Nongfu Spring Co., Ltd.

9633.HK

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

5,576

Cost of Revenue

2,337

Gross Profit

3,239

Gross Margin

58.1%

Operating Income

1,910

Operating Margin

34.3%

Net Income

1,576

Net Margin

28.3%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

2,146

EBITDA Margin

38.5%

2023

12/31/2023

Revenue

5,547

Cost of Revenue

2,244

Gross Profit

3,303

Gross Margin

59.5%

Operating Income

1,897

Operating Margin

34.2%

Net Income

1,570

Net Margin

28.3%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

2,395

EBITDA Margin

43.2%

2022

12/31/2022

Revenue

4,321

Cost of Revenue

1,839

Gross Profit

2,482

Gross Margin

57.4%

Operating Income

1,191

Operating Margin

27.6%

Net Income

1,104

Net Margin

25.6%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

1,534

EBITDA Margin

35.5%

2021

12/31/2021

Revenue

3,861

Cost of Revenue

1,565

Gross Profit

2,295

Gross Margin

59.5%

Operating Income

1,111

Operating Margin

28.8%

Net Income

931

Net Margin

24.1%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

1,425

EBITDA Margin

36.9%

2020

12/31/2020

Revenue

2,974

Cost of Revenue

1,218

Gross Profit

1,756

Gross Margin

59.0%

Operating Income

850

Operating Margin

28.6%

Net Income

686

Net Margin

23.1%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

1,111

EBITDA Margin

37.4%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	5,576	5,547	4,321	3,861	2,974
Cost of Revenue	2,337	2,244	1,839	1,565	1,218
Gross Profit	3,239	3,303	2,482	2,295	1,756
Gross Margin	58.1%	59.5%	57.4%	59.5%	59.0%
Operating Income	1,910	1,897	1,191	1,111	850
Operating Margin	34.3%	34.2%	27.6%	28.8%	28.6%
Net Income	1,576	1,570	1,104	931	686
Net Margin	28.3%	28.3%	25.6%	24.1%	23.1%
EPS (Basic)	$0.00	$0.00	$0.00	$0.00	$0.00
EPS (Diluted)	$0.00	$0.00	$0.00	$0.00	$0.00
EBITDA	2,146	2,395	1,534	1,425	1,111
EBITDA Margin	38.5%	43.2%	35.5%	36.9%	37.4%