Balance Sheet T Engineering Corporation

Equities

PSG

TH0922010Y06

Construction & Engineering

End-of-day quote Thailand S.E. Other stock markets 2025-01-24			5-day change	1st Jan Change
0.3800 ^THB	+15.15%		+15.15%	-22.45%

Nov. 11	PSG Corporation Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024	CI
Aug. 13	PSG Corporation Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	CI

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Published financial data: T ENGINEERING CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	299M	60.81M	18.49M	1.03B	2.73B
Other Revenues, Total	-	-	-	20.55M	16.18M
Total Revenues	299M	60.81M	18.49M	1.05B	2.75B
Cost of Goods Sold, Total	288M	52.28M	20.03M	337M	863M
Gross Profit	10.79M	8.53M	-1.54M	714M	1.89B
Selling General & Admin Expenses, Total	104M	110M	84.66M	123M	218M
Provision for Bad Debts	-12.36M	-26.72M	-43.82K	-	-
Depreciation & Amortization - (IS)	-	-	-	-	-
Other Operating Expenses	-	-13.2M	-18.63M	-	-
Other Operating Expenses, Total	91.72M	70.41M	65.99M	123M	218M
Operating Income	-80.92M	-61.88M	-67.53M	591M	1.67B
Interest Expense, Total	-2.45M	-406K	-1.73M	-3.43M	-4.18M
Interest And Investment Income	-	3.39M	268K	-	-
Net Interest Expenses	-2.45M	2.99M	-1.47M	-3.43M	-4.18M
Currency Exchange Gains (Loss)	-	-	-	-27.74M	-10.82M
Other Non Operating Income (Expenses)	15.45M	-	-	-	-
EBT, Excl. Unusual Items	-67.92M	-58.89M	-68.99M	560M	1.66B
Gain (Loss) On Sale Of Investments	4.23M	4.96M	563K	-	-
Gain (Loss) On Sale Of Assets	2.42M	-	-	-	-
Asset Writedown	-	-	6.63M	-	-
Legal Settlements	-101M	31.25M	-	-	-
Other Unusual Items	70.73M	-	-	-	-
EBT, Incl. Unusual Items	-91.09M	-22.67M	-61.8M	560M	1.66B
Income Tax Expense	-81K	-	1.33M	19.06M	339M
Earnings From Continuing Operations	-91.01M	-22.67M	-63.13M	540M	1.32B
Net Income to Company	-91.01M	-22.67M	-63.13M	540M	1.32B
Net Income - (IS)	-91.01M	-22.67M	-63.13M	540M	1.32B
Net Income to Common Incl Extra Items	-91.01M	-22.67M	-63.13M	540M	1.32B
Net Income to Common Excl. Extra Items	-91.01M	-22.67M	-63.13M	540M	1.32B
Per Share Items
Net EPS - Basic	-0.01	-0	-0	0.01	0.02
Basic EPS - Continuing Operations	-0.01	-0	-0	0.01	0.02
Basic Weighted Average Shares Outstanding	10.11B	10.62B	20.87B	64.99B	64.99B
Net EPS - Diluted	-0.01	-0	-0	0.01	0.02
Diluted EPS - Continuing Operations	-0.01	-0	-0	0.01	0.02
Diluted Weighted Average Shares Outstanding	10.11B	10.62B	20.87B	64.99B	64.99B
Normalized Basic EPS	-0	-0	-0	0.01	0.02
Normalized Diluted EPS	-0	-0	-0	0.01	0.02
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	-76.76M	-57.67M	-64.95M	596M	1.68B
EBITA	-80.92M	-61.88M	-67.53M	591M	1.67B
EBIT	-80.92M	-61.88M	-67.53M	591M	1.67B
EBITDAR	-58.02M	-48.01M	-64.14M	596M	1.68B
Total Revenues (As Reported)	-	-	-	1.05B	2.75B
Effective Tax Rate - (Ratio)	0.09	-	-2.14	3.41	20.47
Total Current Taxes	-	-	-	22.47M	335M
Deferred Domestic Taxes	-81K	-	1.33M	-	-
Total Deferred Taxes	-81K	-	1.33M	-3.41M	3.35M
Normalized Net Income	-42.45M	-36.81M	-43.12M	350M	1.03B
Interest on Long-Term Debt	-	-	-	2.37M	2.89M
Non-Cash Pension Expense	1.45M	111K	75.97K	105K	145K
Supplemental Operating Expense Items
Advertising Expense	60.69K	80.18K	662K	-	-
General and Administrative Expenses	104M	110M	84.66M	123M	218M
Net Rental Expense, Total	18.74M	9.67M	814K	521K	381K
Imputed Operating Lease Interest Expense	28.96M	2.53M	837K	397K	273K
Imputed Operating Lease Depreciation	-10.21M	7.14M	-23.76K	124K	108K
Maintenance & Repair Expenses, Total	495K	329K	127K	-	-
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	-	-	-	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	44.8M	19.07M	1.06B	616M	1.3B
Trading Asset Securities, Total	5.37M	4.47M	-	803M	451M
Total Cash And Short Term Investments	50.17M	23.54M	1.06B	1.42B	1.75B
Accounts Receivable, Total	56.62M	8.98M	11.74M	148M	1.74B
Other Receivables	11M	8.83M	3.54M	49.7M	11.06M
Total Receivables	67.61M	17.81M	15.28M	198M	1.76B
Inventory	418K	-	-	-	-
Prepaid Expenses	922K	1.13M	941K	215K	464K
Other Current Assets, Total	6.15M	31.03M	1.26M	4.14M	3.4M
Total Current Assets	125M	73.51M	1.08B	1.62B	3.51B
Gross Property Plant And Equipment	148M	75.62M	79.26M	98.51M	91.65M
Accumulated Depreciation	-64.19M	-56.35M	-56.71M	-20.13M	-24.92M
Net Property Plant And Equipment	83.39M	19.27M	22.56M	78.38M	66.73M
Long-term Investments	25.25M	28.38M	32.81M	23.21M	26.16M
Other Intangibles, Total	3.64M	2.33M	1.45M	615K	40.03K
Accounts Receivable Long-Term	80.39M	36.92M	13.84M	46.31M	95.91M
Deferred Tax Assets Long-Term	-	-	-	93.69K	-
Other Long-Term Assets, Total	332M	128M	142M	179M	236M
Total Assets	650M	288M	1.29B	1.95B	3.93B
Liabilities
Accounts Payable, Total	108M	32.64M	16.2M	82.43M	451M
Accrued Expenses, Total	27.83M	18.27M	14.09M	5.08M	14.56M
Short-term Borrowings	12.24M	12.24M	12.24M	12.24M	-
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	311K	79.84K	733K	13.23M	15.6M
Current Income Taxes Payable	-	-	-	2.64M	195M
Unearned Revenue Current, Total	19.5M	-	-	-	100M
Other Current Liabilities	247M	31.69M	20.24M	43.87M	64.36M
Total Current Liabilities	415M	94.91M	63.5M	159M	841M
Long-Term Debt	-	-	-	-	-
Long-Term Leases	-	-	1.68M	31.93M	20.33M
Pension & Other Post Retirement Benefits	5.86M	5.89M	5.49M	6.49M	6.15M
Deferred Tax Liability Non Current	3.8M	3.8M	5.02M	-	3.84M
Other Non Current Liabilities	57.72M	20.8M	15.52M	11.81M	4.96M
Total Liabilities	483M	125M	91.21M	210M	876M
Common Stock, Total	10.11B	10.95B	64.99B	64.99B	64.99B
Retained Earnings	-1.44B	-1.47B	-1.54B	-1B	315M
Comprehensive Income and Other	-8.51B	-9.31B	-62.25B	-62.25B	-62.25B
Total Common Equity	167M	163M	1.2B	1.74B	3.06B
Minority Interest	-	-	-	-	-
Total Equity	167M	163M	1.2B	1.74B	3.06B
Total Liabilities And Equity	650M	288M	1.29B	1.95B	3.93B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	10.11B	10.95B	64.99B	64.99B	64.99B
ECS Total Common Shares Outstanding	10.11B	10.95B	64.99B	64.99B	64.99B
Book Value / Share	0.02	0.01	0.02	0.03	0.05
Tangible Book Value	164M	160M	1.2B	1.74B	3.06B
Tangible Book Value Per Share	0.02	0.01	0.02	0.03	0.05
Total Debt	12.55M	12.32M	14.64M	57.39M	35.93M
Net Debt	-37.62M	-11.22M	-1.05B	-1.36B	-1.71B
Debt Equivalent of Unfunded Proj. Benefit Obligation	9.51M	6.7M	5.49M	6.49M	6.15M
Debt Equivalent Oper. Leases	150M	77.34M	6.51M	4.17M	3.05M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Account Code - Inventory Valuation	6	6	6	3	3
Inventories - Raw Materials, Total	-	-	-	-	-
Inventories - Work In Process, Total	418K	-	-	-	-
Land - (BS)	72.97M	12.72M	12.19M	12.19M	12.19M
Buildings, Total	12.68M	4.29M	4.73M	7.64M	8.45M
Machinery, Total	58.53M	58.54M	59.99M	27.2M	29.23M
Assets under Capital Lease - Gross	3.4M	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-3.4M	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	145M	145M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	-91.01M	-22.67M	-63.13M	540M	1.32B
Depreciation & Amortization - CF	4.16M	4.2M	2.58M	15.39M	21.17M
Depreciation & Amortization, Total	4.16M	4.2M	2.58M	15.39M	21.17M
Amortization of Deferred Charges, Total - (CF)	1.54M	1.31M	879K	-	-
(Gain) Loss From Sale Of Asset	-2.42M	-	-	-6.2M	-21.02K
(Gain) Loss on Sale of Investments - (CF)	-3.91M	10.12M	61.43K	-2.73M	-4.67M
Asset Writedown & Restructuring Costs	17.54K	512K	-6.61M	108K	-
Stock-Based Compensation (CF)	-	-	-	-	-
Provision and Write-off of Bad Debts	-195M	-25.69M	439K	-483K	-
Other Operating Activities, Total	230M	-45.53M	23.37M	-39.73M	248M
Change in Trading Asset Securities	156K	5.37M	-	-	-
Change In Accounts Receivable	8.26M	58.74M	1.65M	-136M	-1.62B
Change In Inventories	-263K	418K	-	-	-
Change In Accounts Payable	-2.6M	-148M	-15.47M	70.16M	378M
Change in Unearned Revenues	10.74M	-19.5M	-	-	100M
Change in Other Net Operating Assets	37.1M	127M	7.8M	-848M	333M
Cash from Operations	-3.28M	-52.93M	-48.44M	-407M	768M
Capital Expenditure	-184K	-496K	-3.36M	-14.89M	-2.96M
Sale of Property, Plant, and Equipment	3.1M	-	-	10.17M	21.02K
Cash Acquisitions	-	-	-	-	-
Divestitures	854K	-	-	-	-
Sale (Purchase) of Real Estate properties	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-18.84K	-31.63K
Investment in Marketable and Equity Securities, Total	2.39M	-	14.86M	-	-
Other Investing Activities, Total	-	3.3M	-	-22.86M	-25.55M
Cash from Investing	6.16M	2.8M	11.5M	-27.6M	-28.52M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	-	-	30M	-	-
Total Debt Issued	-	-	30M	-	-
Short Term Debt Repaid, Total	-	-	-	-	-12.24M
Long-Term Debt Repaid, Total	-282K	-577K	-30.71M	-12.43M	-15.13M
Total Debt Repaid	-282K	-577K	-30.71M	-12.43M	-27.37M
Issuance of Common Stock	-	25M	1.08B	-	-
Other Financing Activities, Total	-45.8K	-29.67K	-1.21M	-2.37M	-2.89M
Cash from Financing	-328K	24.4M	1.08B	-14.8M	-30.25M
Foreign Exchange Rate Adjustments	-	-	-	4.78M	-27.36M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	2.56M	-25.73M	1.04B	-445M	682M
Supplemental Items
Cash Interest Paid	45.8K	29.67K	1.21M	2.37M	2.89M
Cash Income Tax Paid (Refund)	9.41M	2.79M	-25.22M	65.36M	142M
Levered Free Cash Flow	29.53M	-329M	-42.78M	261M	193M
Unlevered Free Cash Flow	31.07M	-329M	-41.69M	263M	196M
Change In Net Working Capital	-76.13M	295M	-418K	106M	866M
Net Debt Issued / Repaid	-282K	-577K	-715K	-12.43M	-27.37M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	-6.74	-8.25	-5.34	22.79	35.5
Return on Total Capital	-22.14	-21.8	-6.07	24.53	42.71
Return On Equity %	-42.18	-13.74	-9.26	36.78	54.91
Return on Common Equity	-42.18	-13.74	-9.26	36.78	54.91
Margin Analysis
Gross Profit Margin %	3.61	14.03	-8.32	67.95	68.63
SG&A Margin	34.79	181.44	457.79	11.71	7.92
EBITDA Margin %	-25.66	-94.85	-351.19	56.71	60.92
EBITA Margin %	-27.05	-101.76	-365.14	56.24	60.72
EBIT Margin %	-27.05	-101.76	-365.14	56.24	60.72
Income From Continuing Operations Margin %	-30.42	-37.28	-341.35	51.46	47.86
Net Income Margin %	-30.42	-37.28	-341.35	51.46	47.86
Net Avail. For Common Margin %	-30.42	-37.28	-341.35	51.46	47.86
Normalized Net Income Margin	-14.19	-60.53	-233.17	33.3	37.61
Levered Free Cash Flow Margin	9.87	-540.7	-231.3	24.86	7.03
Unlevered Free Cash Flow Margin	10.38	-540.28	-225.44	25.06	7.13
Asset Turnover
Asset Turnover	0.4	0.13	0.02	0.65	0.94
Fixed Assets Turnover	3.6	1.18	0.88	20.81	37.91
Receivables Turnover (Average Receivables)	2.57	1.85	1.79	12.91	2.89
Inventory Turnover (Average Inventory)	1K	-	-	-	-
Short Term Liquidity
Current Ratio	0.3	0.77	16.98	10.16	4.17
Quick Ratio	0.28	0.44	16.95	10.13	4.17
Operating Cash Flow to Current Liabilities	-0.01	-0.56	-0.76	-2.55	0.91
Days Sales Outstanding (Average Receivables)	142.19	197.41	204.44	28.28	126.28
Days Outstanding Inventory (Average Inventory)	0.36	-	-	-	-
Average Days Payable Outstanding	133.72	-	444.98	53.47	112.87
Cash Conversion Cycle (Average Days)	8.83	-	-	-	-
Long Term Solvency
Total Debt/Equity	7.51	7.57	1.22	3.3	1.18
Total Debt / Total Capital	6.98	7.03	1.21	3.2	1.16
LT Debt/Equity	-	-	0.14	1.84	0.66
Long-Term Debt / Total Capital	-	-	0.14	1.78	0.66
Total Liabilities / Total Assets	74.27	43.52	7.06	10.77	22.28
EBIT / Interest Expense	-33.03	-152.25	-38.94	172.03	399.24
EBITDA / Interest Expense	-31.33	-141.91	-37.45	176.51	404.3
(EBITDA - Capex) / Interest Expense	-31.4	-143.13	-39.39	172.17	403.6
Total Debt / EBITDA	-0.16	-0.21	-0.23	0.09	0.02
Net Debt / EBITDA	0.49	0.19	16.11	-2.25	-1.01
Total Debt / (EBITDA - Capex)	-0.16	-0.21	-0.21	0.1	0.02
Net Debt / (EBITDA - Capex)	0.49