ENTITY
Nongfu Spring

Nongfu Spring (9633 HK)

228
Analysis
Consumer StaplesChina
Nongfu Spring Co. Ltd. supplies soft drinks. The Company develops, produces, and sells bottled mineral water, fruit juice, sports drinks, and tea drinks. Nongfu Spring also offers barreled mineral water door-to-door services.
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bullishNongfu Spring
25 May 2020 23:04

Nongfu Spring: Double-Digit Growth Rates and Margin Upside Likely With Cash Generation - So Why IPO?

In our earlier report, we covered Nongfu Spring (NON HK)’s background, its business model, and the growth prospects and risks it faces in the...

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bullishNongfu Spring
19 May 2020 14:25

Nongfu Spring Pre-IPO - Peer Comparison - Superior Margins and Growth

Nongfu Spring (NON HK) is looking to raise up to US$1bn in its Hong Kong listing. The company is the market leader in packaged drinking water in...

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bullishNongfu Spring
15 May 2020 15:17

Nongfu Spring Pre-IPO: Take a Sip

Following China’s recovery from the coronavirus outbreak, the country’s leading bottled water manufacturer is now expecting to go public with a USD...

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bearishNongfu Spring
07 May 2020 10:21

Nongfu Spring Pre-IPO - The Negatives - Doesn't Need to List or Expand Production Facilities

Nongfu Spring (NON HK) is looking to raise up to US$1bn in its Hong Kong listing. The company is the market leader in packaged drinking water in...

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bullishNongfu Spring
05 May 2020 09:17

Nongfu Spring Pre-IPO - The Positives - Leaves One Thirsty for More

Nongfu Spring (NON HK) is looking to raise up to US$1bn in its Hong Kong listing. The company is the market leader in packaged drinking water in...

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