Nongfu Spring Co. Ltd
Nongfu Spring Co., Ltd. produces and sells packaged drinking water and beverage products primarily in Mainland China. It operates through five segments: Water Products, Ready-To-Drink Tea Products, Functional Drinks Products, Juice Beverage Products, and Other Products. The company also offers ready-to-drink tea beverages; functional drink products; fruit juice products; and other products, inclu… Read more
Nongfu Spring Co. Ltd (NNFSF) - Net Assets
Latest net assets as of June 2025: $31.37 Billion USD
Based on the latest financial reports, Nongfu Spring Co. Ltd (NNFSF) has net assets worth $31.37 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($64.39 Billion) and total liabilities ($33.02 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $31.37 Billion |
| % of Total Assets | 48.72% |
| Annual Growth Rate | 16.38% |
| 5-Year Change | 108.41% |
| 10-Year Change | N/A |
| Growth Volatility | 24.9 |
Nongfu Spring Co. Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Nongfu Spring Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nongfu Spring Co. Ltd (2017–2024)
The table below shows the annual net assets of Nongfu Spring Co. Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $32.29 Billion | +13.01% |
| 2023-12-31 | $28.57 Billion | +18.63% |
| 2022-12-31 | $24.08 Billion | +16.11% |
| 2021-12-31 | $20.74 Billion | +33.88% |
| 2020-12-31 | $15.49 Billion | +56.77% |
| 2019-12-31 | $9.88 Billion | -31.45% |
| 2018-12-31 | $14.42 Billion | +29.11% |
| 2017-12-31 | $11.17 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nongfu Spring Co. Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 111.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $22.74 Billion | 70.42% |
| Common Stock | $1.12 Billion | 3.48% |
| Other Comprehensive Income | $8.43 Billion | 26.10% |
| Other Components | $1.00 | 0.00% |
| Total Equity | $32.29 Billion | 100.00% |
Nongfu Spring Co. Ltd Competitors by Market Cap
The table below lists competitors of Nongfu Spring Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Airports of Thailand Public Company Limited
PINK:AIPUF
|
$8.18 Billion |
|
Continental AG O.N.
LSE:0LQ1
|
$8.21 Billion |
|
Foshan Haitian Flavouring and Food Co Ltd
SHG:603288
|
$8.22 Billion |
|
iA Financial Corporation Inc
PINK:IAFNF
|
$8.23 Billion |
|
CAE Inc.
NYSE:CAE
|
$8.17 Billion |
|
Smiths Group plc
PINK:SMGKF
|
$8.16 Billion |
|
South32 Limited
PINK:SHTLF
|
$8.15 Billion |
|
Watts Water Technologies Inc
NYSE:WTS
|
$8.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nongfu Spring Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 28,570,905,000 to 32,287,164,000, a change of 3,716,259,000 (13.0%).
- Net income of 12,123,304,000 contributed positively to equity growth.
- Dividend payments of 8,434,850,000 reduced retained earnings.
- Other comprehensive income increased equity by 27,804,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $12.12 Billion | +37.55% |
| Dividends Paid | $8.43 Billion | -26.12% |
| Other Comprehensive Income | $27.80 Million | +0.09% |
| Other Changes | $1.00 | +0.0% |
| Total Change | $- | 13.01% |
Book Value vs Market Value Analysis
This analysis compares Nongfu Spring Co. Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.59x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.59x to 1.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.99 | $4.57 | x |
| 2018-12-31 | $1.28 | $4.57 | x |
| 2019-12-31 | $0.91 | $4.57 | x |
| 2020-12-31 | $1.42 | $4.57 | x |
| 2021-12-31 | $1.84 | $4.57 | x |
| 2022-12-31 | $2.14 | $4.57 | x |
| 2023-12-31 | $2.54 | $4.57 | x |
| 2024-12-31 | $2.87 | $4.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nongfu Spring Co. Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 37.55%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.26%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.65x
- Recent ROE (37.55%) is above the historical average (36.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 30.38% | 19.33% | 1.05x | 1.49x | $2.27 Billion |
| 2018 | 25.09% | 17.61% | 0.98x | 1.46x | $2.17 Billion |
| 2019 | 50.08% | 20.60% | 1.35x | 1.80x | $3.96 Billion |
| 2020 | 34.06% | 23.07% | 0.88x | 1.67x | $3.73 Billion |
| 2021 | 34.53% | 24.12% | 0.90x | 1.59x | $5.09 Billion |
| 2022 | 35.27% | 25.56% | 0.85x | 1.63x | $6.09 Billion |
| 2023 | 42.28% | 28.31% | 0.87x | 1.72x | $9.22 Billion |
| 2024 | 37.55% | 28.26% | 0.81x | 1.65x | $8.89 Billion |
Industry Comparison
This section compares Nongfu Spring Co. Ltd's net assets metrics with peer companies in the Beverages - Non-Alcoholic industry.
Industry Context
- Industry: Beverages - Non-Alcoholic
- Average net assets among peers: $91,942,689,968
- Average return on equity (ROE) among peers: -129.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nongfu Spring Co. Ltd (NNFSF) | $31.37 Billion | 30.38% | 1.05x | $8.18 Billion |
| Embotelladora Andina S.A (AKO-B) | $919.00 Billion | 8.21% | 1.47x | $4.29 Billion |
| Alkame Holdings Inc (ALKM) | $-39.16K | 0.00% | 0.00x | $549.92K |
| Apple Rush Company (APRU) | $52.46K | -1399.10% | 30.30x | $11.05 |
| Signet International Holdings Inc (AQPW) | $129.01K | -179.65% | 2.11x | $740.86K |
| A1 Group Inc (AWON) | $-124.65K | 0.00% | 0.00x | $25.26 |
| A.G. BARR p.l.c (BAGFF) | $292.70 Million | 13.15% | 0.37x | $578.72 Million |
| Blue Gem Enterprise (BGEM) | $10.00K | -60.00% | 0.00x | $0.96 |
| Barfresh Food Group Inc (BRFH) | $1.07 Million | -353.23% | 2.45x | $18.15 Million |
| Britvic plc (BTVCF) | $134.97 Million | 107.94% | 12.26x | $3.84 Billion |
| Buda Juice, Inc. (BUDA) | $401.00K | 564.09% | 6.39x | $21.46 Million |