Centuria Industrial REIT (CIP) - Net Assets
Based on the latest financial reports, Centuria Industrial REIT (CIP) has net assets worth AU$2.51 Billion AUD (≈ $1.77 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$3.97 Billion ≈ $2.81 Billion USD) and total liabilities (AU$1.46 Billion ≈ $1.03 Billion 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 Centuria Industrial REIT strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$2.51 Billion |
| % of Total Assets | 63.19% |
| Annual Growth Rate | 19.75% |
| 5-Year Change | -6.82% |
| 10-Year Change | 392.37% |
| Growth Volatility | 32.22 |
Centuria Industrial REIT - Net Assets Trend (2009–2026)
This chart illustrates how Centuria Industrial REIT's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Centuria Industrial REIT worth.
Annual Net Assets for Centuria Industrial REIT (2009–2026)
The table below shows the annual net assets of Centuria Industrial REIT from 2009 to 2026. Also explore Centuria Industrial REIT (CIP) net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-06-30 | AU$2.51 Billion ≈ $1.77 Billion |
+0.75% |
| 2025-06-30 | AU$2.49 Billion ≈ $1.76 Billion |
+1.20% |
| 2024-06-30 | AU$2.46 Billion ≈ $1.74 Billion |
-2.13% |
| 2023-06-30 | AU$2.51 Billion ≈ $1.78 Billion |
-6.63% |
| 2022-06-30 | AU$2.69 Billion ≈ $1.90 Billion |
+26.72% |
| 2021-06-30 | AU$2.12 Billion ≈ $1.50 Billion |
+86.32% |
| 2020-06-30 | AU$1.14 Billion ≈ $805.95 Million |
+51.96% |
| 2019-06-30 | AU$749.55 Million ≈ $530.35 Million |
+15.76% |
| 2018-06-30 | AU$647.49 Million ≈ $458.14 Million |
+27.22% |
| 2017-06-30 | AU$508.96 Million ≈ $360.12 Million |
+1.47% |
| 2016-06-30 | AU$501.60 Million ≈ $354.91 Million |
+40.70% |
| 2015-06-30 | AU$356.50 Million ≈ $252.25 Million |
+76.56% |
| 2014-06-30 | AU$201.92 Million ≈ $142.87 Million |
+11.46% |
| 2013-06-30 | AU$181.15 Million ≈ $128.18 Million |
+85.42% |
| 2012-06-30 | AU$97.70 Million ≈ $69.13 Million |
-11.70% |
| 2011-06-30 | AU$110.64 Million ≈ $78.29 Million |
+1.56% |
| 2010-06-30 | AU$108.94 Million ≈ $77.08 Million |
-6.96% |
| 2009-06-30 | AU$117.09 Million ≈ $82.85 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Centuria Industrial REIT'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 76405100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$702.00 Million | 28.01% |
| Common Stock | AU$1.80 Billion | 71.99% |
| Total Equity | AU$2.51 Billion | 100.00% |
Centuria Industrial REIT Competitors by Market Cap
The table below lists competitors of Centuria Industrial REIT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guild Holdings Co
NYSE:GHLD
|
$1.25 Billion |
|
Sonic Automotive Inc
NYSE:SAH
|
$1.25 Billion |
|
Jess-Link Products Co Ltd
TW:6197
|
$1.25 Billion |
|
RES.MINING UNSP.ADR/10
F:RSM0
|
$1.25 Billion |
|
Ingenia Communities Group
AU:INA
|
$1.25 Billion |
|
ZINKA LOGISTICS SOL LTD
NSE:BLACKBUCK
|
$1.25 Billion |
|
Shinkong Synthetic Fiber Corp
TW:1409
|
$1.25 Billion |
|
Vcanbio Cell & Gene Engineering Corp Ltd
SHG:600645
|
$1.25 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Centuria Industrial REIT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 2,487,279,000 to 2,506,000,000, a change of 18,721,000 (0.8%).
- Net income of 160,382,000 contributed positively to equity growth.
- Dividend payments of 104,820,000 reduced retained earnings.
- Share repurchases of 36,489,000 reduced equity.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$160.38 Million | +6.4% |
| Dividends Paid | AU$104.82 Million | -4.18% |
| Share Repurchases | AU$36.49 Million | -1.46% |
| Other Changes | AU$-352.00K | -0.01% |
| Total Change | AU$- | 0.75% |
Book Value vs Market Value Analysis
This analysis compares Centuria Industrial REIT'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: 0.71x
- 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 1.16x to 0.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-06-30 | AU$2.42 | AU$2.82 | x |
| 2010-06-30 | AU$2.26 | AU$2.82 | x |
| 2011-06-30 | AU$2.32 | AU$2.82 | x |
| 2012-06-30 | AU$2.04 | AU$2.82 | x |
| 2013-06-30 | AU$3.45 | AU$2.82 | x |
| 2014-06-30 | AU$2.16 | AU$2.82 | x |
| 2015-06-30 | AU$2.89 | AU$2.82 | x |
| 2016-06-30 | AU$2.58 | AU$2.82 | x |
| 2017-06-30 | AU$2.40 | AU$2.82 | x |
| 2018-06-30 | AU$2.66 | AU$2.82 | x |
| 2019-06-30 | AU$2.87 | AU$2.82 | x |
| 2020-06-30 | AU$3.36 | AU$2.82 | x |
| 2021-06-30 | AU$4.09 | AU$2.82 | x |
| 2022-06-30 | AU$4.39 | AU$2.82 | x |
| 2023-06-30 | AU$4.09 | AU$2.82 | x |
| 2024-06-30 | AU$3.87 | AU$2.82 | x |
| 2025-06-30 | AU$3.92 | AU$2.82 | x |
| 2026-06-30 | AU$3.99 | AU$2.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Centuria Industrial REIT utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.40%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 64.26%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.58x
- Recent ROE (6.40%) is above the historical average (4.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -74.84% | -219.20% | 0.12x | 2.95x | AU$-99.34 Million |
| 2010 | -4.63% | -15.06% | 0.11x | 2.71x | AU$-15.94 Million |
| 2011 | 3.16% | 10.20% | 0.12x | 2.57x | AU$-7.57 Million |
| 2013 | 7.53% | 38.29% | 0.10x | 1.92x | AU$-4.48 Million |
| 2014 | 20.77% | 109.95% | 0.10x | 1.81x | AU$21.75 Million |
| 2015 | 12.32% | 87.27% | 0.08x | 1.75x | AU$8.27 Million |
| 2016 | 9.93% | 66.15% | 0.08x | 1.84x | AU$-371.60K |
| 2017 | 9.98% | 62.84% | 0.09x | 1.81x | AU$-79.20K |
| 2018 | 15.27% | 111.59% | 0.08x | 1.69x | AU$34.15 Million |
| 2019 | 10.05% | 80.26% | 0.08x | 1.67x | AU$382.30K |
| 2020 | 6.61% | 63.72% | 0.07x | 1.44x | AU$-38.57 Million |
| 2021 | 28.80% | 381.16% | 0.05x | 1.46x | AU$399.01 Million |
| 2022 | 13.66% | 178.94% | 0.05x | 1.54x | AU$98.55 Million |
| 2023 | -3.05% | -33.51% | 0.06x | 1.56x | AU$-327.72 Million |
| 2024 | 1.96% | 21.12% | 0.06x | 1.58x | AU$-197.62 Million |
| 2025 | 5.35% | 57.03% | 0.06x | 1.58x | AU$-115.67 Million |
| 2026 | 6.40% | 64.26% | 0.06x | 1.58x | AU$-90.22 Million |
Industry Comparison
This section compares Centuria Industrial REIT's net assets metrics with peer companies in the REIT - Industrial industry.
Industry Context
- Industry: REIT - Industrial
- Average net assets among peers: $415,996,000
- Average return on equity (ROE) among peers: 12.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Centuria Industrial REIT (CIP) | AU$2.51 Billion | -74.84% | 0.58x | $1.25 Billion |
| Abacus Storage King (ASK) | $240.51 Million | 17.49% | 1.32x | $1.03 Billion |
| BWP Trust (BWP) | $973.96 Million | 7.18% | 0.37x | $1.99 Billion |
| Dexus Industria REIT (DXI) | $419.36 Million | 24.24% | 0.53x | $523.18 Million |
| National Storage REIT (NSR) | $30.15 Million | 0.00% | 6.35x | $3.02 Billion |
About Centuria Industrial REIT
Centuria Industrial REIT is Australia's largest domestic pure play industrial REIT. CIP's portfolio of high-quality industrial assets is situated in urban infill locations throughout Australia and is underpinned by a quality and diverse tenant base. CIP is overseen by a hands-on, active manager and provides investors with income and an opportunity for capital growth from a pure play portfolio of … Read more