News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research> UBS Raises TP for NONGFU SPRING (09633.HK) to HKD41.6, Earnings Forecast Revised Up but Maintains 'Sell' Rating
UBS released a research report stating that NONGFU SPRING (09633.HK) exceeded expectations in its fiscal year 2025 results, with revenue and net profit growing by 22.5% and 30.9% y...
Reset
Send
The window will close in 5 seconds
<Research> UBS Raises TP for NONGFU SPRING (09633.HK) to HKD41.6, Earnings Forecast Revised Up but Maintains 'Sell' Rating
Close
Recommend
4
Positive
7
Negative
4
 
SHORT SELL
 
STOCK INFO
aacat by AASTOCKS
Open a new trading account to get NVDA share!

UBS released a research report stating that NONGFU SPRING (09633.HK)  -0.260 (-0.544%)    Short selling $103.61M; Ratio 144.758%   exceeded expectations in its fiscal year 2025 results, with revenue and net profit growing by 22.5% and 30.9% year-on-year, reaching RMB52.553 billion and RMB15.868 billion, respectively. In the second half of last year, revenue and net profit increased by 30% and 40% year-on-year, reaching RMB26.931 billion and RMB8.246 billion. During the period, the gross profit margin benefited from the decline in costs of raw materials such as PET, cartons, and sugar, rising by 2.4 ppts year-on-year to 60.5%.

The management did not provide specific guidance for the gross and net profit margins for 2026, mainly considering the volatility in PET prices and plans to increase marketing investment. The company has secured part of its PET supply and has no plans to raise prices, while maintaining strict expense management. In terms of overseas expansion, the short-term focus will be on the Hong Kong and ASEAN markets. UBS raised the group's earnings forecast, increasing the target price from HKD37.24 to HKD41.6, equivalent to a forecasted 24x P/E ratio for 2026 and 22x P/E ratio for 2027, maintaining a 'Sell' rating. (hc/w)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)

Related NewsHaitong Int'l: NONGFU SPRING (09633.HK) Shows Resilience Amid Competition; TP Added to HKD59.8



This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

Auto-translated by AI
View Original Text

AASTOCKS Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.