QES 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	90.7	78.7	80.77	71.35	25.51
Short-Term Investments	0.7	0.54	0.42	5.32	17.97
Trading Asset Securities	-	-	-	-	40.1
Cash & Short-Term Investments	91.4	79.25	81.19	76.67	83.57
Cash Growth	15.33%	-2.40%	5.90%	-8.26%	-10.10%
Accounts Receivable	66.79	79.36	61.09	59.96	52.59
Other Receivables	3.61	2.61	4.35	4.84	2.25
Receivables	70.4	81.97	65.45	64.79	54.84
Inventory	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	219.24	218.09	208.87	192.45	184.64
Property, Plant & Equipment	90.88	82.52	53.44	46.43	35.85
Long-Term Investments	1.52	2.11	1.96	1.9	1.03
Goodwill	3.38	3.38	3.38	3.38	3.38
Other Intangible Assets	0.04	0.04	0.03	0.03	0.03
Long-Term Deferred Tax Assets	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	324.72	314.11	275.79	250.89	230.14
Accounts Payable	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	13.74	16.48	15.94	6.37	9.6
Current Portion of Long-Term Debt	2.25	1.5	0.72	0.64	0.66
Current Portion of Leases	0.87	0.83	0.94	0.88	0.74
Current Income Taxes Payable	2.16	1.73	2.02	2.06	1.3
Current Unearned Revenue	17.03	14.32	12.56	10.47	15.19
Other Current Liabilities	2.23	6.65	2.28	2.28	2.01
Total Current Liabilities	77.96	86.4	75.47	68.76	73.16
Long-Term Debt	41.77	34.09	17.72	16.04	16.66
Long-Term Leases	2.83	2.55	1.22	1.06	0.67
Pension & Post-Retirement Benefits	2.1	2.01	1.91	1.46	1.3
Long-Term Deferred Tax Liabilities	0.39	1.04	1.1	0.93	0.47
Total Liabilities	125.04	126.09	97.42	88.26	92.26
Common Stock	80.78	80.78	80.78	80.78	80.78
Retained Earnings	138.71	124.84	113.72	99.45	76.35
Treasury Stock	-0.51	-	-	-	-
Comprehensive Income & Other	-23.28	-21.49	-20.42	-21.25	-21.42
Total Common Equity	195.69	184.13	174.07	158.98	135.71
Minority Interest	3.99	3.9	4.29	3.66	2.17
Shareholders' Equity	199.68	188.02	178.36	162.63	137.88
Total Liabilities & Equity	324.72	314.11	275.79	250.89	230.14
Total Debt	61.45	55.45	36.54	24.99	28.33
Net Cash (Debt)	29.95	23.8	44.66	51.69	55.25
Net Cash Growth	25.84%	-46.71%	-13.60%	-6.44%	-7.47%
Net Cash Per Share	0.04	0.03	0.05	0.06	0.07
Filing Date Shares Outstanding	832.76	834.14	834.14	834.14	834.14
Total Common Shares Outstanding	832.76	834.14	834.14	834.14	834.14
Working Capital	141.28	131.68	133.4	123.69	111.48
Book Value Per Share	0.23	0.22	0.21	0.19	0.16
Tangible Book Value	192.27	180.7	170.67	155.57	132.3
Tangible Book Value Per Share	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

Source: S&P Global Market Intelligence. Standard template. Financial Sources.