Nongfu Spring Co., Ltd. (HKG:9633)

Nongfu Spring Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	46,345	42,896	42,667	33,239	29,696	22,877
Revenue Growth (YoY)	4.43%	0.54%	28.36%	11.93%	29.81%	-4.76%
Cost of Revenue	19,005	17,980	17,260	14,144	12,040	9,369
Gross Profit	27,340	24,916	25,407	19,095	17,656	13,508
Selling, General & Admin	11,329	11,136	11,446	9,656	8,984	6,835
Operating Expenses	11,329	11,136	11,446	9,656	8,984	6,835
Operating Income	16,010	13,780	13,960	9,440	8,672	6,673
Interest Expense	-76.59	-91.47	-99.74	-76.03	-52.95	-78.96
Interest & Investment Income	628.84	866.1	991.25	623.36	330.66	147.89
Currency Exchange Gain (Loss)	9.09	75.09	46.02	370.12	-116.62	-240.3
Other Non Operating Income (Expenses)	1,057	1,108	798.95	705.45	526.04	484.99
EBT Excluding Unusual Items	17,628	15,737	15,697	11,062	9,359	6,987
Gain (Loss) on Sale of Investments	60.39	60.39	-	2.29	4.75	-
Gain (Loss) on Sale of Assets	-9.74	-9.74	-8.71	-14.46	-9.8	-0.74
Pretax Income	17,679	15,788	15,688	11,050	9,354	6,986
Income Tax Expense	4,173	3,665	3,609	2,555	2,193	1,709
Earnings From Continuing Operations	13,506	12,123	12,079	8,495	7,162	5,277
Net Income	13,506	12,123	12,079	8,495	7,162	5,277
Preferred Dividends & Other Adjustments	-	-	1.28	1.79	-	-
Net Income to Common	13,506	12,123	12,078	8,493	7,162	5,277
Net Income Growth	7.67%	0.36%	42.19%	18.62%	35.71%	6.65%
Shares Outstanding (Basic)	11,246	11,246	11,244	11,244	11,246	10,937
Shares Outstanding (Diluted)	11,247	11,247	11,246	11,245	11,246	10,937
Shares Change (YoY)	0.01%	0.01%	0.01%	-0.01%	2.83%	1.27%
EPS (Basic)	1.20	1.08	1.07	0.76	0.64	0.48
EPS (Diluted)	1.20	1.08	1.07	0.76	0.64	0.48
EPS Growth	7.67%	0.36%	42.20%	18.63%	31.97%	5.31%
Free Cash Flow	-	4,616	12,591	7,848	8,938	6,193
Free Cash Flow Per Share	-	0.41	1.12	0.70	0.80	0.57
Dividend Per Share	-	0.760	0.750	0.680	0.450	0.170
Dividend Growth	-	1.33%	10.29%	51.11%	164.71%	-66.00%
Gross Margin	58.99%	58.08%	59.55%	57.45%	59.46%	59.05%
Operating Margin	34.55%	32.12%	32.72%	28.40%	29.20%	29.17%
Profit Margin	29.14%	28.26%	28.31%	25.55%	24.12%	23.07%
Free Cash Flow Margin	-	10.76%	29.51%	23.61%	30.10%	27.07%
EBITDA	18,789	16,509	16,484	11,799	10,960	8,546
EBITDA Margin	40.54%	38.49%	38.63%	35.50%	36.91%	37.35%
D&A For EBITDA	2,778	2,729	2,524	2,360	2,288	1,873
EBIT	16,010	13,780	13,960	9,440	8,672	6,673
EBIT Margin	34.55%	32.12%	32.72%	28.40%	29.20%	29.17%
Effective Tax Rate	23.61%	23.21%	23.00%	23.12%	23.44%	24.46%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.