MINISO Group Holding (MNSO) Operating Leases (2019 - 2025)
MINISO Group Holding (MNSO) posted quarterly Operating Leases of $382.6 million for Q4 2025, up 44.42% year-over-year from $264.9 million in Q4 2024, and up 27.11% quarter-over-quarter from $301.0 million in Q2 2025.
MINISO Group Holding (MNSO) Operating Leases (2019 - 2025) Analysis & Trends
MINISO Group Holding (MNSO) has reported Operating Leases for 7 consecutive years, with $382.6 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Leases rose 44.42% year-over-year to $382.6 million; the TTM figure through Dec 2025 stood at $382.6 million (up 44.42% YoY), while the FY2025 annual figure was $377.6 million, up 44.84% from the prior year.
- Operating Leases rose to $382.6 million in Q4 2025 per MNSO's latest filing, from $301.0 million in the prior quarter.
- Across five years, Operating Leases topped out at $382.6 million in Q4 2025 and bottomed at $45.5 million in Q1 2022.
- Historically, Operating Leases has averaged $154.4 million across 5 years, with a median of $110.8 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Leases dropped 20.28% — and 2024, when it surged 157.49%.
- MINISO Group Holding's Operating Leases stood at $64.5 million in 2021, then slipped by 7.65% to $59.6 million in 2022, then surged by 85.93% to $110.8 million in 2023, then surged by 139.06% to $264.9 million in 2024, then jumped by 44.42% to $382.6 million in 2025.
- Business Quant data shows MNSO's Operating Leases at $382.6 million in Q4 2025, $301.0 million in Q2 2025, and $284.8 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn |
| 10 | MINISO Group Holding | 3.42 Bn | 2.45 Bn | 414.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 382.63 Mn |
| Jun 30, 2025 | 301.02 Mn |
| Mar 31, 2025 | 284.79 Mn |
| Dec 31, 2024 | 264.95 Mn |
| Aug 30, 2024 | 205.19 Mn |
| Jun 30, 2024 | 204.70 Mn |
| Mar 31, 2024 | 119.07 Mn |
| Dec 31, 2023 | 110.83 Mn |
| Jun 30, 2023 | 79.50 Mn |
| Jun 30, 2022 | 59.61 Mn |
| Feb 28, 2022 | 45.54 Mn |
| Dec 31, 2021 | 64.54 Mn |
| Sep 30, 2021 | 69.90 Mn |
| Jun 30, 2021 | 74.77 Mn |
| Mar 31, 2021 | 49.68 Mn |
| Dec 31, 2020 | 54.71 Mn |
| Sep 30, 2020 | 49.45 Mn |
| Jun 30, 2020 | 53.47 Mn |
| Jun 30, 2019 | 45.46 Mn |