Company DescriptionPlaymates Toys Limited, an investment holding company, engages in the design, development, marketing, and distribution of toys and family entertainment activity products. The company offers its products under the Godzilla vs. Kong, Miraculous, Spy Ninjas, Vlad & Niki, Pikwik Pack, Billie Eilish, Disney, Classic Godzilla Titans, Miraculous Ladybug, and TMNT vs Cobra Kai brands. It has operations in Hong Kong, the United States, Europe, the Asia Pacific, and internationally. The company was founded in 1966 and is based in Tsimshatsui, Hong Kong. Playmates Toys Limited is a subsidiary of PIL Toys Limited.

How the Company Makes Money

Playmates Toys Financial Statement Overview

Summary

Playmates Toys exhibits a mixed financial performance. The balance sheet is strong with low leverage and a high equity ratio, indicating stability. However, the income statement shows a decline in revenue and profitability margins, reflecting growth challenges. Positive cash flow supports operations but has decreased, affecting financial flexibility.

Income Statement

Positive

Playmates Toys showed a declining total revenue from 2023 to 2024, decreasing by approximately 16.1%. The gross profit margin improved slightly to 53.73% in 2024 from 57.39% in 2023. However, the net profit margin declined to 14.13% from 20.16%. Despite the drop in revenue, the company maintained a positive EBIT margin of 10.12% and EBITDA margin of 10.19% in 2024, indicating operational efficiency.

Balance Sheet

Positive

The company maintains a strong balance sheet with a low debt-to-equity ratio of 0.01 in 2024, showcasing low leverage risk. The equity ratio stands at 84.31%, indicating strong financial stability. The return on equity (ROE) is 10.96% in 2024, which is decent but shows a decline from previous years, reflecting reduced profitability on shareholders' equity.

Cash Flow

Positive

Operating cash flow decreased by 37.6% from 2023 to 2024, impacting the cash flow score. However, the company generated a stable free cash flow consistent with its net income, as seen in an operating cash flow to net income ratio of 0.58 and a free cash flow to net income ratio of 0.58 in 2024. The cash flow remains positive, which supports ongoing operations and potential reinvestment.

Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Breakdown
Income Statement		Total Revenue
931.33M	1.11B	504.25M	625.11M	289.24M
	Gross Profit
500.47M	636.74M	235.71M	303.52M	142.01M
	EBIT
94.29M	209.85M	34.53M	37.76M	-30.53M
	EBITDA
191.06M	273.98M	26.51M	44.65M	-11.58M
	Net Income Common Stockholders
131.63M	223.75M	9.72M	42.98M	-30.06M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.13B	1.07B	986.51M	965.24M	956.96M
	Total Assets
1.43B	1.57B	1.18B	1.26B	1.09B
	Total Debt
11.36M	20.23M	28.44M	22.32M	11.68M
	Net Debt
-1.03B	-982.59M	-899.49M	-871.68M	-938.26M
	Total Liabilities
224.01M	404.19M	190.54M	263.83M	138.86M
	Stockholders Equity
1.20B	1.16B	986.80M	995.20M	951.74M
Cash Flow		Free Cash Flow
76.48M	122.53M	66.73M	25.12M	-43.94M
	Operating Cash Flow
76.87M	123.17M	67.02M	25.31M	-43.18M
	Investing Cash Flow
208.08M	-607.73M	-5.34M	-71.97M	1.69M
	Financing Cash Flow
-104.55M	-56.18M	-32.98M	-8.93M	-8.36M

Playmates Toys Peers Comparison

Overall Rating

UnderperformOutperform

Sector (62)

Financial Indicators

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PMTYF		$79.73M	3.36	11.10%	21.38%	―	―
Sector *	62 Neutral	$6.88B	11.32	2.90%	3.87%	2.70%	-24.57%
1005	50 Neutral	HK$453.72M	―	-43.56%	4.17%	-36.06%	-190.94%
0114	48 Neutral	HK$293.18M	63.82	0.75%	12.37%	-19.10%	-90.12%
3830	48 Neutral	HK$44.00M	―	-18.04%	―	1.11%	36.36%
0381	41 Neutral	HK$465.70M	3.10	-36.53%	―	0.71%	-130.99%
6918	40 Underperform	HK$74.95M	―	-19.60%	―	64.02%	42.01%

* Consumer Cyclical Sector Average

Performance Comparison

PMTYF

Playmates Toys

0.05

>-0.01

-16.67%

HK:1005

Matrix Holdings Limited

0.60

-0.16

-21.05%

HK:0114

Herald Holdings Limited

0.48

0.11

29.73%

HK:0381

Kiu Hung International Holdings Limited

0.59

0.45

321.43%

HK:3830

Kiddieland International Ltd.

0.04

0.00

0.00%

HK:6918

Kidztech Holdings Ltd.

0.12

-0.02

-14.29%

Glossary

OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.

NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.

UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.