TQM Alpha PCL Balance Sheet

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	830.9	1,015	887.1	729.09	952.59	1,110
Short-Term Investments	140.16	210.35	189.9	110.29	528.81	538.39
Trading Asset Securities	174.65	216.06	260.79	284.46	239.08	0.17
Cash & Short-Term Investments	1,146	1,441	1,338	1,124	1,720	1,649
Cash Growth	-12.70%	7.71%	19.04%	-34.68%	4.34%	-10.27%
Accounts Receivable	1,025	1,012	950.29	777.49	574.97	412.61
Other Receivables	34.23	38.92	20.72	63.31	25.8	9.95
Receivables	2,101	2,163	1,879	1,271	723.92	431.37
Other Current Assets	92.5	75.9	65.53	65.99	53.16	49.64
Total Current Assets	3,339	3,679	3,282	2,461	2,498	2,130
Property, Plant & Equipment	441.23	489.79	581.98	493.38	581.32	675.63
Long-Term Investments	930.4	902.11	895.51	1,180	1,070	713.6
Other Intangible Assets	521.19	565.08	635.79	705.93	768.16	22.41
Long-Term Deferred Tax Assets	63.31	34.46	31.97	29.65	31.81	32.65
Other Long-Term Assets	88.79	33.11	32.11	33.49	34.84	29.67
Total Assets	5,384	5,704	5,459	4,903	4,984	3,607
Accrued Expenses	183.19	191.03	178.45	197.64	194.39	205.97
Short-Term Debt	638.95	940.7	545	400	-	-
Current Portion of Long-Term Debt	-	24	100.8	-	-	-
Current Portion of Leases	95.45	81.08	82.38	99.55	102.45	98.39
Current Income Taxes Payable	8.78	64.96	69.4	70.98	95.84	78.07
Current Unearned Revenue	127.67	108.99	117.6	116.2	81.24	86.53
Other Current Liabilities	435.89	250.24	247.29	226.12	309.74	141.64
Total Current Liabilities	1,490	1,661	1,341	1,110	783.65	610.59
Long-Term Debt	91.8	-	174	-	-	-
Long-Term Leases	284.31	338.23	400.36	315.53	410.81	494.33
Pension & Post-Retirement Benefits	172.64	143.48	138.9	128.24	138.47	102.49
Long-Term Deferred Tax Liabilities	89.08	104.73	129.48	190.44	181.02	-
Other Long-Term Liabilities	1.49	1.49	1.65	0.6	-0	-
Total Liabilities	2,129	2,249	2,185	1,745	1,514	1,207
Common Stock	300	300	300	300	300	300
Additional Paid-In Capital	1,607	1,607	1,607	1,607	1,607	1,607
Retained Earnings	1,233	1,271	954.26	666.02	559.18	453.22
Comprehensive Income & Other	-321.55	-296.03	-146.52	-2.49	668.32	39.67
Total Common Equity	2,725	2,882	2,714	2,570	3,134	2,400
Minority Interest	529.93	572.97	559.58	587.47	335.54	0
Shareholders' Equity	3,255	3,455	3,274	3,158	3,470	2,400
Total Liabilities & Equity	5,384	5,704	5,459	4,903	4,984	3,607
Total Debt	1,111	1,384	1,303	815.07	513.26	592.72
Net Cash (Debt)	35.2	56.95	35.25	308.76	1,207	1,056
Net Cash Growth	-	61.57%	-88.58%	-74.42%	14.29%	-42.52%
Net Cash Per Share	0.06	0.09	0.06	0.51	2.01	1.76
Filing Date Shares Outstanding	593.77	600	600	600	600	600
Total Common Shares Outstanding	593.77	600	600	600	600	600
Working Capital	1,849	2,019	1,941	1,351	1,714	1,519
Book Value Per Share	4.59	4.80	4.52	4.28	5.22	4.00
Tangible Book Value	2,204	2,317	2,079	1,864	2,366	2,377
Tangible Book Value Per Share	3.71	3.86	3.46	3.11	3.94	3.96
Buildings	-	193.5	189.39	158.99	144.49	137.84
Machinery	-	501.99	494.97	453.78	442.37	419.71
Construction In Progress	-	0.03	1.45	9.49	-	-

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