Carote Future Growth

Future criteria checks 6/6

Carote is forecast to grow earnings and revenue by 23.5% and 25.6% per annum respectively. EPS is expected to grow by 14.7% per annum. Return on equity is forecast to be 31.6% in 3 years.

Key information

23.5%

Earnings growth rate

14.7%

EPS growth rate

Consumer Durables earnings growth	22.6%
Revenue growth rate	25.6%
Future return on equity	31.6%
Analyst coverage	Low
Last updated	08 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

SEHK:2549 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	3,716	529	581	639	2
12/31/2025	3,092	437	500	550	2
12/31/2024	2,360	349	314	356	2
3/31/2024	1,794	270	391	395	N/A
12/31/2023	1,583	237	238	244	N/A
12/31/2022	768	109	11	129	N/A
12/31/2021	675	32	108	122	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2549's forecast earnings growth (23.5% per year) is above the savings rate (2.3%).

Earnings vs Market: 2549's earnings (23.5% per year) are forecast to grow faster than the Hong Kong market (11.4% per year).

High Growth Earnings: 2549's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 2549's revenue (25.6% per year) is forecast to grow faster than the Hong Kong market (7.8% per year).

High Growth Revenue: 2549's revenue (25.6% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 2549's Return on Equity is forecast to be high in 3 years time (31.6%)

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/31 09:10
End of Day Share Price	2024/12/31 00:00
Earnings	2024/03/31
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Carote Ltd is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kunal Vora	BNP Paribas Exane
Wing Hong Woo	CMB International Securities Limited