Nongfu Spring
$39.54Change from previous close: −0.75%Absolute change: −$0.30
At a glance
- Revenue growth
- +22.51%
- 2025 vs 2024
- Net income growth
- +30.89%
- 2025 vs 2024
- Net margin
- 30.2%
- 2024: 28.3%
Financial data
Amounts in millions of CNY; per-share values in CNY; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 21,142 | 11,022 | 17,305 | 12,042 | 11,400 | 8,429 | 7,472 | 4,630 | 4,697 |
| Depreciation and amortization | 3,376 | 2,865 | 2,622 | 2,479 | 2,371 | 1,914 | 1,723 | 1,380 | 1,143 |
| Capital expenditure | -6,481 | -6,406 | -4,714 | -4,193 | -2,462 | -2,236 | -3,231 | -3,337 | -2,273 |
| Investing cash flow | -11,494 | -4,502 | -14,284 | -9,426 | -5,316 | -4,657 | 643 | -3,674 | -4,646 |
| Financing cash flow | -8,058 | -8,062 | -7,022 | -5,370 | -1,893 | 1,716 | -8,697 | -457 | -444 |
| Dividends paid | -8,547 | -8,435 | -7,646 | -5,059 | -1,912 | -7,980 | -9,598 | -367 | -367 |
| Share repurchases | -222 | 0.0 | 0.0 | -225 | — | — | — | — | — |
| Debt issued | 17,606 | 16,244 | 14,167 | 6,488 | 3,030 | 4,264 | 1,000 | — | 50.0 |
| Debt repaid | -16,972 | -15,874 | -13,553 | -6,645 | -3,012 | -2,882 | -49.8 | -94.5 | -127 |
| Effect of exchange rates | -148 | 81.9 | 55.5 | 388 | -59.1 | -215 | 1.4 | 1.9 | -0.7 |
| Net change in cash | 1,441 | -1,459 | -3,945 | -2,367 | 4,132 | 5,273 | -581 | 501 | -394 |
| Free cash flow | 14,660 | 4,616 | 12,591 | 7,848 | 8,938 | — | — | — | — |
| Levered free cash flow | 12,162 | 2,153 | 10,007 | 6,984 | 7,183 | 4,977 | 6,322 | -650 | — |