Playmates Toys Limited · HKEX:869
Playmates Toys — FY2013 Earnings Presentation
22 slides from Playmates Toys's earnings presentation, Mar 27, 2014
Slide 1: Playmates Toys Limited 2013 Full Year Results Briefing
Playmates Toys Limited 2013 Full Year Results Briefing 27 March 2014
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 Our Prospects Growth Drivers 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 2013: Clearer signs of economic recovery in key markets: US and Europe US consumer confidence at highest year-end level since 2007 NPD reported US retail toy $ sales down by about 1% due to shorter holiday shopping season * US Super-categories: UP -
Slide 8: Playmates Toys: Our 2013 results driven by
Playmates Toys Our 2013 results driven by: Strong Entertainment: Nickelodeon’s TMNT TV show continued to score top ratings among kids Strong Product Execution: TMNT toys are top- sellers in all key Action Figure sub-categories: Figure, Vehicle & Accessories, and Role Play Strong Distribution: TMNT p
Slide 9: Financial Highlights: Income Statement
Financial Highlights Income Statement (HK$ Million) 2012 2013 13/12 Turnover 371.6 1,658.5 4.5 x Gross Profit 224.0 1,041.7 4.7 x Marketing (75.9) (289.0) 3.8 x Selling & Distribution (19.4) (82.3) 4.2 x Administration (76.5) (123.9) 1.6 x Operating Profit 52.2 546.5 10.5 x Profit before taxation 43
Slide 10: Financial Highlights: Balance Sheet
Financial Highlights Balance Sheet (HK$ Million) 31/12/12 31/12/13 Inventories 21.8 37.0 Trade Receivables 177.3 411.8 Cash & Bank Balances 161.5 519.6 Net Current Assets 178.2 695.7 Net Assets 191.4 751.7 Net Asset per Share (HK$) 0.17 0.64 Gearing Ratio 0.00 0.00 Current Ratio 1.94 3.37 10
Slide 11: Revenue Breakdown by Regions
Revenue Breakdown by Regions 2012 2013 0.3% 3.1% 4.1% 2.1% 5.4% 9.8% 21.5% 81.4% 67.2% 5.1% U.S.A. Other Americas Europe Australasia Others 11
Slide 12: Margin Analysis
Margin Analysis 100% Cost of Sales 90% 37.19% Marketing 39.71% 80% Selling & distribution 70% 60% 17.42% Administration 20.42% 50% 4.96% Others 5.23% 7.47% 40% 0.42% 0.38% Income Tax 30% 20.59% 32.16% Net Profit 20% 2.24% 11.81% 0.13% 10% 0% 2012 Revenue 2013 Revenue HK371.6M HK1658.5M 12
Slide 13: Our Prospects
Our Prospects Reoracnesns<|'c-scom Changing the World One a ata Timel 13
Slide 14: 2014 Growth Drivers
2014 Growth Drivers Strong Viacom entertainment pipeline Distribution to cover key Asian markets Strong Playmates product pipeline 14
Slide 15: 2014 Entertainment Pipeline
2014 Entertainment Pipeline Season 2 of TMNT TV show introduces new storylines & new characters – with strong cross-platform promotional backing Paramount’s TMNT movie to begin global rollout in August 2014 Season 3 of TV show to start in Fall 2014 More to come… 15
Slide 16: TMNT Global Distribution Coverage
TMNT Global Distribution Coverage 2012 2013 2014 16
Slide 17: 2014 Global Reach
2014 Global Reach TMNT products already reached over 70 countries across the world China launch in 2014 Q2 by leading toy marketing and animation company with national distribution network Japan launch in 2014 Q2 by distribution partner with successful track record 17
Slide 18: TMNT Launch in China & Japan
TMNT Launch in China & Japan 18
Slide 19: China Launch 2014 Q2
China Launch 2014 Q2 Season 1 of TMNT TV show premiered on CCTV-14 on 18 October 2013 Pop singers perform localized theme song Digital contents downloadable from WWW gateways: Tencent-v.QQ; tv.Sohu, and more Regional broadcast rollout to begin with Shanghai – Toonmax and Guangdong – TVS-5 TMNT Movie
Slide 20: Japan Launch 2014 Q2
Japan Launch 2014 Q2 TMNT TV show Seasons 1 and 2 to premiere on TV-Tokyo on 4 April Pop rock group “GReeeeN” performs localized theme song Public launch event at Omotesando-Hills on 30 March TMNT Movie in theaters in December Products on shelf starting Q2 20
Slide 21: 2014 Product Pipeline
2014 Product Pipeline Refresh and extend core product categories Themed products tied to TMNT movie Introduce new segments: Z-Line Ninjas “Pre-Cool” Half-Shell Heroes 2015 program in active development 21
Slide 22: Playmates Toys Limited – Thank You
Playmates Toys Limited Thank You!