QES Group Berhad Balance Sheet

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	103.44	90.7	78.7	80.77	71.35	25.51
Short-Term Investments	22.55	0.7	0.54	0.42	5.32	17.97
Trading Asset Securities	-	-	-	-	-	40.1
Cash & Short-Term Investments	125.99	91.4	79.25	81.19	76.67	83.57
Cash Growth	21.65%	15.33%	-2.40%	5.90%	-8.26%	-10.10%
Accounts Receivable	60.18	66.79	79.36	61.09	59.96	52.59
Other Receivables	0.57	3.61	2.61	4.35	4.84	2.25
Receivables	60.75	70.4	81.97	65.45	64.79	54.84
Inventory	40.24	31.2	30.66	35.2	27.26	20.74
Prepaid Expenses	-	1.43	1.82	1.16	1.4	2.16
Other Current Assets	-	24.82	24.39	25.86	22.33	23.33
Total Current Assets	226.98	219.24	218.09	208.87	192.45	184.64
Property, Plant & Equipment	89.45	90.88	82.52	53.44	46.43	35.85
Long-Term Investments	1.23	1.52	2.11	1.96	1.9	1.03
Goodwill	-	3.38	3.38	3.38	3.38	3.38
Other Intangible Assets	9.52	0.04	0.04	0.03	0.03	0.03
Long-Term Deferred Tax Assets	3.84	3.49	1.15	1.06	0.58	0.99
Long-Term Deferred Charges	-	6.18	6.83	7.06	6.13	4.23
Total Assets	331.01	324.72	314.11	275.79	250.89	230.14
Accounts Payable	42.49	18.8	25.77	20.62	24.01	26.57
Accrued Expenses	-	20.88	19.13	20.39	22.06	17.09
Short-Term Debt	15.81	13.74	16.48	15.94	6.37	9.6
Current Portion of Long-Term Debt	2.22	2.25	1.5	0.72	0.64	0.66
Current Portion of Leases	0.93	0.87	0.83	0.94	0.88	0.74
Current Income Taxes Payable	2.98	2.16	1.73	2.02	2.06	1.3
Current Unearned Revenue	23.2	17.03	14.32	12.56	10.47	15.19
Other Current Liabilities	0.37	2.23	6.65	2.28	2.28	2.01
Total Current Liabilities	88	77.96	86.4	75.47	68.76	73.16
Long-Term Debt	41.13	41.77	34.09	17.72	16.04	16.66
Long-Term Leases	2.72	2.83	2.55	1.22	1.06	0.67
Pension & Post-Retirement Benefits	2.11	2.1	2.01	1.91	1.46	1.3
Long-Term Deferred Tax Liabilities	0.26	0.39	1.04	1.1	0.93	0.47
Total Liabilities	134.22	125.04	126.09	97.42	88.26	92.26
Common Stock	80.78	80.78	80.78	80.78	80.78	80.78
Retained Earnings	136.17	138.71	124.84	113.72	99.45	76.35
Treasury Stock	-0.51	-0.51	-	-	-	-
Comprehensive Income & Other	-23.82	-23.28	-21.49	-20.42	-21.25	-21.42
Total Common Equity	192.61	195.69	184.13	174.07	158.98	135.71
Minority Interest	4.19	3.99	3.9	4.29	3.66	2.17
Shareholders' Equity	196.8	199.68	188.02	178.36	162.63	137.88
Total Liabilities & Equity	331.01	324.72	314.11	275.79	250.89	230.14
Total Debt	62.81	61.45	55.45	36.54	24.99	28.33
Net Cash (Debt)	63.18	29.95	23.8	44.66	51.69	55.25
Net Cash Growth	34.39%	25.84%	-46.71%	-13.60%	-6.44%	-7.47%
Net Cash Per Share	0.08	0.04	0.03	0.05	0.06	0.07
Filing Date Shares Outstanding	832.76	832.76	834.14	834.14	834.14	834.14
Total Common Shares Outstanding	832.76	832.76	834.14	834.14	834.14	834.14
Working Capital	138.98	141.28	131.68	133.4	123.69	111.48
Book Value Per Share	0.23	0.23	0.22	0.21	0.19	0.16
Tangible Book Value	183.09	192.27	180.7	170.67	155.57	132.3
Tangible Book Value Per Share	0.22	0.23	0.22	0.20	0.19	0.16
Land	-	16.27	16.28	15.56	15.56	-
Buildings	-	46.6	35.29	10.22	10.13	-
Machinery	-	51.71	51.78	39.67	34.79	32.17
Construction In Progress	-	-	-	-	-	22.97