Ratch Group PCL (BKK:RATCH)

Ratch Group 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	7,857	8,930	23,563	34,341	6,961	4,857
Short-Term Investments	5,569	5,072	3,859	274.36	2,042	2,915
Trading Asset Securities	3,743	1,576	2,688	2,926	857.23	842.55
Accounts Receivable	6,299	6,457	7,197	14,565	12,821	7,766
Other Receivables	1,517	1,061	1,390	1,112	596.12	165.24
Inventory	2,302	2,446	2,513	1,946	1,902	1,783
Loans Receivable Current	10	10	-	-	-	-
Other Current Assets	232.17	493.2	407.56	319.77	136.49	157.28
Total Current Assets	27,529	26,044	41,618	55,484	25,316	18,485
Property, Plant & Equipment	50,296	49,948	55,283	56,113	38,138	31,509
Goodwill	9,377	9,855	9,734	9,940	169.24	169.65
Other Intangible Assets	8,357	8,806	9,533	9,575	6,905	3,284
Long-Term Investments	87,975	86,945	64,659	62,770	55,081	42,864
Long-Term Loans Receivable	7,003	7,172	5,512	5,238	3,309	2,907
Long-Term Deferred Tax Assets	243.24	138.85	-	-	97.67	42.06
Long-Term Deferred Charges	-	-	-	-	1,634	1,392
Long-Term Accounts Receivable	16,770	19,098	21,547	23,691	25,202	10,562
Other Long-Term Assets	3,877	6,329	5,592	6,766	1,163	917.51
Total Assets	211,428	214,337	213,479	229,578	157,015	112,132
Accounts Payable	3,436	3,906	6,303	11,443	9,414	3,683
Accrued Expenses	-	50.38	89.66	117.26	2.04	1.45
Short-Term Debt	11,640	11,845	1,945	8,685	5,365	60.07
Current Portion of Long-Term Debt	12,634	5,744	24,133	7,580	4,670	1,486
Current Portion of Leases	154.61	145.83	153.12	171.56	161.51	118.09
Current Income Taxes Payable	349.22	153.78	80.2	21.56	11.05	0.15
Other Current Liabilities	269.72	1,196	423.97	1,155	645.71	1,528
Total Current Liabilities	28,483	23,041	33,127	29,173	20,270	6,877
Long-Term Debt	66,956	72,518	60,418	79,353	49,417	40,916
Long-Term Leases	3,122	3,104	3,398	3,193	1,505	1,363
Pension & Post-Retirement Benefits	369.38	338.22	325.9	293.03	266.69	225.5
Long-Term Deferred Tax Liabilities	4,946	4,906	5,502	5,607	4,831	1,831
Other Long-Term Liabilities	4,217	4,057	3,575	4,555	1,447	397.54
Total Liabilities	108,093	107,963	106,345	122,175	77,738	51,611
Common Stock	21,750	21,750	21,750	21,750	14,500	14,500
Additional Paid-In Capital	19,280	19,280	19,280	19,280	1,532	1,532
Retained Earnings	67,759	65,794	63,147	61,460	59,374	55,036
Comprehensive Income & Other	-14,099	-9,441	-6,179	-4,461	-5,070	-10,547
Total Common Equity	94,691	97,382	97,997	98,029	70,336	60,521
Minority Interest	8,644	8,992	9,136	9,375	8,941	0.68
Shareholders' Equity	103,335	106,374	107,133	107,403	79,278	60,522
Total Liabilities & Equity	211,428	214,337	213,479	229,578	157,015	112,132
Total Debt	94,507	93,356	90,046	98,982	61,119	43,943
Net Cash (Debt)	-77,338	-77,779	-59,936	-61,441	-51,259	-35,329
Net Cash Per Share	-35.56	-35.76	-27.56	-33.51	-35.35	-24.37
Filing Date Shares Outstanding	2,175	2,175	2,175	2,175	1,450	1,450
Total Common Shares Outstanding	2,175	2,175	2,175	2,175	1,450	1,450
Working Capital	-954.15	3,004	8,491	26,311	5,046	11,608
Book Value Per Share	43.54	44.77	45.06	45.07	48.51	41.74
Tangible Book Value	76,957	78,720	78,730	78,513	63,262	57,067
Tangible Book Value Per Share	35.38	36.19	36.20	36.10	43.63	39.36
Land	-	2,579	2,575	2,563	2,541	1,739
Buildings	-	761.4	762.21	719.69	814.9	527.2
Machinery	-	67,030	68,852	68,485	50,722	37,181
Construction In Progress	-	1,501	3,494	1,840	1,503	7,117

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.