Nongfu Spring Co Ltd
HKEX:9633
Nongfu Spring Co Ltd
Other Liabilities
Nongfu Spring Co Ltd
Other Liabilities Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other Liabilities | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Nongfu Spring Co Ltd
HKEX:9633
|
Other Liabilities
ÂĄ303.1m
|
CAGR 3-Years
4%
|
CAGR 5-Years
8%
|
CAGR 10-Years
N/A
|
||
Eastroc Beverage Group Co Ltd
SSE:605499
|
Other Liabilities
ÂĄ20m
|
CAGR 3-Years
9%
|
CAGR 5-Years
8%
|
CAGR 10-Years
N/A
|
Nongfu Spring Co Ltd
Glance View
In the bustling and competitive landscape of China's beverage industry, Nongfu Spring Co Ltd has emerged as a quintessential story of ingenuity and adaptation. Founded in 1996 by businessman Zhong Shanshan, the company originated with a simple yet profound mission—to provide naturally healthy water to the masses. Nongfu Spring has carved out its niche by tapping into the vast natural reserves of pristine water sources across China, capitalizing on the consumer shift towards health-conscious products. Emphasizing its motto, "We are the porters of nature," Nongfu Spring ensures their bottled water retains a pure and natural essence. Their distinctive red-capped bottles have become synonymous with trust and quality, securing a dominant presence in the Chinese market, where it leads in packaged water sales. Nongfu Spring's business acumen extends beyond just bottled water. Its product diversification strategy includes the development and marketing of a variety of beverages such as tea and functional drinks, along with vitamin-infused beverages. This strategic expansion has allowed the company to capture various consumer segments and maintain robust revenue streams. Alongside their innovative product offerings, Nongfu Spring has leveraged strategic branding and distribution channels, ensuring their abundant presence from rural convenience stores to urban supermarkets across China. With a profound understanding of local consumer preferences and an agile approach to market trends, Nongfu Spring Co Ltd continues to draw a lucrative profit from its ability to align its innovative products with the health and wellness aspirations of its consumers.
See Also
What is Nongfu Spring Co Ltd's Other Liabilities?
Other Liabilities
303.1m
CNY
Based on the financial report for Dec 31, 2023, Nongfu Spring Co Ltd's Other Liabilities amounts to 303.1m CNY.
What is Nongfu Spring Co Ltd's Other Liabilities growth rate?
Other Liabilities CAGR 5Y
8%
Over the last year, the Other Liabilities growth was 4%. The average annual Other Liabilities growth rates for Nongfu Spring Co Ltd have been 4% over the past three years , 8% over the past five years .