MINISO Group Holding Limited (MNSO) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 | Q3'20 |
|---|
| Total Current Assets | 12.73B | 12.46B | 11.66B | 10.34B | 10.43B | 10.58B | 10.33B | 9.87B | 9.9B | 9.48B | 8.74B | 8.43B | 8.07B | 7.71B | 7.84B | 8.71B | 9.2B | 9.15B | 9.12B | 5B |
| Cash & Short-Term Investments | 7.46B | 7.25B | 6.7B | 5.67B | 6.87B | 7.26B | 6.88B | 6.65B | 7.28B | 7.07B | 6.13B | 5.98B | 5.8B | 5.48B | 5.36B | 6.14B | 6.87B | 7.03B | 6.94B | 2.96B |
| Cash Only | 7.12B | 6.84B | 6.33B | 1.72B | 6.23B | 6.74B | 6.42B | 6.08B | 6.49B | 6.38B | 5.19B | 5.39B | 5.35B | 5.27B | 5.15B | 5.93B | 6.77B | 6.92B | 6.84B | 2.96B |
| Short-Term Investments | 345.35M | 413.91M | 368.95M | 3.95B | 633.92M | 524.54M | 463.63M | 569.29M | 787.04M | 684.6M | 945.19M | 589.32M | 447.4M | 206.53M | 208.29M | 205.29M | 102.97M | 101.08M | 100.44M | 0 |
| Accounts Receivable | 756.4M | 2.38B | 1.9B | 1.76B | 1.25B | 1.44B | 426.94M | 1.32B | 1.15B | 1B | 951.92M | 1.11B | 317.49M | 1.06B | 808.82M | 1.02B | 348.31M | 798.12M | 766.39M | 706.39M |
| Days Sales Outstanding | 28.69 | 43.42 | 35.69 | 30.6 | 30.33 | 22.82 | 20.97 | 30.02 | 30.11 | 29.77 | 37.94 | 23.61 | 27.05 | 35.93 | 30.26 | 23.63 | 21.1 | 31.58 | 29.48 | 29.01 |
| Inventory | 2.84B | 2.83B | 2.75B | 2.3B | 1.95B | 1.87B | 1.97B | 1.86B | 1.45B | 1.39B | 1.47B | 1.32B | 1.24B | 1.16B | 1.36B | 1.56B | 1.53B | 1.33B | 1.41B | 1.32B |
| Days Inventory Outstanding | 93.23 | 101.77 | 93.04 | 78.38 | 76.92 | 83.08 | 80.72 | 68.96 | 66.11 | 71.98 | 85.75 | 65.93 | 70.75 | 69.49 | 70.33 | 73.91 | 70.98 | 76.88 | 76.11 | 80.75 |
| Other Current Assets | 1.31B | 1.96M | 1.03M | 618.93M | 1.97M | 2.59M | 905.41M | 34.74M | -167.47M | 23.98M | -4.72M | 29.68M | 615.53M | 9.93M | 130.65M | 2.29M | 429.83M | 1.59M | 538K | 3.9M |
| Total Non-Current Assets | 13.92B | 13.72B | 6.46B | 5.79B | 5.28B | 4.33B | 4.16B | 3.78B | 3.54B | 3.08B | 3.25B | 3.21B | 3.21B | 3.19B | 3.21B | 1.95B | 1.51B | 1.17B | 1.19B | 798.32M |
| Property, Plant & Equipment | 6.34B | 5.86B | 3.97B | 5.12B | 3.07B | 3.8B | 3.67B | 3.32B | 3.09B | 2.82B | 1.08B | 2.77B | 1.21B | 2.75B | 994.16M | 968.34M | 899.66M | 547.55M | 566.79M | 536.8M |
| Fixed Asset Turnover | 0.81x | 0.90x | 1.04x | 1.10x | 1.17x | 1.00x | 1.10x | 1.18x | 1.10x | 1.52x | 1.30x | 1.39x | 1.17x | 1.25x | 2.83x | 2.84x | 3.42x | 4.00x | 4.16x | 3.67x |
| Goodwill | 46.03M | 21.59M | 21.42M | 22.03M | 21.25M | 21.24M | 21.64M | 21.17M | 21.07M | 20.83M | 20.86M | 20.01M | 19.39M | 18.89M | 19.64M | 19.64M | 19.64M | 19.64M | 0 | 0 |
| Intangible Assets | 7.54M | 8.38M | 1.65B | 10.19M | 1.67B | 15.3M | 19.55M | 21.29M | 25.28M | 29.09M | 1.76B | 37.7M | 1.79B | 47.96M | 1.83B | 56.49M | 61.01M | 66.2M | 70.44M | 72.64M |
| Long-Term Investments | 6.29B | 6.54B | 302.15M | 258.89M | 224.22M | 223.25M | 206.39M | 173.87M | 173.87M | 0 | 0 | 0 | 0 | 0 | 0 | 344.17M | 352.06M | 355.18M | 356M | 0 |
| Other Non-Current Assets | 1.01B | 1.1B | 341.29M | 267.4M | 173.14M | 164.54M | 135.8M | 87.51M | 74.64M | 30.29M | 228.99M | 224.77M | 29.09M | 211.96M | 203.39M | 390.48M | 5.02M | 4.62M | 6.8M | 7.33M |
| Total Assets | 26.65B | 26.19B | 18.12B | 16.13B | 15.71B | 14.91B | 14.49B | 13.65B | 13.45B | 12.56B | 12B | 11.64B | 11.28B | 10.9B | 11.05B | 10.66B | 10.71B | 10.32B | 10.31B | 5.79B |
| Asset Turnover | 0.19x | 0.20x | 0.28x | 0.28x | 0.26x | 0.25x | 0.27x | 0.28x | 0.25x | 0.24x | 0.21x | 0.24x | 0.21x | 0.21x | 0.26x | 0.25x | 0.24x | 0.22x | 0.29x | 0.36x |
| Asset Growth % | 69.59% | 75.68% | 25.09% | 18.24% | 16.85% | 18.66% | 20.74% | 17.27% | 19.2% | 15.25% | 8.61% | 9.16% | 5.39% | 5.56% | 7.18% | 83.97% | 83.42% | 72.86% | - | - |
| Total Current Liabilities | 6.62B | 6.27B | 5.73B | 4.84B | 4.39B | 4.84B | 4.41B | 4.3B | 3.89B | 3.79B | 3.71B | 3.66B | 3.79B | 3.65B | 3.83B | 3.59B | 3.48B | 3.41B | 3.51B | 3.25B |
| Accounts Payable | 967.49M | 3.63B | 1.28B | 3.67B | 754.47M | 3.2B | 3.39B | 3.37B | 3.02B | 3.01B | 604.29M | 2.89B | 649.41M | 2.98B | 735.03M | 3B | 624.69M | 2.79B | 2.9B | 2.73B |
| Days Payables Outstanding | 75.64 | 89.51 | 91.3 | 81.73 | 79.62 | 142.37 | 142.43 | 133.2 | 140.24 | 90.77 | 107.39 | 91.31 | 106.83 | 102.27 | 90.04 | 86.67 | 84.73 | 159.83 | 156.58 | 95.35 |
| Short-Term Debt | 1.71B | 649.4M | 566.96M | 739K | 713K | 712K | 726K | 710K | 0 | 0 | 0 | 454K | 445K | 5.14M | 5.18M | 4.82M | 13.67M | 0 | 0 | 0 |
| Deferred Revenue (Current) | 292.73M | 348.37M | 328.67M | 387.86M | 351.11M | 311.04M | 330.67M | 285.65M | 299.67M | 310.48M | 343.75M | 353.39M | 367.82M | 333.96M | 282.52M | 255.26M | 272.98M | 277.84M | 300.54M | 242.52M |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -309.95M | 0 | -236.59M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 1.92x | 1.99x | 2.04x | 2.14x | 2.38x | 2.18x | 2.34x | 2.29x | 2.55x | 2.50x | 2.36x | 2.30x | 2.13x | 2.11x | 2.05x | 2.43x | 2.64x | 2.69x | 2.60x | 1.54x |
| Quick Ratio | 1.50x | 1.54x | 1.55x | 1.66x | 1.93x | 1.80x | 1.90x | 1.86x | 2.18x | 2.13x | 1.96x | 1.94x | 1.80x | 1.79x | 1.69x | 1.99x | 2.20x | 2.30x | 2.19x | 1.13x |
| Cash Conversion Cycle | 46.28 | 55.68 | 37.43 | 27.24 | 27.63 | -36.48 | -40.75 | -34.21 | -44.02 | 10.98 | 16.3 | -1.76 | -9.02 | 3.15 | 10.55 | 10.87 | 7.35 | -51.37 | -50.98 | 14.41 |
| Total Non-Current Liabilities | 9.13B | 9.24B | 2.04B | 1.73B | 1.6B | 963.8M | 887.11M | 727.88M | 643.85M | 487.28M | 476.8M | 470.52M | 465.72M | 458.72M | 487.97M | 532.62M | 570.02M | 431.57M | 460.28M | 4.42B |
| Long-Term Debt | 5.59B | 5.78B | 4.31M | 5.91M | 6.41M | 6.41M | 6.53M | 6.39M | 7.21M | 6.99M | 7M | 6.71M | 6.5M | 6.34M | 6.37M | 6.87M | 6.92M | 20.94M | 14.09M | 14.42M |
| Capital Lease Obligations | 2.18B | 2.07B | 1.9B | 1.61B | 1.48B | 859.74M | 797.99M | 648.9M | 556.8M | 399.17M | 408.16M | 399.05M | 393.07M | 385.88M | 411.3M | 450.4M | 483.14M | 325.49M | 356.95M | 335.76M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.3B | 1.32B | 59.84M | 45.52M | 32.79M | 18.29M | 12.41M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.01B |
| Total Liabilities | 15.75B | 15.51B | 7.76B | 6.57B | 5.99B | 5.81B | 5.29B | 5.03B | 4.53B | 4.28B | 4.19B | 4.13B | 4.25B | 4.11B | 4.32B | 4.12B | 4.05B | 3.84B | 3.97B | 7.68B |
| Total Debt | 10.36B | 9.21B | 3.11B | 2.1B | 1.94B | 1.31B | 1.25B | 991.89M | 892.95M | 679.48M | 681.65M | 672.34M | 658.01M | 657.97M | 691.28M | 724.09M | 825.01M | 606.84M | 608.08M | 567.8M |
| Net Debt | 3.24B | 2.38B | -3.22B | 381.36M | -4.29B | -5.43B | -5.16B | -5.09B | -5.6B | -5.7B | -4.5B | -4.72B | -4.69B | -4.61B | -4.46B | -5.21B | -5.95B | -6.32B | -6.23B | -2.39B |
| Debt / Equity | 0.95x | 0.86x | 0.30x | 0.22x | 0.20x | 0.14x | 0.14x | 0.12x | 0.10x | 0.08x | 0.09x | 0.09x | 0.09x | 0.10x | 0.10x | 0.11x | 0.12x | 0.09x | 0.10x | - |
| Debt / EBITDA | 14.10x | 14.10x | 3.14x | 2.38x | 2.48x | 1.67x | 1.53x | 1.16x | 1.21x | 1.11x | 1.42x | 1.24x | 1.74x | 2.72x | 2.57x | 3.31x | 3.15x | 2.68x | 8.92x | - |
| Net Debt / EBITDA | 4.41x | 3.63x | -3.25x | 0.43x | -5.46x | -6.92x | -6.29x | -5.93x | -7.60x | -9.35x | -9.39x | -8.70x | -12.40x | -19.05x | -16.61x | -23.81x | -22.68x | -27.91x | -91.43x | - |
| Interest Coverage | 6.79x | 7.61x | 203.04x | 51.06x | 31.82x | 49.30x | 59.78x | 74.70x | 76.51x | 84.86x | 52.40x | 75.41x | 37.46x | 18.88x | 31.75x | 24.82x | 23.89x | 26.36x | 10.08x | -227.92x |
| Total Equity | 10.9B | 10.68B | 10.36B | 9.56B | 9.72B | 9.1B | 9.19B | 8.62B | 8.92B | 8.28B | 7.81B | 7.5B | 7.03B | 6.79B | 6.73B | 6.54B | 6.65B | 6.49B | 6.33B | -1.88B |
| Equity Growth % | 12.07% | 17.37% | 12.67% | 10.98% | 9.04% | 9.83% | 17.7% | 14.87% | 26.91% | 22.02% | 16% | 14.76% | 5.64% | 4.67% | 6.28% | 447.59% | 2159.2% | 1755.35% | - | -1550.35% |
| Book Value per Share | 35.22 | 34.26 | 33.22 | 30.60 | 31.11 | 29.37 | 29.52 | 27.58 | 28.44 | 26.34 | 24.81 | 24.06 | 23.33 | 22.50 | 21.86 | 20.64 | 22.91 | 21.29 | 24.41 | -6.19 |
| Total Shareholders' Equity | 10.85B | 10.63B | 10.31B | 9.52B | 9.7B | 9.07B | 9.17B | 8.6B | 8.9B | 8.28B | 7.81B | 7.51B | 7.03B | 6.8B | 6.74B | 6.54B | 6.66B | 6.49B | 6.32B | -1.89B |
| Common Stock | 94K | 94K | 94K | 95K | 95K | 95K | 95K | 95K | 95K | 95K | 95K | 95K | 92K | 92K | 92K | 92K | 92K | 92K | 92K | 70K |
| Retained Earnings | 5.42B | 4.72B | 4.3B | 3.53B | 2.89B | 2.3B | 1.72B | 1.15B | 539.33M | -730.9M | -1.2B | -1.53B | -1.94B | -2.15B | -2.25B | -2.41B | -2.56B | -2.67B | -2.79B | -2.8B |
| Treasury Stock | -428.54M | 0 | -84.05M | 0 | -84.05M | 0 | -157.61M | - | -84.05M | - | - | - | -83.8M | - | - | - | - | - | - | - |
| Accumulated OCI | 1.91B | 1.96B | 368.08M | 1.05B | 320.21M | 1.08B | 1.11B | 1.11B | 1.11B | 1.02B | 987.85M | 1.03B | 993.31M | 963.03M | 999.7M | 965.98M | 928M | 872.63M | 830.1M | 743.89M |
| Minority Interest | 46.81M | 45.41M | 40.55M | 40.09M | 28.01M | 26.66M | 23.02M | 21.07M | 17.25M | 8.66M | 1.6M | -5.83M | -4.24M | -6.99M | -4.56M | -4.26M | -6.81M | -2.57M | 9.2M | 8.66M |