Carote Ltd (2549) AI Stock Analysis

• Market Cap: HK$2.54B
• Dividend Yield: 3.12%
• Average Volume (3M): 530.29K
• Price to Earnings (P/E): 5.2
• Beta (1Y): 1.25
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: HK
• Employees: 180
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): N/A
• Shares Outstanding: 555,002,600
• 10 Day Avg. Volume: 293,379
• 30 Day Avg. Volume: 530,294
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$5.50
• Price Target Upside: 21.15% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: HK$5.50 ▲(21.15% Upside)

Carote Ltd's strong financial performance is the most significant factor, supported by robust revenue and profit growth, efficient cost management, and solid cash flow generation. The technical analysis indicates a neutral to slightly bullish trend, while the valuation suggests potential undervaluation. The absence of earnings call data and corporate events does not impact the score.

Positive Factors

Revenue Growth

The significant revenue growth indicates strong market demand and effective sales strategies, which are crucial for long-term business expansion and competitiveness.

Cash Flow Generation

Strong cash flow generation supports operational and investment activities, ensuring the company can fund growth initiatives and withstand economic fluctuations.

Balance Sheet Health

A low leverage position minimizes financial risk and enhances financial stability, allowing the company to focus on growth opportunities without significant debt burden.

Negative Factors

Market Saturation Risk

Operating in a niche market may limit growth potential if market saturation occurs, requiring diversification or innovation to sustain long-term growth.

Dependence on Retail Channels

Heavy reliance on retail channels can expose the company to risks from changing consumer preferences and retail industry disruptions, impacting sales stability.

Competitive Pressure

While innovation is a strength, the competitive consumer goods market requires continuous product development to maintain differentiation and market share.

Carote Ltd Business Overview & Revenue Model

Company Description

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. It sells its products through online stores. The company has operations in Mainland China, the United States, Western Europe, Japan, Southeast Asia, and internationally. Carote Ltd was founded in 2007 and is headquartered in Hangzhou City, China. Carote Ltd operates as a subsidiary of Yili Investment Holdings Ltd.

How the Company Makes Money

Carote Ltd generates revenue through the sale of its cookware and kitchenware products across various retail channels, including online platforms and physical stores. The company's revenue model is primarily based on direct sales to consumers, bulk sales to retailers, and partnerships with distributors. Key revenue streams include the sale of proprietary branded products and potential licensing agreements for its designs. Additionally, Carote may benefit from strategic partnerships with retailers and e-commerce platforms that enhance its market reach and sales volume.

Carote Ltd Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
Total Debt
Total Liabilities
Stockholders Equity
Cash Flow
Free Cash Flow
Operating Cash Flow
Investing Cash Flow
Financing Cash Flow

Carote Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.54
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2549, the sentiment is Negative. The current price of 4.54 is below the 20-day moving average (MA) of 4.81, below the 50-day MA of 4.82, and below the 200-day MA of 5.10, indicating a bearish trend. The MACD of -0.09 indicates Positive momentum. The RSI at 39.07 is Neutral, neither overbought nor oversold. The STOCH value of 5.82 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2549.

Carote Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2549	74 Outperform	HK$2.54B	5.22	―	3.12%	―	―
8400	63 Neutral	41.00M	9.32	18.71%	―	28.47%	-4.35%
8447	48 Neutral	36.00M	-2.09	-157.78%	―	12.29%	7.53%
8493	26 Underperform	13.35M	-0.28	―	―	-77.80%	-586.04%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

Carote Ltd Corporate Events

Carote Ltd Reports Decline in Interim Financial Results Amidst Growing Kitchenware Industry

Carote Ltd announced a decline in its interim financial results for the six months ending June 30, 2025, with total revenue falling by 12.4% compared to the previous year. The company’s branded business and ODM segments both experienced significant drops in revenue and gross profit, reflecting challenges in the market. Despite the downturn, the global kitchenware industry is experiencing growth driven by rising disposable incomes and trends towards sustainability and smart kitchen technologies. Carote Ltd’s focus on eco-friendly products positions it to potentially benefit from these industry trends, although current financial performance indicates operational challenges.

The most recent analyst rating on (HK:2549) stock is a Buy with a HK$5.50 price target. To see the full list of analyst forecasts on Carote Ltd stock, see the HK:2549 Stock Forecast page.

Carote Ltd Announces Key Management Change

Carote Ltd, an exempted company incorporated in the Cayman Islands, announced a change in its company secretary, authorized representative, and process agent. Ms. Chan Yuen Mui has resigned from these roles, and Mr. Chow Shing Lung has been appointed as her successor, effective August 28, 2025. Mr. Chow brings over 14 years of experience in company secretarial and legal fields, having previously served as Assistant Vice President at Computershare Hong Kong Investor Services Limited. His appointment is expected to support Carote Ltd’s governance and compliance functions.

The most recent analyst rating on (HK:2549) stock is a Buy with a HK$5.50 price target. To see the full list of analyst forecasts on Carote Ltd stock, see the HK:2549 Stock Forecast page.

Carote Ltd Schedules Board Meeting to Discuss Interim Results and Dividend

Carote Ltd has announced that its board of directors will meet on August 28, 2025, to consider and approve the interim results for the first half of 2025 and discuss the potential payment of an interim dividend. This meeting is significant for stakeholders as it will provide insights into the company’s financial performance and potential shareholder returns.

The most recent analyst rating on (HK:2549) stock is a Buy with a HK$8.97 price target. To see the full list of analyst forecasts on Carote Ltd stock, see the HK:2549 Stock Forecast page.