Make To Win Holding PCL (BKK:MTW)

Make To Win Holding 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
Cash & Equivalents	23.76	1.17	0.84	159.93	9.87	3.69
Cash & Short-Term Investments	23.76	1.17	0.84	159.93	9.87	3.69
Cash Growth	1243.95%	40.39%	-99.48%	1520.98%	167.66%	-52.29%
Accounts Receivable	4.43	2.53	15.91	9.83	0.53	4.65
Other Receivables	51.65	38.51	57.54	10.66	1.55	0.16
Receivables	76.08	41.04	73.45	20.49	2.08	4.81
Inventory	313.03	381.65	383.43	238.67	162.89	88.04
Prepaid Expenses	1.23	1.44	0.89	0.52	0.35	0.17
Other Current Assets	24.63	18.02	32.08	0.09	0.04	39.52
Total Current Assets	438.74	443.33	490.69	419.7	175.22	136.22
Property, Plant & Equipment	459.2	386.89	420.38	275.06	207.19	213.81
Other Intangible Assets	2.6	2.9	2.26	0.96	0.99	0.44
Long-Term Deferred Tax Assets	4.54	2.57	1.87	1.14	0.55	0.39
Other Long-Term Assets	145.71	97.46	35.65	37.44	0.84	0.71
Total Assets	1,051	933.16	950.85	734.29	384.8	351.58
Accounts Payable	1.46	0.7	3	1.97	4.48	2.25
Accrued Expenses	3.03	2.49	4.35	7.39	1.88	1.82
Short-Term Debt	132.86	277.43	244.39	93.79	44.78	32.95
Current Portion of Long-Term Debt	14.76	12.05	12.6	12.6	-	5.99
Current Portion of Leases	2.18	2.91	2.28	1.14	0.36	0.46
Current Income Taxes Payable	0.15	0.13	4.37	1.43	4.43	2.98
Current Unearned Revenue	0.99	2.24	8.35	15.67	1.23	1.27
Other Current Liabilities	13.72	12.76	17.15	3.81	0.98	3.79
Total Current Liabilities	169.15	310.72	296.49	137.8	58.12	51.52
Long-Term Debt	49.92	3.91	14.51	25.09	-	-
Long-Term Leases	1.89	3.38	4.6	1.92	0.34	0.62
Pension & Post-Retirement Benefits	3.75	3.39	2.31	1.79	1.6	1.65
Total Liabilities	224.94	321.4	317.91	166.6	60.06	53.79
Common Stock	439.63	337	337	337	250	250
Additional Paid-In Capital	258.64	156.01	156.01	156.01	-	-
Retained Earnings	40.22	55.34	75.5	21.31	39.94	19.49
Comprehensive Income & Other	-0.02	-0.02	-0.02	-0.02	-	-
Total Common Equity	738.47	548.33	568.49	514.3	289.94	269.49
Minority Interest	87.37	63.43	64.45	53.4	34.8	28.3
Shareholders' Equity	825.84	611.75	632.94	567.7	324.73	297.79
Total Liabilities & Equity	1,051	933.16	950.85	734.29	384.8	351.58
Total Debt	201.62	299.68	278.38	134.53	45.48	40.03
Net Cash (Debt)	-177.85	-298.51	-277.55	25.4	-35.61	-36.34
Net Cash Per Share	-0.23	-0.44	-0.41	0.05	-0.07	-0.08
Filing Date Shares Outstanding	879.26	674	674	674	500	500
Total Common Shares Outstanding	879.26	674	674	674	500	500
Working Capital	269.58	132.61	194.2	281.9	117.1	84.7
Book Value Per Share	0.84	0.81	0.84	0.76	0.58	0.54
Tangible Book Value	735.88	545.42	566.23	513.34	288.95	269.04
Tangible Book Value Per Share	0.84	0.81	0.84	0.76	0.58	0.54
Land	-	140.64	150.98	60.67	63.54	-
Buildings	-	228.92	245.45	126.86	172.24	169.6
Machinery	-	47.08	44.63	26.86	26.75	26.61
Construction In Progress	-	0.26	0.35	108.11	-	1.42

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