高盛表示，名创优品在全球建立了多种业务模式，实现了从实时消费者需求到制造的端到端有效运营整合，快速回应需求趋势。集团在中国内地的持续增长和全球扩张的成功，使其在整体零售市场的份额有所提升。Miniso has established various business models globally, achieving end-to-end efficient operation integration from real-time consumer demand to manufacturing, and quickly responding to demand trends.
According to the Zhitong Financial APP, Goldman Sachs released a report stating that Miniso (09896) currently has a market price-to-earnings ratio of 12 times the forecast for 2025, and the compound annual growth rate (CAGR) for 2024-2026 is expected to exceed 20%. The base case target price is 52 Hong Kong dollars. Goldman Sachs believes that Miniso's main competitive advantages lie in supply chain management/integration and consumer data advantages.
The report states that Miniso benefits from a diversified geographical coverage to quickly respond to dynamic consumer demands, in addition to directly owning strong upstream manufacturing capabilities in China. Miniso, a leading player in the industry, is able to access real supply chain management and integration.
Goldman Sachs stated that Miniso has established various business models globally, achieving end-to-end efficient operation integration from real-time consumer demand to manufacturing, and quickly responding to demand trends. The group's continuous growth in mainland China and successful global expansion have increased its market share in the overall retail market.
