Company data sheet · MINISO Group Holding
MINISO Group Holding: three lost years, and the economy wasn't the reason.
- Industry
- Variety Stores
- Headquarters
- China
- Ticker
- MNSO (NYSE)
- Sources
- SEC filings (2020–2026), Stratrix's verified Decision Cases, market data and official economic statistics for China
- Data as of
- October 18, 2026
- From profit to three straight losses. MINISO Group Holding lost money every year from fiscal 2019 to 2021: CN¥2 billion in all. Fiscal 2022 was its first profit in four years: CN¥0.6 billion.
- It wasn't the cycle. The losses began in fiscal 2019 (mostly calendar 2019), a year China economy grew 6.1%. When a company falls while its economy grows, look inside the company first.
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2019 | CN¥9.4 billion | −CN¥0.3 billion | |
| 2020 | CN¥9 billion | −CN¥0.3 billion | |
| 2021 | CN¥9.1 billion | −CN¥1.4 billion | |
| 2022 | CN¥10.1 billion | CN¥0.6 billion | |
| 2023 | CN¥11.5 billion | CN¥1.8 billion | |
| 2024 | CN¥17 billion | CN¥2.6 billion |
As reported in its annual filings, in CNY. Losses in red.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Economic context: 3 measures for China, every year since 2016, from the official sources.
- Peer comparison: against 224 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
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