Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data MINISO Group Holding Ltd files with the SEC in its annual reports.
In CNY millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
Revenue
9,395
8,979
9,072
10,086
11,473
16,994
Cost of revenue
6,884
6,246
6,641
7,016
7,030
9,357
Gross profit
2,511
2,732
2,431
3,070
4,443
7,637
Selling and marketing
818
1,190
1,207
1,442
1,716
3,520
Operating income
1,017
767
401
882
2,223
3,316
Interest expense
25.2
31.3
28.4
33.4
34.6
92.9
Interest income
7.31
25.6
40.4
66.3
145
119
Pre-tax income
289
80.8
-1,216
907
2,334
3,348
Income tax
280
211
213
267
552
712
Income from continuing operations
9.42
-130
-1,429
640
Net income to minority interests
-3.76
2.09
-14.4
1.57
12.9
17.9
Net income
-291
-262
-1,415
638
1,769
2,618
EBITDA
1,208
1,035
666
1,272
2,614
4,124
EPS, basic
-0.32
-0.26
-1.18
0.53
1.42
2.11
EPS, diluted
-0.32
-0.26
-1.18
0.52
1.41
2.10
Balance sheet
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
Cash and equivalents
2,854
6,772
5,348
6,489
6,328
Short-term investments
103
211
205
100
Receivables
730
825
1,056
1,150
2,207
Inventory
1,396
1,496
1,188
1,451
2,750
Total current assets
4,987
9,199
8,073
9,904
11,656
Property, plant and equipment
88.1
76.3
420
535
1,437
Lease right-of-use assets
503
690
2,343
2,553
4,172
Goodwill
0
19.6
19.4
21.1
21.4
Intangible assets
69.1
61
43.1
25.3
8.8
Total assets
5,836
10,705
11,282
13,448
18,120
Accounts payable
2,420
2,809
3,073
3,019
3,944
Short-term debt
401
13.7
0.45
567
Total current liabilities
3,310
3,483
3,789
3,886
5,727
Lease liabilities
379
483
393
557
1,903
Total liabilities
6,159
4,053
4,254
4,529
7,765
Total debt
416
20.6
6.95
7.22
571
Retained earnings
-1,125
-2,558
-1,945
539
4,302
Shareholders' equity
-337
6,659
7,032
8,901
10,315
Minority interests
13.6
-6.81
-4.24
17.3
40.5
Total equity
-114
-323
6,652
7,027
8,918
10,356
Total liabilities and equity
5,836
10,705
11,282
13,448
18,120
Cash flow statement
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
Net income
-294
-260
-1,429
640
1,782
2,635
Depreciation and amortization
192
269
265
390
391
809
Cash from operations
1,038
826
916
1,406
1,666
2,168
Cash from investing
-211
463
-519
-2,126
-293
-533
Debt issued
1.38
411
0.31
564
Debt repaid
-14.8
-2.89
-417
-5.3
-0.21
-0.72
Stock issued
86.6
9.15
2.8
Share buybacks
-82.2
-32.7
-313
Dividends paid
-330
-306
-371
-1,244
Cash from financing
620
-118
3,536
-734
-326
-1,721
Exchange rate effect
10.7
-3.83
-16
30.1
94.1
-1.78
Key metrics
Worked out from the statements above. Latest values use fiscal 2024. No valuation: the share price is quoted in a different currency than the statements.
Profitability
Metric
Value
How it is calculated
Gross margin
44.9%
Gross profit / revenue.
Operating margin
19.5%
Operating income / revenue.
EBITDA margin
24.3%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
19.7%
Pre-tax income / revenue.
Net margin
15.4%
Net income / revenue.
Operating cash flow margin
12.8%
Cash from operations / revenue.
Effective tax rate
21.3%
Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)
25.4%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
14.4%
Net income / average total assets.
Return on invested capital (ROIC)
57.3%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
D&A / revenue
4.8%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue CAGR, 5y
12.6%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit CAGR, 5y
24.9%
Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income CAGR, 5y
26.7%
Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA CAGR, 5y
27.8%
Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y
15.9%
Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
2.04x
Current assets / current liabilities.
Quick ratio
1.51x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
1.12x
(Cash + short-term investments) / current liabilities.
Debt / equity
0.06x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
3.2%
Total debt / total assets.
Liabilities / assets
42.9%
Total liabilities / total assets.
Net debt
-CN¥5.86B
Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA
-1.42x
Net debt / EBITDA (twelve months), when EBITDA is positive.
Days inventory + days sales outstanding - days payables.
Per share
Metric
Value
How it is calculated
EPS, diluted
CN¥2.10
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
CN¥2.11
Net income per basic share, as reported (split-adjusted).
Payout ratio
47.5%
Dividends paid / net income, when net income is positive.
What was MINISO Group Holding Ltd's revenue in fiscal 2024?
MINISO Group Holding Ltd reported revenue of CN¥16.99B for fiscal 2024, 48.1% higher than the year before.
Was MINISO Group Holding Ltd profitable in fiscal 2024?
Yes. Net income was CN¥2.62B, a net margin of 15.4%.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.