Nongfu Spring (HKG:9633) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥42.9b (flat on FY 2023).
- Net income: CN¥12.1b (flat on FY 2023).
- Profit margin: 28% (in line with FY 2023).
- EPS: CN¥1.08 (up from CN¥1.07 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Nongfu Spring Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) also missed analyst estimates by 2.8%.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Beverage industry in Hong Kong.
Performance of the Hong Kong Beverage industry.
The company's share price is broadly unchanged from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. See our latest analysis on Nongfu Spring's balance sheet health.
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