Is MINISO GROUP HOLDING LTD-ADR (NYSE:MNSO) suited for high growth investing?

MINISO GROUP HOLDING LTD-ADR (NYSE:MNSO) has been identified as a Technical Breakout Setup Pattern by our stock screener. This pattern typically occurs when a stock takes a pause after a significant rise, indicating the possibility of a continuation in the trend. While it's impossible to predict with certainty, it might be beneficial to monitor NYSE:MNSO.

Technical analysis of NYSE:MNSO

ChartMill employs a sophisticated system to assign a Technical Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple technical indicators and properties.

Overall MNSO gets a technical rating of 8 out of 10. Although MNSO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

• Both the short term and long term trends are positive. This is a very positive sign.
• MNSO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MNSO is performing more or less in line with the market.
• In the last month MNSO has a been trading in the 22.71 - 25.30 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
• Looking at the yearly performance, MNSO did better than 77% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
• MNSO is an average performer in the Broadline Retail industry, it outperforms 67% of 32 stocks in the same industry.

Check the latest full technical report of MNSO for a complete technical analysis.

How do we evaluate the setup for NYSE:MNSO?

Next to the Technical Rating, the Setup Rating of a stock determines to which extend the stock is consolidating. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. For NYSE:MNSO this score is currently 8:

MNSO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 23.34, a Stop Loss order could be placed below this zone.

Why NYSE:MNSO may be interesting for high growth investors.

• MINISO GROUP HOLDING LTD-ADR has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 393.0% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• The q2q revenue growth of 26.32% of MINISO GROUP HOLDING LTD-ADR highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
• The 1-year revenue growth of MINISO GROUP HOLDING LTD-ADR (29.06%) has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and expand its market share.
• The recent financial report of MINISO GROUP HOLDING LTD-ADR demonstrates a 393.0% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• accelerating EPS growth for MINISO GROUP HOLDING LTD-ADR: the current Q2Q growth of 393.0% exceeds the previous year Q2Q growth of 317.0%.
• With a favorable trend in its operating margin over the past year, MINISO GROUP HOLDING LTD-ADR demonstrates its ability to enhance profitability through efficient operations. This growth reflects the company's focus on optimizing its cost structure.
• MINISO GROUP HOLDING LTD-ADR has experienced notable growth in its free cash flow (FCF) over the past year, signaling improved cash generation and strong financial performance. This growth suggests the company's ability to generate excess cash for reinvestment or shareholder returns.
• MINISO GROUP HOLDING LTD-ADR exhibits a strong Return on Equity (ROE) of 24.94%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
• Maintaining a Debt-to-Equity ratio of 0.15, MINISO GROUP HOLDING LTD-ADR demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
• MINISO GROUP HOLDING LTD-ADR demonstrates a balanced ownership structure, with institutional shareholders at 10.05%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.
• MINISO GROUP HOLDING LTD-ADR has surpassed EPS estimates 3 times in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.
• MINISO GROUP HOLDING LTD-ADR has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 77.87 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. MINISO GROUP HOLDING LTD-ADR is well-positioned for potential price growth opportunities.

Our High Growth Momentum Breakout screen will find you more ideas suited for high growth momentum breakouts.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.