/A	N/A	N/A	$111.5M+16.6%	N/A	$95.6M	N/A
Operating Income	N/A	N/A	N/A	N/A	$22.2M-9.5%	N/A	$24.6M	N/A
Interest Expense	N/A	N/A	N/A	N/A	$11K-58.1%	N/A	$27K	N/A
Income Tax	N/A	N/A	N/A	N/A	$8.3M+15.1%	N/A	$7.3M	N/A
Net Income	N/A	N/A	N/A	N/A	$15.2M-18.1%	N/A	$18.6M	N/A
EPS (Basic)	N/A	N/A	N/A	$0.03+17.1%	$0.01-17.6%	$0.02	$0.02	N/A
EPS (Diluted)	N/A	N/A	N/A	$0.02+10.1%	$0.01-17.6%	$0.02	$0.02	N/A
Diluted Shares (Avg)	N/A	N/A	N/A	N/A	1.21B-0.5%	N/A	1.22B	N/A

Not reported in any period shown, so not listed: R&D Expenses, SG&A Expenses.

MSOGF Balance Sheet

MSOGF annual balance sheet

Metric	FY2420-F	FY2320-F	FY2220-F	FY2120-F	FY2020-F	FY1920-F
Total Assets	$2.5B+33.9%	$1.9B+10.1%	$1.7B+1.6%	$1.7B+100.7%	$826.1M	N/A
Current Assets	$1.6B+16.9%	$1.4B+13.3%	$1.2B-15.4%	$1.4B+101.9%	$705.8M	N/A
Cash & Equivalents	$866.9M-3.1%	$894.9M+12.1%	$798.5M-23.9%	$1.0B+159.6%	$404.0M	N/A
Inventory	$376.8M+88.4%	$200.0M+12.8%	$177.4M-23.4%	$231.7M+17.3%	$197.5M	N/A
Accounts Receivable	$302.4M+90.6%	$158.6M+0.6%	$157.7M+23.4%	$127.7M+23.6%	$103.3M	N/A
Goodwill	$2.9M+1.0%	$2.9M+0.4%	$2.9M-4.8%	$3.0Mn/m	$0	N/A
Total Liabilities	$1.1B+70.3%	$624.6M-1.7%	$635.2M+1.2%	$627.7M-28.0%	$871.8M	N/A
Current Liabilities	$784.6M+46.4%	$535.8M-5.3%	$565.6M+4.9%	$539.4M+15.2%	$468.4M	N/A
Non-Current Liabilities	$279.1M+214.4%	$88.8M+27.7%	$69.5M-21.2%	$88.3M-78.1%	$403.3M	N/A
Long-Term Debt	$590K-40.7%	$995K+2.5%	$971K-9.5%	$1.1M-50.2%	$2.2M	N/A
Total Equity	$1.4B+15.1%	$1.2B+16.9%	$1.0B+1.8%	$1.0Bn/m	-$47.6Mn/m	-$16.6M
Retained Earnings	$589.4M+692.4%	$74.4Mn/m	-$290.3Mn/m	-$396.2Mn/m	-$159.2M	N/A

Metric	Q4'2420-F	Q4'2320-F	Q2'2320-F	Q2'2220-F	Q1'226-K	Q2'2120-F	Q1'216-K	Q2'2020-F
Total Assets	$2.5B+21.7%	$2.0B	$1.9B+10.1%	$1.7B+1.6%	$1.7B	$1.7B+100.7%	N/A	$826.1M
Current Assets	$1.6B+9.8%	$1.5B	$1.4B+13.3%	$1.2B-15.4%	$1.2B	$1.4B+101.9%	N/A	$705.8M
Cash & Equivalents	$866.9M-4.1%	$903.6M	$894.9M+12.1%	$798.5M-23.9%	$831.3M	$1.0B+159.6%	N/A	$404.0M
Inventory	$376.8M+39.2%	$270.7M	$200.0M+12.8%	$177.4M-23.4%	$183.5M	$231.7M+17.3%	N/A	$197.5M
Accounts Receivable	$302.4M+41.4%	$213.9M	$158.6M+0.6%	$157.7M+23.4%	$167.3M	$127.7M+23.6%	N/A	$103.3M
Goodwill	$2.9M-3.7%	$3.0M	$2.9M+0.4%	$2.9M-4.8%	$3.0M	$3.0Mn/m	N/A	$0
Total Liabilities	$1.1B+42.7%	$745.7M	$624.6M-1.7%	$635.2M+1.2%	$648.3M	$627.7M-28.0%	N/A	$871.8M
Current Liabilities	$784.6M+26.4%	$620.7M	$535.8M-5.3%	$565.6M+4.9%	$575.9M	$539.4M+15.2%	N/A	$468.4M
Non-Current Liabilities	$279.1M+123.4%	$124.9M	$88.8M+27.7%	$69.5M-21.2%	$72.4M	$88.3M-78.1%	N/A	$403.3M
Long-Term Debt	$590K-35.8%	$920K	$995K+2.5%	$971K-9.5%	$999K	$1.1M-50.2%	N/A	$2.2M
Total Equity	$1.4B+9.4%	$1.3B	$1.2B+16.9%	$1.0B+1.8%	$1.1B+8.3%	$1.0Bn/m	$990.0M	-$47.6M
Retained Earnings	$589.4M+143.0%	$242.6M	$74.4Mn/m	-$290.3Mn/m	-$339.1M	-$396.2Mn/m	N/A	-$159.2M

Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.

MSOGF Cash Flow Statement

MSOGF annual cash flow statement

Metric	FY2420-F	FY2320-F	FY2220-F	FY2120-F	FY2020-F	FY1920-F
Operating Cash Flow	$297.1M+29.3%	$229.8M+9.4%	$209.9M+47.9%	$141.9M+21.3%	$117.0M-22.7%	$151.3M
Depreciation & Amortization	$110.8M+105.4%	$53.9M-7.3%	$58.2M+41.8%	$41.0M+7.9%	$38.0M+36.1%	$27.9M
Investing Cash Flow	-$73.1Mn/m	-$40.5Mn/m	-$317.4Mn/m	-$80.4M-222.7%	$65.5Mn/m	-$30.7M
Financing Cash Flow	-$235.7Mn/m	-$45.0Mn/m	-$109.5M-120.0%	$547.7Mn/m	-$16.7M-118.5%	$90.3M
Dividends Paid	$170.5M+233.4%	$51.1M+11.8%	$45.7M	N/A	$46.8M	N/A
Share Buybacks	$45.2M+902.9%	$4.5M-63.2%	$12.3M	N/A	N/A	N/A

Metric	Q4'2420-F	Q4'2320-F	Q2'2320-F	Q2'2220-F	Q1'226-K	Q2'2120-F	Q1'216-K	Q2'2020-F
Operating Cash Flow	N/A	N/A	N/A	$53.5Mn/m	N/A	-$388K	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	-$34.6Mn/m	N/A	-$16.6M	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	-$15.5Mn/m	N/A	-$7.1M	N/A	N/A
Dividends Paid	N/A	N/A	N/A	$0	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	$4.1M	$8.6M	N/A	N/A	N/A

Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow.

MSOGF Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MSOGF annual financial ratios

Metric	FY2420-F	FY2320-F	FY2220-F	FY2120-F	FY2020-F	FY1920-F
Gross Margin	44.9%+6.2pp	38.7%+8.3pp	30.4%+3.6pp	26.8%-3.6pp	30.4%+3.7pp	26.7%
Operating Margin	19.5%+0.1pp	19.4%+10.6pp	8.8%+4.3pp	4.4%-4.1pp	8.5%-2.3pp	10.8%
Net Margin	15.4%0.0pp	15.4%+9.1pp	6.3%+21.9pp	-15.6%-12.7pp	-2.9%+0.2pp	-3.1%
Return on Equity	25.4%+5.5pp	19.9%+10.8pp	9.1%+30.3pp	-21.3%	N/A	N/A
Return on Assets	14.4%+1.3pp	13.2%+7.5pp	5.7%+18.9pp	-13.2%-8.7pp	-4.5%	N/A
Current Ratio	2.04-0.5x	2.55+0.4x	2.13-0.5x	2.64+1.1x	1.51	N/A
Debt-to-Equity	0.000.0x	0.000.0x	0.000.0x	0.00	N/A	N/A
Liabilities-to-Equity	0.75+0.2x	0.51-0.1x	0.600.0x	0.61	N/A	N/A
Asset Turnover	0.94+0.1x	0.850.0x	0.890.0x	0.85-0.7x	1.54	N/A

Metric	Q4'2420-F	Q4'2320-F	Q2'2320-F	Q2'2220-F	Q1'226-K	Q2'2120-F	Q1'216-K	Q2'2020-F
Gross Margin	N/A	N/A	N/A	N/A	30.2%+2.1pp	N/A	28.1%	N/A
Operating Margin	N/A	N/A	N/A	N/A	6.0%-1.2pp	N/A	7.2%	N/A
Net Margin	N/A	N/A	N/A	N/A	4.1%-1.3pp	N/A	5.5%	N/A
Return on Equity	N/A	N/A	N/A	N/A	1.4%-0.5pp	N/A	1.9%	N/A
Return on Assets	N/A	N/A	N/A	N/A	0.9%	N/A	N/A	N/A
Current Ratio	2.04-0.3x	2.34	2.55+0.4x	2.13-0.5x	2.11	2.64+1.1x	N/A	1.51
Debt-to-Equity	0.000.0x	0.00	0.000.0x	0.000.0x	0.00	0.00	N/A	N/A
Liabilities-to-Equity	0.75+0.2x	0.58	0.51-0.1x	0.600.0x	0.60	0.61	N/A	N/A
Asset Turnover	N/A	N/A	N/A	N/A	0.21	N/A	N/A	N/A

Not reported in any period shown, so not listed: FCF Margin.

Where MINISO GROUP HOLDING LTD Ranks

Frequently Asked Questions

What is MINISO GROUP HOLDING LTD's annual revenue?

MINISO GROUP HOLDING LTD (MSOGF) reported $2.3B in total revenue for fiscal year 2024. This represents a 47.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is MINISO GROUP HOLDING LTD's revenue growing?

MINISO GROUP HOLDING LTD (MSOGF) revenue grew by 47.1% year-over-year, from $1.6B to $2.3B in fiscal year 2024.

Is MINISO GROUP HOLDING LTD profitable?

Yes, MINISO GROUP HOLDING LTD (MSOGF) reported a net income of $358.6M in fiscal year 2024, with a net profit margin of 15.4%.

What is MINISO GROUP HOLDING LTD's EBITDA?

MINISO GROUP HOLDING LTD (MSOGF) had EBITDA of $565.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does MINISO GROUP HOLDING LTD have?

As of fiscal year 2024, MINISO GROUP HOLDING LTD (MSOGF) had $866.9M in cash and equivalents against $590K in long-term debt.

What is MINISO GROUP HOLDING LTD's gross margin?

MINISO GROUP HOLDING LTD (MSOGF) had a gross margin of 44.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is MINISO GROUP HOLDING LTD's operating margin?

MINISO GROUP HOLDING LTD (MSOGF) had an operating margin of 19.5% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is MINISO GROUP HOLDING LTD's net profit margin?

MINISO GROUP HOLDING LTD (MSOGF) had a net profit margin of 15.4% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is MINISO GROUP HOLDING LTD's return on equity (ROE)?

MINISO GROUP HOLDING LTD (MSOGF) has a return on equity of 25.4% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is MINISO GROUP HOLDING LTD's operating cash flow?

MINISO GROUP HOLDING LTD (MSOGF) generated $297.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are MINISO GROUP HOLDING LTD's total assets?

MINISO GROUP HOLDING LTD (MSOGF) had $2.5B in total assets as of fiscal year 2024, including both current and long-term assets.

Does MINISO GROUP HOLDING LTD buy back shares?

Yes, MINISO GROUP HOLDING LTD (MSOGF) spent $45.2M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does MINISO GROUP HOLDING LTD have outstanding?

MINISO GROUP HOLDING LTD (MSOGF) had 1.25B shares outstanding as of fiscal year 2024.

What is MINISO GROUP HOLDING LTD's current ratio?

MINISO GROUP HOLDING LTD (MSOGF) had a current ratio of 2.04 as of fiscal year 2024, which is generally considered healthy.

What is MINISO GROUP HOLDING LTD's debt-to-equity ratio?

MINISO GROUP HOLDING LTD (MSOGF) had a debt-to-equity ratio of 0.00 as of fiscal year 2024. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

What is MINISO GROUP HOLDING LTD's liabilities-to-equity ratio?

MINISO GROUP HOLDING LTD (MSOGF) had a liabilities-to-equity ratio of 0.75 as of fiscal year 2024, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.

What is MINISO GROUP HOLDING LTD's return on assets (ROA)?

MINISO GROUP HOLDING LTD (MSOGF) had a return on assets of 14.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is MINISO GROUP HOLDING LTD's Piotroski F-Score?

MINISO GROUP HOLDING LTD (MSOGF) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are MINISO GROUP HOLDING LTD's earnings high quality?

MINISO GROUP HOLDING LTD (MSOGF) has an earnings quality ratio of 0.83x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can MINISO GROUP HOLDING LTD cover its interest payments?

MINISO GROUP HOLDING LTD (MSOGF) has an interest coverage ratio of 2,566.40x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.