Make To Win Holding PCL Balance Sheet

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	3.3	3.75	1.17	0.84	159.93	9.87
Cash & Short-Term Investments	3.3	3.75	1.17	0.84	159.93	9.87
Cash Growth	-42.73%	219.72%	40.39%	-99.48%	1520.98%	167.66%
Accounts Receivable	22.12	15.08	2.53	15.91	9.83	0.53
Other Receivables	49	68.14	38.48	57.54	10.66	1.55
Receivables	89.62	101.71	41.01	73.45	20.49	2.08
Inventory	306.66	305.6	381.65	383.43	238.67	162.89
Prepaid Expenses	1.96	1.9	1.44	0.89	0.52	0.35
Other Current Assets	11.32	10.3	18.06	32.08	0.09	0.04
Total Current Assets	412.85	423.26	443.33	490.69	419.7	175.22
Property, Plant & Equipment	447.99	452.81	386.89	420.38	275.06	207.19
Other Intangible Assets	2.37	2.48	2.9	2.26	0.96	0.99
Long-Term Deferred Tax Assets	3.45	3.85	2.57	1.87	1.14	0.55
Other Long-Term Assets	154.8	156.25	97.46	35.65	37.44	0.84
Total Assets	1,021	1,039	933.16	950.85	734.29	384.8
Accounts Payable	2.28	1.52	0.7	3	1.97	4.48
Accrued Expenses	3.24	3.08	2.49	4.35	7.39	1.88
Short-Term Debt	160.56	135.08	277.43	244.39	93.79	44.78
Current Portion of Long-Term Debt	8.85	59.71	12.05	12.6	12.6	-
Current Portion of Leases	1.99	2	2.91	2.28	1.14	0.36
Current Income Taxes Payable	-	-	0.13	4.37	1.43	4.43
Current Unearned Revenue	12.28	0.93	2.24	8.35	15.67	1.23
Other Current Liabilities	10.27	49.05	12.76	17.15	3.81	0.98
Total Current Liabilities	199.47	251.37	310.72	296.49	137.8	58.12
Long-Term Debt	45.78	-	3.91	14.51	25.09	-
Long-Term Leases	0.89	1.4	3.38	4.6	1.92	0.34
Pension & Post-Retirement Benefits	3.92	3.74	3.39	2.31	1.79	1.6
Other Long-Term Liabilities	0.22	0.22	-	-	-	-
Total Liabilities	250.29	256.72	321.4	317.91	166.6	60.06
Common Stock	439.63	439.63	337	337	337	250
Additional Paid-In Capital	227.49	227.49	156.01	156.01	156.01	-
Retained Earnings	24.39	34.45	55.34	75.5	21.31	39.94
Comprehensive Income & Other	-0.02	-0.02	-0.02	-0.02	-0.02	-
Total Common Equity	691.5	701.56	548.33	568.49	514.3	289.94
Minority Interest	79.66	80.37	63.43	64.45	53.4	34.8
Shareholders' Equity	771.16	781.93	611.75	632.94	567.7	324.73
Total Liabilities & Equity	1,021	1,039	933.16	950.85	734.29	384.8
Total Debt	218.08	198.19	299.68	278.38	134.53	45.48
Net Cash (Debt)	-214.78	-194.44	-298.51	-277.55	25.4	-35.61
Net Cash Per Share	-0.25	-0.24	-0.44	-0.41	0.05	-0.07
Filing Date Shares Outstanding	879.26	879.26	674	674	674	500
Total Common Shares Outstanding	879.26	879.26	674	674	674	500
Working Capital	213.38	171.9	132.61	194.2	281.9	117.1
Book Value Per Share	0.79	0.80	0.81	0.84	0.76	0.58
Tangible Book Value	689.13	699.08	545.42	566.23	513.34	288.95
Tangible Book Value Per Share	0.78	0.80	0.81	0.84	0.76	0.58
Land	-	150.06	140.64	150.98	60.67	63.54
Buildings	-	284.02	228.92	245.45	126.86	172.24
Machinery	-	63.76	47.08	44.63	26.86	26.75
Construction In Progress	-	0.48	0.26	0.35	108.11	-