True Corporation PCL (BKK:TRUE)

True Corporation 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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	16,036	17,891	26,832	33,580	27,011	21,963
Short-Term Investments	-	143.81	127.65	196.64	152.99	212.87
Trading Asset Securities	-	0.12	0.12	0.11	0.11	0.11
Cash & Short-Term Investments	16,036	18,035	26,959	33,777	27,164	22,176
Cash Growth	15.88%	-33.10%	-20.18%	24.34%	22.49%	-32.34%
Accounts Receivable	32,923	32,953	42,099	47,328	44,876	48,737
Other Receivables	6,213	6,778	6,209	7,480	5,636	7,380
Receivables	39,138	39,733	48,315	54,809	50,515	56,120
Inventory	1,512	1,864	2,585	2,281	1,206	1,374
Prepaid Expenses	1,942	1,086	1,508	1,910	1,822	1,553
Restricted Cash	75.68	36.53	22.75	13.72	9.37	43.84
Other Current Assets	11,606	11,186	14,619	16,173	17,549	18,864
Total Current Assets	70,309	71,940	94,009	108,963	98,265	100,130
Property, Plant & Equipment	279,933	292,215	293,563	322,206	346,317	339,560
Long-Term Investments	23,468	22,973	22,487	23,817	25,730	27,129
Goodwill	121,141	121,141	121,909	126,329	8,467	10,160
Other Intangible Assets	129,764	137,174	126,366	142,850	119,846	128,325
Long-Term Accounts Receivable	-	348.48	766.55	2,181	-	-
Long-Term Deferred Tax Assets	13,783	14,215	11,839	11,586	5,827	5,862
Long-Term Deferred Charges	-	719.87	726.18	-	-	-
Other Long-Term Assets	4,551	3,503	3,819	6,790	13,645	13,737
Total Assets	642,949	664,230	675,484	744,722	618,096	624,915

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	29,900	36,977	49,088	51,009	60,123	61,904
Accrued Expenses	30,402	37,979	44,902	42,240	23,633	27,426
Short-Term Debt	-	1,600	0.88	14,589	17,954	5,999
Current Portion of Long-Term Debt	81,518	65,511	89,054	65,132	64,876	59,313
Current Portion of Leases	17,640	17,436	16,085	18,620	12,683	9,020
Current Income Taxes Payable	59.89	278.97	205.48	394.46	127.84	133.4
Current Unearned Revenue	7,331	6,883	7,144	7,237	4,244	4,108
Other Current Liabilities	9,054	3,698	2,933	3,911	4,638	6,044
Total Current Liabilities	175,905	170,363	209,411	203,131	188,277	173,948
Long-Term Debt	244,220	259,052	250,603	285,501	209,308	192,196
Long-Term Leases	85,043	90,052	80,223	93,681	96,959	105,149
Long-Term Unearned Revenue	-	5,456	6,033	6,600	7,104	7,640
Pension & Post-Retirement Benefits	2,702	2,722	2,748	3,186	3,182	3,495
Long-Term Deferred Tax Liabilities	3,888	4,087	4,631	4,874	5,630	5,498
Other Long-Term Liabilities	52,106	57,350	47,650	61,609	46,229	55,171
Total Liabilities	563,865	589,083	601,299	658,581	556,689	543,097

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	138,208	138,208	138,208	138,208	133,473	133,473
Additional Paid-In Capital	145,127	145,127	145,127	145,127	26,435	26,384
Retained Earnings	-201,631	-205,791	-208,216	-195,115	-96,732	-76,315
Treasury Stock	-	-	-	-	-	-72.54
Comprehensive Income & Other	-2,296	-2,056	-1,230	-2,441	-2,194	-2,108
Total Common Equity	79,408	75,488	73,890	85,779	60,982	81,362
Minority Interest	-324.21	-340.76	295.17	361.35	424.59	456.13
Shareholders' Equity	79,084	75,147	74,185	86,140	61,407	81,818
Total Liabilities & Equity	642,949	664,230	675,484	744,722	618,096	624,915

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	428,422	433,651	435,965	477,523	401,780	371,677
Net Cash (Debt)	-412,386	-415,616	-409,006	-443,746	-374,616	-349,500
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-11.73	-12.03	-11.84	-12.84	-18.71	-17.46
Filing Date Shares Outstanding	34,552	34,552	34,552	34,552	20,027	20,013
Total Common Shares Outstanding	34,552	34,552	34,552	34,552	20,027	20,013
Working Capital	-105,596	-98,423	-115,403	-94,168	-90,013	-73,817
Book Value Per Share	2.30	2.18	2.14	2.48	3.05	4.07
Tangible Book Value	-171,496	-182,826	-174,385	-183,399	-67,330	-57,123
Tangible Book Value Per Share	-4.96	-5.29	-5.05	-5.31	-3.36	-2.85
Land	-	2,577	2,400	2,389	796.96	777.18
Buildings	-	7,016	6,688	6,712	5,136	5,031
Machinery	-	411,393	413,156	384,787	299,004	263,340
Construction In Progress	-	9,962	26,189	47,156	73,409	77,134

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 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 7, 2026

Data Sources Report a data error