Muang Thai Insurance PCL (BKK:MTI)

Muang Thai Insurance 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	13,204	12,075	11,062	8,863	8,738	7,937
Investments in Equity & Preferred Securities	3,918	1,791	2,280	2,129	2,194	2,044
Other Investments	-	2,546	1,946	3,678	2,934	3,213
Total Investments	17,122	16,412	15,288	14,670	13,866	13,195
Cash & Equivalents	582.44	776.97	857.7	540.35	411.4	313.19
Reinsurance Recoverable	7,422	8,322	8,443	9,385	9,138	6,666
Other Receivables	77.37	2,399	2,503	2,697	2,783	2,157
Property, Plant & Equipment	870.93	901.05	926.52	811.05	717	594.89
Goodwill	631.9	631.9	631.9	631.9	631.9	631.9
Other Intangible Assets	231.47	182.48	140.67	131.73	140.75	130.01
Other Current Assets	-	1,021	983.17	918.63	769.9	620.14
Long-Term Deferred Tax Assets	1,113	1,487	1,376	1,160	1,047	908.67
Other Long-Term Assets	268.69	240.31	230.85	626.28	507.21	368.31
Total Assets	28,320	32,373	31,380	31,572	30,011	25,585
Accrued Expenses	409.41	1,293	1,165	1,262	1,295	907.16
Insurance & Annuity Liabilities	18,770	-	-	-	-	-
Unpaid Claims	-	8,201	7,959	7,954	6,772	5,268
Unearned Premiums	-	11,462	11,043	10,659	10,108	8,669
Reinsurance Payable	310.88	3,721	3,779	4,238	4,402	4,449
Current Portion of Leases	-	21.45	31.03	23.23	26.94	18.72
Current Income Taxes Payable	20.94	113.42	114.7	84.46	210.15	140.92
Long-Term Leases	112.06	92.53	107.11	37.17	49.29	31.94
Long-Term Deferred Tax Liabilities	-	-	-	-	0.02	0.05
Other Long-Term Liabilities	133.62	611.64	775.07	729.28	854.5	367.91
Total Liabilities	20,161	25,902	25,298	25,267	24,006	20,157
Common Stock	590	590	590	590	590	590
Additional Paid-In Capital	681.57	681.57	681.57	681.57	681.57	681.57
Retained Earnings	7,468	5,833	5,395	5,117	4,592	4,058
Comprehensive Income & Other	-580.35	-633.93	-583.96	-83.47	140.98	98.85
Shareholders' Equity	8,159	6,470	6,083	6,305	6,005	5,429
Total Liabilities & Equity	28,320	32,373	31,380	31,572	30,011	25,585
Filing Date Shares Outstanding	585.51	590	590	590	590	590
Total Common Shares Outstanding	585.51	590	590	590	590	590
Total Debt	112.06	113.97	138.14	60.4	76.23	50.66
Net Cash (Debt)	470.38	663	719.56	479.96	335.17	262.53
Net Cash Growth	-16.58%	-7.86%	49.92%	43.20%	27.67%	-23.48%
Net Cash Per Share	0.80	1.12	1.22	0.81	0.57	0.44
Book Value Per Share	13.93	10.97	10.31	10.69	10.18	9.20
Tangible Book Value	7,295	5,656	5,310	5,542	5,232	4,667
Tangible Book Value Per Share	12.46	9.59	9.00	9.39	8.87	7.91
Land	-	128.26	128.26	128.26	96.16	96.16
Buildings	-	877.78	855.98	752.05	701.98	689.62
Machinery	-	721.27	633.39	528.88	464.72	424.19
Construction In Progress	-	4.35	13.74	109.96	91.73	3.88

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.