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CaroteHKSE:02549 +0.27%21 Operating Margin % is 14.48% as of Dec. 2025, which is 10% below its 10-year median of 16.13. GuruFocus rates HKSE:02549 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 431 Furnishings, Fixtures & Appliances companies, Carote ranks better than 87.47% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Carote's Operating Income for the
six
months ended in Dec. 2025 was HK$211 Mil. Carote's Revenue for the
six
months ended in Dec. 2025 was HK$1,458 Mil. Therefore, Carote's Operating Margin % for the quarter that ended in Dec. 2025 was 14.48%.
The historical rank and industry rank for Carote's Operating Margin % or its related term are showing as below:
HKSE:02549'
s Operating Margin % Range Over the Past 10 Years
Min: 4.73 Med: 16.13 Max: 18.73
Current: 13.18
HKSE:02549's Operating Margin % is ranked better than 87.47% of 431
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.74
vs HKSE:02549: 13.18
Carote's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Carote's Operating Income for the
six
months ended in Dec. 2025 was HK$211 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was HK$313 Mil.
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Carote Operating Margin % Related Terms
Carote Operating Margin % Historical Data
* Premium members only.
The historical data trend for Carote's Operating 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: Operating Margin % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Carote's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Carote's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Carote's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Carote's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (HKSE:02549) has a Operating Margin % of 14.48% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Carote and its competitors. This is 10% below median its historical median of 16.13. Over the past decade, Carote's Operating Margin % has ranged from 4.73 to 18.73. According to the industry distribution chart, Carote ranks #54 out of 431 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 12.5%.
Is Carote's Operating Margin % too high?
Carote's current Operating Margin % of 14.48% is 10% below median its 10-year median of 16.13. Over the past 10 years, this metric has ranged from a low of 4.73 to a high of 18.73. The Furnishings, Fixtures & Appliances industry median Operating Margin % is 3.74. Carote's value of 14.48% is 287.2% above this industry median. Based on the distribution chart, Carote ranks #54 out of 431 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 Operating Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Carote ranks #54 out of 431 companies for Operating Margin %. This places Carote in the top 13% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.74. Carote's value of 14.48% is 287.2% above this benchmark. Historically, Carote's own Operating Margin % has ranged from 4.73 to 18.73 over the past decade. While the company's 10-year median is 16.13 vs. the industry median of 3.74, 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 Operating Margin % for a Furnishings, Fixtures & Appliances company?
The median Operating Margin % among Furnishings, Fixtures & Appliances companies is 3.74, based on 431 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carote's current Operating Margin % of 14.48% is 287.2% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Carote and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Operating Margin % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carote's current Operating Margin % is 14.48%, which is 10% below median its own 10-year median of 16.13. 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 Operating Margin % of 14.48%. The current Operating Margin % is 14.48%, which is 10% below median its 10-year median of 16.13 and 287.2% above the Furnishings, Fixtures & Appliances industry median of 3.74. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Carote (HKSE:02549), the current Operating Margin % is 14.48% 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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