Thai Wah 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	1,063	921.54	1,114	1,026	889.51	853.23
Short-Term Investments	67.41	87.61	110.5	188.73	541.33	614.05
Cash & Short-Term Investments	1,131	1,009	1,225	1,214	1,431	1,467
Cash Growth	13.62%	-17.61%	0.85%	-15.12%	-2.48%	18.19%
Accounts Receivable	889.95	1,071	1,064	863	827.26	692.11
Other Receivables	6.17	14.79	12.82	14.23	11.19	20.65
Receivables	896.11	1,086	1,076	877.23	838.45	712.76
Inventory	1,642	1,488	2,069	1,811	1,616	1,169
Other Current Assets	151.17	158.07	175.92	141.77	173.31	141.81
Total Current Assets	3,820	3,742	4,546	4,044	4,058	3,491
Property, Plant & Equipment	3,749	3,901	3,984	3,791	3,670	3,773
Long-Term Investments	203.56	217.59	176.32	153.28	113.28	103.38
Goodwill	100.68	100.68	100.68	100.68	100.68	100.68
Other Intangible Assets	378.5	401.02	427.26	452.21	474.67	500.04
Long-Term Deferred Tax Assets	26.26	25.08	47.8	32.38	22.3	11.62
Other Long-Term Assets	131.1	131.4	121.01	148	165.39	140.19
Total Assets	8,410	8,518	9,403	8,722	8,604	8,120
Accounts Payable	397.37	374.61	391.61	393.32	327.2	268.4
Accrued Expenses	358.16	351.14	307.93	333.86	350.07	244.13
Short-Term Debt	642.71	846.86	1,360	428.27	287.54	230
Current Portion of Long-Term Debt	196.33	327.07	289.28	202.86	1,060	60
Current Portion of Leases	30.35	43.45	45.32	46.13	29.11	28.94
Current Income Taxes Payable	24.61	2.32	13.98	27.86	37.09	7.21
Other Current Liabilities	184.42	136.55	163.75	139.01	142.51	154.81
Total Current Liabilities	1,834	2,082	2,572	1,571	2,233	993.49
Long-Term Debt	581.24	822.65	918.73	934.99	212.71	1,271
Long-Term Leases	69.64	94.88	128.1	168.14	152.15	178.15
Pension & Post-Retirement Benefits	254.11	259.67	276.42	289.76	362.49	348.4
Long-Term Deferred Tax Liabilities	62.98	81.7	99.12	108.51	106.72	120.43
Other Long-Term Liabilities	11.09	16.16	14.04	5.42	3.14	3.13
Total Liabilities	2,813	3,357	4,008	3,078	3,070	2,914
Common Stock	880.42	880.42	880.42	880.42	880.42	880.42
Additional Paid-In Capital	300.74	300.74	300.74	300.74	300.74	300.74
Retained Earnings	3,322	3,216	3,363	3,506	3,341	3,136
Comprehensive Income & Other	348.97	435.26	503.11	582.76	640.72	577.22
Total Common Equity	4,852	4,832	5,048	5,270	5,163	4,894
Minority Interest	744.85	329.13	346.85	373.89	370.91	311.28
Shareholders' Equity	5,597	5,161	5,394	5,644	5,534	5,206
Total Liabilities & Equity	8,410	8,518	9,403	8,722	8,604	8,120
Total Debt	1,520	2,135	2,741	1,780	1,741	1,768
Net Cash (Debt)	-389.75	-1,126	-1,516	-565.9	-310.22	-300.6
Net Cash Per Share	-0.44	-1.28	-1.72	-0.64	-0.35	-0.34
Filing Date Shares Outstanding	880.42	880.42	880.42	880.42	880.42	880.42
Total Common Shares Outstanding	880.42	880.42	880.42	880.42	880.42	880.42
Working Capital	1,986	1,660	1,974	2,473	1,825	2,497
Book Value Per Share	5.51	5.49	5.73	5.99	5.86	5.56
Tangible Book Value	4,373	4,330	4,520	4,717	4,588	4,294
Tangible Book Value Per Share	4.97	4.92	5.13	5.36	5.21	4.88
Land	-	647.52	636.22	631.87	619.18	616.46
Buildings	-	2,217	2,051	1,972	1,947	1,888
Machinery	-	4,723	4,563	4,390	4,060	3,901
Construction In Progress	-	458.52	559.49	235.51	149.03	89.35

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