Gifts / Sports & Toys

Kaizhile International (02122.HK) announced that for the year ended December 31, 2020, the company's revenue was 1.375 billion yuan, a year-on-year decrease of 19.6%; a loss of 130 million during the period and a loss of 79.48 million in the same period last year; a loss per share 15.89 points.

During the period, revenue from self-operated retail channels fell by 12.8% to approximately RMB1.066 billion, as the Group's retail business was severely affected by the COVID-19 outbreak during the reporting period. Revenue from the wholesale channel dropped by 36.7% to approximately RMB308 million, as the recovery of sales from the wholesale channel affected by COVID-19 was slower than that of the self-operated retail channel.

In addition, online store revenue rose by 5.9% to approximately 49 million yuan.

Kaizhile International Holdings Co., Ltd. (Kidsland, 02122.HK), the toy company acting for Lego's business in Mainland China and Hong Kong, was listed on the Hong Kong Stock Exchange on November 10, 2017. The company issued 200 million shares at an issue price of 1.5-2.2 Hong Kong dollars per share. According to a report by Euromonitor, a well-known research institution, ChemChina was the largest toy retailer in China in 2016 in terms of retail sales value, accounting for approximately 14% of the market share.

After the FAO Schwarz flagship store was reopened in New York in November 2018, it achieved great success, and then opened a store in Beijing, China. The leading domestic toy retailer and agent kidsland will be an internationally renowned toy store with a history of 157 years. The brand FAO Schwarz was introduced to China, and Asia's first boutique toy flagship store settled in Beijing International Trade Commercial District. Its over 2,600 square meters and nearly 50 brands of toy experience space set a record for the largest single toy store in Beijing’s CBD landmark, China World Trade Center.

The company's 2016 revenue reached 1.64 billion yuan, an increase of about 5% year-on-year. Among them, the revenue of baby products grew faster, with a year-on-year growth of 26.1% in 2016 compared to 2015. The company's gross profit margin from 2014 to 2016 was 46.7. %/50.2%/49.9%.

In fiscal year 2014, fiscal year 2015, fiscal year 2016, and the four months ended April 30, 2017, Kaizhile’s revenue was HK$1.325 billion, HK$1.561 billion, HK$1.638 billion, and HK$567 million, respectively. Profits for the period were HK$101 million, HK$109 million, HK$89.986 million, and HK$25.577 million respectively.