Dashboard
1
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 36.77%
- Healthy long term growth as Net Sales has grown by an annual rate of 12.54% and Operating profit at 15.57%
- Company has very low debt and has enough cash to service the debt requirements
2
Positive results in Dec 24
3
With ROE of 38.23%, it has a Very Expensive valuation with a 7.32 Price to Book Value
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
28.78%
0%
28.78%
6 Months
30.75%
0%
30.75%
1 Year
13.52%
0%
13.52%
2 Years
9.93%
0%
9.93%
3 Years
12.3%
0%
12.3%
4 Years
8.66%
0%
8.66%
5 Years
0%
0%
0.0%
Nongfu Spring Co., Ltd. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
12.54%
EBIT Growth (5y)
15.57%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.27
Sales to Capital Employed (avg)
1.33
Tax Ratio
23.21%
Dividend Payout Ratio
70.16%
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
100.98%
ROE (avg)
36.77%
Valuation key factors
Factor
Value
P/E Ratio
19
Industry P/E
Price to Book Value
7.32
EV to EBIT
16.23
EV to EBITDA
13.43
EV to Capital Employed
9.61
EV to Sales
5.21
PEG Ratio
NA
Dividend Yield
0.04%
ROCE (Latest)
59.21%
ROE (Latest)
38.23%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Annual Results Snapshot (Consolidated) - Dec'23
Dec'23
Dec'22
Change(%)
Net Sales
47,147.20
38,653.10
21.98%
Operating Profit (PBDIT) excl Other Income
18,334.00
13,869.10
32.19%
Interest
110.20
88.40
24.66%
Exceptional Items
0.00
1.90
-100.00%
Consolidate Net Profit
13,347.80
9,878.90
35.11%
Operating Profit Margin (Excl OI)
327.20%
284.00%
4.32%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2023 is 21.98% vs 8.00% in Dec 2022
Consolidated Net Profit
YoY Growth in year ended Dec 2023 is 35.11% vs 14.45% in Dec 2022
About Nongfu Spring Co., Ltd. 
Nongfu Spring Co., Ltd.
Beverages
No Details Available.
Company Coordinates 
No Company Details Available






