Australian Unity Office Fund (AOF) - Net Assets

Latest as of December 2025: AU$69.79 Million AUD ≈ $49.38 Million USD

Based on the latest financial reports, Australian Unity Office Fund (AOF) has net assets worth AU$69.79 Million AUD (≈ $49.38 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$70.61 Million ≈ $49.96 Million USD) and total liabilities (AU$815.00K ≈ $576.66K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore AOF total asset value for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$69.79 Million
% of Total Assets	98.85%
Annual Growth Rate	-5.09%
5-Year Change	-83.59%
10-Year Change	-73.38%
Growth Volatility	27.24

Australian Unity Office Fund - Net Assets Trend (2011–2025)

This chart illustrates how Australian Unity Office Fund's net assets have evolved over time, based on quarterly financial data. Check AOF tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Australian Unity Office Fund (2011–2025)

The table below shows the annual net assets of Australian Unity Office Fund from 2011 to 2025. For live valuation and market cap data, see market cap of Australian Unity Office Fund.

Year	Net Assets	Change
2025-06-30	AU$72.99 Million ≈ $51.64 Million	-68.16%
2024-06-30	AU$229.23 Million ≈ $162.20 Million	-26.91%
2023-06-30	AU$313.62 Million ≈ $221.91 Million	-15.58%
2022-06-30	AU$371.49 Million ≈ $262.85 Million	-16.49%
2021-06-30	AU$444.83 Million ≈ $314.75 Million	+0.45%
2020-06-30	AU$442.83 Million ≈ $313.33 Million	-2.46%
2019-06-30	AU$454.01 Million ≈ $321.24 Million	+4.39%
2018-06-30	AU$434.91 Million ≈ $307.73 Million	+38.63%
2017-06-30	AU$313.73 Million ≈ $221.98 Million	+14.44%
2016-06-30	AU$274.15 Million ≈ $193.98 Million	+48.37%
2015-06-30	AU$184.77 Million ≈ $130.74 Million	+7.77%
2014-06-30	AU$171.45 Million ≈ $121.31 Million	+18.22%
2013-06-30	AU$145.02 Million ≈ $102.61 Million	+2.38%
2012-06-30	AU$141.65 Million ≈ $100.22 Million	-6.62%
2011-06-30	AU$151.68 Million ≈ $107.33 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Australian Unity Office Fund's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 30108000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Common Stock	AU$72.99 Million	100.00%
Other Components	AU$301.08 Million	412.51%
Total Equity	AU$72.99 Million	100.00%

Australian Unity Office Fund Competitors by Market Cap

The table below lists competitors of Australian Unity Office Fund ranked by their market capitalization.

Company	Market Cap
JC Chemical Co. Ltd KQ:137950	$42.46 Million
Dreamus Company KQ:060570	$42.46 Million
Trimitra Prawara Goldland Tbk Pt JK:ATAP	$42.48 Million
S&S Power Switchgears Limited NSE:S&SPOWER	$42.48 Million
Renishaw PLC LSE:RSW	$42.44 Million
DK-Lok Corporation KQ:105740	$42.43 Million
Crest Group Berhad KLSE:0323	$42.38 Million
3U Holding AG XETRA:UUU	$42.34 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Australian Unity Office Fund's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 229,232,000 to 72,987,000, a change of -156,245,000 (-68.2%).
Net loss of 35,588,000 reduced equity.
Dividend payments of 136,602,000 reduced retained earnings.
Other factors increased equity by 15,945,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$-35.59 Million	-48.76%
Dividends Paid	AU$136.60 Million	-187.16%
Other Changes	AU$15.95 Million	+21.85%
Total Change	AU$-	-68.16%

Book Value vs Market Value Analysis

This analysis compares Australian Unity Office Fund's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.82x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has increased from 0.41x to 0.82x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-06-30	AU$0.88	AU$0.37	x
2014-06-30	AU$1.04	AU$0.37	x
2015-06-30	AU$1.12	AU$0.37	x
2016-06-30	AU$1.95	AU$0.37	x
2017-06-30	AU$2.23	AU$0.37	x
2018-06-30	AU$2.65	AU$0.37	x
2019-06-30	AU$2.79	AU$0.37	x
2020-06-30	AU$2.72	AU$0.37	x
2021-06-30	AU$2.72	AU$0.37	x
2022-06-30	AU$2.26	AU$0.37	x
2023-06-30	AU$1.91	AU$0.37	x
2024-06-30	AU$1.39	AU$0.37	x
2025-06-30	AU$0.44	AU$0.37	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Australian Unity Office Fund utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): -48.76%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -502.30%
• Asset Turnover: 0.09x
• Equity Multiplier: 1.08x
Recent ROE (-48.76%) is below the historical average (0.44%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	11.28%	45.15%	0.11x	2.25x	AU$1.85 Million
2014	5.08%	23.37%	0.10x	2.13x	AU$-8.44 Million
2015	12.81%	56.92%	0.11x	2.05x	AU$5.19 Million
2016	6.80%	43.56%	0.11x	1.48x	AU$-8.78 Million
2017	19.33%	168.27%	0.08x	1.42x	AU$29.26 Million
2018	22.37%	182.19%	0.08x	1.48x	AU$53.80 Million
2019	9.87%	76.11%	0.09x	1.49x	AU$-572.90K
2020	2.99%	23.01%	0.08x	1.53x	AU$-31.04 Million
2021	5.23%	45.71%	0.08x	1.46x	AU$-21.23 Million
2022	-13.02%	-103.66%	0.08x	1.49x	AU$-85.50 Million
2023	-1.42%	-14.04%	0.09x	1.14x	AU$-35.80 Million
2024	-26.78%	-247.79%	0.10x	1.10x	AU$-84.31 Million
2025	-48.76%	-502.30%	0.09x	1.08x	AU$-42.89 Million

Industry Comparison

This section compares Australian Unity Office Fund's net assets metrics with peer companies in the REIT - Office industry.

Industry Context

Industry: REIT - Office
Average net assets among peers: $2,999,823,304
Average return on equity (ROE) among peers: 3.76%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Australian Unity Office Fund (AOF)	AU$69.79 Million	11.28%	0.01x	$42.45 Million
Cromwell Property Group (CMW)	$-897.79K	0.00%	0.00x	$806.06 Million
Centuria Office REIT (COF)	$1.28 Billion	1.80%	0.65x	$378.28 Million
Dexus (DXS)	$9.91 Billion	1.58%	0.55x	$4.39 Billion
Growthpoint Properties Australia (GOZ)	$804.14 Million	11.68%	1.09x	$1.16 Billion

About Australian Unity Office Fund

AU:AOF Australia REIT - Office

Market Cap

$42.45 Million

AU$60.00 Million AUD

Market Cap Rank

#22497 Global

#813 in Australia

Share Price

AU$0.37

Change (1 day)

+0.00%

52-Week Range

AU$0.34 - AU$0.47

All Time High

AU$2.08