MINISO Group Holding Stock Soars 6.84% on Strong Earnings

MNSO, the stock of MINISO Group Holding, surged by 6.84% today, reaching its highest level since February 2025 with an intraday gain of 7.32%.

The strategy of buying MNSO shares after they reach a recent high and holding for one week resulted in poor performance over the past five years. The strategy's return was -7.21%, significantly underperforming the benchmark return of 50.02%. The excess return was -57.23%, and the CAGR was -3.11%. The strategy also had a high maximum drawdown of -62.73% and a Sharpe ratio of -0.05, indicating significant risk and negative returns.

MINISO Group Holding has demonstrated robust financial growth, with revenue increasing by 22.8% over the past year. This substantial growth has been accompanied by an improvement in earnings per share (EPS), which rose from CN¥7.24 to CN¥8.53. This financial performance has likely contributed to the positive market sentiment surrounding the stock.

Looking ahead, the earnings preview for Q1 2025 indicates a consensus EPS of $0.28, representing a 3.7% year-over-year increase. Additionally, estimated revenue for the quarter is $600.03 million, a 16.4% rise year-over-year. These projections suggest continued growth and have likely bolstered investor confidence in the company's future prospects.