Growthpoint Properties Australia
Growthpoint Properties Australia vision is to create sustainable value in everything we do, by being the forward-thinking, trusted partner of choice. Since 2009, we've been investing in high-quality Australian real estate. Growthpoint Properties Australia directly owned portfolio comprises modern, high-quality, office and industrial properties. Through funds management business, we they also mana… Read more
Growthpoint Properties Australia (GOZ) - Net Assets
Latest net assets as of June 2025: AU$2.34 Billion AUD
Based on the latest financial reports, Growthpoint Properties Australia (GOZ) has net assets worth AU$2.34 Billion 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$4.33 Billion) and total liabilities (AU$1.99 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$2.34 Billion |
| % of Total Assets | 53.99% |
| Annual Growth Rate | 11.49% |
| 5-Year Change | -27.51% |
| 10-Year Change | 53.39% |
| Growth Volatility | 46.43 |
Growthpoint Properties Australia - Net Assets Trend (2007–2025)
This chart illustrates how Growthpoint Properties Australia's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Growthpoint Properties Australia (2007–2025)
The table below shows the annual net assets of Growthpoint Properties Australia from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$2.34 Billion | -10.58% |
| 2024-06-30 | AU$2.61 Billion | -14.49% |
| 2023-06-30 | AU$3.05 Billion | -13.23% |
| 2022-06-30 | AU$3.52 Billion | +9.27% |
| 2021-06-30 | AU$3.22 Billion | +14.13% |
| 2020-06-30 | AU$2.82 Billion | +10.84% |
| 2019-06-30 | AU$2.55 Billion | +18.06% |
| 2018-06-30 | AU$2.16 Billion | +13.44% |
| 2017-06-30 | AU$1.90 Billion | +24.90% |
| 2016-06-30 | AU$1.52 Billion | +7.86% |
| 2015-06-30 | AU$1.41 Billion | +21.15% |
| 2014-06-30 | AU$1.17 Billion | +44.88% |
| 2013-06-30 | AU$804.14 Million | +9.67% |
| 2012-06-30 | AU$733.24 Million | +53.22% |
| 2011-06-30 | AU$478.56 Million | +47.70% |
| 2010-06-30 | AU$324.00 Million | +177.85% |
| 2009-06-30 | AU$116.61 Million | -65.45% |
| 2008-06-30 | AU$337.50 Million | +2.32% |
| 2007-06-30 | AU$329.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Growthpoint Properties Australia'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 33277500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$330.60 Million | 14.16% |
| Common Stock | AU$1.99 Billion | 85.06% |
| Other Comprehensive Income | AU$18.30 Million | 0.78% |
| Total Equity | AU$2.34 Billion | 100.00% |
Growthpoint Properties Australia Competitors by Market Cap
The table below lists competitors of Growthpoint Properties Australia ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Yct Electronics Group Co.Ltd
SHE:301099
|
$355.74 Million |
|
N-Able Inc
NYSE:NABL
|
$355.82 Million |
|
Aygaz AS
IS:AYGAZ
|
$355.92 Million |
|
Gold Fields Ltd
JSE:GFI
|
$356.05 Million |
|
Dah Sing Banking Group Ltd
PINK:DHSBF
|
$355.61 Million |
|
Wonik QnC Corporation
KQ:074600
|
$355.34 Million |
|
Jiangxi Huawu Brake Co Ltd
SHE:300095
|
$355.30 Million |
|
Shanghai Material Trading Co Ltd A
SHG:600822
|
$355.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Growthpoint Properties Australia's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,611,700,000 to 2,335,300,000, a change of -276,400,000 (-10.6%).
- Net loss of 124,600,000 reduced equity.
- Dividend payments of 157,200,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,400,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-124.60 Million | -5.34% |
| Dividends Paid | AU$157.20 Million | -6.73% |
| Other Comprehensive Income | AU$1.40 Million | +0.06% |
| Other Changes | AU$4.00 Million | +0.17% |
| Total Change | AU$- | -10.58% |
Book Value vs Market Value Analysis
This analysis compares Growthpoint Properties Australia'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: 0.70x
- 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 0.23x to 0.70x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-06-30 | AU$9.29 | AU$2.18 | x |
| 2008-06-30 | AU$9.50 | AU$2.18 | x |
| 2009-06-30 | AU$3.28 | AU$2.18 | x |
| 2010-06-30 | AU$2.33 | AU$2.18 | x |
| 2011-06-30 | AU$2.33 | AU$2.18 | x |
| 2012-06-30 | AU$2.23 | AU$2.18 | x |
| 2013-06-30 | AU$2.03 | AU$2.18 | x |
| 2014-06-30 | AU$2.55 | AU$2.18 | x |
| 2015-06-30 | AU$2.51 | AU$2.18 | x |
| 2016-06-30 | AU$2.64 | AU$2.18 | x |
| 2017-06-30 | AU$2.92 | AU$2.18 | x |
| 2018-06-30 | AU$3.23 | AU$2.18 | x |
| 2019-06-30 | AU$3.59 | AU$2.18 | x |
| 2020-06-30 | AU$3.66 | AU$2.18 | x |
| 2021-06-30 | AU$4.16 | AU$2.18 | x |
| 2022-06-30 | AU$4.55 | AU$2.18 | x |
| 2023-06-30 | AU$3.98 | AU$2.18 | x |
| 2024-06-30 | AU$3.46 | AU$2.18 | x |
| 2025-06-30 | AU$3.10 | AU$2.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Growthpoint Properties Australia utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -38.16%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.85x
- Recent ROE (-5.34%) is below the historical average (-1.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -0.66% | -10.28% | 0.02x | 3.40x | AU$-35.16 Million |
| 2008 | 10.52% | 54.43% | 0.08x | 2.56x | AU$1.76 Million |
| 2009 | -180.13% | -295.57% | 0.11x | 5.76x | AU$-221.71 Million |
| 2010 | 14.39% | 69.70% | 0.09x | 2.39x | AU$14.24 Million |
| 2011 | 9.09% | 49.18% | 0.07x | 2.49x | AU$-4.37 Million |
| 2012 | 6.77% | 40.02% | 0.08x | 2.19x | AU$-23.70 Million |
| 2013 | 11.68% | 58.86% | 0.10x | 2.09x | AU$13.54 Million |
| 2014 | 10.07% | 66.05% | 0.08x | 1.83x | AU$840.60K |
| 2015 | 20.05% | 138.86% | 0.08x | 1.71x | AU$141.85 Million |
| 2016 | 14.73% | 103.80% | 0.08x | 1.89x | AU$72.03 Million |
| 2017 | 14.62% | 105.34% | 0.08x | 1.75x | AU$87.94 Million |
| 2018 | 16.58% | 137.47% | 0.07x | 1.61x | AU$142.01 Million |
| 2019 | 14.74% | 135.44% | 0.07x | 1.62x | AU$120.64 Million |
| 2020 | 9.64% | 92.96% | 0.07x | 1.59x | AU$-10.16 Million |
| 2021 | 17.17% | 188.04% | 0.06x | 1.48x | AU$231.06 Million |
| 2022 | 13.05% | 147.42% | 0.06x | 1.56x | AU$107.21 Million |
| 2023 | -8.04% | -71.67% | 0.07x | 1.71x | AU$-551.03 Million |
| 2024 | -11.42% | -92.70% | 0.07x | 1.82x | AU$-559.37 Million |
| 2025 | -5.34% | -38.16% | 0.08x | 1.85x | AU$-358.13 Million |
Industry Comparison
This section compares Growthpoint Properties Australia's net assets metrics with peer companies in the REIT - Office industry.
Industry Context
- Industry: REIT - Office
- Average net assets among peers: $534,397,000
- Average return on equity (ROE) among peers: -25.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Growthpoint Properties Australia (GOZ) | AU$2.34 Billion | -0.66% | 0.85x | $355.70 Million |
| Australian Unity Office Fund (AOF) | $72.99 Million | -48.76% | 0.08x | $11.56 Million |
| Centuria Office REIT (COF) | $995.81 Million | -1.99% | 0.96x | $198.81 Million |