MST Golf Group Berhad (KLSE:MSTGOLF)

MST Golf Group Berhad Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	14.57	32.31	35.26	26.83	35.26	19.39
Short-Term Investments	56.26	28.03	60.09	5.09	5.6	23.01
Trading Asset Securities	-	27.8	26.66	-	-	-
Cash & Short-Term Investments	70.83	88.14	122.01	31.92	40.86	42.39
Cash Growth	-3.46%	-27.75%	282.28%	-21.88%	-3.63%	610.68%
Accounts Receivable	7.56	3.63	11.83	8.51	7.81	5.54
Other Receivables	24.77	15.81	12.77	8.48	0.84	1.51
Receivables	32.32	19.45	24.6	16.99	8.66	7.05
Inventory	175.08	165.75	150.64	113.57	74.93	49.88
Prepaid Expenses	-	1.51	1.37	2.82	0.82	0.49
Other Current Assets	0.43	0.43	2.27	1.65	0.65	0.1
Total Current Assets	278.65	275.28	300.87	166.94	125.91	99.91
Property, Plant & Equipment	109.63	118.91	109.7	90.14	50.02	45.51
Long-Term Investments	-	-	-	-	-	1.04
Goodwill	1.42	1.42	1.42	1.42	1.77	1.77
Other Intangible Assets	0.02	0.02	0.02	0.02	0.02	0.15
Long-Term Deferred Tax Assets	0.67	0.7	0.27	0.22	0.08	0.16
Other Long-Term Assets	1.05	1.12	0.44	-	-	-
Total Assets	391.44	397.44	412.72	258.73	177.79	148.54
Accounts Payable	21.12	10.88	12.8	17.24	18.93	14.38
Accrued Expenses	-	7.59	8.57	5.97	4.2	4.21
Short-Term Debt	20.36	27.24	38.36	42.8	17.3	9.4
Current Portion of Long-Term Debt	2.88	2.68	2.8	2.92	6.84	9.92
Current Portion of Leases	12.83	13.59	12.94	10.68	6.58	5.13
Current Income Taxes Payable	-	0.47	2.11	3.57	3.55	2.9
Current Unearned Revenue	3.75	3.28	5.01	4.42	0.32	0.67
Other Current Liabilities	12.85	4.41	8.71	20.51	41.87	31.52
Total Current Liabilities	73.78	70.14	91.31	108.1	99.6	78.12
Long-Term Debt	15.3	14.88	17.52	15.48	12.87	14.67
Long-Term Leases	45.48	49.99	46.84	38.73	19.23	16.43
Long-Term Deferred Tax Liabilities	1.09	0.81	1.48	0.81	1.01	1.13
Other Long-Term Liabilities	1.05	9.96	-	-	-	-
Total Liabilities	136.75	145.85	157.14	163.12	132.71	110.35
Common Stock	165.9	165.9	165.9	39.84	0.1	0.1
Retained Earnings	65.21	65.95	66.18	52.65	35.91	31.39
Comprehensive Income & Other	-1.81	-0.09	5.44	3.13	1.34	1.05
Total Common Equity	229.3	231.76	237.52	95.62	37.34	32.54
Minority Interest	25.39	19.84	18.06	-	7.74	5.65
Shareholders' Equity	254.69	251.6	255.58	95.62	45.08	38.19
Total Liabilities & Equity	391.44	397.44	412.72	258.73	177.79	148.54
Total Debt	96.85	108.39	118.45	110.6	62.82	55.54
Net Cash (Debt)	-26.02	-20.25	3.56	-78.69	-21.97	-13.15
Net Cash Per Share	-0.03	-0.02	0.00	-0.61	-0.03	-0.02
Filing Date Shares Outstanding	820.87	820.87	820.87	660.87	642	820.87
Total Common Shares Outstanding	820.87	820.87	820.87	660.87	642	820.87
Working Capital	204.87	205.14	209.57	58.84	26.3	21.79
Book Value Per Share	0.28	0.28	0.29	0.14	0.06	0.04
Tangible Book Value	227.87	230.33	236.09	94.18	35.56	30.62
Tangible Book Value Per Share	0.28	0.28	0.29	0.14	0.06	0.04
Land	-	18	18	18	18	18
Machinery	-	50.28	45.02	34.49	10.23	8.9

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