1. China Stocks

  2. •

    Consumer non-durables

  3. •

    Beverages: non-alcoholic
Nongfu Spring Co., Ltd. Class H

Nongfu Spring Co., Ltd. Class H

4.61
EUR
+0.00
(-0.04%)
57.94BMarket Cap
Mar 30Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.56
1.83
2.15
2.09
2.64
2.96
3.79
3.81
4.67
- -
Basic EPS, GAAP
0.3
0.32
0.44
0.48
0.64
0.76
1.07
1.08
1.41
- -
Free Cash Flow per Basic Share
0.21
0.11
0.37
0.56
0.79
0.68
1.11
0.41
1.28
- -
Dividend per Share
0.03
0.04
0.86
0.73
0.17
0.45
0.68
0.75
0.76
- -
Book Value per Share
0.99
1.28
0.88
1.38
1.84
2.14
2.54
2.87
3.51
3.51
Tangible Book Value per Share
0.95
1.23
0.88
1.37
1.84
2.14
2.53
2.86
3.5
3.5
Basic Weighted Avg Shares
11,188
11,188
11,188
10,937
11,246
11,244
11,244
11,246
11,246
11,242
Sales/Revenue/Turnover
17,491
20,475
24,021
22,877
29,696
33,239
42,667
42,896
52,553
- -
Operating Margin (%)
24.64
24.15
27.32
31.14
30.66
29.97
34.2
34.25
38.64
- -
Depreciation Expense
1,160
1,395
1,734
1,925
2,378
2,487
2,631
2,875
3,393
- -
Net Income, GAAP
3,380
3,606
4,949
5,277
7,162
8,495
12,079
12,123
15,868
- -
Effective Tax Rate (%)
23.65
24.18
23.77
24.46
23.44
23.12
23
23.21
24.14
- -
Profit Margin (%)
19.33
17.61
20.6
23.07
24.12
25.56
28.31
28.26
30.19
- -
Working Capital
1,660
2,678
-3,069
2,367
6,247
3,760
8,585
-913
1,741
1,741
LT Debt
31
17
30
41
43
31
31
66
41
41
Total Equity
11,165
14,416
9,882
15,492
20,742
24,084
28,571
32,287
39,470
39,470
Return on Invested Capital (%)
- -
27.25
37.17
34.9
31.61
28.57
35.61
30.96
35.87
- -
Return on Capital (%)
- -
28.01
39.04
36.96
34.88
34.26
41.64
35.96
39.8
- -
Return on Common Equity (%)
- -
28.28
40.81
41.6
39.53
37.9
45.88
39.84
44.23
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
3,681
4,465
4,452
LT Borrowings
- -
- -
- -
LT Finance Leases
66
87
41
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11,246
11,246
11,246
Market Capitalization
357,192
415,853
476,067

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
19,072
26,524
26,564
Cash, Cash Equivalents & STI
12,251
19,140
18,732
Accounts Receivable, Net
581
836
597
Inventories
5,013
5,104
5,846
Total Current Liabilities
19,985
32,135
24,823
Payables & Accruals
- -
- -
- -
ST Debt
3,681
4,465
4,452
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
20.78%
22.25%
Free Cash Flow
- -
48.83%
214.5%
Net Income, GAAP
- -
25.55%
30.89%
Sales/Revenue/Turnover
- -
18.63%
22.51%
Total Cash Common Dividend
- -
30.27%
1.33%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
42,667
2024
- -
- -
42,896
2025
- -
- -
52,553

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1.07
2024
- -
- -
1.08
2025
- -
- -
1.41

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.68
2024
- -
- -
0.75
2025
- -
- -
0.76

Company Description

Company Profile APIChatGPT
CEO
Shan Shan Zhong
Full Time Employees
28,000
Sector
Consumer non-durables
Industry
Beverages: non-alcoholic
Address
No.181 Geyazhuang Road Hangzhou ZH China 310024
IPO Date
Sep 8, 2020
Website
nongfuspring.com
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Business
Nongfu Spring Co., Ltd. (9633.HK) produces and sells packaged drinking water and beverage products primarily in Mainland China. Founded in 1996 and headquartered in Hangzhou, the company operates through five segments offering natural drinking water under the flagship Nongfu Spring brand; ready-to-drink tea including Oriental Leaf sugar-free tea and Tea π fruity tea drinks; functional beverages such as Scream energy drink; fruit juices; plant protein drinks; coffee; and other non-alcoholic beverage categories. It maintains leading market positions in China's packaged water sector with production facilities located at natural water sources across the country and recent expansion into international markets including a North American subsidiary. In October 2025, Nongfu Spring acquired a Nashua warehouse for $67 million to support its North American operations; the company also reported strong FY2024 revenue of RMB 42.896 billion and continues product diversification amid robust financial performance with high ROE and low debt as of Q2 2025.

Company News

Company News APIChatGPT

  • defenseworld.net

    Nongfu Spring Co., Ltd. (OTCMKTS:NNFSF) Sees Large Decline in Short Interest

  • seekingalpha.com

    Nongfu Spring: A Buy On Strong Growth And High Margins