MINISO Group Holding Ltd ADR [MNSO] stock prices are up 0.05% to $21.30 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MNSO shares have gain 0.42% over the last week, with a monthly amount glided 20.59%, and seem to be holding up well over a long-time horizon.
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On 6, April 2024, MINISO Opens its First Malaysian IP Collection Store in Barbie-inspired Style. In a post published today on Yahoo Finance, Global lifestyle retailer MINISO opened its first Malaysian IP collection store at the Berjaya Times Square mall, Kuala Lumpur, on March 30. The new store is a perfect pink vision with an eye-catching design inspired by MINISO’s Barbie collaboration. With a wide selection of trendy new IP products and a vibrant in-store atmosphere, it embodies MINISO’s Joy Philosophy and will create memorable moments for Malaysian shoppers. The new store broke MINISO’s Malaysia sales records for two consecutive days after its opening.
From an analyst’s perspective:
MINISO Group Holding Ltd ADR [NYSE: MNSO] stock has seen the most recent analyst activity on January 17, 2023, when Goldman reiterated its Buy rating. On November 09, 2020, Goldman initiated with a Buy rating and assigned a price target of $25.20 on the stock.
The stock price of MINISO Group Holding Ltd ADR [MNSO] has been fluctuating between $14.25 and $29.49 over the past year. MINISO Group Holding Ltd ADR [NYSE: MNSO] shares were valued at $21.30 at the most recent close of the market.
Analyzing the MNSO fundamentals
The MINISO Group Holding Ltd ADR [NYSE:MNSO] reported sales of 1.95B for trailing twelve months, representing a surge of 51.60%. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.23 and Total Capital is 0.27. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.12.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 20.91 points at the first support level, and at 20.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.77, and for the 2nd resistance point, it is at 22.25.
MINISO Group Holding Ltd ADR [MNSO] reported earnings per share of $0.29 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.27/share, meaning a difference of $0.02 and a surprise factor of 7.40%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.29 per share as compared to estimates of $0.26 per share, a difference of $0.03 representing a surprise of 11.50%.
Ratios To Look Out For
It’s worth pointing out that MINISO Group Holding Ltd ADR [NYSE:MNSO]’s Current Ratio is 2.34. Further, the Quick Ratio stands at 1.91, while the Cash Ratio is 1.41. Considering the valuation of this stock, the price to sales ratio is 3.45, the price to book ratio is 5.21 and price to earnings (TTM) ratio is 21.20.
