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CaroteHKSE:02549 +0.27%21 Pretax Margin % is 14.67% as of Dec. 2025, which is 11% below its 10-year median of 16.45. 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 88.4% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Carote's Pre-Tax Income for the
six
months ended in Dec. 2025 was HK$214 Mil. Carote's Revenue for the
six
months ended in Dec. 2025 was HK$1,458 Mil. Therefore, Carote's pretax margin for the quarter that ended in Dec. 2025 was 14.67%.
The historical rank and industry rank for Carote's Pretax Margin % or its related term are showing as below:
HKSE:02549'
s Pretax Margin % Range Over the Past 10 Years
Min: 5.34 Med: 16.45 Max: 20.13
Current: 14.61
HKSE:02549's Pretax Margin % is ranked better than 88.4% of 431
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.47
vs HKSE:02549: 14.61
Carote (HKSE:02549) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Carote Pretax Margin % Related Terms
Carote Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Carote's Pretax 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: Pretax Margin % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Carote's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Carote's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Carote's Pretax 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.
Carote (HKSE:02549) has a Pretax Margin % of 14.67% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Carote and its competitors. This is 11% below median its historical median of 16.45. Over the past decade, Carote's Pretax Margin % has ranged from 5.34 to 20.13. According to the industry distribution chart, Carote ranks #50 out of 431 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 11.6%.
Is Carote's Pretax Margin % too high?
Carote's current Pretax Margin % of 14.67% is 11% below median its 10-year median of 16.45. Over the past 10 years, this metric has ranged from a low of 5.34 to a high of 20.13. The Furnishings, Fixtures & Appliances industry median Pretax Margin % is 3.47. Carote's value of 14.67% is 322.8% above this industry median. Based on the distribution chart, Carote ranks #50 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 Pretax Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Carote ranks #50 out of 431 companies for Pretax Margin %. This places Carote in the top 12% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.47. Carote's value of 14.67% is 322.8% above this benchmark. Historically, Carote's own Pretax Margin % has ranged from 5.34 to 20.13 over the past decade. While the company's 10-year median is 16.45 vs. the industry median of 3.47, 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 Pretax Margin % for a Furnishings, Fixtures & Appliances company?
The median Pretax Margin % among Furnishings, Fixtures & Appliances companies is 3.47, based on 431 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carote's current Pretax Margin % of 14.67% is 322.8% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Carote and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Pretax Margin % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carote's current Pretax Margin % is 14.67%, which is 11% below median its own 10-year median of 16.45. 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 Pretax Margin % of 14.67%. The current Pretax Margin % is 14.67%, which is 11% below median its 10-year median of 16.45 and 322.8% above the Furnishings, Fixtures & Appliances industry median of 3.47. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Carote (HKSE:02549), the current Pretax Margin % is 14.67% 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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