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

Nongfu Spring Balance Sheet

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

Assets

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	11,178	10,722	24,125	15,211	14,784
Short-Term Investments	80.8	116.4	106.23	82.06	106.29
Trading Asset Securities	7,555	1,529	-	-	204.75
Cash & Short-Term Investments	18,814	12,368	24,231	15,293	15,095
Cash Growth	52.12%	-48.96%	58.45%	1.32%	64.06%
Accounts Receivable	598.15	581.37	547.02	478.59	476.28
Other Receivables	853.89	762.38	123.9	155.05	184.96
Receivables	1,452	1,344	670.92	633.63	661.24
Inventory	5,846	5,013	3,092	2,108	1,809
Prepaid Expenses	301.93	238.82	209.12	124.35	108.16
Restricted Cash	8.13	7.68	-	-	-
Other Current Assets	141.26	100.7	258.21	201.91	162.4
Total Current Assets	26,564	19,072	28,461	18,361	17,836
Property, Plant & Equipment	25,982	22,110	18,127	16,251	13,524
Long-Term Investments	11,088	10,631	1,511	4,102	1,121
Other Intangible Assets	80.89	71.56	74.22	58.08	65.1
Long-Term Deferred Tax Assets	1,347	1,088	921.33	433.11	293.09
Other Long-Term Assets	108.57	188.22	42.83	49.44	56.41
Total Assets	65,169	53,160	49,137	39,255	32,896

Liabilities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1,654	1,499	1,770	1,425	1,153
Accrued Expenses	7,747	5,973	6,001	3,230	2,489
Short-Term Debt	4,390	3,625	3,121	2,425	2,500
Current Portion of Leases	61.84	55.71	58.03	68.68	46.72
Current Income Taxes Payable	2,560	1,695	2,054	1,500	1,050
Current Unearned Revenue	4,195	3,566	3,585	2,677	2,351
Other Current Liabilities	4,215	3,571	3,288	3,276	1,999
Total Current Liabilities	24,823	19,985	19,877	14,601	11,589
Long-Term Leases	40.86	65.91	31.25	31.18	43.3
Long-Term Unearned Revenue	359.32	319.4	303.06	291.42	264.55
Long-Term Deferred Tax Liabilities	476.15	503.1	355.36	246.74	257.7
Total Liabilities	25,699	20,873	20,566	15,171	12,154

Shareholders' Equity

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1,125	1,125	1,125	1,125	1,125
Retained Earnings	30,058	22,737	19,049	14,617	11,182
Comprehensive Income & Other	8,287	8,425	8,398	8,343	8,435
Total Common Equity	39,470	32,287	28,571	24,084	20,742
Shareholders' Equity	39,470	32,287	28,571	24,084	20,742
Total Liabilities & Equity	65,169	53,160	49,137	39,255	32,896

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	4,493	3,747	3,210	2,525	2,590
Net Cash (Debt)	14,321	8,621	21,022	12,768	12,504
Net Cash Growth	66.12%	-58.99%	64.64%	2.11%	85.77%
Net Cash Per Share	1.27	0.77	1.87	1.14	1.11
Filing Date Shares Outstanding	11,246	11,246	11,246	11,246	11,246
Total Common Shares Outstanding	11,246	11,246	11,246	11,246	11,246
Working Capital	1,741	-912.86	8,585	3,760	6,247
Book Value Per Share	3.51	2.87	2.54	2.14	1.84
Tangible Book Value	39,389	32,216	28,497	24,026	20,677
Tangible Book Value Per Share	3.50	2.86	2.53	2.14	1.84
Land	70.29	-	-	-	-
Buildings	8,837	6,652	6,211	5,250	4,931
Machinery	33,231	29,252	25,092	21,970	18,117
Construction In Progress	2,900	3,466	1,699	1,738	1,194
Leasehold Improvements	253.04	237.42	214.02	213.17	153.04

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 15, 2026

Data Sources Report a data error