Thachang Green Energy PCL (BKK:TGE)

Thachang Green Energy PCL Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	292.68	243.66	375.92	476.61	596.43	54.47
Accounts Receivable	162.58	155.68	160.58	134.14	157.54	150.23
Other Receivables	38.76	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

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	31.5	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	72.31	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	2.35	2.05	2.51	1.57	1.24	0.94
Other Long-Term Liabilities	211.43	106.8	55.15	50.06	47.29	49.95
Total Liabilities	1,111	1,035	845.39	1,045	1,267	1,665

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
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

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
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 Growth	-	-	-	-	-	-
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

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 12, 2026

Data Sources Report a data error