Financial Performance - The total revenue of Miniso Group for Q3 2025 reached nearly 5.8 billion RMB, representing a year-on-year growth of 28% [2] - Revenue from the Miniso brand was 5.22 billion RMB, up 23% year-on-year, while TOP TOY brand revenue hit 570 million RMB, marking a record high for a single quarter with a growth of 111% [2][3] - The gross profit for the quarter was 2.59 billion RMB, reflecting a 28% increase, with a gross margin of 44.7% [3] - Adjusted net profit (Non-IFRS) was 770 million RMB, a 12% increase year-on-year, with an adjusted net profit margin of 13.2% [3] Store Expansion - As of the end of the quarter, Miniso Group's global store count surpassed 8,000, with 4,407 stores in mainland China and a net increase of 102 stores in the quarter [4] - The overseas store count reached 3,424, with a net increase of 117 stores during the same period [4] - The MINISO LAND flagship store model has been introduced in major cities such as Guangzhou, Hangzhou, Chongqing, and Wuhan, with 17 stores opened domestically [4] IP Development - Miniso has signed contracts with 16 trendy toy artists for IP operations, creating a diverse self-owned IP matrix [4] - The company is launching products related to its flagship IP, Zootopia, in anticipation of the upcoming release of Zootopia 2 [4] - The company aims to become a "global leading IP operation platform" and is focusing on the interest consumption sector to drive high-quality growth [4]
名创优品Q3总营收58亿元，全球门店超过8000家