Mermaid Maritime Public Company Limited (SGX:DU4)

SGX:DU4 Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	602.03	779.72	1,038	269.62	266.79	1,134
Short-Term Investments	-	-	-	-	95.95	-
Trading Asset Securities	-	-	-	-	0.1	291.78
Cash & Short-Term Investments	602.03	779.72	1,038	269.62	362.84	1,426
Cash Growth	36.17%	-24.85%	284.82%	-25.69%	-74.55%	36.26%
Accounts Receivable	4,526	5,346	3,255	1,919	1,799	905.74
Other Receivables	1,108	834.57	530.09	290.19	731.3	154.45
Receivables	5,781	6,325	3,896	2,253	2,530	1,060
Inventory	14.29	10.77	32.31	32.77	11.56	10.63
Other Current Assets	-	-	25.74	-	-	-
Total Current Assets	6,397	7,115	4,992	2,555	2,904	2,497
Property, Plant & Equipment	5,221	5,414	5,132	5,653	4,444	4,313
Long-Term Investments	935.96	904.32	979.51	985.03	899.6	720.23
Other Intangible Assets	0.52	0.75	1.2	-	66.84	0.39
Long-Term Deferred Tax Assets	26.24	24.1	22.42	21.29	1.91	1.62
Other Long-Term Assets	688.7	670.72	1,077	860.43	291.22	293.43
Total Assets	13,269	14,129	12,203	10,075	8,643	7,825
Accounts Payable	3,384	3,548	2,615	1,847	1,408	674.12
Accrued Expenses	273.08	179.73	47.33	25.99	20.92	-
Short-Term Debt	424.41	443.85	498.43	138.25	-	-
Current Portion of Long-Term Debt	2,628	2,481	1,195	663.91	575.12	406.82
Current Portion of Leases	196.02	341.95	315.23	300.11	4.11	6.19
Current Income Taxes Payable	49.16	88.44	71.7	77.35	28.81	15.29
Total Current Liabilities	6,955	7,084	4,743	3,052	2,037	1,102
Long-Term Debt	607.8	551.08	1,087	631.63	1,152	1,318
Long-Term Leases	63.09	91.09	422.76	730.27	2.61	6.67
Long-Term Deferred Tax Liabilities	-	-	0.03	0.66	-	-
Total Liabilities	7,758	7,848	6,365	4,512	3,274	2,499
Common Stock	1,413	1,413	1,413	1,413	1,413	1,413
Additional Paid-In Capital	2,413	12,272	12,272	12,272	12,272	12,272
Retained Earnings	1,106	-8,231	-8,709	-9,052	-9,065	-8,571
Comprehensive Income & Other	555.49	805.72	855.53	925.25	764.03	225.89
Total Common Equity	5,487	6,260	5,831	5,558	5,384	5,340
Minority Interest	23.85	21.12	7.12	4.61	-14.75	-14.18
Shareholders' Equity	5,511	6,281	5,839	5,562	5,370	5,326
Total Liabilities & Equity	13,269	14,129	12,203	10,075	8,643	7,825
Total Debt	3,919	3,909	3,519	2,464	1,734	1,737
Net Cash (Debt)	-3,317	-3,130	-2,481	-2,195	-1,371	-311.52
Net Cash Per Share	-2.35	-2.21	-1.76	-1.55	-0.97	-0.22
Filing Date Shares Outstanding	1,413	1,413	1,413	1,413	1,413	1,413
Total Common Shares Outstanding	1,413	1,413	1,413	1,413	1,413	1,413
Working Capital	-557.66	31.75	248.6	-496.94	867.05	1,394
Book Value Per Share	3.88	4.43	4.13	3.93	3.81	3.78
Tangible Book Value	5,487	6,259	5,830	5,558	5,318	5,339
Tangible Book Value Per Share	3.88	4.43	4.13	3.93	3.76	3.78
Land	-	20.05	20.19	20.39	19.72	17.72
Buildings	-	190.13	192.06	193.96	161.38	145.02
Machinery	-	12,383	11,373	11,592	10,864	10,008
Construction In Progress	-	7.41	183.23	39.26	23.39	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.