Mah Sing Group Berhad (KLSE:MAHSING)

Mah Sing Group Berhad Balance Sheet

Financials in millions MYR. 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	676.66	79.94	64.28	76.53	90.93	89.57
Short-Term Investments	491.35	313.22	328.51	120.83	112.79	508.28
Cash & Short-Term Investments	1,168	393.16	392.78	197.36	203.72	597.85
Cash Growth	56.27%	0.10%	99.02%	-3.12%	-65.92%	28.26%
Accounts Receivable	1,278	1,089	1,022	1,180	950.79	768.25
Other Receivables	8	34.55	53.16	47.37	44.19	34.53
Receivables	1,286	1,124	1,076	1,227	994.98	802.78
Inventory	1,474	1,571	1,529	1,691	2,178	2,278
Prepaid Expenses	-	48.36	27.11	46.93	44.86	47.6
Restricted Cash	-	680.51	389.3	284.31	315.85	509.55
Other Current Assets	61.42	445.02	375.49	257.92	606.77	149.42
Total Current Assets	3,989	4,262	3,790	3,705	4,344	4,385
Property, Plant & Equipment	516.9	518.94	454.74	450.06	430.74	288.09
Long-Term Investments	0.06	0	-	-	-	-
Goodwill	2.03	2.68	3.96	5.02	5.12	5.15
Long-Term Deferred Tax Assets	260.7	229.01	223.38	206.75	201.93	175.68
Other Long-Term Assets	2,845	2,541	1,945	2,023	2,060	1,975
Total Assets	7,614	7,553	6,417	6,390	7,042	6,829
Accounts Payable	1,228	223.41	182.01	222.7	234.43	262.47
Accrued Expenses	-	160.75	158.88	135.65	89.58	80.46
Short-Term Debt	12.5	6.22	11.01	23.52	6.28	8.13
Current Portion of Long-Term Debt	23.85	620.85	1.19	74.78	54.17	9.75
Current Portion of Leases	1.02	8.86	7.34	7.73	8.88	15.09
Current Income Taxes Payable	51.38	30.46	37.18	23.95	24	24.22
Current Unearned Revenue	41.16	71.4	138.3	114.16	73.39	78.21
Other Current Liabilities	-	1,001	758.98	829.53	840.17	811
Total Current Liabilities	1,358	2,123	1,295	1,432	1,331	1,289
Long-Term Debt	2,132	1,356	1,269	1,256	1,447	1,201
Long-Term Leases	2.44	53.46	50.64	59.76	55.33	50.46
Pension & Post-Retirement Benefits	-	10.67	13.44	10.88	12.93	10.96
Long-Term Deferred Tax Liabilities	22.41	24.58	32.21	44.16	51.48	59.95
Other Long-Term Liabilities	73	9.98	19.51	-	7.21	13.22
Total Liabilities	3,587	3,578	2,680	2,803	2,905	2,625
Common Stock	1,876	1,876	1,776	1,776	1,776	1,776
Retained Earnings	2,135	2,052	1,913	1,771	1,682	1,617
Comprehensive Income & Other	1.71	4.29	12	11.64	657.12	801.16
Total Common Equity	4,013	3,933	3,701	3,559	4,116	4,194
Minority Interest	13.02	42.7	35.71	28.48	21.83	10.35
Shareholders' Equity	4,026	3,975	3,737	3,587	4,137	4,204
Total Liabilities & Equity	7,614	7,553	6,417	6,390	7,042	6,829
Total Debt	2,171	2,045	1,339	1,422	1,571	1,284
Net Cash (Debt)	-1,003	-1,652	-946.63	-1,224	-1,368	-686.29
Net Cash Per Share	-0.39	-0.65	-0.39	-0.50	-0.56	-0.28
Filing Date Shares Outstanding	2,560	2,560	2,494	2,428	2,428	2,428
Total Common Shares Outstanding	2,560	2,560	2,428	2,428	2,428	2,428
Working Capital	2,631	2,139	2,495	2,273	3,013	3,096
Book Value Per Share	1.57	1.54	1.52	1.47	1.43	1.40
Tangible Book Value	4,011	3,930	3,697	3,554	4,110	4,189
Tangible Book Value Per Share	1.57	1.54	1.52	1.46	1.43	1.40
Land	-	40.62	40.55	40.55	40.55	40.55
Buildings	-	145.64	145.08	139.33	130.58	79.36
Machinery	-	539.97	467.92	424.49	414.75	326.01
Construction In Progress	-	70.96	55.63	56.37	47.46	28.22

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