Added to YB: 2025-01-22
Pitch date: 2025-01-21
0635.HK [bullish]
Playmates Holdings Limited
+1.16%
current return
Author Info
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Company Info
Playmates Holdings Limited, an investment holding company, engages in the creation, design, marketing, and distribution of toys in Hong Kong, the United States, rest of the Americas, Europe, the rest of the Asia Pacific, and internationally.
Market Cap
HKD 1.1B
Pitch Price
HKD 0.52
Price Target
N/A
Dividend
8.65%
EV/EBITDA
1.71
P/E
-4.38
EV/Sales
0.44
Sector
Leisure Products
Category
value
PLAYMATES - $0635.HK
0635.HK: US$150m mkt cap. Key assets: US$55m stake in Playmates Toys (0869.HK, 2.6x P/E), US$600m property. 7.6% div yield, debt down to US$24m. Potential privatization catalyst. Family owns 71.74%. Risks: privatization at discount, poor property disclosures. Trades below NAV. Cyclical toy biz, property values down.
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