Carote Past Earnings Performance

Past criteria checks 4/6

Carote has been growing earnings at an average annual rate of 55.1%, while the Consumer Durables industry saw earnings declining at 0.7% annually. Revenues have been growing at an average rate of 37.5% per year. Carote's return on equity is 28.3%, and it has net margins of 17.2%.

Key information

55.09%

Earnings growth rate

53.04%

EPS growth rate

Consumer Durables Industry Growth3.46%
Revenue growth rate37.47%
Return on equity28.35%
Net Margin17.17%
Last Earnings Update31 Dec 2024

Recent past performance updates

Recent updates

Benign Growth For Carote Ltd (HKG:2549) Underpins Stock's 29% Plummet

Apr 16
Benign Growth For Carote Ltd (HKG:2549) Underpins Stock's 29% Plummet

Time To Worry? Analysts Are Downgrading Their Carote Ltd (HKG:2549) Outlook

Apr 01
Time To Worry? Analysts Are Downgrading Their Carote Ltd (HKG:2549) Outlook

Revenue & Expenses Breakdown

How Carote makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SEHK:2549 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 242,07335643841
31 Mar 241,79427033539
31 Dec 231,58323727736
31 Dec 2276810913021
31 Dec 21675327718

Quality Earnings: 2549 has high quality earnings.

Growing Profit Margin: 2549's current net profit margins (17.2%) are higher than last year (15%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 2549's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare 2549's past year earnings growth to its 5-year average.

Earnings vs Industry: 2549 earnings growth over the past year (50.1%) exceeded the Consumer Durables industry -10.9%.


Return on Equity

High ROE: 2549's Return on Equity (28.3%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/13 07:10
End of Day Share Price 2025/05/13 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

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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 Github.

Analyst Sources

Carote Ltd is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kunal VoraBNP Paribas Exane
Xin LiCitic Securities Co., Ltd.
Wing Hong WooCMB International Securities Limited