Nongfu Spring (HKG:9633) Is Investing Its Capital With Increasing Efficiency
[Brokerage Focus] Haitong Securities maintains a 'better than market' rating on Nongfu Spring (09633) and is bullish on the company's continued good profitability.
Jingu Financial News | Haitong Securities' research report states that Nongfu Spring (09633) sales net profit margin increased from 19.31% in 2017 to 28.15% in 2023, with continued improvement in profitability. According to Wind, the average price of 24H1PET has decreased by 2.8% compared to the same period in 2023, while the average price of 24H1 corrugated paper has decreased by 6.5% compared to the same period in 2023. In addition, the company now has 12 major water source bases, and the Huangshan base officially started construction in 2023 (compared to the prospectus, the company only had 10 water sources when it went public), and the continuous expansion of water source bases layout will also...
Jefferies Expects 6.8% Rise in Nongfu Spring's H1 Net Profit
Brokers Rush to Cut Stock Targets on Nongfu Spring Given Selloff
Forbes has released the "2024 China's Best CEO" list, and Miniso's Ye Guofu has been listed for the first time.
On the afternoon of July 22, Forbes China announced the list of "Best CEO in China 2024," with the founder and board chairman and CEO of Miniso, Ye Guofu, ranking on the list alongside outstanding entrepreneurs such as Lei Jun, founder of Xiaomi, Wang Chuanfu, founder of BYD, and Zhong Shanshan, founder of Nongfu Spring. According to the list, multinational operation capability has become an important indicator for measuring the performance of Chinese CEOs. With his unique innovative management concepts and precise insight into market trends, Ye Guofu has led Miniso to achieve remarkable results on the global stage.
Hong Kong stocks anomalous movement | Tingyi (00322) surged by more than 3%, leading the beverage stocks. Institutions said that the demand for csi sws food & beverage index is limited to fluctuations and high dividends continue to benefit the stock price
Beverage stocks are rising collectively. As of press time, Tingyi (00322) rose 3.28% to HKD 9.76; U-Presid China (00220) rose 1.71% to HKD 6.56; Nongfu Spring (09633) rose 1.63% to HKD 34.3.
