MINISO's founder Mr. Jack Ye has previously pointed out that changes in the global retail industry mean great opportunity for MINISO to become globally competitive and influential. As early as 2020, Mr. Jack Ye envisioned "interest-driven consumption" as a key to the brand's growth, predicting that fulfilling consumers' emotional needs and desire for self-expression will become the driving force of future consumption. MINISO has successfully led this trend globally as the pioneer of the 'Global IP Collect ...

Investment Rating - The report maintains an "OUTPERFORM" rating for Miniso Group (MNSO US) with a target price of USD 25.30, reflecting a potential upside from the current price of USD 17.59 [1][2]. Core Insights - Miniso is expected to announce its 3Q24 financial results in mid-November, with projected revenue of RMB 4.57 billion, representing a year-on-year growth of 20%. The adjusted net profit is anticipated to be RMB 708 million, with an adjusted net profit margin of 15.5% [5][1]. - The report highlights that domestic revenue is projected to be RMB 2.75 billion, while overseas revenue is expected to reach RMB 1.81 billion, indicating strong growth in international markets [5][1]. - For FY24-26, the revenue estimates are RMB 17.3 billion, RMB 21.3 billion, and RMB 25.4 billion, respectively, with adjusted net profits of RMB 2.81 billion, RMB 3.48 billion, and RMB 4.16 billion [5][2]. Financial Summary - Revenue for 3Q24 is expected to be RMB 4.57 billion, with a year-on-year growth of 20%. The adjusted net profit is projected at RMB 708 million, with a net profit margin of 15.5% [1][5]. - The report forecasts revenue growth rates of 25%, 23%, and 19% for FY24, FY25, and FY26, respectively, with adjusted net profit growth rates of 19%, 24%, and 19% [2][4]. - The gross profit margin is expected to improve to 44.0% in 3Q24, up 2.3 percentage points year-on-year, driven by increased contributions from overseas direct sales [1][2]. Valuation - The company is valued at a 20x PE for FY24, leading to a target market capitalization of USD 7.9 billion and a target price of USD 25.3 [2][5]. - The report indicates a projected diluted EPS of RMB 8.97 for FY24, increasing to RMB 11.14 in FY25 and RMB 13.30 in FY26 [2][4].

In the latest trading session, MINISO Group Holding Limited Unsponsored ADR (MNSO) closed at $16.75, marking a +1.76% move from the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.18%. Elsewhere, the Dow saw a downswing of 0.8%, while the tech-heavy Nasdaq appreciated by 0.27%. Shares of the company have by 0% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 3.95% and the S&P 500's gain of 4.46%. Analysts and investors alike will be ke ...

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.Goldman Sachs analyst David Roman initiated coverage on Tandem Diabetes Care, Inc. TNDM with a Neutral rating and announced a price target of $46. Tandem Diabetes Care shares fell 1.7% to close at $40.46 on Thursday. See how other analysts view this stock.Raymond James analyst Laura Prendergast initiated coverage on Mural ...

In the latest market close, MINISO Group Holding Limited Unsponsored ADR (MNSO) reached $19, with a +0.74% movement compared to the previous day. The stock's change was more than the S&P 500's daily gain of 0.01%. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, added 0.08%.Coming into today, shares of the company had gained 10.16% in the past month. In that same time, the Retail-Wholesale sector gained 5.59%, while the S&P 500 gained 1.21%.Analysts and investors alike will be keeping a ...

VANCOUVER, BC, Oct. 1, 2024 /PRNewswire/ -- Global lifestyle brand MINISO opened its new Vancouver flagship store at CF Richmond Centre in Richmond, British Columbia, on September 28, 2024. The launch of another pink-themed store underscores MINISO's growing presence in Canada, as it advances on its mission to bring more joyful shopping experiences to a wider audience across the country through more innovative designs, dreamy atmospheres, and expanded IP product sections. MINISO's new Vancouver flagship sto ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation m ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about MINISO Group Holding Limited Unsponsored ADR (MNSO) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.MINISO Group Holding Limite ...

GUANGZHOU, China, Sept. 23, 2024 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO; HKEX: 9896) ("MINISO", "MINISO Group" or the "Company"), a global value retailer offering a variety of trendy lifestyle products featuring IP design, today announced that it has entered into share purchase agreements with certain shareholders of Yonghui Superstores Co., Ltd ("Yonghui"), to acquire an aggregate of 29.4% of the issued and outstanding shares of Yonghui for a total cash consideration of approximately RMB6 ...

上 市 公 司 证 券 研 究 报 告 商贸零售 2024 年 09 月 13 日 名创优品 (MNSO) ——国内高质量增长，海外直营拓店加速 报告原因：有业绩公布需要点评 | --- | --- | |--------------------------|------------------------------| | 市场数据： | 2024 年 9 月 12 日 | | 收盘价（美元） | 15.74 | | 纳斯达克指数 | 17569.68 | | 52 周最高/最低（美元） | 29.49/14.28 | | 美股市值（亿美元） | 50 | | 流通股（亿股） | 12.59 | | 汇率（人民币/美元） | 7.12 | 一年内股价与基准指数对比走势： -60% -40% -20% 0% 20% 40% MNSO.N IXIC.GI 资料来源：Bloomberg 证券分析师 赵令伊 A0230518100003 zhaoly2@swsresearch.com 联系人 李秀琳 (8621)23297818× lixl2@swsresearch.com 买入（维持）投资要点： ⚫ 公司发布 2 ...