Core Insights - Miniso achieved a revenue of RMB 5.797 billion for the third quarter, marking a year-on-year increase of 28.17% [1] - The company's profit attributable to equity shareholders was RMB 441 million, a decrease of 31.36% year-on-year [1] - Adjusted net profit for the quarter was RMB 766.8 million, reflecting an increase of 11.7% year-on-year [1] Financial Performance - For the nine months ending September 30, the company reported a revenue of RMB 15.19 billion, up 23.68% year-on-year [1] - Profit attributable to equity shareholders for the nine months was RMB 1.347 billion, down 25.68% year-on-year [1] - Adjusted net profit for the nine months was RMB 2.0455 billion, with basic earnings per share of RMB 1.1 [1] Operational Highlights - The company surpassed a significant milestone with quarterly revenue exceeding RMB 5 billion and global store count surpassing 8,000 [2] - In mainland China, the company achieved a net increase of over 100 stores in the quarter, with same-store sales showing high single-digit growth [2] - The company is on track to achieve positive same-store sales growth in mainland China for the full year of 2025 [2] International Performance - Same-store sales in overseas markets improved to low single-digit growth, with strong performance in strategic markets like North America and Europe [2] - The operating profit margin for overseas direct operations has improved year-on-year, indicating enhanced core operational capabilities [2] Cash Flow and Financial Health - The company reported a net operating cash flow of RMB 1.2996 billion for the quarter, with a cash flow to adjusted net profit ratio of 1.7 [3] - As of September 30, cash reserves stood at RMB 7.77 billion, with net operating cash flow for the first nine months reaching RMB 2.314 billion [3] - The strong cash flow and financial position highlight the company's robust profitability and efficient working capital management [3]
名创优品(09896)发布第三季度业绩，经调整净利润7.67亿元 同比增加11.7%