Max's Group, Inc. (PSE:MAXS)
Philippines · Delayed Price · Currency is PHP 2.320
+0.070 (3.11%)
At close: Aug 28, 2026
Max's Group Balance Sheet
Financials in millions PHP. Fiscal year is January - December.
Millions PHP. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 | 695.38 | 969.18 | 1,060 | 1,498 | 1,700 | 1,081 |
Cash & Short-Term Investments | 695.38 | 969.18 | 1,060 | 1,498 | 1,700 | 1,081 |
Cash Growth | -2.50% | -8.54% | -29.23% | -11.90% | 57.30% | 22.46% |
Accounts Receivable | 919.29 | 161.99 | 215.65 | 94.65 | 126.65 | 63.59 |
Other Receivables | - | 1,170 | 1,333 | 1,042 | 1,037 | 1,140 |
Receivables | 919.29 | 1,332 | 1,549 | 1,137 | 1,163 | 1,203 |
Inventory | 649.7 | 820.65 | 793.69 | 836.77 | 890.59 | 667.69 |
Prepaid Expenses | - | 75.84 | 84.43 | 84.5 | 84.02 | 43.4 |
Other Current Assets | 593.62 | 60.64 | 149.4 | 170.41 | 221.8 | 210.64 |
Total Current Assets | 2,858 | 3,259 | 3,636 | 3,726 | 4,059 | 3,206 |
Property, Plant & Equipment | 4,350 | 4,445 | 4,142 | 4,056 | 4,325 | 4,800 |
Goodwill | 1,964 | 1,964 | 1,964 | 1,964 | 1,964 | 1,964 |
Other Intangible Assets | 2,762 | 2,762 | 2,795 | 2,831 | 2,865 | 2,911 |
Long-Term Deferred Tax Assets | 77.9 | 150.67 | 162.16 | 675.5 | 668.75 | 787.78 |
Other Long-Term Assets | 827.57 | 826.19 | 790.34 | 945.24 | 1,131 | 1,042 |
Total Assets | 12,840 | 13,407 | 13,490 | 14,199 | 15,014 | 14,710 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Accounts Payable | 395.18 | 814 | 689.8 | 320.12 | 605.64 | 751.18 |
Accrued Expenses | 820.32 | 735.22 | 864.15 | 1,504 | 1,395 | 1,284 |
Short-Term Debt | - | - | 450 | - | - | 830.36 |
Current Portion of Long-Term Debt | 575.78 | 505.03 | 100 | 690.64 | 330 | 576.5 |
Current Portion of Leases | 254.88 | 283.68 | 296.53 | 421.27 | 219.27 | 529.84 |
Current Income Taxes Payable | 83.54 | 34.17 | 39.01 | 14.69 | 22.07 | 2.43 |
Current Unearned Revenue | 151.64 | 150.21 | 148.6 | 142.56 | 252.82 | 185.2 |
Other Current Liabilities | 453.91 | 467.95 | 788.27 | 618.23 | 718.89 | 826.48 |
Total Current Liabilities | 2,735 | 2,990 | 3,376 | 3,712 | 3,544 | 4,986 |
Long-Term Debt | 3,191 | 3,433 | 3,489 | 3,593 | 4,143 | 3,089 |
Long-Term Leases | 648.79 | 765.03 | 602.03 | 518.56 | 1,133 | 1,089 |
Long-Term Unearned Revenue | 13.93 | 24.51 | 31.37 | 33.64 | 58.34 | 64.32 |
Pension & Post-Retirement Benefits | 381.81 | 366.14 | 319.44 | 352.98 | 304.99 | 313.64 |
Long-Term Deferred Tax Liabilities | - | - | - | 636.84 | 727.65 | 717.94 |
Total Liabilities | 6,971 | 7,579 | 7,819 | 8,847 | 9,910 | 10,259 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Common Stock | 1,087 | 1,087 | 1,087 | 1,087 | 1,087 | 1,087 |
Additional Paid-In Capital | 5,353 | 5,353 | 5,353 | 5,353 | 5,353 | 5,353 |
Retained Earnings | 2,456 | 2,447 | 2,229 | 1,985 | 1,699 | 1,081 |
Treasury Stock | -2,622 | -2,622 | -2,622 | -2,622 | -2,618 | -2,618 |
Comprehensive Income & Other | -350.9 | -384.31 | -323.13 | -398.91 | -365.72 | -396.83 |
Total Common Equity | 5,924 | 5,881 | 5,724 | 5,404 | 5,156 | 4,506 |
Minority Interest | -54.12 | -53.82 | -52.04 | -52.36 | -52.54 | -56.12 |
Shareholders' Equity | 5,869 | 5,827 | 5,672 | 5,352 | 5,103 | 4,450 |
Total Liabilities & Equity | 12,840 | 13,407 | 13,490 | 14,199 | 15,014 | 14,710 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Total Debt | 4,671 | 4,987 | 4,938 | 5,223 | 5,825 | 6,115 |
Net Cash (Debt) | -3,975 | -4,018 | -3,878 | -3,726 | -4,125 | -5,034 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -5.10 | -5.15 | -4.98 | -4.79 | -5.29 | -6.46 |
Filing Date Shares Outstanding | 778.54 | 778.54 | 778.54 | 778.54 | 779.41 | 779.41 |
Total Common Shares Outstanding | 778.54 | 778.54 | 778.54 | 778.54 | 779.41 | 779.41 |
Working Capital | 122.75 | 268.33 | 259.92 | 14.49 | 515.48 | -1,780 |
Book Value Per Share | 7.61 | 7.55 | 7.35 | 6.94 | 6.61 | 5.78 |
Tangible Book Value | 1,197 | 1,155 | 964.55 | 608.81 | 326.18 | -368.49 |
Tangible Book Value Per Share | 1.54 | 1.48 | 1.24 | 0.78 | 0.42 | -0.47 |
Land | 191.23 | 191.23 | 191.23 | 191.23 | 194.07 | 194.07 |
Buildings | - | 1,449 | 1,440 | 1,427 | 1,470 | 1,463 |
Machinery | 5,177 | 3,659 | 3,390 | 3,215 | 3,008 | 3,121 |
Construction In Progress | 312.99 | 260.47 | 186.91 | 125.02 | 59.07 | 40.54 |
Leasehold Improvements | 4,117 | 4,036 | 3,887 | 3,705 | 3,598 | 3,752 |