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Investor Presentation
February 2011
A Leader in the Plastic Injection
Molding Industry in China
2
Expected Top Line Growth of Over 20% / Bottom Line of Over 30% until 2013;
Income Opportunity from Dividend Payout
Long-standing Customer Relationships with Global,
Well-Recognized Consumer Brand Names
Focus on the Precision Plastic Injection Molding Business
Creates Industry Leading Margins
Plastec ~ Key Takeaways
3
Safe Harbor
This presentation may contain forward-looking statements within the meaning of the Private Securities Litigation Reform
Act of 1995 about the Company. Forward-looking statements are statements that are not historical facts. Such forward-
looking statements, based upon the current beliefs and expectations of the Company's management, are subject to
risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The following
factors, among others, could cause actual results to meaningfully differ from those set forth in the forward-looking
statements:
o Continued compliance with government regulations
o Changing legislation or regulatory environments
o Requirements or changes affecting the businesses in which the Company is engaged
o Industry trends, including factors affecting supply and demand
o Labor and personnel relations
o Credit risks affecting the Company's revenue and profitability
o The Company’s ability to effectively manage its growth, including implementing effective controls and procedures and
attracting and retaining key management and personnel
o Changing interpretations of generally accepted accounting principles
o General economic conditions
o Other relevant risks detailed in the Company’s filings with the Securities and Exchange Commission
o The information set forth herein should be read in light of such risks. The Company does not assume any obligation
to update the information contained in this presentation.
4
China-based, high-precision plastic injection molding
and secondary finishing business
Manufactures precision plastic parts and components
for consumer applications with stringent quality
demands, including:
– home electronics
– appliances
– telecommunications
– other products such as precision plastic toys
Operates 6 facilities in 5 separate locations in China,
and operates high output, low-defect plants; strategic
locations near customers
Employs cost-plus pricing, and emphasizes precision,
high-demand finishing capabilities
Led by industry veterans, with a history of producing
positive returns on investment
– Chairman, CEO and COO have 20 years industry
experience
Business Overview – Plastec Technologies
Stock Price $8.50 (as of 2/9/2011)
Ticker OTC BB: PLTYF
Business Precision plastic injection
molding & secondary finishing
Industry Manufacturing
End Markets Consumer electronics,
Telecommunications, etc.
Founded 1993
HQ Hong Kong
Employees 4,650
Fiscal Year April 30th
Shares Out. 9.2 million
Market Cap. $78.2 million
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Operational Excellence in Precision Plastic Molding
Long-standing relationships with globally recognized manufacturing companies ~ Average of 5 years
Significantly expanded production capability through recent investment of $72 million in capex
More profitable / higher margins than its competitors, across a number of key metrics– Low-defects and high-utilization rates
– Effective pricing policies
– Focus on precision products
Entering new product cycle for key customers
Financial Growth ~ Income Opportunity
Revenue and net income has doubled from 2005 to 2009
FY 2010 revenue was $123.9 million; net income of$10.9 million; $27 million cash from operations
FY 2011 Q2 (ended October 30, 2010) revenue of $47.5 million, an increase of 52.6% year-over-
year; EBITDA of $10.8 million (up 49.7%); net income of $5.7 million (up 92.5%)
Intends to pay cash dividends equal to 30% annual net income
Strong Core Market Growth
Demand for China’s plastic components was $14.3 billion in 2009, up 15.3% year-over-year
Demand forecast to have CAGR of 14.0% from 2010-2012 (according to CPPIA)
Plastec expects to pursue attractive acquisition opportunities in the industry
Investment Highlights
Market Opportunity
7
The overall consumer electronics industry has
experienced 2 years of negative operating
conditions
– China’s local market has continued to grow
– Many smaller players have been eliminated
China provides inexpensive labor, strategic
location to serve South East Asia, and a robust
domestic market
– Relative labor cost advantage
– Located near suppliers and customers
– Growing production base
– Rising income levels and relative wealth
– Increasing outsourcing of services and
components
Industry Overview – Plastic Injection Molding
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Global Plastic Products Market Returning to Growth
Key drivers
Plastic replacing metal and glass
Shorter product cycles and miniaturization by electronics industry
Growth in electronics manufacturing in Asia, especially in China
Global plastic products market (US$bn)
Source: CPPIA
The Plastec Business Model
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Full Service Design, Fabrication, Injection, Finishing and Assembly
1 Mold design and fabrication
2
Plastic injection manufacturing
3
Secondary-process finishing
Parts assembly4
11
32.5
5.1
7.16.6
14.9
33.8
Customer Sales(% of Total Revenue)
J K X F L Other
Competitive Advantages Lead to Long-standing Customer Relationships
Source: Company data
Customer J – Leading Japanese consumer electronics
manufacturer− >10 Year Relationship
Customer K – Leading Korean consumer electronics brand− > 5 Year Relationship
Customer X – Multi-national consumer electronics manufacturer− > 10 Year Relationship
Customer F – Leading outsourced manufacturer of electronics
Customer L – Famous global branded, northern European
children’s educational toy company
Expertise in design and fabrication of
high-precision molds
Capability to meet frequent just-in-
time delivery requirements
Proven track record in manufacturing
high quality products
Strategic Locations
Average
Customer
Tenure
of 5 Years
As of April 30, 2010
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Main Customers are Leading International OBMs/ODMs/OEMs
Most customers are located in the Asia Pacific region, one of the fastest developing regions in the world
Revenue breakdown by customer category
USD,000 % USD,000 % USD,000 %
Sales by product categories
(based on customers' industries)FY2008 FY2009 FY2010
Consumer electronics 50,075 37.1% 62,924 53.7% 63,143 51.0%
Electrical home appliances 18,098 16.8% 9,268 7.9% 2,876 2.3%
Telecom devices 12,445 9.8% 12,495 10.7% 18,525 14.9%
Computer peripherals (Printers, etc…) 19,808 15.7% 7,400 6.3% 6,855 5.5%
Others (educational toys, etc…) 26,013 20.6% 25,023 21.4% 32,544 26.3%
Total 128,437 100.0% 117,108 100.0% 123,943 100.0%
13
Plastec Manufacturing Overview
“Best of breed” production capabilities and manufacturing expertise, which allow it to attract top
global brands and maintain customer relationships for several years
– Tooling facilities to produce molds according to clients’ demands, with exceptional precision
– Robust injection machine base to meet large order demands of global OEMs
– Superior secondary finishing facilities, attracting clients with stringent quality controls
– Low defect rates, and innovative mechanization of manufacturing processes to reduce labor costs
Low Customer Return Rate ( Less than 1%) and Numerous Certifications
14
Just-in-time Facilities, with Significant Capacity
Source: Company data, as at April 30, 2010
Strategically located next to customers to facilitate
frequent just-in-time deliveries
Kunshan
Heyuan
Dongguan
Shenzhen
Zhuhai
Location of plants Dongguan Shenzhen Heyuan Kunshan Zhuhai TOTAL
Gross floor area (sq.m.) ~50,000 ~61,000 ~10,000 ~13,000 ~25,000 ~159,000
No. of plastic injection
machines175 220 30 30 50 505
No. of tooling machines 50 34 N/A. N/A N/A 84
Employees ~1,900 ~2,300 ~70 150 ~230 ~4,650
Period of occupancy Since Dec 2002 Since Jan 1997 Since Dec 2005 Since Aug 2008 Since Nov 2008
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Plastec has invested $72.2mm over the past 3 years in capex, while
competitors struggled in a difficult economic environment
Company expects to complete extensions at its largest facility in
Shenzhen by September 2011, adding approximately 20% additional
operational capacity across the whole company.
Plastec believes that this expansion will meet its increased demand
in output, and also intends to initiate a selective acquisition
campaign
Investments in Latest Technologies to Maintain Industry Leading Status
Capital Expenditures
US$ Audited Audited Audited
FY08 FY09 FY10
Plant & Mach 18,312,692 21,588,462 15,324,744
Leasehold improvements 10,385 16,282 20,641
Buildings 140,641 90,000 65,128
Furniture/Fixture 365,769 2,545,897 4,098,462
Computer Equipment 143,205 217,308 291,538
Motor Vehicles 109,872 173,590 144,872
Tooling 2,163,205 250,000 1,058,974
In Progress 3,113,205 606,538 1,344,615
Total 24,358,974 25,488,077 22,348,974
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Seasoned, Accomplished and Reputable Management Team
Mr.
Kin Sun SZE-TO
Mr.
Chin Hien TAN
Mr.
Ho Leung NING
Mr.
Eli D. Scher
Founder, Chairman of the Board and CEO
Responsible for directing long-term business development strategies and establishing
operational objectives and assignments
Over 20 years of experience in the plastic injection and molding, and secondary finishing
industry
Leads professional team with extensive industry experience and knowledge
Executive Director, COO
Responsible for the administration and management of PRC operations and market
development
Over 24 years of industry experience
Executive Director, CFO
Responsible for corporate planning and financial activities
Over 20 years of experience in the banking and finance industry
Vice Chairman
Former CEO of GSME Acquisition
Significant transaction and operating experience as an investor in and executive of Chinese
businesses
Financial Results
18$ in Millions
Q2 FY 2011
(unaudited)
Q2 FY 2010
(unaudited)
1H FY 2011
(unaudited)
1H FY 2010
(unaudited)
Total Revenues $47.5 $31.1 $86.2 $62.1
Gross Profit $9.4 $5.3 $16.8 $11.6
Gross Margin 19.7% 17.1% 19.5% 18.7%
EBITDA $10.8 $7.2 $20.3 $15.1
Net Income $5.7 $2.9 $10.3 $6.8
Summary Financial Results*
Strong Quarterly Profits – FY 2011 On Track to Grow > 30%
Revenue Net Income
$31.1
$47.5
$62.1
$86.2
$123.9
$0.0
$20.0
$40.0
$60.0
$80.0
$100.0
$120.0
$140.0
Q2 FY 2010 Q2 FY 2011 FY 1H 2010 FY 1H 2011 FY 2010
$2.9
$5.7
$6.8
$10.3$10.9
$0.0
$2.0
$4.0
$6.0
$8.0
$10.0
$12.0
Q2 FY 2010 Q2 FY 2011 1H FY 2010 1H FY 2011 FY 2010
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Source: Company reports
1 Financial year ends on April 30
2 Financial year ends on March 31
3 Financial year ends on March 31
4 Financial year ends on December 31
5 Financial year ends on December 31
Superior Profitability Metrics
Plastec focuses on providing integrated services including mold design and fabrication,
plastic injection molding, secondary-process finishing and parts assembly
Leave the electronic products assembly business to customers, primarily OBMs/OEMs/ODMs
Some of Plastec’s competitors are also involved in the electronic products assembly business,
which is of significantly lower margin and higher risk compared to its business
Plastec also put more emphasis on adopting a “cost-plus” pricing strategy
16.2% 15.5%
9.6%8.6%
14.0%
Plastec Deswell Fischer Tech
Fu Yu Hi-P
Gross Margin
8.8%
1.8%0.7%
-6.7%
2.6%
Plastec Deswell Fischer Tech Fu Yu Hi-P
Net Income Margin
20
Source: Public Data / Company reports / Plastec’s TTM ended Oct. 31, 2010 (unaudited)
* - Adjusted Net Income
Low Valuation Relative to Peer Group
Plastec Technologies, Ltd. (OTC: PLTYF)Deswell Industries (Nasdaq: DSWL)
Fischer Tech, Ltd (Singapore: F22)
Fu Yu Corporation Ltd. (Singapore: F13)
Hi-P International, Ltd. (Singapore: H17)
Company Name
Recent
Price
Shares Out.
(mm)
Market Cap
(mm) TEV LTM Revenue LTM EBITDA LTM NI PE
TEV /
EBITDA
Plastec Technologies, Ltd. (OTC: PLTYF) $9.00 9.2 $82.8 88.0 148.1 32.5 14.3* 5.8 2.7
Deswell Industries Inc. (NASDAQ: DSWL) $3.46 16.2 $56.0 23.6 82.5 2.5 -5.25 n/a 9.31
Fischer Tech Ltd. (SGX:F13) $0.13 273.2 $35.5 32.1 136.2 9.9 3.3 10 3.24
Fu Yu Corporation Ltd (SGX:H17) $0.12 714.7 $85.8 48.6 271.7 11.4 -6.74 n/a 4.28
Hi-P International, Ltd. (H17) $1.09 836.1 $911.4 679.4 784.3 95.2 35.8 26 7.13
Summary Statistics
Recent
Price
Shares Out.
(mm)
Market Cap
(mm) TEV LTM Revenue LTM EBITDA LTM NI PE
TEV /
EBITDA
High $9.00 836.1 911.4 679.4 784.3 95.2 35.8 26 9.31
Low $0.12 9.2 35.5 23.6 82.5 2.5 -6.7 5.8 2.7
Mean $2.76 369.9 234.3 195.9 318.7 29.8 6.8 18 5.99
Median $1.09 273.2 $82.8 40.4 204.0 10.7 -1.0 18.0 5.7
21
Outlook: Growth Targets
Former shareholders of Plastec has certain
earnout incentives should the Company
achieve the following net income targets:
Management has provided a conservative
revenue expectation based upon expansion
of its current operations
FY 2010 FY 2011 FY 2012 FY 2013
Revenue $123.9 152.6 186.5 233.3
YoY Growth 23% 22% 25%
FY 2010 FY 2011 FY 2012 FY 2013
Net Income $10.9 $16.8 $22.6 $32.1
YoY Growth 54.1% 34.5% 42.0%
Shares to be issued 2.9 3.4 3.4
$ in Millions
$123.9
$152.6
$186.5
$233.3
$0.0
$50.0
$100.0
$150.0
$200.0
$250.0
FY 2010A FY 2011 FY 2012 FY 2013
Targeted Revenue Growth
$10.9
$16.8
$22.6
$32.1
$0.0
$5.0
$10.0
$15.0
$20.0
$25.0
$30.0
$35.0
FY 2010A FY 2011 FY 2012 FY 2013
Net Income
22
Strong Balance Sheet with Minimal Debt
10/31/2010
(unaudited)4/30/2010
Total Cash and Cash Equivalents $20.2 $19.4
Total Assets $149.6 $125.3
Total Debt $25.5 $16.6
Total Liabilities $67.9 $52.7
Total Shareholders’ Equity $81.7 $72.6
Total Liabilities and Shareholders’ Equity $149.6 $125.3
Summary Balance Sheet Data*
$ in Millions
23
Dividend
Plastec intends to declare regular annual cash dividends
equal to 30% of Company’s annual net income.
Company has sufficient cash to fund expansion
Expects to begin payout in Fiscal year 2012 (April 30)
Company believes that this will represent an attractive yield and foster long-term investment
One of the few US-Listed China based companies paying a dividend
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Expected Top and Bottom Line Growth of 20-25% for the Next 5 Years; Income Opportunity from Dividends
Long-standing Customer Relationships with Global,
Well-Recognized Consumer Brand Names
Plastec’s Focus on Precision Plastic Injection
Molding Business Creates Industry Leading
Margins
Investment Conclusions
Business strategies
Selected complementary
acquisitions
Cross-selling to other business
segments of existing multi-
national customers
Source business from new
customers
Expansion into other industries,
such as automobile, medical and
industrial applications
Improvement and expansion of
existing facilities in Guangdong
Expand product mix and
customer base
Continue to focus on leading
global brands in customer
development efforts
Continue to improve production
facilities and expand production
capacity
Continue to improve precision
molding to cater higher quality
specifications
Competitive strengths Market opportunities
Well-established long-term
relationships with multi-national
customers
Capabilities and expertise in
providing high-quality precision
plastic component manufacturing
services
Focus and expertise on higher-
end market
25
Plastec Technologies, Ltd.
FOR ADDITIONAL INFORMATION:
At Plastec Technologies, Ltd.
Eli D. Scher, Vice Chairman
USA: +1 (646) 872-7270
PRC: +86 (139) 1873-4304
Investor Relations
The Equity Group Inc.
Adam Prior, Vice President
(212) 836-9606
