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An announcement from Playmates Toys ( (HK:0869) ) is now available.
Playmates Toys has announced that its existing licence with Viacom Media Networks to design, manufacture and sell Teenage Mutant Ninja Turtles products will not be renewed when it expires on 31 December 2026, after which sales must cease and remaining inventories cleared within 90 days. The TMNT range has been a significant but fluctuating revenue contributor, accounting for as much as 77% of group revenue in 2023 and 36% in the first half of 2025, so the loss of this licence could materially affect the company’s financial performance and product mix; management said it will assess the impact and focus on securing new licences while further developing other core lines, including Power Rangers, MonsterVerse and Winx.
The most recent analyst rating on (HK:0869) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Playmates Toys stock, see the HK:0869 Stock Forecast page.
More about Playmates Toys
Playmates Toys Limited is a Hong Kong–listed toy company that, through its subsidiaries, designs, manufactures, distributes and sells branded toy lines under licensing agreements. Its portfolio includes major entertainment properties such as Power Rangers, MonsterVerse and Winx, targeting global markets for character‑based toys and collectibles.
Average Trading Volume: 479,655
Technical Sentiment Signal: Sell
Current Market Cap: HK$601.8M
See more data about 0869 stock on TipRanks’ Stock Analysis page.