3.75
0.00%
Close of 9 Nov 2026, in HKD
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About Carote
Its shares trade on HKEX under the ticker 2549.HK. It has been listed since 2 October 2024. In the fiscal year to 31 December 2025, it reported revenue of CN¥2.51bn and net income of CN¥300.2m. At that date it held total assets of CN¥2.21bn and shareholders' equity of CN¥1.64bn.
Carote Ltd is a CN-based company operating in industry. The company is headquartered in Hangzhou, Zhejiang. The company went IPO on 2024-10-02. Carote Ltd is an investment holding company mainly engaged in the sales of cookware, kitchen utensils, drinkware and other products. The firm operates business through two business segments. The Branded Business segment is mainly engaged in the online sales of its own brand CAROTE kitchenware products. The Original Design Manufacturing (ODM) Business segment provides one-stop solutions for customized product design, development and manufacturing to ODM customers. The firm's main products include cookware such as non-stick pots and pans, cast iron pots and curated cookware sets, kitchen utensils such as kitchen organizers, containers, knives, cutting boards, spatulas and ladles, drinkware such as water containers, glasses and mugs, as well as small kitchen appliances such as air fryers and electronic cooking pots.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- N/A
- Industry
- N/A
- Listed since
- 2 Oct 2024
- Website
- mycarote.com ↗
Leadership
Pay as last reported
- Mr. Guodong ZhangExecutive Chairman of the Board, Chief Executive Officer, since 2023CN¥215,000
- Mr. Chenhao XiaChief Operating Officer, Executive Director, since 2024
- Ms. Yili LyuExecutive Director, Chief Product Officer, since 2023CN¥136,000
- Ms. Yuen Mui ChanCompany Secretary
- Dr. Tin Wai ChanIndependent Non-Executive Director
- Mr. Zhoufeng ShiIndependent Non-Executive Director
- Ms. Shuet Fan YeungIndependent Non-Executive Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 83
- Environment
- 99
- Social
- 99
- Governance
- 51
- Direct emissions (scope 1)
- 8,808 t
- Energy emissions (scope 2)
- 50,420 t
- Value chain emissions (scope 3)
- 24,171,996.14 t
- Women in the workforce
- 62.4%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Carote Ltd's Branded Business segment focuses on online sales of its own brand CAROTE kitchenware products.
- Carote Ltd's ODM Business segment provides customized product design and manufacturing solutions to ODM customers.
- Carote Ltd's main products include non-stick pots and pans, cast iron pots, and curated cookware sets.
Weaknesses
- Carote Ltd's headquarters is in Hangzhou, Zhejiang, which may limit its global market reach.
- Carote Ltd's IPO on 2 October 2024 is recent, indicating limited market history.
- Carote Ltd's business segments are limited to cookware, kitchen utensils, and drinkware.
Opportunities
- Carote Ltd can expand its ODM Business segment to include more international clients in the Information Technology sector.
- Carote Ltd can leverage its Branded Business segment to enter the Health Care industry with new product lines.
- Carote Ltd can target the growing market for small kitchen appliances like air fryers and electronic cooking pots.
Threats
- Carote Ltd faces competition from established brands in the Consumer Discretionary sector.
- Carote Ltd's reliance on online sales may be affected by changes in e-commerce regulations.
- Carote Ltd's product range is limited to kitchen-related items, making it vulnerable to market saturation in the Real Estate sector.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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