MINISO GROUP HOLDING LTD-ADR (NYSE:MNSO), a strong growth stock, setting up for a breakout.

In this article, we'll take a closer look at MINISO GROUP HOLDING LTD-ADR (NYSE:MNSO) as a potential candidate for growth investing. While it's important for investors to conduct their own research, MINISO GROUP HOLDING LTD-ADR has piqued our interest by appearing on our strong growth and breakout radar. Let's explore further.

Growth Assessment of MNSO

Every stock receives a Growth Rating from ChartMill, ranging from 0 to 10. This rating assesses various growth aspects, including historical and projected EPS and revenue growth. MNSO boasts a 8 out of 10:

• MNSO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 69.24%, which is quite impressive.
• Looking at the last year, MNSO shows a very strong growth in Revenue. The Revenue has grown by 29.06%.
• The Revenue has been growing by 8.51% on average over the past years. This is quite good.
• Based on estimates for the next years, MNSO will show a very strong growth in Earnings Per Share. The EPS will grow by 32.52% on average per year.
• Based on estimates for the next years, MNSO will show a very strong growth in Revenue. The Revenue will grow by 29.14% on average per year.
• When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.

Health Insights: MNSO

ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For MNSO, the assigned 7 for health provides valuable insights:

• An Altman-Z score of 7.15 indicates that MNSO is not in any danger for bankruptcy at the moment.
• MNSO has a Altman-Z score of 7.15. This is amongst the best in the industry. MNSO outperforms 93.75% of its industry peers.
• MNSO has a Debt/Equity ratio of 0.15. This is a healthy value indicating a solid balance between debt and equity.
• MNSO's Debt to Equity ratio of 0.15 is fine compared to the rest of the industry. MNSO outperforms 65.63% of its industry peers.
• A Current Ratio of 2.38 indicates that MNSO has no problem at all paying its short term obligations.
• MNSO's Current ratio of 2.38 is amongst the best of the industry. MNSO outperforms 84.38% of its industry peers.
• With a decent Quick ratio value of 1.93, MNSO is doing good in the industry, outperforming 78.13% of the companies in the same industry.

Evaluating Profitability: MNSO

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. MNSO has earned a 7 out of 10:

• The Return On Assets of MNSO (15.39%) is better than 93.75% of its industry peers.
• MNSO has a Return On Equity of 24.94%. This is amongst the best in the industry. MNSO outperforms 84.38% of its industry peers.
• With an excellent Return On Invested Capital value of 19.84%, MNSO belongs to the best of the industry, outperforming 90.63% of the companies in the same industry.
• The 3 year average ROIC (9.40%) for MNSO is below the current ROIC(19.84%), indicating increased profibility in the last year.
• MNSO's Profit Margin of 15.71% is amongst the best of the industry. MNSO outperforms 93.75% of its industry peers.
• The Operating Margin of MNSO (19.87%) is better than 93.75% of its industry peers.
• In the last couple of years the Operating Margin of MNSO has grown nicely.
• MNSO's Gross Margin has improved in the last couple of years.

Why is MNSO a setup?

ChartMill provides a Setup Rating for each stock. This rating, ranging from 0 to 10, assesses the level of consolidation in the stock based on multiple short-term technical indicators. Currently, MNSO has a 7 as its setup rating, indicating its current consolidation status.

MNSO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.89, a Stop Loss order could be placed below this zone.

Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.

Our latest full fundamental report of MNSO contains the most current fundamental analsysis.

Our latest full technical report of MNSO contains the most current technical analsysis.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.