Unpleasant Surprises Could Be In Store For Nongfu Spring Co., Ltd.'s (HKG:9633) Shares

Simply Wall St18:22 ET

[Brokerage Focus] China Merchants reiterates a "Strong Buy" rating on NONGFU SPRING (09633), stating that the company is expected to achieve both valuation and performance growth by 2025.

Jinwu Financial News | China Merchants has published a Research Report stating that NONGFU SPRING (09633) has launched green bottle water, positioning it as a strategic product to seize market share, which is a must-have. For small package water in ready-to-drink scenarios, sales rely more on channel push; green bottle water offers substantial benefits to channels, leading to positive willingness from Dealers and end retailers to stock up after its launch, and the company's market share began to recover in the second half of the year. Considering that it is challenging for Other brands to imitate, the market share of NONGFU packaging water is expected to exceed expectations. The company aims not only to restore market share to pre-public opinion event levels but also to further lead the market. The bank indicated that referring to experiences from the USA and Japan, the average consumption of packaged beverages in our country is expected to increase.

Jinwu Financial NewsDec 27, 2024 02:28 ET

Nongfu Spring (HKG:9633) Seems To Use Debt Rather Sparingly

Simply Wall StDec 13, 2024 17:17 ET

The CSI Consumer 360 index sector is under pressure as MENGNIU DAIRY (02319) falls by 4.59%. Institutions indicate that there is a lag in policy transmission, and the sustainability of consumer recovery remains to be observed.

Jinwu Financial News | The CSI Consumer 360 index Sector is generally under pressure, as of the time of writing, MENGNIU DAIRY (02319) has fallen by 4.59%, CHINA RES BEER (00291) has dropped by 4.13%, NONGFU SPRING (09633) has decreased by 3.31%, and HAIDILAO (06862) has declined by 3.41%. On the news front, Guoyuan International released a Research Report indicating that the consumption market will be weak in 2024, putting pressure on the Sector's fundamentals. After a brief rebound following the government's comprehensive policy rollout at the end of September, the market has retreated. Year-to-date, the Hang Seng Select Consumer Sector has fallen by 13.39%, underperforming the Large Cap; the Hong Kong Stock Shenwan Food & Beverage Index has seen a cumulative decline of 3.7.

Jinwu Financial News.Dec 12, 2024 21:16 ET

Hong Kong stocks fluctuate | nongfu spring (09633) now up more than 7%, the competition in packaged water is expected to gradually ease, institutions are bullish on further increasing industry concentration.

Nongfu Spring (09633) is currently up over 7%, as of the time of writing, up 6.65%, trading at 35.3 Hong Kong dollars, with a transaction value of 0.304 billion Hong Kong dollars.

Zhitong FinanceDec 1, 2024 20:45 ET

This Nongfu Spring Insider Increased Their Holding In The Last Year

Simply Wall StNov 25, 2024 17:48 ET