Shrinkflex (Thailand) 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	23.01	26.05	20.69	16	30.96	99.1
Short-Term Investments	1.07	1.75	0.64	16.6	7.66	103.43
Cash & Short-Term Investments	24.08	27.8	21.32	32.6	38.62	202.53
Cash Growth	13.83%	30.39%	-34.60%	-15.58%	-80.93%	-25.56%
Accounts Receivable	197.58	184.49	180.01	167.75	152.98	136.98
Other Receivables	13.17	7.57	18.75	16.11	6.86	0.38
Receivables	210.75	192.06	198.76	183.85	159.84	137.36
Inventory	269.97	260.88	256.42	250.38	241.09	216.96
Prepaid Expenses	4.25	4.49	4.41	3.96	2.83	2.04
Other Current Assets	5.98	1.74	2.86	0.95	6.76	1.59
Total Current Assets	515.02	486.97	483.78	471.75	449.14	560.48
Property, Plant & Equipment	662.96	603.08	651.21	607.04	576.85	367.49
Other Intangible Assets	3.95	3.58	4.34	5.12	5.28	5.03
Long-Term Deferred Tax Assets	7.05	9.3	7.78	7.31	6.62	4.65
Long-Term Deferred Charges	9.26	9.32	7.38	5.99	4.8	4.39
Other Long-Term Assets	4.73	4.73	4.71	4.77	3.66	1.75
Total Assets	1,203	1,117	1,159	1,102	1,046	943.79
Accounts Payable	112.4	104.22	106.14	94.28	92.14	64.94
Accrued Expenses	19.25	27.04	22.88	22.63	20.27	27.99
Short-Term Debt	33.86	2.71	47.61	72.44	3.42	8.04
Current Portion of Long-Term Debt	48.24	38.74	37.94	19.58	9.9	8.33
Current Portion of Leases	15.89	15.67	14.08	11.73	12.76	13.56
Current Income Taxes Payable	-	-	-	-	-	2.88
Current Unearned Revenue	3.43	3.65	2.83	1.43	1.61	0.64
Other Current Liabilities	9.65	10.65	16.93	10.66	48.51	13.99
Total Current Liabilities	242.72	202.68	248.41	232.76	188.6	140.37
Long-Term Debt	94.33	57.84	96.38	65.13	47.44	-
Long-Term Leases	27.76	31.84	44.19	39.62	46.52	59.27
Pension & Post-Retirement Benefits	15.83	15.25	9.94	8.31	7.37	6.12
Total Liabilities	380.63	307.61	398.93	345.82	289.93	205.76
Common Stock	220	220	220	220	220	220
Additional Paid-In Capital	378.76	378.76	378.76	378.76	378.76	378.76
Retained Earnings	223.58	210.61	161.52	157.4	157.67	139.27
Shareholders' Equity	822.33	809.37	760.27	756.16	756.43	738.03
Total Liabilities & Equity	1,203	1,117	1,159	1,102	1,046	943.79
Total Debt	220.08	146.8	240.21	208.5	120.03	89.21
Net Cash (Debt)	-196	-118.99	-218.88	-175.9	-81.41	113.32
Net Cash Growth	-	-	-	-	-	-37.02%
Net Cash Per Share	-0.45	-0.27	-0.50	-0.40	-0.19	0.26
Filing Date Shares Outstanding	440	440	440	440	440	440
Total Common Shares Outstanding	440	440	440	440	440	440
Working Capital	272.29	284.3	235.36	238.99	260.54	420.11
Book Value Per Share	1.87	1.84	1.73	1.72	1.72	1.68
Tangible Book Value	818.38	805.78	755.93	751.04	751.15	733
Tangible Book Value Per Share	1.86	1.83	1.72	1.71	1.71	1.67
Land	-	71.84	71.84	71.84	71.84	71.84
Buildings	-	188.11	188.11	188.11	-	-
Machinery	-	614.46	593.34	578.54	493.03	408.87
Construction In Progress	-	83.61	87.68	0.23	216.04	28.96
Leasehold Improvements	-	29.32	29.29	27.56	14.87	14.35

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