Master Style PCL (BKK:MASTER)

Master Style PCL 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	44.41	191.02	626.9	97.77	181.51	171.27
Trading Asset Securities	-	-	1,117	145.62	125.14	50.02
Cash & Short-Term Investments	44.41	191.02	1,744	243.39	306.65	221.29
Cash Growth	-92.76%	-89.05%	616.68%	-20.63%	38.57%	-
Receivables	81.51	14.72	7.07	4.91	2.79	3.53
Inventory	126.63	120.59	100.52	62.51	26.41	19.83
Other Current Assets	26.15	19.85	19.01	19.95	5.84	-
Total Current Assets	278.7	346.17	1,871	330.76	341.69	244.65
Property, Plant & Equipment	1,524	1,589	1,138	424.29	233.49	232.56
Long-Term Investments	2,244	2,282	361.83	-	-	-
Other Intangible Assets	5.7	6.33	6.72	6.74	8.02	3.68
Long-Term Deferred Tax Assets	13.19	12.5	7.77	9.08	4.52	-
Other Long-Term Assets	214.22	214.01	251.98	175.73	12.21	11.05
Total Assets	4,280	4,520	3,637	946.6	599.94	491.94
Accounts Payable	18.67	29.89	24.57	17.2	10.72	23.02
Accrued Expenses	50.94	57.39	56.15	43.09	26.45	-
Short-Term Debt	80	50	-	-	-	-
Current Portion of Long-Term Debt	120.94	114.17	-	-	-	-
Current Portion of Leases	2.31	1.69	1.63	15.41	6.97	0.95
Current Income Taxes Payable	26.45	75.72	63.52	46.31	24.29	24
Current Unearned Revenue	102.6	92.26	77.97	72.58	58.28	33.36
Other Current Liabilities	38.54	54.82	123.94	54	161.16	22.93
Total Current Liabilities	440.44	475.95	347.78	248.59	287.87	104.26
Long-Term Debt	178.3	235.76	-	-	-	-
Long-Term Leases	291.22	292.56	293.64	291.18	140.91	133.84
Other Long-Term Liabilities	0.25	0.24	0.21	0.02	0.73	3.03
Total Liabilities	917.7	1,011	646.05	542.85	433.29	243.57
Common Stock	301.71	301.71	264	190	101	101
Additional Paid-In Capital	2,305	2,305	2,305	109.33	-	-
Retained Earnings	755.51	902.53	421.99	104.42	66.31	148.05
Comprehensive Income & Other	-	-	-	-	-0.67	-0.67
Shareholders' Equity	3,362	3,509	2,991	403.75	166.64	248.37
Total Liabilities & Equity	4,280	4,520	3,637	946.6	599.94	491.94
Total Debt	672.77	694.19	295.28	306.59	147.88	134.78
Net Cash (Debt)	-628.36	-503.17	1,449	-63.2	158.78	86.51
Net Cash Growth	-	-	-	-	83.54%	-
Net Cash Per Share	-2.08	-1.67	4.84	-0.29	1.25	0.81
Filing Date Shares Outstanding	301.71	301.71	301.71	238.86	126.97	126.97
Total Common Shares Outstanding	301.71	301.71	301.71	238.86	126.97	126.97
Working Capital	-161.74	-129.78	1,523	82.16	53.82	140.39
Book Value Per Share	11.14	11.63	9.91	1.69	1.31	1.96
Tangible Book Value	3,357	3,503	2,984	397	158.62	244.69
Tangible Book Value Per Share	11.13	11.61	9.89	1.66	1.25	1.93
Buildings	-	493.85	305.3	73.21	71.5	70.08
Machinery	-	517.51	417.72	107.27	70.36	59.86
Construction In Progress	-	293.87	135.94	-	0.03	-

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