COMP <GO>

MNSO vs KSS // 10Y YIELD & FRED MACRO BETA

MINISO Group Holding Limited each representing four (NYSE) VS. Kohl's Corporation (NYSE) • 15-METRIC TALLY: MNSO 1 — KSS 2

■ METRIC PARITY

LAST: $10.23 (+3.65%) • MKT CAP: $3.17B

macro-sensitivity

—

LAST: $24.31 (-0.78%) • MKT CAP: $2.76B

macro-sensitivity

0.93

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (MNSO VS. KSS) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	MNSO	KSS	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	40.60%	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	—	10.20%	—	TIE	/roic <GO>
EV/EBITDA & P/E Valuation	—	3.5x	—	TIE	/valuation <GO>
Free Cash Flow Yield	—	22.00%	—	TIE	/fcf-yield <GO>
Operating Margin	—	4.00%	—	TIE	/operating-margins <GO>
Net Profit Margin	—	1.80%	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	—	-4.30%	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	2.02%	-2.02	KSS	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	1.81	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	—	8/9	—	TIE	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	56.7	67.1	-10.40	KSS	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta ACTIVE	—	0.93	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	9.5x	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$3.17B	$2.76B	$408.9M	MNSO	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	MNSO REV	KSS REV	MNSO GROSS %	KSS GROSS %	MNSO FCF	KSS FCF
FY 2025	—	$15.53B	—	40.6%	—	$681.3M
FY 2024	—	$16.22B	—	40.4%	—	-$81.9M
FY 2023	—	$17.48B	—	—	—	$381.6M

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

MNSO // BETA —

KSS // BETA 0.93