Playmates Holdings Limited logo

Playmates Holdings Limited

0635.HK

HKSEConsumer CyclicalLeisure

Latest quote

HK$0.50

+HK$0.02 · +4.17%

Aug 25, 4:08 PM HKT

0635.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Playmates Holdings Limited functions as an investment holding enterprise, predominantly centered on the ideation, manufacturing, promotion, and worldwide distribution of playthings. Its operational footprint extends across Hong Kong, the Americas, Europe, and the broader Asia Pacific region. The company manages its diverse activities through three principal divisions: Property Investments and Associated Businesses, Investment Business, and the Toy Business. The Property Investments and Associated Businesses unit is involved in the acquisition and leasing of commercial, industrial, and residential properties, in addition to furnishing extensive property management solutions like maintenance, security, common area cleaning, premises handovers, and supervising renovation and refurbishment efforts. The Investment Business arm allocates capital to various financial instruments, including publicly traded equities and expertly managed funds. Meanwhile, the Toy Business division focuses on conceptualizing, developing, marketing, and supplying toys and entertainment products for families. Playmates Holdings Limited, founded in 1966, is headquartered in Tsim Sha Tsui, Hong Kong.

Industry
Leisure
Sector
Consumer Cyclical
Headquarters
HK
CEO
Kwong Fai Chan
Listed since
Jan 6, 1994
Employees
86

Market position

Day range

Current HK$0.50

52-week range

Current HK$0.50

Open
HK$0.485
Previous close
HK$0.48
Volume
530K
4.84× average
Average volume
109.5K
Average daily volume
Market cap
1.03B HKD
Beta
-0.12
Market reference 1
50-day average
HK$0.4673
+7.00% above average
200-day average
HK$0.4969
+0.63% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
134.04M HKD
P/E (TTM)
-4.18×
P/B (TTM)
0.23×
P/S (TTM)
1.54×
EV / EBITDA
2.06×
Earnings yield
-35.38%
Free cash flow yield
8.67%
Dividend yield
9.00%

Profitability & efficiency

Gross margin
62.33%
Operating margin
-18.49%
Net margin
-36.87%
Return on equity
-7.94%
Return on assets
-6.60%
Return on invested capital
-7.28%

Financial health

Debt / equity
0.03×
Current ratio
3.83×
Altman Z-score
1.84
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends74%26%-22%-69%Gross margin, FY2021: 60.86%Gross margin, FY2022: 60.87%Gross margin, FY2023: 61.66%Gross margin, FY2024: 59.10%Gross margin, FY2025: 57.79%Operating margin, FY2021: 1.61%Operating margin, FY2022: -17.73%Operating margin, FY2023: 11.06%Operating margin, FY2024: -30.36%Operating margin, FY2025: -57.55%Net margin, FY2021: -5.74%Net margin, FY2022: -29.57%Net margin, FY2023: 0.81%Net margin, FY2024: -35.00%Net margin, FY2025: -54.45%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 60.86%. Gross margin FY2022 60.87%. Gross margin FY2023 61.66%. Gross margin FY2024 59.10%. Gross margin FY2025 57.79%. Operating margin FY2021 1.61%. Operating margin FY2022 -17.73%. Operating margin FY2023 11.06%. Operating margin FY2024 -30.36%. Operating margin FY2025 -57.55%. Net margin FY2021 -5.74%. Net margin FY2022 -29.57%. Net margin FY2023 0.81%. Net margin FY2024 -35.00%. Net margin FY2025 -54.45%.

Income trends

Revenue

665.23M HKD-39.09%

Operating income

−382.82M HKD-15.46%

Net income

−362.19M HKD+5.25%
Income trends across reported periods1.44B HKD775.27M HKD113.51M HKD−548.26M HKDRevenue, FY2021: 860.76M HKDRevenue, FY2022: 719.63M HKDRevenue, FY2023: 1.27B HKDRevenue, FY2024: 1.09B HKDRevenue, FY2025: 665.23M HKDOperating income, FY2021: 13.83M HKDOperating income, FY2022: −127.6M HKDOperating income, FY2023: 140.59M HKDOperating income, FY2024: −331.55M HKDOperating income, FY2025: −382.82M HKDNet income, FY2021: −49.43M HKDNet income, FY2022: −212.78M HKDNet income, FY2023: 10.34M HKDNet income, FY2024: −382.28M HKDNet income, FY2025: −362.19M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 860.76M HKD. Revenue FY2022 719.63M HKD. Revenue FY2023 1.27B HKD. Revenue FY2024 1.09B HKD. Revenue FY2025 665.23M HKD. Operating income FY2021 13.83M HKD. Operating income FY2022 −127.6M HKD. Operating income FY2023 140.59M HKD. Operating income FY2024 −331.55M HKD. Operating income FY2025 −382.82M HKD. Net income FY2021 −49.43M HKD. Net income FY2022 −212.78M HKD. Net income FY2023 10.34M HKD. Net income FY2024 −382.28M HKD. Net income FY2025 −362.19M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue665.23M HKD1.09B HKD1.27B HKD719.63M HKD860.76M HKD
Cost of goods sold280.8M HKD446.74M HKD487.51M HKD281.57M HKD336.88M HKD
Gross profit384.43M HKD645.48M HKD784.08M HKD438.06M HKD523.88M HKD
Research and development18.35M HKD18.99M HKD
Selling, general, and administrative327.92M HKD437.17M HKD459.37M HKD264.64M HKD305.93M HKD
Operating expenses767.25M HKD977.03M HKD643.5M HKD565.66M HKD510.05M HKD
Interest income40.2M HKD55.34M HKD36.09M HKD11.22M HKD835K HKD
Interest expense7.85M HKD14.49M HKD20.92M HKD16.93M HKD13.51M HKD
Depreciation and amortization8.42M HKD12.36M HKD13.02M HKD13.31M HKD14.84M HKD
Operating income−382.82M HKD−331.55M HKD140.59M HKD−127.6M HKD13.83M HKD
Net income−362.19M HKD−382.28M HKD10.34M HKD−212.78M HKD−49.43M HKD

Company facts updated Aug 25, 2026.

Earnings

Latest EPS result
-0.08

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.090.01-0.07-0.15Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q4 '25
Q4 2021, reported Dec 31, 2021: actual 0.007, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 19, 2022: actual -0.028, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 10, 2023: actual -0.074, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 25, 2023: actual 0.046, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 15, 2024: actual -0.042, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 23, 2024: actual -0.077, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 14, 2025: actual -0.108, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Dec 31, 2025: actual -0.076, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates884.88M690.12M495.37M300.62MQ4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q4 '25
Q4 2021, reported Dec 31, 2021: actual 533.69M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 19, 2022: actual 378.72M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 10, 2023: actual 340.91M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 25, 2023: actual 427.01M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 15, 2024: actual 844.58M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 23, 2024: actual 526.67M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 14, 2025: actual 565.55M HKD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Dec 31, 2025: actual 404.12M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.045

2025 complete year-40.0% since 2021

2026 partial: HK$0.03

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 4, 2026

HK$0.015

Annual

Record Sep 8, 2026 · Payment Sep 25, 2026

Dividend

Ex-dividend Apr 1, 2026

HK$0.03

Special

Record Apr 2, 2026 · Payment Apr 24, 2026

Dividend

Ex-dividend Aug 28, 2025

HK$0.015

Annual

Record Aug 29, 2025 · Payment Sep 19, 2025

Dividend

Ex-dividend Apr 2, 2025

HK$0.03

Special

Record Apr 3, 2025 · Payment Apr 24, 2025

Dividend

Ex-dividend Sep 5, 2024

HK$0.015

Annual

Record Sep 6, 2024 · Payment Sep 27, 2024

Dividend

Ex-dividend Apr 3, 2024

HK$0.03

Special

Record Apr 5, 2024 · Payment Apr 24, 2024

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