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Income Statement (CNY)
| Q2 '24 | QoQ | |
|---|---|---|
| Revenue | 4.04B | 8.4% |
| Gross Profit | 1.77B | 9.7% |
| Cost of Revenue | 2.26B | 7.3% |
| Operating expense | 1.04B | 18.1% |
| Net Income | 588M | 0.9% |
| EBITDA | 785M | 0.1% |
Balance Sheet (CNY)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 15.7B | 5.4% |
| Total Liabilities | 5.99B | 3.1% |
| Total Equity | 9.7B | 6.9% |
| Shares Outstanding | 313M | 0.9% |
Cash Flow (CNY)
| Q2 '24 | QoQ |
|---|
EPS
Financial Highlights for Miniso Group in Q2 '24
Miniso Group reported a revenue of 4.04B, which is a 8.4% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 1.77B, marking a 9.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 2.26B, a 7.3% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 1.04B, showing a 18.1% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 588M, showing a 0.9% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 785M, showing a 0.1% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Miniso Group with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
