Growth Metrics

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

MINISO Group Holding has reported Operating Margin over the past 7 years, most recently at 2.57% for Q4 2025.

  • Quarterly Operating Margin fell 1798.0% to 2.57% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 6.49% through Dec 2025, down 1301.0% year-over-year, with the annual reading at 15.4% for FY2025, 411.0% down from the prior year.
  • Operating Margin was 2.57% for Q4 2025 at MINISO Group Holding, down from 14.6% in the prior quarter.
  • Over five years, Operating Margin peaked at 21.22% in Q2 2023 and troughed at 2.57% in Q4 2025.
  • The 5-year median for Operating Margin is 17.94% (2022), against an average of 15.26%.
  • Year-over-year, Operating Margin surged 1033bps in 2022 and then crashed -1798bps in 2025.
  • A 5-year view of Operating Margin shows it stood at 9.21% in 2021, then surged by 95bps to 17.94% in 2022, then grew by 13bps to 20.36% in 2023, then increased by 1bps to 20.55% in 2024, then plummeted by -88bps to 2.57% in 2025.
  • Per Business Quant, the three most recent readings for MNSO's Operating Margin are 2.57% (Q4 2025), 14.6% (Q3 2025), and 16.84% (Q2 2025).