Playmates Toys Limited · HKEX:869
Playmates Toys — FY2014 Earnings Presentation
21 slides from Playmates Toys's earnings presentation, Mar 20, 2015
Slide 1: Playmates Toys Limited 2014 Full Year Results Briefing
Playmates Toys Limited 2014 Full Year Results Briefing 20 March 2015
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation and subsequent discussion may contain forward-looking statements with respect to the financial condition, results of operation and business of Playmates Toys Limited. Such forward-looking statements represent expectations or beliefs concerning future even
Slide 3: Content
Content About Playmates Toys Our Mission Our Latest Performance State of the Toy Industry Playmates Toys Financial Highlights Looking Forward 3
Slide 4: About Playmates Toys
About Playmates Toys Founded: 1966 First Group listing: 1984 HKSE#0869 – Playmates Toys Limited A leading manufacturer of promotional toys Create, design, market & distribute branded products worldwide More information – www.playmatestoys.com 4
Slide 5: Our Mission
Our Mission We strive to create superior shareholder value by selectively investing in proprietary and licensed brands and delivering quality, safe, and innovative toys to the consumers while managing costs prudently to maximize operational leverage. 5
Slide 6: Our Latest Performance
Our Latest Performance 6
Slide 7: State of the Toy Industry
State of the Toy Industry Operating Environment in 2014: Clear signs of economic growth in the US US consumer confidence at highest level since 2007 NPD reported US retail toy $ sales up by about 4%, biggest gain since 2001 * All Super-categories posted gains in the US except Infant-Preschool Geopol
Slide 8: Playmates Toys: 2014 results reflected
Playmates Toys Our 2014 results reflected: Twin Entertainment Drivers – Nickelodeon’s TMNT TV series remained top-rated kids show + box office success of 1st Paramount TMNT movie Strong Product Execution – refreshment & extension of core Action Figure line + successful introduction of new segments R
Slide 9: Financial Highlights
Financial Highlights Income Statement HK$ Million 2013 2014 +/-% Revenue 1,658.5 2,160.2 30.2 Gross Profit 1,041.7 1,336.3 28.3 Marketing (289.0) (398.7) 38.0 Selling & Distribution (82.3) (130.7) 58.8 Administration (123.9) (158.7) 28.0 Operating Profit 546.5 648.2 18.6 Profit before taxation 539.7
Slide 10: Margin Analysis
Margin Analysis Cost of Sales 100% 90% 37.2% 38.1% Marketing 80% Selling & distribution 70% 17.4% Administration 60% 18.5% 50% 5.0% Others 6.1% 0.4% 7.5% 0.6% 40% 7.3% Income Tax 0.4% 6.7% 30% 32.2% Net Profit 20% 22.7% 10% 0% 2013 2014 Revenue: HK1,658.5M HK$2,160.2M 10
Slide 11: Revenue Breakdown by Regions
Revenue Breakdown by Regions 2013 2014 1.5% 1.0 2.5% 0.8% 4.1% 1.1% 17.0% 21.5% 5.9% 5.1% 67.2% 72.3% HK1,658.5M HK$2,160.2M U.S.A. Other Americas Europe Australasia Asia Others 11
Slide 12: Financial Highlights: Balance Sheet
Financial Highlights Balance Sheet HK$ Million 31/12/2013 31/12/2014 Inventories 37.0 44.2 Trade Receivables 411.8 529.7 Cash & Bank Balances 519.6 785.8 Net Current Assets 695.7 978.4 Net Assets 751.7 1,036.4 Net Asset per Share (HK$) 0.64 0.86 Gearing Ratio 0.0 0.0 Current Ratio 3.37 3.44 12
Slide 13: Looking Forward
Looking Forward 13
Slide 14: Externalities
2015 Externalities US economic outlook remains positive US west coast ports disruptions affected business early in year Continued weakness in Europe Strong entertainment-driven competitions 14
Slide 15: LINN IVS
LINN IVS (URTLES) fe aA INTHEATRES AND fe01))30
Slide 16: Entertainment Pipeline
Entertainment Pipeline Season 3 of Nickelodeon’s TMNT TV show maintains top ratings Season 4 to start in Fall 2015 Paramount’s 2nd TMNT movie planned for Summer 2016 16
Slide 17: Mutations: Mix & Match
NF MUTATIONS: IX & MATCH
Slide 18: Product Pipeline
Product Pipeline Continued refreshment and extension of core TMNT action figure categories Introduction of new TMNT product segments: Half Shell Heroes successfully launched in Fall 2014, further extensions planned; Mutations launched in Spring 2015; T-Machines vehicle line launched in Spring 2015;
Slide 19: TMNT Global Distribution Coverage
TMNT Global Distribution Coverage 2014 2013 2012 19
Slide 20: Global Reach
Global Reach TMNT products reached all major markets worldwide and ranked among top selling action figure brands in many: #1 action figure brand in the US Rank among top selling brands in all major European markets despite economic weakness Top action figure brand in Australia, Canada and major Lati
Slide 21: Thank You!
Playmates Toys Limited Thank You!