Ever since most of the dragons in the world mysteriously disappeared, Pablito the Purple Dragon has been alone. The only other dragon he knows is mean old Soggerty, and who wants to spend time with him? But when Pablito discovers Soggerty stealing Christmas presents from the children of Santa Fe, what is a good dragon to do? Will Soggerty ruin Christmas?

Pablito doesn't want all those children to wake up without toys, so with the help of a special visitor from the North Pole, he hatches a plan.