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Carote Ltd (2549.HK)

HKD4.09 +0.01 (+0.25%)
CN HKSE Consumer Cyclical Furnishings, Fixtures & Appliances
Address Unit 1, Tower 6
Hangzhou City, CN
CEO Guodong Zhang
IPO 2024-10-02
ISIN KYG1917P1072

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Description

Carote Ltd, an investment holding entity, is a supplier of a wide array of kitchenware products for brand-owners and retailers, marketed primarily under its CAROTE brand. Its comprehensive product line features cookware, including non-stick pots and pans, cast iron pots, and curated sets, alongside kitchen tools such as organizers, storage containers, knives, cutting boards, spatulas, and ladles. The company also offers drinkware like water bottles, glasses, and mugs, as well as other household items including tableware and small kitchen appliances such as air fryers and electric cooking pots. Carote Ltd distributes its merchandise exclusively through online retail channels. Established in 2007 and headquartered in Hangzhou City, China, the company maintains an international operational footprint spanning Mainland China, the United States, Western Europe, Japan, and Southeast Asia. Carote Ltd operates as a subsidiary of Yili Investment Holdings Ltd.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
HKD4.09 +0.01 (+0.25%)
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Volume Profile
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Liquidity & share structure
Average Volume
179.7K
Beta
0.01
Float Shares
113.98M
Free Float %
20.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.98% -0.89% -5.71% -4.70% -9.90% -2.62% -17.41% -36.83% -36.83% -36.83% -36.83%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
4.09
DCF (Unlevered) 65.35 +1,497.7%
DCF (Levered) 47.63 +1,064.4%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 33% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 1 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Quality scores
MOAT Score
4 / 10
Developing
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
4 / 5
High
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Furnishings, Fixtures & Appliances: +2.7%
    +4.0% Q4'25: -81.2% (vs Q1'23)
  • EPS growth Furnishings, Fixtures & Appliances: +4.0%
    -29.3% Q4'25: -88.2% (vs Q1'23)
  • FCF margin FCF growth · Furnishings, Fixtures & Appliances: +24.2%
    +10.3% Q4'25: +129.4% (vs Q1'23)
  • EBIT margin Furnishings, Fixtures & Appliances: +6.9%
    +12.9% Q4'25: +14.1% (vs Q1'23)
  • ROIC Furnishings, Fixtures & Appliances: +6.4%
    +38.1% Q4'25: +11.4% (vs Q1'23)
  • Share dilution Furnishings, Fixtures & Appliances: +0.1%
    +3.2% Q4'25: +2.9% (vs Q1'23)
  • Debt / EBITDA Net debt/EBITDA · Furnishings, Fixtures & Appliances: -0.16×
    0.83× Q4'25: 0.02× (vs Q1'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (-0.28) × ERP
WACC = 90% × Ke + 10% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 65.80 Current price: 4.09
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2024
actual
Dec 2025
actual
Dec 2026
3 Rev. Ana.
2 EPS Ana.
Dec 2027
3 Rev. Ana.
2 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
2.07B
est: 2.08B (-0.2%)
2.16B
est: 1.87B (+15.3%)
2.83B
2.75B – 2.93B
+51.4% YoY
3.43B
3.23B – 3.67B
+21.0% YoY
4.06B
3.89B – 4.29B
+18.6% YoY
EBITDA
423.77M
est: 312.37M (+35.7%)
282.70M
est: 281.33M (+0.5%)
425.91M
413.71M – 440.77M
+51.4% YoY
515.18M
486.00M – 552.06M
+21.0% YoY
610.92M
584.16M – 644.37M
+18.6% YoY
EBIT
417.52M
est: 303.32M (+37.6%)
278.91M
est: 273.17M (+2.1%)
413.57M
401.72M – 427.99M
+51.4% YoY
500.25M
471.91M – 536.06M
+21.0% YoY
593.21M
567.23M – 625.69M
+18.6% YoY
Net Income
355.99M
est: 375.57M (-5.2%)
257.81M
est: 502.58M (-48.7%)
358.14M
325.09M – 391.20M
-28.7% YoY
429.77M
395.39M – 464.16M
+20.0% YoY
504.27M
475.55M – 540.16M
+17.3% YoY
SGA
437.90M
est: 330.30M (+32.6%)
368.07M
est: 297.47M (+23.7%)
450.35M
437.45M – 466.06M
+51.4% YoY
544.74M
513.88M – 583.73M
+21.0% YoY
645.97M
617.67M – 681.34M
+18.6% YoY
EPS
0.67
est: 0.68 (-2.2%)
0.47
est: 0.91 (-48.3%)
0.65
0.59 – 0.71
-28.7% YoY
0.78
0.72 – 0.84
+20.0% YoY
0.91
0.86 – 0.98
+17.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B- 2/5 1/5 2/5 3/5 4/5 1/5 3/5
2026-05-28 B- 2/5 1/5 2/5 3/5 4/5 1/5 3/5
2026-05-27 B- 2/5 1/5 2/5 3/5 4/5 1/5 3/5
2026-05-26 B- 2/5 1/5 2/5 3/5 4/5 1/5 3/5
2026-05-22 B- 2/5 1/5 2/5 3/5 4/5 1/5 3/5
2026-05-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-19 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
Ownership data is not available for this company yet.

Executive team

Top executives
EBIT / Employee
1.55M
Shares Outstanding
550.80M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Guodong Zhang Chairman of our Board & Chief Executive Officer 884.1K male
Yili Lyu Chief Product Officer & Executive Director 743.1K female
Chenhao Xia Chief Operating Officer & Executive Director 647.1K male
Yun'er Xue Chief Operating Officer for North America female
Shing Lung Chow Company Secretary male
Haifang Meng Financial Director female
Yan Ting Kwok Company Secretary female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits