MINISO Group Holding annual debt-to-equity ratio
2021
2022
2023
2023
2024
2025
MINISO Group Holding Debt-to-Equity Ratio Growth & History (MNSO)
MINISO Group Holding's debt-to-equity ratio was 1.02 for fiscal 2025.
View full MINISO Group Holding company overviewMINISO Group Holding annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.02 | 0.72 | +238.33% |
| 2024 | 2024-12-31 | 0.30 | 0.16 | +120.67% |
| 2023 · Dec 31 | 2023-12-31 | 0.14 | — | — |
| 2023 · Jun 30 | 2023-06-30 | 0.10 | 0.01 | +7.20% |
| 2022 | 2022-06-30 | 0.09 | −0.03 | −24.47% |
| 2021 | 2021-06-30 | 0.12 | — | — |
MINISO Group Holding quarterly debt-to-equity ratio
Q4.21
Q3.22
Q4.22
Q4.23
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.28 | 0.33 | +34.32% |
| Q1 2026 | 2026-03-31 | 1.05 | 0.18 | +21.14% |
| Q4 2025 | 2025-12-31 | 1.02 | 0.72 | +238.33% |
| Q3 2025 | 2025-09-30 | 1.02 | — | — |
| Q2 2025 | 2025-06-30 | 0.95 | — | — |
| Q1 2025 | 2025-03-31 | 0.87 | — | — |
| Q4 2024 | 2024-12-31 | 0.30 | 0.16 | +120.67% |
| Q4 2023 | 2023-12-31 | 0.14 | — | — |
| Q4 2022 | 2022-06-30 | 0.09 | −0.03 | −24.47% |
| Q3 2022 | 2022-03-31 | 0.10 | — | — |
| Q4 2021 | 2021-06-30 | 0.12 | — | — |
MINISO Group Holding debt-to-equity ratio trends
Between the periods ended 2021-06-30 and 2025-12-31, MINISO Group Holding's debt-to-equity ratio increased from 0.12 to 1.02, a change of 0.90. The latest reported quarter, Q2 2026, shows 1.28.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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