智通财经网·2026-03-25 01:31Core Viewpoint - Nongfu Spring (09633) reported strong financial results for the year 2025, with total revenue exceeding RMB 525.53 billion, marking a year-on-year increase of 22.5% and the first time revenue surpassed the 500 billion mark [1] Financial Performance - Total revenue reached RMB 525.53 billion, up 22.5% year-on-year [1] - Gross profit amounted to RMB 318.08 billion, reflecting a 27.7% increase compared to the previous year [1] - Net profit attributable to shareholders was RMB 158.68 billion, a year-on-year increase of 30.9% [1] - The company proposed a dividend of RMB 0.99 per share, totaling approximately RMB 111.34 billion [1] Profitability Metrics - Gross margin improved from 58.1% in the previous year to 60.5%, an increase of 2.4 percentage points [1] - The improvement in gross margin was attributed to a decrease in the procurement prices of PET raw materials and other packaging materials, as well as sugar [1] Strategic Management - The company effectively controlled the proportion of e-commerce sales, which helped stabilize the pricing order within the distribution system [1] - This strategy contributed to maintaining the overall profitability of the distribution system and supported the healthy development of the group [1]