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Employees: 1,091
Size CaoCao (2643.HK) is a Hong Kong Information Technology company (Packaged Software) with a market value of $725M, the 668th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$9.69 on 6 Nov 2026.
Performance Over six months the shares fell 58.7%, against -6.1% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue grew 37.8% over the last twelve months (peer median -1.7%); the operating margin is -2.5% (peer median 5.3%).
Valuation It trades at 0.5× enterprise value to sales against a peer median of 3.1× (cheapest of 21).
Capital Return on invested capital runs 35.1 points below its cost of capital (5.7% WACC).
Next results Next results expected around 29 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$23.5B | HK$21.9B | HK$15.9B | HK$11.8B | HK$8.87B |
| Revenue growth | — | +38% | +35% | +33% | — |
| Gross profit | HK$2.26B | HK$2.03B | HK$1.26B | HK$646M | -HK$436M |
| EBITDA | HK$155M | -HK$75.4M | -HK$315M | -HK$1.13B | -HK$1.39B |
| Net income | -HK$588M | -HK$689M | -HK$1.36B | -HK$2.12B | -HK$2.29B |
| Free cash flow | -HK$534M | -HK$390M | -HK$452M | -HK$2.23B | -HK$2.48B |
| Capital expenditure | HK$402M | HK$516M | HK$322M | HK$2.11B | HK$865M |
| Total debt | n/a | HK$8.25B | HK$7.81B | HK$8.46B | HK$6.83B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 2643.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -23.5% | +2.0% | lowest of 21 |
| 6-month return | -58.7% | -6.1% | lowest of 21 |
| Distance from 52-week high | -82.6% | -35.2% | lowest of 21 |
| Revenue growth (TTM) | +37.8% | -1.7% | 2nd highest of 21 |
| Operating margin | -2.5% | 5.3% | 7th lowest of 21 |
| EV / Sales | 0.5× | 3.1× | cheapest of 21 |
| ROIC minus cost of capital | -35.1 pp | -3.7 pp | 2nd lowest of 18 |
| Net debt / EBITDA | 43.2× | -0.2× | most indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| CaoCao 2643.HK | Hong Kong | $725M | -59% | +38% | -3% | 0.5× | n/a | n/a |
| Similarweb SMWB | United States | $724M | +141% | +10% | -2% | 2.3× | 28.2% | +24.8% |
| Asseco Business Solutions ABS.WA | Poland | $728M | -6% | +15% | 33% | 5.5× | 3.8% | +11.1% |
| New Trend International Logis-Tech 300532.SZ | China | $728M | -7% | +56% | 7% | 1.4× | n/a | n/a |
| Pexip PEXIP.OL | Norway | $722M | -18% | +9% | 26% | 5.0× | -0.3% | +12.6% |
| Docebo DCBO.TO | Canada | $732M | +44% | +11% | 9% | 3.1× | 14.1% | +32.1% |
| IRESS IRE.AX | Australia | $739M | -4% | -14% | 17% | 2.4× | 10.2% | +0.5% |
| Shenzhen Tianyuan DIC Information Technology 300047.SZ | China | $743M | -32% | +14% | 1% | 0.7× | n/a | n/a |
| Beijing Supermap Software 300036.SZ | China | $744M | -33% | -24% | -21% | 3.4× | 30.5% | -1.2% |
| Sichuan Jiuyuan Yinhai Software 002777.SZ | China | $746M | -22% | -13% | 4% | 4.1× | 31.2% | +1.3% |
| SGSG Science & Technology Co., Ltd. Zhuhai 300561.SZ | China | $749M | -14% | +13% | -40% | 45.5× | n/a | n/a |
| Truecaller TRUE-B.ST | Sweden | $750M | +69% | -16% | 19% | 3.7× | 11.3% | +31.2% |
| Lectra LSS.PA | France | $754M | +10% | -6% | 6% | 1.6× | 12.6% | +16.5% |
| Linewell Software 603636.SS | China | $755M | -2% | -42% | -111% | 11.1× | 16.4% | -11.5% |
| WingArc1st 4432.T | Japan | $755M | +29% | +15% | 30% | 3.3× | -7.6% | +11.1% |
| AhnLab 053800.KS | South Korea | $696M | +57% | +10% | 13% | 3.2× | 4.5% | +8.5% |
| Enghouse Systems ENGH.TO | Canada | $695M | +1% | -5% | 19% | 1.5× | -14.5% | -0.2% |
| UBISOFT Entertainment UBI.PA | France | $692M | -15% | -27% | -87% | 0.7× | n/a | n/a |
| Sunyard Technology 600571.SS | China | $690M | -22% | +1% | -1% | 2.1× | n/a | n/a |
| Shenzhen Bingchuan Network 300533.SZ | China | $763M | -18% | -5% | -10% | 1.3× | 4.7% | +46.0% |
| Genew Technologies 688418.SS | China | $688M | -49% | -12% | -22% | 6.5× | n/a | n/a |