MINISO Group Holding (MNSO) Net Margin (2019 - 2025)

MINISO Group Holding has disclosed Net Margin across 7 years of filings, most recently posting 43.24% for Q4 2025.

• In Q4 2025, Net Margin rose 2161.0% year-over-year to 43.24%; the TTM figure through Dec 2025 stood at 6.52% (up 290.0% YoY), while the FY2025 annual figure was 6.33%, up 99.0% from the prior year.
• Net Margin slipped to 43.24% in Q4 2025, from 7.6% in the prior quarter.
• Over the last five years, Net Margin for MNSO reached as high as 242.94% in Q4 2021 and fell as low as 64.85% in Q4 2024.
• The 5-year median for Net Margin is 9.63% (2025), against an average of 15.68%.
• Annual changes were most pronounced in 2021 — Net Margin surged 24204 bps — and 2022, when it sank 22881 bps.
• A 5-year view of Net Margin shows it stood at 242.94% in 2021, then plunged by 94 bps to 14.13% in 2022, then sank by 186 bps to 12.1% in 2023, then sank by 436 bps to 64.85% in 2024, then soared by 33 bps to 43.24% in 2025.
• According to Business Quant data, Net Margin over the past three periods registered 43.24%, 7.6%, and 9.86% for Q4 2025, Q3 2025, and Q2 2025 respectively.