Nongfu Spring Past Earnings Performance

Past criteria checks 2/6

Nongfu Spring has been growing earnings at an average annual rate of 21.2%, while the Beverage industry saw earnings growing at 14.4% annually. Revenues have been growing at an average rate of 15.2% per year. Nongfu Spring's return on equity is 37.5%, and it has net margins of 28.3%.

Key information

21.2%

Earnings growth rate

20.5%

EPS growth rate

Beverage Industry Growth	11.1%
Revenue growth rate	15.2%
Return on equity	37.5%
Net Margin	28.3%
Last Earnings Update	31 Dec 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Nongfu Spring makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SET:NONGFU80 Revenue, expenses and earnings (CNY Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 24	42,896	12,123	11,136
30 Sep 24	43,637	12,333	11,407
30 Jun 24	44,378	12,542	11,677
31 Mar 24	43,523	12,310	11,562
31 Dec 23	42,667	12,078	11,446
30 Sep 23	39,885	10,869	11,134
30 Jun 23	37,103	9,661	10,822
31 Mar 23	35,171	9,077	10,239
31 Dec 22	33,239	8,493	9,656
30 Sep 22	32,180	8,125	9,455
30 Jun 22	31,120	7,757	9,255
31 Mar 22	30,408	7,459	9,119
31 Dec 21	29,696	7,162	8,984
30 Sep 21	28,102	6,794	8,322
30 Jun 21	26,507	6,426	7,659
31 Mar 21	24,692	5,852	7,247
31 Dec 20	22,877	5,277	6,835
30 Sep 20	23,067	5,107	6,990
30 Jun 20	23,256	4,936	7,146
31 Mar 20	23,639	4,942	7,172
31 Dec 19	24,021	4,949	7,199
31 Dec 18	20,475	3,606	6,283
31 Dec 17	17,491	3,380	5,749

Quality Earnings: NONGFU80 has a high level of non-cash earnings.

Growing Profit Margin: NONGFU80's current net profit margins (28.3%) are lower than last year (28.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: NONGFU80's earnings have grown significantly by 21.2% per year over the past 5 years.

Accelerating Growth: NONGFU80's earnings growth over the past year (0.4%) is below its 5-year average (21.2% per year).

Earnings vs Industry: NONGFU80 earnings growth over the past year (0.4%) did not outperform the Beverage industry 5%.

Return on Equity

High ROE: NONGFU80's Return on Equity (37.5%) is considered high.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/06 00:22
End of Day Share Price	2025/05/02 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nongfu Spring Co., Ltd. is covered by 31 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Hong Xing Pan	ABCI Securities Company Limited
Ruofan Chen	BofA Global Research
Yunqiao Du	CCB International Securities Limited