Playmates Toys Limited · HKEX:869
Playmates Toys — H1 2019 Earnings Presentation
19 slides from Playmates Toys's earnings presentation, Aug 12, 2019
Slide 1: Playmates Toys Limited 2019 Interim Results Briefing
Playmates Toys Limited 2019 Interim Results Briefing 12 August 2019
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 2019 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 2019 Interim Results Reflected
Our 2019 Interim Results Reflected Rollout of Rise of Teenage Mutant Ninja Turtles TV show and products around the world Gross profit ratio increase due to: (i) fewer clearance of non-carry forward products (ii) lower tooling expenses Higher marketing, selling & distribution costs in line with incre
Slide 8: Financial Performance: Income Statement Highlights
Financial Performance Income Statement Highlights HK$ Million 1H2018 1H2019 +/-% Revenue 136.7 157.2 15.0 Gross Profit 64.5 80.0 24.1 Marketing (30.1) (41.2) 37.1 Selling & Distribution (7.0) (8.6) 22.9 Administration (59.5) (61.3) 3.1 Impairment Loss on Trade Receivables (9.5) - N/A Operating Loss
Slide 9: Margin Analysis
Margin Analysis Cost of Sales 100% Marketing 90% 49.1% Selling & Distribution 52.8% 80% Administration 70% Others Income Tax 60% Net Profit 22.0% 26.2% 50% 5.1% 40% 5.5% Others 30% Others ‐6.2% 1.3% 43.5% 39.0% 20% Income Tax 10% ‐0.9% 0% Income Tax ‐2.4% 1H2018 1H2019 Revenue: HK$136.7M HK$157.2M 9
Slide 10: Revenue Breakdown by Regions
Revenue Breakdown by Regions 1H2018 1H2019 1.5% 4.0% 0.3% 9.9% 1.7% 2.5% 51.3% 29.1% 54.7% 20.2% 14.5% 10.3% HK$136.7M HK$157.2M U.S.A. Other Americas Europe Australasia Asia Others 10
Slide 11: Financial Performance: Balance Sheet Highlights
Financial Performance Balance Sheet Highlights HK$ Million 30/6/2018 30/6/2019 Inventories 17.4 18.6 Trade Receivables 40.3 31.9 Cash & Bank Balances 1,011.9 1,065.1 Net Current Assets 937.4 950.2 Net Assets 984.6 1,001.5 Net Asset per Share (HK$) 0.83 0.85 Gearing Ratio 0.0 0.0 Current Ratio 5.7 5.
Slide 12: Looking Forward
Looking Forward 12
Slide 13: Looking Forward
Looking Forward Expect macroeconomic uncertainties and competitive pressure to persist and intensify in 2nd half 2019 Rise of the Teenage Mutant Ninja Turtles - season 2 to premiere in Fall 2019 Ben 10 - product line extensions in active development for 2019 and 2020 ZAG HEROEZ: Power Players - bran
Slide 14: TMNT 35th Anniversary!
TMNT 35th Anniversary! TMNT celebrating its 35th anniversary! Nickelodeon’s Rise of the Teenage Mutant Ninja Turtles TV Show and our TMNT toys rolling out across many international markets Season 2 scheduled to premiere in Fall 2019, supported by continued flow of digital content Confident in TMNT a
Slide 15: Cartoon Network's Ben 10 animated TV series
Cartoon Network’s Ben 10 animated TV series continues to be popular in US and in many international markets Actively developing product line extensions 15
Slide 16: Master toy rights of ZAG HEROEZ: Power Players
Playmates secured master toy rights of ZAG HEROEZ: Power Players Brand new show scheduled to debut on Cartoon Network in Fall 2019 Multi-segment toy line in development to launch in early 2020 Initial shipments may occur in late 2019 16
Slide 17: Godzilla vs. Kong
Godzilla vs. Kong, legendary, Toho and Warner Bros. bring together Godzilla and King Kong in on-screen battle in 2020 Full toy line for Godzilla vs. Kong blockbuster movie immerse kids in epic monster battle play
Slide 18: Pikwik, brand new pre-school series
Pikwik, brand new pre-school series, collaborate with Toronto- based Guru Studio Complete line of figures, playsets, vehicles, plush and role play toys scheduled to launch in 2020 18
Slide 19: Thank You!
Playmates Toys Limited Thank You!