Is a complete HKG/9633 research report available?

No complete published report is available for hkg/9633 (HKG/9633) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

HKG/9633 (HKG/9633)

Hong Kong Stock Exchange: HKG/9633 · HKD

HK$40.5

-0.36 (-0.9%)· Recorded snapshot

Market cap	455.7B
Revenue (ttm)	65.4B
Net income (ttm)	19.8B
EPS (ttm)	HK$1.76
Shares out	11.2B
P/E (trailing)	23.0x
P/E (forward)	20.3x
Dividend	HK$1.16 (2.85%)
Volume	5,291,128
Beta	0.24

Market data

Price

Recent price action with selectable time range.

Metric	Value
Amount currency	HKD
Country	China
Country code	HK
Earnings date	2026-11-25
Employees	30,000
Employees change	2,000
Employees growth	7.14%
Enterprise value	HKD 424.6B
Exchange	Hong Kong Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1996
Industry	Beverages - Non-Alcoholic
Is primary listing	Yes
ISIN number	CNE100004272
Last earnings date	2026-08-25
Last refreshed	2026-10-28
Market cap	HKD 455.7B
Next earnings date	2026-11-25
Price	HKD 40.52
Price currency	HKD
Sector	Consumer Staples
SIC code	2086
Stock price date	2026-10-28
Symbol	hkg/9633
Website	https://www.nongfuspring.com

Metric

Value

Amount currency

HKD

Country

China

Country code

Earnings date

2026-11-25

Employees

30,000

Employees change

2,000

Employees growth

7.14%

Enterprise value

HKD 424.6B

Exchange

Hong Kong Stock Exchange

Financial currency

CNY

Financial report date

2026-06-30

First seen

2026-05-10

Fiscal year end

December

Founded

1996

Industry

Beverages - Non-Alcoholic

Is primary listing

Yes

ISIN number

CNE100004272

Last earnings date

2026-08-25

Last refreshed

2026-10-28

Market cap

HKD 455.7B

Next earnings date

2026-11-25

Price

HKD 40.52

Price currency

HKD

Sector

Consumer Staples

SIC code

2086

Stock price date

2026-10-28

Symbol

hkg/9633

Website

https://www.nongfuspring.com

Metric	Value
Adjusted P/E ratio	22.6x
Average P/E ratio (3Y)	31.85x
Average P/E ratio (5Y)	40.67x
Earnings yield	4.34%
EV/Earnings	21.48x
EV/EBIT	17.26x
EV/EBITDA	14.77x
EV/FCF	25.47x
EV/Sales	6.49x
FCF / EV yield	3.93%
FCF yield	3.66%
Forward P/E	20.29x
Graham number	12.28715
Graham upside	-69.68%
Industry forward P/E	17.23x
Industry P/E	19.49x
Lynch fair value	HKD 38.10
Lynch upside	-5.98%
P/(FCF - SBC) ratio	27.5x
P/(OCF - SBC) ratio	18.48x
P/B ratio	10.62x
P/E ratio	23.04x
P/FCF ratio	27.34x
P/OCF ratio	18.4x
P/S ratio	6.97x
PEG ratio	1.88x
Price / tangible book value	10.64x
Price/EBITDA ratio	15.96x
Sector forward P/E	12.55x
Sector P/E	16.77x

Metric

Value

Adjusted P/E ratio

22.6x

Average P/E ratio (3Y)

31.85x

Average P/E ratio (5Y)

40.67x

Earnings yield

4.34%

EV/Earnings

21.48x

EV/EBIT

17.26x

EV/EBITDA

14.77x

EV/FCF

25.47x

EV/Sales

6.49x

FCF / EV yield

3.93%

FCF yield

3.66%

Forward P/E

20.29x

Graham number

12.28715

Graham upside

-69.68%

Industry forward P/E

17.23x

Industry P/E

19.49x

Lynch fair value

HKD 38.10

Lynch upside

-5.98%

P/(FCF - SBC) ratio

27.5x

P/(OCF - SBC) ratio

18.48x

P/B ratio

10.62x

P/E ratio

23.04x

P/FCF ratio

27.34x

P/OCF ratio

18.4x

P/S ratio

6.97x

PEG ratio

1.88x

Price / tangible book value

10.64x

Price/EBITDA ratio

15.96x

Sector forward P/E

12.55x

Sector P/E

16.77x

Metric	Value
EBIT margin	37.61%
EBITDA margin	43.66%
Effective tax rate	24.26%
FCF margin	25.01%
Gross margin	60.81%
Operating margin	37.61%
Pretax margin	39.93%
Profit margin	30.24%
Profit per employee	HKD 659,083
Profitable quarters	20
Profitable years	9
Revenue per employee	HKD 2.2M
ROA	18.89%
ROA (5Y)	18.41%
ROCE	56.01%
ROE	50%
ROE (5Y)	41.48%
ROIC	157.47%
ROIC (5Y)	78.98%
SBC / revenue	0.16%
Tax / revenue	9.69%

Metric

Value

EBIT margin

37.61%

EBITDA margin

43.66%

Effective tax rate

24.26%

FCF margin

25.01%

Gross margin

60.81%

Operating margin

37.61%

Pretax margin

39.93%

Profit margin

30.24%

Profit per employee

HKD 659,083

Profitable quarters

Profitable years

Revenue per employee

HKD 2.2M

ROA

18.89%

ROA (5Y)

18.41%

ROCE

56.01%

ROE

50%

ROE (5Y)

41.48%

ROIC

157.47%

ROIC (5Y)

78.98%

SBC / revenue

0.16%

Tax / revenue

9.69%

Metric	Value
EPS growth	26.86%
EPS growth (Q)	16.66%
EPS growth (QoQ)	7.91%
EPS growth 3Y	21.03%
EPS growth 5Y	21.48%
EPS growth quarters	3
EPS growth years	8
FCF growth	59.22%
FCF growth (Q)	-3.05%
FCF growth (QoQ)	-6.23%
FCF growth 3Y	13.04%
FCF growth 5Y	11.36%
Gross profit growth	26.01%
Gross profit growth (Q)	17.09%
Gross profit growth 3Y	16.9%
Gross profit growth 5Y	16.81%
Net income growth	26.86%
Net income growth (Q)	16.59%
Net income growth (QoQ)	7.85%
Net income growth 3Y	21.03%
Net income growth 5Y	21.66%
Net income growth quarters	3
Net income growth years	8
OCF growth	34.97%
OCF growth (Q)	2.94%
OCF growth (QoQ)	-0.22%
OCF growth 3Y	15.13%
OCF growth 5Y	15.33%
Operating income growth	33.09%
Operating income growth (Q)	18.68%
Operating income growth 3Y	25.63%
Operating income growth 5Y	21.1%
Revenue growth	22.23%
Revenue growth (Q)	15.99%
Revenue growth (QoQ)	10.35%
Revenue growth 3Y	15.15%
Revenue growth 5Y	16.4%
Revenue growth quarters	3
Revenue growth years	5

Metric

Value

EPS growth

26.86%

EPS growth (Q)

16.66%

EPS growth (QoQ)

7.91%

EPS growth 3Y

21.03%

EPS growth 5Y

21.48%

EPS growth quarters

EPS growth years

FCF growth

59.22%

FCF growth (Q)

-3.05%

FCF growth (QoQ)

-6.23%

FCF growth 3Y

13.04%

FCF growth 5Y

11.36%

Gross profit growth

26.01%

Gross profit growth (Q)

17.09%

Gross profit growth 3Y

16.9%

Gross profit growth 5Y

16.81%

Net income growth

26.86%

Net income growth (Q)

16.59%

Net income growth (QoQ)

7.85%

Net income growth 3Y

21.03%

Net income growth 5Y

21.66%

Net income growth quarters

Net income growth years

OCF growth

34.97%

OCF growth (Q)

2.94%

OCF growth (QoQ)

-0.22%

OCF growth 3Y

15.13%

OCF growth 5Y

15.33%

Operating income growth

33.09%

Operating income growth (Q)

18.68%

Operating income growth 3Y

25.63%

Operating income growth 5Y

21.1%

Revenue growth

22.23%

Revenue growth (Q)

15.99%

Revenue growth (QoQ)

10.35%

Revenue growth 3Y

15.15%

Revenue growth 5Y

16.4%

Revenue growth quarters

Revenue growth years

Metric	Value
Capital expenditures	HKD -8.1B
Depreciation and amortization	HKD 4B
EBIT	HKD 24.6B
EBITDA	HKD 28.6B
EPS	HKD 1.76
FCF per share	HKD 1.48
Financing cash flow	HKD -9.5B
Free cash flow	HKD 16.7B
Free cash flow minus SBC	HKD 16.6B
Gross profit	HKD 39.8B
Income taxes	HKD 6.3B
Investing cash flow	HKD -17.2B
Net borrowing	HKD 746.7M
Net cash flow	HKD -2.1B
Net income	HKD 19.8B
Operating cash flow minus SBC	HKD 24.7B
Operating income	HKD 24.6B
Revenue	HKD 65.4B
Stock-based compensation	HKD 102.7M

Metric

Value

Capital expenditures

HKD -8.1B

Depreciation and amortization

HKD 4B

EBIT

HKD 24.6B

EBITDA

HKD 28.6B

EPS

HKD 1.76

FCF per share

HKD 1.48

Financing cash flow

HKD -9.5B

Free cash flow

HKD 16.7B

Free cash flow minus SBC

HKD 16.6B

Gross profit

HKD 39.8B

Income taxes

HKD 6.3B

Investing cash flow

HKD -17.2B

Net borrowing

HKD 746.7M

Net cash flow

HKD -2.1B

Net income

HKD 19.8B

Operating cash flow minus SBC

HKD 24.7B

Operating income

HKD 24.6B

Revenue

HKD 65.4B

Stock-based compensation

HKD 102.7M

Metric	Value
Altman Z-Score	9.5
Book value per share	HKD 3.82
Debt / EBITDA	0.21
Debt / equity	0.14
Debt / FCF	0.37
Interest coverage	300.44
Long-term assets	HKD 40.4B
Long-term liabilities	HKD 151.4M
Net cash (debt)	HKD 31.1B
Net cash / market cap	6.82%
Net cash growth	84.51%
Net debt / EBITDA	-1.09
Net debt / equity	-0.72
Net debt / FCF	-1.86
Piotroski F-Score	7
Property, plant and equipment	HKD 33.6B
Shareholders' equity	HKD 42.9B
Tangible book value	HKD 42.8B
Tangible book value per share	HKD 3.81
Total assets	HKD 88.4B
Total cash	HKD 37.2B
Total debt	HKD 6.1B
Total liabilities	HKD 45.5B
WACC	5.51%

Metric

Value

Altman Z-Score

9.5

Book value per share

HKD 3.82

Debt / EBITDA

0.21

Debt / equity

0.14

Debt / FCF

0.37

Interest coverage

300.44

Long-term assets

HKD 40.4B

Long-term liabilities

HKD 151.4M

Net cash (debt)

HKD 31.1B

Net cash / market cap

6.82%

Net cash growth

84.51%

Net debt / EBITDA

-1.09

Net debt / equity

-0.72

Net debt / FCF

-1.86

Piotroski F-Score

Property, plant and equipment

HKD 33.6B

Shareholders' equity

HKD 42.9B

Tangible book value

HKD 42.8B

Tangible book value per share

HKD 3.81

Total assets

HKD 88.4B

Total cash

HKD 37.2B

Total debt

HKD 6.1B

Total liabilities

HKD 45.5B

WACC

5.51%

Metric	Value
Asset turnover	0.8
Current assets	HKD 48B
Current liabilities	HKD 45.3B
Current ratio	1.06
Inventory turnover	3.92
Net working capital	HKD -28.5B
Quick ratio	0.86
Working capital	HKD 2.6B
Working capital turnover	-38.57

Metric

Value

Asset turnover

0.8

Current assets

HKD 48B

Current liabilities

HKD 45.3B

Current ratio

1.06

Inventory turnover

3.92

Net working capital

HKD -28.5B

Quick ratio

0.86

Working capital

HKD 2.6B

Working capital turnover

-38.57

Metric	Value
Buyback yield / dilution	0.02%
Dividend growth	37.8%
Dividend growth (3Y)	13.64%
Dividend growth years	0
Dividend payment date	2026-08-19
Dividend payment years	6
Dividend payout frequency	Annual
Dividend per share	HKD 1.16
Dividend yield	2.85%
Ex-dividend date	2026-05-21
FCF payout ratio	76.23%
Last dividend	HKD 1.13
Payout ratio	49.89%
Shareholder yield	2.87%

Metric

Value

Buyback yield / dilution

0.02%

Dividend growth

37.8%

Dividend growth (3Y)

13.64%

Dividend growth years

Dividend payment date

2026-08-19

Dividend payment years

Dividend payout frequency

Annual

Dividend per share

HKD 1.16

Dividend yield

2.85%

Ex-dividend date

2026-05-21

FCF payout ratio

76.23%

Last dividend

HKD 1.13

Payout ratio

49.89%

Shareholder yield

2.87%

Metric	Value
150-day SMA	HKD 42.85
1D price change	-0.88%
1M price change	5.52%
1M total return	5.52%
1W price change	-3.25%
1W total return	-3.25%
1Y price change	-24.68%
1Y return CAGR	-22.68%
1Y total return	-22.67%
20-day SMA	HKD 40.72
200-day SMA	HKD 43.99
3M price change	0.45%
3M total return	0.45%
3Y price change	-9.25%
3Y return CAGR	-1.03%
3Y total return	-3.05%
50-day SMA	HKD 40.87
50-day SMA vs 200-day SMA	50under200
52-week high	HKD 56.25
52-week high date	2025-11-12
52-week low	HKD 37.90
52-week low date	2026-09-25
5Y price change	2.19%
5Y return CAGR	2.41%
5Y total return	12.66%
6M price change	-13.64%
6M total return	-11.33%
All-time high	HKD 68.75
All-time high date	2021-01-08
All-time low	HKD 23.55
All-time low date	2024-09-16
Average true range (ATR)	HKD 1.11
Average volume	5.2M
Beta (1Y)	0.47
Beta (2Y)	0.63
Beta (5Y)	0.24
Change from 52-week high	-27.96%
Change from 52-week low	6.91%
Change from all-time high	-41.06%
Change from all-time low	72.06%
Change from open	-0.88%
Day's gap	0%
Dollar volume	HKD 214.4M
High price	HKD 41.00
Low price	HKD 40.08
Monthly RSI	46.49
Open price	HKD 40.88
Position in 52-week range	47.83%
Previous close	HKD 40.88
Price vs 150-day SMA	-5.43%
Price vs 20-day SMA	-0.48%
Price vs 200-day SMA	-7.89%
Price vs 50-day SMA	-0.85%
Relative volume	1.03
RSI	48.23
Sharpe ratio	-0.71
Sharpe ratio (3Y)	0.07
Sharpe ratio (5Y)	0.13
Sortino ratio	-0.86
Sortino ratio (3Y)	0.26
Sortino ratio (5Y)	0.36
Volume	5.3M
Weekly RSI	44.81
YTD price change	-13.49%
YTD total return	-11.18%

Metric

Value

150-day SMA

HKD 42.85

1D price change

-0.88%

1M price change

5.52%

1M total return

5.52%

1W price change

-3.25%

1W total return

-3.25%

1Y price change

-24.68%

1Y return CAGR

-22.68%

1Y total return

-22.67%

20-day SMA

HKD 40.72

200-day SMA

HKD 43.99

3M price change

0.45%

3M total return

0.45%

3Y price change

-9.25%

3Y return CAGR

-1.03%

3Y total return

-3.05%

50-day SMA

HKD 40.87

50-day SMA vs 200-day SMA

50under200

52-week high

HKD 56.25

52-week high date

2025-11-12

52-week low

HKD 37.90

52-week low date

2026-09-25

5Y price change

2.19%

5Y return CAGR

2.41%

5Y total return

12.66%

6M price change

-13.64%

6M total return

-11.33%

All-time high

HKD 68.75

All-time high date

2021-01-08

All-time low

HKD 23.55

All-time low date

2024-09-16

Average true range (ATR)

HKD 1.11

Average volume

5.2M

Beta (1Y)

0.47

Beta (2Y)

0.63

Beta (5Y)

0.24

Change from 52-week high

-27.96%

Change from 52-week low

6.91%

Change from all-time high

-41.06%

Change from all-time low

72.06%

Change from open

-0.88%

Day's gap

Dollar volume

HKD 214.4M

High price

HKD 41.00

Low price

HKD 40.08

Monthly RSI

46.49

Open price

HKD 40.88

Position in 52-week range

47.83%

Previous close

HKD 40.88

Price vs 150-day SMA

-5.43%

Price vs 20-day SMA

-0.48%

Price vs 200-day SMA

-7.89%

Price vs 50-day SMA

-0.85%

Relative volume

1.03

RSI

48.23

Sharpe ratio

-0.71

Sharpe ratio (3Y)

0.07

Sharpe ratio (5Y)

0.13

Sortino ratio

-0.86

Sortino ratio (3Y)

0.26

Sortino ratio (5Y)

0.36

Volume

5.3M

Weekly RSI

44.81

YTD price change

-13.49%

YTD total return

-11.18%

Metric	Value
Float	1.8B
Shares change (QoQ)	-0.1%
Shares change (YoY)	-0.02%
Shares held by insiders	84.07%
Shares held by institutions	3.25%
Shares outstanding	11.2B

Metric

Value

Float

1.8B

Shares change (QoQ)

-0.1%

Shares change (YoY)

-0.02%

Shares held by insiders

84.07%

Shares held by institutions

3.25%

Shares outstanding

11.2B

HKG/9633 (HKG/9633)

Price

Financial snapshot

Fair-value bridge

Latest news · HKG/9633

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All HKG/9633 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on HKG/9633

Frequently asked questions