MINISO Group (NYSE:MNSO) Issues Earnings Results

MINISO Group (NYSE:MNSO) released its quarterly earnings data on Friday. The company reported $0.26 earnings per share for the quarter, reports. The company had revenue of $555.26 million for the quarter, compared to analyst estimates of $557.54 million. MINISO Group had a return on equity of 26.19% and a net margin of 16.23%.

MINISO Group Stock Performance

NYSE MNSO opened at $16.43 on Monday. MINISO Group has a fifty-two week low of $14.28 and a fifty-two week high of $29.92. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.80 and a current ratio of 2.18. The firm has a market capitalization of $5.19 billion, a P/E ratio of 15.50, a price-to-earnings-growth ratio of 0.61 and a beta of 0.18. The stock’s fifty day moving average is $17.01 and its two-hundred day moving average is $19.69.

MINISO Group Dividend Announcement

The business also recently disclosed a Semi-Annual dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 13th will be paid a dividend of $0.274 per share. The ex-dividend date is Friday, September 13th. MINISO Group’s dividend payout ratio (DPR) is currently 36.79%.

Institutional Investors Weigh In On MINISO Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MNSO. Avalon Trust Co purchased a new stake in shares of MINISO Group in the 4th quarter valued at $26,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of MINISO Group in the 2nd quarter valued at $26,000. Blue Trust Inc. raised its holdings in shares of MINISO Group by 3,098.4% in the 2nd quarter. Blue Trust Inc. now owns 1,951 shares of the company’s stock valued at $40,000 after buying an additional 1,890 shares during the period. Headlands Technologies LLC purchased a new stake in shares of MINISO Group in the 1st quarter valued at $93,000. Finally, Banque Cantonale Vaudoise purchased a new stake in shares of MINISO Group in the 2nd quarter valued at $118,000. Hedge funds and other institutional investors own 17.16% of the company’s stock.

About MINISO Group

MINISO Group Holding Limited, an investment holding company, engages in the retail and wholesale of lifestyle products and pop toy products in China, Asia, the United States, and Europe. The company offers products in various categories, including home decor products, small electronics, textiles, accessories, beauty tools, toys, cosmetics, personal care products, snacks, fragrances and perfumes, and stationeries and gifts under the MINISO and WonderLife brand names; and blind boxes, toy bricks, model figures, model kits, collectible dolls, Ichiban Kuji, sculptures, and other popular toys under the TOP TOY brand.