TPI Polene Power PCL (BKK:TPIPP)

TPI Polene Power 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	4,251	2,988	2,434	2,003	929.34	1,791
Short-Term Investments	419.23	-	-	1,134	1,449	-
Trading Asset Securities	-	-	300.66	-	2,046	1,296
Accounts Receivable	1,698	2,735	1,727	1,574	2,561	2,426
Other Receivables	477.52	540.33	512.02	321.81	285.94	188.64
Inventory	1,672	1,545	1,824	1,931	1,591	1,249
Loans Receivable Current	-	700	-	-	230.62	199.86
Other Current Assets	-	-	1,685	37.95	12.32	8.06
Total Current Assets	8,517	8,508	8,482	7,002	9,105	7,158
Property, Plant & Equipment	59,610	56,859	49,712	42,171	38,429	36,256
Long-Term Investments	374.96	677.63	740.18	736.07	670.89	188.05
Long-Term Deferred Tax Assets	78.44	75	76.17	82.24	94.01	82.26
Other Long-Term Assets	180.44	280.99	756.51	588.73	185.8	90.54
Total Assets	68,761	66,402	59,767	50,579	48,485	43,775
Accounts Payable	491.21	406.25	335.81	743.17	430.4	432.52
Accrued Expenses	186.34	185.22	135.2	352.2	201.68	163.21
Short-Term Debt	-	418.48	-	-	-	239.63
Current Portion of Long-Term Debt	7,434	-	4,000	3,000	4,000	4,000
Current Unearned Revenue	-	-	-	4.67	3.79	6.02
Current Portion of Leases	44.26	38.81	40.05	25.29	20.24	14.85
Current Income Taxes Payable	3.59	168.05	0.41	0.23	43.96	47.47
Other Current Liabilities	2,242	2,691	2,280	989.49	358.39	880.51
Total Current Liabilities	10,401	3,908	6,791	5,115	5,058	5,784
Long-Term Debt	20,553	25,987	17,937	13,217	11,524	8,000
Long-Term Leases	1,590	1,630	1,696	536.67	630.2	645.18
Pension & Post-Retirement Benefits	132.76	137.73	142.15	146.62	151.66	152.71
Other Long-Term Liabilities	-	-	-	-	269.61	264.93
Total Liabilities	32,676	31,662	26,566	19,015	17,634	14,847
Common Stock	8,400	8,400	8,400	8,400	8,400	8,400
Additional Paid-In Capital	14,581	14,581	14,581	14,581	14,581	14,581
Retained Earnings	13,104	11,759	10,221	8,584	7,871	5,947
Comprehensive Income & Other	-	-	-	-	0.18	-0.18
Total Common Equity	36,085	34,740	33,202	31,564	30,852	28,928
Minority Interest	0	0	0	0	0	0
Shareholders' Equity	36,085	34,740	33,202	31,564	30,852	28,928
Total Liabilities & Equity	68,761	66,402	59,767	50,579	48,485	43,775
Total Debt	29,621	28,074	23,672	16,779	16,174	12,900
Net Cash (Debt)	-24,951	-25,085	-20,938	-13,642	-11,749	-9,813
Net Cash Per Share	-2.97	-2.99	-2.49	-1.62	-1.40	-1.17
Filing Date Shares Outstanding	8,400	8,400	8,400	8,400	8,400	8,400
Total Common Shares Outstanding	8,400	8,400	8,400	8,400	8,400	8,400
Working Capital	-1,884	4,601	1,691	1,886	4,047	1,374
Book Value Per Share	4.30	4.14	3.95	3.76	3.67	3.44
Tangible Book Value	36,085	34,740	33,202	31,564	30,852	28,928
Tangible Book Value Per Share	4.30	4.14	3.95	3.76	3.67	3.44
Land	-	12,868	12,122	11,758	11,032	9,545
Machinery	-	31,065	30,445	29,670	29,251	26,171
Construction In Progress	-	19,278	12,435	6,240	2,391	3,730

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