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CaroteHKSE:02549 +0.27%21 Gross Margin % is 30.60% as of Dec. 2025, which is 14% below its 10-year median of 35.70. GuruFocus rates HKSE:02549 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 417 Furnishings, Fixtures & Appliances companies, Carote ranks better than 55.64% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Carote's Gross Profit for the
six
months ended in Dec. 2025 was HK$446 Mil. Carote's Revenue for the
six
months ended in Dec. 2025 was HK$1,458 Mil. Therefore, Carote's Gross Margin % for the quarter that ended in Dec. 2025 was 30.60%.
The historical rank and industry rank for Carote's Gross Margin % or its related term are showing as below:
HKSE:02549'
s Gross Margin % Range Over the Past 10 Years
Min: 18.73 Med: 35.7 Max: 40.29
Current: 31.77
During the past 5 years, the highestGross Margin % of Carote was 40.29%. The lowest was 18.73%. And the median was 35.70%.
HKSE:02549's Gross Margin % is ranked better than 55.64% of 417
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.49
vs HKSE:02549: 31.77
Carote had a gross margin of 30.60% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Carote was 0.00% per year.
Carote (HKSE:02549) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Carote had a gross margin of 30.60% for the quarter that ended in Dec. 2025 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Carote Gross Margin % Related Terms
Carote Gross Margin % Historical Data
* Premium members only.
The historical data trend for Carote's Gross Margin % 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.
HKSE:02549 vs SN, SGI, MHK: Gross Margin % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Carote's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Carote's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Carote's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Carote (HKSE:02549) has a Gross Margin % of 30.60% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Carote and its competitors. This is 14% below median its historical median of 35.70. Over the past decade, Carote's Gross Margin % has ranged from 18.73 to 40.29. According to the industry distribution chart, Carote ranks #185 out of 417 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 44.4%.
Is Carote's Gross Margin % too high?
Carote's current Gross Margin % of 30.60% is 14% below median its 10-year median of 35.70. Over the past 10 years, this metric has ranged from a low of 18.73 to a high of 40.29. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.49. Carote's value of 30.60% is 3.8% above this industry median. Based on the distribution chart, Carote ranks #185 out of 417 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Carote has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Carote's Gross Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Carote ranks #185 out of 417 companies for Gross Margin %. This puts Carote in the upper half of its industry. The industry median Gross Margin % is 29.49. Carote's value of 30.60% is 3.8% above this benchmark. Historically, Carote's own Gross Margin % has ranged from 18.73 to 40.29 over the past decade. While the company's 10-year median is 35.70 vs. the industry median of 29.49, 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 Gross Margin % for a Furnishings, Fixtures & Appliances company?
The median Gross Margin % among Furnishings, Fixtures & Appliances companies is 29.49, based on 417 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carote's current Gross Margin % of 30.60% is 3.8% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Carote and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carote's current Gross Margin % is 30.60%, which is 14% below median its own 10-year median of 35.70. 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 Gross Margin % of 30.60%. The current Gross Margin % is 30.60%, which is 14% below median its 10-year median of 35.70 and 3.8% above the Furnishings, Fixtures & Appliances industry median of 29.49. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Carote (HKSE:02549), the current Gross Margin % is 30.60% 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 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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