Nongfu Spring Co., Ltd. (09633.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	102.6B	52.6B	42.9B	42.7B	33.2B
Cost of Revenue	41.1B	20.7B	18.0B	17.3B	14.1B
Gross Profit	61.5B	31.8B	24.9B	25.4B	19.1B
Operating Expenses
R&D Expense	618.7M	310.6M	306.4M	385.8M	277.2M
SG&A Expense	24.5B	12.3B	11.1B	11.4B	9.7B
General & Admin Expense	4.6B	2.5B	2.0B	2.2B	1.8B
Selling & Marketing Expense	19.8B	9.8B	9.2B	9.3B	7.8B
Other Expenses	(248.5M)	—	(1.2B)	(630.1M)	—
Total Operating Expenses	24.8B	12.6B	10.2B	10.8B	9.9B
Cost and Expenses	65.9B	33.3B	28.2B	28.1B	24.1B
Operating Income (EBIT)	36.7B	19.2B	14.7B	14.6B	9.2B
Non-Operating
Interest Income	552.2M	579.7M	866.1M	991.2M	623.4M
Interest Expense	69.8M	66.9M	91.5M	99.7M	76.0M
Net Interest Income	482.4M	512.8M	774.6M	891.5M	547.3M
Other Non-Op Income/Expense	3.5B	1.7B	1.1B	1.1B	1.9B
Non-Operating Income (excl Interest)	(476.7M)	(310.6M)	912.0M	(1.2B)	(277.2M)
EBT (Pre-Tax Income)	40.1B	20.9B	15.8B	15.7B	11.1B
Income Tax Expense	9.6B	5.0B	3.7B	3.6B	2.6B
Bottom Line
Net Income	30.5B	15.9B	12.1B	12.1B	8.5B
Earnings from Cont. Ops	30.5B	15.9B	12.1B	12.1B	8.5B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	30.5B	15.9B	12.1B	12.1B	8.5B
Per Share
Basic EPS	HK$2.71	HK$1.41	HK$1.08	HK$1.07	HK$0.76
Diluted EPS	HK$2.71	HK$1.41	HK$1.08	HK$1.07	HK$0.76
Revenue Per Share	HK$9.13	HK$4.67	HK$3.81	HK$3.79	HK$2.96
Shares
Basic Shares Outstanding	11.2B	11.2B	11.2B	11.2B	11.2B
Diluted Shares Outstanding	11.2B	11.2B	11.2B	11.2B	11.2B
Profitability Metrics
EBITDA	43.4B	22.8B	16.5B	18.4B	11.8B
D&A	6.2B	3.2B	2.7B	2.6B	2.4B
EBIT	37.2B	19.6B	13.8B	15.8B	9.4B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026