Equity Analyst, LightStream Research

Oshadhi Kumarasiri

An equity research analyst with over 7 years of experience in multiple sectors. Previously worked for one of the world's largest asset managers with about USD2.5trn in AUM, covering small and micro-cap companies in the consumer sphere across Europe and developed Asia. Also experienced in covering multiple industries including banking, insurance and asset management, retail, tech, telco and REIT.

Equity Analyst

MINISO Valuation: Valued Like MINISO Merchandise - Bang for the Buck

MINISO Deserves More Than The IPO Valuation

MINISO IPO Trading Update: More Upside Left, But Wait For Better Pricing Or Momentum

MINISO IPO: As Appealing As MINISO Products

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Equity Capital Markets

<p>“MINISO” is a globally recognized retail brand with a network of over 4,200 stores worldwide. The company opened its first store in 2013 in China and used the “MINISO Retail Partner” (similar to a franchise model)  and “Distributor” models to rapidly scale-up the numbers of stores, both within China and overseas. Currently <a href="https://www.smartkarma.com/entities/miniso-group-holdings" target="_blank" data-smartkarma-citation="entities:29673:1" rel="noopener">MINISO Group Holdings (MNSO US)</a> is the leading variety retailer of lifestyle products globally with an aggregate GMV of RMB 19.0 billion (US$2.7 billion) and revenue of RMB 9.0 billion (US$1.3 billion).</p>

“MINISO” is a globally recognized retail brand with a network of over 4,200 stores worldwide. The company opened its first store in 2013 in China and used the “MINISO Retail Partner” (similar to a franchise model)  and “Distributor” models to rapidly scale-up the numbers of stores, both within China and overseas. Currently MINISO Group Holdings (MNSO US) is the leading variety retailer of lifestyle products globally with an aggregate GMV of RMB 19.0 billion (US$2.7 billion) and revenue of RMB 9.0 billion (US$1.3 billion).

MINISO IPO: Long Term Growth Prospects Secured By a Sustainable Competitive Advantage

Miniso

MINISO IPO: Long Term Growth Prospects Secured By a Sustainable Competitive Advantage