Nongfu Spring Ratios and Metrics

Market cap in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 25, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	526,110	381,818	507,778	495,969	578,631	617,431
Market Cap Growth	24.91%	-24.81%	2.38%	-14.29%	-6.28%	-
Enterprise Value	510,124	365,612	485,472	477,465	565,194	613,732
Last Close Price	46.78	33.23	43.40	41.60	47.92	50.88
PE Ratio	35.55	29.60	38.16	51.65	65.82	98.51
Forward PE	28.85	26.08	39.74	48.46	61.55	84.68
PS Ratio	10.36	8.36	10.80	13.20	15.87	22.73
PB Ratio	15.30	11.11	16.13	18.22	22.73	33.56
P/TBV Ratio	15.38	11.14	16.17	18.26	22.80	33.69
P/FCF Ratio	52.94	77.73	36.61	55.90	52.74	83.95
P/OCF Ratio	30.21	32.55	26.64	36.43	41.35	61.68
PEG Ratio	1.74	2.83	2.41	3.91	3.54	5.03
EV/Sales Ratio	10.04	8.01	10.33	12.71	15.51	22.59
EV/EBITDA Ratio	24.33	20.81	26.73	35.79	42.01	60.47
EV/EBIT Ratio	29.08	24.93	31.57	44.74	53.10	77.44
EV/FCF Ratio	51.33	74.43	35.00	53.82	51.52	83.45
Debt / Equity Ratio	0.14	0.12	0.11	0.11	0.13	0.16
Debt / EBITDA Ratio	0.24	0.23	0.19	0.21	0.23	0.29
Debt / FCF Ratio	0.50	0.81	0.26	0.32	0.29	0.40
Net Debt / Equity Ratio	-0.46	-0.27	-0.74	-0.53	-0.60	-0.43
Net Debt / EBITDA Ratio	-0.77	-0.52	-1.27	-1.08	-1.14	-0.79
Net Debt / FCF Ratio	-1.61	-1.87	-1.67	-1.63	-1.40	-1.09
Asset Turnover	0.77	0.84	0.97	0.92	1.01	1.05
Inventory Turnover	4.50	4.44	6.64	7.22	6.66	5.25
Quick Ratio	0.62	0.69	1.25	1.09	1.36	1.03
Current Ratio	0.83	0.95	1.43	1.26	1.54	1.24
Return on Equity (ROE)	46.76%	39.84%	45.88%	37.90%	39.53%	41.60%
Return on Assets (ROA)	16.61%	16.84%	19.74%	16.35%	18.45%	19.11%
Return on Invested Capital (ROIC)	72.88%	67.80%	113.96%	74.23%	78.12%	54.46%
Return on Capital Employed (ROCE)	49.60%	41.50%	47.70%	38.30%	40.70%	41.60%
Earnings Yield	2.81%	3.38%	2.62%	1.94%	1.52%	1.01%
FCF Yield	1.89%	1.29%	2.73%	1.79%	1.90%	1.19%
Dividend Yield	1.73%	2.43%	1.90%	1.85%	1.15%	0.40%
Payout Ratio	62.45%	69.58%	63.30%	59.55%	26.70%	151.21%
Buyback Yield / Dilution	-0.01%	-0.01%	-0.01%	0.01%	-2.83%	-1.27%
Total Shareholder Return	1.73%	2.42%	1.90%	1.86%	-1.68%	-0.87%

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