Mermaid Maritime Public Company Limited (SGX:DU4)

SGX:DU4 Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2,288	2,079	779.72	1,038	269.62	266.79
Short-Term Investments	-	-	-	-	-	95.95
Trading Asset Securities	-	-	-	-	-	0.1
Cash & Short-Term Investments	2,288	2,079	779.72	1,038	269.62	362.84
Cash Growth	184.19%	166.66%	-24.85%	284.82%	-25.69%	-74.55%
Accounts Receivable	4,364	4,284	5,346	3,255	1,919	1,799
Other Receivables	763.11	612.96	834.57	530.09	290.19	731.3
Receivables	5,284	5,047	6,325	3,896	2,253	2,530
Inventory	13.14	13.33	10.77	32.31	32.77	11.56
Other Current Assets	-	-	-	25.74	-	-
Total Current Assets	7,585	7,139	7,115	4,992	2,555	2,904
Property, Plant & Equipment	5,145	5,076	5,414	5,132	5,653	4,444
Long-Term Investments	954.49	990.87	904.32	979.51	985.03	899.6
Other Intangible Assets	0.3	0.32	0.75	1.2	-	66.84
Long-Term Deferred Tax Assets	89.25	32.69	24.1	22.42	21.29	1.91
Other Long-Term Assets	951.14	977.48	670.72	1,077	860.43	291.22
Total Assets	14,725	14,217	14,129	12,203	10,075	8,643

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	3,614	3,210	3,548	2,615	1,847	1,408
Accrued Expenses	71.72	64.3	179.73	47.33	25.99	20.92
Short-Term Debt	-	-	443.85	498.43	138.25	-
Current Portion of Long-Term Debt	606.81	611.47	2,481	1,195	663.91	575.12
Current Portion of Leases	56.88	55.87	341.95	315.23	300.11	4.11
Current Income Taxes Payable	19.24	72.29	88.44	71.7	77.35	28.81
Total Current Liabilities	4,369	4,014	7,084	4,743	3,052	2,037
Long-Term Debt	2,543	2,589	551.08	1,087	631.63	1,152
Long-Term Leases	19.87	34.17	91.09	422.76	730.27	2.61
Pension & Post-Retirement Benefits	161.17	146.76	122.39	111.53	97.47	81.44
Long-Term Deferred Tax Liabilities	-	-	-	0.03	0.66	-
Total Liabilities	7,093	6,784	7,848	6,365	4,512	3,274

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1,891	1,891	1,413	1,413	1,413	1,413
Additional Paid-In Capital	3,337	3,337	12,272	12,272	12,272	12,272
Retained Earnings	1,750	1,835	-8,231	-8,709	-9,052	-9,065
Comprehensive Income & Other	636.89	345.17	805.72	855.53	925.25	764.03
Total Common Equity	7,615	7,408	6,260	5,831	5,558	5,384
Minority Interest	16.5	25.54	21.12	7.12	4.61	-14.75
Shareholders' Equity	7,631	7,433	6,281	5,839	5,562	5,370
Total Liabilities & Equity	14,725	14,217	14,129	12,203	10,075	8,643

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	3,227	3,290	3,909	3,519	2,464	1,734
Net Cash (Debt)	-938.63	-1,211	-3,130	-2,481	-2,195	-1,371
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.53	-0.73	-2.21	-1.76	-1.55	-0.97
Filing Date Shares Outstanding	1,891	1,891	1,413	1,413	1,413	1,413
Total Common Shares Outstanding	1,891	1,891	1,413	1,413	1,413	1,413
Working Capital	3,216	3,125	31.75	248.6	-496.94	867.05
Book Value Per Share	4.03	3.92	4.43	4.13	3.93	3.81
Tangible Book Value	7,615	7,407	6,259	5,830	5,558	5,318
Tangible Book Value Per Share	4.03	3.92	4.43	4.13	3.93	3.76
Land	-	18.63	20.05	20.19	20.39	19.72
Buildings	-	176.89	190.13	192.06	193.96	161.38
Machinery	-	11,828	12,383	11,373	11,592	10,864
Construction In Progress	-	289.14	7.41	183.23	39.26	23.39

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 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 1, 2026

Data Sources Report a data error