Pioneer Motor PCL Balance Sheet

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	132.53	85.97	40.54	82.15	25.05
Trading Asset Securities	264.19	263.57	205.43	-	38.64
Cash & Short-Term Investments	396.72	349.54	245.97	82.15	63.69
Cash Growth	13.50%	42.11%	199.42%	28.98%	-66.13%
Accounts Receivable	170.77	198.95	166.96	153.27	187.78
Other Receivables	14.28	9.02	3	11.4	10.83
Receivables	185.05	207.97	169.96	164.67	198.61
Inventory	358.22	406.49	420.53	417.82	333.48
Prepaid Expenses	0.55	0.62	0.64	0.43	0.63
Total Current Assets	940.54	964.61	837.1	665.07	596.42
Property, Plant & Equipment	402.05	416.09	429.15	439.41	413.16
Other Intangible Assets	2.85	3.51	3.83	4.18	4.64
Other Long-Term Assets	2.49	1.33	4.5	3.95	3.74
Total Assets	1,348	1,386	1,275	1,113	1,018
Accounts Payable	171.64	203.04	174.66	209.43	252.4
Accrued Expenses	8.81	9.77	7.45	9.06	8.2
Current Portion of Leases	0.36	0.29	0.37	0.5	0.8
Current Income Taxes Payable	9.79	10.11	2.24	2.93	12.29
Current Unearned Revenue	6.87	6.85	12.17	10.16	17.09
Other Current Liabilities	1.75	3.32	1.68	1.81	3.04
Total Current Liabilities	199.23	233.38	198.58	233.89	293.82
Long-Term Leases	1.6	1.61	1.91	0.22	0.71
Pension & Post-Retirement Benefits	38.1	34.99	33.58	31.03	30.52
Long-Term Deferred Tax Liabilities	13.74	13.35	15.04	15.59	16.41
Total Liabilities	252.66	283.33	249.1	280.73	341.46
Common Stock	189.41	189.41	189.41	166.98	154.12
Additional Paid-In Capital	419.33	419.33	419.33	284.76	207.58
Retained Earnings	421.2	399.23	322.51	285.91	220.57
Treasury Stock	-28.91	-	-	-	-
Comprehensive Income & Other	94.24	94.24	94.24	94.24	94.24
Shareholders' Equity	1,095	1,102	1,025	831.89	676.5
Total Liabilities & Equity	1,348	1,386	1,275	1,113	1,018
Total Debt	1.96	1.91	2.28	0.71	1.52
Net Cash (Debt)	394.76	347.64	243.69	81.43	62.17
Net Cash Growth	13.56%	42.66%	199.24%	30.98%	-66.40%
Net Cash Per Share	0.53	0.46	0.33	0.12	0.09
Filing Date Shares Outstanding	732.84	757.64	757.64	667.92	616.47
Total Common Shares Outstanding	732.84	757.64	757.64	667.92	616.47
Working Capital	741.31	731.24	638.53	431.18	302.59
Book Value Per Share	1.49	1.45	1.35	1.25	1.10
Tangible Book Value	1,092	1,099	1,022	827.71	671.85
Tangible Book Value Per Share	1.49	1.45	1.35	1.24	1.09
Land	183.67	183.67	183.67	183.67	183.67
Buildings	171.36	166.34	165.07	163.94	155.08
Machinery	521	518.34	502.98	485.5	422.86
Construction In Progress	0.76	6.18	3.8	1.84	11.54

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.