Playmates Toys Limited · HKEX:869
Playmates Toys — H1 2021 Earnings Presentation
19 slides from Playmates Toys's earnings presentation, Aug 13, 2021
Slide 1: Playmates Toys Limited 2021 Interim Results Briefing
Playmates Toys Limited 2021 Interim Results Briefing 13 August 2021
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 Our 2021 Interim 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: Our 2021 Interim Results Reflected
Our 2021 Interim Results Reflected Increase in turnover due to: Severe restrictions on economic activities during 1H 2020 due to COVID-19 Government stimulus and increased consumer spending during 1H 2021 Solid performance of Godzilla vs Kong products Continued strong demand for our Miraculous: Tale
Slide 8: Financial Performance: Income Statement Highlights
Financial Performance Income Statement Highlights HK$ Million 1H2020 1H2021 +/-% Revenue 84.0 214.0 154.8 Gross Profit 38.7 111.0 187.0 Marketing (33.5) (34.1) 1.8 Selling & Distribution (6.5) (11.9) 83.1 Administration (53.0) (49.5) -6.6 Operating (Loss)/Profit (54.3) 15.5 N/A (Loss)/Profit before
Slide 9: Financial Performance: Margin Analysis
Financial Performance Margin Analysis Cost of Sales Marketing 180% Selling & Distribution 160% 53.9% Administration 140% Others 120% 39.9% Income Tax 100% 48.1% Net Profit 80% 7.8% 60% 16.0% 63.0% 5.6% 40% 23.1% 6.8% 20% 0% 1H2020 1H2021 Revenue: HK$84.0M HK$214.0M 9
Slide 10: Financial Performance: Revenue Breakdown by Regions
Financial Performance Revenue Breakdown by Regions 1H2020 1H2021 0.5% 0.8% 0.6% 3.8% 2.6% 14.0% 8.9% 23.1% 63.9% 75.2% 6.6% HK$84.0M HK$214.0M U.S.A. Other Americas Europe Australasia Asia Others
Slide 11: Financial Performance: Balance Sheet Highlights
Financial Performance Balance Sheet Highlights HK$ Million 30/6/2020 30/6/2021 Inventories 10.6 18.7 Trade Receivables 12.0 62.6 Cash & Bank Balances 968.5 985.8 Net Current Assets 904.4 923.9 Net Assets 933.8 966.6 Net Asset per Share (HK$) 0.79 0.82 Gearing Ratio 0.0 0.0 Current Ratio 6.5 5.6 11
Slide 12: Looking Forward
Looking Forward 12
Slide 13: Looking Forward
Looking Forward COVID-19 continues to present severe challenges to operating environment Global supply chain experiencing increasing disruption; logistics costs continue to spike Expect our gross margin to be negatively impacted starting 2H 2021 We are actively working to minimize cost increases and
Slide 14: Godzilla vs. Kong movie premiered successfully in late March 2021
Godzilla vs. Kong movie premiered successfully in late March 2021; released simultaneously in theaters and through streaming services, including HBOMax Consumer demand for our movie product line has been strong since it launched in Fall 2020 We will continue to offer products inspired by the movie a
Slide 15: Miraculous: Tales of Ladybug & Cat Noir airs in over 120 countries
Miraculous: Tales of Ladybug & Cat Noir airs in over 120 countries worldwide and streams across multiple digital platforms Our extensive new 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 bee
Slide 16: Spy Ninjas – popular, action-packed YouTube adventure series
Spy Ninjas – popular, action-packed YouTube adventure series First wave of products launched online in late 2020 with promising initial results 2021 will see an expansion of product line
Slide 17: VLAD & NIKI have become a global YouTube phenomenon
VLAD & NIKI have become a global YouTube phenomenon, as one of the highest rated boys channels on the platform Captures more than five billion monthly views on 16 YouTube channels in 13 languages, with more than 120 million subscribers worldwide Our VLAD & NIKI toy line will be found in the pre‐scho
Slide 18: Pikwik Pack, a brand new pre-school series
Pikwik Pack, a brand new pre- school series created by Toronto- based Guru Studio, is airing on Disney Junior channel in US and a number of key international markets Targeting initial launch of product line in Spring 2022
Slide 19: Thank You!
Playmates Toys Limited Thank You!