TPI Polene 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	6,528	7,484	9,560	18,313	10,671	5,669
Cash & Short-Term Investments	6,528	7,484	9,560	18,313	10,671	5,669
Cash Growth	23.04%	-21.71%	-47.80%	71.61%	88.25%	-43.91%
Accounts Receivable	5,270	4,649	5,232	5,445	5,560	5,966
Other Receivables	1,772	1,466	1,646	1,661	1,023	1,048
Receivables	7,042	6,115	6,878	7,106	6,583	7,014
Inventory	16,673	17,671	17,246	17,864	19,355	15,715
Other Current Assets	24.74	24.72	-	2,567	2,522	6,634
Total Current Assets	30,268	31,295	33,683	45,850	39,131	35,032
Property, Plant & Equipment	125,068	124,491	118,983	109,645	101,042	97,019
Long-Term Investments	1,238	1,240	1,211	1,179	1,152	888.19
Other Intangible Assets	4,295	4,335	4,397	4,279	713.56	660.16
Long-Term Deferred Tax Assets	169.93	191.36	285.38	407.54	521.4	545.11
Other Long-Term Assets	1,159	1,096	1,127	2,054	1,940	1,570
Total Assets	162,197	162,650	159,687	163,415	144,499	135,714
Accounts Payable	3,089	3,336	3,681	2,874	3,792	3,617
Accrued Expenses	477.33	365.15	435.86	379.54	387.76	1,515
Short-Term Debt	903.57	1,494	4,501	9,408	4,355	3,392
Current Portion of Long-Term Debt	15,352	17,833	10,299	15,432	12,843	13,565
Current Portion of Leases	106.99	112.78	115.35	134.99	151.05	157.07
Current Income Taxes Payable	99.26	63.34	253.99	88.26	119.35	72.56
Current Unearned Revenue	-	-	-	-	-	595.44
Other Current Liabilities	3,949	4,333	4,982	4,974	3,810	1,492
Total Current Liabilities	23,977	27,539	24,268	33,290	25,458	24,406
Long-Term Debt	65,516	63,058	65,491	59,966	53,742	50,679
Long-Term Leases	175.66	188.52	191.53	204.02	280.48	350.86
Pension & Post-Retirement Benefits	1,806	1,824	1,868	1,925	2,042	2,258
Long-Term Deferred Tax Liabilities	292.77	166.96	19.41	29.01	37.37	43.69
Other Long-Term Liabilities	2,808	3,146	3,025	3,374	125.21	415.04
Total Liabilities	94,575	95,922	94,863	98,788	81,685	78,152
Common Stock	18,935	18,935	18,935	18,935	18,935	19,127
Additional Paid-In Capital	281.14	281.14	281.14	281.14	281.14	281.14
Retained Earnings	27,547	26,714	25,307	25,569	24,245	19,006
Comprehensive Income & Other	9,947	9,949	9,951	9,950	9,950	9,958
Total Common Equity	56,710	55,879	54,475	54,736	53,411	48,371
Minority Interest	10,913	10,848	10,349	9,891	9,403	9,191
Shareholders' Equity	67,622	66,728	64,824	64,626	62,814	57,562
Total Liabilities & Equity	162,197	162,650	159,687	163,415	144,499	135,714
Total Debt	82,054	82,687	80,598	85,144	71,372	68,143
Net Cash (Debt)	-75,526	-75,203	-71,038	-66,831	-60,701	-62,475
Net Cash Per Share	-3.99	-3.97	-3.75	-3.53	-3.20	-3.27
Filing Date Shares Outstanding	18,935	18,935	18,935	18,935	18,935	19,127
Total Common Shares Outstanding	18,935	18,935	18,935	18,935	18,935	19,127
Working Capital	6,291	3,757	9,416	12,560	13,673	10,626
Book Value Per Share	2.99	2.95	2.88	2.89	2.82	2.53
Tangible Book Value	52,415	51,544	50,078	50,457	52,698	47,711
Tangible Book Value Per Share	2.77	2.72	2.64	2.66	2.78	2.49
Land	-	17,457	16,604	15,860	15,476	14,636
Buildings	-	19,780	19,060	18,953	18,675	18,488
Machinery	-	121,494	111,906	110,078	104,482	101,811
Construction In Progress	-	23,048	25,727	16,325	11,024	8,302

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