MINISO Group Holding (MNSO) Return on Capital Employed (2020 - 2025)
MINISO Group Holding (MNSO) posted quarterly Return on Capital Employed of 16.27% for Q4 2025, down 1229.0% year-over-year from 1.44% in Q4 2024, and down 4.89% quarter-over-quarter from 17.11% in Q2 2025.
MINISO Group Holding (MNSO) Return on Capital Employed (2020 - 2025) Analysis & Trends
MINISO Group Holding (MNSO) has reported Return on Capital Employed for 5 consecutive years, with 16.27% the latest figure, recorded in Q4 2025.
- In Q4 2025, Return on Capital Employed fell 1229.0% year-over-year to 16.27%; the TTM figure through Dec 2025 stood at 16.27% (down 1229.0% YoY), while the FY2025 annual figure was 22.39%, down 715.0% from the prior year.
- Return on Capital Employed declined to 16.27% in Q4 2025 per MNSO's latest filing, from 17.11% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 51.08% in Q4 2023 and bottomed at 2.74% in Q1 2021.
- Historically, Return on Capital Employed has averaged 23.71% across 4 years, with a median of 18.9% in 2025.
- Annual changes were most pronounced in 2024 — Return on Capital Employed jumped 2285 bps — and 2025, when it sank 3034 bps.
- MINISO Group Holding's Return on Capital Employed stood at 11.59% in 2021, then surged by 341 bps to 51.08% in 2023, then slumped by 44 bps to 28.56% in 2024, then slumped by 43 bps to 16.27% in 2025.
- Business Quant data shows MNSO's Return on Capital Employed at 16.27% in Q4 2025, 17.11% in Q2 2025, and 20.7% in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.73 Bn | 30.20 Bn | 1.08 Bn | 20.02% |
| 2 | Williams Sonoma | 28.82 Bn | 27.80 Bn | 1.10 Bn | 41.55% |
| 3 | Ulta Beauty | 23.08 Bn | 22.86 Bn | 1.27 Bn | 34.02% |
| 4 | Best Buy | 18.40 Bn | 16.65 Bn | 2.10 Bn | 22.05% |
| 5 | Tractor Supply | 18.35 Bn | 18.11 Bn | 1.68 Bn | 15.37% |
| 6 | Dick'S Sporting Goods | 16.05 Bn | 15.05 Bn | 1.68 Bn | 9.24% |
| 7 | Five Below | 13.57 Bn | 12.45 Bn | 478.64 Mn | 13.97% |
| 8 | Murphy USA | 10.43 Bn | 10.25 Bn | 746.50 Mn | 23.71% |
| 9 | Bath & Body Works | 4.03 Bn | 3.08 Bn | 1.24 Bn | 32.75% |
| 10 | MINISO Group Holding | 3.37 Bn | 2.40 Bn | 414.86 Mn | 16.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 16.27% |
| Jun 30, 2025 | 17.11% |
| Mar 31, 2025 | 20.70% |
| Dec 31, 2024 | 28.56% |
| Jun 30, 2024 | 46.76% |
| Mar 31, 2024 | 51.04% |
| Dec 31, 2023 | 51.08% |
| Jun 30, 2023 | 23.91% |
| Dec 31, 2021 | 11.59% |
| Sep 30, 2021 | 8.87% |
| Jun 30, 2021 | 5.93% |
| Mar 31, 2021 | 2.74% |
| Dec 31, 2020 | 1.50% |
| Sep 30, 2020 | 13.53% |