- Nongfu Spring’s net income was 12.08 billion yuan, beating the estimate of 10.73 billion yuan.
- The company’s revenue was 42.67 billion yuan, surpassing the estimated 40.86 billion yuan.
- Revenue from ready-to-drink tea products reached 12.66 billion yuan, higher than the 11.72 billion yuan estimate.
- Functional drinks contributed 4.90 billion yuan to the revenue, exceeding the 4.5 billion yuan estimate.
- Juice beverage products generated a revenue of 3.53 billion yuan, slightly above the 3.46 billion yuan estimate.
- The company’s debt gearing is at 11.2%.
- A final dividend per share of 75 RMB cents has been declared.
- The company’s performance has led to 23 buys, 8 holds, and 0 sells.
A look at Nongfu Spring Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Nongfu Spring Co. Ltd. is a company that supplies a variety of soft drinks, including bottled mineral water, fruit juice, sports drinks, and tea drinks. With a Smart Karma Smart Score of 2 for value, 4 for dividend, 4 for growth, 5 for resilience, and 4 for momentum, the company has a positive long-term outlook.
The company’s strong resilience and momentum scores indicate that it is well-equipped to weather any potential challenges and continue to grow in the future. Additionally, its high scores for dividend and growth suggest that it is not only a stable investment option, but also has potential for future expansion and profitability.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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