Carote (HKSE:02549) Current Ratio: 3.31 (As of Dec. 2025) — 157% Above Median

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HKSE:02549 Carote Ltd HKSE:02549
21 GF Score
Price HK$3.74
! 4 Warning Signs
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What is Carote Current Ratio?

Carote HKSE:02549 +0.27% 21 Current Ratio is 3.31 as of Dec. 2025, which is 157% above its 10-year median of 1.29. GuruFocus rates HKSE:02549 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 436 Furnishings, Fixtures & Appliances companies, Carote ranks better than 78.67% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Carote's current ratio for the quarter that ended in Dec. 2025 was 3.31.

Carote has a current ratio of 3.31. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Carote's Current Ratio or its related term are showing as below:

HKSE:02549' s Current Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.29   Max: 3.31
Current: 3.31

During the past 5 years, Carote's highest Current Ratio was 3.31. The lowest was 0.71. And the median was 1.29.

HKSE:02549's Current Ratio is ranked better than
78.67% of 436 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.88 vs HKSE:02549: 3.31

Carote  (HKSE:02549) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Carote Current Ratio Related Terms


Carote Current Ratio Historical Data

* Premium members only.

The historical data trend for Carote's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Carote Current Ratio Chart

Carote Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
0.71 0.78 1.29 3.12 3.31

Carote Semi-Annual Data
Dec21 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Current Ratio Get a 7-Day Free Trial 1.29 0.00 3.12 3.19 3.31

HKSE:02549 vs SN, SGI, MHK: Current Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Carote's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Carote Current Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Carote's Current Ratio distribution charts can be found below:

* The bar in red indicates where Carote's Current Ratio falls into.


HKSE:02549
21GF Score
Carote Ltd HKSE:02549
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Carote Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Carote's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=1794.291/542.293
=3.31

Carote's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=1794.291/542.293
=3.31

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 3.31 mean?
Carote (HKSE:02549) has a Current Ratio of 3.31 as of Dec. 2025. This is 157% above median its historical median of 1.29. Over the past decade, Carote's Current Ratio has ranged from 0.71 to 3.31. According to the industry distribution chart, Carote ranks #93 out of 436 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 21.3%.
Is Carote's Current Ratio too high?
Carote's current Current Ratio of 3.31 is 157% above median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 3.31. The Furnishings, Fixtures & Appliances industry median Current Ratio is 1.88. Carote's value of 3.31 is 76.1% above this industry median. Based on the distribution chart, Carote ranks #93 out of 436 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Carote has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Carote's Current Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Carote ranks #93 out of 436 companies for Current Ratio. This places Carote in the top 21% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.88. Carote's value of 3.31 is 76.1% above this benchmark. Historically, Carote's own Current Ratio has ranged from 0.71 to 3.31 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 1.88, Carote has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Furnishings, Fixtures & Appliances company?
The median Current Ratio among Furnishings, Fixtures & Appliances companies is 1.88, based on 436 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carote's current Current Ratio of 3.31 is 76.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Furnishings, Fixtures & Appliances industry, the median Current Ratio is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carote's current Current Ratio is 3.31, which is 157% above median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carote stock overvalued right now?
Carote (HKSE:02549) has a current Current Ratio of 3.31. The current Current Ratio is 3.31, which is 157% above median its 10-year median of 1.29 and 76.1% above the Furnishings, Fixtures & Appliances industry median of 1.88. Carote's overall GF Score™ is 21/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Carote (HKSE:02549), the current Current Ratio is 3.31 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Carote Business Description

Address Unit 1, Tower 6, 3rd - 5th Floor, Xiaoshan District, Zhejiang Province, Hangzhou, CHN
Carote Ltd is a brand of kitchenware products. Its products are designed to provide customers with practical, well-designed, and affordable items that promote a modern cooking lifestyle. The company offers a wide range of kitchenware, from essential pots and pans to well-designed tableware and beverage containers, aiming to meet various kitchen needs and enhance the culinary experience. Geographically, the company operates in Mainland China, the United States, Western Europe, Japan, Southeast Asia, and other countries. The majority of its revenue comes from the United States.
21GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$3.74
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