MST Golf Group Berhad (KLSE:MSTGOLF)

MST Golf Group Berhad Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	27.89	19.9	32.31	35.26	26.83	35.26
Short-Term Investments	55.28	5.48	28.03	60.09	5.09	5.6
Trading Asset Securities	-	64.89	27.8	26.66	-	-
Cash & Short-Term Investments	83.17	90.26	88.14	122.01	31.92	40.86
Cash Growth	17.43%	2.40%	-27.75%	282.28%	-21.88%	-3.63%
Accounts Receivable	6.26	3.74	3.63	11.83	8.51	7.81
Other Receivables	25.01	9.14	15.81	12.77	8.48	0.84
Receivables	31.27	12.88	19.45	24.6	16.99	8.66
Inventory	143.72	131.75	165.75	150.64	113.57	74.93
Prepaid Expenses	-	7.04	1.51	1.37	2.82	0.82
Other Current Assets	-	0.44	0.43	2.27	1.65	0.65
Total Current Assets	258.16	242.38	275.28	300.87	166.94	125.91
Property, Plant & Equipment	94.1	93.07	118.91	109.7	90.14	50.02
Goodwill	1.42	1.42	1.42	1.42	1.42	1.77
Other Intangible Assets	0.02	0.02	0.02	0.02	0.02	0.02
Long-Term Deferred Tax Assets	1.66	1.78	0.7	0.27	0.22	0.08
Other Long-Term Assets	0.28	1.86	1.12	0.44	-	-
Total Assets	355.63	340.52	397.44	412.72	258.73	177.79

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	19.77	4.73	10.88	12.8	17.24	18.93
Accrued Expenses	-	7.08	7.59	8.57	5.97	4.2
Short-Term Debt	17.14	9.61	27.24	38.36	42.8	17.3
Current Portion of Long-Term Debt	3.1	3.12	2.68	2.8	2.92	6.84
Current Portion of Leases	17.78	14.91	13.59	12.94	10.68	6.58
Current Income Taxes Payable	-	0.08	0.47	2.11	3.57	3.55
Current Unearned Revenue	3.42	3.09	3.28	5.01	4.42	0.32
Other Current Liabilities	13.63	5.15	4.41	8.71	20.51	41.87
Total Current Liabilities	74.84	47.76	70.14	91.31	108.1	99.6
Long-Term Debt	12.01	13.23	14.88	17.52	15.48	12.87
Long-Term Leases	37.13	37.99	49.99	46.84	38.73	19.23
Pension & Post-Retirement Benefits	0.12	0.13	0.06	-	-	-
Long-Term Deferred Tax Liabilities	0.88	0.74	0.81	1.48	0.81	1.01
Other Long-Term Liabilities	0.59	1.71	9.96	-	-	-
Total Liabilities	125.56	101.56	145.85	157.14	163.12	132.71

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	165.9	165.9	165.9	165.9	39.84	0.1
Retained Earnings	50.22	54.36	65.95	66.18	52.65	35.91
Comprehensive Income & Other	-7.21	-5	-0.09	5.44	3.13	1.34
Total Common Equity	208.91	215.26	231.76	237.52	95.62	37.34
Minority Interest	21.16	23.71	19.84	18.06	-	7.74
Shareholders' Equity	230.07	238.96	251.6	255.58	95.62	45.08
Total Liabilities & Equity	355.63	340.52	397.44	412.72	258.73	177.79

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	87.17	78.85	108.39	118.45	110.6	62.82
Net Cash (Debt)	-4	11.41	-20.25	3.56	-78.69	-21.97
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.00	0.01	-0.02	0.00	-0.61	-0.03
Filing Date Shares Outstanding	820.87	820.87	820.87	820.87	660.87	642
Total Common Shares Outstanding	820.87	820.87	820.87	820.87	660.87	642
Working Capital	183.32	194.62	205.14	209.57	58.84	26.3
Book Value Per Share	0.25	0.26	0.28	0.29	0.14	0.06
Tangible Book Value	207.48	213.82	230.33	236.09	94.18	35.56
Tangible Book Value Per Share	0.25	0.26	0.28	0.29	0.14	0.06
Land	-	18	18	18	18	18
Machinery	-	43.3	50.28	45.02	34.49	10.23

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 30, 2026

Data Sources Report a data error