Nomura Cuts Price Target on MINISO Group Holding to $23.20 From $26.70, Keeps Buy Rating

MT Newswires59minutes ago · Ratings

Jefferies Adjusts Miniso Group Holding's Price Target to HK$40 From HK$47, Keeps at Hold

MT Newswires05:06 ET · Ratings

Miniso's 2024 Profit Increases

MT Newswires04:42 ET

[Brokerage Focus] Soochow maintains a "Buy" rating on MINISO (09896), indicating that its future overseas expansion and domestic penetration have vast growth potential.

Jingwu Financial News | Soochow Securities' research indicated that in 2024, MINISO (09896) is expected to achieve revenue of 17 billion yuan, a year-on-year increase of 22.8%; Non-IFRS net income is projected to be 2.72 billion yuan, which is a 15.4% increase compared to the previous year. For Q4 2024, the company is expected to achieve revenue of 4.71 billion yuan, a year-on-year increase of 22.7%; Non-IFRS net income is expected to be 0.793 billion yuan, reflecting a 20.0% increase year-on-year. The bank noted that in Q4 2024, domestic MINISO is projected to achieve revenue of 2.3 billion yuan, an increase of 6.5% year-on-year. The number of new domestic stores will increase by 136 to a total of 4,386 stores. According to the bank's calculations, the company...

Jinwu Financial News02:20 ET

[Brokerage Focus] Guosen maintains MINISO (09896) 'Outperform' rating, indicating that the company's increased effort in opening direct stores has put pressure on profit margins.

Jingwu Financial News | Guosen Securities Research points out that MINISO (09896) is expected to achieve revenue of 16.994 billion in 2024, representing a year-on-year increase of 22.8%. The adjusted net income is expected to be 2.721 billion, which is a year-on-year increase of 15.4%, and the adjusted net margin is 16.0%, down 1.0 percentage points year-on-year. In Q4, revenue reached 4.712 billion, up 22.7% year-on-year, with adjusted net income of 0.793 billion, up 20.0% year-on-year, and an adjusted net margin of 16.8%, down 0.4 percentage points year-on-year. The domestic macro environment in Q4 has brought certain pressure on domestic sales, while the company is increasing the opening of self-operated stores.

KingWu Financial News23:22 ET

Analysts Offer Insights on Consumer Cyclical Companies: Nexteer Automotive Group (OtherNTXVF), MINISO Group Holding (MNSO) and Meituan Dianping (OtherMPNGF)

TipRanks20:30 ET · Ratings