Playmates Toys Limited · HKEX:869
Playmates Toys — FY2021 Earnings Presentation
19 slides from Playmates Toys's earnings presentation, Mar 4, 2022
Slide 1: 2021 Full Year Results Briefing
Playmates Toys Limited 2021 Full Year Results Briefing 4 March 2022
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 Operating Environment Our 2021 Results Reflected Financial Performance 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: 2021 Operating Environment
2021 Operating Environment Second year in a row of unprecedented challenges to our industry and many others Although consumer demand remained resilient, supply chain disruptions worsened throughout the year From factory worker shortages, to container shortages and congestion at major ports around th
Slide 8: Our 2021 Results Reflected
Our 2021 Results Reflected Turnover increase compared to 2020 driven by: Restrictions on economic activities during 2020 Government stimulus during 2021 Solid performance of our product line tied to the Godzilla vs. Kong movie release Continued strong demand for our Miraculous: Tales of Ladybug & Ca
Slide 9: Financial Performance: Income Statement Highlights
Financial Performance Income Statement Highlights HK$ Million 2020 2021 +/-% Revenue 289.2 625.1 116% Gross Profit 142.0 303.5 114% Other revenue 18.0 - N/A Marketing (82.2) (137.6) 68% Selling & Distribution (6.6) (30.7) 365% Administration (103.8) (97.4) -6% Operating profit/(loss) (32.5) 37.8 216
Slide 10: Margin Analysis
Margin Analysis 100% Cost of Sales Marketing 90% Selling & Distribution 80% 50.9% 51.4% Administration 70% Others Income Tax 60% 50% 22.2% 40% 2.3% 22.0% 30% 35.9% 4.9% 20% 15.6% 10% 2.6% 0% Net loss 10.4% Net profit 6.9% 2020 2021 Revenue: HK$289.2M HK$625.1M 10
Slide 11: Revenue Breakdown by Regions
Revenue Breakdown by Regions 2020 2021 3.4% 0.3% 2.8% 0.2% 1.5% 3.8% 55.2% 30.4% 56.7% 30.9% 7.7% 7.2% HK$289.2M HK$625.1M U.S.A. Other Americas Europe Australasia Asia Others 11
Slide 12: Financial Performance: Balance Sheet Highlights
Financial Performance Balance Sheet Highlights HK$ Million 31/12/2020 31/12/2021 Inventories 10.3 58.0 Trade Receivables 41.3 124.4 Investments 7.0 71.2 Cash & Bank Balances 949.9 894.0 Net Current Assets 912.0 954.9 Net Assets 951.7 995.2 Net Asset per Share (HK$) 0.81 0.84 Gearing Ratio 0.0 0.0 Cu
Slide 13: Looking Forward
Looking Forward 13
Slide 14: Looking Forward
Looking Forward Supply chain logistics remain challenged, with longer than normal lead times Expansion of Miraculous: Tales of Ladybug & Cat Noir distribution in 2022 Continuation of product offerings inspired by the broader MonsterVerse and Toho’s Classic Monsters Extension of Spy Ninjas product li
Slide 15: Successful Godzilla vs. Kong movie release
Successful GODZILLAvs. KONG movie release in late March 2021 in many major global markets; both in theaters and through streaming services, including HBOMax Consumer demand for our movie product line has been strong We will continue to offer products inspired by the broader MonsterVerse and Toho’s C
Slide 16: New Miraculous: Tales of Ladybug & Cat Noir toy line
Our extensive new Miraculous: Tales of Ladybug & Cat Noir toy line launched in a number of major international markets in Fall 2020, and online in the US market in the summer of 2021 Consumer demand for the brand has been strong, with high sell-through rates in every market where we launched We expe
Slide 17: Spy Ninjas YouTube adventure series
The action-packed Spy Ninjas YouTube adventure series continues to be popular 2022 will see continued expansion of our product line, including secret spy ninja gear, decoders, ninja weapons, a new Project Zorgo mask and other spy gadgets from the series
Slide 18: Star Trek
STAR TREK We are making a much-anticipated return as the global master licensee for figures, vehicles and ships, role play and other categories for Star Trek Summer 2022 toy launch includes some of the most iconic characters in the Star Trek universe, including its most famous Captains and First Off
Slide 19: Thank You!
Playmates Toys Limited Thank You!