国泰君安表示，公司2024Q3业绩符合预期，拓店持续发力；Q4哈利波特上新同店提振可期，海外旺季净利率有望显著提升。光大证券则认为，公司国内业务持续强化货盘管理与IP打造能力，随着海外进入旺季和上半年直营门店逐渐成熟，公司收入和利润端表现有望持续提升。$MNSO (09896.HK)$ The Hong Kong stock market rose nearly 14% after earnings, trading at HKD 44.05 as of the time of writing, with a turnover of HKD 0.792 billion.
In terms of news, miniso disclosed its performance for the three and nine months ending September 30, 2024. For the nine months ending September 30, 2024, the group achieved revenue of 12.281 billion yuan (RMB, the same below), a year-on-year increase of 22.8%; gross profit of 5.42 billion yuan, a year-on-year increase of 34.1%; profit for the period of 1.826 billion yuan, a year-on-year increase of 11.6%; basic earnings per share of 1.46 yuan.
For the three months ending September 30, revenue was 4.523 billion yuan, a year-on-year increase of 19.3%; gross profit of 2.03 billion yuan, a year-on-year increase of 28.2%; profit for the period of 0.648 billion yuan, a year-on-year increase of 4.9%; basic earnings per share of 0.52 yuan. The announcement states that the year-on-year increase in revenue for the nine months ending September 30, 2024, is mainly due to an 18.5% year-on-year growth in the average number of stores at the group level and low single-digit same-store sales growth.
gtja stated that the company's Q3 2024 performance met expectations, with ongoing efforts to expand stores; Q4's Harry Potter launch is expected to boost same-store sales, and the overseas peak season's net margin is expected to improve significantly. everbright believes that the company's domestic business continues to strengthen its inventory management and IP creation capabilities. With the overseas peak season approaching and the gradually maturing direct-operated stores from the first half of the year, the company's revenue and profit performance is expected to continue to improve.
Editor/Rocky
