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C

Carote 2549.HK · HKD

N/A · HKEX · 🇭🇰 Hong Kong

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3.75

0.00%

Close of 9 Nov 2026, in HKD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CNY, from our data supplier.

FY2025

Revenue

CN¥2.51bn

FY2021FY2025

Net income

CN¥300.2m

FY2021FY2025

Free cash flow

−CN¥30.0m

FY2021FY2025

Shareholders' equity

CN¥1.64bn

FY2021FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021
RevenueCN¥2.51bnCN¥2.07bnCN¥1.58bnCN¥768.5mCN¥786.4m
Gross profitCN¥798.2mCN¥835.4mCN¥565.1mCN¥275.3mCN¥147.3m
Research and developmentCN¥46.1mCN¥41.4mCN¥35.9mCN¥20.8mCN¥21.1m
Operating incomeCN¥310.5mCN¥398.4mCN¥271.2mCN¥124.1mCN¥38.1m
Net incomeCN¥300.2mCN¥356.0mCN¥237.1mCN¥108.8mCN¥36.9m
Diluted earnings per share0.540.750.440.200.07

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021
Total assetsCN¥2.21bnCN¥1.72bnCN¥636.1mCN¥553.1mCN¥512.4m
Cash and short-term investmentsCN¥1.21bnCN¥1.16bnCN¥236.1mCN¥92.5mCN¥160.4m
Total liabilitiesCN¥571.9mCN¥466.1mCN¥413.4mCN¥415.8mCN¥430.4m
DebtCN¥273.0mCN¥4.1mCN¥9.8mCN¥58.7mCN¥44.2m
Shareholders' equityCN¥1.64bnCN¥1.26bnCN¥222.7mCN¥137.6mCN¥82.1m
Shares outstanding551m476m536m536m536m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021
Cash from operations−CN¥22.8mCN¥350.2mCN¥244.0mCN¥128.6mCN¥142.0m
Capital spending−CN¥7.2m−CN¥69.0m−CN¥5.9m−CN¥117.4m−CN¥82.4m
Free cash flow−CN¥30.0mCN¥281.2mCN¥238.1mCN¥11.3mCN¥59.6m
Dividends paid−CN¥81.2m−CN¥100.0m−CN¥50.0m——

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥647.0mCN¥647.0mCN¥768.1mCN¥768.4mCN¥487.3mCN¥487.3mCN¥559.0mCN¥651.0m
Gross profitCN¥240.6mCN¥240.6mCN¥235.0mCN¥235.1mCN¥164.0mCN¥164.0mCN¥220.1mCN¥256.3m
Operating incomeCN¥92.9mCN¥92.9mCN¥99.3mCN¥99.4mCN¥55.9mCN¥189.4mCN¥102.5mCN¥119.3m
Net incomeCN¥78.7mCN¥78.7mCN¥90.2mCN¥90.3mCN¥59.8mCN¥59.8mCN¥95.9mCN¥111.7m
Diluted earnings per share0.140.140.160.160.110.110.200.23
Cash from operationsCN¥77.0mCN¥77.0m−CN¥20.0m−CN¥20.0m−CN¥10.0m−CN¥10.0mCN¥130.0mCN¥151.0m
Capital spending−CN¥1.0m−CN¥1.0m−CN¥1.0m−CN¥1.0m−CN¥2.0m−CN¥2.0m−CN¥34.0m−CN¥40.0m
Free cash flowCN¥76.0mCN¥76.0m−CN¥21.0m−CN¥21.0m−CN¥12.0m−CN¥12.0mCN¥96.0mCN¥111.0m
Total assetsCN¥2.30bnCN¥2.30bnCN¥2.21bnCN¥2.21bnCN¥2.03bnCN¥2.03bnCN¥1.72bnCN¥2.00bn
Cash and short-term investmentsCN¥1.41bnCN¥1.41bnCN¥1.21bnCN¥1.21bnCN¥1.36bnCN¥1.36bnCN¥1.16bnCN¥1.37bn
Debt——CN¥1.2mCN¥1.2mCN¥1.2mCN¥1.2mCN¥4.1mCN¥4.8m
Shareholders' equityCN¥1.69bnCN¥1.69bnCN¥1.64bnCN¥1.64bnCN¥1.49bnCN¥1.49bnCN¥1.26bnCN¥1.46bn

Financial ratios

Data as of 28 Oct 2026

FY2025FY2024FY2023FY2022FY2021
Gross margin31.8%40.3%35.7%35.8%18.7%
Operating margin12.9%20.1%17.6%16.7%5.6%
Net margin12.0%17.2%15.0%14.2%4.7%
Return on equity18.3%28.3%106.5%79.0%45.0%
Return on assets13.6%20.7%37.3%19.7%7.2%
Free cash flow yield-1.0%19.8%12.3%——
Revenue growth4.0%31.0%106.0%13.8%—
Earnings growth-27.6%50.1%118.0%242.9%—
Current ratio3.31x3.12x1.29x0.78x0.71x
Debt to equity0.17x0.00x0.03x0.42x0.72x
Equity ratio74.1%72.9%35.0%24.9%16.0%
Interest coverage3976.82x1618.28x938.08x40.03x21.71x
R&D as a share of sales1.8%2.0%2.3%2.7%2.7%
Buybacks as a share of market value-15.7%11.0%———

Growth per year

Compound annual rate

3 years5 years10 years
Revenue48.4%——
Operating income35.7%——
Net income40.3%——

Average margins

Over each period

1 year3 years5 years10 years
Gross margin35.6%35.7%——

Valuation history

At each fiscal year end

FY2025FY2024
Price to earnings7.66.3
Price to sales0.91.1

Dividends and splits

Per share, in the currency the company pays

Paid for 1 years. Last went ex-dividend on 7 Jul 2025.

FY2025
Paid in the year0.141

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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