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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	13,407	12,075	11,062	8,863	8,738	7,937
Investments in Equity & Preferred Securities	3,400	1,791	2,280	2,129	2,194	2,044
Other Investments	-	2,546	1,946	3,678	2,934	3,213
Total Investments	16,807	16,412	15,288	14,670	13,866	13,195
Cash & Equivalents	951.77	776.97	857.7	540.35	411.4	313.19
Reinsurance Recoverable	8,386	8,322	8,443	9,385	9,138	6,666
Other Receivables	75.5	2,399	2,503	2,697	2,783	2,157
Property, Plant & Equipment	886.79	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	213.49	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	1,261	1,487	1,376	1,160	1,047	908.67
Other Long-Term Assets	429.43	240.31	230.85	626.28	507.21	368.31
Total Assets	29,643	32,373	31,380	31,572	30,011	25,585
Accrued Expenses	397.16	1,293	1,165	1,262	1,295	907.16
Insurance & Annuity Liabilities	7,145	-	-	-	-	-
Unpaid Claims	12,990	8,201	7,959	7,954	6,772	5,268
Unearned Premiums	-	11,462	11,043	10,659	10,108	8,669
Reinsurance Payable	332.53	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	174.88	113.42	114.7	84.46	210.15	140.92
Long-Term Leases	108.86	92.53	107.11	37.17	49.29	31.94
Long-Term Deferred Tax Liabilities	-	-	-	-	0.02	0.05
Other Long-Term Liabilities	418.85	611.64	775.07	729.28	854.5	367.91
Total Liabilities	21,963	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	7,245	5,833	5,395	5,117	4,592	4,058
Comprehensive Income & Other	-836.64	-633.93	-583.96	-83.47	140.98	98.85
Shareholders' Equity	7,679	6,470	6,083	6,305	6,005	5,429
Total Liabilities & Equity	29,643	32,373	31,380	31,572	30,011	25,585
Filing Date Shares Outstanding	590	590	590	590	590	590
Total Common Shares Outstanding	590	590	590	590	590	590
Total Debt	108.86	113.97	138.14	60.4	76.23	50.66
Net Cash (Debt)	842.9	663	719.56	479.96	335.17	262.53
Net Cash Growth	24.62%	-7.86%	49.92%	43.20%	27.67%	-23.48%
Net Cash Per Share	1.43	1.12	1.22	0.81	0.57	0.44
Book Value Per Share	13.02	10.97	10.31	10.69	10.18	9.20
Tangible Book Value	6,834	5,656	5,310	5,542	5,232	4,667
Tangible Book Value Per Share	11.58	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.