Thachang Green Energy 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	292.68	243.66	375.92	476.61	596.43	54.47
Accounts Receivable	201.34	155.68	160.58	134.14	157.54	150.23
Other Receivables	-	37.07	27.81	31.93	40.11	71.77
Inventory	122.46	107.16	85.07	108.35	106.16	114.13
Other Current Assets	322.02	340.82	21.33	25.63	14.88	8.46
Total Current Assets	938.5	884.39	670.71	776.66	915.11	399.06
Property, Plant & Equipment	2,245	2,221	2,035	2,066	1,942	2,048
Other Intangible Assets	444.51	400.34	131.41	105.01	101.62	90.24
Long-Term Deferred Tax Assets	4.9	3.02	2.04	2.2	2.95	3.39
Long-Term Deferred Charges	342.12	341.52	320.36	232.86	157.69	105.95
Other Long-Term Assets	295.71	295.74	263.45	192.05	242.57	101.08
Total Assets	4,271	4,146	3,423	3,375	3,362	2,748
Accounts Payable	31.74	28.29	35.87	31.91	27.72	20.71
Short-Term Debt	390.52	355.42	-	-	-	-
Current Portion of Long-Term Debt	200.49	222.05	223.46	223.28	223.09	234.93
Current Portion of Leases	7.33	7.11	6.06	4.31	4.02	2.24
Current Income Taxes Payable	5.72	2.54	2.72	-	-	-
Other Current Liabilities	72.07	75.82	58.8	57.7	61.01	77.71
Total Current Liabilities	707.87	691.21	326.91	317.2	315.84	335.59
Long-Term Debt	109.75	150.34	372.4	595.86	819.15	1,206
Long-Term Leases	69.19	75.16	82.27	72.69	77	68.14
Pension & Post-Retirement Benefits	10.56	9.8	6.16	7.62	6.06	4.41
Long-Term Deferred Tax Liabilities	-	2.05	2.51	1.57	1.24	0.94
Other Long-Term Liabilities	213.78	106.8	55.15	50.06	47.29	49.95
Total Liabilities	1,111	1,035	845.39	1,045	1,267	1,665
Common Stock	1,256	1,256	1,100	1,100	1,100	800
Additional Paid-In Capital	1,018	1,018	863.34	863.34	863.34	-
Retained Earnings	954.38	905.64	681.89	436.17	201.71	353.08
Comprehensive Income & Other	-68.94	-68.94	-67.64	-69.91	-69.91	-69.91
Total Common Equity	3,159	3,111	2,578	2,330	2,095	1,083
Minority Interest	0.07	0.07	0.07	0.06	0.06	0.01
Shareholders' Equity	3,160	3,111	2,578	2,330	2,095	1,083
Total Liabilities & Equity	4,271	4,146	3,423	3,375	3,362	2,748
Total Debt	777.28	810.07	684.18	896.14	1,123	1,511
Net Cash (Debt)	-484.6	-566.41	-308.26	-419.53	-526.83	-1,457
Net Cash Per Share	-0.19	-0.23	-0.13	-0.19	-0.29	-0.91
Filing Date Shares Outstanding	2,512	2,512	2,200	2,200	2,200	1,600
Total Common Shares Outstanding	2,512	2,512	2,200	2,200	2,200	1,600
Working Capital	230.63	193.17	343.8	459.45	599.27	63.46
Book Value Per Share	1.26	1.24	1.17	1.06	0.95	0.68
Tangible Book Value	2,715	2,710	2,446	2,225	1,994	992.93
Tangible Book Value Per Share	1.08	1.08	1.11	1.01	0.91	0.62
Land	-	285.85	285.85	241.88	33.14	19.07
Buildings	-	607	598.34	595.51	594.31	595.28
Machinery	-	1,926	1,908	1,899	1,859	1,854
Construction In Progress	-	362.26	54.33	13.85	1.32	2.19

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