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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	22.56	32.31	35.26	26.83	35.26	19.39
Short-Term Investments	52.73	28.03	60.09	5.09	5.6	23.01
Trading Asset Securities	-	27.8	26.66	-	-	-
Cash & Short-Term Investments	75.3	88.14	122.01	31.92	40.86	42.39
Cash Growth	-13.12%	-27.75%	282.28%	-21.88%	-3.63%	610.68%
Accounts Receivable	9.02	3.63	11.83	8.51	7.81	5.54
Other Receivables	23.86	15.81	12.77	8.48	0.84	1.51
Receivables	32.88	19.45	24.6	16.99	8.66	7.05
Inventory	177.76	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	2.27	1.65	0.65	0.1
Total Current Assets	285.94	275.28	300.87	166.94	125.91	99.91
Property, Plant & Equipment	114.91	118.91	109.7	90.14	50.02	45.51
Long-Term Investments	0.02	-	-	-	-	1.04
Goodwill	-	1.42	1.42	1.42	1.77	1.77
Other Intangible Assets	1.42	0.02	0.02	0.02	0.02	0.15
Long-Term Deferred Tax Assets	0.69	0.7	0.27	0.22	0.08	0.16
Other Long-Term Assets	1.08	1.12	0.44	-	-	-
Total Assets	404.05	397.44	412.72	258.73	177.79	148.54
Accounts Payable	21.73	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	30.23	27.24	38.36	42.8	17.3	9.4
Current Portion of Long-Term Debt	-	2.68	2.8	2.92	6.84	9.92
Current Portion of Leases	14.49	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	3.39	3.28	5.01	4.42	0.32	0.67
Other Current Liabilities	12.08	4.41	8.71	20.51	41.87	31.52
Total Current Liabilities	81.92	70.14	91.31	108.1	99.6	78.12
Long-Term Debt	14.87	14.88	17.52	15.48	12.87	14.67
Long-Term Leases	48.62	49.99	46.84	38.73	19.23	16.43
Long-Term Deferred Tax Liabilities	0.77	0.81	1.48	0.81	1.01	1.13
Other Long-Term Liabilities	9.36	9.96	-	-	-	-
Total Liabilities	155.59	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	64.84	65.95	66.18	52.65	35.91	31.39
Comprehensive Income & Other	-0.74	-0.09	5.44	3.13	1.34	1.05
Total Common Equity	230.01	231.76	237.52	95.62	37.34	32.54
Minority Interest	18.45	19.84	18.06	-	7.74	5.65
Shareholders' Equity	248.46	251.6	255.58	95.62	45.08	38.19
Total Liabilities & Equity	404.05	397.44	412.72	258.73	177.79	148.54
Total Debt	108.21	108.39	118.45	110.6	62.82	55.54
Net Cash (Debt)	-32.91	-20.25	3.56	-78.69	-21.97	-13.15
Net Cash Per Share	-0.04	-0.02	0.00	-0.61	-0.03	-0.02
Filing Date Shares Outstanding	850	820.87	820.87	660.87	642	820.87
Total Common Shares Outstanding	850	820.87	820.87	660.87	642	820.87
Working Capital	204.02	205.14	209.57	58.84	26.3	21.79
Book Value Per Share	0.27	0.28	0.29	0.14	0.06	0.04
Tangible Book Value	228.59	230.33	236.09	94.18	35.56	30.62
Tangible Book Value Per Share	0.27	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 Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.