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MINISO Group Holding Limited

EDGAR
Report (type unavailable) · filed 2026-10-09

Annual consolidated revenue for 2025: about Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 21.44B, using the latest reported figures. The previous period, 2024, was about Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 16.99B.

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Watchlist

Latest quarter

Revenue

2.34 billion Unit_Standard_CNY_K5TiDjiQ40qiJ96dP6HXGg

2022 Q1 · Unit_Standard_CNY_K5TiDjiQ40qiJ96dP6HXGg

Exact inputs and evidence
  • Revenue: 2341035000 Unit_Standard_CNY_K5TiDjiQ40qiJ96dP6HXGg Source

Operating margin

6.02%

2022 Q1 · %

Exact inputs and evidence
  • Operating Income: 140987000 Unit_Standard_CNY_K5TiDjiQ40qiJ96dP6HXGg Source
  • Revenue: 2341035000 Unit_Standard_CNY_K5TiDjiQ40qiJ96dP6HXGg Source
Cash and cash equivalents
6.82 billion Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A Source
Exact value

6817129000 Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-09.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 3 of 11 periods available· newest 2025-12-31
  • Operating income: 3 of 11 periods available· newest 2025-12-31
  • Net income: 3 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 3 of 11 periods available· newest 2025-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: 2 of 11 periods available· newest 2025-12-31
  • Total liabilities: 2 of 11 periods available· newest 2025-12-31
  • Current assets: 2 of 11 periods available· newest 2025-12-31
  • Current liabilities: 2 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 2 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +26.2%

    Prior period

    Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 16.99 billion

    –

    Current period

    Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 21.44 billion

    –

    Exact inputs and evidence

    21443827000 − 16994025000 = 4449802000 Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A

    16994025000 Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    21443827000 Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A · 2025-01-01 – 2025-12-31

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  • Net income

    -54%

    Prior period

    Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 2.62 billion

    –

    Current period

    Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 1.21 billion

    –

    Exact inputs and evidence

    1205045000 − 2617560000 = -1412515000 Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A

    2617560000 Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A · 2024-01-01 – 2024-12-31

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    1205045000 Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    +18.9%

    Prior period

    Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 2.17 billion

    –

    Current period

    Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 2.58 billion

    –

    Exact inputs and evidence

    2577891000 − 2168334000 = 409557000 Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A

    2168334000 Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    2577891000 Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A · 2025-01-01 – 2025-12-31

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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 21.44 billion 100% of revenue
  • Operating costs Derived Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 18.14 billion 85% of revenue
  • Operating income Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 3.3 billion 15% of revenue
  • Tax, interest and other Derived Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 2.1 billion 9.8% of revenue
  • Net income Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 1.21 billion 5.6% of revenue

Cash

  • Operating cash flow Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 2.58 billion 12% of revenue
  • Capital expenditure including intangibles Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 997.65 million 4.7% of revenue
  • Free cash flow Derived Capital expenditure here includes intangible assets. Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 1.58 billion 7.4% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2023 15%81%
  • 2024 15%80%
  • 2025 9.8%85%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2023 2022-07-01 – 2023-06-3011473208000 9250197000 Derived 2223011000 454085000 Derived 1768926000 1491883000 Derived Capital expenditure here includes intangible assets.
Source
2024 2024-01-01 – 2024-12-3116994025000 13678236000 Derived 3315789000 698229000 Derived 2617560000 1405796000 Derived Capital expenditure here includes intangible assets.
Source
2025 2025-01-01 – 2025-12-3121443827000 18140704000 Derived 3303123000 2098078000 Derived 1205045000 1580240000 Derived Capital expenditure here includes intangible assets.
Source

Amounts are exact, in Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 21.4B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.23.2B17.4B11.6B5.8B0.0202320242025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A)Source evidence
2023Revenue11473208000
2024Revenue16994025000
2025Revenue21443827000

Revenue growth

Change in revenue from the same financial period one year earlier.

26.2% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.28.3%21.2%14.1%7.1%0.0%202320242025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2023Year over yearNo prior comparable period
2024Year over yearNo prior comparable period
2025Year over year26.2%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 15.4% 2025
Net margin 5.6% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.21.1%15.8%10.5%5.3%0.0%202320242025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2023Operating margin19.4%
2024Operating margin19.5%
2025Operating margin15.4%
2023Net margin15.4%
2024Net margin15.4%
2025Net margin5.6%
2023Free cash flow marginNot reported
2024Free cash flow marginNot reported
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 2.6B 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.8B2.1B1.4B696.0M0.0202320242025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A)Source evidence
2023Operating cash flow1666030000
2024Operating cash flow2168334000
2025Operating cash flow2577891000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A)Source evidence
2023Free cash flowUnavailable
2024Free cash flowUnavailable
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

62.6% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.68%51%34%17%0%2023-06-3020242025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2023-06-30Liabilities / assetsNot reportedNo source recorded
2024Liabilities / assets42.9%
2025Liabilities / assets62.6%

Current assets to current liabilities

Current assets divided by current liabilities.

1.66× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.20×1.65×1.10×0.55×0.00×2023-06-3020242025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2023-06-30Current assets / current liabilitiesNot reportedNo source recorded
2024Current assets / current liabilities2.04×
2025Current assets / current liabilities1.66×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2023 2022-07-01 – 2023-06-30
Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 1.77 billion
Exact value

Exact value: 1768926000 Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A

2022-07-01 – 2023-06-30: 1768926000 Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A Inspect Net Income Open source
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Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 1.67 billion
Exact value

Exact value: 1666030000 Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A

2022-07-01 – 2023-06-30: 1666030000 Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2024-01-01 – 2024-12-31
Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 2.62 billion
Exact value

Exact value: 2617560000 Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A

2024-01-01 – 2024-12-31: 2617560000 Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A Inspect Net Income Open source
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Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 2.17 billion
Exact value

Exact value: 2168334000 Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A

2024-01-01 – 2024-12-31: 2168334000 Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2025 2025-01-01 – 2025-12-31
Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 1.21 billion
Exact value

Exact value: 1205045000 Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A

2025-01-01 – 2025-12-31: 1205045000 Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A Inspect Net Income Open source
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Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A 2.58 billion
Exact value

Exact value: 2577891000 Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A

2025-01-01 – 2025-12-31: 2577891000 Unit_Standard_CNY_2syKh5REn06s_Y3_lOGf_A Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

234 filings · 1,793 latest values · 1,793 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001815846, 1815846, edgar:1815846

Also known as MINISO Group Holding Limited, MINISO Group Holding Ltd