Section 1: Company Overview and Fundamentals
1.1 Company Overview:
MINISO Group Holding Ltd is a China-based holding company mainly engaged in the retail and wholesale business of lifestyle and pop toy products. Both MINISO and TOP-TOY are brands owned by the company. Home furnishings, tiny electronics, textiles, accessories, toys, cosmetics, personal care, snacks, aroma & perfumes, stationery, and gifts are just a few of the things offered by MINISO.
1.2 The Key Positives, Negatives, and Investment summary
1.3 Key Metrics:
The graphs below demonstrate the rising trend in the company's sales, gross profits, and gross profit margin, exception being Q3FY20 because of starting of Corona virus lockdown at that time because of first wave all over the globe. MNSO managed to generate revenue of USD 275.1 million even in the situation of lockdown in China. Therefore, once the situation becomes better in China, MNSO is expected to generate decent revenue levels with respectable gross profit margins above 30%.
1.4 Top 10 shareholders:
Section 2: Business Updates and Financial Highlights
2.1 Recent Updates:
The below picture gives an overview of the recent updates:
2.2 Insights of Q2FY22:
Section 3: Key Risks and Outlook
Section 4: Stock Recommendation Summary:
4.1 Price Performance and Technical Summary:
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