Arrow Syndicate PCL (BKK:ARROW)

Arrow Syndicate PCL Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	170.51	157.04	82.65	59.69	50.83	28.53
Cash & Short-Term Investments	170.51	157.04	82.65	59.69	50.83	28.53
Cash Growth	14.07%	90.00%	38.47%	17.43%	78.16%	-41.52%
Accounts Receivable	294.63	328.01	329.38	362.32	299.76	337.85
Other Receivables	0.13	-2.17	-1.06	2.65	24.05	3.32
Receivables	294.76	325.84	328.32	364.97	323.81	341.17
Inventory	547.17	468.25	546.66	727.83	653.27	670.55
Prepaid Expenses	8.5	7.08	7.69	6.29	-	7.21
Other Current Assets	-	-	-	-	-	2.17
Total Current Assets	1,021	958.21	965.33	1,159	1,028	1,050
Property, Plant & Equipment	548.79	465.81	508.8	501.77	513.54	544.69
Other Intangible Assets	4.74	5.6	6.45	7.62	8.79	9.27
Long-Term Deferred Tax Assets	18.54	18.21	14.83	12.63	12.26	8.76
Other Long-Term Assets	32	32.07	35.15	37.54	33.51	33.31
Total Assets	1,625	1,480	1,531	1,718	1,596	1,646
Accounts Payable	39.42	45.59	51.27	76.32	34.96	25.29
Accrued Expenses	30.6	25.8	24.53	23.95	23.58	25.86
Short-Term Debt	188.66	59.08	107.07	257.01	125.1	164.86
Current Portion of Long-Term Debt	-	-	8.36	18.64	17.22	19.92
Current Portion of Leases	2.72	3.02	3.19	3.23	3.79	4.11
Current Income Taxes Payable	16.88	17.22	15.65	10	15.81	22.47
Current Unearned Revenue	22.12	22.05	20.92	20.48	20.75	27.6
Other Current Liabilities	17.76	8.57	22.82	19.61	19.76	19.8
Total Current Liabilities	318.16	181.34	253.81	429.23	260.96	309.91
Long-Term Debt	-	-	-	29.66	50.04	75.26
Long-Term Leases	17.77	18.95	21.99	16.19	17.08	20.64
Pension & Post-Retirement Benefits	27.94	26.43	23.82	27.05	26.45	23.63
Other Long-Term Liabilities	-	-	-	0.2	2.51	8.08
Total Liabilities	363.86	226.73	299.62	502.32	357.03	437.52
Common Stock	256.9	256.9	256.9	256.9	256.9	254.91
Additional Paid-In Capital	259.87	259.87	259.87	259.87	259.87	244.9
Retained Earnings	738.61	730.63	708.4	693.47	716.45	702.66
Comprehensive Income & Other	32.19	32.19	32.19	32.19	32.19	33.43
Total Common Equity	1,288	1,280	1,257	1,242	1,265	1,236
Minority Interest	-26.41	-26.41	-26.41	-26.41	-26.41	-27.77
Shareholders' Equity	1,261	1,253	1,231	1,216	1,239	1,208
Total Liabilities & Equity	1,625	1,480	1,531	1,718	1,596	1,646
Total Debt	209.15	81.05	140.61	324.72	213.23	284.79
Net Cash (Debt)	-38.63	75.99	-57.96	-265.03	-162.4	-256.26
Net Cash Per Share	-0.15	0.30	-0.23	-1.03	-0.64	-1.01
Filing Date Shares Outstanding	256.9	256.9	256.9	256.9	256.9	254.91
Total Common Shares Outstanding	256.9	256.9	256.9	256.9	256.9	254.91
Working Capital	702.79	776.87	711.52	729.55	766.95	739.72
Book Value Per Share	5.01	4.98	4.89	4.84	4.93	4.85
Tangible Book Value	1,283	1,274	1,251	1,235	1,257	1,227
Tangible Book Value Per Share	4.99	4.96	4.87	4.81	4.89	4.81
Land	-	104.42	104.42	104.42	104.42	104.42
Buildings	-	356.47	355.56	355.2	350.39	350.29
Machinery	-	401.79	381.74	372.69	349.56	345.8
Construction In Progress	-	6.84	32.54	17.08	31.24	24.18

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.