Charter Hall Retail REIT
Charter Hall Retail REIT is the leading owner of property for convenience retailers. Charter Hall Retail REIT is managed by Charter Hall Group (ASX: CHC). Charter Hall is one of Australia's leading fully integrated property investment and funds management groups. We use our expertise to access, deploy, manage and invest equity to create value and generate superior returns for our investor custome… Read more
Charter Hall Retail REIT (CQR) - Net Assets
Latest net assets as of December 2025: AU$2.85 Billion AUD
Based on the latest financial reports, Charter Hall Retail REIT (CQR) has net assets worth AU$2.85 Billion AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$4.26 Billion) and total liabilities (AU$1.40 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$2.85 Billion |
| % of Total Assets | 67.05% |
| Annual Growth Rate | 11.42% |
| 5-Year Change | 16.87% |
| 10-Year Change | 75.84% |
| Growth Volatility | 28.37 |
Charter Hall Retail REIT - Net Assets Trend (1996–2025)
This chart illustrates how Charter Hall Retail REIT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Charter Hall Retail REIT (1996–2025)
The table below shows the annual net assets of Charter Hall Retail REIT from 1996 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$2.69 Billion | +2.89% |
| 2024-06-30 | AU$2.62 Billion | -4.73% |
| 2023-06-30 | AU$2.75 Billion | -3.71% |
| 2022-06-30 | AU$2.85 Billion | +23.83% |
| 2021-06-30 | AU$2.31 Billion | +7.61% |
| 2020-06-30 | AU$2.14 Billion | +18.96% |
| 2019-06-30 | AU$1.80 Billion | +6.14% |
| 2018-06-30 | AU$1.70 Billion | +1.31% |
| 2017-06-30 | AU$1.67 Billion | +9.29% |
| 2016-06-30 | AU$1.53 Billion | +13.52% |
| 2015-06-30 | AU$1.35 Billion | +7.54% |
| 2014-06-30 | AU$1.26 Billion | +11.95% |
| 2013-06-30 | AU$1.12 Billion | +4.80% |
| 2012-06-30 | AU$1.07 Billion | -3.60% |
| 2011-06-30 | AU$1.11 Billion | -1.09% |
| 2010-06-30 | AU$1.12 Billion | -53.73% |
| 2009-06-30 | AU$2.42 Billion | -7.85% |
| 2008-06-30 | AU$2.63 Billion | 0.00% |
| 2007-06-30 | AU$2.63 Billion | +13.87% |
| 2006-06-30 | AU$2.31 Billion | +120.32% |
| 2005-06-30 | AU$1.05 Billion | +45.41% |
| 2004-06-30 | AU$721.32 Million | +41.87% |
| 2003-06-30 | AU$508.44 Million | +19.63% |
| 2002-06-30 | AU$425.02 Million | +39.56% |
| 2001-06-30 | AU$304.55 Million | +8.48% |
| 2000-06-30 | AU$280.73 Million | 0.00% |
| 1999-06-30 | AU$280.73 Million | +19.62% |
| 1998-06-30 | AU$234.69 Million | +59.78% |
| 1997-06-30 | AU$146.88 Million | +25.28% |
| 1996-06-30 | AU$117.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Charter Hall Retail 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 decreased by 19530000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$2.88 Billion | 107.07% |
| Other Comprehensive Income | AU$4.80 Million | 0.18% |
| Total Equity | AU$2.69 Billion | 100.00% |
Charter Hall Retail REIT Competitors by Market Cap
The table below lists competitors of Charter Hall Retail REIT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Linyang Energy Co Ltd
SHG:601222
|
$1.08 Billion |
|
Chipbond Technology
TWO:6147
|
$1.08 Billion |
|
Beijing Toread Outdoor Product
SHE:300005
|
$1.08 Billion |
|
Indorama Ventures Public Company Limited
F:I93
|
$1.08 Billion |
|
Shanghai Haoyuan Chemexpress Co. Ltd. A
SHG:688131
|
$1.08 Billion |
|
Babcock & Wilcox Enterprises Inc
NYSE:BW
|
$1.08 Billion |
|
Zhejiang Huafon Spandex Co Ltd
SHE:002064
|
$1.08 Billion |
|
Shenzhen Fenda Technology Co Ltd
SHE:002681
|
$1.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Charter Hall Retail REIT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,618,600,000 to 2,694,200,000, a change of 75,600,000 (2.9%).
- Net income of 213,800,000 contributed positively to equity growth.
- Dividend payments of 143,300,000 reduced retained earnings.
- Other comprehensive income increased equity by 5,400,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$213.80 Million | +7.94% |
| Dividends Paid | AU$143.30 Million | -5.32% |
| Other Comprehensive Income | AU$5.40 Million | +0.2% |
| Other Changes | AU$-300.00K | -0.01% |
| Total Change | AU$- | 2.89% |
Book Value vs Market Value Analysis
This analysis compares Charter Hall Retail 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: 0.85x
- 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 19.48x to 0.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-06-30 | AU$0.20 | AU$3.93 | x |
| 1997-06-30 | AU$0.25 | AU$3.93 | x |
| 1998-06-30 | AU$6.59 | AU$3.93 | x |
| 1999-06-30 | AU$0.48 | AU$3.93 | x |
| 2000-06-30 | AU$6.10 | AU$3.93 | x |
| 2001-06-30 | AU$5.96 | AU$3.93 | x |
| 2002-06-30 | AU$7.14 | AU$3.93 | x |
| 2003-06-30 | AU$6.82 | AU$3.93 | x |
| 2004-06-30 | AU$7.94 | AU$3.93 | x |
| 2005-06-30 | AU$9.43 | AU$3.93 | x |
| 2006-06-30 | AU$9.64 | AU$3.93 | x |
| 2007-06-30 | AU$4.53 | AU$3.93 | x |
| 2008-06-30 | AU$10.51 | AU$3.93 | x |
| 2009-06-30 | AU$9.05 | AU$3.93 | x |
| 2010-06-30 | AU$3.98 | AU$3.93 | x |
| 2011-06-30 | AU$3.72 | AU$3.93 | x |
| 2012-06-30 | AU$3.51 | AU$3.93 | x |
| 2013-06-30 | AU$3.46 | AU$3.93 | x |
| 2014-06-30 | AU$3.53 | AU$3.93 | x |
| 2015-06-30 | AU$2.32 | AU$3.93 | x |
| 2016-06-30 | AU$3.87 | AU$3.93 | x |
| 2017-06-30 | AU$4.13 | AU$3.93 | x |
| 2018-06-30 | AU$4.20 | AU$3.93 | x |
| 2019-06-30 | AU$3.10 | AU$3.93 | x |
| 2020-06-30 | AU$3.69 | AU$3.93 | x |
| 2021-06-30 | AU$4.03 | AU$3.93 | x |
| 2022-06-30 | AU$4.93 | AU$3.93 | x |
| 2023-06-30 | AU$4.73 | AU$3.93 | x |
| 2024-06-30 | AU$4.51 | AU$3.93 | x |
| 2025-06-30 | AU$4.64 | AU$3.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Charter Hall Retail REIT utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 108.75%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.59x
- Recent ROE (7.94%) is above the historical average (4.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 0.65% | 0.00% | 0.00x | 1.64x | AU$-10.96 Million |
| 1997 | 9.49% | 0.00% | 0.00x | 1.63x | AU$-755.00K |
| 1998 | 7.88% | 0.00% | 0.00x | 1.47x | AU$-4.98 Million |
| 1999 | 9.20% | 0.00% | 0.00x | 1.47x | AU$-2.24 Million |
| 2000 | 9.20% | 0.00% | 0.00x | 1.47x | AU$-2.24 Million |
| 2001 | 12.53% | 64.38% | 0.12x | 1.57x | AU$7.71 Million |
| 2002 | 8.98% | 56.70% | 0.10x | 1.56x | AU$-4.34 Million |
| 2003 | 9.24% | 69.82% | 0.09x | 1.55x | AU$-3.86 Million |
| 2004 | 7.94% | 72.99% | 0.08x | 1.41x | AU$-14.83 Million |
| 2005 | 7.42% | 80.54% | 0.07x | 1.29x | AU$-27.06 Million |
| 2006 | 10.24% | 198.66% | 0.04x | 1.33x | AU$5.51 Million |
| 2007 | 18.75% | 397.50% | 0.03x | 1.36x | AU$230.15 Million |
| 2008 | 18.75% | 397.50% | 0.03x | 1.36x | AU$230.15 Million |
| 2009 | 4.14% | 55.13% | 0.05x | 1.52x | AU$-142.10 Million |
| 2010 | -127.90% | -694.92% | 0.10x | 1.89x | AU$-1.55 Billion |
| 2011 | 6.65% | 39.28% | 0.10x | 1.76x | AU$-37.18 Million |
| 2012 | 5.88% | 31.83% | 0.10x | 1.78x | AU$-44.08 Million |
| 2013 | 4.85% | 31.54% | 0.08x | 1.83x | AU$-57.71 Million |
| 2014 | 6.79% | 46.23% | 0.09x | 1.65x | AU$-40.31 Million |
| 2015 | 12.04% | 80.89% | 0.10x | 1.56x | AU$27.53 Million |
| 2016 | 11.79% | 85.40% | 0.09x | 1.60x | AU$27.48 Million |
| 2017 | 15.01% | 116.72% | 0.08x | 1.62x | AU$83.85 Million |
| 2018 | 8.63% | 64.58% | 0.08x | 1.63x | AU$-23.25 Million |
| 2019 | 2.45% | 21.91% | 0.07x | 1.62x | AU$-135.87 Million |
| 2020 | 2.06% | 21.45% | 0.07x | 1.45x | AU$-170.01 Million |
| 2021 | 12.63% | 151.98% | 0.06x | 1.45x | AU$60.68 Million |
| 2022 | 23.25% | 330.48% | 0.05x | 1.42x | AU$378.15 Million |
| 2023 | 1.38% | 17.76% | 0.05x | 1.49x | AU$-237.05 Million |
| 2024 | 0.66% | 7.98% | 0.06x | 1.45x | AU$-244.66 Million |
| 2025 | 7.94% | 108.75% | 0.05x | 1.59x | AU$-55.62 Million |
Industry Comparison
This section compares Charter Hall Retail REIT's net assets metrics with peer companies in the REIT - Retail industry.
Industry Context
- Industry: REIT - Retail
- Average net assets among peers: $1,042,337,333
- Average return on equity (ROE) among peers: 8.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Charter Hall Retail REIT (CQR) | AU$2.85 Billion | 0.65% | 0.49x | $1.08 Billion |
| Carindale Property Trust (CDP) | $569.84 Million | 4.74% | 0.44x | $80.54 Million |
| Dexus Convenience Retail REIT (DXC) | $453.27 Million | 16.29% | 0.43x | $210.31 Million |
| Region Group (RGN) | $2.10 Billion | 5.21% | 0.60x | $1.50 Billion |