TVD Holdings 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	27.12	27.79	70.43	387.99	84.66	192.19
Short-Term Investments	262.36	11.03	-	-	-	2.24
Cash & Short-Term Investments	289.49	38.82	70.43	387.99	84.66	194.43
Cash Growth	281.29%	-44.88%	-81.85%	358.29%	-56.46%	-34.32%
Accounts Receivable	9.96	27.46	44.35	90.15	97.68	136.3
Other Receivables	93.64	27.86	16.42	53.61	41.11	44.5
Receivables	141.35	79.7	80.54	156.89	138.79	185.7
Inventory	6.78	14.58	5	196.28	295.41	160.64
Prepaid Expenses	2.6	20.74	45.89	28.04	31.15	15.48
Other Current Assets	14.54	69.15	24.52	94.67	1.61	3.92
Total Current Assets	454.75	222.99	226.38	863.86	551.63	560.18
Property, Plant & Equipment	290.51	558.89	439.04	498.22	501.37	485.68
Long-Term Investments	-	-	13.97	23.33	18.33	6
Goodwill	2.24	1.73	-	15.26	15.26	-
Other Intangible Assets	34.29	61.8	30.22	92.44	87.02	66.3
Long-Term Deferred Tax Assets	185.69	192.17	219.27	181.58	72.4	18.55
Other Long-Term Assets	35.66	38.16	78.17	92.91	133.78	146.2
Total Assets	1,197	1,510	1,479	1,972	1,380	1,283
Accounts Payable	216.65	245.66	294.91	257.37	164.96	233.33
Accrued Expenses	75.09	80.21	90.94	56.47	86.36	91.47
Short-Term Debt	264.5	169.51	206.7	438.11	288.17	42.73
Current Portion of Long-Term Debt	1.2	1.2	2.5	-	-	1.81
Current Portion of Leases	0.04	96.35	45.42	65.79	86.69	43.59
Current Income Taxes Payable	0.19	3.41	1.52	0.26	-	-
Current Unearned Revenue	0.92	-	37.61	4.1	0.43	6.28
Other Current Liabilities	46.11	53.46	38.53	42.12	48	48.58
Total Current Liabilities	604.7	649.8	718.14	864.22	674.61	467.79
Long-Term Debt	3.6	4.8	25.14	-	-	-
Long-Term Leases	-	158.36	67.64	33.45	22.63	37.28
Long-Term Unearned Revenue	-	-	-	43.26	35	-
Pension & Post-Retirement Benefits	17.26	20.15	26.55	47.46	56.45	48.54
Other Long-Term Liabilities	0.86	0.01	0.47	1.56	6.38	10.09
Total Liabilities	626.42	833.11	837.95	989.95	795.08	563.7
Common Stock	876.18	876.18	876.18	855.8	447.71	383.33
Additional Paid-In Capital	544.68	544.68	772.09	937.79	529.7	466.09
Retained Earnings	-837.03	-743.09	-1,008	-775.47	-433.46	-173.65
Comprehensive Income & Other	-13.22	-17.27	0.85	-13.47	-0.03	22.74
Total Common Equity	570.61	660.51	641.29	1,005	543.91	698.53
Minority Interest	-	16.71	-	-22.21	40.78	20.68
Shareholders' Equity	570.61	677.22	641.29	982.44	584.69	719.2
Total Liabilities & Equity	1,197	1,510	1,479	1,972	1,380	1,283
Total Debt	269.34	430.22	347.41	537.35	397.49	125.41
Net Cash (Debt)	20.14	-391.39	-276.98	-149.36	-312.83	69.02
Net Cash Growth	-	-	-	-	-	-70.34%
Net Cash Per Share	0.01	-0.22	-0.16	-0.10	-0.36	0.10
Filing Date Shares Outstanding	1,752	1,752	1,752	1,712	895.41	766.67
Total Common Shares Outstanding	1,752	1,752	1,752	1,712	895.41	766.67
Working Capital	-149.94	-426.8	-491.76	-0.36	-122.98	92.38
Book Value Per Share	0.33	0.38	0.37	0.59	0.61	0.91
Tangible Book Value	534.08	596.98	611.07	896.95	441.64	632.23
Tangible Book Value Per Share	0.30	0.34	0.35	0.52	0.49	0.82
Land	-	108.37	108.37	211.04	211.04	205.24
Buildings	-	154.97	154.97	154.78	152.79	150.43
Machinery	-	207.74	235.02	350.29	360.72	335.03
Construction In Progress	-	-	-	2.43	-	-
Leasehold Improvements	-	131.74	140.78	208.87	187.5	177.04

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.