MINISO Group Holding Limited’s Earnings Preview: Expectations High
MINISO Group Holding Limited Quarterly Earnings Overview
- Analysts expect earnings per share to be $0.31 with revenue projections around $4.57 billion.
- P/E ratio stands at 15.84, indicating moderate market growth expectations.
- Financial health shown by a debt-to-equity ratio of 0.20 and current ratio of 2.38.
MINISO Group Holding Limited, listed on the NYSE, is recognized as a global value retailer specializing in trendy lifestyle products. On November 29, 2024, MINISO plans to share its quarterly earnings report, and analysts are anticipating strong results.
With an expected earnings per share of $0.31 and projected revenues of $4.57 billion, this earnings release will shed light on the companyโs financial standing and operational performance.
The company exhibits a P/E ratio of 15.84, which reflects the market’s expectation of moderate growth. Additionally, a price-to-sales ratio of 2.47 gives insights into the company’s earnings potential relative to sales.
MINISOโs solid earnings yield of 6.31% suggests favorable investment returns. The low debt-to-equity ratio of 0.20 indicates that MINISO maintains a sound capital structure. Furthermore, a current ratio of 2.38 underscores the company’s strong liquidity position, indicating its ability to meet short-term obligations effectively.