To the full analysis
Nongfu Spring stock: growth
9633.HKNongfu Spring reported $7.88B in revenue for fiscal 2025, up 22.5% on the prior year, up 18.1% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
14.7%
per year from 2017 to 2025, per share 14.2%
Earnings (Annual rate)
21.3%
per year from 2017 to 2025, per share 21.3%
Free cash flow (Annual rate)
25.2%
per year from 2017 to 2025, per share 24.6%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2017 | |
|---|---|---|
| Revenue | 18.1% | 14.7% |
| Revenue per share | 17.4% | 14.2% |
| Earnings | 24.6% | 21.3% |
| Earnings per share | 24.0% | 21.3% |
| Free cash flow | 18.0% | 25.2% |
| Free cash flow per share | 17.3% | 24.6% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2017 | $2.62B | $506.94M | $348.7M |
| 2018 | $3.07B | $540.78M | $176.68M |
| 2019 | $3.6B | $742.11M | $623.67M |
| 2020 | $3.43B | $791.42M | $922.27M |
| 2021 | $4.45B | $1.07B | $1.34B |
| 2022 | $4.98B | $1.27B | $1.15B |
| 2023 | $6.4B | $1.81B | $1.87B |
| 2024 | $6.43B | $1.82B | $692.26M |
| 2025 | $7.88B | $2.38B | $2.11B |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = HK$7.8782, $1 = CN¥6.6683)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 30 Sep 2021)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.
