MNSO · NYSE · Specialty Retail

MINISO Group (ADR) (MNSO)

Sells fast-refreshed lifestyle, beauty and toy assortments through MINISO and TOP TOY.

$9.07
vs last close+0.08 (+0.89%)
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MINISO Group Holding LimitedMNSO
Consumer Discretionary

Sells lifestyle, beauty and toy products through the MINISO retail brand and TOP TOY pop-toy platform. Frequent assortment refreshes and IP-based designs support sales through directly operated stores, retail partners and distributors in China and overseas.

MINISO sells lifestyle, beauty and toy products under the MINISO brand, while TOP TOY focuses on pop toys such as model figures, 3D building blocks and vinyl plush toys. New assortments combine in-house product work with collaborations involving IP licensors and independent artists.

Sales reach consumers through directly operated stores, retail partners and distributors. The business spans China and overseas markets, with MINISO operating in both and TOP TOY forming a separate brand platform.

Product managers work with designers and suppliers to identify trends and refresh the offering. Execution depends on continued product development, access to compelling IP and the store, partner and distributor network.

Company facts

CEOGuofu Ye
ListedOct 15, 2020
ExchangeNYSE
HeadquartersGuangzhou, China
CountryChina
Employees8,329
CIK0001815846
ISINUS66981J1025

Market cap$2.74B
EPS (ttm)$0.6040
P/E (ttm)14.88
ROE11.8%
P/B1.78
P/S0.7837
Dividend yieldDiv yield7.41%
Beta1.00vs XLY 0.22

Price target$10.80+20.1%Average of 5 analysts
ConsensusBuy3 of 5 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 31, 2026HSBCDowngrade
Rating: BuyTarget:
Rating: HoldTarget: $10.80
Aug 31, 2026CitigroupDowngrade
Rating: Buy
Rating: Neutral
Nov 25, 2025Deutsche BankTarget
Target:
Target: $23
Nov 24, 2025JefferiesTarget
Target: $26.20
Target: $21.70
Aug 22, 2025JefferiesUpgrade
Rating: Hold
Rating: Buy

EPSReportedEstimate

Nov '24Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26
Reported$0.30$0.36$0.19$0.22$0.20−$0.07$0.59$0.14
Estimate$0.04$0.33$0.28$0.33$0.34$0.27$0.24$0.31
Surprise+603.2%+9.4%−32.2%−32.2%−40.8%−125.3%+148.3%−54.4%

RevenueReportedEstimate

Nov '24Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26
Reported$644.3M$645.5M$609.9M$693.0M$814.0M$894.1M$824.4M$855.2M
Estimate$650.2M$661.6M$676.8M$789.0M$860.1M$873.6M$805.6M$852.7M
Surprise−0.9%−2.4%−9.9%−12.2%−5.4%+2.3%+2.3%+0.3%
Estimate$0.31
Reported$0.14−54.4%
Estimate$852.7M
Reported$855.2M+0.3%
View details

Debt to equity73.10%
Current ratio156.90%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$676.2M$704.6M$661.9M$742.5M$866.6M$922.1M$845.3M$866.3M
Net income$95.9M$120.5M$62.2M$73.2M$65.9M−$20.9M$185.9M−$43.1M
Net margin14.2%17.1%9.4%9.9%7.6%0.0%22.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$122.0M$143.0M$103.0M$116.7M$121.4M$126.2M$103.1M$111.7M
YoY growth+3.5%+24.9%−7.3%+3.8%−0.4%−11.7%+0.1%−4.2%

Balance sheet, Jun 30, 2026Cash & short-term investments $1.11B · Total debt $1.13B · Total assets $4.54B · Shareholders' equity $1.54B

Revenue
$866.3M
Operating income
$111.7M
Net income
−$43.1M

Reported in CNY, converted at the latest exchange rate

View details

Dividend yield
7.41%
Next ex-date
Oct 20, 26
estimated · in 28 days
Annual dividend
$0.67
per share
Schedule
Semi-annual
2 payments a year

HistoryDividendAnnual yield

Sep '23Sep '24Apr '25Sep '25Apr '26
Dividend$0.412$0.2744$0.3268$0.2896$0.3764
Annual yield1.52%1.78%4.20%2.51%4.24%
Ex-dateSep 6Sep 13Apr 8Sep 5Apr 20
Payment dateSep 22Sep 26Apr 23Sep 19May 4
View details

Institutions4.48%13.87M ADS
109 holders · as of Jun 30, 2026
Insiders127.79M ADS
4 holders · as of Jun 2, 2026

institutions as of Jun 30, 2026 · holders as of their latest filing

No reliable share count is available for this listing, so stakes are shown as shares, not percentages.

The institutional percentage is the one reported with the filings, not one recomputed on the share count here.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Guofu YeInsiderdirector, officer: Chief Executive Officer
510.86M ordinaryfiled Jun 2, 2026
Serenity Capital Management Pte. Ltd.Institution
2.14M ADSas of Jun 30, 2026
Marshall Wace, LLPInstitution
1.57M ADSas of Jun 30, 2026
Point72 Asset Management, L.P.Institution
1.11M ADSas of Jun 30, 2026
UBS Group AGInstitution
1.06M ADSas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
May 29, 2026Guofu Yedirector, officer: Chief Executive Officer+1,950,000$3.28
Jun 1, 2026Guofu Yedirector, officer: Chief Executive Officer+150,000$3.35
May 29, 2026Yunyun (Alice) Yangofficer: Vice President+1,950,000$3.28
Jun 1, 2026Yunyun (Alice) Yangofficer: Vice President+150,000$3.35
View details

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Compare

CompanyPriceChange
MINISO Group (ADR)$9.07+0.89%$2.74B14.90.8+23.4%
Five Below$234.52−0.69%$13.06B21.223.12.5+22.9%
Dollar Tree$116.19+3.44%$21.59B13.716.81.1+7.0%
Median17.520.01.8+14.9%