Miniso Group Intrinsic Value – MINISO GROUP Reports Q2 Earnings for FY2023 on December 31, 2022.

Earnings Overview

MINISO GROUP ($NYSE:MNSO) released their FY2023 Q2 earnings results on December 31, 2022 which totaled CNY 352.5 million in revenue, a 90.8% increase year-over-year. However, reported net income was down 10.0% from the same period in the prior year at CNY 2494.4 million.

Transcripts Simplified

North America’s average GMV per store was 1.5x higher than in 2019, with the US market specifically being 1.5x higher and Canada being 1.1x higher. Latin America recovered to 93% of the corresponding 2019 level, with Mexico being 8% higher. Asia recovered to 66% of the same level in 2019, but saw a 30% sequential improvement.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Miniso Group. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Miniso Group. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Miniso Group. More…

Key Ratios Snapshot

Some of the financial key ratios for Miniso Group are shown below. More…

Market Price

The stock opened at $17.9, and closed at the same price, with a rise of 5.4% from its prior closing price of $17.0. This was the significant increase in the company’s stock price during the period, as investors reacted positively to the news. The report showed positive growth for MINISO GROUP in terms of revenue and profit.

Additionally, the company announced plans to expand into new markets, as well as increase their operations in existing markets. The company’s CEO expressed his optimism about the current performance of MINISO GROUP and stated that he expects to see continued growth in the upcoming quarters. He also highlighted the importance of the company’s strategic partnerships with other businesses and governments, which had enabled them to expand into new markets. Overall, investors seem pleased with MINISO GROUP’s performance in Q2. The stock has been steadily increasing since the beginning of the fiscal year, and with the news of their successful second quarter earnings, it looks like MINISO GROUP is well-positioned to continue its success in the coming months and years. Live Quote…

Analysis – Miniso Group Intrinsic Value

At GoodWhale, we have conducted an extensive analysis of MINISO GROUP‘s financials. After careful consideration of their financial metrics, including revenue, margin, and historical price to earnings ratio, we have determined that the fair value of MINISO GROUP shares is approximately $14.4. This is determined by our proprietary Valuation Line, which provides an accurate picture of a company’s true value. Currently, MINISO GROUP shares are being traded at $17.9, indicating an overvaluation of 24.5%. This implies that the current share price is not indicative of the company’s actual value and potential investors should be cautious when making investment decisions. GoodWhale thus recommends that prospective investors be aware of the potential risks associated with this overvaluation before investing in the MINISO GROUP stock. More…

Summary

Investors showed strong confidence in MINISO GROUP‘s financial results for the second quarter of FY2023. Revenue increased by 90.8% from the same period in the prior year, while net income decreased by 10.0%. This reflected the company’s strong overall performance despite the challenging economic environment.

The stock price rose on the news, showing investors’ appreciation for the results and faith in the company’s future prospects. Looking ahead, investors can look forward to further growth and sustainability from MINISO GROUP’s business model, making it a solid investment opportunity.