Absolute Clean Energy Public Company Limited (BKK: ACE)

ACE Balance Sheet

Financials in millions THB. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	410.17	1,181	429.1	890.75	482.89	71.92
Accounts Receivable	1,232	1,161	1,275	1,179	877.1	886.99
Other Receivables	297.26	8.13	56.28	-	6.45	2.88
Inventory	1,062	1,059	957.4	531.63	402.08	185.21
Prepaid Expenses	77.4	26.34	19.86	-	15.27	18.49
Restricted Cash	-	-	-	-	-	250.27
Other Current Assets	323.24	230.7	294.65	70.43	57.44	18.86
Total Current Assets	3,403	3,666	3,032	2,672	1,841	1,435
Property, Plant & Equipment	14,319	12,337	11,295	10,298	9,133	8,059
Other Intangible Assets	1,422	1,457	1,547	1,630	1,689	859.95
Long-Term Deferred Tax Assets	48.38	52.63	55.67	69.57	85.91	56.06
Long-Term Deferred Charges	-	-	-	-	26.55	-
Long-Term Accounts Receivable	3,308	3,226	3,284	3,275	3,163	3,197
Other Long-Term Assets	867.78	998.61	857.04	796.02	491.21	538.04
Total Assets	23,367	21,737	20,071	18,740	16,430	14,145
Accounts Payable	349.87	214.57	273.57	327.8	104.84	145.19
Accrued Expenses	194.66	171.24	148.2	68.89	144	84.76
Short-Term Debt	149	45	396.2	214.5	265.3	227.4
Current Portion of Long-Term Debt	1,026	1,152	795.04	702.12	575.29	856.18
Current Unearned Revenue	78.29	20.95	6.55	-	0.07	0.07
Current Portion of Leases	3.6	3.35	3.19	1.66	1.33	0.39
Current Income Taxes Payable	15.47	7.69	10.21	6.78	11.21	1.2
Other Current Liabilities	201.82	66.52	135.7	5.44	110.69	58.02
Total Current Liabilities	2,019	1,682	1,769	1,327	1,213	1,373
Long-Term Debt	5,217	4,459	3,850	3,837	3,082	1,911
Long-Term Leases	31.08	30.63	30.28	24.91	24.47	0.17
Pension & Post-Retirement Benefits	14.56	13.54	11.22	8.95	7.81	3.68
Long-Term Deferred Tax Liabilities	254.49	221.06	208.71	168.24	109.89	38.54
Other Long-Term Liabilities	34.45	28.78	17.36	5.4	0.09	25.22
Total Liabilities	7,571	6,435	5,886	5,372	4,437	3,352
Common Stock	5,088	5,088	5,088	5,088	5,088	5,088
Additional Paid-In Capital	3,896	3,896	3,896	3,896	3,896	3,896
Retained Earnings	6,979	6,504	5,432	4,354	3,032	1,832
Treasury Stock	-268.01	-268.01	-268.01	-	-	-
Comprensive Income & Other	-22.89	-22.89	-22.89	-22.89	-22.89	-22.89
Total Common Equity	15,672	15,197	14,125	13,315	11,993	10,793
Minority Interest	124.78	105.25	59.63	53.25	-	-
Shareholders' Equity	15,797	15,303	14,185	13,369	11,993	10,793
Total Liabilities & Equity	23,367	21,737	20,071	18,740	16,430	14,145
Total Debt	6,427	5,690	5,075	4,780	3,948	2,995
Net Cash (Debt)	-6,017	-4,510	-4,646	-3,889	-3,465	-2,924
Net Cash Per Share	-0.60	-0.45	-0.46	-0.39	-0.34	-0.31
Filing Date Shares Outstanding	10,076	10,076	10,150	10,176	10,176	10,176
Total Common Shares Outstanding	10,076	10,076	10,150	10,176	10,176	10,176
Working Capital	1,384	1,984	1,263	1,345	628.51	61.4
Book Value Per Share	1.56	1.51	1.39	1.31	1.18	1.06
Tangible Book Value	14,250	13,740	12,578	11,686	10,304	9,933
Tangible Book Value Per Share	1.41	1.36	1.24	1.15	1.01	0.98
Land	-	4,325	3,592	-	2,038	-
Buildings	-	1,484	1,348	-	1,194	-
Machinery	-	8,372	8,311	-	7,094	-
Construction In Progress	-	1,604	1,017	-	904.56	-

Source: S&P Capital IQ. Utility template. Financial Sources.