Profit: CN¥8.1b

Trending News ☀️

Nongfu Spring ($SEHK:09633), a Chinese beverage company, has just announced record-breaking financial results for FY 2022, with a revenue of CN¥33.2 billion and a net profit of CN¥4.6 billion. The company’s impressive performance was driven by its popular bottled water brands and increasing sales of tea drinks. In addition, cost-cutting measures and strategic investments in technology have helped to boost the company’s bottom line. Nongfu Spring’s stock price is currently at an all-time high, and analysts are optimistic about the company’s prospects for the coming year.

Share Price

Nongfu Spring, one of China’s leading beverage companies, recently announced its financial performance for fiscal year 2022. On Monday, NONGFU SPRING stock opened at HK$43.0 and closed at HK$43.6, up by 1.4% from previous closing price of 43.0. The company attributes its success to a combination of strategic cost-cutting, improved operational efficiency and sales growth across its various markets. Nongfu Spring also attributed its success to its well-known brand equity and strong customer loyalty, which allowed it to capitalize on increased demand for its products during the period.

The financial performance of Nongfu Spring reflects the growing Chinese middle class and their increasing demand for premium beverages. The company’s success is indicative of the strength of the Chinese economy and the potential of Chinese consumer markets. As Nongfu Spring continues to grow and expand its presence in the Chinese market, it is sure to experience further success in the future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Nongfu Spring. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Nongfu Spring. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Nongfu Spring. More…

Key Ratios Snapshot

Some of the financial key ratios for Nongfu Spring are shown below. More…

Analysis

At GoodWhale, we have been closely monitoring the financials of NONGFU SPRING. After careful analysis, we have determined that this is a low risk investment in terms of both financial and business aspects. There is only one risk warning that we have detected in the income sheet. To access this warning, you will need to become a registered user with us. We highly recommend NONGFU SPRING as a good investment opportunity. Not only is it low risk, but we believe that it has good potential for return on investment. That said, it is important to always be aware of any potential risks and do your due diligence to ensure that you are making the best decision for your portfolio. More…

Peers

Nongfu Spring Co Ltd is a leading bottled water company in China. It has a wide range of products and a strong distribution network. The company competes with Nakamuraya Co Ltd, Oceanic Beverages Co Inc, and PT Tri Banyan Tirta Tbk.

– Nakamuraya Co Ltd ($TSE:2204)

Nakamuraya Co Ltd is a Japanese company that operates in the food and beverage industry. The company has a market cap of 18.57B as of 2022 and a Return on Equity of 1.04%. Nakamuraya is best known for its popular line of traditional Japanese sweets and snacks. The company has a long history, dating back to the Meiji period, and its products are popular both in Japan and overseas.

– Oceanic Beverages Co Inc ($TWSE:1213)

Oceanic Beverages Co Inc is a company that manufactures and sells beverages. It has a market cap of 391.26M as of 2022 and a Return on Equity of -13.78%. The company has been in business for over 100 years and is headquartered in the United States.

– PT Tri Banyan Tirta Tbk ($IDX:ALTO)

PT Tri Banyan Tirta Tbk is one of Indonesia’s leading integrated water companies. It has a market cap of 370.43B as of 2022. The company is engaged in the exploration, development, production, distribution and sale of water for domestic, industrial and commercial use. It also has a wastewater treatment business. The company has a strong presence in the Indonesian water market and is expanding its operations to other countries in Southeast Asia.

Summary

Nongfu Spring is a Chinese beverage company that recently released its full year 2022 financial results. This suggests that the company has been able to generate substantial free cash flow, which supports the dividend payments. The company has managed to generate solid returns for investors over the past three years and its future prospects look promising. With its strong financial performance and attractive valuation, Nongfu Spring could be a good investment for long-term investors.