Carindale Property Trust (CDP) - Net Assets

Latest as of June 2025: AU$561.02 Million AUD ≈ $396.96 Million USD

Based on the latest financial reports, Carindale Property Trust (CDP) has net assets worth AU$561.02 Million AUD (≈ $396.96 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$793.33 Million ≈ $561.33 Million USD) and total liabilities (AU$232.30 Million ≈ $164.37 Million 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. Check CDP asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$561.02 Million
% of Total Assets	70.72%
Annual Growth Rate	4.21%
5-Year Change	20.3%
10-Year Change	1.12%
Growth Volatility	8.94

Carindale Property Trust - Net Assets Trend (1998–2025)

This chart illustrates how Carindale Property Trust's net assets have evolved over time, based on quarterly financial data. Also explore Carindale Property Trust total assets for the complete picture of this company's asset base.

Annual Net Assets for Carindale Property Trust (1998–2025)

The table below shows the annual net assets of Carindale Property Trust from 1998 to 2025. For live valuation and market cap data, see Carindale Property Trust stock valuation.

Year	Net Assets	Change
2025-06-30	AU$561.02 Million ≈ $396.96 Million	+5.92%
2024-06-30	AU$529.68 Million ≈ $374.78 Million	+0.24%
2023-06-30	AU$528.42 Million ≈ $373.89 Million	+0.34%
2022-06-30	AU$526.65 Million ≈ $372.64 Million	+12.93%
2021-06-30	AU$466.34 Million ≈ $329.96 Million	+5.26%
2020-06-30	AU$443.02 Million ≈ $313.47 Million	-21.37%
2019-06-30	AU$563.40 Million ≈ $398.64 Million	-1.13%
2018-06-30	AU$569.84 Million ≈ $403.20 Million	-0.20%
2017-06-30	AU$570.99 Million ≈ $404.01 Million	+2.91%
2016-06-30	AU$554.83 Million ≈ $392.58 Million	+4.12%
2015-06-30	AU$532.89 Million ≈ $377.06 Million	+6.21%
2014-06-30	AU$501.73 Million ≈ $355.00 Million	+11.10%
2013-06-30	AU$451.59 Million ≈ $319.53 Million	+1.12%
2012-06-30	AU$446.60 Million ≈ $316.00 Million	+15.11%
2011-06-30	AU$387.97 Million ≈ $274.51 Million	-0.02%
2010-06-30	AU$388.05 Million ≈ $274.57 Million	-0.11%
2009-06-30	AU$388.48 Million ≈ $274.88 Million	-1.61%
2008-06-30	AU$394.85 Million ≈ $279.38 Million	+6.60%
2007-06-30	AU$370.40 Million ≈ $262.08 Million	+15.85%
2006-06-30	AU$319.72 Million ≈ $226.22 Million	+26.45%
2005-06-30	AU$252.84 Million ≈ $178.90 Million	+14.88%
2004-06-30	AU$220.09 Million ≈ $155.73 Million	+20.06%
2003-06-30	AU$183.32 Million ≈ $129.71 Million	0.00%
2002-06-30	AU$183.32 Million ≈ $129.71 Million	+0.05%
2001-06-30	AU$183.23 Million ≈ $129.65 Million	0.00%
2000-06-30	AU$183.23 Million ≈ $129.65 Million	-0.46%
1999-06-30	AU$184.08 Million ≈ $130.25 Million	-0.16%
1998-06-30	AU$184.38 Million ≈ $130.46 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Carindale Property Trust'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 grown by 27456500000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Retained Earnings	AU$274.56 Million	48.94%
Common Stock	AU$243.50 Million	43.40%
Other Comprehensive Income	AU$42.96 Million	7.66%
Total Equity	AU$561.02 Million	100.00%

Carindale Property Trust Competitors by Market Cap

The table below lists competitors of Carindale Property Trust ranked by their market capitalization.

Company	Market Cap
Shandong Swan Cotton SHG:603029	$316.77 Million
Xuchang Ketop Testing Research Ins SHE:003008	$316.85 Million
Anhui Huangshan Capsule Co Ltd SHE:002817	$316.88 Million
BLD Plantation Bhd KLSE:5069	$316.91 Million
RiverNorth Flexible Municipal Income Fund II Inc NYSE:RFMZ	$316.57 Million
Ratchthani Leasing Public Company Limited BK:THANI	$316.49 Million
Regional Management Corp NYSE:RM	$316.48 Million
Taiwan Optical Platform Co Ltd TW:6464	$316.47 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Carindale Property Trust's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 529,680,000 to 561,023,000, a change of 31,343,000 (5.9%).
Net income of 39,154,000 contributed positively to equity growth.
Dividend payments of 6,779,000 reduced retained earnings.
Other comprehensive income increased equity by 6,389,000.
Other factors decreased equity by 7,421,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$39.15 Million	+6.98%
Dividends Paid	AU$6.78 Million	-1.21%
Other Comprehensive Income	AU$6.39 Million	+1.14%
Other Changes	AU$-7.42 Million	-1.32%
Total Change	AU$-	5.92%

Book Value vs Market Value Analysis

This analysis compares Carindale Property Trust'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: 0.78x
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 decreased from 1.89x to 0.78x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1998-06-30	AU$2.86	AU$5.41	x
1999-06-30	AU$2.96	AU$5.41	x
2000-06-30	AU$2.62	AU$5.41	x
2001-06-30	AU$2.62	AU$5.41	x
2002-06-30	AU$2.62	AU$5.41	x
2003-06-30	AU$2.62	AU$5.41	x
2004-06-30	AU$3.14	AU$5.41	x
2005-06-30	AU$3.61	AU$5.41	x
2006-06-30	AU$4.57	AU$5.41	x
2007-06-30	AU$5.29	AU$5.41	x
2008-06-30	AU$5.64	AU$5.41	x
2009-06-30	AU$5.55	AU$5.41	x
2010-06-30	AU$5.54	AU$5.41	x
2011-06-30	AU$5.54	AU$5.41	x
2012-06-30	AU$6.38	AU$5.41	x
2013-06-30	AU$6.45	AU$5.41	x
2014-06-30	AU$7.17	AU$5.41	x
2015-06-30	AU$7.61	AU$5.41	x
2016-06-30	AU$7.93	AU$5.41	x
2017-06-30	AU$8.16	AU$5.41	x
2018-06-30	AU$8.14	AU$5.41	x
2019-06-30	AU$8.05	AU$5.41	x
2020-06-30	AU$6.33	AU$5.41	x
2021-06-30	AU$6.66	AU$5.41	x
2022-06-30	AU$7.36	AU$5.41	x
2023-06-30	AU$7.10	AU$5.41	x
2024-06-30	AU$6.81	AU$5.41	x
2025-06-30	AU$6.90	AU$5.41	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Carindale Property Trust 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): 6.98%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 63.58%
• Asset Turnover: 0.08x
• Equity Multiplier: 1.41x
Recent ROE (6.98%) is above the historical average (6.58%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1998	1.40%	0.00%	0.00x	1.54x	AU$-15.86 Million
1999	1.35%	0.00%	0.00x	1.92x	AU$-15.92 Million
2000	5.90%	80.71%	0.06x	1.23x	AU$-7.52 Million
2001	6.03%	53.99%	0.09x	1.24x	AU$-7.28 Million
2002	6.24%	52.43%	0.10x	1.24x	AU$-6.89 Million
2003	6.71%	52.86%	0.10x	1.24x	AU$-6.03 Million
2004	5.86%	53.15%	0.09x	1.21x	AU$-9.11 Million
2005	5.86%	55.95%	0.09x	1.19x	AU$-10.47 Million
2006	23.55%	268.28%	0.08x	1.17x	AU$43.33 Million
2007	18.39%	224.06%	0.07x	1.15x	AU$31.08 Million
2008	10.75%	128.74%	0.07x	1.15x	AU$2.95 Million
2009	3.14%	35.32%	0.08x	1.16x	AU$-26.63 Million
2010	4.90%	52.11%	0.08x	1.16x	AU$-19.79 Million
2011	5.00%	53.47%	0.07x	1.26x	AU$-19.41 Million
2012	17.49%	214.81%	0.05x	1.51x	AU$33.43 Million
2013	5.55%	49.88%	0.07x	1.52x	AU$-20.08 Million
2014	14.32%	134.68%	0.07x	1.47x	AU$21.67 Million
2015	10.44%	100.29%	0.07x	1.45x	AU$2.36 Million
2016	8.90%	88.14%	0.07x	1.44x	AU$-6.10 Million
2017	7.76%	79.02%	0.07x	1.43x	AU$-12.80 Million
2018	4.74%	48.44%	0.07x	1.44x	AU$-29.99 Million
2019	3.38%	35.65%	0.06x	1.52x	AU$-37.29 Million
2020	-24.31%	-208.50%	0.07x	1.68x	AU$-152.01 Million
2021	8.45%	78.66%	0.07x	1.62x	AU$-7.22 Million
2022	12.63%	126.17%	0.07x	1.52x	AU$13.85 Million
2023	1.52%	14.62%	0.07x	1.49x	AU$-44.82 Million
2024	1.44%	13.17%	0.07x	1.46x	AU$-45.34 Million
2025	6.98%	63.58%	0.08x	1.41x	AU$-16.95 Million

Industry Comparison

This section compares Carindale Property Trust's net assets metrics with peer companies in the REIT - Retail industry.

Industry Context

Industry: REIT - Retail
Average net assets among peers: $7,825,153,000
Average return on equity (ROE) among peers: 6.24%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Carindale Property Trust (CDP)	AU$561.02 Million	1.40%	0.41x	$316.71 Million
Charter Hall Retail REIT (CQR)	$1.12 Billion	4.85%	0.83x	$1.56 Billion
Dexus Convenience Retail REIT (DXC)	$453.27 Million	16.29%	0.43x	$608.14 Million
Homeco Daily Needs REIT (HDN)	$2.99 Billion	2.74%	0.60x	$1.84 Billion
Region Group (RGN)	$2.10 Billion	5.21%	0.60x	$1.84 Billion
Scentre Group (SCG)	$16.43 Billion	8.79%	0.91x	$13.71 Billion
Unibail-Rodamco-Westfield (URW)	$21.04 Billion	0.69%	1.55x	$16.52 Billion
Vicinity Centres (VCX)	$10.64 Billion	5.14%	0.48x	$8.37 Billion

About Carindale Property Trust

AU:CDP Australia REIT - Retail

Market Cap

$316.71 Million

AU$447.61 Million AUD

Market Cap Rank

#14805 Global

#391 in Australia

Share Price

AU$5.41

Change (1 day)

+0.00%

52-Week Range

AU$4.80 - AU$5.72

All Time High

AU$5.90