The Steel PCL (BKK:THE)

The Steel 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	32.37	143.51	190.8	345.63	88.94	199.38
Cash & Short-Term Investments	32.37	143.51	190.8	345.63	88.94	199.38
Cash Growth	-85.04%	-24.79%	-44.80%	288.62%	-55.39%	45.88%
Accounts Receivable	1,228	1,018	894.04	1,293	1,557	1,477
Other Receivables	27.46	154.14	24.65	18.48	35.1	19.82
Receivables	1,255	1,173	918.69	1,312	1,592	1,497
Inventory	999.47	1,163	1,273	1,648	1,988	978.42
Other Current Assets	-	-	-	-	129.45	-
Total Current Assets	2,287	2,479	2,383	3,305	3,799	2,675
Property, Plant & Equipment	793.03	824.83	1,048	941.8	967.41	1,029
Long-Term Investments	699.36	716.23	837.31	748.82	761.13	407.77
Other Intangible Assets	13.01	13.02	13.27	13.42	13.45	9.05
Long-Term Accounts Receivable	-	-	-	87.79	-	-
Long-Term Deferred Tax Assets	27.07	25.99	41.54	46.64	32.91	29.56
Other Long-Term Assets	230.19	230.73	67.08	77.77	33.68	169.2
Total Assets	4,050	4,289	4,390	5,221	5,607	4,319
Accounts Payable	340.05	443.85	94.68	110.68	246.91	259.27
Accrued Expenses	-	-	-	-	-	0.01
Short-Term Debt	1,682	1,820	2,149	2,726	2,623	2,350
Current Portion of Leases	9.3	8.57	11.14	12	5.82	3.37
Current Income Taxes Payable	-	4.81	0.27	0.52	57.38	-
Current Unearned Revenue	38.14	11.16	30.21	48.99	56.42	5.05
Other Current Liabilities	40.09	41.48	45.84	41.8	51.91	53.54
Total Current Liabilities	2,110	2,330	2,331	2,940	3,042	2,671
Long-Term Leases	6.3	12.6	22.55	32.49	15.9	10.94
Other Long-Term Liabilities	1.42	1.43	1.61	1.75	1.78	1.62
Total Liabilities	2,127	2,357	2,375	2,997	3,080	2,702
Common Stock	551.03	551.03	551.03	551.03	551.03	551.03
Additional Paid-In Capital	947.95	947.95	947.95	947.95	947.95	947.95
Retained Earnings	630.08	641.11	719.76	926.27	1,227	316.42
Comprehensive Income & Other	-203.82	-203.82	-203.82	-203.82	-203.82	-203.82
Total Common Equity	1,925	1,936	2,015	2,221	2,522	1,612
Minority Interest	-2.74	-3.32	0.42	2.52	5.45	5.76
Shareholders' Equity	1,922	1,933	2,015	2,224	2,528	1,617
Total Liabilities & Equity	4,050	4,289	4,390	5,221	5,607	4,319
Total Debt	1,698	1,842	2,183	2,771	2,645	2,364
Net Cash (Debt)	-1,666	-1,698	-1,992	-2,425	-2,556	-2,164
Net Cash Per Share	-1.51	-1.54	-1.81	-2.20	-2.32	-1.96
Filing Date Shares Outstanding	1,102	1,102	1,102	1,102	1,102	1,102
Total Common Shares Outstanding	1,102	1,102	1,102	1,102	1,102	1,102
Working Capital	177.01	148.38	51.8	364.7	756.96	4.02
Book Value Per Share	1.75	1.76	1.83	2.02	2.29	1.46
Tangible Book Value	1,912	1,923	2,002	2,208	2,509	1,603
Tangible Book Value Per Share	1.74	1.75	1.82	2.00	2.28	1.45
Land	-	355.43	516.78	355.43	355.43	355.43
Buildings	-	652.41	652.29	652.29	652.29	652.06
Machinery	-	580.66	609.76	606.56	597.87	549.56
Construction In Progress	-	1.15	0.12	0.31	0.19	0.43

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