Nongfu Spring Co (9633.HK) Stock Price

Nongfu Spring Co Price

HKEX·CLOSED
44.78
​
Market closed

Revenue has compounded at 17.0% per year over the past 8 years to 61.75 B CNY. Earnings per share have grown at 23.6% per year over the last 8 years. Nongfu Spring Co's net margin stands at 29.9%, up from 23.9% several years earlier. Nongfu Spring Co currently offers a dividend yield of about 1.83%. The payout ratio is around 50% of earnings. The dividend has grown at 41.5% per year over the past 4 years. Analysts set a median price target of 49.32 CNY, implying 10.1% above the current price. Of 33 analysts, 27 rate the stock a buy — an overall Buy consensus.

Nongfu Spring Co stock price

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Nongfu Spring Co business model & stock analysis

Nongfu Spring Co Ltd is a Chinese company specializing in the production and distribution of drinking water, fruit juices, and tea. It was founded by Zhong Shanshan in Hangzhou, China in 1996. Nongfu Spring is one of the largest beverage companies in China, known for its high quality standards and innovation in the industry. The company employs over 20,000 workers and operates more than 20 production facilities throughout China. Its business model focuses on quality, innovation, and customer satisfaction. Nongfu Spring has a strong presence in social media and utilizes digital marketing strategies to reach customers. It is also involved in the real estate sector, owning and operating several hotels and resorts in China. Overall, Nongfu Spring has become one of the leading beverage manufacturers in China, recognized for its high product quality and customer satisfaction.

Frequently asked questions about Nongfu Spring Co

The business model of Nongfu Spring Co Ltd is centered around the production and distribution of bottled water and other beverages in China. As one of the leading bottled water brands in the country, Nongfu Spring focuses on sourcing and purifying natural spring water, ensuring high-quality products for its consumers. The company also diversifies its product portfolio by offering various types of bottled water, flavored drinks, and functional beverages. Nongfu Spring's extensive distribution network enables nationwide reach, catering to both retail and wholesale channels. By consistently delivering reliable and healthy products, Nongfu Spring has successfully built a strong brand presence in the Chinese beverage market.

Nongfu Spring Co Ltd is primarily active in the beverages industry.

The main competitors of Nongfu Spring Co Ltd in the market include China Resources (Holdings) Co Ltd, Tingyi (Cayman Islands) Holding Corp, Coca-Cola Beverages (China) Ltd, and Wahaha Group Co Ltd. These companies are prominent players in the beverage industry and compete with Nongfu Spring in terms of product range, market presence, and brand recognition. Nongfu Spring, however, maintains a strong market position due to its focus on high-quality natural spring water, innovative product offerings, and effective marketing strategies.

Nongfu Spring Co Ltd, a renowned Chinese beverage company, has a rich history and background. Established in 1996 by entrepreneur Zhong Shanshan, the company has become one of the leading bottled water and beverage manufacturers in China. Nongfu Spring focuses on providing high-quality drinking water products sourced from natural springs across China. Over the years, the company has expanded its product range to include a wide variety of beverages such as fruit juices, tea drinks, and functional beverages. With a strong emphasis on quality, Nongfu Spring Co Ltd has gained a significant market share in China's beverage industry, becoming a trusted brand among consumers.

Nongfu Spring Co Ltd has achieved several significant milestones. The company successfully went public in September 2020, raising a total of $1.1 billion through its initial public offering (IPO). Nongfu Spring is the leading bottled water and beverage producer in China, with a market share of approximately 30%. The company has a wide product portfolio, including bottled water, tea, fruit juice, and functional beverages. In recent years, Nongfu Spring has experienced rapid growth, expanding its market presence both domestically and internationally. The company's dedication to quality, innovative products, and strong brand recognition have contributed to its success and strong performance in the market.

Nongfu Spring Co Ltd is primarily present in China. With its headquarters located in Hangzhou, Zhejiang Province, the company has established a strong presence across various regions within China. It distributes its products nationwide, catering to millions of consumers. As a leading bottled water and beverage producer, Nongfu Spring Co Ltd has gained significant brand recognition and market share in China. Its extensive distribution network ensures accessibility and availability of its products throughout the country.

Nongfu Spring Co Ltd represents a values-driven corporate philosophy. With a focus on quality, the company aims to provide consumers with pure and natural drinking water sourced from protected areas. Nongfu Spring values sustainability and adopts environmentally friendly practices throughout its operations. The company promotes health and wellness, offering a range of beverages to cater to different consumer preferences. Nongfu Spring is committed to innovation and constantly explores new product lines and technologies to meet evolving consumer demands. With a strong emphasis on customer satisfaction, the company strives to deliver exceptional products and services that align with its core values.

Analysts currently set an average price target of 46.56 CNY for the Nongfu Spring Co stock (median: 49.32 CNY), implying +19.0 % versus the latest price. The consensus is based on 33 analyst ratings.

33 analysts currently rate the Nongfu Spring Co stock: 27 recommend buying, 4 holding and 2 selling. For 2026, analysts expect Nongfu Spring Co to generate revenue of 61.37 B CNY and earnings per share of 1.63 CNY.

Converted at the current exchange rate, the Nongfu Spring Co share trades at 5.99 EUR (44.78 CNY).

The Nongfu Spring Co share (9633.HK) is listed on 6 stock exchanges, including: Hongkong (HKEX) (9633.HK), Frankfurt (7NF.F), München (7NF.MU), Düsseldorf (7NF.DU), Hamburg (7NF.HM).

Nongfu Spring Co Ltd is a Chinese company specializing in the production and distribution of bottled water, fruit juices, and tea beverages. The company was founded in 1996 and is headquartered in Hangzhou, China. The business model of Nongfu Spring is diverse and includes various sectors that make up the core business of the company. One of the most important sectors is the production of natural mineral water, which is extracted from the hills surrounding Hangzhou. The company focuses on sustainable and environmentally friendly production that meets strict quality standards. Another important area of Nongfu Spring's business model is the production of fruit juices and tea beverages. These are made from high-quality and natural ingredients and are available in various flavors. The products are distributed both in China and internationally and are popular among consumers and retailers. To promote the distribution and marketing of its products, Nongfu Spring has built a wide network of distribution partners that distribute the company's products throughout China and internationally. The company relies on efficient logistics and a strong presence in key distribution channels such as supermarkets, convenience stores, and online trading platforms. Another important aspect of Nongfu Spring's business model is constant product innovation and development. The company regularly invests in research and development to develop new products and packaging solutions that meet consumer needs. The company also utilizes modern technologies and production processes to improve the efficiency and quality of its products. In summary, Nongfu Spring Co Ltd follows a versatile and successful business model based on sustainable production, high-quality products, and efficient distribution and marketing. The company has become one of the largest and most successful beverage manufacturers in China in a short period of time and continues its international expansion. With its wide range of products and innovations, the company will continue to play an important role in the bottled water, fruit juice, and tea beverage market in the future.

The expected revenue of Nongfu Spring Co is 61.37 B CNY. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Nongfu Spring Co is 18.36 B CNY. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Nongfu Spring Co is currently 27.44. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Nongfu Spring Co stock.

The price-to-sales ratio (P/S) of Nongfu Spring Co is currently 8.21. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Nongfu Spring Co stock.

The Eulerpool Quality Score for Nongfu Spring Co is 6/10.

The ISIN of Nongfu Spring Co is CNE100004272. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Nongfu Spring Co is A2QB2T. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Nongfu Spring Co is 9633.HK. The ticker symbol is used to trade Nongfu Spring Co shares on the stock exchange.

Fair ValueTerminal
43.44 CNY
Over-/UndervaluationTerminal
Fairly valued
Industry
Beverages
Number of shares
Employees
Revenue per Employee
3.27 M CNY
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
Currency
CNY
Initial public offering
Sep 8, 2020
ISIN
CNE100004272
Cusip
Y6367W106
Sedol
BMGWW30
Market capitalization
503.59 B CNYMega Cap
52-Week Range
PEG
2.21
P/E ratio
P/Ee 2026
27.42
P/Ee 2027
24.40
P/Ee 2028
21.74
P/Ee 2029
16.84
P/Ee 2030
15.34
P/S
P/Se
8.21
EV/EBIT
22.11
P/B Ratio
10.95
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
36.08 %
Dividend
Dividend yield
1.83 %
Est. Dividend Yield
2.19 %
Payout Ratio
49.90 %
Dividend growth Ø5Y
13.12 %
Dividend payments per year
1
Dividend paid since
5 years
Dividend not reduced since
5 years
Dividend increased since
0 years
Dividend withholding tax
10.00 %
Last updated Nov 11, 2026, 11:03 PM

Nongfu Spring Co Peer Group

Nongfu Spring Co Ticker

DÜSSELDORF · 7NF.DUFRANKFURT · 7NF.FHAMBURG · 7NF.HMHKEX · 9633.HKMUNICH · 7NF.MUOTC · NNFSF

Nongfu Spring Co FIGI

9633:HK · BBG00WR0QPZ77NF:GR · BBG00X6LRBK87NF:GF · BBG00X6LRBL77NF:GD · BBG00X6LRBM67NF:GS · BBG00X6LRBP37NF:GM · BBG00X6LRBQ27NF:GB · BBG00X6LRBR17NF:GH · BBG00X6LRBV67NF:QT · BBG00X6ZW2Y69633EUR:EP · BBG00X6ZW7Y59633EUR:EZ · BBG00X6ZW8199633EUR:XS · BBG00X6ZW828