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

Nongfu Spring Balance Sheet

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
Cash & Equivalents	14,906	10,722	24,125	15,211	14,784	9,119
Short-Term Investments	-	116.4	106.23	82.06	106.29	81.68
Trading Asset Securities	4,234	1,529	-	-	204.75	-
Cash & Short-Term Investments	19,140	12,368	24,231	15,293	15,095	9,201
Cash Growth	0.59%	-48.96%	58.45%	1.32%	64.06%	689.69%
Accounts Receivable	835.57	581.37	547.02	478.59	476.28	357.56
Other Receivables	-	762.38	123.9	155.05	184.96	594.19
Receivables	835.57	1,344	670.92	633.63	661.24	951.75
Inventory	5,104	5,013	3,092	2,108	1,809	1,805
Prepaid Expenses	-	238.82	209.12	124.35	108.16	75.36
Other Current Assets	1,444	108.38	258.21	201.91	162.4	158.51
Total Current Assets	26,524	19,072	28,461	18,361	17,836	12,192
Property, Plant & Equipment	24,745	22,110	18,127	16,251	13,524	13,286
Long-Term Investments	11,505	10,631	1,511	4,102	1,121	-
Other Intangible Assets	161.2	71.56	74.22	58.08	65.1	57.89
Long-Term Deferred Tax Assets	1,298	1,088	921.33	433.11	293.09	314.63
Other Long-Term Assets	160.07	188.22	42.83	49.44	56.41	9.11
Total Assets	64,394	53,160	49,137	39,255	32,896	25,859
Accounts Payable	1,919	1,499	1,770	1,425	1,153	881.8
Accrued Expenses	-	5,973	6,001	3,230	2,489	1,632
Short-Term Debt	4,420	3,625	3,121	2,425	2,500	2,414
Current Portion of Leases	45.41	55.71	58.03	68.68	46.72	14.07
Current Income Taxes Payable	2,324	1,695	2,054	1,500	1,050	938.13
Current Unearned Revenue	2,898	3,566	3,585	2,677	2,351	2,247
Other Current Liabilities	20,530	3,571	3,288	3,276	1,999	1,698
Total Current Liabilities	32,135	19,985	19,877	14,601	11,589	9,825
Long-Term Leases	86.8	65.91	31.25	31.18	43.3	41.31
Long-Term Unearned Revenue	324.22	319.4	303.06	291.42	264.55	267.27
Long-Term Deferred Tax Liabilities	476.95	503.1	355.36	246.74	257.7	233.91
Total Liabilities	33,023	20,873	20,566	15,171	12,154	10,367
Common Stock	1,125	1,125	1,125	1,125	1,125	1,125
Retained Earnings	-	22,737	19,049	14,617	11,182	5,932
Comprehensive Income & Other	30,246	8,425	8,398	8,343	8,435	8,435
Total Common Equity	31,370	32,287	28,571	24,084	20,742	15,492
Shareholders' Equity	31,370	32,287	28,571	24,084	20,742	15,492
Total Liabilities & Equity	64,394	53,160	49,137	39,255	32,896	25,859
Total Debt	4,552	3,747	3,210	2,525	2,590	2,469
Net Cash (Debt)	14,588	8,621	21,022	12,768	12,504	6,731
Net Cash Growth	-3.27%	-58.99%	64.64%	2.11%	85.77%	5129.48%
Net Cash Per Share	1.30	0.77	1.87	1.14	1.11	0.62
Filing Date Shares Outstanding	11,246	11,246	11,246	11,246	11,246	11,246
Total Common Shares Outstanding	11,246	11,246	11,246	11,246	11,246	11,246
Working Capital	-5,611	-912.86	8,585	3,760	6,247	2,367
Book Value Per Share	2.79	2.87	2.54	2.14	1.84	1.38
Tangible Book Value	31,209	32,216	28,497	24,026	20,677	15,434
Tangible Book Value Per Share	2.78	2.86	2.53	2.14	1.84	1.37
Buildings	-	6,652	6,211	5,250	4,931	4,665
Machinery	-	29,252	25,092	21,970	18,117	16,078
Construction In Progress	-	3,466	1,699	1,738	1,194	1,228
Leasehold Improvements	-	237.42	214.02	213.17	153.04	217.23

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