Js Global Lifestyle Company Limited · HKEX:1691
Js Global Lifestyle — H1 2025 Earnings Presentation
21 slides from Js Global Lifestyle's earnings presentation, 2025
Slide 1: 2025 Interim Results Presentation
2025年半年度业绩发布会 2025 Interim RESULTS PRESENTATION
Slide 2: Table of Contents
Table of Contents 1 Overview 3 2 Financial Updates 6 3 Business Updates - Joyoung 13 4 Business Updates – SharkNinja APAC 16
Slide 3: Overview
Overview JS Global
Slide 4: A Snapshot of Earnings
A Snapshot of Earnings Revenue Gross Profit Net Profit Adj. EBITDA(1) USD 774.1mn USD 248.5mn USD -53.7mn USD 22.6mn （1）Adjusted EBITDA did not include stock-based compensation, gain/(loss) on financial assets at fair value, gain/(loss) on disposal of property, plant and equipment items, associates
Slide 5: A Pipeline of Differentiated Innovations
A Pipeline of Differentiated Innovations ◼ New Products – SharkNinja APAC ◼ New Products – Joyoung • Slushi • Blast Max • XXXL FlexDrawer • Blender • Soymilk Maker • Electric Kettle B1U K6 15WY2J • PowerClean 360 • EvoPower • Flex Breeze • Rice Cooker • Water Purifier • Pressure Cooker 40N1U Pro R10
Slide 6: Financial Updates
Financial Updates JS Global
Slide 7: Key Financial Metrics
Key Financial Metrics Unit: USD mn Interim Report Unit: USD mn Non-IFRS Adjusted Revenue Third-party revenue(1) 743 774 720 610 USD 774mn USD 720mn +4.2% +18.0% 1H 2024 1H 2025 1H 2024 1H 2025 Gross profit and margin Gross profit and margin from third- party revenue(1) 33.1% 32.1% USD 249mn 35.2% 33
Slide 8: Strong growth in SN APAC markets while Joyoung remained stable
Strong growth in SN APAC markets while Joyoung remained stable Third-party Revenue by Segment 1H 2025 Third-party Revenue by Segment USD mn 31.9% 720 610 230 68.1% 123 487 490 1H 2024 Third-party Revenue by Segment 1H 2024 1H 2025 20.2% Joyoung SharkNinja APAC (1) The Joyoung segment maintainedd sta
Slide 9: Growth driven by ANZ and S. Korea while Japan steady and China being flat
Growth driven by ANZ and S. Korea while Japan steady and China being flat Third-party Revenue by Region 1H 2025 Third-party Revenue by Region USD mn Other Regions 720 S. Korea 2.3% 16 58 Japan 8.0% 610 13 66 9.2% 30 44 96 45 ANZ 13.4% 67.1% China 478 484 1H 2024 Third-party Revenue by Region 1H 2024
Slide 10: Gross margin from third-party revenue slightly down due to strategic pricing and freight cost pressures
Gross margin from third-party revenue slightly down due to strategic pricing and freight cost pressures Gross Profit from Third-party Revenue USD mn 33.5% 35.2% 39 241.6 214.7 -12.1 1H 2024 Joyoung SharkNinja APAC 1H 2025 Gross Margin (1) The gross profit margin from third-party revenue in 1H 2025 i
Slide 11: Operating Cycle Analysis
Operating Cycle Analysis In USD mn Inventory turnover days (1) Trade and bill receivables turnover days(2) Trade and bill payables turnover days(3) （days） （days） （days） 176 179 168 90 92 91 46 53 45 2024 1H 2024 1H 2025 2024 1H 2024 1H 2025 2024 1H 2024 1H 2025 JS Global (1) Turnover days of average
Slide 12: Balanced Capital Structure
Balanced Capital Structure Capital expenditure Total debt / Total equity Debt profile and maturities1 0.10x USD mn 49 22 21 0.05x 15 FY 2024 1H 2025 Dec 2024 Jun 2025 2024 1H 2025 CAPEX Expenditure Interest-bearing loans - Non current Interest-bearing loans - Current Total Debt / Total Equity (1) As
Slide 13: Business Updates - Joyoung
Business Updates Joyoung 7.8 JS Global
Slide 14: Full-Price-Range Product Portfolio
Full-Price-Range Product Portfolio Considering the consumption polarization, we developed a product lineup spanning all price range and meet the needs of different consumer segments. High-end Products Blender B1U Soymilk Maker K7Pro Rice Cooker 40N1U ￥1299 ￥1999 ￥799 Cost-effective Products Blender
Slide 15: Broaden channel reach and develop customized products
Broaden channel reach and develop customized products Develop customized products for each channel based on its characteristics and consumer needs to enhance channel compatibility Content E-commerce Emergi ng Channe ls Distribution, wholesale and specific channel sales
Slide 16: Business Updates - SharkNinja APAC
Business Updates Shark|NINJA APAC JS Global
Slide 17: Japan Market – Business Update
Japan Market – Business Update Cordless Vacuum - Japan 32% 28% 28% 20% 17% 24% 16% 13% 19% 2023 2024 2025 YTD Competitor 1 SHARK Competitor 2 Shark PowerClean 360 Shark ‘Lightweight’ EvoPower Series Blender – Japan 26% 20% 17% 12% 10% 8% 7% 10% 8% 5% 8% 8% 2024 Mar 2025 Jun 2025 Competitor 1 NINJA N
Slide 18: Australia & New Zealand Market – Business Update
Australia & New Zealand Market – Business Update Blender + Food Processor - Australia Air Fryer - Australia 23% 22% 43% 20% 31% 30% 18% 19% 29% 17% 18% 13% 23% 13% 14% 12% 10% 13% 2023 2024 2025 YTD Ninja Slushi 2023 2024 2025 YTD Competitor 1 NINJA Competitor 2 Competitor 1 NINJA Competitor 2 Cordl
Slide 19: S. Korea Market – Business Update
S. Korea Market – Business Update Blender + Food Processor - Korea 19% 14% 12% 10% 10% 9% 10% 8% 2024 2025 YTD Competitor 1 NINJA Blender Blender + Food Ninja Blast Processor System Competitor 2 Competitor 3 Cordless Vacuum - Korea 26% 25% 22% 15% 20% 14% 7% 12% 2024 2025 YTD Competitor 1 SHARK Comp
Slide 20: SharkNinja APAC Geographic Expansion
SharkNinja APAC Geographic Expansion South Korea 2023 Japan 2018 Great market potential In APAC Singapore 2023 Thailand Based on the major small 2025 appliance categories currently Philippines entered by Shark and Ninja, the Malaysia 2024 potential market size of the 2023 Asia-Pacific region (exclud
Slide 21: Slide 21
JS Global Lifestyle Company — H1 2025 Earnings Presentation on 6ix