Tuan Sing Holdings Balance Sheet

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

Millions SGD. 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	159.81	156.92	222.8	251.99	405.04
Short-Term Investments	0.62	0.63	0.72	-	1.56
Cash & Short-Term Investments	160.43	157.55	223.51	251.99	406.61
Cash Growth	1.82%	-29.51%	-11.30%	-38.03%	47.33%
Accounts Receivable	9.27	40.87	98.99	105.54	73.58
Other Receivables	33.83	25.44	8.42	2.06	5.86
Receivables	43.1	66.31	107.42	107.6	85.28
Inventory	68.74	68.18	112.37	211.88	243.74
Prepaid Expenses	-	10.55	5.63	-	5.52
Other Current Assets	0.42	0.63	3.68	4.59	5.38
Total Current Assets	272.68	303.21	452.6	576.06	746.53
Property, Plant & Equipment	586.35	577.32	481.31	473.96	496.3
Long-Term Investments	236.78	227.78	195.02	192.39	143.84
Long-Term Accounts Receivable	-	-	-	17.87	-
Long-Term Deferred Tax Assets	2.53	2.16	1.99	1.57	0.17
Other Long-Term Assets	1,705	1,590	1,488	1,395	1,377
Total Assets	2,803	2,700	2,619	2,657	2,764
Accounts Payable	12.41	13.68	8.76	99.87	11.39
Accrued Expenses	-	-	-	-	2.31
Current Portion of Long-Term Debt	-	1.18	402.04	332.13	558.51
Current Portion of Leases	0.09	0.07	0.05	0.03	0.05
Current Income Taxes Payable	9.62	7.56	6	7.21	7.64
Current Unearned Revenue	-	-	-	1.32	3.89
Other Current Liabilities	88.61	85.08	92.96	-	76.06
Total Current Liabilities	110.73	107.57	509.8	440.57	659.85
Long-Term Debt	1,398	1,323	827.48	946.03	794.22
Long-Term Leases	0.11	0.09	0.07	0.04	0.06
Long-Term Deferred Tax Liabilities	51.74	44.49	47.32	45.2	45.38
Other Long-Term Liabilities	17.13	5.17	6.64	0.34	0.4
Total Liabilities	1,578	1,480	1,391	1,432	1,500
Common Stock	196.16	194.89	193.57	187.63	181.7
Retained Earnings	770.38	765.34	758.35	-	751.12
Treasury Stock	-4.54	-4.54	-4.47	-4.37	-4.17
Comprehensive Income & Other	262.05	263.57	278.5	1,040	321.55
Total Common Equity	1,224	1,219	1,226	1,223	1,250
Minority Interest	1.08	1.01	2.12	1.54	14.22
Shareholders' Equity	1,225	1,220	1,228	1,225	1,264
Total Liabilities & Equity	2,803	2,700	2,619	2,657	2,764
Total Debt	1,399	1,324	1,230	1,278	1,353
Net Cash (Debt)	-1,238	-1,166	-1,006	-1,026	-946.23
Net Cash Per Share	-0.99	-0.94	-0.82	-0.85	-0.79
Filing Date Shares Outstanding	1,249	1,244	1,238	1,218	1,202
Total Common Shares Outstanding	1,249	1,244	1,238	1,218	1,202
Working Capital	161.95	195.63	-57.21	135.5	86.68
Book Value Per Share	0.98	0.98	0.99	1.00	1.04
Tangible Book Value	1,224	1,219	1,226	1,223	1,250
Tangible Book Value Per Share	0.98	0.98	0.99	1.00	1.04
Land	-	120.12	4.59	-	339.07
Buildings	-	420.85	463.69	-	136.78
Machinery	-	32.1	32.74	-	28.75
Construction In Progress	-	24.43	-	-	-
Leasehold Improvements	-	-	-	-	8.83

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.