Thai Group Holdings PCL (BKK: TGH)

Thai Group Holdings PCL Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	39,365	36,640	34,441	39,926	41,735	37,876
Investments in Equity & Preferred Securities	12,925	11,988	12,786	13,495	12,208	16,015
Policy Loans	-	545.94	543.37	546.65	575.4	716.98
Other Investments	204.66	179.65	91.22	296.9	-	1,333
Total Investments	52,974	52,333	51,305	59,097	59,204	56,695
Cash & Equivalents	2,735	2,952	3,329	2,657	3,771	4,935
Reinsurance Recoverable	4,059	5,259	5,317	6,081	5,619	5,927
Other Receivables	3,048	3,406	3,145	4,478	3,776	3,652
Property, Plant & Equipment	16,648	16,901	16,626	15,451	15,780	16,221
Goodwill	-	-	-	-	84.14	84.14
Other Intangible Assets	1,469	1,498	1,569	1,632	1,743	1,768
Other Current Assets	695.41	1,364	596.3	693.86	1,519	1,600
Long-Term Deferred Tax Assets	1,819	1,919	1,821	1,060	701.19	398.44
Other Long-Term Assets	2,705	453.29	443.86	411.37	429.86	502.86
Total Assets	86,153	86,085	84,151	91,562	92,627	91,783
Accrued Expenses	-	731.94	824.67	1,216	1,409	1,283
Insurance & Annuity Liabilities	51,506	48,488	47,003	51,089	47,278	45,150
Unearned Premiums	-	3,463	3,196	6,858	7,378	7,383
Reinsurance Payable	1,935	2,313	3,032	3,884	3,600	3,735
Current Portion of Long-Term Debt	-	2,533	2,026	2,130	2,533	12,651
Current Portion of Leases	-	336.22	342.58	198.69	184.47	260.25
Short-Term Debt	-	12,653	12,069	9,829	10,781	-
Current Income Taxes Payable	111.47	91.82	17.88	81.82	55.23	92.96
Long-Term Debt	18,858	3,971	3,406	3,534	3,496	3,642
Long-Term Leases	-	599.22	763.23	452.44	246.16	327.62
Long-Term Deferred Tax Liabilities	323.73	322.22	485.18	155.76	498.32	643.64
Other Current Liabilities	11.85	35.95	89.99	118.35	1.2	152.28
Other Long-Term Liabilities	2,910	1,347	1,014	1,433	1,035	723.57
Total Liabilities	75,943	77,158	74,531	81,545	78,856	76,381
Common Stock	7,521	7,521	7,521	7,521	7,521	7,521
Additional Paid-In Capital	18,224	18,224	18,224	18,224	18,224	18,224
Retained Earnings	7,805	7,225	7,190	4,136	7,310	6,287
Comprehensive Income & Other	-23,674	-24,356	-23,559	-19,902	-19,462	-16,726
Total Common Equity	9,876	8,614	9,376	9,980	13,593	15,306
Minority Interest	333.41	313.5	244.73	37.23	177.39	96.46
Shareholders' Equity	10,209	8,927	9,620	10,017	13,771	15,402
Total Liabilities & Equity	86,153	86,085	84,151	91,562	92,627	91,783
Filing Date Shares Outstanding	762.66	752.1	752.1	752.1	752.1	752.1
Total Common Shares Outstanding	762.66	752.1	752.1	752.1	752.1	752.1
Total Debt	18,858	20,093	18,607	16,144	17,241	16,881
Net Cash (Debt)	-16,124	-17,141	-15,278	-13,486	-13,470	-11,946
Net Cash Per Share	-21.28	-22.79	-20.31	-17.93	-17.91	-15.88
Book Value Per Share	12.95	11.45	12.47	13.27	18.07	20.35
Tangible Book Value	8,406	7,115	7,807	8,348	11,766	13,454
Tangible Book Value Per Share	11.02	9.46	10.38	11.10	15.64	17.89
Land	-	2,792	2,788	2,741	2,812	2,659
Buildings	-	941.47	964.29	970.84	990.85	986.31
Machinery	-	793.55	844.85	880.98	984.07	895.21
Construction In Progress	-	217.74	186.75	83.62	5.03	0.16

Source: S&P Capital IQ. Insurance template. Financial Sources.