ZEN Corporation Group 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	337.07	274.3	280.08	327.42	267.53	268.54
Cash & Short-Term Investments	337.07	274.3	280.08	327.42	267.53	268.54
Cash Growth	47.35%	-2.06%	-14.46%	22.39%	-0.38%	-26.09%
Accounts Receivable	142.39	117.03	115.1	87.89	61.27	71.85
Other Receivables	6.75	5.81	9.5	14.55	10.86	7.99
Receivables	149.14	122.84	124.6	102.45	72.13	79.84
Inventory	409.45	466.51	376.8	256.49	123.84	87.15
Other Current Assets	3.47	36.6	38.44	42.2	31.19	26.05
Total Current Assets	899.13	900.24	819.92	728.55	494.7	461.58
Property, Plant & Equipment	1,136	1,347	1,422	1,118	1,472	1,677
Long-Term Investments	-	-	-	-	3.89	2.47
Goodwill	255.37	255.37	255.37	255.37	194.81	180.02
Other Intangible Assets	84.92	86.98	93.9	97.76	95.26	85.75
Long-Term Deferred Tax Assets	74	70.8	54.15	67.89	86.15	65.87
Other Long-Term Assets	563.26	590.7	594.44	562.96	210.22	216.09
Total Assets	3,012	3,251	3,240	2,830	2,557	2,689
Accounts Payable	249.81	263.4	359.26	337.18	318.54	251.92
Accrued Expenses	54.09	54.67	60.92	89.22	51.93	46.56
Short-Term Debt	255.64	319.67	198.69	109.33	-	-
Current Portion of Leases	213.82	244.78	242.18	214.25	202.45	202.6
Current Income Taxes Payable	2.46	11.94	5.48	10.77	1.92	0.77
Current Unearned Revenue	65.21	58.56	40.57	17.94	12.41	17.17
Other Current Liabilities	6.44	37.45	38.66	29.02	26.97	47.3
Total Current Liabilities	847.47	990.47	945.77	807.71	614.21	566.32
Long-Term Leases	564.73	658.07	669.02	535.49	650.47	778.02
Long-Term Unearned Revenue	15.92	21.14	20.56	21.55	26.48	29.05
Pension & Post-Retirement Benefits	35.74	30.81	30.8	26.02	24.68	17.74
Long-Term Deferred Tax Liabilities	5.12	5.13	5.31	5.92	-	-
Other Long-Term Liabilities	81.82	88.51	89.53	87.3	81.99	86.7
Total Liabilities	1,551	1,794	1,761	1,484	1,398	1,478
Common Stock	300	300	300	300	300	300
Additional Paid-In Capital	959.98	959.98	959.98	959.98	959.98	959.98
Retained Earnings	-64.22	-48.25	-21	-131.68	-286.65	-197.18
Treasury Stock	-14.09	-14.09	-	-	-	-
Comprehensive Income & Other	155.97	155	154.45	152.46	149.12	148.32
Total Common Equity	1,338	1,353	1,393	1,281	1,122	1,211
Minority Interest	123.93	104.31	85.44	65.5	36.92	0
Shareholders' Equity	1,462	1,457	1,479	1,346	1,159	1,211
Total Liabilities & Equity	3,012	3,251	3,240	2,830	2,557	2,689
Total Debt	1,034	1,223	1,110	859.07	852.92	980.62
Net Cash (Debt)	-697.11	-948.22	-829.81	-531.66	-585.4	-712.08
Net Cash Per Share	-2.33	-3.17	-2.77	-1.77	-1.95	-2.37
Filing Date Shares Outstanding	298.18	298.18	300	300	300	300
Total Common Shares Outstanding	298.18	298.18	300	300	300	300
Working Capital	51.65	-90.22	-125.86	-79.15	-119.51	-104.74
Book Value Per Share	4.49	4.54	4.64	4.27	3.74	4.04
Tangible Book Value	997.35	1,010	1,044	927.63	832.38	945.35
Tangible Book Value Per Share	3.34	3.39	3.48	3.09	2.77	3.15
Land	-	21.3	21.3	21.3	347.61	326.31
Buildings	-	30.28	30.32	30.32	29.8	-
Machinery	-	380.4	385.64	321.02	295.28	290.4
Construction In Progress	-	26.05	20.2	29.65	16.63	17.79
Leasehold Improvements	-	1,184	1,172	1,014	937.69	946.55

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