26
2643.HK
—
HKEX
Unclassified
CaoCao Inc
Last 30 days
1D5D1M3M6MYTD1Y5YMax
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Mcap
16,3B HKD
P/E
—
EV / Rev
0,9x
Div yield
—
Op margin
-2,3 %
ROE
16,3 %
Net margin
-3,1 %
Debt / equity
-1,88
Beta
—
52w range
—
Volume
—
Day range
—
Prev close
—
Open
—
Next earnings
—
Ex-dividend
—
TR 1Y
—
About
CaoCao Inc operates in the ground transportation sector, generating revenue through mobility services, though specific product details are not disclosed in the available data.
Business. CaoCao Inc operates in the ground transportation sector, generating revenue through mobility services, though specific product details are not disclosed in the available data.
Classification20 %
SectorUnclassified
Generated · model-assisted
Sell-side consensus
BUY5 analysts
5 buy0 hold0 sell
Avg 12m price target60,83
Analyst recommendations
5 analysts · consensus BuyBuy5
Hold0
Sell0
12-month price target
60,83
Consensus of sell-side coverage.
At a glance
Score
—
not yet scored
Valuation
—
valuation pending
Analysts→
Buy
5 analysts · indicative
Ownership
—
not yet wired
Profitability→
16,3 %
return on equity
Quality
—
not yet scored
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
— missing data
News & coverage
0Sector rotation
Sector1D1Mvs mkt
Materials+2,3 %+6,6 %+1,7 %
Communication Services+2,2 %−5,5 %+1,6 %
Energy+0,6 %+3,3 %+0,0 %
Health Care+0,6 %−0,8 %+0,0 %
Information Technology+0,6 %+6,7 %+0,0 %
Consumer Discretionary+0,4 %+7,6 %−0,2 %
Financials−0,3 %−2,8 %−0,9 %
Consumer Staples−0,4 %+2,5 %−1,0 %
Real Estate−0,7 %+10,9 %−1,3 %
Industrials−1,9 %−3,1 %−2,5 %
Utilities−1,9 %+28,2 %−2,5 %
Developing storylines
No tracked sagas currently linked to 2643.HK. Browse all sagas →
Analysis
AI analysis
Generated · analysis pipeline · tier hybrid · as of 2026-08-04
↑ At a glance
Opportunity
— missing data
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
— missing data
Signals & dispatch
peak dispatch · —
Composite-score breakdown
Synthesis
Business
CaoCao Inc operates in the ground transportation sector, generating revenue through mobility services, though specific product details are not disclosed in the available data.
Classification20 %
SectorUnclassified
AI synthesis
GENERATEDCaoCao Inc exhibits a distressed capital structure characterized by negative total equity of -3.9 billion CNY and total liabilities of 9.1 billion CNY. The company carries 7.3 billion CNY in long-term debt, resulting in a negative debt-to-equity ratio of -1.88. Liquidity is constrained, with a current ratio of 0.42, indicating that current liabilities significantly exceed current assets. While operating cash flow is positive at 378.3 million CNY, free cash flow remains negative at -421.4 million CNY due to capital expenditures of 475.8 million CNY.
Profitability metrics reflect ongoing losses, with net income at -635.4 million CNY and operating income at -463.3 million CNY. The gross profit of 1.9 billion CNY represents a gross margin of approximately 9.4% on revenue of 20.2 billion CNY. Return on assets is negative at -12.3%, while return on equity is reported as 16.3%, a figure distorted by the negative equity base. The company trades at an EV/Revenue multiple of 0.88, suggesting the market values the enterprise at less than one year of current sales.
Key takeaways
- Negative equity of -3.9 billion CNY and high leverage create significant financial fragility.
- Positive operating cash flow of 378.3 million CNY is offset by negative free cash flow of -421.4 million CNY.
- Low current ratio of 0.42 signals potential short-term liquidity constraints.
- Valuation at 0.88x EV/Revenue reflects market skepticism regarding profitability and balance sheet health.
- Low dilution risk suggests limited immediate pressure from share issuance, though financial stress remains high.
Bull / Bear case
Generated · model-assisted— missing data
In focus — financials by report
Annual
ANNUALFiled 2026-03-27
FY 2026 · Full-year highlights
Revenue ¥20.19B, +37,7% YoY; Operating income +42,1% YoY.
Revenue¥20.19B+37,7 % YoY
Operating income-¥463.3M+42,1 % YoY
Net income-¥635.4M+49,2 % YoY
Free cash flow-¥421.4M+47,0 % YoY
EPS—
Operating cash flow¥378.3M+60,3 % YoY
Financials
Income statement
Revenue¥20.19B
Gross profit¥1.89B
Operating income-¥463.3M
Net income-¥635.4M
Margins
Gross margin9.4%
Operating margin-2.3%
Net margin-3.1%
FCF margin-2.1%
Balance sheet
Total assets¥5.15B
Total liabilities¥9.06B
Total equity-¥3.90B
Cash & equivalents—
Long-term debt¥7.32B
Cash flow
Operating cash flow¥378.3M
CapEx-¥475.8M
Free cash flow-¥421.4M
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue ¥20.19B, +37,7% YoY
- ▍Operating income +42,1% YoY
- ▍Net income +49,2% YoY
- ▍Free cash flow +47,0% YoY
- ▍Net margin -3.1%
Valuation FY
Market price
HK$28,00
Market cap
HK$10.39B
Enterprise valueⓘ
HK$17.71B
P/Eⓘ
—
Non-GAAP P/Eⓘ
—
EV / Revenueⓘ
0.9x
EV / Op incomeⓘ
—
EV / OCFⓘ
46.8x
P / Bⓘ
—
P / Tangible bookⓘ
—
Tangible book
-HK$3.90B
Net cashⓘ
-HK$7.32B
Current ratioⓘ
0.4
Debt / equityⓘ
-1.9
ROAⓘ
-12.3%
ROEⓘ
16.3%
Cash conversionⓘ
-60.0%
CapEx / revenueⓘ
-2.4%
SBC / revenueⓘ
—
Dilution ratioⓘ
0.0%
Revenue by segment
Ridesharing Services—
low · llm_fanout_v2
Taxi & Ride-Hailing Services—
low · llm_fanout_v2
Transportation—
low · llm_fanout_v2
Business relationships
— missing data
Supply chain
— missing data
Peer comparison
— missing data
Market position
Stress test
— missing data
Predictor forecast
Next quarternear-term
Earnings · next quarterconf 45 %
EPS
Consensus EPS
-0,02
Predicted surprise
+0,00
Beat probability
45 %
Analysts
5
Other metrics
Revenue
—
no estimate
Segment revenue
—
no estimate
Margin
—
no estimate
Segment margin
—
no estimate
as of 2026-05-19 · Earnings Surprise V1
Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
Full fiscal year~1 year ahead
Full fiscal year · our forecast vs guidance vs consensus
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | -0,02 |
| Revenue | —no estimate | —no estimate | 25,4B CNY |
| Operating income | —no estimate | —no estimate | -84,6M CNY |
Full-year consensus mean (period as reported by source) · consensus in CNY. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
Probabilistic model output — not investment advice. · generated 2026-08-04
Options
— missing data
Short squeeze
— missing data
Earnings-call key lines
— missing data
Consensus distribution
sell-side coverageRecommendation distribution5 analysts
Strong buy2
Buy3
Hold0
Sell0
Strong sell0
12-month price targetHK$60,83 · Median HK$61,50
Low HK$51,00High HK$70,00
Operating income · consensus-84,6M CNY
EPS surprise
−4 296,6 %
reported vs consensus · miss
Revenue surprise
−20,5 %
reported vs consensus · miss
Estimate revisions
consensus EPS · 26-week trend— missing data
Sell-side observations
LowHK$51,00
MeanHK$60,83
MedianHK$61,50
HighHK$70,00
SpotHK$28,00
+117.3 %implied to mean12-month sell-side price targets · ▲ spot
Themes
— missing data
ESG
— missing data
Risk factors
Dilution riskLow
Liquidity riskMedium
Filing-based flags
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Op Margin-2,3 %Bottom quartile
Net Margin-3,1 %Bottom quartile
ROE16,3 %Above P75
Capex / Rev-2,4 %Above median
D/E-1,88Best in class
Cash Conv-0,60Bottom quartile
Corporate actions / M&A
— missing data
FX exposure
— missing data
Comparable transactions
— missing data
Derivatives & instruments
— missing data
Actions
Ask Handelsavisen
— missing data
Data sources
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
How metrics are computed
- Cash Conversion Ratiooperating_cash_flow / net_income
- Ev To Revenueenterprise_value / revenue
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Return On Equitynet_income / total_equity
- Ev To Operating Cash Flowenterprise_value / operating_cash_flow
- Enterprise Valuemarket_cap - net_cash
Source documents
- CaoCao Inc Market data — financials · 2026-07-09
Ownership & reference
Insider activity
— missing data
Short positioning
— missing data
Geographic breakdown
— missing data
Listings · one canonical issuer
all listings resolve to the canonical
2643.HKCanonical
HKEX · HKD
Intel & risk
peak dispatch · —
OSINT findings
Dilution riskLow
Liquidity riskMedium
Net cash is negative after subtracting total debt.
Evidence & claims
From filings & derived data— missing data
The Thread
Everything we know, in order2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
2026-03-27 16:25 UTCEARNINGSAnnual results — FY 2026 Revenue CNY 20.19B · Net CNY -635.4M
The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04
Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data
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