Mah Sing Group Berhad Balance Sheet

Financials in millions MYR. Fiscal year is January - December.

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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 & Equivalents	636.85	79.94	64.28	76.53	90.93
Short-Term Investments	547.83	313.22	328.51	120.83	112.79
Cash & Short-Term Investments	1,185	393.16	392.78	197.36	203.72
Cash Growth	201.32%	0.10%	99.02%	-3.12%	-65.92%
Accounts Receivable	1,363	1,089	1,022	1,180	950.79
Other Receivables	6.18	34.55	53.16	47.37	44.19
Receivables	1,370	1,124	1,076	1,227	994.98
Inventory	1,649	1,571	1,529	1,691	2,178
Prepaid Expenses	-	48.36	27.11	46.93	44.86
Restricted Cash	0.03	680.51	389.3	284.31	315.85
Other Current Assets	97.78	445.02	375.49	257.92	606.77
Total Current Assets	4,301	4,262	3,790	3,705	4,344
Property, Plant & Equipment	494.22	518.94	454.74	450.06	430.74
Long-Term Investments	0.08	0	-	-	-
Goodwill	1.82	2.68	3.96	5.02	5.12
Long-Term Deferred Tax Assets	259.5	229.01	223.38	206.75	201.93
Other Long-Term Assets	3,006	2,541	1,945	2,023	2,060
Total Assets	8,063	7,553	6,417	6,390	7,042
Accounts Payable	1,522	223.41	182.01	222.7	234.43
Accrued Expenses	-	160.75	158.88	135.65	89.58
Short-Term Debt	20	6.22	11.01	23.52	6.28
Current Portion of Long-Term Debt	333.1	620.85	1.19	74.78	54.17
Current Portion of Leases	1.12	8.86	7.34	7.73	8.88
Current Income Taxes Payable	33.5	30.46	37.18	23.95	24
Current Unearned Revenue	23.07	71.4	138.3	114.16	73.39
Other Current Liabilities	-	1,001	758.98	829.53	840.17
Total Current Liabilities	1,933	2,123	1,295	1,432	1,331
Long-Term Debt	1,930	1,356	1,269	1,256	1,447
Long-Term Leases	2.38	53.46	50.64	59.76	55.33
Pension & Post-Retirement Benefits	-	10.67	13.44	10.88	12.93
Long-Term Deferred Tax Liabilities	21.27	24.58	32.21	44.16	51.48
Other Long-Term Liabilities	88.55	9.98	19.51	-	7.21
Total Liabilities	3,975	3,578	2,680	2,803	2,905
Common Stock	1,876	1,876	1,776	1,776	1,776
Retained Earnings	2,197	2,052	1,913	1,771	1,682
Comprehensive Income & Other	-4.32	4.29	12	11.64	657.12
Total Common Equity	4,069	3,933	3,701	3,559	4,116
Minority Interest	18.48	42.7	35.71	28.48	21.83
Shareholders' Equity	4,087	3,975	3,737	3,587	4,137
Total Liabilities & Equity	8,063	7,553	6,417	6,390	7,042
Total Debt	2,287	2,045	1,339	1,422	1,571
Net Cash (Debt)	-1,102	-1,652	-946.63	-1,224	-1,368
Net Cash Per Share	-0.43	-0.65	-0.39	-0.50	-0.56
Filing Date Shares Outstanding	2,560	2,560	2,494	2,428	2,428
Total Common Shares Outstanding	2,560	2,560	2,428	2,428	2,428
Working Capital	2,368	2,139	2,495	2,273	3,013
Book Value Per Share	1.59	1.54	1.52	1.47	1.43
Tangible Book Value	4,067	3,930	3,697	3,554	4,110
Tangible Book Value Per Share	1.59	1.54	1.52	1.46	1.43
Land	-	40.62	40.55	40.55	40.55
Buildings	-	145.64	145.08	139.33	130.58
Machinery	-	539.97	467.92	424.49	414.75
Construction In Progress	-	70.96	55.63	56.37	47.46

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.