Cedar Woods Properties Ltd
Cedar Woods Properties Limited develops and invests in properties in Australia. It engages in the acquisition, development, marketing, and sale of housing lots, apartments, townhouses, and commercial properties in Western Australia, South Australia, Victoria, and Queensland. The company was incorporated in 1987 and is based in West Perth, Australia.
Cedar Woods Properties Ltd (CWP) - Net Assets
Latest net assets as of June 2025: AU$489.19 Million AUD
Based on the latest financial reports, Cedar Woods Properties Ltd (CWP) has net assets worth AU$489.19 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$857.68 Million) and total liabilities (AU$368.49 Million). 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$489.19 Million |
| % of Total Assets | 57.04% |
| Annual Growth Rate | 11.47% |
| 5-Year Change | 22.19% |
| 10-Year Change | 59.25% |
| Growth Volatility | 11.05 |
Cedar Woods Properties Ltd - Net Assets Trend (1993–2025)
This chart illustrates how Cedar Woods Properties Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cedar Woods Properties Ltd (1993–2025)
The table below shows the annual net assets of Cedar Woods Properties Ltd from 1993 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$489.19 Million | +6.16% |
| 2024-06-30 | AU$460.79 Million | +6.89% |
| 2023-06-30 | AU$431.10 Million | +2.35% |
| 2022-06-30 | AU$421.22 Million | +5.21% |
| 2021-06-30 | AU$400.36 Million | +6.25% |
| 2020-06-30 | AU$376.80 Million | +0.07% |
| 2019-06-30 | AU$376.53 Million | +6.61% |
| 2018-06-30 | AU$353.19 Million | +6.95% |
| 2017-06-30 | AU$330.23 Million | +7.50% |
| 2016-06-30 | AU$307.19 Million | +7.56% |
| 2015-06-30 | AU$285.61 Million | +9.18% |
| 2014-06-30 | AU$261.60 Million | +25.92% |
| 2013-06-30 | AU$207.74 Million | +12.52% |
| 2012-06-30 | AU$184.63 Million | +42.51% |
| 2011-06-30 | AU$129.55 Million | +19.08% |
| 2010-06-30 | AU$108.79 Million | +16.63% |
| 2009-06-30 | AU$93.28 Million | +11.12% |
| 2008-06-30 | AU$83.95 Million | +17.17% |
| 2007-06-30 | AU$71.64 Million | +4.67% |
| 2006-06-30 | AU$68.45 Million | +24.55% |
| 2005-06-30 | AU$54.96 Million | +14.90% |
| 2004-06-30 | AU$47.83 Million | +29.89% |
| 2003-06-30 | AU$36.83 Million | +26.96% |
| 2002-06-30 | AU$29.01 Million | +3.68% |
| 2001-06-30 | AU$27.98 Million | +10.82% |
| 2000-06-30 | AU$25.25 Million | -0.40% |
| 1999-06-30 | AU$25.35 Million | +9.35% |
| 1998-06-30 | AU$23.18 Million | -2.04% |
| 1997-06-30 | AU$23.66 Million | -2.53% |
| 1996-06-30 | AU$24.28 Million | -2.42% |
| 1995-06-30 | AU$24.88 Million | +33.75% |
| 1994-06-30 | AU$18.60 Million | +22.89% |
| 1993-06-30 | AU$15.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cedar Woods Properties Ltd'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 35382900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$345.92 Million | 70.71% |
| Common Stock | AU$139.11 Million | 28.44% |
| Other Comprehensive Income | AU$4.17 Million | 0.85% |
| Total Equity | AU$489.19 Million | 100.00% |
Cedar Woods Properties Ltd Competitors by Market Cap
The table below lists competitors of Cedar Woods Properties Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Garware Hi-Tech Films Limited
NSE:GRWRHITECH
|
$306.95 Million |
|
Alpargatas S.A
SA:ALPA3
|
$307.02 Million |
|
Facc AG
VI:FACC
|
$307.05 Million |
|
Zhejiang Zhenyuan Share Co Ltd
SHE:000705
|
$307.06 Million |
|
Luoyang Jalon Micro-Nano New Materials Co Ltd
SHG:688357
|
$306.92 Million |
|
Shinkong Textile Co Ltd
TW:1419
|
$306.86 Million |
|
Hartalega Holdings Bhd
KLSE:5168
|
$306.86 Million |
|
NOTE AB
ST:NOTE
|
$306.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cedar Woods Properties Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 460,791,000 to 489,195,000, a change of 28,404,000 (6.2%).
- Net income of 48,140,000 contributed positively to equity growth.
- Dividend payments of 22,278,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,812,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$48.14 Million | +9.84% |
| Dividends Paid | AU$22.28 Million | -4.55% |
| Other Comprehensive Income | AU$1.81 Million | +0.37% |
| Other Changes | AU$730.00K | +0.15% |
| Total Change | AU$- | 6.16% |
Book Value vs Market Value Analysis
This analysis compares Cedar Woods Properties Ltd'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: 1.38x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 15.95x to 1.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-06-30 | AU$0.50 | AU$8.05 | x |
| 1994-06-30 | AU$0.62 | AU$8.05 | x |
| 1995-06-30 | AU$0.62 | AU$8.05 | x |
| 1996-06-30 | AU$0.58 | AU$8.05 | x |
| 1997-06-30 | AU$0.57 | AU$8.05 | x |
| 1998-06-30 | AU$0.57 | AU$8.05 | x |
| 1999-06-30 | AU$0.58 | AU$8.05 | x |
| 2000-06-30 | AU$0.56 | AU$8.05 | x |
| 2001-06-30 | AU$0.60 | AU$8.05 | x |
| 2002-06-30 | AU$0.60 | AU$8.05 | x |
| 2003-06-30 | AU$0.75 | AU$8.05 | x |
| 2004-06-30 | AU$0.94 | AU$8.05 | x |
| 2005-06-30 | AU$1.03 | AU$8.05 | x |
| 2006-06-30 | AU$1.13 | AU$8.05 | x |
| 2007-06-30 | AU$1.31 | AU$8.05 | x |
| 2008-06-30 | AU$1.53 | AU$8.05 | x |
| 2009-06-30 | AU$1.63 | AU$8.05 | x |
| 2010-06-30 | AU$1.83 | AU$8.05 | x |
| 2011-06-30 | AU$2.12 | AU$8.05 | x |
| 2012-06-30 | AU$2.87 | AU$8.05 | x |
| 2013-06-30 | AU$2.85 | AU$8.05 | x |
| 2014-06-30 | AU$3.53 | AU$8.05 | x |
| 2015-06-30 | AU$3.64 | AU$8.05 | x |
| 2016-06-30 | AU$3.89 | AU$8.05 | x |
| 2017-06-30 | AU$4.17 | AU$8.05 | x |
| 2018-06-30 | AU$4.45 | AU$8.05 | x |
| 2019-06-30 | AU$4.69 | AU$8.05 | x |
| 2020-06-30 | AU$4.66 | AU$8.05 | x |
| 2021-06-30 | AU$4.91 | AU$8.05 | x |
| 2022-06-30 | AU$5.10 | AU$8.05 | x |
| 2023-06-30 | AU$5.18 | AU$8.05 | x |
| 2024-06-30 | AU$5.52 | AU$8.05 | x |
| 2025-06-30 | AU$5.84 | AU$8.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cedar Woods Properties Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.84%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.33%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.75x
- Recent ROE (9.84%) is below the historical average (12.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | -28.71% | 0.00% | 0.00x | 2.04x | AU$-5.86 Million |
| 1994 | 8.65% | 0.00% | 0.00x | 1.76x | AU$-251.20K |
| 1995 | 5.49% | 0.00% | 0.00x | 1.17x | AU$-1.12 Million |
| 1996 | 11.19% | 0.00% | 0.00x | 1.23x | AU$290.11K |
| 1997 | 14.94% | 0.00% | 0.00x | 1.77x | AU$1.17 Million |
| 1998 | 12.24% | 0.00% | 0.00x | 2.03x | AU$518.88K |
| 1999 | 12.32% | 0.00% | 0.00x | 1.88x | AU$589.18K |
| 2000 | 9.68% | 11.19% | 0.61x | 1.43x | AU$-79.57K |
| 2001 | 8.45% | 11.61% | 0.46x | 1.59x | AU$-433.81K |
| 2002 | 11.87% | 13.19% | 0.52x | 1.73x | AU$543.36K |
| 2003 | 19.37% | 19.72% | 0.54x | 1.81x | AU$3.45 Million |
| 2004 | 21.44% | 17.93% | 0.60x | 1.98x | AU$5.47 Million |
| 2005 | 22.56% | 16.50% | 0.58x | 2.37x | AU$6.90 Million |
| 2006 | 26.81% | 20.06% | 0.41x | 3.25x | AU$10.16 Million |
| 2007 | 25.90% | 20.56% | 0.58x | 2.17x | AU$11.39 Million |
| 2008 | 24.49% | 24.96% | 0.45x | 2.20x | AU$12.16 Million |
| 2009 | 9.93% | 8.72% | 0.65x | 1.74x | AU$-64.80K |
| 2010 | 15.85% | 16.22% | 0.52x | 1.89x | AU$6.36 Million |
| 2011 | 21.66% | 21.95% | 0.55x | 1.80x | AU$15.11 Million |
| 2012 | 18.55% | 20.68% | 0.70x | 1.29x | AU$15.79 Million |
| 2013 | 17.49% | 21.89% | 0.55x | 1.45x | AU$15.56 Million |
| 2014 | 15.41% | 18.94% | 0.52x | 1.57x | AU$14.15 Million |
| 2015 | 14.91% | 24.03% | 0.46x | 1.34x | AU$14.02 Million |
| 2016 | 14.19% | 25.08% | 0.38x | 1.47x | AU$12.88 Million |
| 2017 | 13.76% | 20.53% | 0.44x | 1.53x | AU$12.42 Million |
| 2018 | 12.06% | 17.76% | 0.40x | 1.70x | AU$7.28 Million |
| 2019 | 12.92% | 12.97% | 0.66x | 1.52x | AU$10.99 Million |
| 2020 | 5.55% | 7.97% | 0.41x | 1.71x | AU$-16.78 Million |
| 2021 | 8.20% | 10.85% | 0.46x | 1.63x | AU$-7.20 Million |
| 2022 | 8.88% | 11.18% | 0.42x | 1.89x | AU$-4.73 Million |
| 2023 | 7.34% | 8.06% | 0.50x | 1.82x | AU$-11.48 Million |
| 2024 | 8.79% | 10.48% | 0.52x | 1.61x | AU$-5.59 Million |
| 2025 | 9.84% | 10.33% | 0.54x | 1.75x | AU$-779.50K |
Industry Comparison
This section compares Cedar Woods Properties Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $86,267,863
- Average return on equity (ROE) among peers: -46.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cedar Woods Properties Ltd (CWP) | AU$489.19 Million | -28.71% | 0.75x | $306.94 Million |
| Avjennings Ltd (AVJ) | $408.03 Million | 3.21% | 0.81x | $59.80 Million |
| CAQ Holdings Ltd (CAQ) | $-463.74K | 0.00% | 0.00x | $278.52K |
| Finbar Group Ltd (FRI) | $13.68 Million | -0.08% | 0.28x | $42.05 Million |
| Hudson Investment Group Ltd (HGL) | $28.33 Million | 2.91% | 0.88x | $2.21 Million |
| Land & Homes Group Ltd (LHM) | $332.28K | -432.87% | 2.51x | $371.24K |
| Mustera Property Group Ltd (MPX) | $18.16 Million | -14.32% | 1.43x | $409.97K |
| Peet Ltd (PPC) | $232.91 Million | 18.08% | 1.43x | $324.70 Million |
| Tian An Australia Ltd (TIA) | $68.03 Million | 1.08% | 3.52x | $354.63K |
| United Overseas Australia Ltd (UOS) | $7.40 Million | 0.04% | 0.47x | $26.62 Million |