SEHK:869

Stock Analysis Report

Executive Summary

Playmates Toys Limited, an investment holding company, engages in the design, development, marketing, and distribution of toys and family entertainment activity products worldwide.

Rewards

Became profitable this year

Risk Analysis

Earnings have declined by -61.24% per year over past 5 years

Highly volatile share price over past 3 months

Does not have a meaningful market cap (HK$401M)



Snowflake Analysis

Mediocre balance sheet with questionable track record.

Share Price & News

How has Playmates Toys's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 869's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.9%

869

-1.2%

HK Leisure

2.9%

HK Market


1 Year Return

-61.0%

869

-28.0%

HK Leisure

-3.8%

HK Market

Return vs Industry: 869 underperformed the Hong Kong Leisure industry which returned -28.1% over the past year.

Return vs Market: 869 underperformed the Hong Kong Market which returned -2.9% over the past year.


Shareholder returns

869IndustryMarket
7 Day-2.9%-1.2%2.9%
30 Day-18.3%-7.0%-4.1%
90 Day-26.4%-10.9%2.9%
1 Year-61.0%-61.0%-24.8%-28.0%-0.2%-3.8%
3 Year-73.6%-75.7%-38.0%-42.1%15.3%3.7%
5 Year-75.7%-80.9%-50.3%-52.9%16.8%-2.7%

Price Volatility Vs. Market

How volatile is Playmates Toys's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Playmates Toys undervalued compared to its fair value and its price relative to the market?

35.28x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 869's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 869's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 869 is poor value based on its PE Ratio (35.3x) compared to the Leisure industry average (11x).

PE vs Market: 869 is poor value based on its PE Ratio (35.3x) compared to the Hong Kong market (10.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 869's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 869 is good value based on its PB Ratio (0.4x) compared to the HK Leisure industry average (0.8x).


Next Steps

Future Growth

How is Playmates Toys forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.7%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Playmates Toys has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Playmates Toys performed over the past 5 years?

-61.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 869 has high quality earnings.

Growing Profit Margin: 869 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 869's earnings have declined by -61.2% per year over the past 5 years.

Accelerating Growth: 869 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 869 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Leisure industry (-9.2%).


Return on Equity

High ROE: 869's Return on Equity (1.1%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Playmates Toys's financial position?


Financial Position Analysis

Short Term Liabilities: 869's short term assets (HK$1.1B) exceed its short term liabilities (HK$197.4M).

Long Term Liabilities: 869's short term assets (HK$1.1B) exceed its long term liabilities (HK$1.6M).


Debt to Equity History and Analysis

Debt Level: 869's debt to equity ratio (0.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 869's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 869's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 869's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: 869 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 869's debt is covered by short term assets (assets are 196.8x debt).


Next Steps

Dividend

What is Playmates Toys's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.2%markettop25%6.3%industryaverage5.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 869's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 869's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 869's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 869's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 869 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 869's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average board tenure


CEO

Playmates Toys has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Shu Sing To
Chairman2.8yrsHK$2.48m0.85% HK$3.4m
Bing Kin Cheng
Executive Director9.9yrsHK$1.37m0.15% HK$612.0k
Kong Chan
Executive Director2.8yrsHK$1.12mno data
Tran Vi-Hang
Executive Director0.5yrsno data0.085% HK$340.0k
Yu-Chun Chow
Independent Non-Executive Director12.6yrsHK$404.00k0.17% HK$692.9k
Ching Lee
Independent Non-Executive Director12.6yrsHK$404.00k0.16% HK$634.1k
Lam Wai Hon
Independent Non-executive Director0.5yrsno datano data

2.8yrs

Average Tenure

61yo

Average Age

Experienced Board: 869's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Playmates Toys Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Playmates Toys Limited
  • Ticker: 869
  • Exchange: SEHK
  • Founded: 1966
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Market Cap: HK$401.200m
  • Shares outstanding: 1.18b
  • Website: https://playmatestoys.com

Number of Employees


Location

  • Playmates Toys Limited
  • The Toy House
  • 23rd Floor
  • Tsimshatsui
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
869SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDFeb 2008
45PDB (Deutsche Boerse AG)YesOrdinary SharesDEEURFeb 2008
PMTY.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDFeb 2008

Biography

Playmates Toys Limited, an investment holding company, engages in the design, development, marketing, and distribution of toys and family entertainment activity products worldwide. It offers its products under the Rise of the Teenage Mutant Ninja Turtles, Ben 10, Kuroba, Super G, and Tiny Toes brands. The company was founded in 1966 and is based in Tsimshatsui, Hong Kong. Playmates Toys Limited is a subsidiary of PIL Toys Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 12:48
End of Day Share Price2020/02/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.