Carote (SEHK:2549) - Stock Price, News & Analysis

2549 Stock Overview

An investment holding company, provides a range of kitchenware products to brand-owners and retailers under the CAROTE brand.

About the company

2549 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	4/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 72.1% below our estimate of its fair value

Earnings grew by 92.1% over the past year

Risk Analysis

Shares are highly illiquid

Carote Ltd Competitors

Lisi Group (Holdings)

SEHK:526

HK$989.4m

Q P Group Holdings

SEHK:1412

HK$569.2m

Vesync

SEHK:2148

HK$5.3b

JS Global Lifestyle

SEHK:1691

HK$6.4b

Price History & Performance

Summary of all time highs, changes and price drops for Carote
Historical stock prices
Current Share Price	HK$9.15
52 Week High	HK$10.88
52 Week Low	HK$6.68
Beta	0
11 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	58.30%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	2549	HK Consumer Durables	HK Market
7D	n/a	14.0%	8.7%
1Y	n/a	20.5%	19.7%

Return vs Industry: Insufficient data to determine how 2549 performed against the Hong Kong Consumer Durables industry.

Return vs Market: Insufficient data to determine how 2549 performed against the Hong Kong Market.

Price Volatility

Is 2549's price volatile compared to industry and market?
2549 volatility
2549 Average Weekly Movement	n/a
Consumer Durables Industry Average Movement	7.5%
Market Average Movement	7.1%
10% most volatile stocks in HK Market	14.7%
10% least volatile stocks in HK Market	3.6%

Stable Share Price: 2549's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine 2549's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2007	180	Guodong Zhang	www.mycarote.com

Carote Ltd, an investment holding company, provides a range of kitchenware products to brand-owners and retailers under the CAROTE brand. It offers cookware products, including non-stick pots and pans, cast iron pots, and curated cookware sets; and kitchen utensils, such as kitchen organizers, containers, knives, cutting boards, spatulas, and ladles. The company also provides drinkware products comprising water containers, glasses, and mugs; and other products, including tableware and small kitchen appliances, such as air fryers and electronic cooking pots.

Carote Ltd Fundamentals Summary

How do Carote's earnings and revenue compare to its market cap?
2549 fundamental statistics
Market cap	HK$4.90b
Earnings (TTM)	HK$297.61m
Revenue (TTM)	HK$1.98b

16.5x

P/E Ratio

2.5x

P/S Ratio

Is 2549 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2549 income statement (TTM)
Revenue	CN¥1.79b
Cost of Revenue	CN¥1.13b
Gross Profit	CN¥663.86m
Other Expenses	CN¥394.08m
Earnings	CN¥269.78m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.50
Gross Margin	37.00%
Net Profit Margin	15.04%
Debt/Equity Ratio	2.4%

How did 2549 perform over the long term?

See historical performance and comparison