Nongfu Spring Co., Ltd.
NNFSF
Other OTC5.51
USD
- -
- -
ISIN
CNE100004272
Return %
Stock
S&P500
1Y
13.84
26.53
3Y
4.16
76.60
5Y
13.61
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Shanshan Zhong
- Full Time Employees
- 20,000
- Sector
- Consumer Defensive
- Industry
- Beverages - Non-Alcoholic
- Address
- No.181 Geyazhuang Road Hangzhou People's Republic of China 310024
- IPO Date
- Jan 12, 2021
- Website
- nongfuspring.com
- Similar Companies
- Business
- Nongfu Spring Co., Ltd. engages in the research, development, production, and sale of packaged drinking water and beverage products, primarily serving the Mainland China market. Founded in 1996 and headquartered in Hangzhou, China, the company operates through five main product segments: Water Products, which includes natural packaged drinking water sourced from various natural springs; Ready-To-Drink Tea Products featuring brands such as Tea π and sugar-free tea beverage Oriental Leaf; Functional Drinks Products including Scream energy drinks and Victory Vitamin Water; Juice Beverage Products encompassing low-concentration juices like Water Soluble C100, medium-concentration Farmer’s Orchard juices, and not-from-concentrate juice series; and Other Products which consist of coffee beverages, soda water, sparkling flavored drinks, plant-based yogurt products, and agricultural products such as fresh fruits. Nongfu Spring maintains strategic control over its production by situating its bases near water sources and operates multiple production lines for these products. In recent years, Nongfu Spring has pursued aggressive market expansion and innovation strategies including six new water source projects initiated in 2024 to secure sustainable supply. The company has launched a number of new health-focused functional beverages to capitalize on wellness trends, boosting its product range by approximately 30% compared to previous years. It aims to increase bottled water market share in China to 30% by 2024 and targets a 15% year-over-year revenue growth driven by product line diversification and geographical expansion. Sustainability initiatives are also a key focus, with targets to reduce the carbon footprint by 30% by 2025 and increase plastic bottle recycling to 75%. Significant investments of over ¥1 billion in research and development underscore the commitment to innovation and product quality enhancement. Nongfu Spring’s recent operational and strategic initiatives emphasize expanding health-oriented offerings, environmental responsibility, and solidifying its leadership in the Chinese beverage industry.
Nongfu Spring Co., Ltd. (OTCMKTS:NNFSF) Sees Large Decline in Short Interest
Nongfu Spring: A Buy On Strong Growth And High Margins