Thai Solar Energy PCL (BKK:TSE)
Thailand · Delayed Price · Currency is THB 0.7900
-0.0200 (-2.47%)
Sep 3, 2026, 3:58 PM ICT
Thai Solar Energy PCL Cash Flow Statement
Financials in millions THB. Fiscal year is January - December.
Millions THB. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Net Income | 48.77 | 46.74 | -501.21 | -2,981 | 723.77 | 492.71 |
Depreciation & Amortization | 318.01 | 316.12 | 313.94 | 687.83 | 332.68 | 428.35 |
Other Amortization | 1.4 | 1.4 | 2.08 | 2.48 | 2.64 | 2.21 |
Loss (Gain) on Sale of Assets | 5.26 | -1.24 | 16.49 | 1,828 | -234.44 | -104.41 |
Loss (Gain) on Sale of Investments | -53.92 | -0.16 | -0.38 | -0.03 | -0.01 | - |
Loss (Gain) on Equity Investments | -20.24 | -63.52 | -191.75 | -623.12 | -647.7 | -642.92 |
Asset Writedown | 8.83 | -13.4 | 177.6 | 16.3 | 4.16 | 161.48 |
Change in Accounts Receivable | 3.5 | 8.44 | -0.76 | 48.84 | -70.96 | 24.02 |
Change in Inventory | -0.27 | -9.03 | -4.45 | -4 | -4.89 | -3.5 |
Change in Accounts Payable | -192.09 | -192.21 | 115.95 | 25.07 | -12.83 | 3.01 |
Change in Unearned Revenue | -1.57 | 0.03 | - | - | - | - |
Change in Other Net Operating Assets | -69.51 | 6.78 | -152.45 | 202.35 | -482.11 | -139.6 |
Other Operating Activities | 225.65 | 246.31 | 598.37 | 2,570 | 304.37 | 290.57 |
Net Cash from Discontinued Operations | - | - | - | -1,939 | -71.52 | - |
Operating Cash Flow | 265.55 | 346.24 | 373.41 | 868.98 | -156.83 | 519.53 |
Operating Cash Flow Growth | - | -7.28% | -57.03% | - | - | -8.15% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Capital Expenditures | -791.19 | -271.81 | -497.49 | -1,901 | -3,002 | -1,768 |
Sale of Property, Plant & Equipment | 0.73 | 1.43 | 2.4 | 5.02 | - | - |
Cash Acquisitions | -2.55 | -68.29 | -0.04 | - | -493.39 | - |
Divestitures | - | - | 668.69 | 2,659 | 530.87 | 351.19 |
Sale (Purchase) of Intangibles | -47.23 | -47.23 | -0.18 | -3.09 | -2.11 | -0.85 |
Investment in Securities | 1,732 | 1,641 | -5.97 | - | -2 | - |
Other Investing Activities | 42.58 | -220.36 | 294.7 | 665.61 | 658.58 | 548.08 |
Investing Cash Flow | 925.19 | 1,026 | 462.11 | 1,426 | -2,310 | -869.95 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Short-Term Debt Issued | - | 1,372 | 460 | 1,460 | 3,207 | 60 |
Long-Term Debt Issued | - | 730 | 1,178 | 3,283 | 4,799 | 1,557 |
Total Debt Issued | 2,895 | 2,102 | 1,638 | 4,742 | 8,006 | 1,617 |
Short-Term Debt Repaid | - | -1,582 | -510 | -2,024 | -2,730 | -80 |
Long-Term Debt Repaid | - | -1,510 | -3,197 | -2,964 | -2,928 | -700.14 |
Total Debt Repaid | -3,850 | -3,092 | -3,707 | -4,989 | -5,657 | -780.14 |
Net Debt Issued (Repaid) | -955.09 | -990.18 | -2,069 | -246.38 | 2,348 | 837.35 |
Repurchase of Common Stock | - | - | -2.34 | - | - | - |
Common Dividends Paid | - | - | -105.89 | -190.59 | -74.12 | -190.59 |
Other Financing Activities | -150.26 | -152.32 | -251.1 | -334.33 | -313.3 | -329.04 |
Financing Cash Flow | -1,105 | -1,143 | -2,428 | -771.3 | 1,961 | 317.72 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Foreign Exchange Rate Adjustments | 2 | -1.27 | 3.21 | 58.77 | 17.35 | -1.48 |
Net Cash Flow | 87.39 | 228.05 | -1,589 | 1,582 | -488.43 | -34.18 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | -525.64 | 74.43 | -124.07 | -1,032 | -3,159 | -1,249 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -41.77% | 5.73% | -10.10% | -81.84% | -240.52% | -81.94% |
Free Cash Flow Per Share | -0.21 | 0.04 | -0.06 | -0.49 | -1.49 | -0.59 |
Levered Free Cash Flow | -759.79 | -407.81 | 653.42 | -1,781 | -3,215 | -1,741 |
Unlevered Free Cash Flow | -658.89 | -287.07 | 797.8 | -1,558 | -3,016 | -1,536 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 Interest Paid | 160.89 | 197.02 | 245.3 | 323.85 | 295.9 | 328.51 |
Cash Income Tax Paid | 13.79 | 15.69 | 11.63 | 5.2 | 16.34 | 11.44 |
Change in Working Capital | -259.95 | -186 | -41.72 | 272.27 | -570.79 | -116.06 |