09633 NONGFU SPRING
- 25.000
- +0.050+0.20%
NONGFU SPRING News
San Yuan Biological (301206.SZ): Nongfu Spring is one of the company's important clients.
Sanyuan Biology (301206.SZ) stated on the investor interaction platform on September 9th that Nongfu Spring is one of the company's important customers, and the two parties have maintained a long-term stable cooperative relationship. Regarding the specific purchasing situation of major customers, the company will strictly comply with the relevant disclosure regulations for compliance disclosure.
Jefferies Keeps Their Hold Rating on Nongfu Spring Co., Ltd. Class H (9633)
Bullish on Nongfu Spring's Tea Segment Growth Despite Market Challenges: Maintaining Buy Rating
[Brokerage Focus] XinDa Securities maintains a "buy" rating for Nongfu Spring (09633), expecting the network public opinion to calm down and the packaging drinking water business growth on a month-on-month basis to improve.
Jingu Finance News | Everbright Securities released research reports stating that Nongfu Spring (09633) announced its mid-term performance for 2024, achieving revenue of 22.173 billion yuan, up 8.4% year-on-year, with a net income attributable to the parent company of 6.24 billion yuan, up 8.0% year-on-year. The bank stated that Nongfu Spring's tea beverage revenue in 2024 H1 increased by 59.5% year-on-year to 8.43 billion yuan. The bank believes that the main reasons are the trends of health and low sugar consumption, with unsweetened tea Eastern Leaves and Tea Pi continuing to show good growth; under the scale effect, the adjusted pre-tax profit margin of tea beverages increased by 1.0 percentage point year-on-year to 44.1%. 20
[Brokerage Focus] Bocom Intl cuts Nongfu Spring's (09633) target price by 42.5%, but expects overall business to achieve steady recovery.
Bocom Intl released a research report, stating that Nongfu Spring (09633) achieved a year-on-year sales growth of 8.44% in the first half of the year, with a gross margin decrease of 1.4 percentage points to 58.8%, and a net income growth of 8.0%, corresponding to a net income margin of 28.1%. The packaged drinking water business was significantly affected by public opinion, while the tea and juice business performed well. The bank pointed out that the impact of public opinion is gradually diminishing, and the sales of drinking water in the summer months (July and August) are in line with the company's expectations. Overall, the business is expected to achieve a steady recovery. The rapid growth of the tea and juice business reflects the company's brand building capability and new product promotion capability.
[Featured Big V] Guo Jiayao: The overall market sentiment has improved, and the index is expected to challenge the resistance at 18,000 points.
Golden Finance News | Individual developments in the US stock market on Thursday, with no surprise in the performance of technology stocks, which dragged down the S&P 500 Index and the Nasdaq. Funds flowed into traditional stocks, while the Dow Jones Industrial Average hit a new historical high, and the three major indexes closed with mixed gains and losses. The US dollar strengthened, and the yield on the 10-year US Treasury bonds rose to 3.86 basis points. Gold prices retreated from their highs, while oil prices fluctuated and improved. Individual developments were seen in Hong Kong listed pre-reform securities, with expectations of little change in the overall market in the morning. The mainland stock market fell yesterday, with the Shanghai Composite Index opening and closing lower, down 0.5%, and the trading volume in the Shanghai and Shenzhen stock markets increased significantly. Hong Kong stocks performed well, and the Renminbi strengthened, buoyed by the performance of technology stocks.
Earnings Release: Here's Why Analysts Cut Their Nongfu Spring Co., Ltd. (HKG:9633) Price Target To HK$38.21
Jefferies Adjusts Nongfu Spring's Price Target to HK$30 From HK$37.40, Keeps at Hold
On August 28th, the net inflow of southbound funds was nearly 2.7 billion Hong Kong dollars: significant increase in holdings of Nongfu Spring and Anta, large outflow of Tencent.
① The southbound capital had a daily turnover of approximately 25.9 billion Hong Kong dollars. Which stocks continued to receive inflows of funds? ② Tencent's capital outflow reached 0.6 billion Hong Kong dollars. What is the short-term trend of funds?
Northbound capital flows: Net buy of 2.668 billion in CSOP Hang Seng Tech Index ETF (03033), with an additional purchase of 0.7 billion HKD. China mainland banking stocks were sold off.
On August 28th, in the Hong Kong stock market, the net purchase of Northbound funds was 2.668 billion Hong Kong dollars, of which the net purchase of Hong Kong Stock Connect (Shanghai) was 1.979 billion Hong Kong dollars, and the net purchase of Hong Kong Stock Connect (Shenzhen) was 0.689 billion Hong Kong dollars.
The three major A-share indexes have mixed gains and losses, with active duty-free shop concept stocks and a significant decline in Hong Kong stocks, and Nongfu Spring's share price has fallen by more than 10%.
The three major A-share indexes rose and fell unevenly, with the sse composite index falling by 0.4%, the shenzhen component index rising by 0.26%, and the chinext price index rising by 0.05%. The duty free shop concept stocks were active. In terms of news, five departments improved the policy of in-city duty-free shops. The Hang Seng tech index fell by 1.59% in the Hong Kong stock market, Nongfu Spring fell by over 10%, dropping to a new low since its listing, with a temporary drop of 12% during the session. The treasury futures surged at the end of the session, with the 30-year block orders contract rising by 0.32%.
Nongfu Spring plummeted 12%! What happened?
Due to public opinion impact, the revenue of Nongfu Spring drinking water plummeted by nearly 20% in the first half of the year, and the growth rate of the group's revenue and net income hit a three-year low.
China's Nongfu Spring Sees Shares Fall Over 12% After Beverages Maker Posts Decline in Profit Growth
Zhitong Hong Kong Stock Early Access | Five departments improve the policy of tax-free shops in the city, and two leading photovoltaic companies adjust prices on the same day.
Recently, the Ministry of Finance, Ministry of Commerce, Ministry of Culture and Tourism, General Administration of Customs, and State Taxation Administration issued the "Notice on Improving the Policy of Duty-free Shops in Cities."
Nongfu Spring Reports Solid Mid-Year Growth
Nongfu Spring (09633.HK) announced its mid-year performance with a year-on-year increase in net profit of 8.0%. The revenue from tea beverage products increased by 59.5%.
Nongfu Spring (09633.HK) announced on August 27th that its total revenue for the mid-term of 2024 was RMB 2,217.3 million, a year-on-year increase of 8.4%; the net profit attributable to the owners of the parent company was approximately RMB 624 million, a year-on-year increase of 8.0%; basic earnings per share were RMB 0.55, a year-on-year increase of 8.0%. In January and February of 2024, the group's packaged drinking water products had good sales performance, with a 19.0% increase in sales revenue compared to the same period last year. However, since the end of February 2024, there have been a large number of online discussions about the company and its founders.
Nongfu Spring Didn't Declare 1H Interim Dividend >9633.HK
Nongfu Spring: Will Strengthen Brand Building in Future >9633.HK
Nongfu Spring: Brand Reputation, 1H Sales of Packaged Drinking Water Products Hurt by Online Public Opinion >9633.HK
Express News | Nongfu Spring - No Dividend Will Be Proposed in Respect of Current Interim Period.
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