This page (OTCMKTS:NNFSF) was last updated on 8/16/2022 by MarketBeat.com Staff Nongfu Spring completes landmark HK listing. The recent jump in the company's stock price has launched Shanshan onto this list. A high-level overview of Nongfu Spring Co., Ltd. (NNFSF) stock. . That hasn't hindered the popularity of Nongfu Spring Co., whose red-capped bottles are sold across China everywhere from mom-and-pop snack stalls to high-end hotels. Zhong Shanshan became the richest person in Asia in January of 2021 with a peak net worth of a whopping $95 billion. That means insiders have a very meaningful HK$431b stake in this HK$512b business. NONGFU SPRING CO., LTD.: NOTICE OF BOARD MEETING. Zhong had a total net worth on Tuesday morning of. To bottle this water, the company plans to import two state-of-the-art, high speed bottling lines, each capable of filling 72,000 . From their IPO price of HK$21.50 . Water Health Knowledge . with stakes ranging from 0.0063% to 1.4%. Nongfu Spring has been cooperating with orchard owners and farmers producing apples, carrots, navel oranges and other raw materials. He is the founder and chairperson of the Nongfu Spring beverage company and the majority owner of Beijing Wantai Biological Pharmacy Enterprise. For finer detail, click on the image. Chinese bottled water and beverage company Nongfu Spring completed its US$1.08 billion IPO in Hong Kong on 8 September, becoming the most oversubscribed offering to date on the city bourse, after its retail tranche was covered 1,148 times. Nongfu Spring water is 2 RMB in China, however, it sells at 8 to 9 RMB in USA. This gives them effective control of the company. Personally, I like to see high insider ownership of a company, since it suggests that it will be managed in the interests of shareholders. . Most would argue this is a positive, showing strong alignment with shareholders. Nongfu Spring Co Ltd -- -- -- -- -- -- -- 0.62% S&P 500 Total Return 1.38% 11.96% 21.83% -4.38% 31.49% 18.40% 28.71% -14.00% Ambow Education Holding Ltd 566.7% 50.00% -41.67% 55.14% -63.54% 9.60% -57.47% -49.40% Pingtan Marine Enterprise Ltd -49.17% 27.72% 77.22% -15.55% -50.98% 48.80% -69.10% 53.12% Tantech Holdings Ltd -- -61.60% 27.73% -32.56% The company can be reached via phone at 86 57 1876 31800. How many employees does Nongfu Spring have? This stock traded higher by about 2.5% on Wednesday. It offers water, functional drinks, ready to-drink, tea, juice beverage, and other products.. ownership and private ownership. How can I contact Nongfu Spring? So it's not surprising to see the company trades on a very high multiple of (past) earnings. Shan Shan Zhong. Add to Watchlist. Zhong's fortune has rocketed with the Sept. 8 listing of his main business, Nongfu Spring, which controls about a quarter of China's bottled water market. Most of his wealth is from his water bot. Notlongago,theFedheldameetingofinterestrates.PowellannouncedthattheUnitedStateswouldraiseinterestratestwiceby2023.TheUSdollarindexroseallthewaythatday,butincontrast . Ownership of a fraction of a corporation and the right to claim a share of the corporation's assets and . See the latest Nongfu Spring Co Ltd ADR stock price (PINX:NOGFY), related news, valuation, dividends and more to help you make your investing decisions. In the chart below, you can see how the company has grown earnings and revenue, over time. Source of Wealth: Nongfu Spring; Nongfu Spring Ownership Stake: 84%; Other Assets: Beijing Wantai Biological Pharmacy; Zhong Shanshan is a Chinese billionaire businessman. Nongfu Spring Co. Ltd. engages in the manufacturing and sale of packaged drinking water and beverages. OTCMKTS . Nongfu Spring Co (NNFSF) Nasdaq Listed; Nasdaq 100; Data is currently not available. SEHK:9633 Earnings and Revenue History August 10th 2022. Our information suggests that insiders own more than half of Nongfu Spring Co., Ltd.. Some got their ownership last year, when the founder and his holding company transferred 0.79% of Nongfu to 33 people as part of a . It offers water, functional drinks, ready to-drink, tea, juice beverage, and other products.. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. That's a real positive. In China, it is easy to see drink advertisements abroad, such as Coca-Cola. Nongfu Spring Co Ltd Class H Ordinary Shares - Stock Ownership 09633 Morningstar Rating Rating as of Jul 6, 2022 Quote Chart Stock Analysis News Price vs Fair Value Sustainability Trailing Returns. Founder of Nongfu Spring Co. Ltd., Shan Shan Zhong currently holds the position of Chairman & General Manager at Nongfu Spring Co. Ltd., Chairman for Beijing Wantai Biological Pharmacy Enterprise Co., Ltd. and Chairman of Yangshengtang Co., Ltd. Provide free NONGFU SPRING CO., LTD.(09633) earnings announcements and reports, including the company's latest quarterly financial reports, semi-annual reports, and annual reports. . Founder Zhong Shanshan increased his wealth as reported on paper since he had 84.4% ownership of Nongfu Spring. However, Nongfu Spring's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party. Bases have been established in Yili, Xinjiang and Ganzhou, Jiangxi, where we have been at the forefront of technical innovation, quality control and agricultural modernization. With 84.4% ownership of Nongfu Spring, founder Zhong Shanshan saw his wealth balloon on paper. [8] The company raised approximately US$1bn by pricing its IPO at the HKD21.50/share, at the top end of its IPO range. The official website for the company is www.nongfuspring.com. Investors typically determine Nongfu Spring value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. While we note Nongfu Spring achieved similar EBIT margins to last year, revenue grew by a solid 30% to CN30b. the group is organized into business units based on their services and has five reportable operating segments which are the water products segment is a key revenue driver, engages in manufacturing and sale of natural packaged drinking water; the functional drinks products segment engages in manufacturing and sale of functional beverage, the Nongfu Spring Co Ltd Class H Ordinary Shares - Stock Ownership NNFSF Morningstar Rating Rating as of Jul 22, 2022 Quote Chart Stock Analysis News Price vs Fair Value Sustainability Trailing Returns. 0. He is also General Manager of Hainan Yangshengtang Pharmaceutical Co. Ltd. [2] 2.2.4. Add to Portfolio. Changes In Ownership Major Events Other. Get the latest Nongfu Spring Co Ltd (9633) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. 08-12 06:49 ET. Nongfu Spring also became the first company . 6 November 2020. . It certainly is nice to see that Nongfu Spring has managed to grow EPS by 24% per year over three years. Place With the development of the internet, the channels of Chinese and Western beverage advertising are also widening. The stock traded about 2.5% higher on Wednesday. Society and Culture . The company employs 20,000 workers across the globe. See the latest Nongfu Spring Co Ltd Class H Ordinary Shares stock price (PINX:NNFSF), related news, valuation, dividends and more to help you make your investing decisions. Source of Wealth: Nongfu Spring; Nongfu Spring Ownership Stake: 84%; Other Assets: Beijing Wantai Biological Pharmacy; Zhong Shanshan is the chairman of the Chinese water-beverage company, Nongfu Spring. As reported by Reuters, Nongfu Spring filed an initial public offering [7] with the Hong Kong Stock Exchange. Nasdaq provides the ownership stake information in a company . View institutional stock ownership, mutual fund ownership and top individual ownership of Nongfu Spring Co Ltd (9633). As of July 2022, he is the . 2.3.3. Nongfu Spring intends to bottle 580 million litres per year. Last Tuesday, data from Forbes showed that Zhong had a total net worth of $59 billion, basing it on a price of 39.20 Hong Kong dollars per share, including his other holdings. Nongfu Spring Co. Ltd. engages in the manufacturing and sale of packaged drinking water and beverages.
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