Stock Analysis
Nongfu Spring First Half 2024 Earnings: EPS: CN¥0.56 (vs CN¥0.51 in 1H 2023)
Nongfu Spring (HKG:9633) First Half 2024 Results
Key Financial Results
- Revenue: CN¥22.2b (up 8.4% from 1H 2023).
- Net income: CN¥6.24b (up 8.0% from 1H 2023).
- Profit margin: 28% (in line with 1H 2023).
- EPS: CN¥0.56 (up from CN¥0.51 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Nongfu Spring Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Beverage industry in Hong Kong.
Performance of the Hong Kong Beverage industry.
The company's shares are up 4.8% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for Nongfu Spring that you need to be mindful of.
Valuation is complex, but we're here to simplify it.
Discover if Nongfu Spring might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About SEHK:9633
Nongfu Spring
Researches, develops, produces, and markets packaged drinking water and beverage products primarily in Mainland China.