Nongfu Spring stock gains 1.17 percent as profit rises 16.6 percent

Published on 10/07/2026 at 09:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nongfu Spring stock was trading at HKD 39.82 on October 7, 2026, while first-half revenue reached CNY 29.718 billion. Tea sales generated CNY 13.122 billion.

Nongfu Spring, CNE100004272, Illustration mit AI erstellt.

Nongfu Spring (CNE100004272) was trading at HKD 39.82 on October 7, 2026 at 3:23 p.m. HKT, up 1.17 percent from the previous close. The latest operating picture is the company's first-half 2026 report, which showed revenue growth alongside a stronger profit result.

Profit growth reaches 16.6 percent

According to FilingReader on September 24, 2026, Nongfu Spring reported CNY 29.718 billion in revenue for the six months ended June 30, 2026. That was 16.0 percent above CNY 25.622 billion in the same period of 2025.

Profit attributable to owners rose 16.6 percent to CNY 8.887 billion from CNY 7.622 billion, while basic and diluted earnings per share increased to CNY 0.790 from CNY 0.677. Gross profit reached CNY 18.099 billion, up 17.1 percent, and the gross margin improved to 60.9 percent from 60.3 percent.

Tea becomes the growth engine

The product mix explains why the interim figures matter. Beverage products generated 67.1 percent of first-half revenue after growing 24.1 percent, while packaged drinking water produced CNY 9.641 billion and grew 2.1 percent, according to FilingReader.

Tea beverages were the largest reported category at CNY 13.122 billion, while functional beverages added CNY 3.348 billion. For investors, the comparison between tea growth and water growth is central: the newer beverage categories are expanding faster than the company's traditional core.

Analysts see a higher target

Consensus data published by Eulerpool on September 20, 2026 showed 27 Buy ratings, four Hold ratings and two Sell ratings from 33 analysts. The average target was CNY 46.77 and the median target was CNY 49.54.

A separate TipRanks report carried by The Globe and Mail said Orient Securities maintained a Buy rating and set a price target of HKD 56.83. The target is a single-house view, while the consensus figures represent the broader analyst distribution.

Stock trades in the lower range

Nongfu Spring stock was trading at HKD 39.82 on HKEX on October 7, 2026, with an intraday range of HKD 39.36 to HKD 40.32. Its 52-week range was HKD 37.90 to HKD 56.25, and market capitalization stood at HKD 447.8 billion.