EF001 免責聲明 | 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因 公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | 彩星玩具有限公司 | | 股份代號 | 00869 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至二零二五年六月三十日止六個月之中期股息 | | 公告日期 | 2025年8月15日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 中期（半年期） | | 股息性質 | 普通股息 | | 財政年末 | 2025年12月31日 | | 宣派股息的報告期末 | 2025年6月30日 | | 宣派股息 | 每 股 0.01 HKD | | 股東批准日期 | 不適用 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | 每 股 0.01 HKD | | 匯率 | 1 HKD : 1 HKD | ...

[Management Discussion and Analysis](index=1&type=section&id=Management%20Discussion%20and%20Analysis) [Performance Overview](index=1&type=section&id=Performance%20Overview) In H1 2025, the company's revenue sharply declined by **58% to HKD 186 million**, resulting in a **net loss of HKD 25.6 million** due to a high prior-year base, slower core brand demand, and trade tensions, with gross margin also pressured by tariffs and increased costs Key Financial Indicators for H1 2025 | Indicator | H1 2025 (HKD Thousands) | H1 2024 (HKD Thousands) | YoY Change | | :--- | :--- | :--- | :--- | | Revenue | 185,514 | 445,141 | -58.3% | | Gross Profit | 79,360 | 249,447 | -68.2% | | Operating (Loss)/Profit | (45,293) | 68,435 | N/A | | (Loss)/Profit Attributable to Owners of the Company | (25,610) | 91,458 | N/A | | Basic (Loss)/Earnings Per Share | (2.17) HK Cents | 7.75 HK Cents | N/A | | Interim Dividend Per Share | 1.00 HK Cents | 2.00 HK Cents | -50.0% | - Three main reasons for revenue decline include: (i) decreased shipments of **Godzilla x Kong** products due to fading movie effects; (ii) slower demand for the **Ninja Turtles** brand due to a lack of major entertainment events; and (iii) **trade tensions** hindering product shipments to the US market[2](index=2&type=chunk) - Gross margin decreased from **56%** in the prior period to **43%**, primarily affected by **US tariffs**, increased **development costs** for new products, and **clearance costs** for discontinued products[3](index=3&type=chunk) - The company anticipates **ongoing challenges** from global trade changes, with **current tariff measures** negatively impacting profitability, and is evaluating **alternative sourcing options** while planning **selective price adjustments** to mitigate some effects[4](index=4&type=chunk) [Brand Overview and Development](index=2&type=section&id=Brand%20Overview%20and%20Development) The company is actively developing new product lines for core IPs, including a **Ninja Turtles** series, newly acquired global licensing for **Hasbro's Power Rangers** with positive reception, and new toy series for **Godzilla x Kong** and **Winx** aligned with upcoming media content - **Ninja Turtles**: A **four-season series** is being produced to connect the movie and its **2027 sequel**, with the company actively developing **new products** to align with the content release[5](index=5&type=chunk) - **Power Rangers**: A **global licensing agreement** has been signed with **Hasbro** to develop the **Mighty Morphin Power Rangers: Re-Ignition** toy series, with initial products shipped and **positive preliminary consumer response**[6](index=6&type=chunk) - **Godzilla x Kong**: As a **major global toy licensee**, the company will continue to **develop and expand its product series**[7](index=7&type=chunk) - **Winx**: To coincide with the reboot series premiering on **Netflix** in **October 2025**, a **new fashion doll and role-play toy series** will be launched this autumn[8](index=8&type=chunk) [Condensed Consolidated Financial Information](index=3&type=section&id=Condensed%20Consolidated%20Financial%20Information) [Condensed Consolidated Statement of Profit or Loss](index=3&type=section&id=Condensed%20Consolidated%20Statement%20of%20Profit%20or%20Loss) For H1 2025, the company reported revenue of **HKD 186 million**, a **58.3% decrease**, resulting in an **operating loss of HKD 45.29 million** and a **net loss of HKD 25.61 million** due to reduced revenue and gross margin H1 2025 Statement of Profit or Loss Summary | Item (HKD Thousands) | H1 2025 | H1 2024 | | :--- | :--- | :--- | | Revenue | 185,514 | 445,141 | | Gross Profit | 79,360 | 249,447 | | Operating (Loss)/Profit | (45,293) | 68,435 | | (Loss)/Profit Before Income Tax | (15,517) | 117,420 | | (Loss)/Profit Attributable to Owners of the Company | (25,610) | 91,458 | [Condensed Consolidated Statement of Financial Position](index=4&type=section&id=Condensed%20Consolidated%20Statement%20of%20Financial%20Position) As of June 30, 2025, the company's **total assets were HKD 1.32 billion**, with **net assets of HKD 1.10 billion** and **net current assets of HKD 1.07 billion**, indicating a **strong financial position** with **HKD 1.03 billion in cash and bank balances** Statement of Financial Position Summary | Item (HKD Thousands) | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Total Assets | 1,320,066 | 1,425,132 | | Total Liabilities | 215,294 | 224,010 | | Net Assets | 1,104,772 | 1,201,122 | | Cash and Bank Balances | 1,028,781 | 1,043,325 | | Trade Receivables | 44,435 | 136,670 | [Notes to the Condensed Consolidated Financial Information](index=5&type=section&id=Notes%20to%20the%20Condensed%20Consolidated%20Financial%20Information) Notes reveal a **single business segment**, significant revenue decline in the **Americas**, **high customer concentration**, decreased **other income** due to lower investment and interest gains, and a **50% reduction in interim dividend** to **HKD 0.01 per share** [Revenue and Segment Information](index=5&type=section&id=Revenue%20and%20Segment%20Information) The company operates in a **single segment** (toys and home entertainment), with the **Americas** as the primary but significantly declining revenue source, **European revenue halved**, and **high customer concentration** where the **top three clients account for approximately 71% of total revenue** Revenue by Region (HKD Thousands) | Region | H1 2025 | H1 2024 | | :--- | :--- | :--- | | United States | 131,459 | 309,454 | | Other Americas | 20,217 | 25,826 | | Europe | 31,351 | 90,536 | | Other Asia Pacific excluding Hong Kong | 2,487 | 18,549 | - The Group has **three major customers** whose transactions account for **over 10% of total revenue**, with sales revenue of approximately **HKD 56.57 million**, **HKD 51.05 million**, and **HKD 24.01 million**, respectively[18](index=18&type=chunk) [Net Other Income](index=6&type=section&id=Net%20Other%20Income) Net other income decreased from **HKD 50.82 million** to **HKD 30.72 million**, primarily due to reduced **unrealized and realized gains from financial assets** and **lower interest income** Net Other Income Details (HKD Thousands) | Item | H1 2025 | H1 2024 | | :--- | :--- | :--- | | Net Gains from Financial Assets | 9,009 | 20,742 | | Interest Income | 21,149 | 29,811 | | **Total** | **30,718** | **50,822** | [Dividends](index=8&type=section&id=Dividends) The Board declared an **interim dividend of HKD 0.01 per share** for H1 2025, a **50% reduction** from **HKD 0.02 per share** in the prior period - The Board resolved to declare an **interim dividend** of **HKD 0.01 per share**, compared to **HKD 0.02 per share** in the prior period[23](index=23&type=chunk) [Loss/Earnings Per Share](index=9&type=section&id=Loss%2FEarnings%20Per%20Share) Due to the company's shift from profit to loss, **basic loss per share was HKD 0.0217**, compared to **basic earnings per share of HKD 0.0775** in the prior period - **Basic loss per share** was **HKD 0.0217**, calculated based on the loss attributable to owners of the company of **HKD 25.61 million**[26](index=26&type=chunk) [Trade Receivables](index=9&type=section&id=Trade%20Receivables) Trade receivables significantly decreased from **HKD 137 million** to **HKD 44.44 million**, reflecting lower H1 sales, with approximately **85% of receivables aged within 60 days** Trade Receivables Aging Analysis (HKD Thousands) | Aging | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | 0 to 60 days | 37,981 | 89,307 | | 61 to 90 days | 5,334 | 35,777 | | Over 90 days | 1,120 | 11,586 | | **Total** | **44,435** | **136,670** | [Financial Analysis and Other Information](index=11&type=section&id=Financial%20Analysis%20and%20Other%20Information) [Financial Analysis](index=11&type=section&id=Financial%20Analysis) The Group maintains a **robust financial position** with a **current ratio of 6.0** and **HKD 1.03 billion in cash**, holding an **HKD 85.04 million listed securities portfolio** (6.4% of total assets), with **USD sales naturally hedged** by the HKD-USD peg - As of **June 30, 2025**, the Group's **current ratio was 6.0**, with ample cash and bank balances of **HKD 1.029 billion**[30](index=30&type=chunk) - The treasury investment portfolio was valued at **HKD 85.04 million**, representing **6.4% of total assets**, with top ten holdings including **NVIDIA**, **Amazon**, **Microsoft**, **Tencent Holdings**, and **Alibaba**[31](index=31&type=chunk) [Share Repurchases and Corporate Governance](index=11&type=section&id=Share%20Repurchases%20and%20Corporate%20Governance) During the period, the **share award scheme trustee purchased 3 million shares** in the open market, and while the company largely complied with corporate governance codes, the **roles of Chairman and CEO are not separated**, though the Board deems the current structure appropriate - During the period, the trustee of the **share award scheme** purchased a total of **3 million shares** in the open market for a total consideration of approximately **HKD 1.68 million**[33](index=33&type=chunk) - The company did not comply with **Corporate Governance Code Provision C.2.1**, which stipulates that the roles of **Chairman and Chief Executive Officer** should be **separate**; however, the Board believes the current structure, where **executive directors jointly manage daily operations**, ensures **effective management**[34](index=34&type=chunk)

Core Viewpoint - The company, Cai Xing Toys (00869), has issued a profit warning, anticipating a significant decline in revenue and a net loss for the upcoming financial period [1] Financial Performance - The company expects unaudited revenue for the six months ending June 30, 2025, to be approximately HKD 186 million, a decrease from HKD 445 million in the same period of 2024 [1] - The anticipated net loss is around HKD 26 million, contrasting with a net profit of HKD 91 million in the same period of 2024 [1] Reasons for Decline - The board attributes the revenue decrease primarily to a decline in product shipments for "Godzilla vs. Kong" as expected [1] - The "Teenage Mutant Ninja Turtles" brand lacks major entertainment events to drive demand, leading to a slowdown in the product series [1] - Increased costs related to product development, molds, and media production in preparation for new product launches have also contributed to the financial outlook [1] - Trade tensions have hindered shipments to the U.S. market since April, and tariffs on imported goods to the U.S. have been implemented since the second quarter of this year [1]

智通财经APP获悉，彩星玩具(00869)跌超3%，截至发稿，跌3.28%，报0.59港元，成交额120.01万港 元。 董事会认为，收入减少主要是由于"哥斯拉X金刚"的产品付运量按预期回落；"忍者龟"品牌并无大型娱 乐活动推动，致使"忍者龟"产品系列需求放缓；及为配合即将推出的新产品做准备，产品开发、模具及 媒体制作费用增加；由于贸易紧张局势加剧，今年4月付运至美国市场的货品受到阻碍，并自今年第二 季起需支付对进口美国的商品所实施的关税等。 消息面上，彩星玩具发盈警，预期集团2025年6月30日止6个月的未经审核收入约1.86亿港元，相对于 2024年同期的收入为4.45亿港元；预期集团取得净亏损约2600万港元，相对于2024年同期净溢利9100万 港元。 ...

Core Viewpoint - 彩星玩具 (00869) has issued a profit warning, expecting significant declines in revenue and net profit for the six months ending June 30, 2025 compared to the same period in 2024 [1] Financial Performance - The company anticipates unaudited revenue of approximately HKD 186 million for the six months ending June 30, 2025, down from HKD 445 million in the same period of 2024 [1] - The expected net loss is around HKD 26 million, contrasting with a net profit of HKD 91 million in the same period of 2024 [1] Reasons for Decline - The board attributes the revenue decrease primarily to a decline in product shipments for "Godzilla vs. Kong" [1] - The "Teenage Mutant Ninja Turtles" brand lacks major entertainment events to drive demand, leading to a slowdown in the product series [1] - Increased costs related to product development, molds, and media production in preparation for upcoming new products [1] - Trade tensions have hindered shipments to the U.S. market since April, and tariffs on imported goods to the U.S. have been implemented since the second quarter of this year [1]

Core Viewpoint - The company expects a significant decline in revenue and a net loss for the first half of 2025 compared to the same period in 2024, primarily due to various market and operational challenges [1] Revenue Summary - The company anticipates unaudited revenue of approximately HKD 186 million for the six months ending June 30, 2025, down from HKD 445 million in the same period of 2024 [1] - The decrease in revenue is attributed to the lack of a major film release like "Godzilla x Kong: New Empire" in March 2024, which previously boosted sales [1] - The demand for the "Teenage Mutant Ninja Turtles" product line has slowed due to the absence of significant entertainment events [1] Net Loss Summary - The company expects to incur a net loss of approximately HKD 26 million for the first half of 2025, compared to a net profit of HKD 91 million in the same period of 2024 [1] - Increased costs related to product development, molds, and media production in preparation for new product launches have contributed to the expected losses [1] Market and Trade Challenges - Trade tensions have intensified, causing delays in shipments to the U.S. market starting from April 2025, along with the introduction of tariffs on imported goods [1] - The company's treasury investments in listed securities yielded unrealized and realized net gains of approximately HKD 9 million, down from HKD 21 million in the same period of 2024 [1]

Core Viewpoint - The company, 彩星玩具 (00869.HK), reported a significant decline in revenue and is expected to incur a net loss for the six months ending June 30, 2025, compared to the same period in 2024 [1] Financial Performance - The unaudited revenue for the period is approximately HKD 186 million, a decrease from HKD 445 million in the same period of 2024 [1] - The expected net loss is around HKD 26 million, contrasting with a net profit of HKD 91 million in 2024 [1] Reasons for Performance Decline - The revenue decline is attributed to several factors: 1. The company did not benefit from the release of the movie "Godzilla x Kong: New Empire" in March 2024, leading to a decrease in product shipments related to "Godzilla x Kong" [1] 2. The "Ninja Turtles" brand lacked major entertainment events to drive demand, resulting in a slowdown in the product series [1] 3. Increased expenses for product development, molds, and media production in preparation for upcoming new products [1] Market and Trade Conditions - Trade tensions have intensified, causing delays in shipments to the U.S. market starting from April 2025, along with the imposition of tariffs on imported goods from the second quarter of 2025 [1] Investment Performance - The company's treasury investments in listed securities recorded an unrealized and realized net gain of approximately HKD 9 million, down from HKD 21 million in the same period of 2024 [1]

按年比較的主要原因是由於： 本公司現正編製本集團截至該期間之中期財務報表。本公告所載資料僅屬董事會之 初步評估且並非根據任何獲本公司核數師審核或審閱之數字或資料作出。預期本集 團截至二零二五年六月三十日止之六個月之中期業績將於二零二五年八月十五日公 佈。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何部份內容而產生或 因倚賴該等內容而引致之任何損失承擔任何責任。 PLAYMATES TOYS LIMITED 彩星玩具有限公司* ( 於百慕達註冊成立之有限公司 ) (股份代號：869) 盈利警告 本公佈乃彩星玩具有限公司（「本公司」，連同其附屬公司為「本集團」）根據香 港聯合交易所有限公司證券上市規則（「上市規則」）第 13.09(2)(a)條及香港法例第 571 章證券及期貨條例第 XIVA 部之內幕消息條文（如上市規則所定義）而刊發。 謹此提述本公司日期為二零二五年五月七日之公佈（「上一份公佈」），關於本集 團截至二零二五年三月三十一日止三個月之未經審核業績。 本公司董事會（「董事會」）謹此通知本公司股東及投 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年7月31日 | | | | 狀態: 新提交 | | --- | --- | --- | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | | | | 公司名稱: | 彩星玩具有限公司 | | | | | | 呈交日期: | 2025年8月4日 | | | | | | I. 法定/註冊股本變動 | | | | | | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | 於香港聯交所上市 (註1) | 是 | | 證券代號 (如上市) | 00869 | 說明 | | | | | | | FF301 第 1 頁 共 10 頁 v 1.1.1 法定/註冊股份數目 面值 法定/註冊股本 上月底結存 3,000,000,000 HKD 0.01 HKD 30,000,000 增加 / 減少 (-) HKD 本月底結存 3,000,000,000 HKD 0.01 HKD 30,000,000 增加已發行股份（不包括庫存股份）: 普通股 (AA1) 減少庫存股份: 普 ...

格隆汇8月1日丨彩星玩具(00869.HK)宣布，公司将于2025年8月15日(星期五)上午十时正于香港九龙尖 沙咀广东道 100 号彩星集团大厦 11 楼举行董事会会议，藉以(其中包括)通过公司及其附属公司截至 2025年6月30日止六个月之中期业绩公布及其刊发，以及考虑派发中期股息(如有)。 ...